top 50 richest cities in the world 2020

New York. Loudoun County is located in the Commonwealth Virginia, with a population of 375,000 people. How many millionaires, centimillionaires, and billionaires live in the worlds wealthiest cities? By 900,. Its no surprise to anyone that a good chunk of the Paris economy is the tourist trade. Keep in mind that state-owned corporations in China get tremendous government support no matter what the economic conditions, even Global 500 companies like SAIC Motor and China National Petroleum. There are 4,000 cities and towns in India. New York's richest person and former mayor, Michael Bloomberg, is worth $59 billion. 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. Chinese energy giants State Grid, China National Petroleum, and Sinopec rounded out the top five. Home to 12 Fortune 500 companies, the city of Philly is Pennsylvanias financial hub. from people staying indoors and spending more time online. 2 on the list, but the city recorded a net loss of eight billionaire residents. While Shenzhens export-led manufacturers have. 4, respectively. A big economic draw for San Francisco is its close proximity to Silicon Valley. The richest cities in the world are determined by their gross domestic product, or GDP. Industries that contribute to New York Citys economy are health care, tourism, real estate, tech, publishing, fashion, media and insurance, among others. It leverages a comprehensive data set that tracks the movements and spending habits of high-net-worth individuals in over 150 cities around the world. Another industry that rains gobs of revenue on the City of London is the tourism industry with over 20 million visitors per year. The Private Industry Council works to promote the local economy via job training programs. Top 100 Poorest Countries in the World (2023) - Information 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. The Richest Cities are shown below, based on GDP (Gross Domestic Product) data from 2011. China retains its title as the country with the most cities in the top 10, with Shenzhen moving up one spot to No. Dubai ranks at #6 on the PlanetWare guide, ahead of Singapore, Rome, Istanbul, and Tokyo. Loudoun County. The city employs 36,000 people and is home to some 75, 00 people. Since 1949, Beijing was considered one of China's most industrial cities. Hong Kong remains No. A paid subscription is required for full access. Florence, Italy - 2.59% Millionaires. The PPP is a way to meaure prices in different countries (and ultimate convert between currencies), based on the equal amount of goods and services that can be bought. 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. Los Angeles, USA The city of Los Angeles makes significant efforts to foster economic growth in the local community. With about 2,320 multi-millionaires calling Paris home, the backbone of this European city relies on hospitality, commerce, transportation, and other services. Among the top 50, Aruba will climb five spots. 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). In other words, the city produces poor copies of everything from designer fashions to scooters. For example, Moscow's rich neighborhoods like Rublyovka contain private houses that can cost up to $60 to $80 million! 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. If we're looking at cities in terms of total wealth, then the Big Apple leads the pack by a country mile. One of the largest cities in the world with the GDP of about 1,520 billion dollars, Tokyo is the wealthiest city in the world in terms of GDP ranking. - 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. This list is incomplete, as not all companies disclose their information to the general public. Top 50 Richest Places In America Allocated $350 Million "Coronavirus Among Singapores newcomers are gaming tycoons, , cofounders of the online gaming and e-commerce firm Sea; both industries have. Once considered a major shipping hub to the world, that distinction has been replaced by the service industries, such as financial services. Macao SAR will climb from 17th in 2020 to 9th in 2021. L.A. makes good use of both job training programs and development projects. We added hundreds of new lists - see our top 101 city lists. Interactive map The 20 Richest ZIP Codes in the USA - MoneyWise Here are the Top 10 Richest Places in America and how they split their Heroes Act bailout allocation: #1. Los Angeles is not California's only wealthy city! "Leading cities with the most billionaires in 2022." Other notable NYC billionaire residents include hip-hop superstar Jay-Z and Julia Koch, the widow of former Koch Industries magnate David Koch. 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. Values soared as interest rates on loans went down in a sellers market, which made it tougher to find affordable properties. Seoul is a gorgeous city and the economic hub of South Korea. The list of top 50 richest football clubs in the world ranked by Forbes have been revealed. Top 50 Richest People in the World - Moneymint , who is also the richest person in the nation. Two of those in Beijing are new billionaires this year: of TAL Education Group, both of whom own companies that provide online education and after-school tutoring for students. 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.. 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 50 richest countries in the world - Worlddata.info Learn more about how Statista can support your business. The four cities that made the top 50 in 2019 but did not make . Though affordability sounds good at face value, sitting at the bottom of the ranking isnt necessarily a coveted position. In the latest edition of the ranking, North America has a strong showing with seven of the wealthiest cities, by number of millionaires. The richest country in the world is Luxembourg. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Situated in the southern part of California, Los Angeles is known for its large population of celebrities, tech moguls, and the financially fortunate. Many cities in India are densely inhabited, trade between them has improved, and transportation systems have been modernized. For over 50 years, Tokyo has occupied the top spot, and shows no sign of slowing down. Register in seconds and access exclusive features. As a Premium user you get access to background information and details about the release of this statistic. Bloomberg: richest places in America - CNBC Washington, D.C.. London City | Photo: Reuters 7. The Top 5 Cities in Mexico in 2020. E-commerce has seen a boom in China since millions of citizens were locked down in an effort to slow the spread of the coronavirus in January, boosting the fortunes of online retail titans like Colin Huang. Top 50 Richest People in the World (2020) | Top Richest 1. 