business marketing
MTE
Published on : Apr 20, 2026
NEW YORK and MIAMI, April 20, 2026 /PRNewswire/ -- Haute Jets, the on-demand private aviation brand founded by Haute Living, and 5WPR, one of the largest independently owned PR and digital marketing firms in the United States, today published The Haute Jets Wealth Migration Report — a research report examining the largest single-year international wealth migration on record and the private aviation corridors that have formed around it.
The report synthesizes data from Henley & Partners, New World Wealth, Knight Frank, Bank of America, Campden Wealth, RBC, McKinsey, Mordor Intelligence, ARGUS TRAQPak, Avi-Go, WingX, the Internal Revenue Service, and leading trade press. Every claim is linked to its source. The full report is available free at https://www.hautejets.com/the-haute-jets-wealth-report, with no registration required.
Key findings:
"What the data shows in 2025 is not a softening of wealth migration — it is an acceleration and a diversification," said Ronn Torossian, Founder and Chairman of 5WPR. "The old pattern of UK to Switzerland, New York to Florida, is now layered with crypto wealth moving to Dubai, Latin American capital landing in Miami, and a new generation relocating for tax structure as much as lifestyle. Every one of these migration events is a multi-home lifestyle being built. The private aviation industry sits at the intersection — and that intersection has never been more active."
"For Haute Jets, this research confirms what we see every day at the operational level," said Kamal Hotchandani, CEO of Haute Jets. "The New York-to-Miami corridor, the London-to-Dubai corridor, Miami-to-São Paulo, Miami-to-Caracas — these are not just private aviation routes. They are the physical connective tissue of a global UHNW class now living across three or four residences. Understanding where the wealth is moving is prerequisite to serving it."
The report also documents the institutional transformation of Miami into what market participants now call "Wall Street South": Citadel relocated its global headquarters from Chicago in 2022 and is building a $2.5 billion Norman Foster-designed tower on Brickell Bay, joined by Thoma Bravo, Point72, Elliott Management, Apollo, Starwood Capital, Blackstone, and Banco Santander. Miami Alts Week now draws 6,000+ attendees annually.
The private aviation volume story is equally stark. Part 91K fractional departures are up 75.5% since 2019. Ultra-long-range jet activity is up 70% versus 2019. Latin American private aviation grew 11% in 2025 — the second-fastest regional growth globally — with Brazil posting +45% year-over-year, Colombia +42%, and Venezuela +34%.
About Haute Jets
Haute Jets is the on-demand private aviation brand founded by Haute Living, the luxury lifestyle media company. Haute Living has been the authoritative voice in luxury media for two decades, connecting high-net-worth audiences with the brands, destinations, and experiences they value.
About 5WPR
5WPR is a full-service PR and digital marketing agency, known for cutting-edge programs that engage businesses, issues, and ideas. Founded more than 20 years ago, 5W has been recognized as a top U.S. PR agency by leading industry publication O'Dwyer's, named Agency of the Year in the American Business Awards®, and honored as a Top Place to Work in Communications in 2026 by Ragan. The agency continues to deliver a resourceful, bold, and results-driven approach to communications for leading businesses, with more than 250 professionals serving clients across B2C sectors including Beauty & Fashion, Consumer Brands, Entertainment, Food & Beverage, Health & Wellness, Travel & Hospitality, Technology, and Nonprofit; B2B specialties including Corporate Communications and Reputation Management; as well as Public Affairs, Crisis Communications, and Digital Marketing, including Social Media, Influencer, Paid Media, GEO, and SEO. In addition to its business accolades, 5W was named to the Digiday WorkLife Employer of the Year list. For more information and to join our team, visit 5W Careers.