Selling to the private economy.

17 Jan 2026 · 1 min
1:21

Codie Sanchez (YouTube, 2026-01-17) summarizes a Wall Street Journal report describing a growing, curated private economy for the ultra-wealthy and quantifies wealth concentration and migration trends. Key data: the top 0.1% control about $23 trillion (up from $10 trillion a decade ago), that group’s wealth grew ~117% faster than the rest of the U.S., and there was a ~70% increase in high-net-worth migration after 2020 (notably to Miami). Sanchez paints a scenario of private jets, chauffeured Maybachs, private hotel entrances, members-only restaurant areas, and private airline terminals, then gives an entrepreneurial takeaway: instead of pursuing wealth, build premium, high-margin services sold to the wealthy—services that buy time, privacy, privilege, scarcity and exclusivity (examples: premium pick-up services, red-carpet/priority lines, membership clubs, jet detailing, exotic car service, concierge, membership security, high-end property management).

Questions this video answers

About $23 trillion.

About $10 trillion.

~117% faster than the rest of America.

~70% increase in high-net-worth migration post-2020.

Miami.

Chapters

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