top 100 richest cities in the world 2020

According to Forbes in 2020, Moscow currently has 83 billionaires, with a combined net worth of a whopping $314 billion. Other cities with a high concentration of billionaires include Los Angeles, San Jose, Houston, Chicago, and Boston. The hardships of 2020 and 2021 only meant that the Windy City was spring-loaded for a breakout 2022, powered by a fully operational OHare International, the #5 airport in the world as measured by the number of direct destinations served. Mapped: Which Countries Have the Highest Inflation? 1. The typical American household earns $57,617 per year. $36 Billion. The Indian mega-city recorded a gain of 10 billionaires. In 2020, the world gained 493 new billionairesthats one every 17 hours. . 3 million and a median household income of $175,944. Some of the major economic activities include; oil exploration, gold mining and refining, international trade, tourism, aviation, and retail commerce. Financial Clout (strength of a citys finance and banking industries) 10. Two major museums have moved into the new Humboldt Forum in the heart of the city: the Ethnological Museum and the Museum of Asian Art. Top 10 Richest Cities in the Philippines. Nowhere is the transformation more dramatic than along the River Seine in the heart of Pariss tourist district, near Notre Dame Cathedral and city hall itself. The city of rich historical, cultural, political and social significance, New Delhi, ranks second on this list with a GDP of $293.6 billion. In fact, a significant portion of the USs 616 billionaires live in these 14 states alone, as of 2020. 7) Barcelona (No. 1 ranked NYC and No. Dont miss the reopened Mausoleum of Augustus as well as the Casa Romana, a 4th-century residence underneath the Museo di Scultura Antica Giovanni Barracco. 3, while Mumbai and San Francisco, both home to 48 billionaires, tied at No. In our recent ranking of the best-performing cities, we used five measures of economic health. In order to provide an objective analysis of the competitiveness of major urban centers, CEOWORLD magazine has produced its Cities Of Economic Influence Index, competitive in everything from finance, fashion, music, and movies, to now even start-ups and high tech. Additionally, New York City also houses more of the worlds ultra-wealthy individuals, which contributes to its ranking as the wealthiest city overall. 5. Its why the city-state continues its ascent among the planets most prosperous cities, with a growing cluster of Global 500 companies (placing it #24 globally). Still, Beijing today insists students are taught President Xi speeches and continues to persecute dissent. L.A. Many of Moscows billionaires are involved in the oil and gas industry, as well as in retail, property development and manufacturing. How different things looked in February, when Russia launched its illegal war against Ukraine. Speaking of restaurants, more than 50 have opened in 2022, with almost that many slated for 2023. That includes two of the top 10 firms by market cap, Tencent and Alibaba. TOP 10 RICHEST COUNTRIES IN THE WORLD 2023 Details on the top 10 wealthiest countries in the world. And nothing would go further to demonstrate the citys efficacy in achieving a cleaner, healthier Paris than being able to host swimming events for athletes and the general public post-Games. The citys impressively deep subwaybuilt at the height of the Cold War so it could serve as a bomb shelteris once again doing what it does best: whisking people around for just eight hryvnia, or 20 cents, per ride. The richest among them is French businesswoman Franoise Bettencourt Meyers, the. Chicago has just over 166,000 millionaire households, making it the fourth city in the US with the most millionaire households. According to a 2019 report from Spectrem Group, a financial market research firm, there were 11 million households in the US that could be considered millionaires. With a population of over 12 million people, it is home to the largest number of billionaires in the world. This number has grown steadily since the research firm began reporting on the topic in 1996, which is a reflection of the overall economic growth the US has seen in recent years. The economy of the United States is very well diversified; manufacturing, retail commerce, pharmaceuticals, agriculture, and military equipment are some key sectors. 