Despite ongoing economic challenges, a report from Henley & Partners and New World Wealth highlights significant growth in wealthy populations in American cities. The U.S. houses over 6 million high-net-worth individuals, dominating global wealth statistics. Notably, 3,800 affluent individuals migrated to the U.S. in 2024, while going abroad for residence options has surged by 183%, illustrating a paradox of domestic wealth creation versus international movement. Chief economist Jean Paul Fabri emphasizes the U.S. as the premier destination for wealth growth amidst these trends.
According to a new report on the wealthiest cities in the US, the number of millionaires grew in at least 10 cities over the last decade.
The report reveals that the US is home to over 6 million high-net-worth individuals, holding 34% of global liquid wealth and 37% of the world's millionaires.
Jean Paul Fabri notes, 'The USA remains the world's best place to create and grow wealth, even if some opt to move elsewhere to diversify their assets.'
There has been a significant rise in US citizens exploring citizenship programs abroad, with inquiries increasing by 183% from 2024 to 2025.
#wealth-inequality #high-net-worth-individuals #global-investment #economic-mobility #us-wealth-trends
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