This video will compare the top 50 richest people in the world by net worth in 2020. She was the wife of Jeff Bezos, founder of Amazon. 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. 9 last year. Top 10 Poorest Countries In The World 1. 2 on the list, but the city recorded a net loss of eight billionaire residents. Macao SAR will climb from 17th in 2020 to 9th in 2021. Those include, , who heads Indias largest paint company, Asian Paints, and the, , who control adhesives and sealants maker Pidilite Industries. Toronto is the second largest financial center in North America, Like New York City, Torontos financial hub is populated by diverse industries. This is a list of cities in the world by gross domestic product (GDP). . Where are the German and Chinese Cities? New York's richest person and former mayor, Michael Bloomberg, is worth $59 billion. These are of very low quality and should be avoided. This may not be surprising, considering the U.S. is the world's largest wealth marketit holds over 29% of the world's wealth. About 300 cities have population over 1,00,000. Media mogul turned politician Michael Bloomberg, founder of Bloomberg, is the . . 4, respectively. 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. [1] The list is limited to the top 50 companies, all of which except Elevance Health have annual revenues exceeding US$140 billion. In 2020, New York had the largest number of ultra wealthy individuals (UHNW), reaching 11,475 people. 2022 Rankings of Highly Urbanized Cities. The Chinese capitals tally of ten-figure-fortunes rose by six since last year to reach 67 billionaires. Hong Kong is once again the city with the second most billionaires in the world. Moreover, when it comes to its residents, there are about 9,210 multi-millionaires calling London home, as well as 38 billionaires. Those include Abhay Vakil, who heads Indias largest paint company, Asian Paints, and the Parekh brothers, who control adhesives and sealants maker Pidilite Industries. This includes the burgeoning FinTech, or financial technology industries. (March 17, 2022). With about 2,320 multi-millionaires calling Paris home, the backbone of this European city relies on hospitality, commerce, transportation, and other services. Refer to sources for more information. 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. Washington, D.C.. Once a top contender in manufacturing, today manufacturing revenue covers only around 10 percent of the economy. 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.. At 89 years old, Warren Buffett is the oldest richest person by 5 years. 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. 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. , 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. In order to recoup losses, in June of 2022, the city of Shanghai released a post-lockdown business recovery plan. Houstons economy is diverse, from the worlds largest petrochemical manufacturing center to health care and medical research, real estate, finance, and information tech industries. Lastly, London is home to several of the most well-known Fortune Global 500 firms, including the Lloyds Banking Group, Prudential, J. Sainsbury, BP, Tesco, and Vodafone Group, amongst others. Tokyo may not be as wealthy as New York, but this megacity remains one of the richest cities in Asia. 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. Out of the 2,095 members of the 2020 Forbes Worlds Billionaires list, 552 live in just ten cities. Please do not hesitate to contact me. Its wealthiest resident, , chairman and CEO of Internet media behemoth Tencent Holdings, is the, . San Ramon ranks among the top ten safest cities in California. 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. Being the largest city of the country, Mumbai is extensively . Sy Siblings Still at Top. 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. In 2019, San Francisco's tourism industry resulted in 86,111 jobs. Among the top 50 economies having the highest gdp per capita, Macao SAR . Shipping isnt the only industry which brings revenue into SEZ, its also the sizable industrial parks, high-tech industries and of course, trade. On a related note, there is a sizeable population of secondary homeowners in London. Other notable NYC billionaire residents include hip-hop superstar, , the widow of former Koch Industries magnate. Follow Us. Luxury services also play a significant factor in Paris' economy, acting as a hub for famous brands like Mot, Cartier, and Louis Vuitton. 1. Though San Francisco relishes in its economically wealthy reputation due to the nature of Silicon Valley and its billionaire population, Los Angeles enjoys a similar status. Los Angeles, Chicago and Houston round out the top five. Other industries which influence the economy of Boston include the biotech industry, tourism, finance services and several Fortune 500 companies. + - Leaflet | Tiles OpenMapTiles | Data OpenStreetMap contributors Income distibution for all U.S. cities He also praises the seafood, arts scene and welcoming atmosphere, though other critics call Seattle residents overly materialistic. It is also home to Wall Street, the financial capital of the US and the world. 9 last year. In other words, the city produces poor copies of everything from designer fashions to scooters. 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, . As a Premium user you get access to the detailed source references and background information about this statistic. 3. Richest Places in the World According to a recent study by Forbes, the five richest cities in the world are Tokyo, New York City, Los Angeles, London, and Paris. This city's success is due to its industrial and manufacturing activity, made up of a technology-savvy and highly skilled work force. "Leading Cities with The Most Billionaires in 2022. Today, Boston is a center of learning with many stellar educational institutions like MIT and Harvard, which contribute greatly to Bostons economy. The ideal entry-level account for individual users. The city-state of Singapore is the wealthiest country in Asia, with a per-capita GDP of . Singapores richest resident. Here are the 10 cities in the world with the most billionaires: New York City notched the top spot for the sixth year running, growing its count of billionaire city dwellers by eight compared to 2019. 