Pune - Oxford Of The East. For the first time, revenues from Global 500 companies in Greater China (including Taiwan). It had about 2,000 inhabitants at the time. Newcomers from other sectors also joined the ranks, including AI pioneer, Hong Kong remains No. The cannabis business is rather recent, but also encourages financial growth for the city. Moscow. 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. After all, Paris is one of the hotbeds of world tourism, its the city of love and art. I cover the world's richest people and how they made their billions. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Though residents are keen on investing in the real estate market, younger generations are finding it difficult to afford a home in Seoul due to the rising cost of real estate property and rising economic insecurity. Tokyo is also a major center for banking and insurance, and is home to many multinational companies like Honda and Sony. The Top 15 Cities in Asia in 2020. 2 on the list, but the city recorded a net loss of eight billionaire residents. 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. Km. London, United Kingdom: $978.402 Billion, 2. Delhi City. Taguig City: $480 million. Barcelona, Spain Rome, Italy Madrid, Spain Singapore, Singapore Amsterdam, Netherlands Prague, Czech Los Angeles, USA Chicago, USA San Francisco, USA Berlin, Germany Hong Kong, China Washington, USA Beijing, China Dublin, Ireland Istanbul, Trkiye Las Vegas, USA Milan, Italy Budapest, Hungary Toronto, Canada Sydney, Australia Seoul, South Korea , 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. Seven cities have population more than 3 million. The Top 5 Cities in Mexico. The Shenzhen Special Economic Zone or SEZ is an important business and financial services center in China. This list is incomplete, as not all companies disclose their information to the general public. While Shenzhens export-led manufacturers have struggled from the effects of the trade war with the U.S., the citys billionaires added $29.7 billion to their collective net worth since 2019. The wealthy city-state has 31 billionaire residents, up from 22 last year, and replaces Seoul in the top 10. At its peak, General Motors enjoyed a 50% market share in the United States. Mapped: Europes Biggest Sources of Electricity by Country, Visualizing the Scale of Global Fossil Fuel Production, Visualizing U.S. 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. 2. - Full Size", "Global Wealth PPP Distribution: Who Are The Leaders Of The Global Economy? $520.1. Trip Ideas; The four cities that made the top 50 in 2019 but did not make . 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, . Fortune 500 companies include Discovery Communications, Fannie Mae, Walmart and CACI International among others. As such, you can see how anything affecting these shipping ports will have a negative impact on world wide supply chain logistics. 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. to incorporate the statistic into your presentation at any time. We added hundreds of new lists - see our top 101 city lists. Furthermore, being a world-class city, Seoul's cost of living is high compared to other cities in Asia, especially in regards to its real estate prices. In fact, Seoul is known as the most wired city in the world due to the high concentration of high-tech industries. Interactive map Visualizing the Global Share of U.S. Stock Markets. Founded in 1630, Boston is one of our countries oldest cities. As of March 2023, MacKenzie Scott's net worth is estimated to be $33.3billion. While such metrics are not all encompassing, these measurements of private wealth do help put the financial health and economic activity of some of the worlds wealthiest cities in perspective. Dallas plays host to a variety of industries, and its these industries which are responsible for the economic growth of the Dallas metropolitan area. As such when it comes to the richest cities in the world, New York City comes in at number 2. 6 and No. Despite being significantly smaller than Los Angeles, San Francisco houses more millionaires than its southern California counterpart. 27. Atherton, CA (income: $525,324/ bailout: $3.8 million) - With a median home price of. Both these cities had high inflation and a strong currency. Rounding out the top three cities is Tokyo, with $2.5 trillion in private wealth. The cities shown in our visualization are already well-established locations for high-net-worth individuals. Furthermore, Los Angeles' wealth is also tied to its appeal to immigrants and innovative companies involved in information and technology. 1. Liz loves the process of researching information, learning new things, and putting into words what others who share her interests might like to read. Those include Abhay Vakil, who heads Indias largest paint company, Asian Paints, and the Parekh brothers, who control adhesives and sealants maker Pidilite Industries. With the onset of free-market reforms in the 1990s, Beijing saw its economic development soar. In order to recoup losses, in June of 2022, the city of Shanghai released a post-lockdown business recovery plan. More than 80% of Russias billionaires call its capital home, including mining mogul Vladimir Potanin, who is also the richest person in the nation. According to the Hurun Global Rich List 2022, the leading city with the most billionaires in 2022 was Beijing. The country is entirely landlocked and is surrounded by Rwanda, Tanzania, and the Democratic Republic of Congo. He is popularly known for his role as Madea on House of Payne. statistic alerts) please log in with your personal account. Meanwhile, Barcelona dropped to No. At 89 years old, Warren Buffett is the oldest richest person by 5 years. The USA is the only country with a large surface area and population among the highest-ranking nations, ranking eleventh. , a member of the citys Raheja real estate clan, who was worth an estimated $2.3 billion last year. Let me take you through the updated list of the World's richest cities as of 2022. Its known as the mecca of tech innovation, and as a result, the region has a high concentration of wealthy individuals. And for the sixth year in a row, more billionaires call New York City home than any other city in the world. 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. The TYO encompasses over 3,700 listed companies and a market value estimated at JPY 600 trillion (or approximately $42 billion USD). Furthermore, the Big Apple was also a popular destination for entrepreneurs and innovative businesses, furthering its reputation as a financially-savvy city. Principal industries which were the engine behind Moscows economy are textile, metallurgy, energy, and chemical. Follow Us. Ever since, San Francisco has remained a strong financial stronghold for the state of California. 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). Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. London is known for its financial and business sectors, and it attracts a significant number of high-earning professionals who contribute to its reputation as a hub of wealth and luxury. New Delhi- GDP $293.6 Billion. It has more sunshine than Florida, Read More The 20 Safest Places to Live in ArizonaContinue, Generally speaking, when people set out to buy a property, they are recommended to check out the property in person before making the purchase. As a Premium user you get access to the detailed source references and background information about this statistic. Shipping isnt the only industry which brings revenue into SEZ, its also the sizable industrial parks, high-tech industries and of course, trade. 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. 50 Richest Countries in the World 2020. It has a diverse stable economy ranging from Gas Extraction and Manufacturing, Companies and Enterprise, and Retail Trade. Washington, District of Columbia: $578.985 Billion, 4. 2. Houstons economy is diverse, from the worlds largest petrochemical manufacturing center to health care and medical research, real estate, finance, and information tech industries. As soon as this statistic is updated, you will immediately be notified via e-mail. 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. Despite suffering a tough downturn due to the pandemic, Shanghai remains one of the worlds richest cities. The international city of romance boasts an economically wealthy status. 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. The San Francisco Bay Area boasts 276,400 millionaires. Otherwise, Los Angeles enjoys wealth from other industries related to biosciences, trade, information, transportation, and aerospace. All maps, graphics, flags, photos and original descriptions 2023 worldatlas.com, The World's Most Populated Capital Cities. This video will compare the top 50 richest people in the world by net worth in 2020. Liz Flynn has worked as a full-time writer since 2010 after leaving a career in education. Other notable NYC billionaire residents include hip-hop superstar, , the widow of former Koch Industries magnate. Elon Musk Elon Musk is a South African-born Canadian-American businessman, investor & the richest person in the world. Well-known corporations that reside in SEZ are Tencent, Huawei and DJI. Does your team make it in the top fifty richest soccer clubs in 2022? In addition, Singapores political stability, low crime rate, and high standard of living have also contributed to its appeal as a place to live and work. It is also home to Wall Street, the financial capital of the US and the world. London is ranked second with $2.7 billion in private wealth. In other words, the