If earning a $100,000 salary goes further in Houston than in most major American cities, imagine how far $30 million in Houston can go.
tracks the number of 'ultra-wealthy' residents living in cities across the world. The report defines a resident who is ultra wealthy as someone with at least a net worth of $30 million.
According to the report, the United States is home to the most ultra-wealthy individuals listed in the top 20 cities. Houston is ranked 15th on the list, with 4,420 ultra-wealthy individuals with a primary residence or a secondary home in the city.Even though the world is rapidly changing, the,"'significance of 'home' for the wealthy — as a haven for family, a place of work or a vacation escape for personal wellbeing — remains as strong as ever," the report reads.report.
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