Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.
The states that are home to the wealthiest residents
The states that are home to the wealthiest residents
Megan WillettMar 24, 2015, 23:35 IST
In a new report on wealth in America, wealth intelligence firm Wealth-X revealed that California has more super-wealthy residents than New York.California now has 13,445 people who are worth more than $30 million, while New York has only 9,530. Texas (6,475) and Florida (4,650) followed in third and fourth place.However, when it came to cities, New York City has the largest amount of high net worth individuals in the United States with a population of 8,655. It was followed distantly by San Francisco with 5,460 and Los Angeles with 5,135.Another interesting tidbit from the report was that the Dakotas saw a significant increase in their millionaire and billionaire population from 2013. The population of people earning more than $30 million swelled by 14.3% in North Dakota and 13.3% in South Dakota - the largest and second largest increase in the country, respectively.Though Wealth-X said these numbers were fairly small - a rise in 10 ultra net worth individuals for North Dakota and 20 for South Dakota - it could mean that existing businesses are becoming increasingly profitable.In total, the US is home to 69,560 people who are worth more than $30 million with a total combined wealth of $9.63 billion.America also has the largest population of these high net worth individuals in the world. For instance, there are more people worth over $30 million in California alone than there are in the entire United Kingdom, according to Wealth-X.
