Source: Forbes Music: Beethoven 5th Symphony Delhi City. Kolkata- GDP $150.1 Billion. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. These Are the Richest Cities, Municipalities, and Provinces in the Despite being significantly smaller than Los Angeles, San Francisco houses more millionaires than its southern California counterpart. 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. Montgomery Street is considered the Wests Wall Street and is located in San Francisco. In fact, such diversity plays well in times of economic hardship, which includes the recent downturn caused by the pandemic. New York is the wealthiest city in the worldhome to 345,600 millionaires with a total private wealth that exceeds $3 trillion. Hong Kong is once again the city with the second most billionaires in the world. Dallas plays host to a variety of industries, and its these industries which are responsible for the economic growth of the Dallas metropolitan area. Tokyo is the economic hub of Japan and is one of the most important cities in the world for business and finance. Los Angeles is a city that takes great strides to encourage economic growth. London, United Kingdom: $978.402 Billion, 2. Moreover, there are over 25 FortuneGlobal 500companies headquartered in Paris (which are the top companies in the world based on their revenues) including Danone, Sanofi, Christian Dior, and Finatis. 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 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. Cebu City: $660 million. The infographic above uses data from EIU to rank the world most and least expensive cities to live in. Monaco - 29.21% Millionaires. London has been the worlds wealthiest city for years, but over the past decade there has been an outflow of millionaires. Burundi GDP Per Capita: 724 Burundi, located in Central Africa, is the number one poorest country in the world by current figures. Despite suffering a tough downturn due to the pandemic, Shanghai remains one of the worlds richest cities. For the first time, revenues from Global 500 companies in Greater China (including Taiwan). This list is incomplete, as not all companies disclose their information to the general public. 9 last year. China retains its title as the country with the most cities in the top 10, with Shenzhen moving up one spot to No. San Ramon ranks among the top ten safest cities in California. Once a leader in the manufacturing industry, that industry has been bowing to more modern industries like high tech, financial services and electronics. The decade-long conflict in Syria weakened the Syrian pound, led to a spiraling inflation and fuel shortages, and further collapsed its economy. China is crucial to the worlds supply chain, and Shenzhens container port is one of the largest. Another industry that rains gobs of revenue on the City of London is the tourism industry with over 20 million visitors per year. 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. 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. The county seat of Loudoun is in Leesburg, where most administration activities take place. Four cities made the list for the first time: Blackhawk, California; New Albany, Ohio; Long Grove, Illinois; and Darnestown, Maryland. 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. Basically, the metropolitan areas of Maastricht. Cities with highest number of ultra wealthy individuals in the world 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? Tourism is another major contributor to the economy of Philadelphia. 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. Kuwait (-4) will be the worst loser, followed by The Bahamas (-3) and Iceland (-3). Their net worth is based on the data from 2022 available on their respective Forbes profiles. Leading cities with the most billionaires in 2022 [Graph]. In the past, manufacturing was seen as a booming sector in Shanghai, but lately its slowed and is being replaced by financial services, trade, information tech, real estate and commerce, among others. India is the second largest country in the world after China. The billionaire's rank, nationality, and source of his or her wealth is listed. Additionally, the citys real estate market is known for being expensive, with sky-high property values and rents. Luxury services also play a significant factor in Paris' economy, acting as a hub for famous brands like Mot, Cartier, and Louis Vuitton. Here are the Top 10 Richest Places in America and how they split their Heroes Act bailout allocation: #1. Currently, 43 Fortune 500 companies that call New York City home include: Verizon, JP Morgan, Pfizer, Citigroup, MetLife, Goldman Sachs, Morgan Stanley, and more. Situated in the southern part of California, Los Angeles is known for its large population of celebrities, tech moguls, and the financially fortunate. Richest Cities Of India - BW Businessworld 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, . Rankings Data - Cities and Municipalities Competitive Index - CMCI The San Francisco Bay Area boasts 276,400 millionaires. India is the world's second-most populous country, with several large cities and densely inhabited areas. Top 10 Poorest Countries In The World 1. Being the largest city of the country, Mumbai is extensively . Chicago, which serves as the home base for 35 Fortune 500 companies, is home to 160,100 millionaires, 340 centimillionaires and 28 . 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. 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! The ideal entry-level account for individual users. GM was the best-performing automobile company in the 20th century but has still maintained a top position among the wealthiest car manufacturers. New York City is also considered the country's leader in finance due to its storied past. 