MSN Money

Luxe life: Where the 1% call home

The wealthiest people, meaning those who control at least $30 million in assets, are a lot more prevalent in some cities. Here's where you'll find them.

1 of 12
From left: Washington, D.C © Sue Ogrocki/AP; Atlanta © Walter Bibikow/AWL Images/Getty Images; Boston © Atlantide Phototravel/Corbis
Ultra-high-net-worth cities

The Occupy Wall Street movement has amplified Americans' growing concerns over the issues of social and economic inequality, greed and the influence of corporations on government and other social institutions.

The movement highlighted the divide between ultrarich and everyone else (the 99%).

So, who are the 1%, and where are they from?

The group is made up of doctors, lawyers, entrepreneurs, celebrities, athletes, farmers and even government workers.

Identifying where these high-earners live is made tricky by the fact that many have multiple residences. One source of information about ultra-high-net-worth individuals is Wealth-X, a company that tracks affluent individuals. It defines ultra-high-net-worth individuals as those who control assets -- including real estate, stock, art, cash and other investable possessions -- valued at $30 million or more.

Some cities are magnets for ultra-high-net-worth individuals. "Certain geographic clusters generate and attract wealth," said Wealth-X co-founder David Friedman. "A concentration of UHNW individuals is certainly indicative of an area's overall economic health."

So, which U.S. cities have the most ultrawealthy people? Click ahead through the following slide show (published April 11) to find out.


 

More from CNBC:

Original Article here


Views: 75

Reply to This

Replies to This Discussion

I've lived in 4 of those cities and spent time in 2 others.

I lived in Dallas with a bunch of rich shitheads lol. They are so narcissistic it's nauseating.

RSS

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Doc Vega commented on Doc Vega's blog post A Cure for Cancer?
"cheek kea thanks you so much. Yes, I agree, but there was so much espionage, mistrust, and military…"
yesterday
cheeki kea commented on Doc Vega's blog post A Cure for Cancer?
"Yes I believe there's a Cure or Remedy for everything. As netizens across the world start to…"
Wednesday
Doc Vega posted a blog post

A Cure for Cancer?

 How many of you have agonized over seeing little kids at St. Jude’s Hospital with brain cancer,…See More
Tuesday
Евеліна posted a blog post

Розумний дім: як технології роблять життя комфортнішим

Що таке розумний дімРозумний дім — це система сучасних технологій, яка дозволяє автоматизувати…See More
Tuesday
Less Prone commented on tjdavis's photo
Thumbnail

Shabby Road

"Total disregard of public places. Import it to the west and call it enrichment. "
Sunday
tjdavis posted a photo
Sunday
Doc Vega posted a blog post
Saturday
Less Prone favorited Doc Vega's photo
Mar 13
Less Prone commented on rlionhearted_3's photo
Thumbnail

What the fuck?

"When will the perverts picked out of the government and positions of power for thorough…"
Mar 13
Less Prone favorited Doc Vega's blog post The Re-Evaluation of our Current Reality
Mar 13
Less Prone favorited Doc Vega's blog post Former Naval Physicist and Photo Analyst Bruce Maccabee’s Wife Sees Alien Predator!
Mar 13
Doc Vega's 6 blog posts were featured
Mar 13
cheeki kea's blog post was featured
Mar 13
james will's 2 blog posts were featured
Mar 13
Less Prone left a comment for Роман
"Welcome on board. Your input is welcome, but could you provide a translation in…"
Mar 13
Less Prone left a comment for Tina Sullivan
"Did you lose the password= As far as I know we have changed nothing her. Continue as Sullivan."
Mar 13
Doc Vega posted a blog post

Death of an F-106 Pilot in Pursuit of the Unknown

 The year in between 1970 and 1972 on July 14 on a single night when a series of events led to the…See More
Mar 12
Tina Sullivan left a comment for Less Prone
"Hey, buddy!  You're right, I can't get into my account!  "
Mar 12
rlionhearted_3 posted photos
Mar 12
Doc Vega posted a blog post

The Re-Evaluation of our Current Reality

 Surprisingly, there has been talk of mankind being enveloped in an artificial reality for decades…See More
Mar 11

© 2026   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted