top 50 richest cities in the world 2020

Here are the Top 10 Richest Places in America and how they split their Heroes Act bailout allocation: #1. Please create an employee account to be able to mark statistics as favorites. 1. Boasting a population of over 300,000 resident millionaires, Tokyo is also home to a dozen billionaires. New York. Five are new billionaires from the finance industry, including private equity wizards Tony Tamer and Steven Klinsky. 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. The world's most expensive cities for 2022 | CNN Access to this and all other statistics on 80,000 topics from, Show sources information Otherwise, the city serves as a global financial centre, due to its large abundance of banks, insurance companies, and financial service centres. Hong Kong is once again the city with the second most billionaires in the world. 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. 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. Beijing, China: $591.374 Billion Beijing is the capital of China and has a population of over 20 million. Blessed with an affordable cost of living, two stunning shorelines, vibrant cities, and swathes of glorious scenery, its understandable, Read More The 10 Best Places to Live in Mexico for AmericansContinue, If you live in Kentucky already, then youll already be well aware that when it comes to crime, the Bluegrass State is doing pretty well for itself. You need at least a Starter Account to use this feature. Billionaire refers to U.S. dollar billionaire. Industries critical for L.A.s economic success include entertainment, international trade, gaming, tourism, fashion and more. Major metropolitan areas contributing at least 2.5% of world GDP. India is the second largest country in the world after China. Foreign corporations such as IBM, Nestle, Hewlett-Packard and more flooded Beijing, causing a rapid economic expansion. 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. Newcomers to the billionaire ranks who live in San Francisco include private equity dealmaker Orlando Bravo and cloud communications entrepreneur Vlad Shmunis. Richest Asian Countries 2023 - worldpopulationreview.com In fact, such diversity plays well in times of economic hardship, which includes the recent downturn caused by the pandemic. Paris, which has topped the ECA list in the past, dropped out of the top 30. 9 last year. "Leading cities with the most billionaires in 2022." 12. Moreover, a portion of Beijing's rapid economic growth is the product of international investments, registering over 45,000 foreign-invested businesses in 2020. Photo: @Kim Kardashian West. Statista. As a SEZ, businesses in the area receive special treatment in the form of tax benefits, which helps increase the GDP bottom line immensely. Some cities have some obvious billionaires that come to mind. Four cities made the list for the first time: Blackhawk, California; New Albany, Ohio; Long Grove, Illinois; and Darnestown, Maryland. This large metropolitan area has a history of being the hub of Germanys heavy industry sector. 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. Kolkata is the third richest city in South Asia after Mumbai and Delhi. 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. Furthermore, the Big Apple was also a popular destination for entrepreneurs and innovative businesses, furthering its reputation as a financially-savvy city. Its known as the mecca of tech innovation, and as a result, the region has a high concentration of wealthy individuals. Which Countries are Buying Russian Fossil Fuels? A paid subscription is required for full access. Despite being significantly smaller than Los Angeles, San Francisco houses more millionaires than its southern California counterpart. The richest cities in the world are determined by their gross domestic product, or GDP. Otherwise, Los Angeles enjoys wealth from other industries related to biosciences, trade, information, transportation, and aerospace. Ranked: The Top 10 Global Cities, by Ultra-Wealthy Population Many cities in India are densely inhabited, trade between them has improved, and transportation systems have been modernized. Countries that want to attract wealthy individuals will have to apply tax-friendly policies along with other factors such as quality of life, safety, education, and access to amenities that ultra-wealthy residents value. L.A. makes good use of both job training programs and development projects. Industries that have found success in the city include food processing, manufacturing, publishing, insurance and tourism. The cannabis business is rather recent, but also encourages financial growth for the city. San Francisco also has the highest median household income in the country. Dallas is known to attract innovation, and one look at some of the top companies in Dallas proves it: AT & T, Texas Instruments, Pinnacle Group, Solera and Capital Networks, among others. Chart. With about 2,320 multi-millionaires calling Paris home, the backbone of this European city relies on hospitality, commerce, transportation, and other services. This city's success is due to its industrial and manufacturing activity, made up of a technology-savvy and highly skilled work force. The top ten richest cities in the world based on private wealth include: 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. ", 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. Which Countries Have the Lowest Inflation? Chicago, which serves as the home base for 35 Fortune 500 companies, is home to 160,100 millionaires, 340 centimillionaires and 28 . Toronto is the second largest financial center in North America, Like New York City, Torontos financial hub is populated by diverse industries. 