top 50 richest cities in the world 202010 marca 2023
Consumption of Fuel and Materials per Capita, Visualizing Chinas Dominance in Battery Manufacturing (2022-2027P), Mapped: The Population of Indias States Compared with Countries. This year 92 billionaires live in the Big Apple as their primary residence 8 more than a year ago. the country's economy as a whole is one of the fastest growing in the world. Are you interested in testing our business solutions? More than 80% of Russias, call its capital home, including mining mogul. Top Cities in the World to Visit. Among the top 50, Aruba will climb five spots. It leverages a comprehensive data set that tracks the movements and spending habits of high-net-worth individuals in over 150 cities around the world. Their net worth is based on the data from 2022 available on their respective Forbes profiles. One of the largest cities in the world with the GDP of about 1,520 billion dollars, Tokyo is the wealthiest city in the world in terms of GDP ranking. Richest Cities in the World. According to various estimates, the Japanese capital is home to 13.1 to 13.7 million people. Its known as the mecca of tech innovation, and as a result, the region has a high concentration of wealthy individuals. Mapped: Europes Biggest Sources of Electricity by Country, Visualizing the Scale of Global Fossil Fuel Production, Visualizing U.S. San Francisco has a rich economic history,,one that includes the wealth generated by the California Gold Rush. After all, its Philadelphias rich history that fuels the tourist trade that brings over 2 million visitors from both the U.S. and foreign countries every year. Property prices, across the board in Hong Kong in late 2019, damaging the real estate industry that is the source of wealth for many of the citys richest, including Hong Kongs sole, Moscow is the only other city among the top 10, besides Shenzhen, where every single billionaire is self-made (as opposed to inheriting a fortune); many have close ties to Russian President Vladimir Putin. Register in seconds and access exclusive features. While the cost of living in some of the cities in these nations is low, it comes at the price of a weak currency, poor economy, and, in many cases, political and economic turmoil. Companies that have offices in Boston include BNY Mellon, Goldman Sachs and Microsoft. These industries include manufacturing, energy, information tech, finances, telecommunications, education, and telecommunications. Five are new billionaires from the finance industry, including private equity wizards, . Interactive map Top 10 Poorest Countries In The World 1. Its wealthiest resident, , chairman and CEO of Internet media behemoth Tencent Holdings, is the, . It is home to 304,900 resident millionaires, making it the city with the second most millionaires in the world. 6 and No. Furthermore, the Big Apple was also a popular destination for entrepreneurs and innovative businesses, furthering its reputation as a financially-savvy city. Other industries which influence the economy of Boston include the biotech industry, tourism, finance services and several Fortune 500 companies. "The Sy siblings took the biggest hit in dollar terms but remain at No. But the Nations Valentine has so much more to offer. The richest person in New York City is Bloomberg LP founder and former Mayor Michael Bloomberg, who spent nearly $1 billion of his $48 billion fortune on a failed presidential campaign before dropping out in March to endorse Joe Biden. The Shenzhen Special Economic Zone was created in May of 1980 and is based on Irelands Shannon Free Zone. Frankfurt in Germany is the second richest city after Dublin with an income of $102,941 per capita. The City of Chicagos economy is home to a strong financial sector which includes the Chicago Board of Trade, NYSE Arca, Chicago Mercantile Exchange, Chicago Board Options Exchange and the Chicago Stock Exchange. This is because they are supposed to get a better idea, Read More When is it OK to Buy a House Site Unseen as an Investor?Continue, You might be thinking of relocating to New Hampshire for work or other reasons. The TYO encompasses over 3,700 listed companies and a market value estimated at JPY 600 trillion (or approximately $42 billion USD). By 900,. Here are the 10 leading cities for the wealthy for 2019. Dubai in top 10. These are of very low quality and should be avoided. Moscow is the only other city among the top 10, besides Shenzhen, where every single billionaire is self-made (as opposed to inheriting a fortune); many have close ties to Russian President Vladimir Putin. You only have access to basic statistics. Trip Ideas; Moscow. (Video) TOP 10 RICHEST CITIES In The World 2021 (Uncover) Which is the richest city in the world 2022? Out of the 2,095 members of the 2020 Forbes Worlds Billionaires list, 552 live in just ten cities. The median home value for the lower Tribeca area is around $2.5 million. Though affordability sounds good at face value, sitting at the bottom of the ranking isnt necessarily a coveted position. This may not be surprising, considering the U.S. is the world's largest wealth marketit holds over 29% of the world's wealth. Lets take a closer look at some of the top-ranking cities making the list. The metropolitan area of Rhine-Ruhr