The largest intergenerational transfer of capital in history is underway. An estimated $84 trillion is expected to change hands over the next two decades, according to Capgemini, with $72 trillion set to pass directly to heirs. As this wealth moves to a generation that is markedly more global, mobile, and digitally connected, a new cohort of high-net-worth buyers is redefining where and how it lives, seeking exceptional homes in destinations that offer both lifestyle and opportunity.
Mobility is already built into modern wealth. Total personal wealth increased by 10.8% in 2025, creating nearly a million additional US-dollar millionaires, while approximately 80% of self-made ultra-high-net-worth individuals live outside the country where they made their fortune. As a result, location decisions are becoming a core component of wealth planning, with many families balancing residence, education, and wealth structures across multiple markets.
To map where this capital is settling, Savills analyzed more than 100 wealth hubs for its Spotlight on Wealth Trends 2026 report, drawing on 48 indicators across four pillars: business, governance, and connectivity; wealth clusters and local environment; wealth management and taxation; and lifestyle. The following guide explores the top-ranked locations in the index and a selection of exceptional homes currently on the market in each, presented by Savills Global Residential, whose network spans more than 700 offices and associates across 70 countries.
New York City: A Global Wealth Powerhouse
Ranked first in the Savills Next-Generation Wealth Hubs Index, both in the Americas and globally, New York City continues to set the benchmark for wealth creation, global influence, and prime real estate.
Unrivaled Concentration of Talent and Capital
New York is home to the world’s largest population of high-net-worth individuals (HNWIs), younger wealthy residents, and billionaires, including 648 HNWIs under 40, more than any other location tracked by Savills. The city also leads in international schools, high-end retail, Michelin-starred dining, and hospitality, while world-renowned cultural institutions and iconic skyline residences sustain its appeal as a place to live, work, and invest.
While recent policy changes have introduced new considerations for wealth planning, the city remains unrivaled in its concentration of talent, capital, and business opportunity. The Hamptons, ranked 21st globally, function as its leisure extension, offering an exclusive selection of prime residential stock.
New York Featured Property
Within one of Manhattan’s most storied landmarks, a fully customized residence offers boutique, club-like living high above Lower Manhattan.Savills – Global Residential
34 A Woolworth Building, Tribeca, Manhattan, New York
Price: $7,885,000
Beds/Baths: 3 beds, 4 baths
Size: 3,282 sqft
Set within Cass Gilbert’s landmark neo-Gothic tower, this 3,282-square-foot residence pairs a Thierry Despont layout with bespoke interiors by Martin Kobus. A corner great room more than 35 feet wide opens to a kitchen with Molteni cabinetry and Calacatta Calida marble, while the primary suite enjoys water views and views extend to the Empire State Building and the Brooklyn Bridge.
With never more than two homes per floor, residents benefit from white-glove service, the Woolworth Pool, and a private wine cellar.
Miami and Palm Beach: Lifestyle-Driven Capital
South Florida continues to attract affluent buyers drawn by its combination of waterfront living, favorable tax environment, and year-round sunshine.
A Magnet for Younger Wealth
Miami ranks second in the index overall, propelled by a combination of wealth creation opportunities and lifestyle advantages. Outperformed only by London in the Lifestyle category, the city pairs business opportunity with a climate, events calendar, and nightlife that resonate strongly with younger generations. Favorable personal and business tax regulations have also helped Miami emerge as a business hotspot, and the city is now home to 243 HNWIs under 40.
Further north, Palm Beach also ranks within the global top 30. From private marinas and championship golf courses to a thriving arts and culinary scene, South Florida has become one of the most sought-after destinations for globally mobile wealth.
Palm Beach Featured Property
Along the Intracoastal Waterway, a new landmark development brings the scale of an estate to condominium living.
South Flagler House, West Palm Beach, Florida
Price: $72,000,000
Beds/Baths: 5 beds, 6 baths
Presented by Related Companies, South Flagler House pairs architecture by Robert A. M. Stern with interiors by Pembrooke & Ives. Its two 28-story towers overlook the Atlantic Ocean, the Palm Beach marina, and Worth Avenue, with residences conceived as estates in the sky.
More than an acre of amenities rivals a private members’ club, including a 25-meter lap pool, a spa, a waterfront fitness center, private dining rooms, and a children’s club.
London: The Global Connector
Ranked first in EMEA and third globally, London continues to attract international buyers with its blend of culture, education, connectivity, and lifestyle.
A Long-Term Store of Value
London’s resilience is underpinned by the depth of its professional services sector, its concentration of wealth, world-leading schools and universities, and cultural institutions. Its prime residential market continues to draw global capital, supported by legal stability and an enduring reputation as a long-term store of value. The city is home to 183 HNWIs under 40 and hosts four prestige sporting events each year, including the Wimbledon tennis tournament.