2. And speaking of The Wharf, phase two of the massive Southwest Waterfront development is scheduled to open any month now. The government has already committed $16 billion to establish Singapore as a global research and development hub. Not that the citys promotion engine was waning. Plus, of course, a 42,000-square-foot rooftop park for what will likely be almost 10,000 employees in a few years. Scarsdale, New York 3. The wealthiest 1% of Americans hold an amazing 40% of all wealth. Ireland is a country in Western Europe, which is identical in so many ways with Great Britain. Pandemic Recovery: Have BEACH Stocks Bounced Back? But even with a vast rise in awareness, there are still discrepancies between the level of investment crypto receives amongst European Union nations. Not like the district has nowhere to sleep: the new Sir Adam Hotel, occupying the first eight floors of the landmark Adam Tower, has access to the citys highest observation deck to really wake up groggy guests. The global reverence for the city has returned with international travel. Singapores 50-year rise from politically unstable, resource-poor and unskilled ex-colony to talent- and capital-hungry shipping hub (the worlds busiest) and, subsequently, Asias wealth management capital, is place-brand engineering at its most ambitious. Many of the 20 recently opened and coming- soon high-end hotels are committed to reusefrom the Madrid Edition by Marriott International, housed in the old Monte de Piedad de Madrid building, to the stunning Metrpolis buildings new life as a boutique hotel, spa, private club and multiple restaurants. Wealth is counted quite differently among countries than it is among individuals. Its difficult to argue with National Geographics declaration that this massive, singular steel-and-glass-clad torus is one of the most beautiful museums in the world. 8), Los Angeles (No. GDP per capita figures (which compile the earnings of each individual making up the population, and then make out an average figure which is quoted) are the most globally accepted means of arranging the wealthiest countries in the world. It has the worlds tallest tower, the Burj Khalifa, and one of the largest aquarium tanks anywhere. Fortunately, the suspension of travel for more than a year expedited the long-planned transformations of New Yorks international gateways. Companies are leaving for Austin and Florida as a result. Additionally, the efficient handling of COVID-19 has allowed the economy to get back on track much more quickly than other countries. The metropolis is home to approximately 100,000 restaurants, so visitors and residents alike could never hope to experience a fraction of them. However, the tourism industry is also quite important, and other sectors like the hospitality and aviation sectors are also important. The four cities in the United States with the most millionaires are New York City, Los Angeles, San Francisco, and Chicago. It is quite a small country; ruled by the Sultan- an absolute hereditary monarch. Major sectors there include financial services, telecoms, retail, tourism and basic materials. Dubai is a city of superlatives: you can ride the elevator to the top of the worlds tallest building for a birds-eye view, and bet on the ponies at the worlds richest horse race. Associated with national wealth is the human development index, which measures the quality of life of the larger population of any country. Top 5 Richest Counties in the USA 2022 Loudoun County Loudoun County is located in the Commonwealth Virginia, with a population of 375,000 people. Its already helped the city get into our top 50 Airport Connectivity ranking. The median household income in Cherry Hills Village is an estimated $250,000, and the city has an estimated population of 6,000. An astonishing 61 luxury London propertieseach worth $11.5 million or morewere sold in the first six months of 2022, which was the highest number in a decade. Madrids #13 ranking in our Place category is well-earned and will only improve in the future, given long overdue big-budget projects, like making the central Gran Va boulevard far more pedestrian friendly. Dia Chelsea is a new contemporary installation space, and the Frick Madison (the temporary home of the Frick Collection) has opened in the Breuer on Madison Avenue in a building formerly used by the Met. Out of the top 30, he's the youngest by more than a decade. Singaporeans also enjoy one of the longest life expectancies, and lowest infant mortality rates in the world. Kyiv is a city of many faces. Despite the pandemic and subsequent derailment of Japans plansor perhaps because of themthe Japanese government remains steadfast, keeping its target of 60 million visitors and $136 billion in tourism revenue by 2030. If all those newcomers cant cook at home, they came to the right place, especially these days, when the culinary industry is being reborn after dozens of the citys most iconic restaurants shuttered over the pandemic. Once downtown, a visitor might cross the new glass bridge (targeted by Russian bombardment on Oct. 10 but still standing) toward the parliament building and Maryinskyy Park, popular for a stroll with dogs or children. London, United Kingdom London has the highest GDP among all cities in Europe, and its GDP is estimated at $732 billion, making it the second richest city in the world. In February 2022, the hometown Rams ended the inaugural season by winning it all in Hollywood fashion. New York City, New York, United States With a nominal GDP of $1.6 trillion, it is the most economically powerful city in the world and is a significant global financial center. Not to worry, though, Kyivans are friendlyand happy to take their foreign friends to their favorite places. With so many expected arrivals, NYC is certainly making sure everyone has a place to stay. Of course, being among the safest cities