Pasig City: $710 million. the country's economy as a whole is one of the fastest growing in the world. Furthermore, 121. Other industries which thrive here are those in high-tech, scientific R&D, professional services such as legal, insurance, finance and public administration. Chicago, which serves as the home base for 35 Fortune 500 companies, is home to 160,100 millionaires, 340 centimillionaires and 28 . Industries that contribute to New York Citys economy are health care, tourism, real estate, tech, publishing, fashion, media and insurance, among others. 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. 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 decade-long conflict in Syria weakened the Syrian pound, led to a spiraling inflation and fuel shortages, and further collapsed its economy. Values soared as interest rates on loans went down in a sellers market, which made it tougher to find affordable properties. , a member of the citys Raheja real estate clan, who was worth an estimated $2.3 billion last year. The Top 5 Cities in Mexico. New York, U.S . Besides being a major educational hub and commercial space, Tokyo's economy relies on industries related to healthcare, communications, transportation, and real estate. The 373-page COA report covered all 81 provinces, 145 out of 146 cities, and 1,447 out of 1,488 municipalities that submitted their 2020 financial statements. Historically speaking, Osaka has always been thought of as a major economic center of Japan. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Dubai ranks at #6 on the PlanetWare guide, ahead of Singapore, Rome, Istanbul, and Tokyo. With the onset of free-market reforms in the 1990s, Beijing saw its economic development soar. 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. Fortune Global 500 companies in Tokyo include: Honda Motors, Hitachi, Sony, Mitsubishi and more. It is the largest urban economy on the planet. Today, Boston is a center of learning with many stellar educational institutions like MIT and Harvard, which contribute greatly to Bostons economy. Besides thriving on industries related to finance, tourism, and media, London's wealth is also linked to the London Stock Exchange (LSE). 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 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. Get full access to all features within our Business Solutions. Rounding out the top three cities is Tokyo, with $2.5 trillion in private wealth. Bloomberg: richest places in America - CNBC It has a diverse stable economy ranging from Gas Extraction and Manufacturing, Companies and Enterprise, and Retail Trade. The current state of the Moscow economy isnt as bright as it was earlier in the year due to sanctions. Macao SAR will climb from 17th in 2020 to 9th in 2021. One dropoff is Rajan Raheja, a member of the citys Raheja real estate clan, who was worth an estimated $2.3 billion last year. Mumbai - City Of Dreams. 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. New York's richest resident, 476 Washington Avenue, former mayor Michael Bloomberg, has a net worth of $45 billion, making him one . 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. Lets take a closer look at some of the top-ranking cities making the list. Newsletter. [Online]. The 50 Most Innovative Cities in the World - Business Insider Greater Mumbai still is the most populated city in its 440 sq. A little known fact is that L.A. is the manufacturing center of the country. Among the top 50, Aruba will climb five spots. 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. This is a list of cities in the world by gross domestic product (GDP).The United Nations uses three definitions for what constitutes a city, as not all cities may be classified using the same criteria. Use Ask Statista Research Service. Air Cargo News Awards 2020. dnata wins again. According to various estimates, the Japanese capital is home to 13.1 to 13.7 million people. Image Source. After their divorce, MacKenzie received a 4% stake in Amazon, which was worth about $35 billion at the time. The Top 25 Cities in the World in 2020. 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. Refer to sources for more information. Shipping isnt the only industry which brings revenue into SEZ, its also the sizable industrial parks, high-tech industries and of course, trade. By examining a cities GDP, we can get a good idea of its industries and how they contribute to the overall economic growth. Los Angeles is not California's only wealthy city! New York City (NYC), which lost the number one slot to Beijing in 2021, has added eight new billionaires with a total net worth of $640.4 Billion. 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. Richest City in the World 2023 - worldpopulationreview.com Singapore broke into the top 10, replacing Seoul, which was No. 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. The city contributes about 30% of goods sold in Russia. Kolkata is the financial, commercial and industrial hub of the North East region. You can only download this statistic as a Premium user. This infographic uses information from the Henley Global Citizens Report, in partnership with New World Wealth, to rank the worlds wealthiest cities. Mumbai gained one billionaire resident since 2019, losing five billionaires but adding six newcomers. In terms of asset management, FinTech, and ESG investment, Tokyos continued growth as the worlds most foremost economies appears secured. 