Georgina Bloomberg participates in the Suncast
, by Muhammad Noman Abbasi, 2 min reading time
obtained approval to begin construction on a $285 million spec mansion directly adjacent to Ellison’s property. If sold at that price, it will become the most expensive home in U.S. history . Wellington, an equestrian community about 20 miles inland, doesn’t have ocean views, but the horsey set cares more about being near the showgrounds. Wellington’s 12-week winter show circuit, the longest-running in the world, has turned the town into a seasonal hub for the super-rich, drawing Olympic riders, star polo players like Nacho Figueras and horsewoman-heiress such as Jessica Springsteen (daughter of Bruce) and Georgina Bloomberg (daughter of Michael). 17 Georgina Bloomberg participates in the Suncast 1.50m Championship Jumper Classic at the Wellington Equestrian Center on February 23, 2013, in Wellington. Larry Marano Matt Johnson, a luxury broker with 26 years of experience in the market, said many of his buyers tour stables in the area before looking at houses. He noted that the area has had 23 sales over $5 million in the past 18 months alone. “The luxury market is the equestrian market,” Johnson told NYNext. Scottsdale, Arizona In 2025, Scottsdale unseated Austin as the fastest-growing millionaire hub in the US, according to a Wealth Report conducted by Henley. The Phoenix suburb saw a 125% surge in millionaire residents from 2014 to 2024, fueled by remote work trends, a thriving tech sector and a flood of Californians — and some Seattleites — in search of lower taxes and peace of mind. Unlike coastal competitors, Arizona has no earthquakes, no hurricanes, and — compared to Florida — more forgiving winters. It also boasts something high-end buyers increasingly crave: land. “[They want] acreage, uninterrupted views, new builds, guest houses, pickleball courts, pools,” Scottsdale’s preeminent luxury broker, Kelly Jones, told NYNext. 17 Arizona’s flat 2.5% income tax — one of the lowest in the country — has become a major draw for wealthy individuals seeking financial efficiency and simplicity. BCFC – stock.adobe.com From a financial and legal perspective, Arizona’s appeal begins with a flat 2.5% income tax — adopted in 2023, and still among the lowest in the country — and ends with favorable estate-planning laws. Moreover, friendly business regulations have streamlined everything from corporate formation to trust structuring to legal investments. High‑profile residents in Scottsdale and its surrounding suburbs reportedly include retired Phoenix Suns star Charles Barkley, retired race car driver Danica Patrick, actors Emma Stone and David Spade and GoDaddy founder Bob Parsons, who also owns the Scottsdale National Golf Club. All together, Scottsdale now hosts about 14,800 millionaires, 64 centi‑millionaires and five billionaires, per Henley. “We continue to surprise