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Forbes: Favorite Cities of the Super Rich

Newcomer: São Paulo

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.

(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.

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