The top 10 richest families in 2022 by estimated wealth are: The Walton family with $224.5 billion The Mars family with $160 billion The Koch family with $128.8 billion The Al Saud family with. Hong Kong is once again the city with the second most billionaires in the world. Singapores richest resident. Richest Asian Countries 2023 - worldpopulationreview.com However, this megacity is most famous for its thriving entertainment industry, which pumps billions of dollars into the city's (and country's) economy. Some of them have topped the rankings for decades, while some others are less well-known. Singapore is home to 249,800 millionaires making it the second richest city in Asia after Tokyo. Show publisher information Industries that contribute to New York Citys economy are health care, tourism, real estate, tech, publishing, fashion, media and insurance, among others. Tokyo has 39 million residents which are 50% more than any other urban area of the world. Top 50 Richest People in the World (2020) | Top Richest Once considered a major shipping hub to the world, that distinction has been replaced by the service industries, such as financial services. Washington, D.C.. However, today it has moved on to other, more profitable economic interests such as finances, high tech and insurance, to name a few. Dallas Number of individuals with a net worth of $5 million or more: 36,515 Percentage of global population: 1.2% 9. Furthermore, the Big Apple was also a popular destination for entrepreneurs and innovative businesses, furthering its reputation as a financially-savvy city. Mapped: The Top 10 Billionaire Cities - Visual Capitalist A paid subscription is required for full access. 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. Its no surprise that its capital city of Damascus has maintained its position as the worlds cheapest city. However, its also a city steeped in industry. Tokyo, Japan- GDP: $1,520 billion. These four cities are, Singapore broke into the top 10, replacing Seoul, which was No. Today, with 272,400 millionaires, the city holds a more humble position. 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. Using data from Wealth-X, here's a look at the top 10 cities with the highest UHNW populations: It's worth noting that six of the top 10 UHNW cities are in America. Use Ask Statista Research Service. the country's economy as a whole is one of the fastest growing in the world. Singapores richest resident, Zhang Yong, 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. Refer to sources for more information. 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. TOP-10 Richest cities in the world 2023 - wagecentre.com 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 Ryan Graves and Pinterest cofounder Ben Silbermann. 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 It goes without saying that due to its history tourism is a huge draw when it comes to obtaining revenue. It leverages a comprehensive data set that tracks the movements and spending habits of high-net-worth individuals in over 150 cities around the world. Out of the 2,095 members of the 2020 Forbes Worlds Billionaires list, 552 live in just ten cities. [3] List [ edit] Indian richest cities 2021. More than 80% of Russias billionaires call its capital home, including mining mogul Vladimir Potanin, who is also the richest person in the nation. By 500 A.D., Constantinople modern-day Istanbul was home to about half a million people (it's now the fourth-largest city on the planet). New Delhi- GDP $293.6 Billion. 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). By examining a cities GDP, we can get a good idea of its industries and how they contribute to the overall economic growth. If that is the case, knowing its cost of living is vital. This northern Chinese city is not only a hub for luxury brands, it headquarters China's largest companies, many of which are considered in the Fortune Global 500. 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. Reportedly, the top 20% earners in the city have an average salary of over $280,000 USD, with the top 5% earning over $530,000 USD. At 89 years old, Warren Buffett is the oldest richest person by 5 years. Atherton, CA (income: $525,324/ bailout: $3.8 million) - With a median home price of. Fortune Global 500 companies include SK Holdings, POSCO, LG Electronics and more. Mapped: Europes Biggest Sources of Electricity by Country, Visualizing the Scale of Global Fossil Fuel Production, Visualizing U.S. The USA is the only country with a large surface area and population among the highest-ranking nations, ranking eleventh. 1. Industries critical for L.A.s economic success include entertainment, international trade, gaming, tourism, fashion and more. 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. Washington, District of Columbia: $578.985 Billion, 4. Mumbai gained one billionaire resident since 2019, losing five billionaires but adding six newcomers. These four cities are home to 228 billionaires. A big economic draw for San Francisco is its close proximity to Silicon Valley. In fact, Tokyo plays host to the top money-building organizations and minds anywhere on Earth. The place is mostly known for its stunning Renaissance architecture and is . The richest city in the world is Tokyo. The city contributes about 30% of goods sold in Russia. The 15 Richest Cities in the US - MoneyWise 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. If youre looking, Read More The 20 Cheapest Places to Buy Land in the U.S. 2022Continue. 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. [Online]. Top 100 Poorest Countries in the World (2023) - Information Trip Ideas; Statista. Though London had a net gain of one new billionaire this year, this city that appeals to the worlds elite actually has five new billionaire residents who hail from outside the United Kingdom, including Russian brothers, , founders of online gaming firm Playrix; and, , who inherited part of the fortune of her late father, Brazilian healthcare tycoon, in an effort to slow the spread of the coronavirus in January, boosting the fortunes of online retail titans like, . 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. Standing as one of Russia's largest industrial and financial centre, much of the country's wealth is still tied to this capital city. 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. 