Where do America's richest live?

America's wealthiest individuals primarily reside in California, New York, Florida, and Texas, with major hubs in the Bay Area, NYC (Billionaires' Row), Miami, and Austin, often in exclusive enclaves like Atherton, CA, or Palm Beach, FL, though some prefer lower-profile spots like Cashiers, NC.

Where do the wealthiest Americans live?

New York City, New York. New York remains unmatched as the wealthiest city in America in 2025. As the country's financial capital, it houses more millionaires and billionaires than any other U.S. city.

Which is the richest area in America?

List of Top 10 Richest Persons in the World

• Elon Musk. Net Worth (as on 10 December 2025): $491B. ...
• Larry Ellison. Net Worth (as on 10 December 2025): $274.5B. ...
• Larry Page. Net Worth (as on 10 December 2025): $260.1B. ...
• Sergey Brin. ...
• Jeff Bezos. ...
• Mark Zuckerberg. ...
• Bernard Arnault and Family. ...
• Jensen Huang.

Who owns 90% of America's wealth?

The top 10% own 87.2%, and the bottom half owned 1.1%. Corporate equities and real estate facilitated the accumulation of wealth for baby boomers. In 2024, the Silent Generation and baby boomers represented 25% of the population, but held 65% of all wealth in the US.

What city in the US has the most billionaires?

Key Takeaways

New York leads the world by a wide margin, home to more than 100 billionaires.

Where America’s Richest People Live 2024

What are the five richest cities in the USA?

Diversify Beyond Borders, Think Globally

• What Do All These Cities Have in Common?
• Methodology for Ranking the Wealthiest Cities.
• Richest Cities in U.S. (According to GDP, Number of HNWI & Median Income)
• New York City, New York.
• San Francisco, California.
• Los Angeles, California.
• Chicago, Illinois.
• Houston, Texas.

What state has no billionaires?

As of 2024, there are 756 billionaires living in 43 of the 50 US states or Washington, D.C. The only states with no billionaire residents are Alaska, Delaware, New Hampshire, New Mexico, North Dakota, and West Virginia.

Who will be the 1st trillionaire?

While no one is a trillionaire yet, Elon Musk is widely projected to be the first, potentially by 2027, driven by his stakes in Tesla, SpaceX, and X, with some forecasts suggesting SpaceX's potential IPO could significantly accelerate this. Jeff Bezos and Jensen Huang (Nvidia) are also in contention, but Musk's diverse and rapidly growing ventures place him at the forefront, with a major Tesla pay package potentially adding to his net worth, notes PBS News and Yahoo Finance.
 

How many Americans have $2 million in the bank?

Only about 1.8% of U.S. households have $2 million or more in retirement savings, a figure from the Employee Benefit Research Institute (EBRI) using Federal Reserve data (2022 Survey of Consumer Finances). This places them in a very small minority, with even fewer (0.8%) reaching $3 million in retirement funds, highlighting that significant wealth accumulation for retirement is rare for most Americans. 

Where does Trump rank in wealth?

(In 2018, this was 766th in the world, 248th in the U.S. In 2019, this was 715th in the world, 259th in the U.S.) Bloomberg Billionaires Index listed Trump's net worth as $2.48 billion on May 31, 2018, and Wealth-X listed it as at least $3.8 billion on July 16, 2018.

Who is the richest girl?

The richest girl (woman) in the world is typically Alice Walton, daughter of Walmart founder Sam Walton, with a net worth often exceeding $100 billion, followed closely by French heiress Françoise Bettencourt Meyers (L'Oréal) and American heiress Julia Koch (Koch Industries), though rankings shift with market changes. Alice Walton inherits her wealth from the retail giant, while Bettencourt Meyers and Koch's fortunes come from cosmetics and industrial manufacturing, respectively. 

Where does Elon Musk live?

Elon Musk primarily lives in Texas, near his SpaceX facilities in the Austin area and South Texas, having sold most of his other properties, though he famously lived in a small, modular home for a time, embracing a less extravagant lifestyle. While he's known for unconventional living arrangements, his focus has shifted to Texas for both business and personal life, away from his previous California base. 

Is Taylor Swift or Kim Kardashian richer?

As of late 2025 reports, Kim Kardashian is generally considered richer than Taylor Swift, with Forbes valuing Kardashian around $1.7-$1.9 billion primarily from her SKIMS business, slightly ahead of Swift's $1.6 billion, largely from her music empire and Eras Tour. While Taylor Swift is the wealthiest female musician, Kim's successful ventures like SKIMS and SKKN By Kim have propelled her net worth past Swift's, making her richer overall, say Yahoo, Fox News, and 93.3 The Beat. 

