Where The 'Ane Percentage' Live

The wealthiest Americans accept been in the spotlight for reasons ranging from public outrage over lavish lifestyles during the recession to executive bonuses in the midst of the financial crunch. The Occupy Wall Street movement was perhaps the about visible culmination of these concerns, broadly protesting against the separate betwixt the bulk of the U.S. population and the ultra-rich, referred to by the protesters every bit the "i percentage."

The question arose: Who are the 1 pct, and where are they from? In fact, the limerick of the group varies from business concern people, doctors, lawyers and fiscal professionals to celebrities, farmers and even government workers. But where do these high-earners live? Even that is a catchy question since many accept multiple residences. Nevertheless, Wealth-X, a global wealth intelligence firm, compiles information on ultra-high net worth (UHNW) individuals, including net worth, but also characteristics such as philanthropic interests, politics and affiliations. A UHNW private is defined by Wealth-X as anyone with at least $30 million when accounting for a range of avails, including shares in companies, real estate, cash, art collections, private planes and other investable avails.

Co-ordinate to Wealth-10, the United States is home to 57,860 such individuals, and when this number is compared to the over 114 meg households in the country today, this group would represent approximately 0.05 percent of the nation. Although still but a fraction of the ane percent, it is i of the closest estimations of this income grouping and is a proxy for high net worth individuals under the $30 million marking. For individuals with a net worth above $1 million, this grouping accounts for about five per centum of the population .

As it turns out, some cities are magnets for UHNW individuals, and the cities with the well-nigh of this wealthy form average approximately one in iii,075 people, co-ordinate to Wealth-X, while the 27,540 UHNW individuals in the superlative x cities accept a combined net worth of $3.vi trillion, or half-dozen.ii percent of the total U.Southward. net worth. "Certain geographic clusters generate and attract wealth," said Wealth-10 co-founder David Friedman. "A concentration of UHNW individuals is certainly indicative of an surface area's overall economical health."

So, which U.S. cities have the most ultra-loftier net worth individuals?

1. New York

UHNW population : 7,270 Although it may be no surprise the nation'southward most populous city is home to the most UHNW individuals, this segment is "vastly overrepresented in New York," says Wealth-10. While about 13 percent of the UHNW population live in New York, merely 6 percent of the country live in the area, demonstrating that the city is an attractive location for extremely wealthy people.

As an international centre of finance, New York's Wall Street attracts and produces high-net-worth individuals, and the city'south cost of living, which is the highest in the country, according to Mercer Consulting, tends to skew the population to the wealthy side of the spectrum. The wealthiest New Yorkers include Wall Street titan Carl Ichan, Mayor Michael Bloomberg, real estate mogul Donald Trump and members of the Tisch family unit, who are co-owners of the New York Giants.

2. Los Angeles

UHNW population: 4,350

The most populous metropolis in California besides boasts the Westward Coast'southward largest population of UHNW individuals. Although Los Angeles is perhaps best known for its amusement industry, the metropolis is too a shipping hub and is habitation to companies including Occidental Petroleum, Reliance Steel and Health Net, along with many other smaller firms. Billionaires associated with the Los Angeles surface area include media moguls David Geffen and Sumner Redstone, businessman Kirk Kerkorian and director Steven Spielberg.

3. San Francisco

UHNW population: four,230

San Francisco has historically been a city where people can strike it rich. The California Gold Rush turned San Francisco into the financial center of the West in the 1800s, while nearby Silicon Valley continues to produce cutting-border companies and mint new billionaires into the 21st century, oft supported by San Francisco 'southward venture capitalists.

