Gautam Shantilal Adani. Chicago, which serves as the home base for 35 Fortune 500 companies, is home to 160,100 millionaires, 340 centimillionaires and 28 . 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. 50 Largest Cities in the World - 24/7 Wall St. This large metropolitan area has a history of being the hub of Germanys heavy industry sector. To use individual functions (e.g., mark statistics as favourites, set Everything from financial services, fashion, digital media, the food/beverage industry and tech found a home in Toronto. Before the Ukraine invasion, Moscow was the economic hub of Russia. Houstons economy is diverse, from the worlds largest petrochemical manufacturing center to health care and medical research, real estate, finance, and information tech industries. Frankfurt in Germany is the second richest city after Dublin with an income of $102,941 per capita. Although she spends most of her time writing, she also enjoys spending time with her husband and four children, watching films, cooking, dining out, reading, motorsports, gaming, and walking along the beach next to her house with her dog. Accessed March 04, 2023. https://www.statista.com/statistics/299494/billionaires-top-cities/, Hurun Research Institute. Km. Newcomers to the billionaire ranks who live in San Francisco include private equity dealmaker. Delhi city is the second most populated city in the world with a 30,291,000 million population. London has been the worlds wealthiest city for years, but over the past decade there has been an outflow of millionaires. In total, these 30 people control. You can only download this statistic as a Premium user. 2. This is due in part to the countrys strong economic growth and favorable business environment, which has attracted many wealthy individuals and families to the country. 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. On a related note, there is a sizeable population of secondary homeowners in London. In 2020, New York had the largest number of ultra wealthy individuals (UHNW), reaching 11,475 people. But the Nations Valentine has so much more to offer. 2 on the list, but the city recorded a net loss of eight billionaire residents. Kolkata- GDP $150.1 Billion. - Full Size", "Global Wealth PPP Distribution: Who Are The Leaders Of The Global Economy? Leading cities with the most billionaires in 2022 [Graph]. Besides being a major educational hub and commercial space, Tokyo's economy relies on industries related to healthcare, communications, transportation, and real estate. Known as a center of learning due to the many high caliber universities in the city such as Osaka and Kansai universities, Osaka attracts creative and innovative industries. 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. Indian richest cities 2021. It takes decades of consistency for these factors turn a place around in terms of success and richness; a city can not accumulate wealth overnight, and if it does, this wealth will most likely not stick around for long. Well-known corporations that reside in SEZ are Tencent, Huawei and DJI. Top 10 Richest Cities In The World - IndiaTimes Boasting a financially fruitful economy, the Big Apple is known for its abundantly wealthy population, with a the collective wealth of over $3 trillion USD. The wealthy city-state has 31 billionaire residents, up from 22 last year, and replaces Seoul in the top 10. The TYO encompasses over 3,700 listed companies and a market value estimated at JPY 600 trillion (or approximately $42 billion USD). Show publisher information Despite suffering a tough downturn due to the pandemic, Shanghai remains one of the worlds richest cities. Leading billionaire cities 2022 | Statista Richest Cities In The World 2023 Top 10 List | Glusea.com The headquarters of several cities are also found in Tokyo, which include Honda, Sony, Hitachi, and Mitsubishi. On this list, New York City was ranked as the richest city with a total of $3 trillion in private wealth. Washington, District of Columbia: $578.985 Billion, 4. After their divorce, MacKenzie received a 4% stake in Amazon, which was worth about $35 billion at the time. Being China's largest city, Shanghai also houses on of the world's largest ports, due to its proximity to the Yangtze River Delta. Current Health Expenditure per Capita. Statista. In detail, 144 billionaires resided in the capital of China. 2. As such, you can see how anything affecting these shipping ports will have a negative impact on world wide supply chain logistics. Kim Kardashian- $1 billion. Among Singapores newcomers are gaming tycoons Forrest Li and Gang Ye, cofounders of the online gaming and e-commerce firm Sea; both industries have benefited from people staying indoors and spending more time online. But if this inflation is compounded with a strong national currency, you may live in one of the worlds most expensive cities. Kolkata is the financial, commercial and industrial hub of the North East region. Property prices fell 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 newcomer real estate developer Lun Ruixiang. The 20 Richest Cities in California (Updated for 2020) - Money Inc Some of them have topped the rankings for decades, while some others are less well-known. List of wealthiest families - Wikipedia 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. In terms of asset management, FinTech, and ESG investment, Tokyos continued growth as the worlds most foremost economies appears secured. At 35 years old, Mark Zuckerberg is the youngest richest person by more than a decade. A good part of their revenue comes from their port, which is the largest container port in the world. The Top 5 Cities in Mexico in 2020. The top 10 richest cities in the Philippines. 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 Dubai ranks at #6 on the PlanetWare guide, ahead of Singapore, Rome, Istanbul, and Tokyo. After all, Paris is one of the hotbeds of world tourism, its the city of love and art. Here are the Top 10 Richest Places in America and how they split their Heroes Act bailout allocation: #1. Finally, London hosts some of the most prominent Fortune Global 500 companies such as Lloyds Banking Group, Prudential, J Sainsbury, BP, Tesco and Vodafone Group, among others. 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. 20 Cities with the Worst Weather in the U.S. How Eiza Gonzalez Achieved a Net Worth of $5 Million. 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. Which Countries Have the Lowest Inflation? Our ranking shows the 50 wealthiest countries, measured by gross domestic product per capita and adjusted by the purchasing in the respective country. Surat - City Of Sun. City of Clayton -$146,225. 