Business

I Visited Scottsdale, Arizona, to See Why It’s Attracting Millionaires

  • Wealthy Americans are moving to Scottsdale, Arizona.
  • Scottsdale has seen a 102% increase in millionaire residents over the past decade.
  • Scottsdale’s appeal lies in its booming business scene and stunning desert landscapes.

Wealthy residents of America’s big cities are uprooting their lives to start over in Scottsdale, Arizona.

Scottsdale is one of the fastest growing cities in the country in terms of wealth. There are 243,000 residents, including about 14,600 millionaires and five billionaires, AZ Central reported in March. According to the USA Wealth Report from Henley & Partners, this represents a 102% increase in the number of resident millionaires over the past decade.

I recently spent 48 hours exploring Scottsdale’s best neighborhoods to find out what attracts so many millionaires to the area. From a booming business scene to breathtaking desert landscapes, here’s what I found.

businessinsider

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