As of March 2023, MacKenzie Scott's net worth is estimated to be $33.3billion. 6 and No. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. Current Health Expenditure per Capita. With an estimated GDP of $310 billion, Mumbai ranks number one in the list of the richest cities in India. China retains its title as the country with the most cities in the top 10, with Shenzhen moving up one spot to No. Los Angeles, Chicago and Houston round out the top five. Singapore broke into the top 10, replacing Seoul, which was No. 1. However, today it has moved on to other, more profitable economic interests such as finances, high tech and insurance, to name a few. Cities may be defined as the cities proper, the extent of their urban area, or their metropolitan regions. 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. 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. $520.1. Pune - Oxford Of The East. In the latest edition of the ranking, North America has a strong showing with seven of the wealthiest cities, by number of millionaires. Industries that have found success in the city include food processing, manufacturing, publishing, insurance and tourism. The list of top 50 richest football clubs in the world ranked by Forbes have been revealed. Major financial powerhouses in London include Canary Wharf, HSBC and Barclays. Some of them have topped the rankings for decades, while some others are less well-known. The collective net worth of the citys billionaires is $424 billion, down $45.7 billion from a year ago. Pasig City: $710 million. Apart from the cost of a home, examining how, Read More What is the Cost of Living in New Hampshire?Continue, Mexicos proximity to the US makes it a hugely popular option for American expats and retirees. Cebu City: $660 million. The headquarters of several cities are also found in Tokyo, which include Honda, Sony, Hitachi, and Mitsubishi. 11. Looking to the future, companies and high-net-worth individuals will inevitably move where they are treated best. To use individual functions (e.g., mark statistics as favourites, set Ahmedabad - Textile Hub Of India. In terms of asset management, FinTech, and ESG investment, Tokyos continued growth as the worlds most foremost economies appears secured. In fact, Delhi's population can beat Tokyo by 2028. Once considered a major shipping hub to the world, that distinction has been replaced by the service industries, such as financial services. The international megacity is the country's bustling financial and commercial hub, with its economic wealth tied to its services in finance, healthcare, professional and business services, retail, and education. These cities have a combined GDP of $2.4st trillion, equating to more than double that of second-place San Francisco. Property prices fell across the board in Hong Kong in late 2019, damaging the real estate industry that is the source of wealth for many of the citys richest, including Hong Kongs sole newcomer real estate developer Lun Ruixiang. Sy Siblings Still at Top. As a SEZ, businesses in the area receive special treatment in the form of tax benefits, which helps increase the GDP bottom line immensely. Other notable NYC billionaire residents include hip-hop superstar Jay-Z and Julia Koch, the widow of former Koch Industries magnate David Koch. Kim Kardashian- $1 billion. Singapore has one of the highest densities of millionaire households in Asia, with over 5% of households having at least $1 million USD in net financial assets. City of Clayton -$146,225. Japans largest city is home to the Tokyo Stock Exchange, which is one of the largest stock exchanges in Asia by market capitalization. You can only download this statistic as a Premium user. London and Paris are the major and richest cities in Europe with a GDP of US$835 billion and US$822 billion respectively. New York City. This city's success is due to its industrial and manufacturing activity, made up of a technology-savvy and highly skilled work force. 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. The Top 5 Cities in Mexico. Elon Musk Elon Musk is a South African-born Canadian-American businessman, investor & the richest person in the world. Please do not hesitate to contact me. Which Countries are Buying Russian Fossil Fuels? The top 10 richest cities in the Philippines. 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! Kuwait (-4) will be the worst loser, followed by The Bahamas (-3) and Iceland (-3). 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. India is the second largest country in the world after China. 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 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. Major sectors there include: real estate and fund management. There are 4,000 cities and towns in India. Moreover, a portion of Beijing's rapid economic growth is the product of international investments, registering over 45,000 foreign-invested businesses in 2020. It takes decades of consistency for these factors turn a place around in terms of success and richness; a city can not accumulate wealth overnight, and if it does, this wealth will most likely not stick around for long. Otherwise, Los Angeles enjoys wealth from other industries related to biosciences, trade, information, transportation, and aerospace. Here are the Top 10 Richest Places in America and how they split their Heroes Act bailout allocation: #1. Burundi GDP Per Capita: 724 Burundi, located in Central Africa, is the number one poorest country in the world by current figures. In 2022, the combined wealth of India's 100 richest increased by $25 billion to touch $800 billion. - 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. March 17, 2022. 