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: 71

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

Jeff is now a member of 12160 Social Network
6 hours ago
Doc Vega posted blog posts
Friday
tjdavis posted a video

How Corporations Are Secretly Poisoning Our Food Supply

Dupont and 3M have been secretly poisoning America for decades. PFAs — also known as forever chemicals—are now in our food, water, clothes, and our blood. Th...
Friday
Doc Vega posted a blog post

They Won’t Stop

 The demonically driven left will not stop. Makes no difference how much violence they call for or…See More
Wednesday
Doc Vega posted a blog post

What US Scientist unwittingly helped the Nazis devise the V-2 Missile?

  In the early 1920’s and leading up to World War II German technology outpaces the peace time…See More
Monday
tjdavis favorited Sandy's video
Oct 19
tjdavis posted a photo
Oct 19
Christopher Walker is now a member of 12160 Social Network
Oct 19
tjdavis posted videos
Oct 19
Burbia commented on tjdavis's photo
Thumbnail

Reflection

"Let's see if this goes past indictment."
Oct 18
Doc Vega commented on Doc Vega's blog post Something Watches From Out there in the Wilderness
"cheeki kea That's very interesting history. So many things about history that go ignored or…"
Oct 18
Burbia commented on Burbia's video
Oct 18
Burbia posted a video

Programmed To Kill/Satanic Cover-Up Part 433 (The Charlie Kirk Conspiracy Show)

https://www.programmedtokill.net/projects---- DISCLAIMER! ----Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair u...
Oct 18
cheeki kea commented on cheeki kea's photo
Thumbnail

American werewolf- 2018

"Yip I've looked again and this is what the creature looks like, even has stripes just like…"
Oct 18
cheeki kea commented on cheeki kea's photo
Thumbnail

American werewolf- 2018

"The mystery continues I guess. ( reminds me of something out of the under world )"
Oct 18
cheeki kea posted a photo
Oct 18
cheeki kea commented on Doc Vega's blog post Something Watches From Out there in the Wilderness
"Another fine story Doc V. I think it's Dogman the werewolf out there roaming around in high…"
Oct 18
Doc Vega posted blog posts
Oct 18
Doc Vega commented on Doc Vega's blog post What Four UFO Whistle Blowers All Suffered in Common?
"Less Prone Thanks for you comment Buddy! Dabbling in government kept secrets can cost you dearly. I…"
Oct 18
Burbia posted a blog post

Sebastion Piñera and 5G

 Sebastion Piñera “The start of the bidding process for the 5G network. Let’s listen to the threats…See More
Oct 18

© 2025   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