top 50 richest cities in the world 2020

In an attempt to rank the cities of the world according to wealth, we will use the Purchasing Power Parity (PPP) as a means of comparison. 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. A little known fact is that L.A. is the manufacturing center of the country. It had about 2,000 inhabitants at the time. Meanwhile, Barcelona dropped to No. [3] List [ edit] Los Angeles is not California's only wealthy city! Kolkata- GDP $150.1 Billion. But what are the fastest growing cities for the rich? UAE in Top 20. Here are the 10 leading cities for the wealthy for 2019. Surat - City Of Sun. He also praises the seafood, arts scene and welcoming atmosphere, though other critics call Seattle residents overly materialistic. The collective net worth of the citys billionaires is $424 billion, down $45.7 billion from a year ago. Lower down the list So, which cities are lower ranked than in previous years? Shipping isnt the only industry which brings revenue into SEZ, its also the sizable industrial parks, high-tech industries and of course, trade. Mumbai gained one billionaire resident since 2019, losing five billionaires but adding six newcomers. "Leading Cities with The Most Billionaires in 2022. As a Premium user you get access to background information and details about the release of this statistic. Which Countries are Buying Russian Fossil Fuels? Luxury services also play a significant factor in Paris' economy, acting as a hub for famous brands like Mot, Cartier, and Louis Vuitton. This year 92 billionaires live in the Big Apple as their primary residence 8 more than a year ago. 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. 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. The Shenzhen Special Economic Zone or SEZ is an important business and financial services center in China. Five are new billionaires from the finance industry, including private equity wizards, . 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. Where are the German and Chinese Cities? Zurich, Switzerland - 27.34% Millionaires. For the fourth straight year, Atherton topped Bloomberg's Richest Places annual index. Manila: $790 million. Before the Ukraine invasion, Moscow was the economic hub of Russia. After all, Paris is one of the hotbeds of world tourism, its the city of love and art. The typical American household earns $57,617 per year. How many millionaires, centimillionaires, and billionaires live in the worlds wealthiest cities? Among the top 50 economies having the highest gdp per capita, Macao SAR . Due to heavy investment into research and development, high-tech companies in Shenzen have consistent government support. In particular, the United States claims five of the cities in the top 10, including the very top spot with New York City. San Francisco also has the highest median household income in the country. A massive powerhouse in Seoul is Samsung. It is through the electric car maker Tesla and in space by rocket produced by SpaceX. 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. The TYO encompasses over 3,700 listed companies and a market value estimated at JPY 600 trillion (or approximately $42 billion USD). This infographic uses information from the Henley Global Citizens Report, in partnership with New World Wealth, to rank the worlds wealthiest cities. 1. A huge part of this development was the influx of multi-national corporations. 27. Hong Kong remains No. 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. Tokyo may not be as wealthy as New York, but this megacity remains one of the richest cities in Asia. 9 last year. 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. Fortune 500 companies include Comcast, Colonial Penn, Sunoco, Aramark, CIGNA, Lincoln Financial Group, and more. Pune - Oxford Of The East. Refer to sources for more information. Well-known corporations that reside in SEZ are Tencent, Huawei and DJI. 1. Five are new billionaires from the finance industry, including private equity wizards Tony Tamer and Steven Klinsky. At 89 years old, Warren Buffett is the oldest richest person by 5 years. From Singapore To New York City, more than 26% of the worlds 2,095 billionaires live in just 10 cities on three continents. London and the rest of the United Kingdom finally left the European Union on January 31st, 2020. 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 . 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. Makati City: $4.48 billion. Atherton, CA (income: $525,324/ bailout: $3.8 million) - With a median home price of. Despite suffering a tough downturn due to the pandemic, Shanghai remains one of the worlds richest cities. 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. 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. Fortune Global 500 companies housed in Moscow include Gazprom, Rosneft Oil and Sistema among others. By examining a cities GDP, we can get a good idea of its industries and how they contribute to the overall economic growth. Their net worth is based on the data from 2022 available on their respective Forbes profiles. 9 last year. Furthermore, the Big Apple was also a popular destination for entrepreneurs and innovative businesses, furthering its reputation as a financially-savvy city. The decade-long conflict in Syria weakened the Syrian pound, led to a spiraling inflation and fuel shortages, and further collapsed its economy. 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. The cities shown in our visualization are already well-established locations for high-net-worth individuals. We added hundreds of new lists - see our top 101 city lists. Newcomers from other sectors also joined the ranks, including AI pioneer, Hong Kong remains No. New York City notched the top spot for the sixth year running, growing its count of billionaire city dwellers by eight compared to 2019. 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. Los Angeles, Chicago and Houston round out the top five. Other notable NYC billionaire residents include hip-hop superstar Jay-Z and Julia Koch, the widow of former Koch Industries magnate David Koch. 2 on the list, but the city recorded a net loss of eight billionaire residents. After their divorce, MacKenzie received a 4% stake in Amazon, which was worth about $35 billion at the time. 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.". London: 63 Billionaires Since Last Year: +7 Total Net Worth: $316.1 Billion Richest Resident: Len Blavatnik, $32 Billion In pre-Covid times, Chicago clocked round 55 million tourists in 2017. Quezon City: $1.69 billion. At 35 years old, Mark Zuckerberg is the youngest richest person by more than a decade. The collective net worth of the citys billionaires is $424 billion, down $45.7 billion from a year ago.

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