Ultra-wealthy buyers are clamoring to live in these cities — see where NYC ranks among them – New York Post
The lucky number of individuals worth $30 million or more is expected to grow by 33% over the next five years — and they all need homes.
A new report narrowed down where the moneyed are living, where they’re buying second homes and where they’re rubbing elbows. The data, compiled by the information services firm Altrata and reported by Mansion Global, geographically tracked the real estate moves of individuals with net worths exceeding $30 million.
In the industry, these filthy-rich buyers are referred to as “ultra-high-net-worth individuals,” and their residential footprint is growing internationally. Members of this affluent demographic own an average of three homes, according to the report.
