L.A. is also abuzz with development projects, such as refurbishing businesses like Manns Chinese Theater, as well as infrastructure projects. Singapore broke into the top 10, replacing Seoul, which was No. Visualizing the Global Share of U.S. Stock Markets. London is ranked second with $2.7 billion in private wealth. Loudoun County is located in the Commonwealth Virginia, with a population of 375,000 people. Paris is also home to several Fortune Global 500 companies such as, BNP Paribas, Peugeot, CNP Assurances, SNCF, Vivendi and more. Besides thriving on industries related to finance, tourism, and media, London's wealth is also linked to the London Stock Exchange (LSE). 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. However, invading a sovereign nation had its consequences, and Russias entire economy is in a state of disrepair. Macao SAR will climb from 17th in 2020 to 9th in 2021. Hong Kong remains No. Top 50 Richest People in the World - Moneymint 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. Both these cities had high inflation and a strong currency. Km. These cities have a combined GDP of $2.4st trillion, equating to more than double that of second-place San Francisco. The Private Industry Council works to promote the local economy via job training programs. In detail, 144 billionaires resided in the capital of China. Gautam Shantilal Adani. The TYO encompasses over 3,700 listed companies and a market value estimated at JPY 600 trillion (or approximately $42 billion USD). Cairo Cairo Pyramids Hotel - Cairo, Egypt (photo: Marriott) ADVERTISEMENT Located along the Nile River, Cairo is one of the. Top 10 Richest Cities In The World 2023 Quezon City unseats Makati as PH's wealthiest LGU - RAPPLER Top 50 richest actors in the world: Who is the wealthiest? 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. Asia continues to dominate the list of the worlds least expensive cities, followed by parts of North Africa and the Middle East. The Periodic Table of Commodity Returns (2013-2022), Visualizing 25 Years of Lithium Production, by Country, Ranked: The Worlds Largest Copper Producers, All the Metals We Mined in 2021: Visualized, Chart: Automakers Adoption of Fuel-Saving Technologies, Explainer: What to Know About the Ohio Train Derailment, A Visual Crash Course on Geothermal Energy. Business Solutions including all features. 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. The Fortune 500 companies hosted by Boston include: State Street, Liberty Mutual Insurance, Gillette and General Electric. Since 1949, Beijing was considered one of China's most industrial cities. The Top 5 Cities in Mexico in 2020. The collective net worth of the citys billionaires is $424 billion, down $45.7 billion from a year ago. 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. Being the largest city of the country, Mumbai is extensively . 27. In fact, such diversity plays well in times of economic hardship, which includes the recent downturn caused by the pandemic. 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. For the first time, revenues from Global 500 companies in Greater China (including Taiwan). New York is the wealthiest city in the worldhome to 345,600 millionaires with a total private wealth that exceeds $3 trillion. This northern Chinese city is not only a hub for luxury brands, it headquarters China's largest companies, many of which are considered in the Fortune Global 500. Elon Musk Elon Musk is a South African-born Canadian-American businessman, investor & the richest person in the world. Other profitable sectors include information technology, medical technology, retail, financial and legal sectors. TOP-10 Richest cities in the world 2023 - wagecentre.com Washington, D.C.. Foreign corporations such as IBM, Nestle, Hewlett-Packard and more flooded Beijing, causing a rapid economic expansion. Compared to many other states, Kentucky has low, Read More The 20 Safest Places to Live in KentuckyContinue, The price of land jumped dramatically from 2020 to the present. Tokyo may not be as wealthy as New York, but this megacity remains one of the richest cities in Asia. Let's consider New York City. 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. Source: Forbes Music: Beethoven 5th Symphony Photo: @Kim Kardashian West. Fortune 500 companies located in the Rhine-Ruhr metropolitan area include: ThyssenKrupp AG, RWE AG, Bayer AG, Evonik Industries, among others. The Top 15 Cities in Asia in 2020. This international city has over 192,000 resident millionaires with 34 billionaires. Its also host to the headquarters of around 75 percent of the worlds Fortune 500 companies. With the onset of free-market reforms in the 1990s, Beijing saw its economic development soar. 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. City of Clayton -$146,225. As a SEZ, businesses in the area receive special treatment in the form of tax benefits, which helps increase the GDP bottom line immensely. In 2022, cities with strong oil and gas industries like Riyadh, Sharjah, Dubai, Luanda, Abu Dhabi, Doha, and Lagos grew exceptionally. StartupTalky has compiled an exhaustive list of the top richest people in India for the year 2022. 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,. 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. A home stands in Atherton, California, U.S., on Tuesday, Feb. 18, 2020. These include three Indian cities, Tashkent in Uzbekistan, Almaty in Kazakhstan, Pakistans most populous city of Karachi, and Sri Lankan capitalColombo. Kolkata is the financial, commercial and industrial hub of the North East region. Richest Cities in the World. Statista. To use individual functions (e.g., mark statistics as favourites, set 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. Top 50 Richest Indians in 2022: Comprehensive List - StartupTalky 50 Largest Cities in the World - 24/7 Wall St. Other notable NYC billionaire residents include hip-hop superstar, , the widow of former Koch Industries magnate. More than 80% of Russias billionaires call its capital home, including mining mogul Vladimir Potanin, who is also the richest person in the nation. The infographic above uses data from EIU to rank the world most and least expensive cities to live in. Among the top 50 economies having the highest gdp per capita, Macao SAR . 