Cities With The Highest Numbers Of Super-Rich: Wealth-X

via Huffington Post
October 20, 2011

#2 Los Angeles

Super-rich and looking for a place to call home? Luckily there's a short-list of possible locations.
The homes of Ultra High Net Worth (UHNWs) individuals, or people who are worth over $30 million, often cluster around specific cities, according to a new report from Wealth-X, a company that assists private wealth firms, luxury brands, and not-for-profit organizations find potential clients.

There are currently 57,860 UHNW individuals in the U.S., Wealth-X finds, and the number of millionaires worldwide reportedly increased by 22 percent last year, indicating that those clusters of wealth might only get more dense.

The true center of the super-rich remains New York City. With 7,270 super-rich residents, the Big Apple has nearly double the number ultra high net worth households than the second-place city, Los Angeles, which is home to 4,350 members of the elite club.
"Certain geographic clusters generate and attract wealth,” Wealth-X Co-Founder David Friedman said in a press release. "While Occupy Wall Street protesters may direct their anger at wealthy, New York bankers, the more relevant question is, ‘What about New York, or any of the other cities, has engendered unique ecosystems of education, risk capital and human capital that result in prosperity[?]'"

The geographic concentration of wealth in New York may be one of the reasons why the movement start in the heart of the city's financial district. Out of a number of grievances, income inequality has surfaced as a dominant issue at Occupy Wall Street. That could be because the world's millionaires now control 35.6 percent of global wealth, even though they account for less than 1 percent of its population, according to Credit Suisse's Global Wealth Report.
Last year, for example, Houston, which ranks sixth on the Wealth-X list, increased it's number of millionaires by 9.6 percent, 24/7 Wall St. reports. The year before that, 2008 to 2009, San Jose's millionaire population increased by 24.5 percent.



#3 San Francisco, California

To read the Report: http://www.wealthx.com/index.php?id=press

www.beverlyhillspalaces.com

330 South Mapleton Drive in Luxury Real Estate

The ultimate luxury estate on the most desirable world famous street in Holmby Hills. 5 minutes to Rodeo Drive indoor/outdoor pools, Spectacular grand foyer. Romantic master bedroom wing on upper level plus 3 bedroom suites, 3 elevators. 2 level library. Staff quarters on lower level, three family rooms. Huge grassy lawn w/gazebo, detached party/theater structure. Guard House etc.

via: http://www.luxuryrealestate.com/residential/1730823

The Case Study House Map of Los Angeles

Via Curbed Los Angeles
Thursday, October 27, 2011, by Adrian Glick Kudler



Los Angeles is full of fantastic residential architecture in styles running all over from Spanish Colonial Revival to Streamline Moderne. But the Arts & Architecture-sponsored modernist Case Study Houses are both native to SoCal and particularly emblematic of the region (thank you, photographer Julius Shulman). The CSHes were intended to be relatively affordable, replicable houses for post-War family living, with an emphasis on "new materials and new techniques in house construction," as the magazine's program intro put it. Architects included the still-widely-remembered (Charles Eames, Richard Neutra) and the known-only-to-archinerds (JR Davidson, Thornton Abell). A&A ended up commissioning 36 houses and apartment buildings; a couple dozen were built and about twenty still stand in the greater Los Angeles area (there's also one in San Rafael, a set in La Jolla, and one in Phoenix), although some have been remodeled. Here's a guide to all the houses left to see (but keep in mind that, true to LA form, most are still private residences; the Eames and Stahl Houses are occasionally open to visitors). As for the wonky house numbering, post-1962 A&A publisher David Travers writes that the explanation is "inexplicable, locked in the past."

See Maps: http://la.curbed.com/archives/2011/10/the_case_study_house_map_of_los_angeles_1.php#more

www.beverlyhillspalaces.com

SOLD! 1920'S AUTHENTIC SPANISH HOME IN LARCHMONT VILLAGE!

Three Bedrooms

Two Baths

2,012 Square Feet

108 South Larchmont

$908,000

Legendary boxer Jack Dempsey was one of the great figures in the "Golden Age of Sports", the 1920's. He lovingly purchased this charming Spanish home for his mother.

Ideally located in one of the most historically significant neighborhoods, Larchmont Village, a picturesque haven of sidewalk cafes and shops, this one-story character-rich charmer awaits a loving touch.

Il Sole, West Hollywood

Il Sole
8741 W Sunset Blvd
West Hollywood, CA 90069

Fresh ingredients, unique flavors and a warm ambiance are a few of the reasons why this one of my favorite restaurants.  A wonderful place to share with family and friends with a patio overlooking the Sunset Strip.  Really amazing.