1. These cities have a combined GDP of $2.4st trillion, equating to more than double that of second-place San Francisco. Those include Abhay Vakil, who heads Indias largest paint company, Asian Paints, and the Parekh brothers, who control adhesives and sealants maker Pidilite Industries. Penthouses in the 30 Park Place complex are currently listed for 10 times as much. List of wealthiest families - Wikipedia 10. Montgomery Street is considered the Wests Wall Street and is located in San Francisco. 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. Makati City: $4.48 billion. Cities may be defined as the cities proper, the extent of their urban area, or their metropolitan regions. Loudoun County is located in the Commonwealth Virginia, with a population of 375,000 people. Once a leader in the manufacturing industry, that industry has been bowing to more modern industries like high tech, financial services and electronics. London, United Kingdom: $978.402 Billion, 2. 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Tripoli and Tehran, the capitals of Libya and Iran, respectively, follow next on this list, reflecting their weakened economies. 7 and Shanghai and Beijing staying flat at No. 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.. 10 Richest Car Companies In The World - ventured.com The Rhine-Ruhr metropolitan area is the economic power house of Germany. 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. In fact, London is one of the chief financial centers of the world. 11. Hong Kong is once again the city with the second most billionaires in the world. Its wealthiest resident, , chairman and CEO of Internet media behemoth Tencent Holdings, is the, . Though affordability sounds good at face value, sitting at the bottom of the ranking isnt necessarily a coveted position. According to various estimates, the Japanese capital is home to 13.1 to 13.7 million people. If you are an admin, please authenticate by logging in again. 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. The median home value for the lower Tribeca area is around $2.5 million. Mapped: Which Countries Have the Highest Inflation? The richest city in the world is Tokyo. The collective net worth of the citys billionaires is $424 billion, down $45.7 billion from a year ago. The largest economy in states, New York Citys prosperity is rooted in Wall Street. 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, according to Wealth-X - CNBC StartupTalky has compiled an exhaustive list of the top richest people in India for the year 2022. 2 on the list, but the city recorded a net loss of eight billionaire residents. America's 50 richest towns in 2020 | Daily Mail Online 3. 7 and Shanghai and Beijing staying flat at No. Well-known corporations that reside in SEZ are Tencent, Huawei and DJI. 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. Loudoun County is the richest county in the USA, with an estimated average household income of $ 117,876. 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. Reportedly, the top 20% earners in the city have an average salary of over $280,000 USD, with the top 5% earning over $530,000 USD. As a Premium user you get access to background information and details about the release of this statistic. 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. Meanwhile, seven cities in Asia with the common denominator of high-income inequality and low wages dominate the list of the worlds cheapest cities. Cebu City: $660 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 ideal entry-level account for individual users. According to the Hurun Global Rich List 2022, the leading city with the most billionaires in 2022 was Beijing. Cities become expensive due to a variety of factors such as high demand for housing, a concentration of high-paying businesses and industries, and a high standard of living. Despite suffering a tough downturn due to the pandemic, Shanghai remains one of the worlds richest cities. All maps, graphics, flags, photos and original descriptions 2023 worldatlas.com, The World's Most Populated Capital Cities. However, today it has moved on to other, more profitable economic interests such as finances, high tech and insurance, to name a few. 50 Richest Countries in the World 2020. The 15 Richest Cities in the US - MoneyWise Currently, you are using a shared account. India's 100 Biggest Cities, Largest Cities in India - NRIOL San Francisco also relishes in its reputation as the sixth largest economy in the US. 25 Richest Cities in Europe - WorldlistMania Currently, 43 Fortune 500 companies that call New York City home include: Verizon, JP Morgan, Pfizer, Citigroup, MetLife, Goldman Sachs, Morgan Stanley, and more. You only have access to basic statistics. Quezon City: $1.69 billion. Adding to the diversity are biotech companies and information technologies. Their net worth is based on the data from 2022 available on their respective Forbes profiles.

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