For instance, billionaires like Zhang Yiming, founder of TikTok, calls the capital city home (with a net worth of about $35.6 billion USD)! statistic alerts) please log in with your personal account. You need a Statista Account for unlimited access. Home to thousands of millionaires, wealthy Parisian neighborhoods include the 7th Arrondissement, the Boulogne-Billancourt, Saint-Cloud, and Neuilly-sur-Seine. Asia continues to dominate the list of the worlds least expensive cities, followed by parts of North Africa and the Middle East. Where are the German and Chinese Cities? 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. Which cities and regions have the biggest concentrations of millionaires around the world, each with a net worth greater than $1 million (USD)? 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). Show publisher information More than 80% of Russias billionaires call its capital home, including mining mogul Vladimir Potanin, who is also the richest person in the nation. These include three Indian cities, Tashkent in Uzbekistan, Almaty in Kazakhstan, Pakistans most populous city of Karachi, and Sri Lankan capitalColombo. Shibuya Crossing, one of the busiest crosswalks in the world, in Tokyo, Japan Tokyo's wealth is also tied to the Tokyo Stock Exchange (TYO), regarded as one of the largest stock exchanges in the world. The 15 Richest Cities in the US - MoneyWise 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. 9 last year. This large metropolitan area has a history of being the hub of Germanys heavy industry sector. It goes without saying that due to its history tourism is a huge draw when it comes to obtaining revenue. Boston-Cambridge-Newton, Massachusetts. New York City: 107 Billionaires. He is worth $1 billion, becoming the richest actor in the world. Though affordability sounds good at face value, sitting at the bottom of the ranking isnt necessarily a coveted position. 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. Top 10 Richest Cities in the World In terms of GDP rankings 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. Register in seconds and access exclusive features. Caloocan City: $360 million. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. What is the top 10 richest city in the world? (2023) The richest country in the world is Luxembourg. Business Solutions including all features. Frankfurt in Germany is the second richest city after Dublin with an income of $102,941 per capita. Tourism is another major contributor to the economy of Philadelphia. In fact, according to this chart, you can see that manufacturing takes the lead with 16.6 percent followed by retail at 16.6 percent and real estate at 11.4 percent. 1.Tokyo, Japan (GDP - $1,520 billion) The richest city in the world in 2022 is Tokyo. According to the Hurun Global Rich List 2022, the leading city with the most billionaires in 2022 was Beijing. Dallas plays host to a variety of industries, and its these industries which are responsible for the economic growth of the Dallas metropolitan area. She was the wife of Jeff Bezos, founder of Amazon. There are 4,000 cities and towns in India. As a Premium user you get access to the detailed source references and background information about this statistic. 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. The ideal entry-level account for individual users. Top 10 Richest Cities in the World with Most Billionaires Foreign corporations such as IBM, Nestle, Hewlett-Packard and more flooded Beijing, causing a rapid economic expansion. These industries include manufacturing, energy, information tech, finances, telecommunications, education, and telecommunications. Today, Boston is a center of learning with many stellar educational institutions like MIT and Harvard, which contribute greatly to Bostons economy. The international city of romance boasts an economically wealthy status. 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. 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. Cities may be defined as the cities proper, the extent of their urban area, or their metropolitan regions. The wealthy city-state has 31 billionaire residents, up from 22 last year, and replaces Seoul in the top 10. The San Francisco Bay Area boasts 276,400 millionaires. Kolkata is the financial, commercial and industrial hub of the North East region. 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. However, this megacity is most famous for its thriving entertainment industry, which pumps billions of dollars into the city's (and country's) economy. Everything from financial services, fashion, digital media, the food/beverage industry and tech found a home in Toronto. Does your team make it in the top fifty richest soccer clubs in 2022? Situated in the southern part of California, Los Angeles is known for its large population of celebrities, tech moguls, and the financially fortunate. In 2019, San Francisco's tourism industry resulted in 86,111 jobs. 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. 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. Beyonc, Jay Z and Taylor Swift are just a few of the celebrities who own property in Tribeca. Here are the Top 10 Richest Places in America and how they split their Heroes Act bailout allocation: #1. You need at least a Starter Account to use this feature. 