ARCHITECTURAL DIGEST: New York Is Officially the World’s Wealthiest City for Real Estate

Architectural Digest

New York is home to the highest number of ultrawealthy homeowners in the world.

Despite the economic shakeup caused by COVID-19, New York remains the world capital for wealthy homeowners.

Nearly 25,000 ultra-high-net-worth (UHNW) individuals—those with a net worth of over $30 million—have primary or secondary residences in the Big Apple, according to a new report from financial insight company WealthX and real estate platform REALM.