The county seat of Loudoun is in Leesburg, where most administration activities take place. You only have access to basic statistics. Refer to sources for more information. Cairo Cairo Pyramids Hotel - Cairo, Egypt (photo: Marriott) ADVERTISEMENT Located along the Nile River, Cairo is one of the. The Private Industry Council works to promote the local economy via job training programs. While Shenzhens export-led manufacturers have. Atherton, CA (income: $525,324/ bailout: $3.8 million) - With a median home price of. Other companies crucial to Seouls economic health include: Kia, Daewoo and Hyundai. . Unlike so many other cities bending under the weight of a post-pandemic world, Houstons economy hs gotten stronger. Moreover, a portion of Beijing's rapid economic growth is the product of international investments, registering over 45,000 foreign-invested businesses in 2020. Makati City: $4.48 billion. Its no surprise to anyone that a good chunk of the Paris economy is the tourist trade. New York, U.S . When determining the GDP, the UN classifies 3 methods to determine it: City proper, urban area and metropolitan regions.. Our numbers for the richest cities in the world are based on the metropolitan statistical region. Major financial powerhouses in London include Canary Wharf, HSBC and Barclays. Visakhapatnam - Industrial Port Of India. Since 1949, Beijing was considered one of China's most industrial cities. Surprisingly, this is the Big Apples first time atop the ranking. Leading cities with the most billionaires in 2022 [Graph]. Its also host to the headquarters of around 75 percent of the worlds Fortune 500 companies. 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. London is ranked second with $2.7 billion in private wealth. Loudoun County is located in the Commonwealth Virginia, with a population of 375,000 people. 1. 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 . Dublin is the wealthiest city, with a per capita income of $115,094. 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. Among the top 50, Aruba will climb five spots. Loudoun County. Mumbai - City Of Dreams. The top 10. Moreover, much of London's wealth is concentrated in neighborhoods like Westminster, Kensington, Islington, and Chelsea. Two of those in Beijing are new billionaires this year: Larry Xiangdong Chen of GSX Techedu and Liu Yachao of TAL Education Group, both of whom own companies that provide online education and after-school tutoring for students. 9 last year. Though affordability sounds good at face value, sitting at the bottom of the ranking isnt necessarily a coveted position. After their divorce, MacKenzie received a 4% stake in Amazon, which was worth about $35 billion at the time. This may not be surprising, considering the U.S. is the world's largest wealth marketit holds over 29% of the world's wealth. "Leading cities with the most billionaires in 2022." 2. According to various estimates, the Japanese capital is home to 13.1 to 13.7 million people. Dubai in top 10. 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. Photo: @Kim Kardashian West. 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. Home to 12 Fortune 500 companies, the city of Philly is Pennsylvanias financial hub. Everything from financial services, fashion, digital media, the food/beverage industry and tech found a home in Toronto. The richest country in the world is Luxembourg. Adding to the diversity are biotech companies and information technologies. All maps, graphics, flags, photos and original descriptions 2023, The World's Most Populated Capital Cities. Otherwise, the city serves as a global financial centre, due to its large abundance of banks, insurance companies, and financial service centres. 2022 Rankings of Highly Urbanized Cities. Meanwhile, seven cities in Asia with the common denominator of high-income inequality and low wages dominate the list of the worlds cheapest cities. London and the rest of the United Kingdom finally left the European Union on January 31st, 2020. Billionaire refers to U.S. dollar billionaire. Available:, 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. San Ramon ranks among the top ten safest cities in California. As a Premium user you get access to the detailed source references and background information about this statistic. , 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. San Francisco has a rich economic history,,one that includes the wealth generated by the California Gold Rush. 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. Even though the city was riddled with the effects of the pandemic, Job growth occurred with another 5,700 jobs added. [1] The list is limited to the top 50 companies, all of which except Elevance Health have annual revenues exceeding US$140 billion. 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 . Let's consider New York City. 2 on the list, but the city recorded a net loss of eight billionaire residents. 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. - 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. Here are the 10 leading cities for the wealthy for 2019. Business Solutions including all features. London and Paris are the major and richest cities in Europe with a GDP of US$835 billion and US$822 billion respectively. Being China's largest city, Shanghai also houses on of the world's largest ports, due to its proximity to the Yangtze River Delta. Shanghai. In Hong Kong, 9,530 ultra wealthy individuals resided, followed by Tokyo with 8,345 lived. 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. A massive powerhouse in Seoul is Samsung. 3. New York City, USA: $1,330.000 Billion. . Today, Boston is a center of learning with many stellar educational institutions like MIT and Harvard, which contribute greatly to Bostons economy. Once a top contender in manufacturing, today manufacturing revenue covers only around 10 percent of the economy. Tokyo has 39 million residents which are 50% more than any other urban area of the world. 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. Despite its picture of wealth, only a small percentage of Seoul's population claim to be wealthy. Foreign corporations such as IBM, Nestle, Hewlett-Packard and more flooded Beijing, causing a rapid economic expansion. 