There are 88 centi-millionaires in the D.C. region, according to an annual wealth report by Henley & Partners. That ranks the D.C. metro 37th globally for the number of ultrarich.
Henley & Partners defines centi-millionaires as individuals with at least $100 million in liquid investable assets.
Globally, there are 29,350 centi-millionaires, dominated by cities in China and the U.S. The number of centi-millionaires has grown by 54% globally in the last 10 years.
China tops the list, with a centi-millionaire population that has expanded by 108% in the past 10 years. The number of superrich in the U.S. has grown by 81% over that same period. Centi-millionaire growth across Europe has been much slower, increasing by 26% over the past decade.
Click here to read the rest of the article written by Jeff Clabaugh over at WTOP