In total, these 30 people control. Top 10 Richest Asian Countries (2020 GDP, Int$ PPP - World Bank) China - $24.27 trillion; . There are 4,000 cities and towns in India. Global 500 | Fortune The PPP is a way to meaure prices in different countries (and ultimate convert between currencies), based on the equal amount of goods and services that can be bought. London and the rest of the United Kingdom finally left the European Union on January 31st, 2020. She was the wife of Jeff Bezos, founder of Amazon. The city-state of Singapore is the wealthiest country in Asia, with a per-capita GDP of . Quezon City unseats Makati as PH's wealthiest LGU - RAPPLER Top 50 Richest Places In America Allocated $350 Million "Coronavirus Reportedly, Moscovites earn a higher salary compared to national average, with many much of their income tied to renting real estate property and entrepreneurial ventures. 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 . With the onset of free-market reforms in the 1990s, Beijing saw its economic development soar. Property prices, 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, 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. 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. Tourism is another major contributor to the economy of Philadelphia. Newcomers to the billionaire ranks who live in San Francisco include private equity dealmaker. Finally, Oceania has two cities on the list, both located in Australia. Some cities have some obvious billionaires that come to mind. Consumption of Fuel and Materials per Capita, Visualizing Chinas Dominance in Battery Manufacturing (2022-2027P), Mapped: The Population of Indias States Compared with Countries. Aside from establishing the NYSE in the early 19th century (formerly known as the New York Stock and Exchange Board), the city was set in a convenient location for trading, due its proximity to the Hudson River and the Great Lakes. 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. Quezon City: $1.69 billion. Dublin is the wealthiest city, with a per capita income of $115,094. The city employs 36,000 people and is home to some 75, 00 people. L.A. makes good use of both job training programs and development projects. 1. Fortune Global 500 companies housed in Moscow include Gazprom, Rosneft Oil and Sistema among others. Boasting a financially fruitful economy, the Big Apple is known for its abundantly wealthy population, with a the collective wealth of over $3 trillion USD. Shibuya Crossing, one of the busiest crosswalks in the world, in Tokyo, Japan Tokyo's wealth is also tied to the Tokyo Stock Exchange (TYO), regarded as one of the largest stock exchanges in the world. Does your team make it in the top fifty richest soccer clubs in 2022? The company currently focuses on its four core brands: Cadillac, Chevrolet, GMC and Buick. The country is entirely landlocked and is surrounded by Rwanda, Tanzania, and the Democratic Republic of Congo. Currently, you are using a shared account. Which Countries are Buying Russian Fossil Fuels? 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. Wealthiest cities (amount in billions . 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.". 10. Leading billionaire cities 2022 | Statista 30 in the index, a. The Rhine-Ruhr metropolitan area is the economic power house of Germany. Cairo Cairo Pyramids Hotel - Cairo, Egypt (photo: Marriott) ADVERTISEMENT Located along the Nile River, Cairo is one of the. - 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. London has been the worlds wealthiest city for years, but over the past decade there has been an outflow of millionaires. The methodology of calculating GDP may differ between the studies and are widely based . About 300 cities have population over 1,00,000. It has a diverse stable economy ranging from Gas Extraction and Manufacturing, Companies and Enterprise, and Retail Trade. Both these cities had high inflation and a strong currency. 1. Tokyo may not be as wealthy as New York, but this megacity remains one of the richest cities in Asia. Its been rapidly replaced by information tech and financial services. ed from the effects of the trade war with the U.S., the citys billionaires added $29.7 billion to their collective net worth since 2019. Furthermore, Tokyo owns 10% and close to 16% of Japan's officespace and workers, respectively. The four cities that made the top 50 in 2019 but did not make . 9 last year. San Francisco also relishes in its reputation as the sixth largest economy in the US. The richest cities in the world are determined by their gross domestic product, or GDP. The Top 25 Cities in the World in 2020. 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. Current Health Expenditure per Capita. He is worth $1 billion, becoming the richest actor in the world. 