How many homes does the average billionaire own?
There’s a new bar for wealth in America: Nine homes and 19 cars.
That’s the average number of residences and vehicles owned by the average “ultra-high net worth” individual, according to a new study from AIG, which detailed the assets of the insurance company’s richest U.S.
Who owns the most homes in the world?
Where do rich people buy houses?
Below, check out which cities are most popular among wealthy homebuyers.
All data figures are for single-family homes and were provided by Coldwell Banker and The Institute for Luxury Home Marketing.
- Manhattan, New York.
- Palm Beach, Florida.
- Los Angeles, California (beach cities)
- Aspen, Colorado.
How many houses can someone own?
You can own as many homes as you can afford
If you pay cash or work out private financing with the seller or a hard money lender, there are no limits to how many homes you can own, as long as you can afford to make the payments and maintain the properties.