US Dominates the Globe With Most Ultra-High-Net-Worth Homeowners

The US notched 14 spots among 20 global cities in a new analysis of homeowners with a net worth of at least $30M. New York City clinched the top spot on a list compiled by REALM and WealthX. New York City clinched the top spot on a list compiled by REALM and WealthX.

When it comes to cities with the greatest residential footprint of ultra-high-net-worth individuals, the United States has everyone else beat.

The U.S. boasts 14 cities with the most ultra-high-net-worth owners of primary and secondary residences, securing its place among the world’s highest concentrations of individuals with a net worth of at least $30 million, according to a new report released Tuesday by REALM and WealthX in conjunction with the analytics firm Altrata.

New York City clinched the top spot, with 21,714 ultra-high-net-worth homeowners, according to the report, “Residential Real Estate 2023: Spotlight on the World’s Leading Markets for the Wealthy.” London took second place with 21,714 similarly moneyed property owners, and Hong Kong followed close behind with 15,175 ultra-high-net-worth individuals, according to the data.

Read the full article on Inman.