The richest person in New York City is Bloomberg LP founder and former Mayor Michael Bloomberg, who spent nearly $1 billion of his $48 billion fortune on a failed presidential campaign before dropping out in March to endorse Joe Biden. Which cities and regions have the biggest concentrations of millionaires around the world, each with a net worth greater than $1 million (USD)? Unlike so many other cities bending under the weight of a post-pandemic world, Houstons economy hs gotten stronger. 1. Furthermore, Tokyo owns 10% and close to 16% of Japan's officespace and workers, respectively. Visualizing the Global Share of U.S. Stock Markets. The 150 richest cities in the world by GDP in 2020 11 March 2007: The tables provide GDP figures for cities and their surrounding urban areas in 2020. 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. Everything from financial services, fashion, digital media, the food/beverage industry and tech found a home in Toronto. 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. Toronto is the second largest financial center in North America, Like New York City, Torontos financial hub is populated by diverse industries. 2. Leading billionaire cities 2022 | Statista The current state of the Moscow economy isnt as bright as it was earlier in the year due to sanctions. Top 10 Richest Cities in the World - Luxatic When Covid struck, global traveling came to a halt, and for a while Macao even slipped out of the 10 richest nations ranking. Hong Kong is once again the city with the second most billionaires in the world. Top 50 Richest People in the World (2020) | Top Richest 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, . Are you interested in testing our business solutions? Japans largest city is home to the Tokyo Stock Exchange, which is one of the largest stock exchanges in Asia by market capitalization. While Shenzhens export-led manufacturers have. A huge part of this development was the influx of multi-national corporations. After all, Paris is one of the hotbeds of world tourism, its the city of love and art. 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. 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. Tokyo's wealth is also tied to the Tokyo Stock Exchange (TYO), regarded as one of the largest stock exchanges in the world. , who is also the richest person in the nation. Show publisher information Click on the headers to reorganize columns. At its peak, General Motors enjoyed a 50% market share in the United States. 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. Dallas Number of individuals with a net worth of $5 million or more: 36,515 Percentage of global population: 1.2% 9. 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. New York is the wealthiest city in the worldhome to 345,600 millionaires with a total private wealth that exceeds $3 trillion. Cities with highest number of ultra wealthy individuals in the world Macao SAR will climb from 17th in 2020 to 9th in 2021. 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. Mapped: The Top 10 Billionaire Cities - Visual Capitalist Delhi city is the second most populated city in the world with a 30,291,000 million population. $520.1. 6 and No. 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. Besides being a major educational hub and commercial space, Tokyo's economy relies on industries related to healthcare, communications, transportation, and real estate. Companies that have offices in Boston include BNY Mellon, Goldman Sachs and Microsoft. Due to heavy investment into research and development, high-tech companies in Shenzen have consistent government support. This includes the burgeoning FinTech, or financial technology industries. Hong Kong remains No. Paris, which has topped the ECA list in the past, dropped out of the top 30. Which Countries Have the Lowest Inflation? Lower down the list So, which cities are lower ranked than in previous years? Among the top 50, Aruba will climb five spots. Washington, D.C.. In order to recoup losses, in June of 2022, the city of Shanghai released a post-lockdown business recovery plan. Then you can access your favorite statistics via the star in the header. These figures were taken after the market close on September 18, 2020. Pasig City: $710 million. Well-known corporations that reside in SEZ are Tencent, Huawei and DJI. Other profitable sectors include information technology, medical technology, retail, financial and legal sectors. Many cities in India are densely inhabited, trade between them has improved, and transportation systems have been modernized. Most such agglomerations are economically, socially and culturally dominated by one city at their centre. The Private Industry Council works to promote the local economy via job training programs. 