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Where do the ultra rich spend their holidays?

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In a world where luxury knows no bounds, the ultra-rich have unlocked the door to opulent holiday destinations hidden from the masses.

From remote private islands to exclusive mountain retreats, these global elites escape the ordinary in style.

Ever wondered where the world’s wealthiest individuals unwind when the rest of us settle for ordinary getaways? Brace yourselves for a peek behind the velvet curtain of extravagance as we delve into their holiday choices, shrouded in secrecy.

For those with pockets as deep as oceans, it’s no surprise that their vacation spots are equally bottomless. From Richard Branson’s Necker Island to the Maldives’ underwater hotels, these destinations redefine luxury. But what’s the true cost of such opulence, and can the rest of us dream of ever indulging?

The top 17 centi-millionaire seasonal hotspots include more than 10 U.S. cities.

Source: Visualcapitalist.com

Apart from these, we can see several French cities such as Paris, Nice, Cannes, and Antibes, as well as Portugal’s Golden Triangle and Lisbon on the list.

Global Centi-Millionaire Trends

Henley & Partners’ 2023 Centi-Millionaire Report states that the global centi-millionaire population is expected to grow by 38% in the next ten years, reaching nearly 40,000 by 2033.

This growth is likely to be witnessed in countries such as China, India, and Saudi Arabia. China’s Hangzhou and Shenzhen are expected to see the highest percentage growth in centi-millionaire populations through 2033, growing by 95% and 88%, respectively.

Despite the rapid wealth growth in the global East, it’s noteworthy that many centi-millionaires are still graduating from American universities. Over half of the top 20 universities with the most centi-millionaire alumni are in the United States, with Harvard, Stanford, and the University of Pennsylvania taking the top three spots.

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Money

Recovery on the horizon: investing in growth

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The ‘gloom to soon’ signal points to shares and property gains

Money Minute features finance expert Dr. Steve Enticott from CIA Tax, guiding audiences through practical advice and innovative strategies for financial freedom.

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Money

Navigating the downturn: investment tips for tough times

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Why the contraction phase calls for cash-focused strategies

Money Minute features finance expert Dr. Steve Enticott from CIA Tax, guiding audiences through practical advice and innovative strategies for financial freedom.

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Money

Warning signs of the boom: time to cash out?

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How to spot overheating markets and safeguard your investments

Money Minute features finance expert Dr. Steve Enticott from CIA Tax, guiding audiences through practical advice and innovative strategies for financial freedom.

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