A new report from Wealth Intelligence Altrata shows that Florida, Tixas and Utah is to face the fastest growth in high -value individuals over the next five years. The results shed light on a widespread shift in the American wealth map.
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Florida leads the package, with its SUPERRICH population to grow by 8.8 % annually until 2030. Utah, which he provides in the business services sector to expand in the Sulti Lake City and a place as a luxury winter sports center, is close to growth 8.1 %. Texas, backed by loose technology industry in Austin and Houston’s energy wealth, escalates in the first three places with 7.9 % growth.
America’s wealth is south and west
While traditional centers such as New York and Los Angeles still dominate the absolute numbers, 21,380 are heading of the superior population in New York City and 11680 in Los Angeles, an increasing share of wealth heading south and west. The Altrata report was martyred with low taxes, warmer climates, and the expansion of financing and technology groups, as these countries help attract both the new wealth and families moved from the centers of the oldest influence.
Florida and Texas have seen, in particular, a flow of wealthy individuals and companies in recent years. The Sunshine State has emerged as a magnet for the hedge fund managers and encryption investors alike, while Miami has established herself as a luxurious real estate force. Texas also attracted high -level names: ELON Musk moved the headquarters of Tesla from California to Austin in 2021, followed by other executives who are eager to escape from the costs of the Supreme West Coast.
California is still leading the package – now
California is still the largest state of the superb material with a wide margin, with a population of about 30 % of Texas. The Altrata report indicates that while California is still expected to see a “steady” growth in super numbers until 2030 and the American state, which includes the largest number of population of millionaires, remains largely, Florida, Utah and Texas will be expanding faster.
Source: Indexbox Market Intelligence
