Kiwi ultra-wealth a blip but growingCompared to private wealth in the US, New Zealand is a tiny microcosm. Wealthy property mogul Steve Owen with his daughter Kimberly at Ayrburn last year for Owen's son Matt's wedding to professional golfer Laura Hoskin. In addition, enormous yachts are also a way of delineating between the rich, the very rich and the extraordinarily rich. Whereas America’s ultra wealth is largely accumulated from technology and finance, much of New Zealand’s wealth comes from property. The super-rich are flying into New Zealand to check out property but some wealthy Kiwis have their own private jets.

Source: New Zealand Herald April 11, 2026 18:34 UTC