on the planet helps, too. The county seat of Loudoun is in Leesburg, where most administration activities take place. Six of the top 10 cities in Wealth-X's global ranking are located in the U.S. Below, CNBC Make It highlights the top cities by wealthy population, defined as those with a net worth of $5 million or more. 4. The ancient gateway between Europe and Asia, the conservatism and liberalism that Istanbuls history built on radiates in every atom of Trkiyes kinetic capital. Some cities have some obvious billionaires that come to mind. The top ten richest cities in the world based on private wealth include: New York, New York, United States London, England Tokyo, Japan Silicon Valley, California, United States Beijing, China Shanghai, China Los Angeles, California, United States Hong Kong, China Sydney, Australia Singapore CSV JSON The e-commerce boom helped the citys wealthiest resident, Pinduoduo founder Colin Huang, whose fortune tripled to $55 billion. $269.2B. If the 21st century belongs to China (Narrator: It does), Beijing will be the place to watch its rise. Despite earthquakes, tsunamis and typhoons, Tokyo has long held on to its top spot as one of the safest metropolises on the planet. Frankfurt, Germany - 3.88% Millionaires 4. But for resilient New Yorkers, those attacks of course merely steeled their resolve for better days amid the death, protest and malaise. Considering Pariss plan to hold the 2024 opening ceremonies not in a stadium but by floating down its sacred river, nursing it back to health would be incredibly poetic, even in a town that invented poetic gestures. All this happens in one of the planets safest cities. It compares exposure to cryptocurrencies relative to stocks, funds, and bonds. Surprised to see a midsize European capital with a fading party rep ranked so high? It occupies 1.3 square miles in the center of the city, and Paseo del Prado, which includes a promenade for pedestrians, runs parallel to it, connecting the heart of the nations art world, flanked by the Prado Museum, with the Thyssen-Bornemisza National Museum and the Reina Sofa art center. A coin-throw from Trevi Fountain is Don Pasquale, housed in the former residence of Italian composer Gaetano Donizetti, making this restaurant and cocktail bar a destination not just for Italian cuisine lovers, but for interior design buffs as well. Brunei is a country in Southeast Asia. San Francisco welcomed 11 billionaires to its ranks, including food delivery pioneers Apoorva Mehta (Instacart founder) and Tony Xu (DoorDash CEO), complicating the narrative of tech moguls fleeing the Silicon Valley for places like Miami and Austin. Depending on where you live, investors can have wildly different preferences when it comes to choosing asset classes. The US Dollar is also the currency most used for international transactions. Last year's Top 100 Hotels winner, this glamorous, Bill Bensley-designed resort features a dramatic suspension bridge . According to various estimates, the Japanese capital is home to 13.1 to 13.7 million people. Big shopping malls provide plenty of opportunities for entertainment, and no geopolitical crisis, contentious election or looming threat of Russian invasion have stood in the way of new investments: construction cranes are everywhere. Processed fish, raw aluminum and other raw materials also contribute immensely to the economy of the country. New York City is home to more ultra-wealthy individuals than any other city in the world, with 120,605 residents worth $5 million or more. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'coalitionbrewing_com-leader-4','ezslot_15',155,'0','0'])};__ez_fad_position('div-gpt-ad-coalitionbrewing_com-leader-4-0');Elsewhere in the world, YK Paos billionaire village in China, where many of the countrys wealthiest citizens own lavish residences, is often touted as the worlds richest neighborhood. Dubai, though a wealthy city in its own right, falls behind these bigger cities in the overall rankings. Hangzhou squeaked in at No. Norway has a land area of 385,207 square kilometers, and a population of 5.4 million. On average, Londons billionaire residents are 37% richer than they were last year. The torrent of new and renoed hotels in the city is also doubling down on outdoor spaces. Moscow Billionaires: 70 UHNW Homeowners: [Unspecified] Total net worth: US$301.7 billion 4. Take the recent approach to a refugee accommodation crisis that led to hundreds of unhoused migrants, many fleeing Russias invasion of Ukraine, sleeping outside the citys overflowing resource centers: accommodate more than 1,000 on a moored cruise ship for six months, buying vital time to find other arrangements. At least the world got to see a bit of Beijings splendor during the curtailed 2022 Winter Olympic Games, with the brand-new airport getting its due globally. New York landed number two globally and number one in the United States in the latest World's Best Cities 2020 by Resonance Consultancy. The United Arab Emirates has a land area of 83,600 km2, and a population of 10 million. Since the beginning of the Russian invasion of Ukraine, Anna and her team