Number of individuals with a net worth of $5 million or more: 49,005 Percentage of global population: 1.7% Paris is the capital and most populous city of France, with an estimated population of 2,150,271 residents as of 2020, in an area of 105 square kilometers (41 square miles). Many cities in India are densely inhabited, trade between them has improved, and transportation systems have been modernized. The international megacity is the country's bustling financial and commercial hub, with its economic wealth tied to its services in finance, healthcare, professional and business services, retail, and education. The richest country in the world is Luxembourg. 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. Source: Forbes Music: Beethoven 5th Symphony Dublin is the wealthiest city, with a per capita income of $115,094. Industries that contribute to New York Citys economy are health care, tourism, real estate, tech, publishing, fashion, media and insurance, among others. Access to this and all other statistics on 80,000 topics from, Show sources information In 2022, the combined wealth of India's 100 richest increased by $25 billion to touch $800 billion. Singapores richest resident. Macao SAR will climb from 17th in 2020 to 9th in 2021. City employment is driven by AT & T, Walgreens, Abbott Labs, the CTA, Walmart and Allstate Insurance, among others. This large metropolitan area has a history of being the hub of Germanys heavy industry sector. 2. Boasting a population of over 300,000 resident millionaires, Tokyo is also home to a dozen billionaires. These initiatives include the Small Business Improvement Fund, the Chicago Recovery Grant, Special Service Area Program, Tax Increment Financing and more. 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. Swift reportedly owns about $40 million worth of property in the area. Makati City: $4.48 billion. According to a study by Teleport, Osaka scores well when it comes to affordable housing, community safety, business, and healthcare. Interactive map (March 17, 2022). There are 4,000 cities and towns in India. Loudoun County. The decade-long conflict in Syria weakened the Syrian pound, led to a spiraling inflation and fuel shortages, and further collapsed its economy. Mapped: Europes Biggest Sources of Electricity by Country, Visualizing the Scale of Global Fossil Fuel Production, Visualizing U.S. Fortune 500 companies located in the Rhine-Ruhr metropolitan area include: ThyssenKrupp AG, RWE AG, Bayer AG, Evonik Industries, among others. A home stands in Atherton, California, U.S., on Tuesday, Feb. 18, 2020. In 2022, cities with strong oil and gas industries like Riyadh, Sharjah, Dubai, Luanda, Abu Dhabi, Doha, and Lagos grew exceptionally. Photo: @Kim Kardashian West. Liz loves the process of researching information, learning new things, and putting into words what others who share her interests might like to read. Rising development costs and foreign competition had already felled the fortunes of South Koreas pharmaceuticals sector, before coronavirus concerns hit the countrys economy in late February in total, thirteen Seoul-based billionaires dropped off the list. These are the 10 wealthiest cities in the world - and the number of wealthy individuals who live in each of them - according to Henley & Partners' report. "Leading Cities with The Most Billionaires in 2022. , a member of the citys Raheja real estate clan, who was worth an estimated $2.3 billion last year. These include three Indian cities, Tashkent in Uzbekistan, Almaty in Kazakhstan, Pakistans most populous city of Karachi, and Sri Lankan capitalColombo. Its wealthiest resident, , chairman and CEO of Internet media behemoth Tencent Holdings, is the, . 10. India is the world's second-most populous country, with several large cities and densely inhabited areas. Surprisingly, this is the Big Apples first time atop the ranking. Home to both invention and innovation, animes, mangas and of course, robots, Tokyo is known as the financial center of the world. Shanghai. Being the largest city of the country, Mumbai is extensively . from people staying indoors and spending more time online. 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 Kolkata- GDP $150.1 Billion. Montgomery Street is considered the Wests Wall Street and is located in San Francisco. "The Sy siblings took the biggest hit in dollar terms but remain at No. Alongside its growing wealth, San Francisco is also one of the fastest growing cities in the country. Tourism not only pumps money into San Francisco's economy by way of tourist spending, it also offers a source of jobs in the city. He also praises the seafood, arts scene and welcoming atmosphere, though other critics call Seattle residents overly materialistic. He is worth $1 billion, becoming the richest actor in the world. Today, with 272,400 millionaires, the city holds a more humble position. In fact, the average annualy income in these neighborhoods is typically over 100,000. statistic alerts) please log in with your personal account. Once a leader in the manufacturing industry, that industry has been bowing to more modern industries like high tech, financial services and electronics. Till 2030, Tokyo city will project to be the top-most populated city on earth. On a related note, there is a sizeable population of secondary homeowners in London. Which Countries are Buying Russian Fossil Fuels? However, invading a sovereign nation had its consequences, and Russias entire economy is in a state of disrepair. 