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. Principal industries which were the engine behind Moscows economy are textile, metallurgy, energy, and chemical. Profit from the additional features of your individual account. We added hundreds of new lists - see our top 101 city lists. 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. Tokyo is also a major center for banking and insurance, and is home to many multinational companies like Honda and Sony. Otherwise, the city serves as a global financial centre, due to its large abundance of banks, insurance companies, and financial service centres. Learn more about how Statista can support your business. The 20 Richest Cities in the World in 2022 - Money Inc 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. Houstons economy is diverse, from the worlds largest petrochemical manufacturing center to health care and medical research, real estate, finance, and information tech industries. 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. The cities shown in our visualization are already well-established locations for high-net-worth individuals. This is because they are supposed to get a better idea, Read More When is it OK to Buy a House Site Unseen as an Investor?Continue, You might be thinking of relocating to New Hampshire for work or other reasons. Tokyo has 39 million residents which are 50% more than any other urban area of the world. San Francisco has a rich economic history,,one that includes the wealth generated by the California Gold Rush. U.S. Inflation: How Much Have Prices Increased? 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. It is the largest urban economy on the planet. Trip Ideas; China is crucial to the worlds supply chain, and Shenzhens container port is one of the largest. 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. Boston-Cambridge-Newton, Massachusetts. This international city is also attractive to domestic and foreign investors alike. If you are an admin, please authenticate by logging in again. This may not be surprising, considering the U.S. is the world's largest wealth marketit holds over 29% of the world's wealth. Kolkata- GDP $150.1 Billion. Out of the 2,095 members of the 2020 Forbes Worlds Billionaires list, 552 live in just ten cities. A paid subscription is required for full access. Its no surprise that its capital city of Damascus has maintained its position as the worlds cheapest city. China retains its title as the country with the most cities in the top 10, with Shenzhen moving up one spot to No. According to a study by Teleport, Osaka scores well when it comes to affordable housing, community safety, business, and healthcare. According to various estimates, the Japanese capital is home to 13.1 to 13.7 million people. Most affluent women worldwide 2022, by net worth, Worldwide wealth distribution by net worth of individuals 2021, Countries with the highest wealth per adult 2021. He worked to revolutionize transportation on earth. 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. Other notable NYC billionaire residents include hip-hop superstar Jay-Z and Julia Koch, the widow of former Koch Industries magnate David Koch. Singapores richest resident, Zhang Yong, 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. Other industries which thrive here are those in high-tech, scientific R&D, professional services such as legal, insurance, finance and public administration. 3. Tokyo, Japan- GDP: $1,520 billion. After their divorce, MacKenzie received a 4% stake in Amazon, which was worth about $35 billion at the time. At its peak, General Motors enjoyed a 50% market share in the United States. Once considered a major shipping hub to the world, that distinction has been replaced by the service industries, such as financial services. By examining a cities GDP, we can get a good idea of its industries and how they contribute to the overall economic growth. After all, Paris is one of the hotbeds of world tourism, its the city of love and art. Top 50 Richest Places In America Allocated $350 Million "Coronavirus 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. These industries include manufacturing, energy, information tech, finances, telecommunications, education, and telecommunications. 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. London City | Photo: Reuters 7. Top 10 Poorest Countries In The World 1. Moscow. Montgomery Street is considered the Wests Wall Street and is located in San Francisco. Dallas Number of individuals with a net worth of $5 million or more: 36,515 Percentage of global population: 1.2% 9. But the Nations Valentine has so much more to offer. Richest Counties in the United States - [2023 Updated] - RichUpdates Access to this and all other statistics on 80,000 topics from, Show sources information London and the rest of the United Kingdom finally left the European Union on January 31st, 2020. Top 10 Richest Cities In India - TravelTriangle.com Kimberly Noel Kardashian West is an American media personality, socialite, model, businesswoman, producer, and actress. In fact, Delhi's population can beat Tokyo by 2028. + - Leaflet | Tiles OpenMapTiles | Data OpenStreetMap contributors Income distibution for all U.S. cities The ideal entry-level account for individual users. Other industries which influence the economy of Boston include the biotech industry, tourism, finance services and several Fortune 500 companies. 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. In some U.S. cities, however, more than half of all households earn $70,000-plus. 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. This year 92 billionaires live in the Big Apple as their primary residence 8 more than a year ago. Fortune 500 companies include Discovery Communications, Fannie Mae, Walmart and CACI International among others. 