is divided into 3 regions, and each region contributes to the GDP of the entire Rhine-Ruhr metropolitan area. Additionally, the world's major companies are headquartered in Seoul, which include Samsung, Hyundai, LG, and Kookmin Bank. Additionally, the citys real estate market is known for being expensive, with sky-high property values and rents. The top ten richest cities in the world based on private wealth include: Delhi City. According to Investopedia, Gross domestic product (GDP) is the total monetary or market value of all the finished goods and services produced within a countrys borders in a specific time period. In this case, we are looking at the GDP of metropolitan statistical areas, and not countries. Apart from the cost of a home, examining how, Read More What is the Cost of Living in New Hampshire?Continue, Mexicos proximity to the US makes it a hugely popular option for American expats and retirees. "Leading Cities with The Most Billionaires in 2022. 2. Four cities made the list for the first time: Blackhawk, California; New Albany, Ohio; Long Grove, Illinois; and Darnestown, Maryland. A big economic draw for San Francisco is its close proximity to Silicon Valley. A good part of their revenue comes from their port, which is the largest container port in the world. The third-wealthiest country in Asia is Japan, with just over $5.3 trillion. In some U.S. cities, however, more than half of all households earn $70,000-plus. This list is incomplete, as not all companies disclose their information to the general public. Statista. area followed by Delhi, Kolkata, Bangalore and Chennai. If you are an admin, please authenticate by logging in again. Its no surprise that its capital city of Damascus has maintained its position as the worlds cheapest city. Tourism is another major contributor to the economy of Philadelphia. Current Health Expenditure per Capita. Beijing, China: $591.374 Billion Beijing is the capital of China and has a population of over 20 million. Due to heavy investment into research and development, high-tech companies in Shenzen have consistent government support. [3] The methodology of calculating GDP may differ between the studies and are widely based on projections and sometimes approximate estimations, notably for cities that are not within the Organisation for Economic Co-operation and Development. In pre-Covid times, Chicago clocked round 55 million tourists in 2017. RICHEST RESIDENT: VLADIMIR POTANIN, $19.7 BILLION Getty Images Moscow is the only other city among the top 10, besides Shenzhen, where every single billionaire is self-made (as opposed to. Liz loves the process of researching information, learning new things, and putting into words what others who share her interests might like to read. For instance, the city of New York is a metropolitan area made up of 5 boroughs with each borough contributing to the cities overall GDP. Devoted to encouraging economic development, Chicagos Department of Planning and Development has a number of economic development initiatives. Basically, the metropolitan areas of Maastricht. Learn more about how Statista can support your business. Furthermore, Tokyo owns 10% and close to 16% of Japan's officespace and workers, respectively. Let me take you through the updated list of the World's richest cities as of 2022. Major metropolitan areas contributing at least 2.5% of world GDP. Visualizing the Global Share of U.S. Stock Markets. For instance, billionaires like Zhang Yiming, founder of TikTok, calls the capital city home (with a net worth of about $35.6 billion USD)! Fortune Global 500 companies housed in Moscow include Gazprom, Rosneft Oil and Sistema among others. He also praises the seafood, arts scene and welcoming atmosphere, though other critics call Seattle residents overly materialistic. Asia is the region with the second most millionaires with six cities in the mix. The Southeast Asian city-state gained nine new billionaires since 2019, while the South Korean capital recorded a net loss of ten members of the three-comma-club. Greater Mumbai still is the most populated city in its 440 sq. Mumbai - City Of Dreams. If youre looking, Read More The 20 Cheapest Places to Buy Land in the U.S. 2022Continue. Home to the New York Stock Exchange (NYSE) and the famous American street of Wall Street, New York is regarded as one of the world's wealthiest cities. The wealthy city-state has 31 billionaire residents, up from 22 last year, and replaces Seoul in the top 10. She was the wife of Jeff Bezos, founder of Amazon. New York is the wealthiest city in the worldhome to 345,600 millionaires with a total private wealth that exceeds $3 trillion. You need at least a Starter Account to use this feature. London and the rest of the United Kingdom finally left the European Union on January 31st, 2020. The city by the bay has five fewer billionaires than a year ago in part because fortunes fell below $1 billion for former Uber CEO, . 