Numerous studies have focused on wealth elites’ housing, including their spatial and social exclusiveness. The insertion of the power elite in urban space has, however, largely been left unexplored. By combining positional and residential information on over 7,400 urban elites, we study how academic, economic, and political elites’ residential patterns have evolved from 1890 to 2000 in the three largest Swiss cities (Basel, Geneva, Zurich). First, we uncover a long-term dynamic of suburbanization, which however does not result in even spatial dispersion: while gradually abandoning center cities, elites do not randomly disperse in the surrounding municipalities. Rather, they tend to settle in very specific areas. Second, we find that spatial differentiation of urban elites’ residences varies across elite categories: economic elites tend to geographically segregate from both academic and political elites over the course of the twentieth century and settle in more privileged areas. At the same time, academic and left political elites, while historically living in distinct neighborhoods, tend to converge at the end of the century, echoing new similarities in their profile. This highlights the importance of studying the urban power elites’ residential patterns in a long-term perspective.