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. Pasig City: $710 million. More than 80% of Russias billionaires call its capital home, including mining mogul Vladimir Potanin, who is also the richest person in the nation. London has been the worlds wealthiest city for years, but over the past decade there has been an outflow of millionaires. Five are new billionaires from the finance industry, including private equity wizards Tony Tamer and Steven Klinsky. MacKenzie Scott is an American novelist and philanthropist. With about 2,320 multi-millionaires calling Paris home, the backbone of this European city relies on hospitality, commerce, transportation, and other services. The Big Smoke is no stranger to economic prosperity. Furthermore, 121. This video will compare the top 50 richest people in the world by net worth in 2020. Show publisher information Despite being significantly smaller than Los Angeles, San Francisco houses more millionaires than its southern California counterpart. Here are the Top 10 Richest Places in America and how they split their Heroes Act bailout allocation: #1. 1. In terms of asset management, FinTech, and ESG investment, Tokyos continued growth as the worlds most foremost economies appears secured. A paid subscription is required for full access. Newcomers from other sectors also joined the ranks, including AI pioneer, Hong Kong remains No. Devoted to encouraging economic development, Chicagos Department of Planning and Development has a number of economic development initiatives. Asia is the region with the second most millionaires with six cities in the mix. 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. 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. The city contributes about 30% of goods sold in Russia. In fact, Seoul is known as the most wired city in the world due to the high concentration of high-tech industries. Furthermore, Los Angeles' wealth is also tied to its appeal to immigrants and innovative companies involved in information and technology. Out of the 2,095 members of the 2020 Forbes Worlds Billionaires list, 552 live in just ten cities. Much like Shanghai, Beijing enjoys a reputation as one of the Asia's (and the world's) wealthiest cities. These are of very low quality and should be avoided. 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. Another industry that rains gobs of revenue on the City of London is the tourism industry with over 20 million visitors per year. Tokyo may not be as wealthy as New York, but this megacity remains one of the richest cities in Asia. 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. Paris is also home to several Fortune Global 500 companies such as, BNP Paribas, Peugeot, CNP Assurances, SNCF, Vivendi and more. Fortune Global 500 companies in Tokyo include: Honda Motors, Hitachi, Sony, Mitsubishi and more. (((61/33)^(1/15))^10)*33 and (((33/21)^(1/15))^10)*21. If we're looking at cities in terms of total wealth, then the Big Apple leads the pack by a country mile. The largest economy in states, New York Citys prosperity is rooted in Wall Street. More than 80% of Russias, call its capital home, including mining mogul. As soon as this statistic is updated, you will immediately be notified via e-mail. 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. Major metropolitan areas contributing at least 2.5% of world GDP. GM was the best-performing automobile company in the 20th century but has still maintained a top position among the wealthiest car manufacturers. Industries that contribute to New York Citys economy are health care, tourism, real estate, tech, publishing, fashion, media and insurance, among others. China is crucial to the worlds supply chain, and Shenzhens container port is one of the largest. If you are an admin, please authenticate by logging in again. In, Hurun Research Institute. Hong Kong is once again the city with the second most billionaires in the world. 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. The TYO encompasses over 3,700 listed companies and a market value estimated at JPY 600 trillion (or approximately $42 billion USD). 29. When Covid struck, global traveling came to a halt, and for a while Macao even slipped out of the 10 richest nations ranking. Dallas plays host to a variety of industries, and its these industries which are responsible for the economic growth of the Dallas metropolitan area. The Chinese capitals tally of ten-figure-fortunes rose by six since last year to reach 67 billionaires. Consumption of Fuel and Materials per Capita, Visualizing Chinas Dominance in Battery Manufacturing (2022-2027P), Mapped: The Population of Indias States Compared with Countries. Washington, D.C.. London, United Kingdom: $978.402 Billion, 2. $516.5. This California city is home to prominent billionaires like Mark Zuckerberg, Laurene Powell Jobs, Brian Chesky, and Jack Dorsey, with many of these billionaires possessing assets worth over $8 billion USD. You need at least a Starter Account to use this feature. 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. Kicking off the list is the charming Italian city of Florence - which is kind of surprising. Once considered a major shipping hub to the world, that distinction has been replaced by the service industries, such as 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. Each of the columns in the table is sortable by pressing on the arrows at the head of the column: Cities (metropolitan areas) by percentage of national GDP. 4, respectively. 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Asia continues to dominate the list of the worlds least expensive cities, followed by parts of North Africa and the Middle East. The typical American household earns $57,617 per year. Looking to the future, companies and high-net-worth individuals will inevitably move where they are treated best. Elon Musk Elon Musk is a South African-born Canadian-American businessman, investor & the richest person in the world. Palo Alto - $147,537 Fortune 500 companies include Discovery Communications, Fannie Mae, Walmart and CACI International among others. 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. Profit from the additional features of your individual account. Top 10 Poorest Countries In The World 1. 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. With the onset of free-market reforms in the 1990s, Beijing saw its economic development soar. The Top 15 Cities in Asia in 2020. 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 Quezon City: $1.69 billion. 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). charles l capito,