Perth Emerges as a Hub for Ultra-Rich Family Offices

Australia's remote city attracts billionaires with bespoke financial services amid a mining boom.

Perth now hosts 64 centi-millionaires, placing it among the world's richest cities.
Family offices in Perth offer tailored services, managing assets over A$200 million.
Local skepticism of global wealth managers fuels demand for personal, direct investment approaches.
The mining sector's growth drives wealth, with new opportunities in renewable energy and health tech.
Recruiting skilled staff remains a challenge due to Perth's remote location and smaller talent pool.