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. Ranked: The Top 10 Global Cities, by Ultra-Wealthy Population New York City notched the top spot for the sixth year running, growing its count of billionaire city dwellers by eight compared to 2019. Taguig City: $480 million. He is worth $1 billion, becoming the richest actor in the world. Well-known corporations that reside in SEZ are Tencent, Huawei and DJI. From Singapore To New York City, more than 26% of the worlds 2,095 billionaires live in just 10 cities on three continents. Statista. Fortune Global 500 companies include SK Holdings, POSCO, LG Electronics and more. While Shenzhens export-led manufacturers have. A massive powerhouse in Seoul is Samsung. Top 10 Poorest Countries In The World 1. London City | Photo: Reuters 7. As a SEZ, businesses in the area receive special treatment in the form of tax benefits, which helps increase the GDP bottom line immensely. Seven cities have population more than 3 million. At 35 years old, Mark Zuckerberg is the youngest richest person by more than a decade. Monaco - 29.21% Millionaires. Leading billionaire cities 2022 | Statista 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. (Video) TOP 10 RICHEST CITIES In The World 2021 (Uncover) Which is the richest city in the world 2022? The infographic above uses data from EIU to rank the world most and least expensive cities to live in. Hong Kong remains No. Washington, District of Columbia: $578.985 Billion, 4. According to Investopedia, Gross domestic product (GDP) is the total monetary or market value of all the finished goods and services produced within a countrys borders in a specific time period. In this case, we are looking at the GDP of metropolitan statistical areas, and not countries. 10 Richest Car Companies In The World - ventured.com The United Nations uses three definitions for what constitutes a city, as not all cities may be classified using the same criteria. Trip Ideas; 2 on the list, but the city recorded a net loss of eight billionaire residents. The LSE is one of the largest stock exchanges in Europe, encompassing assets from over 2,400 companies, with many of these companies using London as their central headquarters. In fact, Tokyo plays host to the top money-building organizations and minds anywhere on Earth. The richest cities in the world are determined by their gross domestic product, or GDP. 29. Fortune 500 companies located in the Rhine-Ruhr metropolitan area include: ThyssenKrupp AG, RWE AG, Bayer AG, Evonik Industries, among others. Not surprisingly, China is home to three of these cities, including Hong Kong (SAR). . Kuwait (-4) will be the worst loser, followed by The Bahamas (-3) and Iceland (-3). 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. 30 in the index, a. The 30 Richest People in the World - Wealthy Gorilla The TYO encompasses over 3,700 listed companies and a market value estimated at JPY 600 trillion (or approximately $42 billion USD). The Chinese capitals tally of ten-figure-fortunes rose by six since last year to reach 67 billionaires. This international city is also attractive to domestic and foreign investors alike. L.A. makes good use of both job training programs and development projects. The Fortune 500 companies hosted by Boston include: State Street, Liberty Mutual Insurance, Gillette and General Electric. A good part of their revenue comes from their port, which is the largest container port in the world. 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). Adding to the diversity are biotech companies and information technologies. In 2019, San Francisco's tourism industry resulted in 86,111 jobs. Cebu City: $660 million. The Shenzhen Special Economic Zone was created in May of 1980 and is based on Irelands Shannon Free Zone. Being the largest city of the country, Mumbai is extensively . 9 last year. The Rhine-Ruhr metropolitan area is the economic power house of Germany. Tourism is another major contributor to the economy of Philadelphia. 2. The largest economy in states, New York Citys prosperity is rooted in Wall Street. The 20 Largest Cities in the World: 2021 Edition | ArchDaily Home to both invention and innovation, animes, mangas and of course, robots, Tokyo is known as the financial center of the world. Top 10 Richest Cities In The World - IndiaTimes The collective net worth of the citys billionaires is $424 billion, down $45.7 billion from a year ago. For instance, Osaka is home to major electronics corporations like Sharp and Panasonic as well as pharmaceutical companies, food, retail and trading companies. The third-wealthiest country in Asia is Japan, with just over $5.3 trillion. Elon Musk Elon Musk is a South African-born Canadian-American businessman, investor & the richest person in the world. Tokyo has 39 million residents which are 50% more than any other urban area of the world. However, today it has moved on to other, more profitable economic interests such as finances, high tech and insurance, to name a few. 50 Largest Cities in the World - 24/7 Wall St. Florence, Italy - 2.59% Millionaires. 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. 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. 2. Alongside its growing wealth, San Francisco is also one of the fastest growing cities in the country. 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. 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. Penthouses in the 30 Park Place complex are currently listed for 10 times as much. 