Wealth-X UHNWI profile – Palm Beach
According to the Luxury Real Estate Report 2015 published by Sotheby’s and Wealth-X, the average UHNWI property owner in Palm Beach is 67. Some 24% made their fortunes in financial services. They have median net worth of US$90mn. Attractions include low mortgage rates, the lack of inventory, an attractive climate and excellent amenities. As is the case with Washington DC, UHNWI owners of property are primarily domestic.
Source : 31 May 2015/ Sotheby’s Wealth-X/ Miami/ RES