The Megarich 1% Live in New York
Well, a good percentage of them do, with 13% of the country's 57,860 ultra high net worth individuals living in NYC.
Los Angeles and San Francisco, next in line, each have a little over 4,000 uber-rich folks, a little more than half what New York claims.
Wealth-X, a Singapore-based research firm, made the calculations and CNN has a bar graph to illustrate.
From the press release:
"The study ranks the top ten metro areas in the United States by population of ultra high net worth (UHNW) individuals, or anyone worth at least US $30 million when accounting for shares in public and private companies, residential and investment properties, art collections, planes, cash and other investible assets."
Full Story:
Published on Tuesday, October 18, 2011 in
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