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. Pune - Oxford Of The East. Moreover, a portion of Beijing's rapid economic growth is the product of international investments, registering over 45,000 foreign-invested businesses in 2020. The top 10 riches cities in the world behind New York City were Tokyo, San Francisco Bay Area, London, Singapore, Los Angeles and Malibu, Chicago, Houston, Beijing, and Shanghai. Newsletter. Much like Shanghai, Beijing enjoys a reputation as one of the Asia's (and the world's) wealthiest cities. Finally, Oceania has two cities on the list, both located in Australia. And for the sixth year in a row, more billionaires call New York City home than any other city 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. 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 Currently, you are using a shared account. 2 on the list, but the city recorded a net loss of eight billionaire residents. As such when it comes to the richest cities in the world, New York City comes in at number 2. At its peak, General Motors enjoyed a 50% market share in the United States. Seven cities have population more than 3 million. Cities may be defined as the cities proper, the extent of their urban area, or their metropolitan regions. Founded in 1630, Boston is one of our countries oldest cities. In 2022, cities with strong oil and gas industries like Riyadh, Sharjah, Dubai, Luanda, Abu Dhabi, Doha, and Lagos grew exceptionally. Top 50 Richest Places In America Allocated $350 Million "Coronavirus More than 80% of Russias, call its capital home, including mining mogul. Top 50 Richest People in the World (2020) | Top Richest Quezon City unseats Makati as PH's wealthiest LGU - RAPPLER 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. In fact, Delhi's population can beat Tokyo by 2028. The city of rich historical, cultural, political and social significance, New Delhi, ranks second on this list with a GDP of $293.6 billion. Lets take a closer look at some of the top-ranking cities making the list. 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. 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. Richest Asian Countries 2023 - worldpopulationreview.com 50 Largest Cities in the World - 24/7 Wall St. With the onset of free-market reforms in the 1990s, Beijing saw its economic development soar. In the list of Forbes' Philippines' 50 Richest 2020, the Sy siblings remain at the number one spot of Philippines' Rich List for this year with a net worth of $13.9 Billion despite losing $3.3 Billion due to the pandemic. Furthermore, the Big Apple was also a popular destination for entrepreneurs and innovative businesses, furthering its reputation as a financially-savvy city. Top 10 Richest Cities In India - TravelTriangle.com 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. With an estimated GDP of $310 billion, Mumbai ranks number one in the list of the richest cities in India. Till 2030, Tokyo city will project to be the top-most populated city on earth. 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, . World GDP per capita Ranking 2021 - StatisticsTimes.com Five are new billionaires from the finance industry, including private equity wizards, . Fortune Global 500 companies housed in Moscow include Gazprom, Rosneft Oil and Sistema among others. 24/7 Wall Street reviewed income levels in 382 metropolitan . Greater Mumbai still is the most populated city in its 440 sq. Ranked: Americas Best Places to Work in 2023, Mapped: GDP Growth Forecasts by Country, in 2023, Charted: Teslas Unrivaled Profit Margins, Ranked: The Top Online Music Services in the U.S. by Monthly Users. According to the Greater Houston Project, As retailers work to rebuild their inventories, as factories struggle to resolve supply chain issues, as the global economy continues to grow, so will the demand for Houstons exports, and so will Houston employment,. The 30 Richest People in the World - Wealthy Gorilla The third-wealthiest country in Asia is Japan, with just over $5.3 trillion. Singapores richest resident. 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. Dubai in top 10. This includes the burgeoning FinTech, or financial technology industries. Top 50 Richest People in the World - Moneymint Elon Musk Elon Musk is a South African-born Canadian-American businessman, investor & the richest person in the world. Click on the headers to reorganize columns. + - Leaflet | Tiles OpenMapTiles | Data OpenStreetMap contributors Income distibution for all U.S. cities Other notable NYC billionaire residents include hip-hop superstar, , the widow of former Koch Industries magnate. The Private Industry Council works to promote the local economy via job training programs. 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. But what are the fastest growing cities for the rich? $520.1. 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. 3. There is a distinction between wealth held by identifiable individual billionaires or a "nuclear family" and the wider notion of an extended family or a historical "dynasty," where the wealth of a . Since 1949, Beijing was considered one of China's most industrial cities. 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. Rounding out the top three cities is Tokyo, with $2.5 trillion in private wealth. Cairo Cairo Pyramids Hotel - Cairo, Egypt (photo: Marriott) ADVERTISEMENT Located along the Nile River, Cairo is one of the. Top 5 Most Populated Cities in the World - NCERT Books Its wealthiest resident, , chairman and CEO of Internet media behemoth Tencent Holdings, is the, . Los Angeles, Chicago and Houston round out the top five. Where are the German and Chinese Cities? Mapped: Which Countries Have the Highest Inflation? The largest economy in states, New York Citys prosperity is rooted in Wall Street. Los Angeles, USA The city of Los Angeles makes significant efforts to foster economic growth in the local community. Our ranking shows the 50 wealthiest countries, measured by gross domestic product per capita and adjusted by the purchasing in the respective country. Moreover, much of London's wealth is concentrated in neighborhoods like Westminster, Kensington, Islington, and Chelsea. Unlike so many other cities bending under the weight of a post-pandemic world, Houstons economy hs gotten stronger. San Francisco also relishes in its reputation as the sixth largest economy in the US. 