have focused on covering war crimes, reporting from the field and identifying Russian service members in Ukraine. Beijing, China Beijing has a GDP of $351 billion, making it the seventh richest city globally. Rankings of Cities and Municipalities are based on the sum of their scores on 4 Pillars: Economic Dynamism, Government Efficiency, Infrastructure, Resiliency, and Innovation. They come for some of the worlds lowest corporate taxes and stay for the home- grown economic development initiatives like Irelands Local Enterprise Office, which supports international companies with mentoring, training and financial grants. As for the next decade, it's impossible to know how long the economic downturn due to the coronavirus will last, but "gains in wealth are likely to be delayed," Wealth-X predicts. In detail, 144 billionaires . The citys iconic La Rambla boulevard is also in the midst of ambitious renos to make it more walkable with fewer cars, while elevating the areas architecture and art heritage, culminating with the reopening of the areas stunning 17th-century Teatre Principal in 2024. Given that crypto has experienced bubble-like asset rallies, including a dramatic rise to over a trillion dollars in value before crashing, its fair to say its well known by now. It helps to be able to offer eager young employees something to do outside of work, which Dublins famousthough increasingly costlypub-centric nightlife (ranked #15 globally) handily takes care of, along with an abundance of concerts, shows and events (Culture ranks #19). London and Paris are the major and richest cities in Europe with a GDP of US$835 billion and US$822 billion respectively. In addition to these top 5 states, other US states with a significant number of billionaires include Pennsylvania, Michigan, Washington, Massachusetts, Arizona, Ohio, New Jersey and Georgia. 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). BURJ AL-ARAB IN DUBAI, UAE This hotel is ranked as the first and top richest hotel in the world and it has its landmarks or it is situated in the United Arab Emirates, which is in Dubai. According to French government estimates, tourists actually spent 10 percent more in France this summer than they did in 2019, which itself was one of the highest tourism-spending years on record. Tens of billions spent on infra- structure to welcome the world sat mostly empty and the 2,000 hotels, inns and guest houses opened around the city will be underwater financially for years, to say nothing of the shopping complexes and other tourist infrastructure. Kuwait (-4) will be the worst loser, followed by The Bahamas (-3) and Iceland (-3). Overall, the wealthy reside in a diverse range of locations in many different countries, with each individual having their own personal preference for the city or destination of their choosing. Fortunately the city is almost back to pre-pandemic capacity, if the tube is any indication. 9), and Rome (No. The mighty Dnipro lapping at their feet connects over two dozen Ukrainian cities to the Black Sea, provides drinking water and hydroelectricity to many of their fellow citizens and forms an indelible part of the countrys heritage, glorified by national poet Taras Shevchenko as the symbol of Ukraines fate. What are the top 4 cities in US with most millionaires? One of these is the Kyiv Pechersk Lavra, a beautiful complex of church buildings on a hill. The result: raw, unabashed urbanity and self-expression that atrophied under pandemic restrictions for the past 30 months. According to the survey, 18% of the countrys population has some sort of investment in it. St. John. Wealthiest cities . is the best food town in America because its also among the most diverse, says L.A. Tourism and Convention Board president and CEO Adam Burke. Stepping in are tours focusing on the citys enviable livability and Dutch history. A recent report from real estate firm Cushman & Wakefield illustrated the run on London: of the 398 central London leasing transactions over 5,000 square feet in 2021, 59 were new businesses setting up for the first time or those relocating from outside Londonthe highest number ever recorded since tracking began in 2013. Remarkably, cinemas, restaurants and theaters remain open; stylish young people drink their filter coffee with their dogs and laptops; during rush hour, traffic jams once again clog the citys arteries. The ranking hasn't changed much over the past decade, Wealth-X says: "Large and dynamic global cities tend to stay popular among the wealthy over long periods of time.". Revenues from overseas investment are added to domestic income to pay for these recurrent expenditures. Ma Huateng Net Worth. The worlds richest street is Wall Street in New York City, the financial center of the United States and the global economy. But should you wish to, there are plenty of places to stay. LaGuardia Airport, Newark Liberty International Airport and John F. Kennedy International Airport all have new terminals, with the new Terminal B at LaGuardia alone boasting 35 gates (to say nothing of the FAO Schwarz on site).

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