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    Net-worth network

    Dallas-Fort Worth crowned one of world's top 10 wealthiest places

    John Egan
    Jan 24, 2019 | 9:42 am
    4441 Belfort Pl, Highland Park
    Many of Dallas' high-net-worth residents live in the Park Cities.
    Photo courtesy of Briggs Freeman Sothebys International

    Believe it or not, the whole Dallas-Fort Worth Metroplex is home to more mini-millionaires than the entire population of Plano. In fact, DFW now ranks among the world’s top 10 metros for the number of high-net-worth individuals.

    A new ranking from Wealth-X, which collects and analyzes data about the world’s wealthiest people, puts DFW at No. 10 globally for the population of high-net-worth (HNW) individuals, defined as those with a net worth of $1 million to $30 million. (In other words, Alice Walton, Jerry Jones, and Andy Beal are way too rich for this list.)

    For 2018, Wealth-X tallied 298,220 HNW individuals in Dallas-Fort Worth, up slightly from 297,935 the previous year. By comparison, the population of Plano was 286,143 in 2017, according to the U.S. Census Bureau. DFW is the only Texas metro to appear in Wealth-X’s top 10.

    “With the addition of [the] Dallas-Fort Worth metro area, the U.S. now includes six of the top 10 cities in our ranking,” Wealth-X says.

    Sitting atop the ranking is the New York City metro area, home to nearly 1 million HNW individuals. Elsewhere in the U.S., Los Angeles stands at No. 3, Chicago at No. 6, San Francisco at No. 9, Washington, D.C., at No. 9, and Dallas-Fort Worth at No. 10.

    Chances are, you’ll find many of DFW’s HNW individuals in the region’s richest ZIP codes, particularly Highland Park and University Park. Highland Park is No. 9 among the country’s wealthiest ZIP codes, and University Park is No. 7, according to a 2018 analysis by Bloomberg.

    According to data released in 2018 by Charles Schwab’s Modern Wealth Index, DFW residents say it takes a net worth of $2.4 million to be considered wealthy and $1.3 million to feel financially comfortable.

    “Wealth is often thought of as an unreachable sum of money, but that is a view of the past,” Julie Lambert, manager of the Charles Schwab branch in Plano, says in a 2017 release. “We believe people should think about wealth as what they have now, whether that’s a lot of money or a little, and the important part is paying attention to it. Being engaged, even when you’re just getting started, is the only way to build wealth over time and attain personal goals.”

    According to the 2018 Knight Frank City Wealth Index, Dallas ranks seventh globally for the most households (297,970) earning at least $250,000 in 2017, just behind Houston at No. 6 (298,868 households).

    Dallas is projected to rank 10th for the growth of households earning at least $250,000, adding 58,575 such households from 2017 to 2022, the index says. By comparison, Houston is forecast to hold down the No. 9 position, adding 71,211 of those households during the same five-year span.

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    news/city-life

    This Week's Hot Headlines

    Cult-favorite sandwich chain comes to Dallas and more popular stories

    CultureMap Staff
    Dec 13, 2025 | 10:00 am
    Snarf's sandwich
    Snarf's
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    Editor's note: The top Dallas news of the week includes a Colorado sandwich shop's Dallas debut and an exclusive restaurant's new casual offering. Get the details on our most popular stories below, then visit our event planner for weekend fun.

    1. Colorado sandwich chain Snarf's makes Dallas debut with 5 locations. A cult-favorite sandwich from Colorado has made its Dallas debut. Snarf’s Sandwiches has opened its first location in Dallas at 2337 W. Mockingbird Ln. #150, in a small center just west of Maple Ave.

    2. Prominent Dallas businessman and sports mogul Tom Hicks dies at 79. Thomas O. Hicks, legendary Texas businessman, philanthropist, mentor, and devoted husband and father, died in Dallas on December 6, surrounded by his family; he was 79.

    3. New restaurant The Gibson fills needs of its North Dallas neighborhood. A swanky new restaurant has debuted in North Dallas after overcoming some major obstacles. Called The Gibson, it opened in November at 17552 North Dallas Pkwy., after three years in the making.

    The Gibson The Gibson is now open. Photo courtesy of The Gibson

    4. Downtown Dallas restaurant Sauvage expands with new dining twist. A downtown Dallas restaurant famous for its multi-course tasting experience is letting its hair down with a new dining option that gives a smaller, more casual taste.

    5. Dallas Crystal Charity Ball 2025 takes elegant expedition to South of France. Attendees of the 2025 Crystal Charity Ball were promised an Expedition d’ Elegance, and indeed, Dallas’ grand dame gala delivered a night of globe-trotting glamour.

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