Where do the most millionaires live in the USA?

The most millionaires in the USA live in New York City, followed by the Bay Area (San Francisco/Silicon Valley) and Los Angeles, with these cities consistently ranking highest in total number of high-net-worth individuals, according to reports from Henley & Partners. By state, California has the most millionaire households overall, followed by Texas, New York, and Florida.

Where do most US millionaires live?

New York City historically has one of the largest concentrations of wealth, with 349,500 millionaires. When adjusted for population, that number is 1 in every 24 people in the city. The U.K. wealth firm, Henley & Partners analyzed data from New World Wealth to produce its United States Wealth Report.

What is the wealthiest neighborhood in the USA?

New York: Scarsdale.

This famous New York suburb boasts an average household income of $601,193, as of 2023. The average Scarsdale home is worth $1.6 million, as of June 2025. It's the wealthiest suburb in America.

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.

Where America’s Richest People Live 2024

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.

Where is the wealthiest town in America?

While definitions vary (income vs. home value), Atherton, California, is often cited as the richest town due to extremely high home values and tech wealth, but Scarsdale, New York, frequently tops lists for average household income, showing immense wealth in different forms. Other contenders include McLean, VA, Los Altos Hills, CA, and Darien, CT, reflecting wealth concentrated in tech/finance hubs and affluent NYC suburbs. 

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.
 

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. 

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.
 

What is the nicest neighborhood in the USA?

Top 10 Most Popular Neighborhoods in America

1. Woodmont – Milford, CT. ...
2. Beverly Crest – Los Angeles, CA. ...
3. Mt. ...
4. Wild Dunes – Isle of Palms, SC. ...
5. Aberdeen – Boynton Beach, FL. ...
6. Lake Ridge – Cedar Hill, TX. ...
7. Preston Hollow – Dallas, TX. ...
8. North Central Billings – Billings, MT.

What is America's wealthiest suburb?

The richest suburb in America, consistently topping recent lists from sources like GOBankingRates and USA Today, is Scarsdale, New York, known for its top schools, beautiful homes (averaging over $1M), and proximity to NYC, boasting average household incomes exceeding $600,000 in 2023. Other highly affluent areas include California suburbs like Los Altos and Orinda, and Texas communities like University Park, showcasing East Coast/West Coast/Texas dominance in wealth concentration.
 

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.

What do 90% of millionaires do?

The famed wealthy entrepreneur Andrew Carnegie famously said more than a century ago, “Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined.

What are the five richest cities in the USA?

By weighing these factors together, the 2025 list reveals not just where the wealthiest people live, but where economic influence and opportunity are most heavily concentrated.

• Dallas, Texas. ...
• Houston, Texas. ...
• Chicago, Illinois. ...
• Los Angeles, California. ...
• San Francisco Bay Area, California. ...
• New York City, New York.

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. 

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. 

What is the #1 most expensive city in the US?

The income you need to live comfortably in the 10 most expensive U.S. cities—it's over $200,000 in No. 1

• San Diego. ...
• Los Angeles. ...
• New York City. ...
• Long Beach, California. ...
• Seattle, Washington. ...
• Boston. ...
• Oakland, California. Average single-family home value: $797,148. ...
• Washington, D.C. Average single-family home value: $749,377.

What is the richest neighborhood in the USA?

There isn't one single "richest neighborhood," as it depends on metrics like income or home value, but Atherton, California, often cited for its extreme wealth with average home values around $8 million and proximity to Silicon Valley tech giants, and Scarsdale, New York, a top contender for wealthiest suburb by income and home value, consistently rank among the wealthiest areas in the U.S. Other contenders include Greenwich's "Golden Triangle" in Connecticut and high-income suburbs like Rye, NY, and West University Place, TX. 

What is America's wealthiest county?

The richest county in America by median household income is consistently Loudoun County, Virginia, often followed by California's Silicon Valley counties like Santa Clara and San Mateo, with incomes well over $170,000, reflecting high-tech wealth near Washington D.C. and in the Bay Area. These rankings, typically using data from sources like the U.S. Census, highlight suburban areas with high-earning professionals.
 

Is Oprah wealthier than Trump?

(In October 2017, Forbes estimated Winfrey's net worth was $3 billion and Trump's net worth was $3.1 billion.) Trump, who has loudly touted his net worth over the years, claimed to be worth more than $10 billion in a personal disclosure form filed during the 2016 presidential campaign.

How do billionaires avoid taxes?

Billionaires avoid these taxes by taking out special ultra-low-interest loans available only to them and using their assets as collateral. This income works just like any other kind of income, allowing ultrawealthy to purchase homes, yachts, or even, Twitter.

Who is the richest family in America?

The Walton family, heirs to the Walmart fortune, is the richest family in America, with their wealth estimated in the hundreds of billions of dollars (around $225-$289 billion recently), far exceeding other dynastic families like the Mars family (candy/pet food) and the Koch family (energy/Koch Industries). Their immense wealth stems from their substantial ownership of Walmart stock, making them the wealthiest family in the U.S. and arguably the world.