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. The TYO encompasses over 3,700 listed companies and a market value estimated at JPY 600 trillion (or approximately $42 billion USD). New York's richest person and former mayor, Michael Bloomberg, is worth $59 billion. 6 and No. L.A. is also abuzz with development projects, such as refurbishing businesses like Manns Chinese Theater, as well as infrastructure projects. Among the top 50 economies having the highest gdp per capita, Macao SAR . In fact, such diversity plays well in times of economic hardship, which includes the recent downturn caused by the pandemic. Elon Musk Elon Musk is a South African-born Canadian-American businessman, investor & the richest person in the world. London, United Kingdom: $978.402 Billion, 2. Though affordability sounds good at face value, sitting at the bottom of the ranking isnt necessarily a coveted position. Additionally, the world's major companies are headquartered in Seoul, which include Samsung, Hyundai, LG, and Kookmin Bank. Shipping isnt the only industry which brings revenue into SEZ, its also the sizable industrial parks, high-tech industries and of course, trade. 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. For the fourth straight year, Atherton topped Bloomberg's Richest Places annual index. Statista. London and Paris are the major and richest cities in Europe with a GDP of US$835 billion and US$822 billion respectively. But the Nations Valentine has so much more to offer. Pasay City: $350 million. 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. Asia is the region with the second most millionaires with six cities in the mix. New York's richest resident, 476 Washington Avenue, former mayor Michael Bloomberg, has a net worth of $45 billion, making him one . Beijing is the capital of China and has a population of over 20 million. Newcomers to the billionaire ranks who live in San Francisco include private equity dealmaker. 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. Some of them have topped the rankings for decades, while some others are less well-known. Cairo Cairo Pyramids Hotel - Cairo, Egypt (photo: Marriott) ADVERTISEMENT Located along the Nile River, Cairo is one of the. Lets take a closer look at some of the top-ranking cities making the list. When is it OK to Buy a House Site Unseen as an Investor? Unlike so many other cities bending under the weight of a post-pandemic world, Houstons economy hs gotten stronger. The typical American household earns $57,617 per year. The Top 5 Cities in Mexico. U.S. Inflation: How Much Have Prices Increased? 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. The Top 5 Cities in Mexico in 2020. At 89 years old, Warren Buffett is the oldest richest person by 5 years. 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. In total, these 30 people control. There are many benefits to living in an iconic city like New York or Singapore, but the amenities and exclusivity can come at a high cost. Tourism is another major contributor to the economy of Philadelphia. Both these cities had high inflation and a strong currency. 4. The cities shown in our visualization are already well-established locations for high-net-worth individuals. While Shenzhens export-led manufacturers have. A good part of their revenue comes from their port, which is the largest container port in the world. 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. Major financial powerhouses in London include Canary Wharf, HSBC and Barclays. Use Ask Statista Research Service. Once considered a major shipping hub to the world, that distinction has been replaced by the service industries, such as financial services. Home to 12 Fortune 500 companies, the city of Philly is Pennsylvanias financial hub. Moscow is also home to a population of "nouveau riche" Muscovites and prominent neighborhoods, with properties that can cost millions of dollars. In terms of asset management, FinTech, and ESG investment, Tokyos continued growth as the worlds most foremost economies appears secured. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). The list of top 50 richest football clubs in the world ranked by Forbes have been revealed. 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. 