50 Richest Countries in the World 2020. L.A. is also abuzz with development projects, such as refurbishing businesses like Manns Chinese Theater, as well as infrastructure projects. The typical American household earns $57,617 per year. Among Singapores newcomers are gaming tycoons, , cofounders of the online gaming and e-commerce firm Sea; both industries have. Gautam Shantilal Adani. Cities in the UAE became millionaire magnets, attracting over 4,000 millionaires in 2022. Mapped: Europes Biggest Sources of Electricity by Country, Visualizing the Scale of Global Fossil Fuel Production, Visualizing U.S. 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. 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. Profit from the additional features of your individual account. The richest country in the world is Luxembourg. Foreign corporations such as IBM, Nestle, Hewlett-Packard and more flooded Beijing, causing a rapid economic expansion. However, its also a city steeped in industry. Hong Kong is once again the city with the second most billionaires in the world. Source: Forbes Music: Beethoven 5th Symphony In 2022, cities with strong oil and gas industries like Riyadh, Sharjah, Dubai, Luanda, Abu Dhabi, Doha, and Lagos grew exceptionally. Top 10 Poorest Countries In The World 1. The place is mostly known for its stunning Renaissance architecture and is . 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. Air Cargo News Awards 2020. dnata wins again. Luxury services also play a significant factor in Paris' economy, acting as a hub for famous brands like Mot, Cartier, and Louis Vuitton. 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. Well-known corporations that reside in SEZ are Tencent, Huawei and DJI. New York City, USA: $1,330.000 Billion. Trip Ideas; Chicago, which serves as the home base for 35 Fortune 500 companies, is home to 160,100 millionaires, 340 centimillionaires and 28 . A big economic draw for San Francisco is its close proximity to Silicon Valley. Though affordability sounds good at face value, sitting at the bottom of the ranking isnt necessarily a coveted position. In 2020, New York had the largest number of ultra wealthy individuals (UHNW), reaching 11,475 people. These four cities are home to 228 billionaires. Visakhapatnam - Industrial Port Of India. Companies that have offices in Boston include BNY Mellon, Goldman Sachs and Microsoft. Among Singapores newcomers are gaming tycoons Forrest Li and Gang Ye, cofounders of the online gaming and e-commerce firm Sea; both industries have benefited from people staying indoors and spending more time online. Barcelona, Spain Rome, Italy Madrid, Spain Singapore, Singapore Amsterdam, Netherlands Prague, Czech Los Angeles, USA Chicago, USA San Francisco, USA Berlin, Germany Hong Kong, China Washington, USA Beijing, China Dublin, Ireland Istanbul, Trkiye Las Vegas, USA Milan, Italy Budapest, Hungary Toronto, Canada Sydney, Australia Seoul, South Korea Fortune Global 500 companies include SK Holdings, POSCO, LG Electronics and more. Manila: $790 million. Show publisher information Tokyo may not be as wealthy as New York, but this megacity remains one of the richest cities in Asia. (((61/33)^(1/15))^10)*33 and (((33/21)^(1/15))^10)*21. He worked to revolutionize transportation on earth. The Top 25 Cities in the World in 2020. The cannabis business is rather recent, but also encourages financial growth for the city. New York is home to many Fortune 500 companies and is the financial heart of the United States, with the New York Stock Exchange and NASDAQ located in the Big Apple. Among the top 50, Aruba will climb five spots. Other companies crucial to Seouls economic health include: Kia, Daewoo and Hyundai. Boasting a population of over 300,000 resident millionaires, Tokyo is also home to a dozen billionaires. Most such agglomerations are economically, socially and culturally dominated by one city at their centre. Los Angeles, USA The city of Los Angeles makes significant efforts to foster economic growth in the local community. The decade-long conflict in Syria weakened the Syrian pound, led to a spiraling inflation and fuel shortages, and further collapsed its economy. Situated in the southern part of California, Los Angeles is known for its large population of celebrities, tech moguls, and the financially fortunate. Let's consider New York City. About 300 cities have population over 1,00,000. In 2019, the Northern California city attracted 26.2 million visitors who spent around $10.3 billion USD in the city. Loudoun County. New York is home to many Fortune 500 companies and is the financial heart of the United States, with the New York Stock Exchange and NASDAQ located in the Big Apple. Dubai in top 10. In 2019, San Francisco's tourism industry resulted in 86,111 jobs. Zurich, Switzerland - 27.34% Millionaires. Home to both invention and innovation, animes, mangas and of course, robots, Tokyo is known as the financial center of the world. To this day, Macao is the only country on the list whose per-capita purchasing power is lower than it was before the start of the pandemicabout $125,000 in 2019, down by $40,000 today. Access to this and all other statistics on 80,000 topics from, Show sources information 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. In other words, the city produces poor copies of everything from designer fashions to scooters. Kolkata- GDP $150.1 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. The infographic above uses data from EIU to rank the world most and least expensive cities to live in. San Ramon ranks among the top ten safest cities in California. [3] The methodology of calculating GDP may differ between the studies and are widely based on projections and sometimes approximate estimations, notably for cities that are not within the Organisation for Economic Co-operation and Development. 