Where do extremely rich people live?

Here are the report's top 10 cities with the highest populations of ultra-wealthy people:

• New York. Number of ultra-wealthy people: 21,380. ...
• Hong Kong. Number of ultra-wealthy people: 17,215. ...
• Los Angeles. Number of ultra-wealthy people: 11,680. ...
• San Francisco. Number of ultra-wealthy people: 8,270. ...
• Chicago. ...
• Tokyo. ...
• London. ...
• Dallas.

Who is the wealthiest family in the USA?

The Walton family, heirs to the Walmart fortune, are consistently ranked as the richest family in America, with their wealth primarily stemming from their significant ownership of the global retail giant. While exact figures vary by source and year, their fortune is estimated in the hundreds of billions, far exceeding other wealthy families like the Mars (candy, pet food) or Koch (energy, manufacturing) families, who also rank high on lists of America's wealthiest dynasties.
 

Where are American millionaires moving to?

Australia. Australia is consistently a top new country for high-net-worth individuals. In 2023, it attracted around 5,200 new millionaires. The country's appeal lies in its political stability, high standard of living, and world-class healthcare and education systems.

How many Americans have $500,000 in their 401k?

Believe it or not, data from the 2022 Survey of Consumer Finances indicates that only 9% of American households have managed to save $500,000 or more for their retirement. This means less than one in ten families have achieved this financial goal.

At what net worth are you considered wealthy?

Being considered wealthy varies, but Americans often cite a net worth around $2.2 to $2.5 million as the benchmark for being wealthy, though this changes by location and age, with some viewing $1 million in investable assets or being in the top 10% ($1.9M+) as wealthy, while the top 1% starts at over $13 million. Financial comfort is lower (around $778k), but "wealth" implies financial freedom, security, and control, not just a high income. 

Who is actually the richest person in the world?

As of early January 2026, Elon Musk is widely considered the richest person in the world, consistently topping lists from Forbes and Bloomberg, with net worth estimates around $600 billion or more, primarily from Tesla and SpaceX, followed closely by tech leaders like Larry Page (Google/Alphabet) and Jeff Bezos (Amazon). Wealth fluctuates, but Musk has maintained the top spot due to significant gains in AI and tech stocks.
 

How rich would Rockefeller be today?

John D. Rockefeller's wealth, if alive today, varies significantly by calculation, ranging from roughly $30-$50 billion (inflation-adjusted) to over $400-$600 billion (economic share), with some estimates placing him as the wealthiest person ever, controlling a larger slice of the U.S. economy (around 1.5%) than even Jeff Bezos or Elon Musk, whose fortunes are massive but represent a smaller national share, according to sources from Britannica, Guinness World Records, Bloomberg, and Business Insider. 

Who has 400 billion dollars?

As of late 2025/early 2026, Elon Musk is the primary individual who has reached and surpassed $400 billion in net worth, becoming the first person to do so, primarily due to his stakes in Tesla, SpaceX, and xAI. While figures fluctuate, Musk's wealth has seen significant spikes, notably in late 2024 and early 2025, making him the wealthiest person globally, though others like Larry Ellison and Mark Zuckerberg also hold hundreds of billions, they typically rank below Musk.
 

How do US billionaires avoid paying taxes?

Billionaires often employ the “buy, borrow, die” strategy to avoid income and capital gains taxes. First, they acquire appreciating assets like stocks or real estate. Instead of selling these assets when they need cash (which would trigger capital gains tax), they borrow against them at favorable interest rates.

What city is full of billionaires?

Billionaire cities are major global urban centers where the wealthiest individuals reside, with New York City consistently leading as the top city with the most billionaires, followed by major financial hubs like London, Hong Kong, Beijing, and Mumbai, according to reports from Forbes and Hurun Research Institute in 2025. These cities attract the super-rich due to strong financial sectors, real estate, corporate presence, and significant wealth concentration, though some Chinese cities have seen recent declines due to economic shifts.
 

Who is Kentucky's only billionaire?

Tamara Gustavson, the multi-billionaire business executive and horse breeder. She owns Lexington's Spendthrift Farm, home to 10 Kentucky Derby winners. On this year's list, Forbes puts Gustavson's net worth at $8.5 billion.