4, respectively. Though London had a net gain of one new billionaire this year, this city that appeals to the worlds elite actually has five new billionaire residents who hail from outside the United Kingdom, including Russian brothers Dmitry and Igor Bukhman, founders of online gaming firm Playrix; and Camilla de Godoy Bueno Grossi, who inherited part of the fortune of her late father, Brazilian healthcare tycoon Edson de Godoy Bueno. Moreover, when it comes to its residents, there are about 9,210 multi-millionaires calling London home, as well as 38 billionaires. Much like Shanghai, Beijing enjoys a reputation as one of the Asia's (and the world's) wealthiest cities. It is also home to Wall Street, the financial capital of the US and the world. Cities become expensive due to a variety of factors such as high demand for housing, a concentration of high-paying businesses and industries, and a high standard of living. Two of those in Beijing are new billionaires this year: of TAL Education Group, both of whom own companies that provide online education and after-school tutoring for students. He is popularly known for his role as Madea on House of Payne. New York City, USA: $1,330.000 Billion. A little known fact is that L.A. is the manufacturing center of the country. Other Shanghai entrepreneurs are newcomers to the list, including Wang Jilei, who draws his wealth from express delivery firm ZTO Express, and Chen Rui, whose anime and entertainment site Bilibili saw an uptick in demand after it gave residents of locked down areas free access to premium content. Other notable NYC billionaire residents include hip-hop superstar Jay-Z and Julia Koch, the widow of former Koch Industries magnate David Koch. Industries critical for L.A.s economic success include entertainment, international trade, gaming, tourism, fashion and more. Keep in mind that state-owned corporations in China get tremendous government support no matter what the economic conditions, even Global 500 companies like SAIC Motor and China National Petroleum. Palo Alto - $147,537 Other industries which thrive here are those in high-tech, scientific R&D, professional services such as legal, insurance, finance and public administration. Which cities and regions have the biggest concentrations of millionaires around the world, each with a net worth greater than $1 million (USD)? In 2022, the combined wealth of India's 100 richest increased by $25 billion to touch $800 billion. In the latest edition of the ranking, North America has a strong showing with seven of the wealthiest cities, by number of millionaires. In 2019, the Northern California city attracted 26.2 million visitors who spent around $10.3 billion USD in the city. Montgomery Street is considered the Wests Wall Street and is located in San Francisco. Tokyo is the most fascinating city to live in but also the most densely packed. In other words, the city produces poor copies of everything from designer fashions to scooters. Richest Resident: Colin Zheng Huang, $55.3 Billion Shanghai remained at number six despite adding 18 new billionaires and Colin Zheng Huang is the richest resident of the city. Like the other cities mentioned in our list of the richest cities of the world, the economy of Washington, D.C. is a diverse one. These four cities are, Singapore broke into the top 10, replacing Seoul, which was No. Industries that contribute to New York Citys economy are health care, tourism, real estate, tech, publishing, fashion, media and insurance, among others. New York City: 107 Billionaires. Regarded as China's financial hub, this bustling city is home to the Shanghai Stock Exchange, one of the largest stock exchanges in the world. Beijing also has the dubious distinction of being the knock-off capital of the world. New York is home to many Fortune 500 companies and is the financial heart of the United States, with the New York Stock Exchange and NASDAQ located in the Big Apple. 30 in the index, a. . The Periodic Table of Commodity Returns (2013-2022), Visualizing 25 Years of Lithium Production, by Country, Ranked: The Worlds Largest Copper Producers, All the Metals We Mined in 2021: Visualized, Chart: Automakers Adoption of Fuel-Saving Technologies, Explainer: What to Know About the Ohio Train Derailment, A Visual Crash Course on Geothermal Energy. Not surprisingly, China is home to three of these cities, including Hong Kong (SAR). Fortune Global 500 companies in Tokyo include: Honda Motors, Hitachi, Sony, Mitsubishi and more. Mumbai gained one billionaire resident since 2019, losing five billionaires but adding six newcomers. According to the Hurun Global Rich List 2022, the leading city with the most billionaires in 2022 was Beijing. The top 10. At 89 years old, Warren Buffett is the oldest richest person by 5 years. In total, these 30 people control. Shanghai. This is a list of cities in the world by gross domestic product (GDP).The United Nations uses three definitions for what constitutes a city, as not all cities may be classified using the same criteria. Singapore and New York City tied for the first rank amongst the worlds most expensive cities in 2022, pushing Israels Tel Aviv from the first place in 2021 to the third place in 2022. About 300 cities have population over 1,00,000. 10. 