Adding to the diversity are biotech companies and information technologies. Four cities made the list for the first time: Blackhawk, California; New Albany, Ohio; Long Grove, Illinois; and Darnestown, Maryland. New York. The Chinese capitals tally of ten-figure-fortunes rose by six since last year to reach 67 billionaires. 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. Moreover, much of London's wealth is concentrated in neighborhoods like Westminster, Kensington, Islington, and Chelsea. 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,. Which cities and regions have the biggest concentrations of millionaires around the world, each with a net worth greater than $1 million (USD)? For instance, Osaka is home to major electronics corporations like Sharp and Panasonic as well as pharmaceutical companies, food, retail and trading companies. 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. 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. Mumbai gained one billionaire resident since 2019, losing five billionaires but adding six newcomers. 29. 4. 2022 Rankings of Highly Urbanized Cities. Devoted to encouraging economic development, Chicagos Department of Planning and Development has a number of economic development initiatives. The international city of romance boasts an economically wealthy status. 1. Hong Kong is once again the city with the second most billionaires in the world. 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. 12. The company currently focuses on its four core brands: Cadillac, Chevrolet, GMC and Buick. Standing as Russia's capital for centuries, the country's national wealth has been building in Moscow since the 1990s after the fall of the Soviet Union. These four cities are home to 228 billionaires. 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. Before the Ukraine invasion, Moscow was the economic hub of Russia. 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. He is worth $1 billion, becoming the richest actor in the world. The list of top 50 richest football clubs in the world ranked by Forbes have been revealed. Houstons economy is diverse, from the worlds largest petrochemical manufacturing center to health care and medical research, real estate, finance, and information tech industries. 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. , 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. to incorporate the statistic into your presentation at any time. Kolkata is house of many Indian corporations like Coal India Limited, ITC Limited, Britannia Industries, Allahabad Bank,. He also praises the seafood, arts scene and welcoming atmosphere, though other critics call Seattle residents overly materialistic. China is crucial to the worlds supply chain, and Shenzhens container port is one of the largest. Kolkata is the third richest city in South Asia after Mumbai and Delhi. London: 63 Billionaires Since Last Year: +7 Total Net Worth: $316.1 Billion Richest Resident: Len Blavatnik, $32 Billion Statista. Till 2030, Tokyo city will project to be the top-most populated city on earth. Tokyo, Japan- GDP: $1,520 billion. 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! Those include Abhay Vakil, who heads Indias largest paint company, Asian Paints, and the Parekh brothers, who control adhesives and sealants maker Pidilite Industries. Major financial powerhouses in London include Canary Wharf, HSBC and Barclays. The ideal entry-level account for individual users. Show publisher information By 900,. The Richest Cities are shown below, based on GDP (Gross Domestic Product) data from 2011. 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 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. Well-known corporations that reside in SEZ are Tencent, Huawei and DJI. Dubai in top 10. City of Clayton -$146,225. Moreover, when it comes to its residents, there are about 9,210 multi-millionaires calling London home, as well as 38 billionaires. Cities may be defined as the cities proper, the extent of their urban area, or their metropolitan regions. 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. What is the Cost of Living in New Hampshire? The place is mostly known for its stunning Renaissance architecture and is . Another industry that rains gobs of revenue on the City of London is the tourism industry with over 20 million visitors per year. 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. Elon Musk Elon Musk is a South African-born Canadian-American businessman, investor & the richest person in the world. Washington, D.C.. New York's richest resident, 476 Washington Avenue, former mayor Michael Bloomberg, has a net worth of $45 billion, making him one . Atherton, CA (income: $525,324/ bailout: $3.8 million) - With a median home price of. Its known as the mecca of tech innovation, and as a result, the region has a high concentration of wealthy individuals. This is a list of cities in the world by gross domestic product (GDP). "The Sy siblings took the biggest hit in dollar terms but remain at No. The Fortune 500 companies hosted by Boston include: State Street, Liberty Mutual Insurance, Gillette and General Electric. Los Angeles, USA The city of Los Angeles makes significant efforts to foster economic growth in the local community. This large metropolitan area has a history of being the hub of Germanys heavy industry sector. You only have access to basic statistics. Let's consider New York City. After all, Paris is one of the hotbeds of world tourism, its the city of love and art. You need a Statista Account for unlimited access. Leading cities with the most billionaires in 2022 [Graph]. Newcomers to the billionaire ranks who live in San Francisco include private equity dealmaker. 