As most people continue to batten down the financial hatches, an elite group of the world’s “stateless super-rich” is blossoming, and transcending geographical boundaries to purchase properties in major cities across the globe. With no strong ties to specific countries, these individuals lead nomadic, season-driven lives. Their choice of where to live at any one time is based on that location’s climate, their children’s education, tax constraints or which of their friends they want to lunch with on any particular day.

www.ft.com/intl/cms/s/2/740fff32-8d34-11e1-8b49-00144feab49a.html