city produces poor copies of everything from designer fashions to scooters. If youre looking, Read More The 20 Cheapest Places to Buy Land in the U.S. 2022Continue. Currently, 43 Fortune 500 companies that call New York City home include: Verizon, JP Morgan, Pfizer, Citigroup, MetLife, Goldman Sachs, Morgan Stanley, and more. The Big Apple has historically been a hub for trade and investment, due to a buzzing port and its very well connected location, with rivers and canal systems reaching out to the midwest. Boasting a population of over 300,000 resident millionaires, Tokyo is also home to a dozen billionaires. the country's economy as a whole is one of the fastest growing in the world. Kolkata is house of many Indian corporations like Coal India Limited, ITC Limited, Britannia Industries, Allahabad Bank,. From Singapore To New York City, more than 26% of the worlds 2,095 billionaires live in just 10 cities on three continents. Other profitable sectors include information technology, medical technology, retail, financial and legal sectors. 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. New York City is also considered the country's leader in finance due to its storied past. Not surprisingly, China is home to three of these cities, including Hong Kong (SAR). Dubai in top 10. $516.5. 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. 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. 5. Penthouses in the 30 Park Place complex are currently listed for 10 times as much. A paid subscription is required for full access. Being a prominent city in Asia, Shanghai is home to over 24 million people, there are about6,180 multi-millionaires and 42 billionaires living in Shanghai. You only have access to basic statistics. Cities may be defined as the cities proper, the extent of their urban area, or their metropolitan regions. Kolkata is the third richest city in South Asia after Mumbai and Delhi. China's capital city offers services in key sectors related to finance, information technology, scientific research, and industry. For instance, billionaires like Zhang Yiming, founder of TikTok, calls the capital city home (with a net worth of about $35.6 billion USD)! London City | Photo: Reuters 7. Current Health Expenditure per Capita. Profit from the additional features of your individual account. For the fourth straight year, Atherton topped Bloomberg's Richest Places annual index. Access to this and all other statistics on 80,000 topics from, Show sources information This included plans of action to assist with rent, taxes, business subsidies and more. Accessed March 04, 2023. https://www.statista.com/statistics/299494/billionaires-top-cities/, Hurun Research Institute. This large metropolitan area has a history of being the hub of Germanys heavy industry sector. Here are the Top 10 Richest Places in America and how they split their Heroes Act bailout allocation: #1. 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Much like Shanghai, Beijing enjoys a reputation as one of the Asia's (and the world's) wealthiest cities. The largest economy in states, New York Citys prosperity is rooted in Wall Street. This infographic uses information from the Henley Global Citizens Report, in partnership with New World Wealth, to rank the worlds wealthiest cities. City of Clayton -$146,225. Learn how your comment data is processed. Though still bruised and battered by the effects of the pandemic, New York City is holding true to its reputation as a tough and resourceful city. 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. Kuwait (-4) will be the worst loser, followed by The Bahamas (-3) and Iceland (-3). Washington, D.C.. Alongside its growing wealth, San Francisco is also one of the fastest growing cities in the country. Available: https://www.statista.com/statistics/299494/billionaires-top-cities/, Leading cities with the most billionaires in 2022, Available to download in PNG, PDF, XLS format, Global billionaire population by region 20121, Growth of billionaire wealth globally 2020, by industry, Age distribution of billionaires globally 2021, Value added to the wealth of the world's leading billionaires during pandemic 2021, Number of billionaires worldwide by wealth source 2021, Wealth distribution of billionaires around the world 2021, Total wealth distribution of billionaires around the world 2021, Share of the global wealth held by the richest percent 2010-2021, Distribution of billionaires worldwide 2021, by gender, Youngest billionaires globally 2022, by net worth, Richest self-made women in the United States 2022, based on net worth, Distribution of billionaires in the U.S. by gender 2022, Source of billionaire's wealth worldwide in 2020, by gender, Number of ultra high net worth individuals 2021, by region, Ultra high net worth individuals 2021, by country, Share of the