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Old 02-17-2023, 10:25 AM
 
4,344 posts, read 2,813,808 times
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Quote:
Originally Posted by elchevere View Post
Urban amenities such as restaurants, nightlife, pro sports, the arts and cultural events, shopping, etc.
If you are a billionaire you can hop on your helicopter and enjoy all of those without much trouble.

Urban amenity talk is just code for being broke.

If athletes can make it from city to city to compete the billionaires can do the same and get from their ranch to their private booths in stadiums.

Quote:
Originally Posted by Dw572 View Post
A billionaire could live the same way we do in an urban setting, just with much more money.
Why would they want to live like poor people?
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Old 02-17-2023, 10:28 AM
 
Location: Miami (prev. NY, Atlanta, SF, OC and San Diego)
7,411 posts, read 6,559,570 times
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Nonsense, that’s why athletes and celebrities and others live in NYC, LA—to avoid such things….or, rather, what you describe is what Caribbean islands are for as part of a second or fourth home.

Quote:
Originally Posted by atadytic19 View Post
If you are a billionaire you can hop on your helicopter and enjoy all of those without much trouble.

Urban amenity talk is just code for being broke.

If athletes can make it from city to city to compete the billionaires can do the same and get from their ranch to their private booths in stadiums.
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Old 02-17-2023, 10:41 AM
 
Location: Central Mass
4,630 posts, read 4,900,788 times
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Quote:
Originally Posted by atadytic19 View Post
Apart from being close to work, what are the benefits to Billionaires of living in big cities.

If i was a billionaire I would have a ranch in the middle of nowhere.
What are the benefits of billionaires of living in the middle of nowhere?
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Old 02-17-2023, 10:41 AM
 
4,344 posts, read 2,813,808 times
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Quote:
Originally Posted by scorpio516 View Post
what are the benefits of billionaires of living in the middle of nowhere?
privacy and space.

Why do you think so many of em buy land in Wyoming, Colorado and Montana. Or sparcely populated Islands. Or up in the hills somewhere
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Old 02-17-2023, 10:42 AM
 
Location: Southern California suburb
376 posts, read 210,465 times
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Quote:
Originally Posted by atadytic19 View Post
If you are a billionaire you can hop on your helicopter and enjoy all of those without much trouble.

Urban amenity talk is just code for being broke.

If athletes can make it from city to city to compete the billionaires can do the same and get from their ranch to their private booths in stadiums.



Why would they want to live like poor people?


Lol what? The richest places/neighborhoods are in big cities... does a penthouse on the top floor of a Manhatten skyscraper not sound appealing? So you rather build a mansion inside a Tennessee valley with nothing around for days...
Maybe the billionaires own multiple locations in urban and rural settings.
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Old 02-17-2023, 11:37 AM
 
1,320 posts, read 869,312 times
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Quote:
Originally Posted by atadytic19 View Post
Apart from being close to work, what are the benefits to Billionaires of living in big cities.

If i was a billionaire I would have a ranch in the middle of nowhere.
I’d guess most billionaires live in wealthy towns outside of major cities (i.e. Medina WA, Atherton CA). But yeah at that extreme level of wealth there is very little reason to live inside a major city.
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Old 02-17-2023, 11:43 AM
 
Location: Katy,Texas
6,475 posts, read 4,077,968 times
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Major Cities have a bunch of amenities that Billionares can still participate in that rural areas largely don’t offer. For whatever cultural reason: Rural schools are bad. So bad that most lower middle class suburbia in Houston have better rated schools than most of rural Texas. In fact some rural districts in Texas are almost as bad as the looked down upon urban schools. They can homeschool their kids with the best teachers but a lot of collaborative things schools do need size to them.

Billionaires like the same things we do, nice restaurants (yes I know they can hire a personal chef), they like to go to sporting events and they likely like festivals and celebrations as well..
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Old 02-17-2023, 11:44 AM
 
Location: Brooklyn, NY
10,072 posts, read 14,453,980 times
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I'd be much more interested in seeing a full list of state/city billionaires and where they reside in the US, outside of the top 5.

The top 5 cities are not surprising at all.

I want to see some unique locations Billionaires reside in!
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Old 02-17-2023, 12:02 PM
 
Location: PNW
676 posts, read 648,973 times
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Quote:
Originally Posted by NigerianNightmare View Post
Major Cities have a bunch of amenities that Billionares can still participate in that rural areas largely don’t offer. For whatever cultural reason: Rural schools are bad. So bad that most lower middle class suburbia in Houston have better rated schools than most of rural Texas. In fact some rural districts in Texas are almost as bad as the looked down upon urban schools. They can homeschool their kids with the best teachers but a lot of collaborative things schools do need size to them.

Billionaires like the same things we do, nice restaurants (yes I know they can hire a personal chef), they like to go to sporting events and they likely like festivals and celebrations as well..
Billionaires who are relatively unknown live their best lives in urban major centers - but within gated enclaves. Get driven around, have restaurants, events, festivities booked, planned and curated for them and travel via private jet when they want to. A celebrity or someone well known would constantly be identified and bothered so they would actually be better served living somewhere more remote and private.
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Old 02-17-2023, 12:06 PM
 
Location: Austin, TX
835 posts, read 456,018 times
Reputation: 1312
Quote:
Originally Posted by 18Montclair View Post

Millionaire Growth Rate(2012-2022)
Bay Area-------+68%
Houston--------+65%
New York-------+40%
Los Angeles----+35%
Chicago--------+24%

A bunch of other stats in the entire report here:
https://cdn.henleyglobal.com/storage..._Report_23.pdf
The Bay and Houston have a very impressive millionaire growth rate considering they already have so many.
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