Some of the wealthiest Americans are flocking to real estate hotspots across the US to purchase vacation homes.
According to a 2023 wealth report by Henley & Partners, hundreds of centi-millionaires, or individuals with a net worth of at least $100 million, own second homes. Many of these millionaires purchase their vacation homes in beachfront areas and towns near the Rocky Mountains.
Data collated by New World Wealth, a global intelligence firm based in South Africa, showed the number of centi-millionaires living in these towns fluctuating according to the time of year. During peak holiday season in December last year, the number of centi-millionaires massively increased, suggesting a growing number of vacation home owners in these towns.
Take a look at 10 of the most popular towns for centi-millionaires to purchase a second home in. These towns are arranged according to the number of centi-millionaires living there in December 2021.