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. London: 63 Billionaires Since Last Year: +7 Total Net Worth: $316.1 Billion Richest Resident: Len Blavatnik, $32 Billion 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? This site uses Akismet to reduce spam. The Top 15 Cities in Asia in 2020. Due to heavy investment into research and development, high-tech companies in Shenzen have consistent government support. Major sectors there include: real estate and fund management. Their net worth is based on the data from 2022 available on their respective Forbes profiles. Kicking off the list is the charming Italian city of Florence - which is kind of surprising. As a SEZ, businesses in the area receive special treatment in the form of tax benefits, which helps increase the GDP bottom line immensely. Various lists of the richest families in the world (excluding royal families or autocratic ruling dynasties) are published internationally, by Forbes as well as other business magazines.. Among the top 50, Aruba will climb five spots. Another crucial element is the neighborhood of Zhongguancun. Lastly, London is home to several of the most well-known Fortune Global 500 firms, including the Lloyds Banking Group, Prudential, J. Sainsbury, BP, Tesco, and Vodafone Group, amongst others. The top 10 richest families in 2022 by estimated wealth are: The Walton family with $224.5 billion The Mars family with $160 billion The Koch family with $128.8 billion The Al Saud family with. Hong Kong is once again the city with the second most billionaires in the world. 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. Rising development costs and foreign competition had already, the fortunes of South Koreas pharmaceuticals sector, before coronavirus concerns hit the countrys economy in late February in total, thirteen Seoul-based billionaires dropped off the list. Fortune 500 companies include Discovery Communications, Fannie Mae, Walmart and CACI International among others. 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. Delhi city is the second most populated city in the world with a 30,291,000 million population. Click on the headers to reorganize columns. The city contributes about 30% of goods sold in Russia. As a major commercial hub for England, a number of established companies are found in London, such as Unilever, Barclays, BP, and Shell. Sy Siblings Still at Top. Otherwise, Los Angeles enjoys wealth from other industries related to biosciences, trade, information, transportation, and aerospace. 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. 3. However, its also a city steeped in industry. You only have access to basic statistics. Atherton, CA (income: $525,324/ bailout: $3.8 million) - With a median home price of. As such when it comes to the richest cities in the world, New York City comes in at number 2. The city of rich historical, cultural, political and social significance, New Delhi, ranks second on this list with a GDP of $293.6 billion. E-commerce has seen a boom in China since millions of citizens were locked down in an effort to slow the spread of the coronavirus in January, boosting the fortunes of online retail titans like Colin Huang. When determining the GDP, the UN classifies 3 methods to determine it: City proper, urban area and metropolitan regions.. Our numbers for the richest cities in the world are based on the metropolitan statistical region. Though approximately 23% of Beijing's GDP is linked to its manufacturing sector, over 80% of the city's wealth is tied to the service sector. The county seat of Loudoun is in Leesburg, where most administration activities take place. The USA is the only country with a large surface area and population among the highest-ranking nations, ranking eleventh. One dropoff is. When Covid struck, global traveling came to a halt, and for a while Macao even slipped out of the 10 richest nations ranking. Ever since, San Francisco has remained a strong financial stronghold for the state of California. Dubai in top 10. The headquarters of several cities are also found in Tokyo, which include Honda, Sony, Hitachi, and Mitsubishi. The wealthy city-state has 31 billionaire residents, up from 22 last year, and replaces Seoul in the top 10. The current state of the Moscow economy isnt as bright as it was earlier in the year due to sanctions. City of Clayton -$146,225. Fortune Global 500 companies in Tokyo include: Honda Motors, Hitachi, Sony, Mitsubishi and more. L.A. makes good use of both job training programs and development projects. If you are an admin, please authenticate by logging in again. American retail corporation Walmart has been the world's largest company by revenue since 2014. Visualizing the Global Share of U.S. Stock Markets. Burundi GDP Per Capita: 724 Burundi, located in Central Africa, is the number one poorest country in the world by current figures.
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