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# Billionaire Neighborhoods
World's Ten Richest Streets

By Going Like Sixty | Published 2008-09-05 | Art & Design
Source: Trend Hunter, https://www.trendhunter.com/trends/ten-richest-streets-monaco-is-tops-can-you-name-others
References: [luxist](http://www.luxist.com/2008/09/04/the-worlds-10-richest-streets/)

The World’s Ten Richest Streets, based on property values, has been compiled. Not surprisingly, Monaco has more uber-rich neighborhoods than anywhere else and tops the list. The homes there run on average of $17,000 per square foot! Millionaires don’t even try to buy there - it’s a [billionaire haven](https://www.trendhunter.com/trends/pie-society). Severn Road in Hong Kong is the second richest at $11,000.

Runners-up for the [world’s richest streets](https://www.trendhunter.com/trends/nest-seekers-international) include:

No. 3 - Fifth Avenue, New York

No. 4 - Kensington Palace Gardens, London

No. 5 - Avenue Montaigne, Paris

No. 6 - Ostozhenka, Moscow

No. 7 - Via Suvretta, St, Mortiz, Switzerland

No. 8 - Carolwood Drive, Beverly Hills

No. 9 - Wolseley Road, Sydney, Australia

No. 10 - Altamount Road, Mumbai, India

## Trend Insights (Trend Hunter)

- Score: 4.4/10
- Popularity: 65% | Activity: 58% | Freshness: 8%
- Audience gender: 50% men, 50% women
- Primary generations: Millennial, Gen X
- Top markets: North America, Europe, Asia

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Art & Design](https://www.trendhunter.com/artdesign) > [Home](https://www.trendhunter.com/home)

## Key Themes

### Why This Trend Is Growing

- **Luxury Real Estate:** The growing market demand for ultra-high-end properties can lead to the development of new luxury real estate projects that cater to the world's richest individuals and offer unique amenities and features.
- **Wealth Management:** Wealth management firms can capitalize on the concentration of billionaires in these areas to offer customized financial products and investment strategies that effectively serve their clients' needs.
- **Tourism Industry:** Regions with affluent neighborhoods can capitalize on their appeal to the ultra-rich by promoting luxury tourism experiences and high-end events that attract wealthy visitors.

### Industries Being Reshaped

- **Real Estate:** The real estate industry can tap into the demand for high-end properties by developing ultra-luxury residential projects that match the architectural and design standards of these neighborhoods.
- **Financial Services:** Wealth management firms and private banks can use these millionaire and billionaire enclaves as a launching pad to present their exclusive financial products and cater to the specific investment strategies of the world's richest individuals.
- **Hospitality:** The hospitality industry can target affluent tourists by offering luxury accommodations, services, and experiences that match the standards of the ultra-rich, from private jet transfers to bespoke cultural tours.

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