Cookies on the Business Insider India website

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 17 cities where the world's richest people want to live

Tanza LoudenbackDec 6, 2017, 00:37 IST

ASCOT, ENGLAND - JUNE 21: Racegoers attend Royal Ascot 2017 at Ascot Racecourse on June 21, 2017 in Ascot, England.Stuart C. Wilson/Getty Images

Rich people love spending money on real estate, whether it's a loft in London or a mansion in Beverly Hills - or both.

Wealth-X, a firm that does research on ultra high net worth (UHNW) people, shared data with Business Insider on the residential addresses of people with a net worth of $30 million or more.

The firm found that 14,574 UHNW people own property - whether a primary home or a vacation spot - in New York, the most of any city in the world.

Below are the 17 cities where the world's richest people either live or own a vacation home.