This Is Why the Number of Ultra-Rich Americans Is Surging

There were 73,110 ultra-high-net-worth (UHNW) individuals in America in 2016, an increase of 6.7% from the year before, according to new data from the wealth information firm Wealth-X.

The total is roughly the equivalent to the seating capacity of New Orleans' Superdome. Another way to look at it is that one in every 4,500 Americans now has an ultra-high net worth, defined as $30 million or more.

The surge was driven large by a strengthening U.S.