1. The decade-long conflict in Syria weakened the Syrian pound, led to a spiraling inflation and fuel shortages, and further collapsed its economy. Top 50 Richest People in the World - Moneymint Moreover, when it comes to its residents, there are about 9,210 multi-millionaires calling London home, as well as 38 billionaires. Atherton, CA (income: $525,324/ bailout: $3.8 million) - With a median home price of. You can only download this statistic as a Premium user. 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. City employment is driven by AT & T, Walgreens, Abbott Labs, the CTA, Walmart and Allstate Insurance, among others. Cities in the UAE became millionaire magnets, attracting over 4,000 millionaires in 2022. Historically speaking, Osaka has always been thought of as a major economic center of Japan. Additionally, the citys real estate market is known for being expensive, with sky-high property values and rents. Dubai Advantage | 50 Richest Countries in the World 2020 Tokyo is also a major center for banking and insurance, and is home to many multinational companies like Honda and Sony. Finally, Oceania has two cities on the list, both located in Australia. Refer to sources for more information. 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. Beijing is the capital of China and has a population of over 20 million. Its wealthiest resident, Ma Huateng, chairman and CEO of Internet media behemoth Tencent Holdings, is the second-richest person in China, after Alibaba cofounder Jack Ma. The city by the bay has five fewer billionaires than a year ago in part because fortunes fell below $1 billion for former Uber CEO Ryan Graves and Pinterest cofounder Ben Silbermann. Global 500 | Fortune 1. Before the Ukraine invasion, Moscow was the economic hub of Russia. The top 10 richest cities in the Philippines. In 2022, cities with strong oil and gas industries like Riyadh, Sharjah, Dubai, Luanda, Abu Dhabi, Doha, and Lagos grew exceptionally. This year 92 billionaires live in the Big Apple as their primary residence 8 more than a year ago. This included plans of action to assist with rent, taxes, business subsidies and more. 7 and Shanghai and Beijing staying flat at No. Aside from establishing the NYSE in the early 19th century (formerly known as the New York Stock and Exchange Board), the city was set in a convenient location for trading, due its proximity to the Hudson River and the Great Lakes. Major metropolitan areas contributing at least 2.5% of world GDP. India is the second largest country in the world after China. America's 50 richest towns in 2020 | Daily Mail Online India is the world's second-most populous country, with several large cities and densely inhabited areas. But what are the fastest growing cities for the rich? Learn how your comment data is processed. Our ranking shows the 50 wealthiest countries, measured by gross domestic product per capita and adjusted by the purchasing in the respective country. Statista. Unlike so many other cities bending under the weight of a post-pandemic world, Houstons economy hs gotten stronger. Tokyo is the most fascinating city to live in but also the most densely packed. Top 10 Richest Asian Countries (2020 GDP, Int$ PPP - World Bank) China - $24.27 trillion; . Newsletter. Even though the city was riddled with the effects of the pandemic, Job growth occurred with another 5,700 jobs added. Surat - City Of Sun. Profit from the additional features of your individual account. The Shenzhen Special Economic Zone or SEZ is an important business and financial services center in China. We added hundreds of new lists - see our top 101 city lists. Though famous for prominent technology companies and hundreds of start-ups across the Silicon Valley, San Francisco's wealth is tied to industries in manufacturing and tourism. I cover the world's richest people and how they made their billions. 12. At 35 years old, Mark Zuckerberg is the youngest richest person by more than a decade. In 2019, the Northern California city attracted 26.2 million visitors who spent around $10.3 billion USD in the city. India's 100 Biggest Cities, Largest Cities in India - NRIOL Its no surprise that its capital city of Damascus has maintained its position as the worlds cheapest city. 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. Seoul is a gorgeous city and the economic hub of South Korea. Chicago, which serves as the home base for 35 Fortune 500 companies, is home to 160,100 millionaires, 340 centimillionaires and 28 . "The Sy siblings took the biggest hit in dollar terms but remain at No. Ranked: The Worlds Richest Billionaires Over the Past 10 Years, All of the Worlds Money and Markets in One Visualization (2022), The U.S. and China Account for Half the Worlds Household Wealth, Charting the Relationship Between Wealth and Happiness, by Country, Mapped: The Wealthiest Billionaire in Each U.S. State in 2022, Poll: Inflation is the Top Financial Concern for Americans, From New York to Damascus, this infographic uses EIU cost of living data to rank the worlds most and least expensive cities to live in. Other companies crucial to Seouls economic health include: Kia, Daewoo and Hyundai. The TYO encompasses over 3,700 listed companies and a market value estimated at JPY 600 trillion (or approximately $42 