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. Los Angeles is a city that takes great strides to encourage economic growth. Though still bruised and battered by the effects of the pandemic, New York City is holding true to its reputation as a tough and resourceful city. 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. 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. What is the Cost of Living in New Hampshire? Kicking off the list is the charming Italian city of Florence - which is kind of surprising. Pasay City: $350 million. As such, you can see how anything affecting these shipping ports will have a negative impact on world wide supply chain logistics. China is crucial to the worlds supply chain, and Shenzhens container port is one of the largest. 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). Moscow is the only other city among the top 10, besides Shenzhen, where every single billionaire is self-made (as opposed to inheriting a fortune); many have close ties to Russian President Vladimir Putin. In fact, such diversity plays well in times of economic hardship, which includes the recent downturn caused by the pandemic. The top ten richest cities in the world based on private wealth include: 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. 29. The place is mostly known for its stunning Renaissance architecture and is . Use Ask Statista Research Service. 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. Its no surprise that its capital city of Damascus has maintained its position as the worlds cheapest city. New York City is also considered the country's leader in finance due to its storied past. Cities may be defined as the cities proper, the extent of their urban area, or their metropolitan regions. Unlike so many other cities bending under the weight of a post-pandemic world, Houstons economy hs gotten stronger. After their divorce, MacKenzie received a 4% stake in Amazon, which was worth about $35 billion at the time. San Francisco also relishes in its reputation as the sixth largest economy in the US. If you are an admin, please authenticate by logging in again. Many cities in India are densely inhabited, trade between them has improved, and transportation systems have been modernized. Tokyo is the economic hub of Japan and is one of the most important cities in the world for business and finance. Tourism is another major contributor to the economy of Philadelphia. Among the top 10 richest economies, Ireland has the fastest-growing economy with 13.04%. Sweeping sunsets, desert landscape, and breathtaking canyonsthese are the things that most everyone think of when someone says Arizona. When Covid struck, global traveling came to a halt, and for a while Macao even slipped out of the 10 richest nations ranking. The top 10 richest cities in the Philippines. MacKenzie Scott is an American novelist and philanthropist. And for the sixth year in a row, more billionaires call New York City home than any other city in the world. The four cities that made the top 50 in 2019 but did not make . 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. Industries that contribute to New York Citys economy are health care, tourism, real estate, tech, publishing, fashion, media and insurance, among others. India is the world's second-most populous country, with several large cities and densely inhabited areas. But what are the fastest growing cities for the rich? Kolkata is house of many Indian corporations like Coal India Limited, ITC Limited, Britannia Industries, Allahabad Bank,. The country is entirely landlocked and is surrounded by Rwanda, Tanzania, and the Democratic Republic of Congo. While the cost of living in some of the cities in these nations is low, it comes at the price of a weak currency, poor economy, and, in many cases, political and economic turmoil. 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. Furthermore, 121. Washington, District of Columbia: $578.985 Billion, 4. Cities in the UAE became millionaire magnets, attracting over 4,000 millionaires in 2022. Air Cargo News Awards 2020. dnata wins again. "The Sy siblings took the biggest hit in dollar terms but remain at No. By 2025, the city's GDP would have [] As such when it comes to the richest cities in the world, New York City comes in at number 2. 7 and Shanghai and Beijing staying flat at No. Furthermore, the Big Apple was also a popular destination for entrepreneurs and innovative businesses, furthering its reputation as a financially-savvy city. 4. 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. 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. Burundi GDP Per Capita: 724 Burundi, located in Central Africa, is the number one poorest country in the world by current figures. London: 63 Billionaires Since Last Year: +7 Total Net Worth: $316.1 Billion Richest Resident: Len Blavatnik, $32 Billion The headquarters of several cities are also found in Tokyo, which include Honda, Sony, Hitachi, and Mitsubishi. The Top 25 Cities in the World in 2020. Accessed March 04, 2023. https://www.statista.com/statistics/299494/billionaires-top-cities/, Hurun Research Institute. 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. Let's consider New York City. Though famous for prominent technology companies and hundreds of start-ups across the Silicon Valley, San Francisco's wealth is tied to industries in manufacturing and tourism. Its no surprise to anyone that a good chunk of the Paris economy is the tourist trade. By examining a cities GDP, we can get a good idea of its industries and how they contribute to the overall economic growth. Chart. For example, Moscow's rich neighborhoods like Rublyovka contain private houses that can cost up to $60 to $80 million! Another crucial element is the neighborhood of Zhongguancun. 