The wealthy have strong ideas about their ideal home and whom they want to work with
By Gill South | inman
Roll out the red carpet (but only neutrals in the living room, please). America’s ultra-wealthy are becoming more numerous, and a quarter of them plan to snatch up more real estate in the next three years, according to a new report from Luxury Portfolio International.
Released Thursday, the research conducted in partnership with YouGov shows the ranks of the super rich (with $50 million or more in net worth) have soared to new heights, with an estimated 123,838 individuals at this level, an increase of 53 percent in just five years.
What’s more, half of the world’s ultra-wealthy live in North America, while close to 20 percent are planning to sell.