billion USD). Those include, , who heads Indias largest paint company, Asian Paints, and the, , who control adhesives and sealants maker Pidilite Industries. Access to this and all other statistics on 80,000 topics from, Show sources information Home to both invention and innovation, animes, mangas and of course, robots, Tokyo is known as the financial center of the world. Meanwhile, seven cities in Asia with the common denominator of high-income inequality and low wages dominate the list of the worlds cheapest cities. GM was the best-performing automobile company in the 20th century but has still maintained a top position among the wealthiest car manufacturers. The typical American household earns $57,617 per year. to incorporate the statistic into your presentation at any time. From Singapore To New York City, more than 26% of the worlds 2,095 billionaires live in just 10 cities on three continents. What is the Cost of Living in New Hampshire? Newcomers to the billionaire ranks who live in San Francisco include private equity dealmaker. In detail, 144 billionaires resided in the capital of China. In 2022, the combined wealth of India's 100 richest increased by $25 billion to touch $800 billion. Swift reportedly owns about $40 million worth of property in the area. 1. . Loudoun County is located in the Commonwealth Virginia, with a population of 375,000 people. Much like Shanghai, Beijing enjoys a reputation as one of the Asia's (and the world's) wealthiest cities. [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. Adding to the diversity are biotech companies and information technologies. New York City notched the top spot for the sixth year running, growing its count of billionaire city dwellers by eight compared to 2019. Industries that contribute to New York Citys economy are health care, tourism, real estate, tech, publishing, fashion, media and insurance, among others. London, United Kingdom: $978.402 Billion, 2. How does a city become one of the wealthiest in the world? London and the rest of the United Kingdom finally left the European Union on January 31st, 2020. City Mayors: Richest cities in the world in 2020 by GDP 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). Singapore has one of the highest densities of millionaire households in Asia, with over 5% of households having at least $1 million USD in net financial assets. It has a diverse stable economy ranging from Gas Extraction and Manufacturing, Companies and Enterprise, and Retail Trade. StartupTalky has compiled an exhaustive list of the top richest people in India for the year 2022. 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. 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. 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. The United Nations uses three definitions for what constitutes a city, as not all cities may be classified using the same criteria. 20 Cities with the Worst Weather in the U.S. How Eiza Gonzalez Achieved a Net Worth of $5 Million. In, Hurun Research Institute. Here are the top 10 cities in Africa where the most rich people live ed 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. More than 80% of Russias, call its capital home, including mining mogul. Once considered a major shipping hub to the world, that distinction has been replaced by the service industries, such as financial services. Tokyo, Japan- GDP: $1,520 billion. Media mogul turned politician Michael Bloomberg, founder of Bloomberg, is the . Another industry that rains gobs of revenue on the City of London is the tourism industry with over 20 million visitors per year. If we're looking at cities in terms of total wealth, then the Big Apple leads the pack by a country mile. The Richest Cities are shown below, based on GDP (Gross Domestic Product) data from 2011. 10. (Video) TOP 10 RICHEST CITIES In The World 2021 (Uncover) Which is the richest city in the world 2022? MacKenzie Scott is an American novelist and philanthropist. Being a world-class city that attracts prominent figures in the tech industry, San Francisco is one of California's most popular (and richest) cities. Cities may be defined as the cities proper, the extent of their urban area, or their metropolitan regions. The USA is the only country with a large surface area and population among the highest-ranking nations, ranking eleventh. In fact, such diversity plays well in times of economic hardship, which includes the recent downturn caused by the pandemic. Till 2030, Tokyo city will project to be the top-most populated city on earth. Japans largest city is home to the Tokyo Stock Exchange, which is one of the largest stock exchanges in Asia by market capitalization. Many cities in India are densely inhabited, trade between them has improved, and transportation systems have been modernized. According to various estimates, the Japanese capital is home to 13.1 to 13.7 million people. 