The United States is home to 69,560 ultra high net worth (UNHW) individuals worth at least US$30 million, equivalent to a third of the global UHNW population.
When it comes to the absolute number of ultra wealthy residents, California is the No. 1 state in America, with 13,445 UHNW individuals, according to the Wealth-X American Ultra Wealth Ranking 2014-2015. In second place is New York state, with a population of 9,530 UNHW residents, followed by Texas (6,475) and Florida (4,650)
In his 2021 year-end letter, Baupost's Seth Klarman looked at the year in review and how COVID-19 swept through every part of our lives. He blamed much of the ills of the pandemic on those who choose not to get vaccinated while also expressing a dislike for the social division COVID-19 has caused. Q4 2021 Read More