Henley_Partners：2023年美国财富报告_24页_8mb

报告摘要

USA Wealth Report 2023 Summary

Introduction

The 2023 USA Wealth Report, published by Henley & Partners in collaboration with New World Wealth, provides a comprehensive overview of private wealth trends in the United States, including migration patterns, city wealth data, and key drivers of wealth accumulation.

Millionaire Migration

The USA faces significant millionaires migration abroad, driven by factors like political polarization, societal issues, and economic challenges. In 2022, net millionaire inflows decreased sharply, with Americans showing high interest in international migration programs such as Portugal's Golden Residence Permit and Malta's investment-based citizenship schemes. This trend reflects a search for risk mitigation and new opportunities, while the US remains a top destination due to its economic strength.

Top Wealthiest Cities

New York City leads as the wealthiest city, followed by the Bay Area, Los Angeles, Chicago, and Houston. These cities concentrate high levels of millionaire and centi-millionaire populations, with key industries including finance, tech, and entertainment. Wealth creation is fueled by sectors like finance and tech, supporting the city's economic dominance.

Fastest Growing Cities

Austin, West Palm Beach, Scottsdale, Miami, and Greenwich/Darien show rapid millionaire growth (>70% increase since 2012). These cities benefit from business-friendly environments, lower taxes, and economic diversification, attracting remote workers and entrepreneurs fleeing urban congestion and economic pressures.

Freedom to Move and American Dream

The American Dream is increasingly elusive for many due to inflation, social unrest, and wealth inequality. High-net-worth individuals are seeking alternatives elsewhere for better investment opportunities and lifestyle, leading to a rise in expatriation and dual citizenship, with the global middle class becoming a primary target market.

Second Home Hotspots

Popular second home locations for centi-millionaires include Miami, Aspen, the Hamptons, Santa Barbara, and Napa. These areas offer prime vacation properties with high peak usage, contributing to real estate demand and wealth distribution.

Ups and Downs in Real Estate

The US luxury real estate market is volatile, with recent slowdowns due to economic factors like high interest rates and inflation. Non-traditional locations like secondary cities and international markets (e.g., Europe) are gaining appeal as prices adjust, but the expansion of the sector persists due to lifestyle and taxation benefits.

Education and Centi-Millionaires

Top universities like Harvard, MIT, and Stanford graduate a majority of US centi-millionaires, with graduates entering high-growth sectors. Premium education plays a key role in wealth building, though entrepreneurship and industry expertise also drive success.

Wealth Creation Industries

Finance and professional services dominate (28% of centi-millionaires), followed by tech. Other key sectors include real estate, media, energy, and healthcare, with family-owned companies and new wealth transfers shaping the landscape.

Key Drivers of Wealth

USA's wealth growth is supported by high safety levels, strong key sectors, developed media, robust ownership rights, and a superior banking system. However, challenges like higher crime rates and political tensions drive migration, reducing net wealth inflows.

USA vs. China

China and the US are interdependent superpowers, with the US holding greater wealth and millionaire populations. Ideological and economic competition intensifies, affecting global stability.

Family Office Trends

Family offices are central to managing multi-generational wealth, adapting to the "Great Wealth Transfer" era. They focus on holistic planning, digital integration, and sustainability to safeguard assets for the next generation.

Going Green: Eco-Friendly Estates

Eco-friendly estates are popular among the wealthy, emphasizing sustainability, community, and resource efficiency. These properties address growing environmental concerns and offer enhanced living experiences.

Research and Methodology

Wealth metrics are preferred over GDP for accurately measuring economic health due to their focus on investable assets. Data from New World Wealth informs global migration and spending trends, ensuring reliable analysis.