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Fortune
Fortune
Alicia Adamczyk

Here's why Miami has 75% more millionaires than a decade ago

Miami Florida Fortune New York Henley Partners R360 Washington D.C.
Miami South Beach Aerial View. (Credit: Getty Images)

When Charlie Garcia first moved to Miami, it was easy to land a table at the hottest restaurants in town. But that was before the recent influx of the ultrawealthy.

"If you look at the number of billionaires who have moved to Florida, it’s off the charts. It’s causing issues," Garcia tells Fortune. "Getting dinner reservations has gotten a lot more difficult."

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