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. America's 50 richest towns in 2020 | Daily Mail Online statistic alerts) please log in with your personal account. Quezon City unseats Makati as PH's wealthiest LGU - RAPPLER Unlike so many other cities bending under the weight of a post-pandemic world, Houstons economy hs gotten stronger. As a Premium user you get access to the detailed source references and background information about this statistic. TOP-10 Richest cities in the world 2023 - wagecentre.com These industries include manufacturing, energy, information tech, finances, telecommunications, education, and telecommunications. Major financial powerhouses in London include Canary Wharf, HSBC and Barclays. The collective net worth of the citys billionaires is $424 billion, down $45.7 billion from a year ago. In particular, the United States claims five of the cities in the top 10, including the very top spot with New York City. 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. 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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. Furthermore, Tokyo owns 10% and close to 16% of Japan's officespace and workers, respectively. 2. The top 10 richest cities in the Philippines. 20 Cities with the Worst Weather in the U.S. How Eiza Gonzalez Achieved a Net Worth of $5 Million. Its wealthiest resident, , chairman and CEO of Internet media behemoth Tencent Holdings, is the, . Moscow. Boston-Cambridge-Newton, Massachusetts. But the Nations Valentine has so much more to offer. Otherwise, Los Angeles enjoys wealth from other industries related to biosciences, trade, information, transportation, and aerospace. Retail Investors Most Popular Stocks of 2023 So Far, Consumer Price Inflation, by Type of Good or Service (2000-2022), Mapped: Unemployment Forecasts, by Country in 2023, Decoding Googles AI Ambitions (and Anxiety), Ranked: Americas 20 Biggest Tech Layoffs Since 2020, Infographic: Generative AI Explained by AI, Infographic: 11 Tech Trends to Watch in 2023, Ranked: The Top 50 Most Visited Websites in the World, Visualized: The Most (and Least) Expensive Cities to Live In, Visualizing $65 Trillion in Hidden Dollar Debt, Visualizing the Relationship Between Cancer and Lifespan, Visualizing How COVID-19 Antiviral Pills and Vaccines Work at the Cellular Level, Mapped: The Most Common Illicit Drugs in the World. MacKenzie Scott is an American novelist and philanthropist. Top 10 richest cities in the world, according to Wealth-X - CNBC Moreover, much of London's wealth is concentrated in neighborhoods like Westminster, Kensington, Islington, and Chelsea. Top 100 City Lists Top 100 cities with highest median household income Top 100 cities with highest median household income Previous toplist Next toplist New! Here are the top 10 cities in Africa where the most rich people live Tokyo is the economic hub of Japan and is one of the most important cities in the world for business and finance. When Covid struck, global traveling came to a halt, and for a while Macao even slipped out of the 10 richest nations ranking. Beijing is the capital of China and has a population of over 20 million. 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. For example, Moscow's rich neighborhoods like Rublyovka contain private houses that can cost up to $60 to $80 million! Richest Asian Countries 2023 - worldpopulationreview.com Using data from Wealth-X, here's a look at the top 10 cities with the highest UHNW populations: It's worth noting that six of the top 10 UHNW cities are in America. San Francisco also has the highest median household income in the country. 25 Richest Cities in Europe - WorldlistMania However, invading a sovereign nation had its consequences, and Russias entire economy is in a state of disrepair. A paid subscription is required for full access. 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. American retail corporation Walmart has been the world's largest company by revenue since 2014. We added hundreds of new lists - see our top 101 city lists. New York City is also considered the country's leader in finance due to its storied past. Photo: @Kim Kardashian West. Among the top 10 richest economies, Ireland has the fastest-growing economy with 13.04%. 7 and Shanghai and Beijing staying flat at No. World's Richest Cities: The Top 10 Cities Billionaires Call Home 2020 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. 50 Richest Countries in the World 2020. 25 Best Cities in the World to Visit: World's Best 2021 - Travel + Leisure This list is incomplete, as not all companies disclose their information to the general public. New York is the wealthiest city in the worldhome to 345,600 millionaires with a total private wealth that exceeds $3 trillion. 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. The Top 5 Cities in Mexico in 2020. Dallas Number of individuals with a net worth of $5 million or more: 36,515 Percentage of global population: 1.2% 9. In fact, Seoul is known as the most wired city in the world due to the high concentration of high-tech industries. 3. The 20 Richest Cities in California (Updated for 2020) - Money Inc India is the world's second-most populous country, with several large cities and densely inhabited areas. Top 50 Richest Indians in 2022: Comprehensive List - StartupTalky The 30 Richest People In The World 2020 | Celebrity Net Worth 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.
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