27. The collective net worth of the citys billionaires is $424 billion, down $45.7 billion from a year ago. 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. The Top 5 Cities in Mexico. 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. More than 80% of Russias, call its capital home, including mining mogul. At 89 years old, Warren Buffett is the oldest richest person by 5 years. All maps, graphics, flags, photos and original descriptions 2023 worldatlas.com, The World's Most Populated Capital Cities. Zurich, Switzerland - 27.34% Millionaires. Lets take a closer look at some of the top-ranking cities making the list. New York City, USA: $1,330.000 Billion. Register in seconds and access exclusive features. area followed by Delhi, Kolkata, Bangalore and Chennai. 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. - Full Size", "Global Wealth PPP Distribution: Who Are The Leaders Of The Global Economy? From Singapore To New York City, more than 26% of the worlds 2,095 billionaires live in just 10 cities on three continents. Most such agglomerations are economically, socially and culturally dominated by one city at their centre. The Shenzhen Special Economic Zone was created in May of 1980 and is based on Irelands Shannon Free Zone. More than 80% of Russias billionaires call its capital home, including mining mogul Vladimir Potanin, who is also the richest person in the nation. Kicking off the list is the charming Italian city of Florence - which is kind of surprising. It is home to 304,900 resident millionaires, making it the city with the second most millionaires in the world. 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 The Chinese capitals tally of ten-figure-fortunes rose by six since last year to reach 67 billionaires. Hurun Research Institute. The four cities that made the top 50 in 2019 but did not make . Does your team make it in the top fifty richest soccer clubs in 2022? At its peak, General Motors enjoyed a 50% market share in the United States. As a major commercial hub for England, a number of established companies are found in London, such as Unilever, Barclays, BP, and Shell. We added hundreds of new lists - see our top 101 city lists. Kim Kardashian- $1 billion. Furthermore, Tokyo owns 10% and close to 16% of Japan's officespace and workers, respectively. The USA is the only country with a large surface area and population among the highest-ranking nations, ranking eleventh. He worked to revolutionize transportation on earth. - 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. Dallas plays host to a variety of industries, and its these industries which are responsible for the economic growth of the Dallas metropolitan area. Shanghai. Tourism is another major contributor to the economy of Philadelphia. While Shenzhens export-led manufacturers have. UAE in Top 20. 6 and No. As such, you can see how anything affecting these shipping ports will have a negative impact on world wide supply chain logistics. Access to this and all other statistics on 80,000 topics from, Show sources information Once a leader in the manufacturing industry, that industry has been bowing to more modern industries like high tech, financial services and electronics. New York's richest person and former mayor, Michael Bloomberg, is worth $59 billion. Furthermore, Los Angeles' wealth is also tied to its appeal to immigrants and innovative companies involved in information and technology. If we're looking at cities in terms of total wealth, then the Big Apple leads the pack by a country mile. This international city has over 192,000 resident millionaires with 34 billionaires. 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. The collective net worth of the citys billionaires is $424 billion, down $45.7 billion from a year ago. 2 on the list, but the city recorded a net loss of eight billionaire residents. Meanwhile, seven cities in Asia with the common denominator of high-income inequality and low wages dominate the list of the worlds cheapest cities. Moscow. A home stands in Atherton, California, U.S., on Tuesday, Feb. 18, 2020. Which Countries are Buying Russian Fossil Fuels? Media mogul turned politician Michael Bloomberg, founder of Bloomberg, is the . At 35 years old, Mark Zuckerberg is the youngest richest person by more than a decade. Cebu City: $660 million. London and the rest of the United Kingdom finally left the European Union on January 31st, 2020. According to Jennifer Reynolds, Pre4sident and CEO of Toronto Finance International, Torontos success is due in large part to the strength and significant growth of its financial industry. Of the top 50, the city with the biggest jump in the rankings was Austin, Texas, which moved up 18 spots from 2017 to claim No. Loudoun County. [1] The list is limited to the top 50 companies, all of which except Elevance Health have annual revenues exceeding US$140 billion. The metropolitan area of Rhine-Ruhr is divided into 3 regions, and each region contributes to the GDP of the entire Rhine-Ruhr metropolitan area. This may not be surprising, considering the U.S. is the world's largest wealth marketit holds over 29% of the world's wealth. 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.