1. 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. Hong Kong is once again the city with the second most billionaires in the world. The Rhine-Ruhr metropolitan area is the economic power house of Germany. Though affordability sounds good at face value, sitting at the bottom of the ranking isnt necessarily a coveted position. It is through the electric car maker Tesla and in space by rocket produced by SpaceX. In particular, the United States claims five of the cities in the top 10, including the very top spot with New York City. Top 50 Richest People in the World (2020) | Top Richest Cebu City: $660 million. American retail corporation Walmart has been the world's largest company by revenue since 2014. 2 on the list, but the city recorded a net loss of eight billionaire residents. 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. Japans largest city is home to the Tokyo Stock Exchange, which is one of the largest stock exchanges in Asia by market capitalization. Mumbai gained one billionaire resident since 2019, losing five billionaires but adding six newcomers. Top 10 Richest Cities In India 2021 Zurich, Switzerland - 27.34% Millionaires. Their net worth is based on the data from 2022 available on their respective Forbes profiles. Shanghai. San Francisco also has the highest median household income in the country. Industries that contribute to New York Citys economy are health care, tourism, real estate, tech, publishing, fashion, media and insurance, among others. Basically, the metropolitan areas of Maastricht. By examining a cities GDP, we can get a good idea of its industries and how they contribute to the overall economic growth. Image Source. NYC has held the title of the wealthiest city in the world for many decades now, housing around 59 billionaires and a whopping 345,600 millionaires! Companies that have offices in Boston include BNY Mellon, Goldman Sachs and Microsoft. March 17, 2022. Newcomers from other sectors also joined the ranks, including AI pioneer Daniel Dines and Brooklyn native Jay-Z. Newsletter. Pune - Oxford Of The East. All maps, graphics, flags, photos and original descriptions 2023 worldatlas.com, The World's Most Populated Capital Cities. To this day, Macao is the only country on the list whose per-capita purchasing power is lower than it was before the start of the pandemicabout $125,000 in 2019, down by $40,000 today. Surprisingly, this is the Big Apples first time atop the ranking. This is a list of cities in the world by gross domestic product (GDP). Let's consider New York City. Beijing also has a sizeable billionaire population of 100 people, compared to any other international city. Some cities have some obvious billionaires that come to mind. 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. Meanwhile, Barcelona dropped to No. Retail Investors Most Popular Stocks of 2023 So Far, Consumer Price Inflation, by Type of Good or Service (2000-2022), Mapped: Unemployment Forecasts, by Country in 2023, Decoding Googles AI Ambitions (and Anxiety), Ranked: Americas 20 Biggest Tech Layoffs Since 2020, Infographic: Generative AI Explained by AI, Infographic: 11 Tech Trends to Watch in 2023, Ranked: The Top 50 Most Visited Websites in the World, Visualized: The Most (and Least) Expensive Cities to Live In, Visualizing $65 Trillion in Hidden Dollar Debt, Visualizing the Relationship Between Cancer and Lifespan, Visualizing How COVID-19 Antiviral Pills and Vaccines Work at the Cellular Level, Mapped: The Most Common Illicit Drugs in the World. Top 50 Richest Places In America Allocated $350 Million "Coronavirus The top ten richest cities in the world based on private wealth include: China's capital city offers services in key sectors related to finance, information technology, scientific research, and industry. Boasting a population of over 300,000 resident millionaires, Tokyo is also home to a dozen billionaires. "The Sy siblings took the biggest hit in dollar terms but remain at No. For the fourth straight year, Atherton topped Bloomberg's Richest Places annual index. Standing as one of Russia's largest industrial and financial centre, much of the country's wealth is still tied to this capital city. Standing as Russia's capital for centuries, the country's national wealth has been building in Moscow since the 1990s after the fall of the Soviet Union. World's Richest Cities: The Top 10 Cities Billionaires Call Home 2020 Travel + Leisure. Greater Mumbai still is the most populated city in its 440 sq. 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. 29. New York is the wealthiest city in the worldhome to 345,600 millionaires with a total private wealth that exceeds $3 trillion. Alongside its growing wealth, San Francisco is also one of the fastest growing cities in the country. It checks all the boxes when it comes to being an economically successful place: physical connectedness (ports, rivers, public transporatation), investment opportunities (access to venture capital), and attracting a crowd of skilled individuals from around the globe, nurturing a culture of innovation. 1.Tokyo, Japan (GDP - $1,520 billion) The richest city in the world in 2022 is Tokyo. With an estimated GDP of $310 billion, Mumbai ranks number one in the list of the richest cities in India. A huge part of this development was the influx of multi-national corporations. Most such agglomerations are economically, socially and culturally dominated by one city at their centre. The ideal entry-level account for individual users. Other profitable sectors include information technology, medical technology, retail, financial and legal sectors. Richest Places in the World According to a recent study by Forbes, the five richest cities in the world are Tokyo, New York City, Los Angeles, London, and Paris. Sy Siblings Still at Top. Kolkata is the third richest city in South Asia after Mumbai and Delhi. Unlike so many other cities bending under the weight of a post-pandemic world, Houstons economy hs gotten stronger. Moreover, dozens of Russia's most prominent companies are also headquartered in Moscow that contribute to the city's wealth, which includeRosneft, Sberbank, Russian Railways, and Lukoil. 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. Where are the German and Chinese Cities? However, this megacity is most famous for its thriving entertainment industry, which pumps billions of dollars into the city's (and country's) economy. 25 Best Cities in the World to Visit: World's Best 2021 - Travel + Leisure
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