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Report: Miami #1 In World For Ultra High Net Worth Buying Second Homes

Summary by The Next Miami
Miami is the most popular location in the world for ultra high net worth individuals to buy second homes, according to the Daily Mail, which cited a report by Altrata. Ultra high net worth individuals are defined in the report as having a net worth of over $30m. Over the past five years, Miami has seen strong growth of its wealthy second-home population, the report said. There are a total of 13,211 ultra high net worth second-home owners in Miam…
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The Next Miami broke the news in on Monday, August 4, 2025.
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