The United States is the richest, and most unequal, country in the world. And the money keeps rolling in, according to Capgemini’s new U.S. Wealth Report 2015
Wealth of high net worth individuals (HNWIs)–those with at least $1 million in investible assets–rose more than $1 trillion between 2013 and 2014, the report finds. That represents a growth of 9.4% to a total of $15.2 trillion. There were also more HNWIs than ever, with the total reaching 4.4 million, which was an 8.6% jump between 2013 and 2014. So where do you find America’s wealthiest? Where are they living?
Most —roughly two-thirds—are residing in one of the 12 following metro-area cities. (Update: this story has been updated to clarify that this report looked at metropolitan areas. Each city listed below includes the metro area.)
1. New York (metro area)
Number of wealthy residents: 963,100
Percent growth from 2013 to 2014: 7.7%
Total wealth: $3.5 trillion
Percent growth from 2013 to 2014: 8.8%
2. Los Angeles (metro area)
Number of wealthy residents: 364,200
Percent growth from 2013 to 2014: 10.4%
Total wealth: $1.3 trillion
Percent growth from 2013 to 2014: 11.5%
3. Chicago (metro area)
Number of wealthy residents: 282,000
Percent growth from 2013 to 2014: 6.7%
Total wealth: $1.2 trillion
Percent growth from 2013 to 2014: 7.8%
4. Washington, D.C. (metro area)
Number of wealthy residents: 236,100
Percent growth from 2013 to 2014: 7.0%
Total wealth: $957.3 billion
Percent growth from 2013 to 2014: 8.1%
5. San Francisco (metro area)
Number of wealthy residents: 221,600
Percent growth from 2013 to 2014: 11.2%
Total wealth: $794.3 billion
Percent growth from 2013 to 2014: 12.3%
6. Boston (metro area)
Number of wealthy residents: 162,000
Percent growth from 2013 to 2014: 9.7%
Total wealth: $618.4 billion
Percent growth from 2013 to 2014: 10.8%
7. Houston (metro area)
Number of wealthy residents: 149,700
Percent growth from 2013 to 2014: 14%
Total wealth: $571.6 billion
Percent growth from 2013 to 2014: 15.2%
8. Philadelphia (metro area)
Number of wealthy residents: 146,400
Percent growth from 2013 to 2014: 7.9%
Total wealth: $599.5 billion
Percent growth from 2013 to 2014: 9.0%
9. San Jose (metro area)
Number of wealthy residents: 136,400
Percent growth from 2013 to 2014: 11.4%
Total wealth: $505.4 billion
Percent growth from 2013 to 2014: 12.5%
10. Dallas (metro area)
Number of wealthy residents: 126,000
Percent growth from 2013 to 2014: 11.2%
Total wealth: $513.1 billion
Percent growth from 2013 to 2014: 12.4%
11. Detroit (metro area)
Number of wealthy residents: 116,200
Percent growth from 2013 to 2014: 7.4%
Total wealth: $468 billion
Percent growth from 2013 to 2014: 8.5%
12. Seattle (metro area)
Number of wealthy residents: 98,500
Percent growth from 2013 to 2014: 12.1%
Total wealth: $348.0 billion
Percent growth from 2013 to 2014: 13.3%