world's billionaires by region 2021, Number of billionaires in Europe in 2021, by country, Wealth of billionaires around the world by region 2021, Primary industries of billionaires worldwide 2021, Breakdown of the average billionaire's wealth worldwide 2021, by assets, Most affluent people in the tech industry worldwide 2022, by net worth, Countries with the biggest emigration of millionaires 2020, Average net worth of billionaires worldwide, 2013, Top 10 countries by average wealth of billionaires 2013, Top 10 countries by the number of billionaires per capita 2013, African cities with the most billionaires, as of 2014, Educational attainment of billionaires worldwide, 2013, Number of billionaires in Africa 2013, by country, Gender distribution of billionaires worldwide, 2013, Top 10 countries by percentage of female billionaires 2014, Average number of children of billionaires worldwide, 2013, Marital status of billionaires worldwide, 2013, Source of billionaire's wealth worldwide, 2013, Average age of billionaires worldwide, 2013, Number of billionaires in select European cities 2014-2018, Top 10 countries by the percentage of female billionaires 2013, Investments of high-net-worth individuals, Find your information in our database containing over 20,000 reports, the most significant industries in the global billionaire production line. 13. Reportedly, Moscovites earn a higher salary compared to national average, with many much of their income tied to renting real estate property and entrepreneurial ventures. (Video) TOP 10 RICHEST CITIES In The World 2021 (Uncover) Which is the richest city in the world 2022? Cebu City: $660 million. 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.". A huge part of this development was the influx of multi-national corporations. London: 63 Billionaires Since Last Year: +7 Total Net Worth: $316.1 Billion Richest Resident: Len Blavatnik, $32 Billion As a Premium user you get access to background information and details about the release of this statistic. 2 on the list, but the city recorded a net loss of eight billionaire residents. Additionally, approximately 18% of Japan's universities are found in Tokyo. Tripoli and Tehran, the capitals of Libya and Iran, respectively, follow next on this list, reflecting their weakened economies. Toronto is the second largest financial center in North America, Like New York City, Torontos financial hub is populated by diverse industries. The Chinese capitals tally of ten-figure-fortunes rose by six since last year to reach 67 billionaires. "The Sy siblings took the biggest hit in dollar terms but remain at No. Los Angeles, Chicago and Houston round out the top five. March 17, 2022. 1. It is the largest urban economy on the planet. 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. These initiatives include the Small Business Improvement Fund, the Chicago Recovery Grant, Special Service Area Program, Tax Increment Financing and more. Image Source. This California city is home to prominent billionaires like Mark Zuckerberg, Laurene Powell Jobs, Brian Chesky, and Jack Dorsey, with many of these billionaires possessing assets worth over $8 billion USD. However, Shanghai is one of Asia's most expensive cities to live in, due to its high cost of living, from real estate to daily transportation. Using data from Wealth-X, here's a look at the top 10 cities with the highest UHNW populations: It's worth noting that six of the top 10 UHNW cities are in America. Each of the columns in the table is sortable by pressing on the arrows at the head of the column: Cities (metropolitan areas) by percentage of national GDP. Blessed with an affordable cost of living, two stunning shorelines, vibrant cities, and swathes of glorious scenery, its understandable, Read More The 10 Best Places to Live in Mexico for AmericansContinue, If you live in Kentucky already, then youll already be well aware that when it comes to crime, the Bluegrass State is doing pretty well for itself. Cities may be defined as the cities proper, the extent of their urban area, or their metropolitan regions. However, invading a sovereign nation had its consequences, and Russias entire economy is in a state of disrepair. Five are new billionaires from the finance industry, including private equity wizards Tony Tamer and Steven Klinsky. Visakhapatnam - Industrial Port Of India. Let's consider New York City. Here are the 10 cities in the world with the most billionaires: New York City notched the top spot for the sixth year running, growing its count of billionaire city dwellers by eight compared to 2019. Beyonc, Jay Z and Taylor Swift are just a few of the celebrities who own property in Tribeca. A massive powerhouse in Seoul is Samsung. 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.
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