New York is home to 6% of the population of the U.S., but counts 13% of ultra-high-net-worth individuals among its residents, according to research by Wealth-X, a global wealth intelligence, due diligence and prospecting firm.
The Wealth-X study, released Tuesday, ranks the top 10 U.S. metropolitan areas by number of individual residents worth at least $30 million when accounting for shares in public and private companies, residential and investment properties, art collections, planes, cash and other investible assets.
With 7,720 UHNW individuals, the New York metropolitan area population far outpaces runner-up Los Angeles, which has 4,350 UHNW residents. San Francisco, Chicago, Washington, D.C., Houston and Dallas follow. Atlanta, Boston and Seattle, each with fewer than a thousand UNHW residents, round out the top 10.
All told, the U.S. is home to 57,860 ultra-wealthy individuals.