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About 770 billionaires reside in america, in line with a brand new report on the world’s wealthiest cities from London-based consulting agency Henley & Companions.
There are only a handful of cities they like to name house — or no less than park their non-public jets after they’re on the town.
Three of the 4 greatest clusters of billionaires on this planet are basic US locations for the uberwealthy: New York Metropolis, Los Angeles, and the Bay Space, which incorporates the neighboring tech hubs of San Francisco and Silicon Valley. Almost 163 billionaires reside in these three sizzling spots alone.
A few of America’s richest residents, although, select quieter cities for his or her house bases.
Comparably smaller Seattle, Washington boasts 10 billionaire residents, whereas Boston, Massachusetts claims eight.
And considered one of America’s fastest-growing cities — Austin, Texas — has emerged as a comparatively new billionaire sizzling spot, counting 9 as residents. Henley & Companions mentioned that “no state earnings tax and ample area” helps make the Texas capital a main vacation spot, particularly as tech titans like Elon Musk descend on town.
Try the total listing of the US cities the place probably the most billionaires reside.
9. Boston, Massachusetts
Boston, Massachusetts. DenisTangneyJr/Getty Photos
The CEO of biotech and vaccine large Moderna, Stéphane Bancel, and founding father of on-line furnishings firm Wayfair, Niraj Shah, reside in Beantown, in line with Boston Journal.
Inhabitants: 675,647
Variety of billionaires: 8
Variety of high-net-worth people with wealth over $1 million: 41,700
Improve in millionaires and billionaires from 2012 to 2022: 50%
8. Austin, Texas
Austin, Texas. dszc/Getty Photos
Electrical-car billionaire Elon Musk, who’s a latest transplant to the Texas capital, mentioned on a podcast that his new hometown will likely be “the most important boomtown America has seen in 50 years.“
Inhabitants: 961,855
Variety of billionaires: 9
Variety of high-net-worth people with wealth over $1 million: 30, 500
Improve in millionaires and billionaires from 2012 to 2022: 102%
7. Seattle, Washington
Seattle, Washington. Sean Pavone/Getty Photos
Starbucks CEO Howard Schultz calls the “Wet Metropolis” house.
Inhabitants: 737,015
Variety of billionaires: 10
Variety of high-net-worth people with wealth over $1 million: 50,500
Improve in millionaires and billionaires from 2012 to 2022: 68%
6. Miami, Florida
Miami Seashore at evening. Buena Vista Photos
Through the COVID-19 pandemic, Florida as a complete — and Miami particularly — lured finance and tech elites away from worse climate and better taxes in northern cities. Take billionaire hedge-funder Ken Griffin, who moved himself and his hedge fund Citadel to the Magic Metropolis from Chicago.
Inhabitants: 442,241
Variety of billionaires: 12
Variety of high-net-worth people with wealth over $1 million: 38,000
Improve in millionaires and billionaires from 2012 to 2022: 75%
5. Houston, Texas
Houston, Texas. Justin Sullivan/Getty Photos
Folks with fortunes buoyed by oil and pipeline corporations, together with Jeffery Hildebrand and Richard Kinder, dominate Houston’s billionaire scene, in line with the Houston ABC affiliate.
Inhabitants: 2,304,580
Variety of billionaires: 20
Variety of high-net-worth people with wealth over $1 million: 98,500
Improve in millionaires and billionaires from 2012 to 2022: 65%
4. Chicago, Illinois
A bicyclist rides close to Lake Michigan with the Chicago skyline within the background. Beata Zawrzel/Getty Photos
The chairman of Hyatt Motels, Thomas J. Pritzker, and a grandson of the Walmart founder, Lukas Walton, name the Windy Metropolis house, in line with Chicago TV station WGN.
Inhabitants: 2,746,388
Variety of billionaires: 24
Variety of high-net-worth people with wealth over $1 million: 124,000
Improve in millionaires and billionaires from 2012 to 2022: 24%
3. Los Angeles, California
The downtown LA skyline. halbergman/Getty Photos
California is house to probably the most billionaires — not simply within the US, however on this planet, in line with Forbes. Los Angeles, particularly, is a sizzling spot. Some billionaires there have names that gentle up Hollywood marquees, like director Steven Spielberg. Others desire to fly beneath the radar, like reclusive In-N-Out heiress Lyndsi Snyder.
Inhabitants: 10,014,009
Variety of billionaires: 42
Variety of high-net-worth people with wealth over $1 million: 205,400
Improve in millionaires and billionaires from 2012 to 2022: 35%
2. New York Metropolis
The Manhattan skyline, with One World Commerce Middle on the heart. Getty Photos
Former mayor and one-time presidential candidate Michael Bloomberg and Blackstone CEO Stephen Schwartzman are two notable billionaire New Yorkers.
Inhabitants: 8,804,190
Variety of billionaires: 58
Variety of high-net-worth people with wealth over $1 million: 340,000
Improve in millionaires and billionaires from 2012 to 2022: 40%
1. The Bay Space, made up of San Francisco and Silicon Valley
The downtown San Francisco skyline. Alexander Spatari/Getty Photos
Tech’s explosion has made San Francisco and close by Silicon Valley the biggest cluster of billionaires within the US and the world. Meta’s Mark Zuckerberg, Alphabet’s Larry Web page, and Airbnb’s Brian Chesky all name the area house.
Inhabitants: 7.7 million, in line with the San Francisco Chronicle
Variety of billionaires: 63
Variety of high-net-worth people with wealth over $1 million: 285,000
Improve in millionaires and billionaires from 2012 to 2022: 68%
All inhabitants information is from the US Census’ 2020 survey besides the place in any other case famous.
