Wealth-X and Savills are out with a new report showing how the super-rich (those with $30 million or more in assets) spend money on real estate.
There are a ton of interesting takeaways from the report, which is available here. The map below, which shows the flow of wealth around the world, is particularly telling. It shows where these ultra-high-net-worth individuals (UHNWIs) are most likely to purchase luxury real estate.
According to the report, “[the map] highlights not only where they like to live but also the geographies and jurisdictions that they might favour for other types of real estate holdings — and other investments — as well. Most notably, when it comes to residencies, UHNWIs may invest crossborder but they will tend to stick to destinations within their global region, to areas they call ‘home’.”
Some notable trends:
The following map is also revealing, It shows the total wealth of UHNWIs around the world, and what percent of that wealth is in real estate. The super rich in the Europe and the Middle East have a relatively high proportion of their holdings in real estate, while people in the U.S. prefer other forms of investment.