Amidst the largest companies in the San Francisco Bay Area are Hewlett-Packard, Wells Fargo, McKesson and Facebook. The Facebook IPO alone is probable to create approximately 900 millionaires and billionaires, only has already produced billionaire Mark Zuckerberg, who lives in Palo Alto. Also associated with the area are Google co-founders Sergey Brin and Larry Folio also as financier George Roberts, engineer Ray Dolby and Riley Bechtel of the privately held Bechtel Corp.

iv. Chicago

UHNW population: 2,550 The tertiary-most-populous urban center in the United States is the fourth-most-populous for UHNW individuals. Chicago is a major financial heart and home to major financial and futures exchanges, including the Chicago Stock Exchange, the Chicago Board Options Commutation (CBOE) and the Chicago Mercantile Exchange. Major companies in Chicago include the CME Group, Boeing, Groupon, MillerCoors, United Airlines and RR Donnelley. Some of the billionaires that call Chicago habitation are private-disinterestedness titan Sam Zell, media mogul Oprah Winfrey, sometime CEO of Wrigley William Wrigley Jr., and founder of Morningstar Joe Mansueto.

5. Washington

UHNW population: two,300

The nation's capital is also a magnet for high-internet-worth individuals. Among Washington-expanse billionaires are David Rubenstein , co-founder of the Carlyle Group; Steven and Mitchell Rales of the Danaher Corp.; and Redskins owner Daniel Snyder. With approximately 5.6 million people living within the Washington metro surface area, which includes parts of Maryland and Virginia, 1 in every 2,435 residents is an UHNW private, co-ordinate to numbers provided by Wealth-X.

6. Houston

UHNW population: 2,250

With a well-established oil and gas industry and a level of annual product that is greater than the Gdp of Austria ($384 billion versus $376 billion), it is no wonder  Houston has a large number of ultra-high internet worth individuals. In the Houston metro area that ways one in every 2,643 people is worth over $30 million.

Some of Houston'south richest people include Kinder Morgan CEO Richard Kinder, fund director Fayez Sarofim and Houston Texans possessor Robert McNair. The metropolis is also the home to several major companies, including ConocoPhillips, Marathon Oil, Sysco and Halliburton.

7. Dallas

UHNW population: 1,855

With an UHNW population that well-nigh doubles that of Atlanta, Dallas is home to one,855 individuals worth at least $30 million, according to Wealth-X. The Dallas area is home to major companies including AT&T, Dean Foods, Texas Instruments and Southwest Airlines. Some of the richest residents include billionaire and one-time presidential candidate H. Ross Perot, oil magnate Ray Lee Hunt and leveraged buyout billionaire Harold Simmons.

8. Atlanta

UHNW population: 960

In the Atlanta metro area, approximately one out of every v,480 residents has a cyberspace worth of over $30 1000000, according to numbers from Wealth-10 and the U.S. Census agency. Several major organizations are headquartered in the city, including Coca-Cola, Turner Dissemination, The Home Depot and Delta Airlines. The city is home to the earth's largest airline hub and functions as a major source of economic activeness for the Southeast. Atlanta also hosted the 1996 Olympics, which created an economic blast  for the metropolis.

Amid the super-rich who call Atlanta habitation are Anne Cox Chambers of Cox Enterprises, South. Truett Cathy of Chick fil-A and Bernard Marcus, co-founder of The Abode Depot.

nine. Boston

UHNW population: 890

With 890 UHNW individuals living in Boston, 1.5 percent of the country's UHNW population lives in the region, which is nigh on par with the metro expanse's overall population, bookkeeping for approximately 1.4 percent of the nation's people.

Boston's billionaire residents include Abigail Johnson and Edward C. Johnson of Fidelity, co-founders of Boston Scientific John Abele and Peter Nicholas, Jack Manning of Boston Capital and Arthur Demoulas of Demoulas Marketplace Handbasket.

[More from CNBC.com: 10 Richest U.S. Presidential Candidates]

10. Seattle

UHNW population: 885

Seattle is the largest urban center in the Northwest and is 10th on the listing of cities with the largest UHNW population, according to Wealth-10. Among some of the richest people in the Seattle area are Microsoft co-founders Beak Gates and Paul Allen, Microsoft CEO Steve Ballmer, Amazon founder Jeff Bezos and Starbucks founder Howard Schultz. Major companies in and around Seattle include a number of national names, from Amazon.com, Microsoft and Starbucks to Zumiez, Dendreon and Plum Creek Timber.