Buyer priorities are also evolving. From Mayfair and Kensington to the city’s riverside neighborhoods, many purchasers are focusing on turnkey homes, security, concierge services, wellness amenities, and community-oriented health clubs.
London Featured Property
In one of Central London’s most dynamic riverside neighborhoods, a high-floor residence offers the turnkey, amenity-rich living sought by today’s buyers.
The Capston, Embassy Gardens, Nine Elms, London
Price: £3,475,000
Beds/Baths: 3 beds, 2 baths
Size: 136 sqm
Set on the 18th floor of The Capston, this 1,462-square-foot residence features a refined material palette and living spaces arranged to maximize natural light. Ownership includes access to the Eg:le Club and London’s Sky Pool, suspended between buildings.
Embassy Gardens sits in Zone 1, minutes from Nine Elms Station and Battersea Power Station, with Chelsea and Belgravia just across the River Thames.
San Francisco and Los Angeles: Innovation Meets Lifestyle
Despite persistent narratives around outward migration, San Francisco and Los Angeles rank fourth and fifth in the index, where technology, entrepreneurship, and investment capital intersect.
The AI-Fueled Wealth Engine
The San Francisco Bay Area has been revitalized by the rapid expansion of the AI sector, reinforcing its position as one of the world’s premier centers for innovation, capital formation, and wealth generation. Consistently strong across all index categories, the region performs particularly well on economic output and wealth creation, with 490 HNWIs under 40. Globally, Forbes reported a record number of self-made billionaires aged 39 and under in 2025, many of whom built their fortunes through AI-led businesses.
Los Angeles demonstrates broad-based strength through deep concentrations of wealth linked to entertainment, media, and sports, and counts 645 HNWIs under 40, the second-highest concentration in the world. Malibu and the Monterey Peninsula act as secluded alternatives, while maintaining connectivity to the region’s economic hubs.
Silicon Valley Featured Property
In Woodside, at the heart of Silicon Valley, a 74-acre estate offers rare scale and privacy within reach of the region’s innovation economy.
Silicon Valley, California
Price: $110,000,000
Beds/Baths: 9 beds, 8 baths
Size: 11,545 sqft
Spanning 74 acres in Woodside, the Green Gables estate comprises a main residence and six additional homes, set among formal gardens, olive groves, and mature oaks sustained by the estate’s own water source. Water features include three swimming pools, a Roman reflecting pool exceeding 100 yards, and a private reservoir.
The estate also offers scope for a bespoke equestrian center and 15 to 20 acres of vineyards within the Santa Cruz Mountains appellation.
Dubai: The Wealth Magnet
Placing second in EMEA, Dubai continues to rank among the world’s leading wealth destinations. While the Middle East faces heightened geopolitical uncertainty, the emirate’s long-term fundamentals remain intact: a favorable tax regime, sustained infrastructure investment, and its position as a global hub connecting East and West.
Business-Friendly by Design
Dubai combines a favorable tax environment, business-friendly policies, and significant infrastructure investment with a sophisticated high-end offering. Its entrepreneurial ecosystem, global connectivity, and lifestyle appeal continue to attract international talent and capital, and, alongside London, it hosts the highest number of prestige sporting events per year among the locations analyzed.
Across the Gulf Cooperation Council, economic diversification and succession planning are gaining prominence, with growing focus on family governance, next-generation involvement, and the long-term deployment of capital within the region.
Dubai Featured Property
In Dubai Hills Estate, one of the city’s most exclusive residential addresses, a fully furnished mega-mansion reflects demand for turnkey trophy assets.
Capri 6, Dubai Hills Estate, Dubai Hills View, Dubai
Price: Price Upon Request
Beds/Baths: 8 beds, 20 baths
Size: 38,000 sqft
Overlooking the first hole of the Dubai Hills golf course, Capri 6 offers approximately 38,000 square feet across a basement, two floors, and a rooftop terrace. Interiors curated with Minotti, Hermès, and Loro Piana are complemented by museum-grade artwork, with ceilings rising up to five meters.
Leisure spaces include a spa, gym, private cinema, and cigar lounge, while a temperature-controlled pool and 10-car garage complete this move-in-ready estate.
Rome: Where History Meets Contemporary Living
While buyers have long been drawn to Europe’s established wealth centers, lifestyle-led Mediterranean destinations continue to grow in appeal, with Rome placing ninth in EMEA and 16th globally.
