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: 76

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 posted a blog post

The Great Balloon Hoax

 No, this is not about the “Great Airship Mystery” that left hundreds of witnesses spellbound…See More
5 hours ago
Doc Vega commented on cheeki kea's blog post The Decades of Evidence SSRI Antidepressants Cause Mass Shootings
"SSRI's are poor substute for counciling soldiers back from war suffering from PTSD! "
7 hours ago
Doc Vega favorited cheeki kea's blog post The Decades of Evidence SSRI Antidepressants Cause Mass Shootings
7 hours ago
Gordon Freeman commented on honeygirl's video
Thumbnail

Trump FULLY SURRENDERS to Iran giving them HORMUZ FOREVER!!!

"Iranians were controlling that strait from more than 2000 years so, i don't see how can U.S.…"
12 hours ago
Gordon Freeman commented on Sandy's photo
Thumbnail

FB_IMG_1774426812008

"that's by design, why wonder?"
13 hours ago
Gordon Freeman commented on cheeki kea's blog post The Decades of Evidence SSRI Antidepressants Cause Mass Shootings
"About that...FDA is known to be covering all kind of stories for big pharma... including all you…"
14 hours ago
Gordon Freeman commented on cheeki kea's blog post The Decades of Evidence SSRI Antidepressants Cause Mass Shootings
"Medicines are made for different types of budgets and different types of diseases, doesn't…"
15 hours ago
Gordon Freeman posted a blog post

Stupidity...

So, these days patients don't read the prospect of a medicine before using it?See More
15 hours ago
Gordon Freeman favorited Doc Vega's blog post Why Was The TV Show “The Outer Limits” Such a Threat?
17 hours ago
Gordon Freeman updated their profile
18 hours ago
tjdavis posted a photo
yesterday
honeygirl posted a video

This Isn’t a Theory Anymore — The Thiel/Epstein Power Network Is Being Built Now | Whitney Webb

What if the system people keep warning about isn’t some future plan?What if it’s already here — being built in plain sight through defense contracts, digital...
yesterday
Doc Vega posted blog posts
yesterday
Doc Vega posted blog posts
Saturday
Sandy posted a video

Dan Bilzerian believes Palestinians are real Semites and he explained why

#danbilzerian #shorts #israel #palestine #gaza #british #piersmorgan #politics #uk
Saturday
Doc Vega commented on honeygirl's video
Saturday
honeygirl posted videos
Friday
Doc Vega posted a blog post

Where I've Been

Your mouth is moving but your eyes can’t lieLong ago you were compromisedRelying heavily on your…See More
Friday
Doc Vega's 2 blog posts were featured
Thursday
Less Prone commented on Sandy's photo
Thumbnail

FB_IMG_1775463256193

"Then they had the same old photo edited. Very stupid!"
Thursday

© 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