Ultra-high-net-worth individuals and wealthy business leaders in Minnesota primarily reside in exclusive lakeside enclaves and affluent suburban communities surrounding the Minneapolis-Saint Park metropolitan area. Prime residential concentrations include wealthy lakeside cities along the shores of Lake Minnetonka, such as Wayzata, Orono, and Deephaven, which feature sprawling waterfront estates, private docks, and massive historic properties. Additionally, upscale urban neighborhoods within Minneapolis, such as the Kenwood and Lowry Hill areas near the Chain of Lakes, have historically attracted prominent corporate executives and philanthropic leaders.