Dallas, Houston and Austin are among the 100 wealthiest cities in the world, according to a new report.
Dallas is the sixth wealthiest city in the U.S., 22nd in the world, as its millionaire resident count grows 75% in the past decade.from London-based private investment migration consultancy firm Henley & Partners. It’s the sixth wealthiest city in the United States sitting behind fierce competition like New York City, Los Angeles and Chicago.. Centimillionaires, individuals with a net worth over $100 million, are prominent in Dallas as well with 125 of them residing in the city.
“Dallas has long been the economic center of the Sun Belt in terms of trade, transportation, finance and other sectors,” he said. “It has also become a major center for technology in recent decades. It also has a substantial concentration of Fortune 500 headquarters and, although not a production area, has traditionally attracted a large segment on the ownership of Texas’ vast oil and gas reserves.”. It’s a $72.
Strong companies along with the city’s dynamic culture means its long-term wealth trajectory is still headed in the right direction, Perryman said.“It is only natural that the leaders in these sectors would tend to live in the area, often spanning generations of family members,” he said. “In addition, the area offers outstandingand other opportunities that make it an attractive place to live.
In states such as Idaho and Texas, where funding for early childhood education is limited, some schools are spearheading initiatives to provide quality, affordable child care. It’s a retention tool as much as it is a way to ensure youngsters are prepared when they enter kindergarten.. Irving is a business writer for the Dallas Morning News.
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