In 2025, the U.S. is projected to experience a remarkable influx of 7,500 millionaires, bringing total wealth of $43.7 billion, as detailed in the Henley Private Wealth Migration Report. This movement occurs despite economic instability tied to President Trump's policies and America's military actions. The U.S. ranks second as a wealth haven, following the UAE. Notably, the U.K. records a massive outflow of millionaires. Florida and Silicon Valley are primary destinations for these affluent newcomers, reflecting changing migration patterns and economic opportunities within the U.S.
A strong inward flow of millionaires creates a positive, self-reinforcing loop, as America is home to the largest, deepest capital market and is attractive to the wealthy.
The U.K. is facing the largest single-year exodus of millionaires ever recorded, with an outflow of 16,500 high net worth individuals holding an estimated $89 billion.
Florida emerges as a popular new home for millionaires, especially those migrating from Brazil and Colombia, amplifying the diversity of wealth distribution in the U.S.
Despite various challenges, the U.S. is projected to see a net influx of 7,500 millionaires in 2025, with a cumulative wealth of $43.7 billion.
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