Where the Ultra-Rich Spend Their Holidays
There are more than 25,000 centi-millionaires around the world today, forming an elite club composed primarily of founders and heirs of family fortunes.
According to Henley & Partners, most of these individuals – who have more than $100 million in investable assets by definition – split their time between several properties each year.
To explore the destinations that are the most sought-after by the ultra-wealthy, Visual Capitalists Selin Oğuz and Christina Kostandi visualized the cities that saw the biggest influx of seasonal centi-millionaire residents in 2022, using data from Henley & Partners.
The top three seasonal vacation hotspots of the ultra-rich are found in the United States: Miami, the Hamptons, and Florida’s West Palm Beach.
This may not come as a shock given the concentration of centi-millionaires in the United States, with New York, the San Francisco Bay Area, and Los Angeles being home to the highest number of centi-millionaire residents in the world.
Regardless of where they live year-round, the table below reveals where these elites flock for seasonal getaways in their secondary homes.
| Rank | City or Town | Year-Round Centi-Millionaire Residents, 2022 | Peak Holiday Month Centi-Millionaire Residents, 2022 |
|---|---|---|---|
| 1 | 🇺🇸 Miami, Florida | 160 | 800 |
| 2 | 🇺🇸 The Hamptons, New York | 25 | 700 |
| 3 | 🇺🇸 West Palm Beach, Florida | 64 | 400 |
| 4 | 🇫🇷 Paris, France | 126 | 300 |
| 5 | 🇺🇸 Santa Barbara & Montecito, California | 82 | 200 |
| 6 | 🇺🇸 San Diego, California | 70 | 200 |
| 7 | 🇫🇷 Nice, France | 60 | 200 |
| 8 | 🇺🇸 Napa, California | 28 | 200 |
| 9 | 🇵🇹 Golden Triangle, Algarve, Portugal | 20 | 200 |
| 10 | 🇺🇸 Aspen, Colorado | 6 | 200 |
| 11 | 🇺🇸 Carmel-by-the-Sea, California | 40 | 150 |
| 12 | 🇺🇸 Boca Raton, Florida | 38 | 150 |
| 13 | 🇵🇹 Lisbon, Portugal | 35 | 150 |
| 14 | 🇨🇭 Lugano, Switzerland | 30 | 150 |
| 15 | 🇫🇷 Cannes, France | 20 | 150 |
| 16 | 🇫🇷 Antibes, France | 18 | 150 |
| 17 | 🇺🇸 Jackson Hole, Wyoming | 10 | 150 |
Beyond the 10 U.S. cities that constitute the top 17 centi-millionaire seasonal hotspots, we come across several French cities on the list, including Paris, Nice, Cannes, and Antibes, as well as Portugal’s Golden Triangle and Lisbon.
