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For years, Washington and its surrounding suburbs have been among the most affluent in the country.

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The four highest-earning counties in the United States, as measured by median incomes, are all near D. The region also has plenty of millionaires. Maryland, Virginia and Washington are all in the top 10 for millionaires Ricy capita, according to Phoenix Marketing.

But there has always been a sharp distinction in D. The Washington elite were arae with a three-bedroom colonial, two incomes and top private schools.

Its handful of billionaires were mostly ffrom sports Rich women from Dc area owners little known outside the capital. There are 34 billionaires within a mile radius of Washington, according to Wealth-Xan information services company that specializes in identifying the tribal patterns of the superrich; that figure is up slightly from last year.

And there are 2, D. Prices and sales of multimillion-dollar mansions are surging.

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Flashy luxury brands more commonly associated with Madison Avenue and Rodeo Drive are doing brisk business near the Capitol. The most obvious signs are in real estate.

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That increase is among the largest in the country. Part of it was driven by the billionaires and millionaires in the Trump administration. Rex W.

While those are far from New York prices, they are a quantum leap for Washington. Increasingly, the superrich from around the world are discovering the benefits of owning a home in Washington.

Aside from being a bargain compared with New York or London, it gives business owners and power players access to the seat of government. Lowham said. European luxury brands have also found it lucrative to have homes in the area.

Instead of a food court, the mall has brought in Mike Isabella, a chef and restaurateur, to build a 41,square-foot dining complex with eight eateries, including a raw bar and a tapas restaurant. The food scene in Washington is also growing more lavish.

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A year-old recently walked into Mr. The customer said he had recently sold a tech company he founded for tens of millions of dollars.

While his dealership still lags those in Los Angeles; Greenwich, Conn. The Inside Wealth column last Sunday, about rising wealth in Washington, misspelled the name of a county nearby that is among the highest-earning in the country. It is Loudoun County, Va.

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Business Washington Welcomes the Wealthiest. Brokers say that record may not last long.

May 21, The Inside Wealth column last Sunday, about rising wealth in Washington, misspelled the name of a county nearby that is among the highest-earning in the country.

A version of this article appears in print onon Page BU3 of the New York edition with the headline: In Washington, the Wealthiest Settle In.

A multifaceted group of well known men and women make up the famous residents It's not necessarily exclusive to the wealthy though, like most of DC, it is an. Parts of California, New York, and Connecticut are much richer than the D.C. area, but they often belong to larger counties that include areas. Inside Chevy Chase Village, one of the richest – and whitest “There is a woman who lives down there [she points to the corner of their street], find in Potomac [a rich Maryland suburb favoured by DC influentials],” James has been a gardener in the area for many years and works on roughly 12 homes.

Tracking the Yachts and Jets of the Mega-Rich. Open in the app.