What are the provinces with the most millionaires in US dollars not Dominican pesos (per capita)?

NALs

Economist by Profession
Jan 20, 2003
13,891
3,386
113
I haven’t found something like this for the DR.

States with the Most Millionaires Per Capita
1. New Jersey
2. Maryland
3. Connecticut
4. Massachussets
5. Hawaii

Millionaire Statistics for 2024

I’m certain the National District and Santiago would among the top if there was such info.

The rest could be (in no particular order) Puerto Plata, La Vega, Duarte, Santo Domingo, La Altagracia; maybe La Romana?
 

Big

Well-known member
Apr 24, 2019
5,127
4,295
113
What is a millionaire? I know of no man in my age group that does not have a million sloshing around in his 401K and/or that amount in real estate value. This is not a lot of money like it was 30 years ago.
 
  • Haha
Reactions: JD Jones

M4kintosh

Active member
May 23, 2023
249
149
43
Santiago De Los Caballeros
I haven’t found something like this for the DR.



I’m certain the National District and Santiago would among the top if there was such info.

The rest could be (in no particular order) Puerto Plata, La Vega, Duarte, Santo Domingo, La Altagracia; maybe La Romana?
You won't find it because dominican millionaires are very discrete. Especially the ones who are "Old Money".
12961340_603632479788860_1427913199320177_o.jpg
In 2016 Forbes (from Forbes Mexico) tried to create a yearly series focused in DR billionaires/millionaires. Only one edition was made. And obviosly it included the usual suspects: Rainieri, Corripio, Vicini, Cuesta, Bonneti, Marranzini, Grullón, García, Estrella, Rizek. After 2016, no editions from DR millionaires been made.
 

JD Jones

Moderator:North Coast,Santo Domingo,SW Coast,Covid
Jan 7, 2016
12,688
8,979
113
I still remember the days when even fewer families controlled just about everything. You couldn't open a business without the blessings of one of them.
And who remembers when you couldn't import a vehicle?
 

Big

Well-known member
Apr 24, 2019
5,127
4,295
113
You won't find it because dominican millionaires are very discrete. Especially the ones who are "Old Money".
View attachment 9229In 2016 Forbes (from Forbes Mexico) tried to create a yearly series focused in DR billionaires/millionaires. Only one edition was made. And obviosly it included the usual suspects: Rainieri, Corripio, Vicini, Cuesta, Bonneti, Marranzini, Grullón, García, Estrella, Rizek. After 2016, no editions from DR millionaires been made.
Of course, you will be discrete if you are a millionaire, you are too busy going to the office cranking out product. A million (U.S) does not guarantee a comfortable lifestyle. Without interest that is 100 thousand U.S a year for 10 years. Getting into the 8-figure status is noteworthy.
 
  • Like
Reactions: M4kintosh

M4kintosh

Active member
May 23, 2023
249
149
43
Santiago De Los Caballeros
Of course, you will be discrete if you are a millionaire, you are too busy going to the office cranking out product. A million (U.S) does not guarantee a comfortable lifestyle. Without interest that is 100 thousand U.S a year for 10 years. Getting into the 8-figure status is noteworthy.
It's more of a cultural thing that's from here and several other countries in LATAM.

While countries like Mexico, Brazil or Chile can say loudly about their millionaries in media, here it's more of avoiding it saying to media and the public that you're from the top 10 riches. It's more of a target for scams, legal demands, bad reputation or even extortion.

Similar path have taken the retired DR baseball players with exception of David Ortiz, they don't talk or are involved in media bragging about their money.
 

Lucifer

Silver
Jun 26, 2012
5,004
917
113
The prodigal Dominican returns!
I must admit you're living in my head rent-free, and I've decided not to post much these days, for fear of incurring your wrath "one more time again."

But if and when I do post, it better be harmless and non-critical.

I do feel somewhat privileged, though, to be the constant punching bag of such an esteemed and respected scientist... the Cabarete man of genius.

Regards,
A Dominican apart

On edit:
My DR1 days are numbered, and you'll know it when I bid you farewell in the language of Vivaldi or when I leave you with the lyrics of a tune by a famous Cuban duo... or the one name that brings the Karen out of you. You.will.not.have.a.choice, sir.
 

El Hijo de Manolo

It's outrageous, egregious, preposterous!
Dec 10, 2021
4,510
2,924
113
Dominican Republic
I must admit you're living in my head rent-free, and I've decided not to post much these days, for fear of incurring your wrath "one more time again."

But if and when I do post, it better be harmless and non-critical.

I do feel somewhat privileged, though, to be the constant punching bag of such an esteemed and respected scientist... the Cabarete man of genius.

Regards,
A Dominican apart

On edit:
My DR1 days are numbered, and you'll know it when I bid you farewell in the language of Vivaldi or when I leave you with the lyrics of a tune by a famous Cuban duo... or the one name that brings the Karen out of you. You.will.not.have.a.choice, sir.
"Is life not a thousand times too short for us to bore ourselves???" -Nietzsche
 

keepcoming

Moderator - Living & General Stuff
May 25, 2011
5,228
3,026
113
What is a millionaire? I know of no man in my age group that does not have a million sloshing around in his 401K and/or that amount in real estate value. This is not a lot of money like it was 30 years ago.
Honestly, I have to agree. If you think about it, a million is not a lot of money these days. Sure, it depends on how you choose to live, your lifestyle choices. But it just doesn't go as far these days. I remember talking with our financial planner not too long ago. He was saying the exact same thing.
 
  • Like
Reactions: JD Jones

malko

Campesino !! :)
Jan 12, 2013
5,565
1,345
113
Honestly, I have to agree. If you think about it, a million is not a lot of money these days. Sure, it depends on how you choose to live, your lifestyle choices. But it just doesn't go as far these days. I remember talking with our financial planner not too long ago. He was saying the exact same thing.

I have to disagree........
A million will produce 80k a year give or take. Not much for Monaco, London or New-York, but this is dr1.
80K a year in the DR doing fukc all ? I'd live like a king.
 

keepcoming

Moderator - Living & General Stuff
May 25, 2011
5,228
3,026
113
I have to disagree........
A million will produce 80k a year give or take. Not much for Monaco, London or New-York, but this is dr1.
80K a year in the DR doing fukc all ? I'd live like a king.
In the DR for the most part yes (unless something catastrophic happens), but I was speaking more in general.
 

Big

Well-known member
Apr 24, 2019
5,127
4,295
113
I have to disagree........
A million will produce 80k a year give or take. Not much for Monaco, London or New-York, but this is dr1.
80K a year in the DR doing fukc all ? I'd live like a king.
How would a million produce 80k a year and for how long? You can live like a "king" on 80k? What about school tuition for kids, a nice car, shopping, dining, the theater and travel. While a million is certainly nothing to sneeze at, it is not a note worthy event, not even here in beautiful down town D.R. Walking around the city I cannot count the number of 100 thousand dollar vehicles. These type of vehicles are not purchased by people with a net worth of a million.
 
  • Like
Reactions: chicagoan14

Lucifer

Silver
Jun 26, 2012
5,004
917
113
With less than half of 80k, I'd be sittin' in the lap of luxury, living high on the hog... hog heaven, on easy street...
 
  • Like
Reactions: JD Jones