Newsletters
Real Estate
Hannah Towey and Jordan Hart
2023-04-23T09:15:00Z
- Over 700 "centi-millionaires" live in Miami and The Hamptons during peak holiday months.
- That's according to Henley & Partners' latest report measuring the world's wealthiest cities.
- From South Africa to Italy, see 27 places around the world attracting affluent seasonal residents.
NEW LOOK
Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview
Thanks for signing up!
Access your favorite topics in a personalized feed while you're on the go.
Advertisem*nt
During peak holiday months, coastal and mountain towns around the world are flooded with hundreds of wealthy residents who own second homes.
There's no better example than The Hamptons, a collection of seaside villages popular among affluent New Yorkers.
Year-round, the community is home to 25 residents worth more than $100 million each. Come summertime, that number skyrockets to over 700, according to the latest wealth report from London-based consulting firm Henley & Partners.
In its report, the consulting firm also found that there are now 9,630 "centi-millionaires" living in the United States.
Advertisem*nt
Using data from global intelligence firm New World Wealth, the report ranks 27 seasonal hotspots worldwide with the most "centi-millionaire" residents, defined as individuals with investable wealth of $100 million or more.
The data compares the number of primary residents to seasonal homeowners during peak holiday months, which varies by location.
From beach towns in California and Portugal to mountain retreats in Switzerland and Colorado, these are the world's top 27 seasonal destinations where millionaires are snapping up second homes.
Advertisem*nt
1. Miami, Florida
Number of primary centi-millionaire residents: 160
Number of centi-millionaire residents during peak holiday months: 800+
Advertisem*nt
2. The Hamptons, New York
Number of primary centi-millionaire residents:25
Number of centi-millionaire residents during peak holiday months:700+
Advertisem*nt
3. West Palm Beach, Florida
Number of primary centi-millionaire residents:64
Number of centi-millionaire residents during peak holiday months:400+
Advertisem*nt
4. Paris, France
Number of primary centi-millionaire residents: 126
Number of centi-millionaire residents during peak holiday months: 300+
Advertisem*nt
5. Santa Barbara & Montecito, California
Number of primary centi-millionaire residents:82
Number of centi-millionaire residents during peak holiday months: 200+
Advertisem*nt
6. San Diego, California
Number of primary centi-millionaire residents:70
Number of centi-millionaire residents during peak holiday months:200+
Advertisem*nt
7. Nice, France
Number of primary centi-millionaire residents:60
Number of centi-millionaire residents during peak holiday months:200+
Advertisem*nt
8. Napa, California
Number of primary centi-millionaire residents: 28
Number of centi-millionaire residents during peak holiday months: 200+
Advertisem*nt
9. Golden Triangle (Algarve), Portugal
Number of primary centi-millionaire residents:20
Number of centi-millionaire residents during peak holiday months:200+
Advertisem*nt
10. Aspen, Colorado
Number of primary centi-millionaire residents:6
Number of centi-millionaire residents during peak holiday months:200+
Advertisem*nt
11. Carmel-by-the-Sea, California
Number of primary centi-millionaire residents:40
Number of centi-millionaire residents during peak holiday months: 150+
Advertisem*nt
12. Boca Raton, Florida
Number of primary centi-millionaire residents:38
Number of centi-millionaire residents during peak holiday months:150+
Advertisem*nt
13. Lisbon, Portugal
Number of primary centi-millionaire residents:35
Number of centi-millionaire residents during peak holiday months:150+
Advertisem*nt
14. Lugano, Switzerland
Number of primary centi-millionaire residents:30
Number of centi-millionaire residents during peak holiday months:150+
Advertisem*nt
15. Cannes, France
Number of primary centi-millionaire residents:20
Number of centi-millionaire residents during peak holiday months:150+
Advertisem*nt
16. Antibes, France
Number of primary centi-millionaire residents:18
Number of centi-millionaire residents during peak holiday months:150+
Advertisem*nt
17. Jackson Hole, Wyoming
Number of primary centi-millionaire residents:10
Number of centi-millionaire residents during peak holiday months:150+
Advertisem*nt
18. Cape Town, South Africa
Number of primary centi-millionaire residents:26
Number of centi-millionaire residents during peak holiday months:100+
Advertisem*nt
19. Naples, Florida
Number of primary centi-millionaire residents:24
Number of centi-millionaire residents during peak holiday months:100+
Advertisem*nt
20. Lake Como, Italy
Number of primary centi-millionaire residents:15
Number of centi-millionaire residents during peak holiday months:100+
Advertisem*nt
21. Villefranche-sur-Mer, France
Number of primary centi-millionaire residents:14
Number of centi-millionaire residents during peak holiday months:100+
Advertisem*nt
22. Saint-Jean-Cap-Ferrat, France
Number of primary centi-millionaire residents:12
Number of centi-millionaire residents during peak holiday months:100+
Advertisem*nt
23. Saint Tropez, France
Number of primary centi-millionaire residents:11
Number of centi-millionaire residents during peak holiday months:100+
Advertisem*nt
24. Sanremo, Italy
Number of primary centi-millionaire residents:8
Number of centi-millionaire residents during peak holiday months:100+
Advertisem*nt
25. Park City, Utah
Number of primary centi-millionaire residents:8
Number of centi-millionaire residents during peak holiday months:100+
Advertisem*nt
26. Porto Cervo, Italy
Number of primary centi-millionaire residents:6
Number of centi-millionaire residents during peak holiday months:100+
Advertisem*nt
27. Vail, Colorado
Number of primary centi-millionaire residents:3
Number of centi-millionaire residents during peak holiday months:100+
Read next
Advertisem*nt
