This article originally appeared on Business informant.
There are an estimated 770 billionaires living within the United States latest report on the world’s richest cities from the London consulting company Henley & Partners.
There are only just a few cities they like to call home — or no less than park their private jets once they’re on the town.
Three of the highest 4 billionaire hubs on the planet are classic American destinations for the super-wealthy: New York, Los Angeles and the Bay Area, which incorporates neighboring tech hubs of San Francisco and Silicon Valley. Nearly 163 billionaires live in these three hot spots alone.
However, a few of America’s wealthiest people select quieter cities as their bases.
Comparatively smaller Seattle, Washington boasts 10 billionaire residents, while Boston, Massachusetts has eight.
AND one among America’s fastest growing cities Austin, Texas has develop into a comparatively latest billionaire hotspot with a population of nine. Henley & Partners said “no state income tax and lots of space” make the Texas capital a first-rate travel destination, especially with tech titans like Elon Musk attacks the town.
Check out the complete list of U.S. cities with essentially the most billionaires.
9. Boston, Massachusetts
Boston, Massachusetts. DenisTangneyJr/Getty Images
The CEO of biotech and vaccines giant Moderna, Stéphane Bancel, and the founding father of online furniture company Wayfair, Niraj Shah, live in Beantown, in line with Boston magazine.
Population: 675647
Number of Billionaires: 8
Number of rich individuals with assets over $1 million: 41700
Growth of millionaires and billionaires between 2012 and 2022: 50%
8. Austin, Texas
Austin, Texas. dszc/Getty Images
Electric automotive billionaire Elon Musk, who recently moved to the Texas capital, said on a podcast that his latest hometown could be “the biggest booming city America has seen in 50 years.“
Population: 961 855
Number of Billionaires: 9
Number of rich individuals with assets over $1 million: 30,500
Growth of millionaires and billionaires between 2012 and 2022: 102%
7. Seattle, Washington
Seattle, Washington. Seana Pavone/Getty Images
CEO of Starbucks Howard Schultz he calls “The Rainy City” home.
Population: 737 015
Number of Billionaires: 10
Number of rich individuals with assets over $1 million: 50,500
Growth of millionaires and billionaires between 2012 and 2022: 68%
6. Miami, Florida
Miami Beach at night. Buena Vista Images
During the COVID-19 pandemic Florida as a complete – I Miami particularly – lured funds AND technique elites against worse weather and better taxes in northern cities. Take billionaire and hedge fund Ken Griffin who has moved Himself AND his hedge fund Citadel to Magic City from Chicago.
Population: 442241
Number of Billionaires: 12
Number of rich individuals with assets over $1 million: 38,000
Growth of millionaires and billionaires between 2012 and 2022: 75%
5. Houston, Texas
Houston, Texas. Justin Sullivan/Getty Images
Houston’s billionaire scene is dominated by individuals with fortunes backed by oil and pipeline firms, including Jeffery Hildebrand and Richard Kinder, in line with Houston ABC affiliate.
Population: 2304580
Number of Billionaires: 20
Number of rich individuals with assets over $1 million: 98,500
Growth of millionaires and billionaires between 2012 and 2022: 65%
4. Chicago, Illinois
A cyclist rides near Lake Michigan with the Chicago skyline within the background. Beata Zawrzel/Getty Images
Hyatt Hotels CEO Thomas J. Pritzker and grandson of Walmart founder Lukas Walton call Windy City home, in line with Chicago TV station WGN.
Population: 2 746 388
Number of Billionaires: 24
Number of rich individuals with assets over $1 million: 124,000
Growth of millionaires and billionaires between 2012 and 2022: 24%
3. Los Angeles, California
Downtown Los Angeles skyline. Halbergman/Getty Images
California is home to essentially the most billionaires – not only within the US, but on the planet, in line with Forbes. Los Angeles particularly is a hot spot. Some billionaires have names that light up Hollywood tents like director Steven Spielberg. Others prefer to fly under the radar, as In-N-Out’s single heiress Lyndsi Snyder.
Population: 10 014 009
Number of Billionaires: 42
Number of rich individuals with assets over $1 million: 205,400
Growth of millionaires and billionaires between 2012 and 2022: 35%
2. New York
Manhattan skyline with One World Trade Center in the middle. Getty Images
Former mayor and former presidential candidate Michael Bloomberg and Blackstone CEO Stephen Schwartzman are two well-known New York billionaires.
Population: 8804190
Number of Billionaires: 58
Number of rich individuals with assets over $1 million: 340,000
Growth of millionaires and billionaires between 2012 and 2022: 40%
1. Bay Area, which consists of San Francisco and Silicon Valley
San Francisco downtown skyline. Alexander Spatari/Getty Images
The explosion of technology has made San Francisco and the nearby Silicon Valley the biggest concentration of billionaires within the US and the world. goal Mark Zuckerbergalphabet Larry Pageand Airbnb Brian Chesky everyone calls this region home.
Population: 7.7 million, in line with the San Francisco Chronicle
Number of Billionaires: 63
Number of rich individuals with assets over $1 million: 285 thousand
Growth of millionaires and billionaires between 2012 and 2022: 68%
All population data is from the US Census 2020 unless otherwise noted.
