Global Top 20 Cities by Ultra-High Net Worth Footprint

[dimondpark]

UHNWI is defined as a person worth 30 Million+ USD

For the US, this is by Metropolitan Statistical Area(MSA)

Global 20 cities by UHNW footprint, 2022
Number of UHNW individuals with a primary residence
or secondary home in this location, and rank
1 New York 21,714
2 London 15,907
3 Hong Kong 15,175
4 Los Angeles 13,194
5 Miami 10,831
6 San Francisco 9,221
7 Beijing 8,923
8 Singapore 7,471
9 Chicago 6,506
10 Washington DC 5,732
11 Boston 5,722
12 San Jose 5,291
13 Paris 5,722
14 Dallas 4,686
15 Houston 4,420
16 Seattle 4,334
17 Toronto 3,742
18 Atlanta 3,420
19 Denver 3,134
20 Phoenix 2,969

Top seven US cities by UHNW density, 2022
Number of city residents per UHNW primary resident or
secondary home owner, and rank
1 Aspen 67
2 Naples 141
3 Greenwich 328
4 San Jose 372
5 San Francisco 505
6 Miami 565
7 Salt Lake City 816

https://www.prnewswire.com/news-rele...301763872.html

[Crawford]

There's also a distinction between places where UHNW fortunes are made, and where they're maintained. Aspen would be one extreme, San Jose the other.

[iheartthed]

The count for Houston appears to be omitted.

[MolsonExport]

List, schmist.

[Maldive]

Originally Posted by dimondpark

UHNWI is defined as a person worth 30 Million+ USD

For the US, this is by Metropolitan Statistical Area(MSA)

Global 20 cities by UHNW footprint, 2022
Number of UHNW individuals with a primary residence
or secondary home in this location, and rank
1 New York 21,714
2 London 15,907
3 Hong Kong 15,175
4 Los Angeles 13,194
5 Miami 10,831
6 San Francisco 9,221
7 Beijing 8,923
8 Singapore 7,471
9 Chicago 6,506
10 Washington DC 5,732
11 Boston 5,722
12 San Jose 5,291
13 Paris 5,722
14 Dallas 4,686
15 Houston
16 Seattle 4,334
17 Toronto 3,742
18 Atlanta 3,420
19 Denver 3,134
20 Phoenix 2,969

Top seven US cities by UHNW density, 2022
Number of city residents per UHNW primary resident or
secondary home owner, and rank
1 Aspen 67
2 Naples 141
3 Greenwich 328
4 San Jose 372
5 San Francisco 505
6 Miami 565
7 Salt Lake City 816

https://www.prnewswire.com/news-rele...301763872.html

While I understand that the 100 or so billionaire oligarchs (who answer to Putin) control nearly half of Russia's assets, I'm still suprised the 5,000+ mere multi-millionaires (who answer to Putin) didn't get Moscow on this list.

Maybe an access to information challenge...

[Gantz]

Originally Posted by Maldive

While I understand that the 100 or so billionaire oligarchs (who answer to Putin) control nearly half of Russia's assets, I'm still suprised the 5,000+ mere multi-millionaires (who answer to Putin) didn't get Moscow on this list.

Maybe an access to information challenge...

Foreign net worth/assets is hard to measure due to fluctuating exchange rates. Also, I doubt multi-millionaires "answer to Putin". Chances are they do not know anybody in the Kremlin at all. Too low and unimportant and there is too many of them.

[isaidso]

There seems to be an endless stream of rankings for how much wealth exists in various cities. More telling would be the other side of the coin: Ultra-Low Net Worth.

If you took the bottom quartile of the population, what cities top the list for most amount of wealth? Not only would the list be damning for a number of cities in the Top 20 UHNW list, it's arguably a more important yardstick when comparing cities. How 25% of the population in these cities live matters a great deal more than how 0.1% or less (who're classified as Ultra-High New Worth) live.

Very few or none of the cities in the UHNW Top 20 would do well when looking at their bottom quartile. In the developed world, cities like Copenhagen would. The bottom 25% would have far more wealth than the bottom 25% in a city like Los Angeles. That's the mark of a great city and something a city can be proud of. Making the Top 20 in the UHNW ranking rings hollow if you have a big chunk of your population living in abject poverty. Hong Kong is 3rd but tens of thousands live in cages. Some of these other cities on the list (tent cities in California) aren't much better .


Yeah, but we have the 3rd most UHNW individuals!


https://asiasociety.org/blog/asia/gl...ome-conditions

[HyperPower]

Millionaires and Billionaires in the Wealthiest Cities
In the latest edition of the ranking, North America has a strong showing with seven of the wealthiest cities, by number of millionaires.

In particular, the United States claims five of the cities in the top 10, including the very top spot with New York City.

Rank City Country Millionaires Billionaires
#1 New York 🇺🇸 United States 345,600 59
#2 Tokyo 🇯🇵 Japan 304,900 12
#3 San Francisco 🇺🇸 United States 276,400 62
#4 London 🇬🇧 United Kingdom 272,400 38
#5 Singapore 🇸🇬 Singapore 249,800 26
#6 Los Angeles 🇺🇸 United States 192,400 34
#7 Chicago 🇺🇸 United States 160,100 28
#8 Houston 🇺🇸 United States 132,600 25
#9 Beijing 🇨🇳 China 131,500 44
#10 Shanghai 🇨🇳 China 130,100 42

https://www.visualcapitalist.com/top...ultra-wealthy/