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Home District of Columbia

DC Has 88 ‘Centi-Millionaires.’ That’s Not Even In The Top 20

October 3, 2024
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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

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