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Fortune
Fortune
Jane Thier

Florida attracts more ultra-wealthy movers than any other state

couple walking on the beach at sunset (Credit: Colin Anderson Productions pty ltd - Getty Images)

There’s a lot to love about Florida, despite what its haters may say. Just ask the outsize number of millionaires and billionaires who have set up shop there over the last decade.

Between 2012 and 2022, a handful of cities experienced millionaire growth by over 70%, finds the latest wealth report from investment migration firm Henley & Partners and New World Wealth. The research firm tracked the movements and spending habits of over 150,000 high net-worth people, focusing on those with over $10 million in investable assets. 

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