The region's strength lies in the coexistence of globally significant wealth-generation hubs and highly desirable lifestyle destinations, offering wealthy individuals a variety of opportunities for both capital growth and quality of life.

North America dominates the index by combining established wealth centres with some of the world's most powerful engines of new wealth creation. New York remains the region's undisputed heavyweight, while San Francisco, Los Angeles and Miami continue to benefit from powerful structural drivers, including technology, artificial intelligence, entertainment, finance and entrepreneurship. Alongside these primary wealth hubs, the Caribbean provides an important complementary role, offering privacy, favourable fiscal regimes, residency flexibility and established second-home markets.

New York tops the list, both in the Americas and globally. While recent policy changes have introduced new considerations for wealth planning, the city remains unrivalled in its concentration of talent, capital and business opportunity. It is home to the world's largest population of high-net-worth individuals, younger wealthy residents and billionaires, while also leading in the provision of international schools, luxury retail, Michelin-starred dining and high-end hospitality. The Hamptons rank highly at 21^st in the global index, also functioning as New York’s leisure extension and offering an exclusive selection of prime residential stock.

Miami has emerged as a hugely popular destination for HNWIs. Finishing second in the index overall, the influx of capital into Miami is due to a combination of wealth creation opportunities and lifestyle advantages. Lifestyle is where Miami sets itself apart from the rest. Only outperformed by London in the Lifestyle category, Miami's appeal comes from its ability to combine business opportunity with a climate, events calendar and nightlife that resonate strongly with younger generations. Favourable personal and business tax regulations have also helped Miami emerge as a business hotspot.

In California, despite persistent narratives around outward migration, both San Francisco and Los Angeles rank fourth and fifth, respectively, in the overall index. The San Francisco Bay Area has been revitalised by the rapid expansion of the artificial intelligence (AI) sector, reinforcing its position as one of the world's premier centres for innovation, capital formation and wealth generation. Consistently strong across all index categories, the region performs particularly well in economic output and wealth creation metrics. Los Angeles demonstrates broad-based strength, supported by its deep concentrations of wealth linked to the entertainment, media and sports industries. Los Angeles also boasts many under-40s HNWIs; the second highest concentration in the world. Malibu and Monterey both act as secluded alternatives to the major California cities whilst still providing connectivity to the economic hubs and capital streams.

As in Europe, ski resorts in the United States are becoming year-round destinations. Aspen and Vail rank at 22^nd and 27^th in the index globally, and seventh and eighth in the Americas, through the increased provision of shopping, dining and wellness amenities and investment into summer infrastructure. Both locations boast extremely strong prime residential markets and five-star hotel performance, supporting the exclusivity of the markets and driving their index performance.

The Caribbean continues to attract wealthy individuals seeking privacy, flexibility and fiscal efficiency. Locations including Turks and Caicos, Antigua, Harbour Island, Mustique and St Barts rank among the strongest performers globally for wealth management and taxation, reflecting the absence of income, wealth, inheritance and gift taxes. Internationally mobile buyers who prioritise high-quality homes, lifestyle amenities and long-term opportunity are driving demand.

However, while these destinations score highly on fiscal and lifestyle measures, most Caribbean locations rank lower overall than major North American wealth hubs due to more limited business infrastructure and connectivity. As a result, they are typically positioned as complementary second-home markets rather than primary centres of wealth creation.

The defining characteristic of the Americas is the coexistence of powerful wealth-creation cities and highly desirable leisure destinations. New York, Los Angeles, Miami and San Francisco continue to anchor the region's wealth ecosystem, while mountain resorts and Caribbean enclaves serve as destinations driven by lifestyle. As greater emphasis is put on wellness, experiences and flexibility, locations that successfully combine economic opportunity with quality of life are likely to strengthen their appeal.