Profit from the additional features of your individual account. Basically, the metropolitan areas of Maastricht. Its been rapidly replaced by information tech and financial services. Which Countries Have the Lowest Inflation? China is crucial to the worlds supply chain, and Shenzhens container port is one of the largest. The cannabis business is rather recent, but also encourages financial growth for the city. The current state of the Moscow economy isnt as bright as it was earlier in the year due to sanctions. Quezon City: $1.69 billion. Fortune 500 companies located in the Rhine-Ruhr metropolitan area include: ThyssenKrupp AG, RWE AG, Bayer AG, Evonik Industries, among others. Its also host to the headquarters of around 75 percent of the worlds Fortune 500 companies. To use individual functions (e.g., mark statistics as favourites, set Mumbai gained one billionaire resident since 2019, losing five billionaires but adding six newcomers. Top 10 Poorest Countries In The World 1. 29. The richest city in the world is Tokyo. 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. Pune - Oxford Of The East. 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. Ian Lurie on Quora calls Seattle "one of the most beautiful U.S. cities you'll find, with lots of lakes, the bay, mountains and green stuff.". 4, respectively. Blessed with an affordable cost of living, two stunning shorelines, vibrant cities, and swathes of glorious scenery, its understandable, Read More The 10 Best Places to Live in Mexico for AmericansContinue, If you live in Kentucky already, then youll already be well aware that when it comes to crime, the Bluegrass State is doing pretty well for itself. 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. Kuwait (-4) will be the worst loser, followed by The Bahamas (-3) and Iceland (-3). Please create an employee account to be able to mark statistics as favorites. 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. Moreover, dozens of Russia's most prominent companies are also headquartered in Moscow that contribute to the city's wealth, which includeRosneft, Sberbank, Russian Railways, and Lukoil. March 17, 2022. Beijing's richest billionaire is the founder of TikTok (among other things), Zhang Yiming with a net worth of $35.6 billion. Being a world-class city that attracts prominent figures in the tech industry, San Francisco is one of California's most popular (and richest) cities. Even though the city was riddled with the effects of the pandemic, Job growth occurred with another 5,700 jobs added. Seven cities have population more than 3 million. The third-wealthiest country in Asia is Japan, with just over $5.3 trillion. Tokyo is the economic hub of Japan and is one of the most important cities in the world for business and finance. Taguig City: $480 million. Richest Resident: Colin Zheng Huang, $55.3 Billion Shanghai remained at number six despite adding 18 new billionaires and Colin Zheng Huang is the richest resident of the city. Chinese energy giants State Grid, China National Petroleum, and Sinopec rounded out the top five. In fact, Tokyo plays host to the top money-building organizations and minds anywhere on Earth. The international city of romance boasts an economically wealthy status. 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 $6 Million. Please do not hesitate to contact me. This infographic uses information from the Henley Global Citizens Report, in partnership with New World Wealth, to rank the worlds wealthiest cities. Top 10 Richest Asian Countries (2020 GDP, Int$ PPP - World Bank) China - $24.27 trillion; . Since 1949, Beijing was considered one of China's most industrial cities. ", Hurun Research Institute, Leading cities with the most billionaires in 2022 Statista, https://www.statista.com/statistics/299494/billionaires-top-cities/ (last visited March 04, 2023), Leading cities with the most billionaires in 2022 [Graph], Hurun Research Institute, March 17, 2022. Additionally, the world's major companies are headquartered in Seoul, which include Samsung, Hyundai, LG, and Kookmin Bank. According to a study by Teleport, Osaka scores well when it comes to affordable housing, community safety, business, and healthcare. U.S. Inflation: How Much Have Prices Increased? The country is entirely landlocked and is surrounded by Rwanda, Tanzania, and the Democratic Republic of Congo. 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. But what are the fastest growing cities for the rich? Let's consider New York City. Industries critical for L.A.s economic success include entertainment, international trade, gaming, tourism, fashion and more. Europe comes in third with five cities, though only London makes into the top 10 portion of the ranking. New York City. India is the world's second-most populous country, with several large cities and densely inhabited areas. Founded in 1630, Boston is one of our countries oldest cities. The richest country in the world is Luxembourg. When Covid struck, global traveling came to a halt, and for a while Macao even slipped out of the 10 richest nations ranking. Lower down the list So, which cities are lower ranked than in previous years? Show publisher information The list of top 50 richest football clubs in the world ranked by Forbes have been revealed. In pre-Covid times, Chicago clocked round 55 million tourists in 2017. 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. The city with one of the most expensive real estate markets worldwide, Hong Kong ranked fourth in this list, followed by Los Angeles, which moved up from its ninth rank in 2021. 