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. 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. Home to both invention and innovation, animes, mangas and of course, robots, Tokyo is known as the financial center of the world. Richest Countries in the World 2022 | Global Finance Magazine 6 and No. Delhi City. area followed by Delhi, Kolkata, Bangalore and Chennai. Top 50 Richest Indians in 2022: Comprehensive List - StartupTalky Top 10 Richest Cities in the World In terms of GDP rankings 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 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. This is a list of cities in the world by gross domestic product (GDP). Liz loves the process of researching information, learning new things, and putting into words what others who share her interests might like to read. The company currently focuses on its four core brands: Cadillac, Chevrolet, GMC and Buick. Travel + Leisure. Additionally, approximately 18% of Japan's universities are found in Tokyo. Here are the top 10 cities in Africa where the most rich people live Once a top contender in manufacturing, today manufacturing revenue covers only around 10 percent of the economy. The United Nations uses three definitions for what constitutes a city, as not all cities may be classified using the same criteria. Five are new billionaires from the finance industry, including private equity wizards Tony Tamer and Steven Klinsky. 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. 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. World's Richest Cities: The Top 10 Cities Billionaires Call Home 2020 This year 92 billionaires live in the Big Apple as their primary residence 8 more than a year ago. GM was the best-performing automobile company in the 20th century but has still maintained a top position among the wealthiest car manufacturers. Where are the German and Chinese Cities? 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. Liz Flynn has worked as a full-time writer since 2010 after leaving a career in education. Newcomers to the billionaire ranks who live in San Francisco include private equity dealmaker Orlando Bravo and cloud communications entrepreneur Vlad Shmunis. 2. For instance, billionaires like Zhang Yiming, founder of TikTok, calls the capital city home (with a net worth of about $35.6 billion USD)! Top 10 Richest Asian Countries (2020 GDP, Int$ PPP - World Bank) China - $24.27 trillion; . Pune - Oxford Of The East. In fact, Seoul is known as the most wired city in the world due to the high concentration of high-tech industries. India is the world's second-most populous country, with several large cities and densely inhabited areas. Singapore and New York City tied for the first rank amongst the worlds most expensive cities in 2022, pushing Israels Tel Aviv from the first place in 2021 to the third place in 2022. List of largest companies by revenue - Wikipedia Moreover, a portion of Beijing's rapid economic growth is the product of international investments, registering over 45,000 foreign-invested businesses in 2020. Other industries which influence the economy of Boston include the biotech industry, tourism, finance services and several Fortune 500 companies. Dubai in top 10. The Top 15 Cities in Asia in 2020. Tokyo's wealth is also tied to the Tokyo Stock Exchange (TYO), regarded as one of the largest stock exchanges in the world. In fact, Delhi's population can beat Tokyo by 2028. Other notable NYC billionaire residents include hip-hop superstar, , the widow of former Koch Industries magnate. Top 50 richest actors in the world: Who is the wealthiest? $520.1. 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. As of 2020, there is an estimated $3 trillion worth of assets and capital in the city. Other industries driving their economy are tech, tourism, and the service industries such as hospitality. Moreover, when it comes to its residents, there are about 9,210 multi-millionaires calling London home, as well as 38 billionaires. Consumption of Fuel and Materials per Capita, Visualizing Chinas Dominance in Battery Manufacturing (2022-2027P), Mapped: The Population of Indias States Compared with Countries. These include three Indian cities, Tashkent in Uzbekistan, Almaty in Kazakhstan, Pakistans most populous city of Karachi, and Sri Lankan capitalColombo. Visualizing the Global Share of U.S. Stock Markets. 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. When Covid struck, global traveling came to a halt, and for a while Macao even slipped out of the 10 richest nations ranking. Are you interested in testing our business solutions? 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. Lower down the list So, which cities are lower ranked than in previous years? 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). She finds almost all topics she writes about interesting, but her favorite subjects are travel and food. The billionaire's rank, nationality, and source of his or her wealth is listed. I cover the world's richest people and how they made their billions. Does your team make it in the top fifty richest soccer clubs in 2022? When is it OK to Buy a House Site Unseen as an Investor? Otherwise, Los Angeles enjoys wealth from other industries related to biosciences, trade, information, transportation, and aerospace. Who are the Top 50 Richest Individuals in PH? See on Forbes List - BCG 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. The infographic above uses data from EIU to rank the world most and least expensive cities to live in. Beijing's richest billionaire is the founder of TikTok (among other things), Zhang Yiming with a net worth of $35.6 billion. Currently, 43 Fortune 500 companies that call New York City home include: Verizon, JP Morgan, Pfizer, Citigroup, MetLife, Goldman Sachs, Morgan Stanley, and more. 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. 2. Fortune Global 500 companies include SK Holdings, POSCO, LG Electronics and more. 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. 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. New York City: 107 Billionaires.

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