Business & Tech
Wellesley Has Most Millionaires Per Square Mile in Mass.
There are 726 millionaires in town, according to the Boston Business Journal.

Wellesley has 726 millionaires—the highest concentration of millionaires per square mile in the state, according to a report by the Boston Business Journal.
The BBJ analyzed 2013 tax data and found Wellesley had 726 millionaire filers—which was actually down from 767 the year before. The 726 tally represents 71.3 per square mile, the highest in the state.
Wellesley’s millionaires paid an average of $190,000 in taxes, according to the BBJ.
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These other communities topped the journal’s list:
- Newton 1,058 millionaires
- Wellesley 726
- Weston 491
- Brookline 417
- Cambridge 404
There were 12,501 millionaires in the state in 2013, an 8 percent drop from the previous year, the journal reported.
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