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. Kicking off the list is the charming Italian city of Florence - which is kind of surprising. In fact, Seoul is known as the most wired city in the world due to the high concentration of high-tech industries. This may not be surprising, considering the U.S. is the world's largest wealth marketit holds over 29% of the world's wealth. Chart. This international city is also attractive to domestic and foreign investors alike. Learn more about how Statista can support your business. Tokyo has 39 million residents which are 50% more than any other urban area of the world. Both these cities had high inflation and a strong currency. Principal industries which were the engine behind Moscows economy are textile, metallurgy, energy, and chemical. RANKED: These Are The 50 Richest Towns To Live In The United States, 2020 Sophie Ireland C-Suite Lifestyle February 21, 2020 With an average household income of more than $525,000, Atherton, California is the richest town in the United States, that's according to a Bloomberg report. 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. 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. 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. Beijing, China: $591.374 Billion Beijing is the capital of China and has a population of over 20 million. $520.1. Once a leader in the manufacturing industry, that industry has been bowing to more modern industries like high tech, financial services and electronics. Lets take a closer look at some of the top-ranking cities making the list. 9 last year. Beijing also has a sizeable billionaire population of 100 people, compared to any other international city. 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. This is because they are supposed to get a better idea, Read More When is it OK to Buy a House Site Unseen as an Investor?Continue, You might be thinking of relocating to New Hampshire for work or other reasons. These four cities are home to 228 billionaires. Sy Siblings Still at Top. Another crucial element is the neighborhood of Zhongguancun. This includes the burgeoning FinTech, or financial technology industries. 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. Cities may be defined as the cities proper, the extent of their urban area, or their metropolitan regions. Fortune Global 500 companies include SK Holdings, POSCO, LG Electronics and more. Tokyo's wealth is also tied to the Tokyo Stock Exchange (TYO), regarded as one of the largest stock exchanges in the world. 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! With the onset of free-market reforms in the 1990s, Beijing saw its economic development soar. 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. Moreover, much of London's wealth is concentrated in neighborhoods like Westminster, Kensington, Islington, and Chelsea. 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. 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. Refer to sources for more information. This is a list of cities in the world by gross domestic product (GDP).The United Nations uses three definitions for what constitutes a city, as not all cities may be classified using the same criteria. Japans largest city is home to the Tokyo Stock Exchange, which is one of the largest stock exchanges in Asia by market capitalization. Tourism is another major contributor to the economy of Philadelphia. Fortune 500 companies include Discovery Communications, Fannie Mae, Walmart and CACI International among others. GM was the best-performing automobile company in the 20th century but has still maintained a top position among the wealthiest car manufacturers. Here are the Top 10 Richest Places in America and how they split their Heroes Act bailout allocation: #1. 2 on the list, but the city recorded a net loss of eight billionaire residents. These cities have a combined GDP of $2.4st trillion, equating to more than double that of second-place San Francisco. Luxury services also play a significant factor in Paris' economy, acting as a hub for famous brands like Mot, Cartier, and Louis Vuitton. In fact, the average annualy income in these neighborhoods is typically over 100,000. What is the Cost of Living in New Hampshire? For instance, Osaka is home to major electronics corporations like Sharp and Panasonic as well as pharmaceutical companies, food, retail and trading companies. In particular, the United States claims five of the cities in the top 10, including the very top spot with New York City. The San Francisco Bay Area boasts 276,400 millionaires. 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. Singapore is home to 249,800 millionaires making it the second richest city in Asia after Tokyo. In 2022, cities with strong oil and gas industries like Riyadh, Sharjah, Dubai, Luanda, Abu Dhabi, Doha, and Lagos grew exceptionally. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Visualizing the Global Share of U.S. Stock Markets. The company currently focuses on its four core brands: Cadillac, Chevrolet, GMC and Buick. Its no surprise that its capital city of Damascus has maintained its position as the worlds cheapest city. Organisation for Economic Co-operation and Development, List of most expensive cities for expatriate employees, List of country subdivisions by GDP over 200 billion US dollars, "Gross Domestic Product: Implicit Price Deflator", "Standard country or area codes for statistical use (M49): Geographic Regions", "Global Wealth GDP Nominal Distribution: Who Are The Leaders Of The Global Economy? Register in seconds and access exclusive features. New Delhi- GDP $293.6 Billion. By 2025, the city's GDP would have [] Penthouses in the 30 Park Place complex are currently listed for 10 times as much. Frankfurt in Germany is the second richest city after Dublin with an income of $102,941 per capita. In 2022, the combined wealth of India's 100 richest increased by $25 billion to touch $800 billion. Rising development costs and foreign competition had already felled 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. Mapped: Which Countries Have the Highest Inflation? Los Angeles, USA The city of Los Angeles makes significant efforts to foster economic growth in the local community. Los Angeles is a city that takes great strides to encourage economic growth. One dropoff is. Billionaire refers to U.S. dollar billionaire. In Hong Kong, 9,530 ultra wealthy individuals resided, followed by Tokyo with 8,345 lived. According to the Hurun Global Rich List 2022, the leading city with the most billionaires in 2022 was Beijing. 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. The cities shown in our visualization are already well-established locations for high-net-worth individuals. The city-state of Singapore is the wealthiest country in Asia, with a per-capita GDP of . However, today it has moved on to other, more profitable economic interests such as finances, high tech and insurance, to name a few. China retains its title as the country with the most cities in the top 10, with Shenzhen moving up one spot to No. American retail corporation Walmart has been the world's largest company by revenue since 2014. 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. Historically speaking, Osaka has always been thought of as a major economic center of Japan. According to the United Nations' latest report on populations in cities, by 2030, "urban areas are projected to house 60 percent of people globally and one in every three people will live in . The Top 5 Cities in Mexico in 2020. 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. You need at least a Starter Account to use this feature. Hong Kong is once again the city with the second most billionaires in the world. . 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. Asia is the region with the second most millionaires with six cities in the mix. 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. Newcomers from other sectors also joined the ranks, including AI pioneer, Hong Kong remains No. 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, . Well-known corporations that reside in SEZ are Tencent, Huawei and DJI. In total, these 30 people control. 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. Greater Mumbai still is the most populated city in its 440 sq. Alongside its growing wealth, San Francisco is also one of the fastest growing cities in the country. With the onset of free-market reforms in the 1990s, Beijing saw its economic development soar. The wealthy city-state has 31 billionaire residents, up from 22 last year, and replaces Seoul in the top 10. As a SEZ, businesses in the area receive special treatment in the form of tax benefits, which helps increase the GDP bottom line immensely. The methodology of calculating GDP may differ between the studies and are widely based . The Fortune 500 companies hosted by Boston include: State Street, Liberty Mutual Insurance, Gillette and General Electric. At 35 years old, Mark Zuckerberg is the youngest richest person by more than a decade. Caloocan City: $360 million. Paris is also home to several Fortune Global 500 companies such as, BNP Paribas, Peugeot, CNP Assurances, SNCF, Vivendi and more. As a major commercial hub for England, a number of established companies are found in London, such as Unilever, Barclays, BP, and Shell. Loudoun County is the richest county in the USA, with an estimated average household income of $ 117,876. These figures were taken after the market close on September 18, 2020. Despite being significantly smaller than Los Angeles, San Francisco houses more millionaires than its southern California counterpart. 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.. Furthermore, 121. Among the top 10 richest economies, Ireland has the fastest-growing economy with 13.04%. 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. Toronto is the second largest financial center in North America, Like New York City, Torontos financial hub is populated by diverse industries. 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. (March 17, 2022). 3. Washington, D.C.. If you live in a city where many residents find it challenging to put a roof over their heads, food on their plates, and make ends meet, you live in an expensive city. Its no surprise to anyone that a good chunk of the Paris economy is the tourist trade. (Video) TOP 10 RICHEST CITIES In The World 2021 (Uncover) Which is the richest city in the world 2022? Newcomers to the billionaire ranks who live in San Francisco include private equity dealmaker Orlando Bravo and cloud communications entrepreneur Vlad Shmunis. San Francisco also has the highest median household income in the country. Dallas plays host to a variety of industries, and its these industries which are responsible for the economic growth of the Dallas metropolitan area. At 89 years old, Warren Buffett is the oldest richest person by 5 years. 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 .