According to a recent report, the super-rich own homes in several cities around the world, with a majority of them located in the United States. The report highlights the top 10 cities with the most significant number of super-rich homeowners, with six of them located in the US.
1. New York City, USA
New York City tops the list of cities with the most significant number of super-rich homeowners. With an estimated 118 billionaires, it’s no surprise that the city has the highest number of homes owned by the super-rich. Billionaires such as Michael Bloomberg, Rupert Murdoch, and David Koch all have homes in the city, making it a popular choice for the wealthy.
2. Hong Kong
Hong Kong comes in second on the list, with an estimated 93 billionaires and a high cost of living. The city’s luxury real estate market has been booming in recent years, with new developments catering to the super-rich popping up all over the city.
3. Los Angeles, USA
Los Angeles is another popular destination for the super-rich, with an estimated 48 billionaires owning homes in the city. The city’s warm climate, beaches, and entertainment industry make it an attractive option for those looking for a luxury lifestyle.
4. London, UK
London is the first European city to make the list, with an estimated 45 billionaires owning homes in the city. The UK’s capital has long been a popular destination for the wealthy, with exclusive neighborhoods such as Mayfair and Kensington attracting those with deep pockets.
5. Mumbai, India
Mumbai is one of the fastest-growing cities in the world, with a booming economy and a rising number of billionaires. The city’s luxury real estate market has also been on the rise, with new developments catering to the super-rich popping up all over the city.
6. San Francisco, USA
San Francisco is another US city that has seen a surge in its luxury real estate market in recent years. With an estimated 42 billionaires owning homes in the city, it’s clear that the Bay Area’s booming tech industry has attracted a significant number of the super-rich.
7. Beijing, China
Beijing is the second Chinese city to make the list, with an estimated 38 billionaires owning homes in the city. The city’s luxury real estate market has seen significant growth in recent years, with new developments catering to the super-rich popping up all over the city.
8. Shanghai, China
Shanghai is another Chinese city that has seen a surge in its luxury real estate market in recent years. With an estimated 34 billionaires owning homes in the city, it’s clear that the city’s booming economy has attracted a significant number of the super-rich.
9. Singapore
Singapore has long been a popular destination for the wealthy, with its low taxes, excellent schools, and high standard of living. The city-state has an estimated 21 billionaires owning homes in the city, making it a popular choice for those looking for a luxury lifestyle in Southeast Asia.
10. Moscow, Russia
Moscow is the final city on the list, with an estimated 20 billionaires owning homes in the city. Russia’s capital has long been a popular destination for the wealthy, with exclusive neighborhoods such as Rublyovka and Barvikha attracting those with deep pockets.
In conclusion, the super-rich own homes in several cities around the world, with the United States having the most significant number of cities on the list. New York City, Los Angeles, and San Francisco are all popular destinations for the super-rich, thanks to the booming tech industry and excellent standard of living. However, it’s not just US cities that are attracting the super-rich, with cities such as Hong Kong, London, and Mumbai all seeing significant growth in their luxury real estate markets in recent years.
Comments