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. You can only download this statistic as a Premium user. While the cost of living in some of the cities in these nations is low, it comes at the price of a weak currency, poor economy, and, in many cases, political and economic turmoil. 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. Moreover, much of London's wealth is concentrated in neighborhoods like Westminster, Kensington, Islington, and Chelsea. 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. This includes the burgeoning FinTech, or financial technology industries. Ranked: The World's Wealthiest Cities, by Number of Millionaires New York, U.S . 1. 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. Seven cities have population more than 3 million. What is the Cost of Living in New Hampshire? Use Ask Statista Research Service. Looking to the future, companies and high-net-worth individuals will inevitably move where they are treated best. As of 2020, there is an estimated $3 trillion worth of assets and capital in the city. 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. 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. 1. Situated in the southern part of California, Los Angeles is known for its large population of celebrities, tech moguls, and the financially fortunate. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. 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). 2 on the list, but the city recorded a net loss of eight billionaire residents. This is a list of cities in the world by gross domestic product (GDP). Richest Cities Of India - BW Businessworld Moreover, when it comes to its residents, there are about 9,210 multi-millionaires calling London home, as well as 38 billionaires. Some cities have some obvious billionaires that come to mind. . Once a top contender in manufacturing, today manufacturing revenue covers only around 10 percent of the economy. China retains its title as the country with the most cities in the top 10, with Shenzhen moving up one spot to No. [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. Meanwhile, seven cities in Asia with the common denominator of high-income inequality and low wages dominate the list of the worlds cheapest 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. India's 100 Biggest Cities, Largest Cities in India - NRIOL He also praises the seafood, arts scene and welcoming atmosphere, though other critics call Seattle residents overly materialistic. Being one of Asia's most wealthy countries, South Korea is home to the capital Seoul, which witnessed an 11% increase in its millionaire population between 2019 and 2020, despite facing a global pandemic. Fortune 500 companies include Comcast, Colonial Penn, Sunoco, Aramark, CIGNA, Lincoln Financial Group, and more. Devoted to encouraging economic development, Chicagos Department of Planning and Development has a number of economic development initiatives. March 17, 2022. In fact, London is one of the chief financial centers of the world. In fact, Tokyo plays host to the top money-building organizations and minds anywhere on Earth. Bloomberg: richest places in America - CNBC As such, you can see how anything affecting these shipping ports will have a negative impact on world wide supply chain logistics. 1 with $13.9 billion. Newcomers to the billionaire ranks who live in San Francisco include private equity dealmaker Orlando Bravo and cloud communications entrepreneur Vlad Shmunis. Additionally, approximately 18% of Japan's universities are found in Tokyo. Pasig City: $710 million. Those include, , who heads Indias largest paint company, Asian Paints, and the, , who control adhesives and sealants maker Pidilite Industries. The county seat of Loudoun is in Leesburg, where most administration activities take place. 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. This list is incomplete, as not all companies disclose their information to the general public. In the U.S., a few tax-friendly states like Texas and Florida became home to American companies moving their head offices there. 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. The cannabis business is rather recent, but also encourages financial growth for the city. Today, Boston is a center of learning with many stellar educational institutions like MIT and Harvard, which contribute greatly to Bostons economy. London, United Kingdom: $978.402 Billion, 2. 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. 1.Tokyo, Japan (GDP - $1,520 billion) The richest city in the world in 2022 is Tokyo. Their net worth is based on the data from 2022 available on their respective Forbes profiles. More than 80% of Russias, call its capital home, including mining mogul. MacKenzie Scott is an American novelist and philanthropist. 2022 Rankings of Highly Urbanized Cities. Till 2030, Tokyo city will project to be the top-most populated city on earth. Moreover, a portion of Beijing's rapid economic growth is the product of international investments, registering over 45,000 foreign-invested businesses in 2020. In particular, the United States claims five of the cities in the top 10, including the very top spot with New York City. In 2019, the Northern California city attracted 26.2 million visitors who spent around $10.3 billion USD in the city. Beijing is the capital of China and has a population of over 20 million. Even though the city was riddled with the effects of the pandemic, Job growth occurred with another 5,700 jobs added. If youre looking, Read More The 20 Cheapest Places to Buy Land in the U.S. 2022Continue. Dallas plays host to a variety of industries, and its these industries which are responsible for the economic growth of the Dallas metropolitan area. Top 100 Poorest Countries in the World (2023) - Information 4. 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. Being China's largest city, Shanghai also houses on of the world's largest ports, due to its proximity to the Yangtze River Delta. Two of those in Beijing are new billionaires this year: Larry Xiangdong Chen of GSX Techedu and Liu Yachao of TAL Education Group, both of whom own companies that provide online education and after-school tutoring for students.
Average Profit Per Hotel Room, Articles T