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.

1 minute read

October 19, 2011, 8:00 AM PDT

By Tim Halbur


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."

Tuesday, October 18, 2011 in CNN

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