1. Greater Mumbai still is the most populated city in its 440 sq. Regarded as China's financial hub, this bustling city is home to the Shanghai Stock Exchange, one of the largest stock exchanges in the world. Top 10 Richest Asian Countries (2020 GDP, Int$ PPP - World Bank) China - $24.27 trillion; . The Rhine-Ruhr metropolitan area is the economic power house of Germany. According to the Hurun Global Rich List 2022, the leading city with the most billionaires in 2022 was Beijing. This list is incomplete, as not all companies disclose their information to the general public. 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. 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. To use individual functions (e.g., mark statistics as favourites, set Boston-Cambridge-Newton, Massachusetts. RICHEST RESIDENT: VLADIMIR POTANIN, $19.7 BILLION Getty Images Moscow is the only other city among the top 10, besides Shenzhen, where every single billionaire is self-made (as opposed to. The 20 Richest Cities in the World in 2022 - Money Inc Other industries which influence the economy of Boston include the biotech industry, tourism, finance services and several Fortune 500 companies. Beijing is the capital of China and has a population of over 20 million. As such when it comes to the richest cities in the world, New York City comes in at number 2. Shanghai. Despite being significantly smaller than Los Angeles, San Francisco houses more millionaires than its southern California counterpart. Ranked: The World's Wealthiest Cities, by Number of Millionaires Mumbai - City Of Dreams. Despite its picture of wealth, only a small percentage of Seoul's population claim to be wealthy. More than 80% of Russias billionaires call its capital home, including mining mogul Vladimir Potanin, who is also the richest person in the nation. Being the largest city of the country, Mumbai is extensively . 24/7 Wall Street reviewed income levels in 382 metropolitan . A paid subscription is required for full access. Beijing also has the dubious distinction of being the knock-off capital of the world. TOP-10 Richest cities in the world 2023 - wagecentre.com These initiatives include the Small Business Improvement Fund, the Chicago Recovery Grant, Special Service Area Program, Tax Increment Financing and more. Its also host to the headquarters of around 75 percent of the worlds Fortune 500 companies. In terms of asset management, FinTech, and ESG investment, Tokyos continued growth as the worlds most foremost economies appears secured. Tokyo has 39 million residents which are 50% more than any other urban area of the world. Please do not hesitate to contact me. Where are the German and Chinese Cities? 25 Best Cities in the World to Visit: World's Best 2021 - Travel + Leisure Top 50 Richest Indians in 2022: Comprehensive List - StartupTalky Besides thriving on industries related to finance, tourism, and media, London's wealth is also linked to the London Stock Exchange (LSE). 25 Richest Cities in Europe - WorldlistMania Industries that have found success in the city include food processing, manufacturing, publishing, insurance and tourism. 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. Caloocan City: $360 million. As of March 2023, MacKenzie Scott's net worth is estimated to be $33.3billion. The cities shown in our visualization are already well-established locations for high-net-worth individuals. Those include Abhay Vakil, who heads Indias largest paint company, Asian Paints, and the Parekh brothers, who control adhesives and sealants maker Pidilite Industries. statistic alerts) please log in with your personal account. Makati City: $4.48 billion. 