7 and Shanghai and Beijing staying flat at No. Geneva, Switzerland - 17.92% Millionaires. Tokyo, Japan- GDP: $1,520 billion. Chart. These initiatives include the Small Business Improvement Fund, the Chicago Recovery Grant, Special Service Area Program, Tax Increment Financing and more. When is it OK to Buy a House Site Unseen as an Investor? In detail, 144 billionaires resided in the capital of China. For instance, the city of New York is a metropolitan area made up of 5 boroughs with each borough contributing to the cities overall GDP. Most of the cities in our list have a similar history in terms of long-standing economical power (Tokyo, Paris, London), while others seem to have gained most of their wealth in the past 2 to 3 decades (San Francisco.). 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. Top 10 Richest Cities in the World with Most Billionaires , 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. 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. City of Clayton -$146,225. Its wealthiest resident, , chairman and CEO of Internet media behemoth Tencent Holdings, is the, . In pre-Covid times, Chicago clocked round 55 million tourists in 2017. 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. Otherwise, Los Angeles enjoys wealth from other industries related to biosciences, trade, information, transportation, and aerospace. According to a study by Teleport, Osaka scores well when it comes to affordable housing, community safety, business, and healthcare. For example, Moscow's rich neighborhoods like Rublyovka contain private houses that can cost up to $60 to $80 million! The Richest Cities are shown below, based on GDP (Gross Domestic Product) data from 2011. London, United Kingdom: $978.402 Billion, 2. Image Source. 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. These four cities are, Singapore broke into the top 10, replacing Seoul, which was 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, . In the U.S., a few tax-friendly states like Texas and Florida became home to American companies moving their head offices there. Top 10 Wealthiest Families in the World - Investopedia: Sharper insight With an estimated GDP of $310 billion, Mumbai ranks number one in the list of the richest cities in India. Let me take you through the updated list of the World's richest cities as of 2022. In 2020, New York had the largest number of ultra wealthy individuals (UHNW), reaching 11,475 people. The 20 Richest ZIP Codes in the USA - MoneyWise China retains its title as the country with the most cities in the top 10, with Shenzhen moving up one spot to No. Top 50 Richest People in the World (2020) | Top Richest The median home value for the lower Tribeca area is around $2.5 million. For instance, Osaka is home to major electronics corporations like Sharp and Panasonic as well as pharmaceutical companies, food, retail and trading companies. With the onset of free-market reforms in the 1990s, Beijing saw its economic development soar. The 10 Richest Cities in the World - WorldAtlas Home to about 393,000 millionaires, Seoul's economy is rooted in manufacturing, financial services, and transportation. San Ramon ranks among the top ten safest cities in California. It is the largest urban economy on the planet. One dropoff is Rajan Raheja, a member of the citys Raheja real estate clan, who was worth an estimated $2.3 billion last year. Additionally, the world's major companies are headquartered in Seoul, which include Samsung, Hyundai, LG, and Kookmin Bank. Top 50 Richest Indians in 2022: Comprehensive List - StartupTalky The TYO encompasses over 3,700 listed companies and a market value estimated at JPY 600 trillion (or approximately $42 billion USD). Here are the top 10 cities in Africa where the most rich people live MacKenzie Scott is an American novelist and philanthropist. After all, Paris is one of the hotbeds of world tourism, its the city of love and art. This city's success is due to its industrial and manufacturing activity, made up of a technology-savvy and highly skilled work force. For instance, billionaires like Zhang Yiming, founder of TikTok, calls the capital city home (with a net worth of about $35.6 billion USD)! Here are the Top 10 Richest Places in America and how they split their Heroes Act bailout allocation: #1. 2022 Rankings of Highly Urbanized Cities. Newsletter. Fortune 500 companies include Comcast, Colonial Penn, Sunoco, Aramark, CIGNA, Lincoln Financial Group, and more. 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). 1 with $13.9 billion. 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. As such when it comes to the richest cities in the world, New York City comes in at number 2. 10. Beijing, China: $591.374 Billion Beijing is the capital of China and has a population of over 20 million.