Italy’s Wealth Cluster Advantage
Southern Europe has performed strongly across the board, delivering on climate, schools, healthcare, perceived safety, international connectivity, and quality of life, supporting a rise in year-round rather than seasonal home use. Alongside Milan and Tuscany, Rome records some of the highest wealth cluster scores in EMEA, driven by Italy’s flat tax policy and top-tier restaurants, retail, and cultural offerings.
With 162 HNWIs under 40, Rome ranks among the 15 leading locations worldwide for young wealth. Its cultural heritage, vibrant food scene, and architectural beauty offer a distinctive blend of historic grandeur and modern living.
Rome Featured Property
Between Piazza Bologna and San Lorenzo, a new development speaks directly to a younger, connected generation of buyers.
House of Minerva, Viale Delle Provincie, Rome
Price: €896,000
Beds/Baths: 3 beds, 2 baths
Size: 126 sqm
House of Minerva is a new development offering studios through four-bedroom apartments with large private outdoor spaces and smart services. This 126-square-meter, three-bedroom residence sits in a neighborhood where modernity meets Rome’s historic heritage.
Close to La Sapienza University, the area is popular among young residents, while nearby Tiburtina station connects to the rest of Italy, Europe, and the capital’s airports.
Barcelona: Culture, Coastline, and Character
Placing 14th in EMEA and 26th globally, Barcelona excels in lifestyle, drawing international buyers to its architectural heritage, beachfront living, and vibrant city culture.
A Lifestyle Leader on the Mediterranean
From Michelin-starred restaurants and world-renowned architecture to yacht marinas, international schools, and easy access to the Costa Brava, Barcelona offers an effortlessly livable lifestyle. The city also hosts three prestige sporting events each year, spanning Formula 1, major golf, and ATP tennis.
Across Spain and Portugal, buyers and renters from Latin America are supporting demand, while Pedralbes remains one of Barcelona’s most prestigious and sought-after residential addresses.
Barcelona Featured Property
In Pedralbes, an enclave known for elegant mansions, immaculate gardens, and renowned international schools, a fully refurbished residence offers rare privacy and expansion potential.
Private Residence in Pedralbes, Barcelona
Price: €11,800,000
Beds/Baths: 5 beds, 7 baths
Size: 868 sqm
Refurbished in 2013, this residence sits on a 1,104-square-meter plot, with an adjoining parcel permitting up to 350 square meters of additional construction. Its façade of handmade Dutch bricks opens onto gardens by landscape architect Luciano Giubbilei.
Interiors span three levels connected by a private lift, with a dining room dressed in Loro Piana and a principal suite with private terraces. The lower ground floor adds a home cinema, wine cellar, and heated marble pool.
French Riviera: Global Appeal on the Mediterranean
Ranked 15th in EMEA and 28th globally, the French Riviera combines robust lifestyle credentials with a residential market that remains highly sought after by global wealth holders.
A Broader, Year-Round Buyer Base
The Riviera’s buyer base has widened in recent years, no longer relying on trophy-home purchasers but now attracting entrepreneurs, investors, finance professionals, and technology executives. As a result, more residents live on the Riviera year-round, served by Nice airport, now the third largest in France and the country’s leading hub for private aviation.
High-quality turnkey homes with sea views, generous outdoor space, and easy access to amenities dominate demand. Nearby Monaco, ranked ninth globally and third in EMEA, remains the most expensive prime residential market in the world, averaging $6,135 per square foot.
French Riviera Featured Property
On the slopes of Mont Boron, a waterfront estate offers the sea views, outdoor space, and proximity sought by today’s Riviera buyers.
Nice, Mont Boron, French Riviera
Price: €23,500,000
Beds/Baths: 5 beds, 5 baths
Size: 1,125 sqm
Set on a 5,100-square-meter plot with gardens extending down to sea level, this estate features a main house with terraced reception areas, a spa with heated pool, and a principal suite occupying the entire top floor. A caretaker’s apartment and an independent villa add flexibility for family and staff.
The port is within walking distance, with Cap Ferrat, Monaco, and Nice airport all within easy reach.
Where the Next Generation Will Call Home
As wealth moves across borders and generations, capital is becoming more selective. According to Savills, scarce, turnkey, and highly serviced assets in markets that combine legal stability, lifestyle quality, privacy, and long-term liquidity are likely to remain the most resilient, while demand continues to grow for branded residences, wellness-led developments, and homes that allow globally mobile buyers to move seamlessly between jurisdictions.
From a landmark Manhattan tower and a Silicon Valley estate to a waterfront retreat on the Riviera, these properties reflect a new definition of prime real estate: homes that support how wealth holders and their families want to live, work, travel, connect, and plan for the future.
To learn more about these properties and the Savills Next-Generation Wealth Hubs Index, contact Savills Global Residential