24/7 Wall Street reviewed income levels in 382 metropolitan . By 900,. Everything from financial services, fashion, digital media, the food/beverage industry and tech found a home in Toronto. Wealthiest cities (amount in billions . The number of millionaires has been growing steadily over the last 10 years, and if the trends of recent years hold, San Francisco could become the number one millionaire hub by 2040. 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. New Delhi- GDP $293.6 Billion. Fortune Global 500 companies housed in Moscow include Gazprom, Rosneft Oil and Sistema among others. 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. Values soared as interest rates on loans went down in a sellers market, which made it tougher to find affordable properties. Leading cities with the most billionaires in 2022 [Graph]. According to a study by Teleport, Osaka scores well when it comes to affordable housing, community safety, business, and healthcare. As a Premium user you get access to the detailed source references and background information about this statistic. 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). Delhi city is the second most populated city in the world with a 30,291,000 million population. The Chinese capitals tally of ten-figure-fortunes rose by six since last year to reach 67 billionaires. Business Solutions including all features. Hong Kong is once again the city with the second most billionaires in the world. More than 80% of Russias, call its capital home, including mining mogul. London and the rest of the United Kingdom finally left the European Union on January 31st, 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. 3. Refer to sources for more information. + - Leaflet | Tiles OpenMapTiles | Data OpenStreetMap contributors Income distibution for all U.S. cities Other profitable sectors include information technology, medical technology, retail, financial and legal sectors. 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. Delhi City. 1. The city contributes about 30% of goods sold in Russia. If that is the case, knowing its cost of living is vital. Five are new billionaires from the finance industry, including private equity wizards, . 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. To make the list, the EIU examines 400+ prices for over 200 products and services in 172 cities, surveying a variety of businesses to track price fluctuations over the last year. In fact, London is one of the chief financial centers of the world. In the U.S., a few tax-friendly states like Texas and Florida became home to American companies moving their head offices there. Many cities in India are densely inhabited, trade between them has improved, and transportation systems have been modernized. Much like Shanghai, Beijing enjoys a reputation as one of the Asia's (and the world's) wealthiest cities. Washington, D.C.. This video will compare the top 50 richest people in the world by net worth in 2020. Its wealthiest resident, Ma Huateng, chairman and CEO of Internet media behemoth Tencent Holdings, is the second-richest person in China, after Alibaba cofounder Jack Ma. Paris, which has topped the ECA list in the past, dropped out of the top 30. This northern Chinese city is not only a hub for luxury brands, it headquarters China's largest companies, many of which are considered in the Fortune Global 500. Ranked: The Worlds Richest Billionaires Over the Past 10 Years, All of the Worlds Money and Markets in One Visualization (2022), The U.S. and China Account for Half the Worlds Household Wealth, Charting the Relationship Between Wealth and Happiness, by Country, Mapped: The Wealthiest Billionaire in Each U.S. State in 2022, Poll: Inflation is the Top Financial Concern for Americans, From New York to Damascus, this infographic uses EIU cost of living data to rank the worlds most and least expensive cities to live in. Geneva, Switzerland - 17.92% Millionaires. The top ten richest cities in the world based on private wealth include: Additionally, the citys real estate market is known for being expensive, with sky-high property values and rents. 9 last year. Los Angeles is not California's only wealthy city! Additionally, factors such as taxes, transportation costs, and availability of goods and services can also contribute to the overall cost of living in global cities. 1. 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. Follow Us. Newsletter. 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. 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. By 2025, the city's GDP would have [] After all, Paris is one of the hotbeds of world tourism, its the city of love and art. 