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. These industries include manufacturing, energy, information tech, finances, telecommunications, education, and telecommunications. Which Countries are Buying Russian Fossil Fuels? Wealthiest cities (amount in billions . 12. Mapped: Europes Biggest Sources of Electricity by Country, Visualizing the Scale of Global Fossil Fuel Production, Visualizing U.S. [Online]. Home to thousands of millionaires, wealthy Parisian neighborhoods include the 7th Arrondissement, the Boulogne-Billancourt, Saint-Cloud, and Neuilly-sur-Seine. Beijing also has a sizeable billionaire population of 100 people, compared to any other international city. Seoul is a gorgeous city and the economic hub of South Korea. 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. Global 500 | Fortune Not surprisingly, China is home to three of these cities, including Hong Kong (SAR). Surprisingly, this is the Big Apples first time atop the ranking. With the onset of free-market reforms in the 1990s, Beijing saw its economic development soar. L.A. is also abuzz with development projects, such as refurbishing businesses like Manns Chinese Theater, as well as infrastructure projects. 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. How does a city become one of the wealthiest in the world? Consumption of Fuel and Materials per Capita, Visualizing Chinas Dominance in Battery Manufacturing (2022-2027P), Mapped: The Population of Indias States Compared with Countries. Beyonc, Jay Z and Taylor Swift are just a few of the celebrities who own property in Tribeca. Then you can access your favorite statistics via the star in the header. Top Cities in the World to Visit. If we're looking at cities in terms of total wealth, then the Big Apple leads the pack by a country mile. TOP-10 Richest cities in the world 2023 - wagecentre.com 2. Kolkata is the third richest city in South Asia after Mumbai and Delhi. It had about 2,000 inhabitants at the time. At 35 years old, Mark Zuckerberg is the youngest richest person by more than a decade. The city with one of the most expensive real estate markets worldwide, Hong Kong ranked fourth in this list, followed by Los Angeles, which moved up from its ninth rank in 2021. 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. Fortune 500 companies located in the Rhine-Ruhr metropolitan area include: ThyssenKrupp AG, RWE AG, Bayer AG, Evonik Industries, among others. Statista. Zurich, Switzerland - 27.34% Millionaires. Other Shanghai entrepreneurs are newcomers to the list, including, , who draws his wealth from express delivery firm ZTO Express, and, , whose anime and entertainment site Bilibili, an uptick in demand after it gave residents of locked down areas. Top 10 richest cities in the world, according to Wealth-X - CNBC 1. 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. RANKED: These Are The 50 Richest Towns To Live In The United States, 2020 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.). Though affordability sounds good at face value, sitting at the bottom of the ranking isnt necessarily a coveted position. Delhi city is the second most populated city in the world with a 30,291,000 million population. Top 10 Richest Cities In The World - IndiaTimes The 10 Richest Cities in the World - WorldAtlas The Big Smoke is no stranger to economic prosperity. This statistic is not included in your account. Shipping isnt the only industry which brings revenue into SEZ, its also the sizable industrial parks, high-tech industries and of course, trade. Five of the 10 wealthiest cities in the world are in the US Other industries driving their economy are tech, tourism, and the service industries such as hospitality. The list of top 50 richest football clubs in the world ranked by Forbes have been revealed. The wealthy city-state has 31 billionaire residents, up from 22 last year, and replaces Seoul in the top 10. If you are an admin, please authenticate by logging in again. London and the rest of the United Kingdom finally left the European Union on January 31st, 2020. Among Singapores newcomers are gaming tycoons, , cofounders of the online gaming and e-commerce firm Sea; both industries have. 2022 Rankings of Highly Urbanized Cities. Europe comes in third with five cities, though only London makes into the top 10 portion of the ranking. MacKenzie Scott is an American novelist and philanthropist. StartupTalky has compiled an exhaustive list of the top richest people in India for the year 2022. Show publisher information These are of very low quality and should be avoided. In detail, 144 billionaires resided in the capital of China. It has a diverse stable economy ranging from Gas Extraction and Manufacturing, Companies and Enterprise, and Retail Trade. 2. 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. This is a list of cities in the world by gross domestic product (GDP). Additionally, factors such as taxes, transportation costs, and availability of goods and services can also contribute to the overall cost of living in global cities. The Chinese capitals tally of ten-figure-fortunes rose by six since last year to reach 67 billionaires. Despite its picture of wealth, only a small percentage of Seoul's population claim to be wealthy. The TYO encompasses over 3,700 listed companies and a market value estimated at JPY 600 trillion (or approximately $42 billion USD).