Where do the ‘ultra-rich’ live?

Ultra-rich are individuals with $30 million or P1.5 billion net worth. In the world, there are 198,342 ultra-rich individuals according to a report by Knight Frank. In an article posted by Visual Capitalist, Ultra-rich lives in the following city:

 

Ultra rich

Among the list, it is interesting to note that the Philippines is the top 3 fastest growing city in the world. Around 115 Filipinos are now considered ultra-rich. In fact, luxury spending in the Philippines totaled $1.4 billion in 2018, a 40% increase from 2013.

 

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Louis Vitton opened it’s 2nd branch last 2017. 27 years after they launched here in the Philippines.

Here are some of the notable houses by Ultra-rich

 

  1. Jeff Bezos

American technology entrepreneur, investor, and philanthropist. He is the founder, chairman, CEO, and president of Amazon.

Net worth: 145.3 billion USD

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Photo credit: Daily Mail

 

2. Bill Gates

American business magnate, investor, author, philanthropist, and humanitarian. He is best known as the principal founder of Microsoft Corporation

Net worth: 98.3 Billion USD

 

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3. Bernard Arnault

Bernard Arnault is the CEO of LVMH (Louis Vitton Moet Hennessey).

Net worth: Net $83.7 Billion

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4. Warren Buffet

Warren Buffett is an American entrepreneur and investor, and CEO of Berkshire Hathaway. Buffett is considered to be the most successful investor worldwide.

Net worth:  $82.7 Billion

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5. Amancio Ortega

Amancio Ortega is a Spanish entrepreneur and founder of the Inditex fashion group. Inditex owns Zara, and Zara is one of the most popular clothing chains worldwide.

Net worth:  $67 Billion

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Photo Credit: Property Week

 

Good news!

You can meet some of them this July at Moola Forum.

 

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Moola Forum is Asia’s premier Luxury Marketing community for luxury lifestyle consultants & private wealth advisers to high-net-worth individuals.

Meet top CEOs, policy makers, entrepreneurs, celebrities, and thought leaders in a very intimate occasion.

Click here to join.