In recent years, we've seen the emergence of cities whose main industry is that they're a great place to live if you're rich. Dubai would be the ultimate example of this dynamic. But it's not just Dubai. Lots of cities, all around the world, exist to cater to the wealthy, with a set of laws and taxation schemes that act like a magnet for global wealth. So how do these cities work? How big are they? And what exactly do they offer the global rich? On this episode of the podcast, we speak with Atossa Araxia Abrahamian, author of The Hidden Globe: How Wealth Hacks The World. She talks about these booming types of cities, how they emerged, and where they are going.
Read more: Miami Wealth Boom Fuels $13 Billion Firm Serving the Ultra Rich
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10/10/24 • 45 min
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Odd Lots - The Ultra-Rich Are Building a Separate World Here on Earth
Transcript
Bloomberg Audio Studios, Podcasts, Radio News.
Speaker 2Hello and welcome to another episode of the Odd Lots Podcast.
Speaker 3I'm joll Wisenthal and I'm Tracy Alloway.
Speaker 2Tracy, did you see that story a few weeks ago about Andresen Horowitz, the big VC firm closing its Miami office.
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