Miami Net Worth Surge: Wealth Migration to Florida

The Sunshine State's Wealth Explosion Miami's economy is experiencing a dramatic transformation fueled by a significant influx of high-net-worth individuals. This surge is not simply a trend; it's reshaping the city's landscape and impacting its future in profound ways. The number of millionaires in Miami has seen a staggering 75% increase over the past decade, placing it among the top four cities nationwide attracting substantial wealth. West Palm Beach, similarly, experienced a remarkable 90% increase during the same period....

February 17, 2025 · 4 min · 707 words · Antonia Ray