The World’s Ultra-Rich Favor These Cities for Home Buying – Mansion Global
The number of individuals with $30 million or more is expected to surge 33% over the next five years.
The world’s ultra-wealthy population is rapidly growing, and with that, so are their real estate portfolios.
In the next five years, the global number of ultra-high-net-worth individuals—those worth $30 million or more—is expected to surge by more than 33%, according to a report from the information services firm Altrata on Wednesday.
And though the luxury real estate market has fluctuated in the years since the Covid pandemic, it’s also proving to be a worthwhile asset as the stock market bears the brunt of geopolitical tensions. Ultra-wealthy individuals own an average of three homes.
