Scottsdale, Arizona one of the fastest growing millionaire hubs

According to CNBC recent reports and data, here are some of the cities with the fastest growing wealth:

Photo by Troy Spoelma on Unsplash

The top 10

These are the 10 cities that saw the largest increases of ultra-wealthy individuals between 2012 and 2022 — and how big the jumps are, according to Henley & Partners’ report.

1.       Hangzhou, China (105%)

2.       Austin, U.S. (102%)

3.       Shenzhen, China (98%)

4.       West Palm Beach, U.S. (90%)

5.       Scottsdale, U.S. (88%)

6.       Bengaluru, India (88%)

7.       Guangzhou, China (86%)

8.       Sharjah, United Arab Emirates (84%)

9.       Ho Chi Minh City, Vietnam (82%)

10.   Hyderabad, India (78%)

Why I (and many of my clients) love Scottsdale:

  1. Warm weather: Scottsdale enjoys warm and sunny weather for most of the year, making it an ideal destination for those who enjoy outdoor activities.
  2. Natural beauty: The city is surrounded by stunning natural landscapes, including the McDowell Mountains, Sonoran Desert, and Salt River. The scenic beauty of the area attracts visitors from all over the world.
  3. Cultural attractions: Scottsdale has a rich arts and culture scene, with numerous museums, galleries, and theaters. The city is home to the Scottsdale Museum of Contemporary Art, the Scottsdale Center for the Performing Arts, and the Scottsdale Public Art Program, which showcases outdoor art installations throughout the city.
  4. Shopping and dining: Scottsdale is known for its high-end shopping destinations, such as the Scottsdale Fashion Square, and its diverse dining scene, which offers everything from fine dining to street food.
  5. Outdoor activities: Scottsdale offers a range of outdoor activities, including hiking, golfing, mountain biking, and horseback riding. The city is also a popular destination for spa and wellness retreats.
  6. Friendly community: Scottsdale has a welcoming and friendly community, with a strong sense of local pride. The city is known for its hospitality and its commitment to preserving its history and heritage.

Tell us why you love Scottsdale!!!


  1. Great blog post! I found it really interesting to learn about the fastest growing cities in terms of wealth. Among those, I am particularly happy to see Scottsdale on the list. The city has so much to offer. The natural landscape, cultural attractions, and outdoor activities are just a few of the reasons why I love Scottsdale. I wanted to ask the author if there are any upcoming events or festivals in the city that celebrate its rich arts and cultural scene?

    Yoy E.

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