New York Is The Center For Global Wealth

Midtown Manhattan

Mansion Global reports, “the city is still home to 7,743 ultra-high-net-worth individuals (defined as those with a net worth of $30 million and above), more than any other city in the world. Overseas buyers accounted for 15% of the city’s sales in 2020, a number that’s expected to increase in 2021 as travel restrictions are loosened. At the city’s high point for international investment in 2014, foreign buyers accounted for 30% of sales.”