The world's super rich have amassed homes worth more than $3TRILLION

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This picture shows developments under construction in New York City. These developments are aimed for exactly at the ultra-high net worth individuals. New York has already the highest number of homes owned by the super-rich.

This article is called The world's super rich have amassed homes worth more than $3TRILLION. It was written by Oliver O’Connell and appeared on the Mail Online website. It was published on Monday, February 5, 2015.  This article discusses about the world's super rich owning more than $3 trillion in owner-occupied residential property according to consultancy Wealth-X and Sotheby's. Owners who have ultra-high net worth, 80% of them own two or more homes for personal use. The top three countries for ultra-wealthy home buyers are US, UK and Switzerland. The 3 cities: New York, London and Hong Kong lead the top ten cities that the super-rich buy in followed by Los Angeles and San Francisco.

Reference:

O'Connell, O. (2015). The world's super rich have amassed homes worth more than $3TRILLION. Retrieved from Mail Online : http://www.dailymail.co.uk/news/article-2940584/The-world-s-super-rich-homes-worth-GDP-UK-France-TWICE-India.htm




 
 



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