1. Here are the Top 10 Richest Places in America and how they split their Heroes Act bailout allocation: #1. It goes without saying that due to its history tourism is a huge draw when it comes to obtaining revenue. Other industries driving their economy are tech, tourism, and the service industries such as hospitality. Organisation for Economic Co-operation and Development, List of most expensive cities for expatriate employees, List of country subdivisions by GDP over 200 billion US dollars, "Gross Domestic Product: Implicit Price Deflator", "Standard country or area codes for statistical use (M49): Geographic Regions", "Global Wealth GDP Nominal Distribution: Who Are The Leaders Of The Global Economy? 12. The Top 5 Cities in Mexico. Currently, 43 Fortune 500 companies that call New York City home include: Verizon, JP Morgan, Pfizer, Citigroup, MetLife, Goldman Sachs, Morgan Stanley, and more. Though San Francisco relishes in its economically wealthy reputation due to the nature of Silicon Valley and its billionaire population, Los Angeles enjoys a similar status. With the onset of free-market reforms in the 1990s, Beijing saw its economic development soar. Profit from the additional features of your individual account. Its been rapidly replaced by information tech and financial services. There are 4,000 cities and towns in India. Moreover, much of London's wealth is concentrated in neighborhoods like Westminster, Kensington, Islington, and Chelsea. The PPP value of a city (or country) is commonly used by macroeconomic analysts and economists, as its a popular metric to determine a city's standard of living and economic prosperity. Industries that have found success in the city include food processing, manufacturing, publishing, insurance and tourism. Today, with 272,400 millionaires, the city holds a more humble position. The current state of the Moscow economy isnt as bright as it was earlier in the year due to sanctions. In 2020, New York had the largest number of ultra wealthy individuals (UHNW), reaching 11,475 people. Home to thousands of millionaires, wealthy Parisian neighborhoods include the 7th Arrondissement, the Boulogne-Billancourt, Saint-Cloud, and Neuilly-sur-Seine. Most of the cities in our list have a similar history in terms of long-standing economical power (Tokyo, Paris, London), while others seem to have gained most of their wealth in the past 2 to 3 decades (San Francisco.). Currently, you are using a shared account. In order to recoup losses, in June of 2022, the city of Shanghai released a post-lockdown business recovery plan. The richest city in the world is Tokyo. Follow Us. Los Angeles is not California's only wealthy city! The Chinese capitals tally of ten-figure-fortunes rose by six since last year to reach 67 billionaires. Caloocan City: $360 million. Paris, which has topped the ECA list in the past, dropped out of the top 30. The company currently focuses on its four core brands: Cadillac, Chevrolet, GMC and Buick. In an attempt to rank the cities of the world according to wealth, we will use the Purchasing Power Parity (PPP) as a means of comparison. 5. With the onset of free-market reforms in the 1990s, Beijing saw its economic development soar. Tokyo is also a major center for banking and insurance, and is home to many multinational companies like Honda and Sony. Top 10 Richest Asian Countries (2020 GDP, Int$ PPP - World Bank) China - $24.27 trillion; . New York City (NYC), which lost the number one slot to Beijing in 2021, has added eight new billionaires with a total net worth of $640.4 Billion. Rankings of Cities and Municipalities are based on the sum of their scores on 4 Pillars: Economic Dynamism, Government Efficiency, Infrastructure, Resiliency, and Innovation.Provincial rankings are based on population and income weighted average of the Overall scores of cities and municipalities under a province. Kolkata is the third richest city in South Asia after Mumbai and Delhi. In 2022, cities with strong oil and gas industries like Riyadh, Sharjah, Dubai, Luanda, Abu Dhabi, Doha, and Lagos grew exceptionally. Dublin is the wealthiest city, with a per capita income of $115,094. The PPP is a way to meaure prices in different countries (and ultimate convert between currencies), based on the equal amount of goods and services that can be bought. L.A. is also abuzz with development projects, such as refurbishing businesses like Manns Chinese Theater, as well as infrastructure projects. In fact, Seoul is known as the most wired city in the world due to the high concentration of high-tech industries. Kolkata- GDP $150.1 Billion. Tokyo has 39 million residents which are 50% more than any other urban area of the world. It had about 2,000 inhabitants at the time. According to Jennifer Reynolds, Pre4sident and CEO of Toronto Finance International, Torontos success is due in large part to the strength and significant growth of its financial industry. Major sectors there include: real estate and fund management. Penthouses in the 30 Park Place complex are currently listed for 10 times as much. However, today it has moved on to other, more profitable economic interests such as finances, high tech and insurance, to name a few. Sweeping sunsets, desert landscape, and breathtaking canyonsthese are the things that most everyone think of when someone says Arizona. Boston-Cambridge-Newton, Massachusetts. The richest person in New York City is Bloomberg LP founder and former Mayor, $1 billion of his $48 billion fortune on a failed presidential campaign before dropping out in March to endorse Joe Biden. If we're looking at cities in terms of total