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,. Beijing also has the dubious distinction of being the knock-off capital of the world. Furthermore, being a world-class city, Seoul's cost of living is high compared to other cities in Asia, especially in regards to its real estate prices. 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. It is the largest urban economy on the planet. The Top 5 Cities in Mexico in 2020. Though approximately 23% of Beijing's GDP is linked to its manufacturing sector, over 80% of the city's wealth is tied to the service sector. 3. 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. Monaco - 29.21% Millionaires. statistic alerts) please log in with your personal account. Industries critical for L.A.s economic success include entertainment, international trade, gaming, tourism, fashion and more. $520.1. At its peak, General Motors enjoyed a 50% market share in the United States. Manila: $790 million. Photo: @Kim Kardashian West. Which Countries are Buying Russian Fossil Fuels? With an estimated GDP of $310 billion, Mumbai ranks number one in the list of the richest cities in India. 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. Home to about 393,000 millionaires, Seoul's economy is rooted in manufacturing, financial services, and transportation. Devoted to encouraging economic development, Chicagos Department of Planning and Development has a number of economic development initiatives. Other industries which thrive here are those in high-tech, scientific R&D, professional services such as legal, insurance, finance and public administration. 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. The city of rich historical, cultural, political and social significance, New Delhi, ranks second on this list with a GDP of $293.6 billion. A big economic draw for San Francisco is its close proximity to Silicon Valley. Moscow is also home to a population of "nouveau riche" Muscovites and prominent neighborhoods, with properties that can cost millions of dollars. Please create an employee account to be able to mark statistics as favorites. Zhongguancun is considered the Silicon Valley of China and is deeply rooted in the electronics and high-tech industries such as Microsoft, Sony and Google. The city contributes about 30% of goods sold in Russia. Indian richest cities 2021. Access to this and all other statistics on 80,000 topics from, Show sources information With the onset of free-market reforms in the 1990s, Beijing saw its economic development soar. In some U.S. cities, however, more than half of all households earn $70,000-plus. Ahmedabad - Textile Hub Of India. The median home value for the lower Tribeca area is around $2.5 million. These industries include manufacturing, energy, information tech, finances, telecommunications, education, and telecommunications. A home stands in Atherton, California, U.S., on Tuesday, Feb. 18, 2020. 12. American retail corporation Walmart has been the world's largest company by revenue since 2014. 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. Most such agglomerations are economically, socially and culturally dominated by one city at their centre. Beijing's richest billionaire is the founder of TikTok (among other things), Zhang Yiming with a net worth of $35.6 billion. The wealthy city-state has 31 billionaire residents, up from 22 last year, and replaces Seoul in the top 10. Learn how your comment data is processed. Currently, you are using a shared account. Caloocan City: $360 million. The Shenzhen Special Economic Zone was created in May of 1980 and is based on Irelands Shannon Free Zone. - Mappe, Popolazione, Statistiche Demografiche dell'ISTAT", "Total Real Gross Domestic Product for Wichita, KS (MSA)", "Population estimates by selected Non-ABS Structures, 2010-2020", "China: Gungdng (Prefectures, Cities, Districts and Counties) - Population Statistics, Charts and Map", https://en.wikipedia.org/w/index.php?title=List_of_cities_by_GDP&oldid=1142520927, This page was last edited on 2 March 2023, at 21:41. In pre-Covid times, Chicago clocked round 55 million tourists in 2017. Shanghai. 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 country's economy as a whole is one of the fastest growing in the world. 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. 1. 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. However, this megacity is most famous for its thriving entertainment industry, which pumps billions of dollars into the city's (and country's) economy. San Francisco also has the highest median household income in the country. In 2022, cities with strong oil and gas industries like Riyadh, Sharjah, Dubai, Luanda, Abu Dhabi, Doha, and Lagos grew exceptionally. . In the list of Forbes' Philippines' 50 Richest 2020, the Sy siblings remain at the number one spot of Philippines' Rich List for this year with a net worth of $13.9 Billion despite losing $3.3 Billion due to the pandemic. Which Countries Have the Lowest Inflation? In fact, London is one of the chief financial centers of the world. There are 4,000 cities and towns in India. 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 Boston-Cambridge-Newton, Massachusetts. 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. 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. On this list, New York City was ranked as the richest city with a total of $3 trillion in private wealth. Besides being a major educational hub and commercial space, Tokyo's economy relies on industries related to healthcare, communications, transportation, and real estate. The current state of the Moscow economy isnt as bright as it was earlier in the year due to sanctions. The Richest Cities are shown below, based on GDP (Gross Domestic Product) data from 2011. 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.
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