Favorite Cities of the Super Rich

Forbes: Favorite Cities of the Super Rich

Multi-millionaires have their pick of the litter. They can live in the world's most expensive cities, like Monte Carlo, and have a second home in Miami. It's almost too easy. For real estate investors looking to tap into the hottest real estate markets in the world, luxury real estate consultancy Knight Frank says these are the cities of choice of the super rich.

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More from Forbes:
Full List: Favorite Cities of the Super Rich
America’s Most Expensive Zip Codes
The Biggest Billionaire Home Sales of 2012

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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Favorite Cities ... Multi-millionaires have their pick of the litter. They can live in the world's most expensive cities, like Monte Carlo, and have a second home in Miami. It's almost too easy. For real estate investors looking to tap into the hottest real estate markets in the world, luxury real estate consultancy Knight Frank says these are the cities of choice of the super rich.

(Photo via Forbes)

More from Forbes:
Full List: Favorite Cities of the Super Rich
America’s Most Expensive Zip Codes
The Biggest Billionaire Home Sales of 2012

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.
10. Berlin Berlin is, and will remain, the 10th city of choice for high net worth individuals.

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More from Forbes:
Full List: Favorite Cities of the Super Rich
America’s Most Expensive Zip Codes
The Biggest Billionaire Home Sales of 2012

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.
9. Beijing Beijing will move up to number 3 within 10 years, replacing Hong Kong.

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More from Forbes:
Full List: Favorite Cities of the Super Rich
America’s Most Expensive Zip Codes
The Biggest Billionaire Home Sales of 2012

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.
8. Shanghai Shanghai continues to be seen as one of the most desirable and important urban cities among the world's wealthy. It will rise to number 4 in 10 years, knocking out Paris.

(Photo via Forbes)

More from Forbes:
Full List: Favorite Cities of the Super Rich
America’s Most Expensive Zip Codes
The Biggest Billionaire Home Sales of 2012

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.
7. Geneva Geneva, Switzerland, ski mecca, will be replaced by emerging market cities and slip down to number 9 within 10 years.

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More from Forbes:
Full List: Favorite Cities of the Super Rich
America’s Most Expensive Zip Codes
The Biggest Billionaire Home Sales of 2012

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.
6. Miami Miami is being bought up by foreigners even as the general American population in and around the city are watching their home values plummet, and face foreclosure. Miami will fall off the list in 10 years, replaced by Asian cities. But it will still be a favorite among rich Latin Americans who consider it second only to New York as the world's most important city.

(Photo via Forbes)

More from Forbes:
Full List: Favorite Cities of the Super Rich
America’s Most Expensive Zip Codes
The Biggest Billionaire Home Sales of 2012

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.
5. Singapore Singapore is the largest port city in the world and has benefited greatly from Asian growth. It is the hub for commodities traded and entering the Asian markets, and by most accounts it is more 21st century than American cities. Singapore will remain at number 5 for the next 10 years.

(Photo via Forbes)

More from Forbes:
Full List: Favorite Cities of the Super Rich
America’s Most Expensive Zip Codes
The Biggest Billionaire Home Sales of 2012

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.
4. Paris Paris will be replaced by Shanghai within 10 years and slip to number 7.

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More from Forbes:
Full List: Favorite Cities of the Super Rich
America’s Most Expensive Zip Codes
The Biggest Billionaire Home Sales of 2012

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.
3. Hong Kong Hong Kong is one of the most expensive cities in the world, even more expensive than New York. It is a favorite of the super rich, but will lose out to Beijing in 10 years time, slipping to number 6.

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More from Forbes:
Full List: Favorite Cities of the Super Rich
America’s Most Expensive Zip Codes
The Biggest Billionaire Home Sales of 2012

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.
2. New York City Like London, New York is poised to remain at number 2 for the next 10 years. So long as Wall Street remains the world's biggest equities market, New York real estate will be attracting millionaire investors and second home buyers for decades to come.

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More from Forbes:
Full List: Favorite Cities of the Super Rich
America’s Most Expensive Zip Codes
The Biggest Billionaire Home Sales of 2012

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.
1. London London appears to have a lock as the hometown of preference to the world's rich. Whether it's a corrupt Middle Eastern dictator in exile, or a Russian oligarch, London will still be the world's number-one piece of real estate in the next 10 years.

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More from Forbes:
Full List: Favorite Cities of the Super Rich
America’s Most Expensive Zip Codes
The Biggest Billionaire Home Sales of 2012

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.
Newcomer: São Pa... São Paulo is the commercial hub of South America and Brazil, in particular. It is one of the largest cities in the world and a hot spot for residential and commercial real estate investors. High net worth individuals see São Paulo taking Shanghai's old spot at number 8 in 10 years.

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More from Forbes:
Full List: Favorite Cities of the Super Rich
America’s Most Expensive Zip Codes
The Biggest Billionaire Home Sales of 2012

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.
More from Forbes Click here to check out the most expensive neighborhoods in America.

(Prominent Properties)

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.