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. China retains its title as the country with the most cities in the top 10, with Shenzhen moving up one spot to No. Kolkata- GDP $150.1 Billion. Their net worth is based on the data from 2022 available on their respective Forbes profiles. Air Cargo News Awards 2020. dnata wins again. - Full Size", "Gross domestic product (GDP) at basic prices, by census metropolitan area (CMA)", "Population estimates, July 1, by census metropolitan area and census agglomeration, 2016 boundaries", "Population on 1 January by age groups and sex - functional urban areas", "President: Almaty turns into large regional investment attractive centre", "Posio ocupada pelos maiores municpios brasileiros em relao ao Produto Interno Bruto, Est. Zhongguancun is considered the Silicon Valley of China and is deeply rooted in the electronics and high-tech industries such as Microsoft, Sony and Google. The Top 5 Cities in Mexico. Shipping isnt the only industry which brings revenue into SEZ, its also the sizable industrial parks, high-tech industries and of course, trade. 2. New York is the wealthiest city in the worldhome to 345,600 millionaires with a total private wealth that exceeds $3 trillion. In total, these 30 people control. Richest Cities in the World. 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, , founders of online gaming firm Playrix; and, , who inherited part of the fortune of her late father, Brazilian healthcare tycoon, in an effort to slow the spread of the coronavirus in January, boosting the fortunes of online retail titans like, . The 20 Richest ZIP Codes in the USA - MoneyWise Kimberly Noel Kardashian West is an American media personality, socialite, model, businesswoman, producer, and actress. If that is the case, knowing its cost of living is vital. On this list, New York City was ranked as the richest city with a total of $3 trillion in private wealth. Cairo Cairo Pyramids Hotel - Cairo, Egypt (photo: Marriott) ADVERTISEMENT Located along the Nile River, Cairo is one of the. Ahmedabad - Textile Hub Of India. City of Clayton -$146,225. And for the sixth year in a row, more billionaires call New York City home than any other city in the world. For over 50 years, Tokyo has occupied the top spot, and shows no sign of slowing down. Paris is also home to several Fortune Global 500 companies such as, BNP Paribas, Peugeot, CNP Assurances, SNCF, Vivendi and more. The place is mostly known for its stunning Renaissance architecture and is . Get full access to all features within our Business Solutions. 1. List of wealthiest families - Wikipedia 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. Top 50 Richest People in the World (2020) | Top Richest All maps, graphics, flags, photos and original descriptions 2023 worldatlas.com, The World's Most Populated Capital Cities. As a Premium user you get access to background information and details about the release of this statistic. Top 10 Richest Cities In The World - IndiaTimes Mapped: The Top 10 Billionaire Cities - Visual Capitalist The Fortune 500 companies hosted by Boston include: State Street, Liberty Mutual Insurance, Gillette and General Electric. London: 63 Billionaires Since Last Year: +7 Total Net Worth: $316.1 Billion Richest Resident: Len Blavatnik, $32 Billion On a related note, there is a sizeable population of secondary homeowners in London. Major sectors there include: real estate and fund management. In pre-Covid times, Chicago clocked round 55 million tourists in 2017. New York's richest resident, 476 Washington Avenue, former mayor Michael Bloomberg, has a net worth of $45 billion, making him one . 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. A massive powerhouse in Seoul is Samsung. 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. 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. 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. Its known as the mecca of tech innovation, and as a result, the region has a high concentration of wealthy individuals. Dubai ranks at #6 on the PlanetWare guide, ahead of Singapore, Rome, Istanbul, and Tokyo. 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. 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. However, its also a city steeped in industry. Not surprisingly, China is home to three of these cities, including Hong Kong (SAR). Mumbai gained one billionaire resident since 2019, losing five billionaires but adding six newcomers. With about 2,320 multi-millionaires calling Paris home, the backbone of this European city relies on hospitality, commerce, transportation, and other services. 12. RANKED: These Are The 50 Richest Towns To Live In The United States, 2020 Sophie Ireland C-Suite Lifestyle February 21, 2020 With an average household income of more than $525,000, Atherton, California is the richest town in the United States, that's according to a Bloomberg report. Its been rapidly replaced by information tech and financial services. The median home value for the lower Tribeca area is around $2.5 million. 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. . The city of rich historical, cultural, political and social significance, New Delhi, ranks second on this list with a GDP of $293.6 billion. As of 2020, there is an estimated $3 trillion worth of assets and capital in the city. Five of the 10 wealthiest cities in the world are in the US ", Hurun Research Institute, Leading cities with the most billionaires in 2022 Statista, https://www.statista.com/statistics/299494/billionaires-top-cities/ (last visited March 04, 2023), Leading cities with the most billionaires in 2022 [Graph], Hurun Research Institute, March 17, 2022.

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