wealth, then the Big Apple leads the pack by a country mile. By 500 A.D., Constantinople modern-day Istanbul was home to about half a million people (it's now the fourth-largest city on the planet). Kim Kardashian- $1 billion. Washington, District of Columbia: $578.985 Billion, 4. The city contributes about 30% of goods sold in Russia. When is it OK to Buy a House Site Unseen as an Investor? Shipping isnt the only industry which brings revenue into SEZ, its also the sizable industrial parks, high-tech industries and of course, trade. The collective net worth of the citys billionaires is $424 billion, down $45.7 billion from a year ago. Foreign corporations such as IBM, Nestle, Hewlett-Packard and more flooded Beijing, causing a rapid economic expansion. Moscow is also home to a population of "nouveau riche" Muscovites and prominent neighborhoods, with properties that can cost millions of dollars. This video will compare the top 50 richest people in the world by net worth in 2020. 13. This city's success is due to its industrial and manufacturing activity, made up of a technology-savvy and highly skilled work force. Seven cities have population more than 3 million. 50 Richest Countries in the World 2020. The 150 richest cities in the world by GDP in 2020 11 March 2007: The tables provide GDP figures for cities and their surrounding urban areas in 2020. China is crucial to the worlds supply chain, and Shenzhens container port is one of the largest. San Ramon ranks among the top ten safest cities in California. 2022 Rankings of Highly Urbanized Cities. Use Ask Statista Research Service. He is worth $1 billion, becoming the richest actor in the world. Florence, Italy - 2.59% Millionaires. China retains its title as the country with the most cities in the top 10, with Shenzhen moving up one spot to No. Loudoun County is the richest county in the USA, with an estimated average household income of $ 117,876. Tokyo may not be as wealthy as New York, but this megacity remains one of the richest cities in Asia. Newcomers from other sectors also joined the ranks, including AI pioneer, Hong Kong remains No. It is the largest urban economy on the planet. Please create an employee account to be able to mark statistics as favorites. As such when it comes to the richest cities in the world, New York City comes in at number 2. Otherwise, Los Angeles enjoys wealth from other industries related to biosciences, trade, information, transportation, and aerospace. Besides thriving on industries related to finance, tourism, and media, London's wealth is also linked to the London Stock Exchange (LSE). Makati City: $4.48 billion. Five are new billionaires from the finance industry, including private equity wizards Tony Tamer and Steven Klinsky. 2 on the list, but the city recorded a net loss of eight billionaire residents. Reportedly, the top 20% earners in the city have an average salary of over $280,000 USD, with the top 5% earning over $530,000 USD. Hong Kong is once again the city with the second most billionaires in the world. , is also Chinas richest restaurateur the owner of Sichuan hot pot chain Haidilao is $4.2 billion richer than he was in 2019, thanks to a 53% rise in the companys stock over the past year. The cannabis business is rather recent, but also encourages financial growth for the city. Compared to many other states, Kentucky has low, Read More The 20 Safest Places to Live in KentuckyContinue, The price of land jumped dramatically from 2020 to the present. The manufacturing and export hub across from Hong Kong added five members to the three-comma-club in the last year, all of them self-made. The Football Lovers Menu News Premier League Manchester City Manchester United Liverpool Chelsea Arsenal Leicester City Tottenham Hotspur West Ham United Everton Transfers Top 10 Quizzes Leading cities with the most billionaires in 2022 [Graph]. $516.5. Founded in 1630, Boston is one of our countries oldest cities. Values soared as interest rates on loans went down in a sellers market, which made it tougher to find affordable properties. The cities shown in our visualization are already well-established locations for high-net-worth individuals. This international city has over 192,000 resident millionaires with 34 billionaires. American retail corporation Walmart has been the world's largest company by revenue since 2014. (((61/33)^(1/15))^10)*33 and (((33/21)^(1/15))^10)*21. Mumbai gained one billionaire resident since 2019, losing five billionaires but adding six newcomers. Which Countries are Buying Russian Fossil Fuels? Ian Lurie on Quora calls Seattle "one of the most beautiful U.S. cities you'll find, with lots of lakes, the bay, mountains and green stuff.". Beijing's richest billionaire is the founder of TikTok (among other things), Zhang Yiming with a net worth of $35.6 billion. Tokyo, Japan- GDP: $1,520 billion. 27. The 10 Best Places to Live in Mexico for Americans, The 20 Cheapest Places to Buy Land in the U.S. 2022, 20 Cities with The Worst Weather in Europe, How Zac Stacy Achieved a Net Worth of $6 Million. However, its also a city steeped in industry. Refer to sources for more information. Its also host to the headquarters of around 75 percent of the worlds Fortune 500 companies. 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