These US Cities, Have the Highest Populations of, Millionaires.
According to a report by Henley & Partners,
the United States remains the top country in the
world for private wealth creation and accumulation.
Quartz reports that the U.S. accounts
for about 32% of global liquid investable
wealth, valued at approximately $67 trillion.
Here are some of the cities
with the largest populations of
millionaires, according to the report.
Austin, This Texas city had the biggest explosion
in millionaire growth in the U.S. over the past
ten years, reaching 32,700 by the end of 2023. .
Miami, This Florida city is home to
35,300 millionaires and 15 billionaires,
including Amazon CEO Jeff Bezos.
Boston, While having just eight billionaires,
the fewest of any other city on the list,
this New England city is home to , 42,900 millionaires.
Seattle, This Washington State city is the home of
some of the largest corporations in the U.S.,
including Amazon and Microsoft. It's also
home to 54,200 millionaires and 11 billionaires. .
Chicago, Approximately 120,500 millionaires
live in this Midwestern metropolis. .
Los Angeles, The second-most populous city in the U.S. has about, 212,100 millionaires and 43 billionaires.
San Francisco, The tech hub of the U.S. boasts the most
billionaires with a whopping 68, as well as
the second-most millionaires with 305,700. .
New York, The city with the most high
net worth individuals has about , 349,500 millionaires
and 60 billionaires
Credit: Wibbitz Top Stories Duration: 01:31Published
Political Differences Driving, US Migration Habits.
'Newsweek' reports that widespread political
tension has driven some Americans to relocate
to places with more compatible points of view.
The political divide in the United States
has become one of the major drivers for
people to pick and move across the country. .
According to the latest Redfin report, one-third of real
estate agents said they had clients who said they
were moving solely because of political reasons in 2023.
Some of the most common migration
routes for homebuyers last year were
from blue states to red or purple
states: San Francisco to Austin;
Seattle to Phoenix; New York to
Orlando and other parts of Florida. , Redfin report, via 'Newsweek'.
That's due largely to housing
affordability, but some homebuyers
moved because they wanted to live
in a more conservative place, Redfin report, via 'Newsweek'.
'Newsweek' points out that the Redfin survey found
that 40% of Texas and Florida residents said they
would rather live in a state where abortion is legal.
'Newsweek' points out that the Redfin survey found
that 40% of Texas and Florida residents said they
would rather live in a state where abortion is legal.
Meanwhile, other U.S. residents are returning to states like
New York in favor of stricter gun laws, fewer restrictions
on abortions and greater acceptance of LGBTQ rights.
Many Americans are moving
because of political differences
and gun control issues, among
other reasons. As opinions get
more divided and laws change,
some folks want to live in
places that match their beliefs, Ron Resha, Real estate agent with Coldwell Banker Realty, via 'Newsweek'.
Many Americans are moving
because of political differences
and gun control issues, among
other reasons. As opinions get
more divided and laws change,
some folks want to live in
places that match their beliefs, Ron Resha, Real estate agent with Coldwell Banker Realty, via 'Newsweek'.
Ron Resha, a real estate agent with Coldwell Banker
Realty, points out that politically motivated
migration could impact the 2024 presidential election. .
People are looking for places
that make them feel secure
and comfortable, and this
could affect the upcoming
political election depending
on party preferences, Ron Resha, a real estate agent with Coldwell Banker Realty, via 'Newsweek'.
People are looking for places
that make them feel secure
and comfortable, and this
could affect the upcoming
political election depending
on party preferences, Ron Resha, a real estate agent with Coldwell Banker Realty, via 'Newsweek'
Credit: Wibbitz Top Stories Duration: 01:31Published