10 Richest Car Companies In The World - ventured.com Richest Countries in the World 2022 | Global Finance Magazine 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.. RANKED: These Are The 50 Richest Towns To Live In The United States, 2020 U.S. Inflation: How Much Have Prices Increased? A massive powerhouse in Seoul is Samsung. Barcelona, Spain Rome, Italy Madrid, Spain Singapore, Singapore Amsterdam, Netherlands Prague, Czech Los Angeles, USA Chicago, USA San Francisco, USA Berlin, Germany Hong Kong, China Washington, USA Beijing, China Dublin, Ireland Istanbul, Trkiye Las Vegas, USA Milan, Italy Budapest, Hungary Toronto, Canada Sydney, Australia Seoul, South Korea Burundi GDP Per Capita: 724 Burundi, located in Central Africa, is the number one poorest country in the world by current figures. In 2019, the Northern California city attracted 26.2 million visitors who spent around $10.3 billion USD in the city. 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. Richest Cities in the World. Mapped: Which Countries Have the Highest Inflation? Much like Shanghai, Beijing enjoys a reputation as one of the Asia's (and the world's) wealthiest cities. Most such agglomerations are economically, socially and culturally dominated by one city at their centre. Many cities in India are densely inhabited, trade between them has improved, and transportation systems have been modernized. List of cities by GDP - Wikipedia Leading cities with the most billionaires in 2022 [Graph]. New York is the wealthiest city in the worldhome to 345,600 millionaires with a total private wealth that exceeds $3 trillion. 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. Principal industries which were the engine behind Moscows economy are textile, metallurgy, energy, and chemical. 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. It is the largest urban economy on the planet. 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. The 30 Richest People in the World - Wealthy Gorilla The country is entirely landlocked and is surrounded by Rwanda, Tanzania, and the Democratic Republic of Congo. China retains its title as the country with the most cities in the top 10, with Shenzhen moving up one spot to No. London has been the worlds wealthiest city for years, but over the past decade there has been an outflow of millionaires. Rankings Data - Cities and Municipalities Competitive Index - CMCI Mumbai gained one billionaire resident since 2019, losing five billionaires but adding six newcomers. Beyonc, Jay Z and Taylor Swift are just a few of the celebrities who own property in Tribeca. Looking to the future, companies and high-net-worth individuals will inevitably move where they are treated best. Boston-Cambridge-Newton, Massachusetts. The typical American household earns $57,617 per year. The ideal entry-level account for individual users. 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. Asia is the region with the second most millionaires with six cities in the mix. Loudoun County is the richest county in the USA, with an estimated average household income of $ 117,876. Fortune 500 companies include Discovery Communications, Fannie Mae, Walmart and CACI International among others. Kimberly Noel Kardashian West is an American media personality, socialite, model, businesswoman, producer, and actress. Manila: $790 million. China's capital city offers services in key sectors related to finance, information technology, scientific research, and industry. [1] The list is limited to the top 50 companies, all of which except Elevance Health have annual revenues exceeding US$140 billion. Top 10 Richest Cities In India 2021 Are you interested in testing our business solutions? It checks all the boxes when it comes to being an economically successful place: physical connectedness (ports, rivers, public transporatation), investment opportunities (access to venture capital), and attracting a crowd of skilled individuals from around the globe, nurturing a culture of innovation. Tokyo may not be as wealthy as New York, but this megacity remains one of the richest cities in Asia. 50 Richest Cities in the World | Ventured For example, Moscow's rich neighborhoods like Rublyovka contain private houses that can cost up to $60 to $80 million! Dublin is the wealthiest city, with a per capita income of $115,094. China is crucial to the worlds supply chain, and Shenzhens container port is one of the largest. ", 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. Beijing, China: $591.374 Billion Beijing is the capital of China and has a population of over 20 million. The cities shown in our visualization are already well-established locations for high-net-worth individuals. Being China's largest city, Shanghai also houses on of the world's largest ports, due to its proximity to the Yangtze River Delta. From Singapore To New York City, more than 26% of the worlds 2,095 billionaires live in just 10 cities on three continents. New York, U.S . Meanwhile, seven cities in Asia with the common denominator of high-income inequality and low wages dominate the list of the worlds cheapest cities. Bloomberg: richest places in America - CNBC This includes the burgeoning FinTech, or financial technology industries. Shanghai. Which Countries Have the Lowest Inflation? This large metropolitan area has a history of being the hub of Germanys heavy industry sector. America's 50 richest towns in 2020 | Daily Mail Online The Richest Cities are shown below, based on GDP (Gross Domestic Product) data from 2011. All maps, graphics, flags, photos and original descriptions 2023 worldatlas.com, The World's Most Populated Capital Cities. India is the world's second-most populous country, with several large cities and densely inhabited areas. In order to recoup losses, in June of 2022, the city of Shanghai released a post-lockdown business recovery plan. In 2020, New York had the largest number of ultra wealthy individuals (UHNW), reaching 11,475 people. Founded in 1630, Boston is one of our countries oldest cities. The top ten richest cities in the world based on private wealth include: The third-wealthiest country in Asia is Japan, with just over $5.3 trillion. One dropoff is Rajan Raheja, a member of the citys Raheja real estate clan, who was worth an estimated $2.3 billion last year. The city of rich historical, cultural, political and social significance, New Delhi, ranks second on this list with a GDP of $293.6 billion. 3. These initiatives include the Small Business Improvement Fund, the Chicago Recovery Grant, Special Service Area Program, Tax Increment Financing and more. Five are new billionaires from the finance industry, including private equity wizards, . In detail, 144 billionaires resided in the capital of China. This is due in part to the countrys strong economic growth and favorable business environment, which has attracted many wealthy individuals and families to the country. 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 headquarters of several cities are also found in Tokyo, which include Honda, Sony, Hitachi, and Mitsubishi. The TYO encompasses over 3,700 listed companies and a market value estimated at JPY 600 trillion (or approximately $42 billion USD).
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