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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

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1

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

2

Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

3

Mamdani’s pied-à-terre tax was designed to hit the wealthy, but it’s sending most New Yorkers to their estate lawyers
MagazineWealth

The world’s ultra-rich ‘centimillionaires’ are most likely to live in these 50 cities

By
Nicolas Rapp
Nicolas Rapp
and
Matthew Heimer
Matthew Heimer
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By
Nicolas Rapp
Nicolas Rapp
and
Matthew Heimer
Matthew Heimer
Down Arrow Button Icon
February 5, 2024, 10:00 AM ET
Map shows the top 50 cities with the highest number of “super-wealthy”
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One way to measure the economic vitality of a city is to tally how many super-wealthy folks opt to live and do business there. This graphic shows where the planet’s 28,420 centimillionaires—people with $100 million or more in investable assets—are most likely to cluster, and how fast each city’s ranks of the rich are projected to grow. (There are about 12 times as many “centis” as billionaires; it’s lonely at the very top.)

New York, the Bay Area, and Los Angeles boast the largest centi populations worldwide. But cities in China, India, and the Middle East are catching up fast as their economies expand. The ultrawealthy roster is expected to grow 85% or more by 2033 in Hangzhou, Delhi, and Riyadh. America’s fastest-growing centi city? Austin, the once and future tech hub.

This article appears in the February/March 2024 issue of Fortune with the headline, “Atlas of the ultrarich.”

About the Authors
Nicolas Rapp
By Nicolas RappInformation Graphics Director
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Nicolas Rapp is the former information graphics director at Fortune.

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By Matthew HeimerFormer Executive Editor, Features
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Matt Heimer previously oversaw Fortune's longform storytelling in digital and print and was the editorial coordinator of Fortune magazine.

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