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. It had about 2,000 inhabitants at the time. The Chinese capitals tally of ten-figure-fortunes rose by six since last year to reach 67 billionaires. But the Nations Valentine has so much more to offer. It has a diverse stable economy ranging from Gas Extraction and Manufacturing, Companies and Enterprise, and Retail Trade. "Leading Cities with The Most Billionaires in 2022. 4. 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. It is home to 304,900 resident millionaires, making it the city with the second most millionaires in the world. Surprisingly, this is the Big Apples first time atop the ranking. Tokyo's wealth is also tied to the Tokyo Stock Exchange (TYO), regarded as one of the largest stock exchanges in the world. In Hong Kong, 9,530 ultra wealthy individuals resided, followed by Tokyo with 8,345 lived. Liz loves the process of researching information, learning new things, and putting into words what others who share her interests might like to read. All maps, graphics, flags, photos and original descriptions 2023 worldatlas.com, The World's Most Populated Capital Cities. Other notable NYC billionaire residents include hip-hop superstar, , the widow of former Koch Industries magnate. 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. Get full access to all features within our Business Solutions. New York is the wealthiest city in the worldhome to 345,600 millionaires with a total private wealth that exceeds $3 trillion. But if this inflation is compounded with a strong national currency, you may live in one of the worlds most expensive cities. From Singapore To New York City, more than 26% of the worlds 2,095 billionaires live in just 10 cities on three continents. According to various estimates, the Japanese capital is home to 13.1 to 13.7 million people. New York. Mapped: Which Countries Have the Highest Inflation? Please create an employee account to be able to mark statistics as favorites. GM was the best-performing automobile company in the 20th century but has still maintained a top position among the wealthiest car manufacturers. These figures were taken after the market close on September 18, 2020. Home to 12 Fortune 500 companies, the city of Philly is Pennsylvanias financial hub. Fortune Global 500 companies in Tokyo include: Honda Motors, Hitachi, Sony, Mitsubishi and more. Paris is also home to several Fortune Global 500 companies such as, BNP Paribas, Peugeot, CNP Assurances, SNCF, Vivendi and more. Los Angeles is a city that takes great strides to encourage economic growth. In, Hurun Research Institute. 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. Dublin is the wealthiest city, with a per capita income of $115,094. 7 and Shanghai and Beijing staying flat at No. Chart. Beijing, China: $591.374 Billion Beijing is the capital of China and has a population of over 20 million. 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. Principal industries which were the engine behind Moscows economy are textile, metallurgy, energy, and chemical. For the fourth straight year, Atherton topped Bloomberg's Richest Places annual index. City employment is driven by AT & T, Walgreens, Abbott Labs, the CTA, Walmart and Allstate Insurance, among others. New York's richest person and former mayor, Michael Bloomberg, is worth $59 billion. Liz Flynn has worked as a full-time writer since 2010 after leaving a career in education. Travel + Leisure. Europe comes in third with five cities, though only London makes into the top 10 portion of the ranking. Pasay City: $350 million. 27. As of 2020, there is an estimated $3 trillion worth of assets and capital in the city. 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. [3] List [ edit] 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. Loudoun County is located in the Commonwealth Virginia, with a population of 375,000 people. The 10 Best Places to Live in Mexico for Americans, The 20 Cheapest Places to Buy Land in the U.S. 2022, 20 Cities with The Worst Weather in Europe, How Zac Stacy Achieved a Net Worth of $6 Million. (Video) TOP 10 RICHEST CITIES In The World 2021 (Uncover) Which is the richest city in the world 2022? 2. Additionally, approximately 18% of Japan's universities are found in Tokyo. Frankfurt in Germany is the second richest city after Dublin with an income of $102,941 per capita. Moreover, when it comes to its residents, there are about 9,210 multi-millionaires calling London home, as well as 38 billionaires. There is a distinction between wealth held by identifiable individual billionaires or a "nuclear family" and the wider notion of an extended family or a historical "dynasty," where the wealth of a . 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. 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. Out of the 2,095 members of the 2020 Forbes Worlds Billionaires list, 552 live in just ten cities. Fortune 500 companies include Comcast, Colonial Penn, Sunoco, Aramark, CIGNA, Lincoln Financial Group, and more. In detail, 144 billionaires resided in the capital of China. New York, U.S . Tripoli and Tehran, the capitals of Libya and Iran, respectively, follow next on this list, reflecting their weakened economies. Dubai ranks at #6 on the PlanetWare guide, ahead of Singapore, Rome, Istanbul, and Tokyo. Other industries driving their economy are tech, tourism, and the service industries such as hospitality. 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. San Francisco also relishes in its reputation as the sixth largest economy in the US.
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