Millionaires Fleeing Chicago Over Fear of Civil Unrest
April 8, 2016
Millionaires are fleeing Chicago due to concerns over racial tensions and rising crime rates, according to a report by research firm New World Wealth.
“About 3,000 individuals with net assets of $1 million or more, not including their primary residence, moved from the city last year, with many citing rising racial tensions and worries about crime as factors in the decision,” reports the Chicago Tribune.
Chicago is third on the list of cities experiencing an exodus of millionaires, behind Paris and Rome.