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. Dubai Advantage | 50 Richest Countries in the World 2020 2013", "Bevolkingsontwikkeling; Regionale kerncijfers Nederland", "Bevolkingsontwikkeling; regio per maand", "Regional gross domestic product: Year ended March 2020", "2016 Census Community Profiles: Ballarat", "2016 Census Community Profiles: Bendigo", "The top 15 Indian cities by GDP | India's top 15 cities with the highest GDP - Yahoo India Finance", "Estimates of District Domestic Product Madhya Pradesh", "Federal Statistical Office Germany - GENESIS-Online", "Dossier on the Metropolitan City of Bologna", "Regionales Energiekonzept fr den Groraum Braunschweig", "Regional GDP per capita ranged from 31% to 626% of the EU average in 2017", "1.1 Valoarea produsului intern brut pe judee i regiuni", "Regional Population: Population estimates by Significant Urban Area, 2009 to 2019", "The Online Journal of McKinsey & Company", "Statistical Communiqu of Changsha City on the 2020 National Economic and Social Development", "Regional GDP per capita in the EU in 2010", "Regional economic activity by gross value added (balanced), UK: 1998 to 2017", "Yearly Average Currency Exchange Rates | Internal Revenue Service", "Population on 1 January by age groups and sex functional urban areas", "Tanzania: GDP at current prices, by region", "Dhaka, Bangladesh GDP and Income Distribution", "China: Shndng (Prefectures, Cities, Districts and Counties) - Population Statistics, Charts and Map", "Gross Domestic Product (GDP) of the Emirate of Dubai 20062008", "Bilancio demografico anno 2015 e popolazione residente al 31 dicembre; Comune: Firenze", "Posio ocupada pelos 100 maiores municpios, em relao ao Produto Interno Bruto", "Department of Statistics Malaysia Official Portal", "Gross domestic product (GDP) at current market prices by metropolitan regions", "Significant Urban Area (SUA) ASGS Edition 2016 in .csv Format", "Bilan dmographique selon le niveau gographique institutionnel", "US Dollar to British Pound Spot Exchange Rates for 2022", "2016 Census Community Profiles: Gladstone Tannum Sands", "OECD - Metropolitan areas - Population, all ages", "3218.0 Regional Population Growth, Australia, 2017-18: Population Estimates by Significant Urban Area, 2008 to 2018", "Metropolitan Employment Area (MEA) Data", "Regional GDP per capita ranged from 30% to 263% of the EU average in 2018", "Hanoi's economic growth hits 4-year high of 7.62% in 2019", "3218.0 Regional Population Growth, Australia, 2017-18: Main Features", "Report for Selected Countries and Subjects", "DocSend - Simple, intelligent, modern content sending", "Estimates of District Domestic Product of Rajasthan for 2020-21", 2015 Census Final Data " 27 | | ", "Karachi Mega-Cities Preparation Project", "Bevlkerung nach Nationalitt und Bundeslndern", "Rodikli duomen baz - Oficialiosios statistikos portalas", https://worldpopulationreview.com/countries/cities/australia%7Caccess-date=2021-05-02%7Cwebsite=worldpopulationreview.com}}, "District Domestic Product Estimates Uttar Pradesh Year 2019-20", "World Economic Outlook Database, October 2019", "Bevlkerung der Gemeinden am 31.12.2010", "Population and employment / IMSEE - Monaco IMSEE", "Mumbai 17th in global GDP list, says survey", "Mumbai and Delhi rank as 5th and 6th largest cities in Asia with a GDP of over $400 bn: JLL 'Global 300' Rankings", "District Domestic Product of Maharashtra 2011-12 to 2019-20", "Bruttoinlandsprodukt in den Metropolregionen in Deutschland 2014 | Statistik", https://web.archive.org/web/20150924002318/http://www.espon.eu/export/sites/default/Documents/Projects/ESPON2006Projects/StudiesScientificSupportProjects/UrbanFunctions/fr-1.4.3_April2007-final.pdf, "Directorate of Economics and Statistics", https://ec.europa.eu/eurostat/documents/2995521/10474907/1-05032020-AP-EN.pdf/81807e19-e4c8-2e53-c98a-933f5bf30f58&ved=2ahUKEwi-u5GHnujpAhUOuIsKHaOlDG0QFjACegQIBRAJ&usg=AOvVaw0NnWnyaFRad5NgG3NGcbJP&cshid=1591276979492, "City of Tshwane, Metropolitan Municipality 799 from Census 2011", "PIB por Entidad Federativa (PIBE) en 2019, Base 2013", European Spatial Planning Observation Network, "Gross domestic product in regions | Oficils statistikas portls", "METRO - "The role and future perspectives of Cohesion Policy in the planning of Metropolitan Areas and Cities", "IBGE: SALVADOR ocupa 22 lugar no ranking per capita do PIB/2011", "Shanghai first Chinese city to top 3 trillion yuan GDP", "3218.0 Regional Population Growth, Australia, 201718: Population Estimates by Significant Urban Area, 2008 to 2018", "Aire d'attraction des villes 2020 de Strasbourg (partie franaise) (010)", "Population, 1 January by Year, County, Sex and Age group", " ", "Tel Aviv 2022 Global Business Cities Report", "Tokelau's Gross Domestic Product determined for first time this century", Final population counts: 2016 Tokelau Census, "Popolazione Residente al 1 Gennaio 2020", "Demo-Geodemo.
Average Profit Per Acre Of Corn In Iowa, Oan Viewership Ratings 2021, New Melleray Abbey Mass Times, Articles T