Personal Finance
Where the Other Half Lives: These 20 Cities Have the Most Mega-Wealthy Homeowners
Ever wonder how the other half lives? While that may be privileged information, recently released data can tell you where the ultra-rich live.
A new report from Altrata, an intelligence firm that creates data-based profiles on ultra-high net worth individuals, shows the top global locations for the world’s wealthiest homeowners.
Ultra-high net worth individuals — or people with a net worth of at least $30 million — still like owning homes in U.S. cities. New York, Los Angeles and Miami are in the top five for the highest number of wealthy homeowners, and the U.S. represents more than half of the cities in the top 20. As the leading global city of the rich, New York boasts nearly 22,000 mega-wealthy people with primary or secondary residences.
A separate list of U.S. cities with the highest density of wealthy homeowners ranks Aspen, Colorado, Naples, Florida, and Greenwich, Connecticut, as the top three. Aspen, where one in every 67 residents is considered ultra-high net worth, has a density of wealthy homeowners nearly 15 times that of New York. Monaco, Geneva and Hong Kong have the highest density of ultra-rich residents outside U.S.
Where the ultra-rich own homes
These are the top 20 cities around the world where the most ultra-rich people have primary or secondary homes:
-
New York: 21,714
-
London: 15,907
-
Hong Kong: 15,175
-
Los Angeles: 13,194
-
Miami: 10,831
-
San Francisco: 9,221
-
Beijing: 8,923
-
Singapore: 7,471
-
Chicago: 6,506
-
Washington, D.C.: 5,732
-
Boston: 5,722
-
San Jose: 5,291
-
Paris: 5,235
-
Dallas: 4,686
-
Houston: 4,420
-
Seattle: 4,334
-
Toronto: 3,742
-
Atlanta: 3,420
-
Denver: 3,134
-
Phoenix: 2,969
More from Money:
Last Year’s Stock Market Plunge Wiped Out a Third of 401(k) Millionaires
Even Millionaires Are Worried They Can’t Afford to Retire
9 Best Home Equity Loans of March 2023
© Copyright 2023 Money Group, LLC. All Rights Reserved.
This article originally appeared on Money.com and may contain affiliate links for which Money receives compensation. Opinions expressed in this article are the author’s alone, not those of a third-party entity, and have not been reviewed, approved, or otherwise endorsed. Offers may be subject to change without notice. For more information, read Money’s full disclaimer.
Read the full article here
-
Side Hustles6 days ago
The Day Trader’s Guide to Making Money Without Tying to a Desk
-
Side Hustles5 days ago
How Charlotte’s Rally Pickleball Got Its Start
-
Make Money5 days ago
5 Surprising Ways Trump’s Trade Agenda Could Affect What You Pay at Checkout
-
Investing5 days ago
Quantum stock soars on new file system client By Investing.com
-
Investing7 days ago
Trump signals potential reconsideration of TikTok ban By Investing.com
-
Side Hustles3 days ago
Kickstart Your Year With These Entrepreneurial Health Checkups
-
Passive Income4 days ago
5 Key Success Factors of Thriving Entrepreneurs
-
Side Hustles2 days ago
This AI is the Key to Unlocking Explosive Sales Growth in 2025