NEW YORK (EFE).— New York is the richest city in the world thanks to its 349,500 millionaires, a figure that doubled by nearly 50% during the last decade, according to the “USA Wealth Report 2024” study.
Of that total of millionaires, 744 have more than one hundred million dollars and 60 are multimillionaires, says the study carried out by the global residency and citizenship by investment firm Henley & Partners in association with New World Wealth.
The greatest growth in the number of millionaires occurred from 2013 to 2019, Andrew Amoils, head of research at New World Wealth, told NBC.
As the richest cities in the United States, New York is followed by the San Francisco Bay Area, with 305,700 millionaires, an increase of 82% in the last decade, and Los Angeles (212,100 millionaires), both in California; Chicago, with 120,500 millionaires and Houston, with 90,900 millionaires.
It also stands out that as a result of its technological boom, Austin, the capital of Texas, has had the largest increase, of 110%, in its millionaire population from 2013 to 2023.
Andrew Amoils, head of research at New World Wealth, assures that “the future sources of wealth to take into account are Salt Lake City (Utah), and Tampa and Naples (Florida).”
“Over the next decade, we can expect these cities to attract an increasing number of high-net-worth residents,” he added.
The recent study also highlights that New York also has the most expensive real estate, with an average price of $28,400 per square meter, followed by the city of Los Angeles, with an average price of $17,800 per square meter.
According to this study, the United States remains the world’s undisputed leader in the creation and accumulation of private wealth, with 37% of the world’s millionaires: some 5.5 million high-net-worth individuals who own more than a million of dollars in cash to invest.
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2024-04-09 07:25:45
