Moscow is also home to a population of "nouveau riche" Muscovites and prominent neighborhoods, with properties that can cost millions of dollars. Among Singapores newcomers are gaming tycoons Forrest Li and Gang Ye, cofounders of the online gaming and e-commerce firm Sea; both industries have benefited from people staying indoors and spending more time online. The four cities that made the top 50 in 2019 but did not make . 29. 6 and No. San Ramon ranks among the top ten safest cities in California. Monaco - 29.21% Millionaires. In detail, 144 billionaires resided in the capital of China. The Top 5 Cities in Mexico in 2020. Visualizing the Global Share of U.S. Stock Markets. Tokyo's wealth is also tied to the Tokyo Stock Exchange (TYO), regarded as one of the largest stock exchanges in the world. As of March 2023, MacKenzie Scott's net worth is estimated to be $33.3billion. 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. There are 4,000 cities and towns in India. 9 last year. The median home value for the lower Tribeca area is around $2.5 million. The USA is the only country with a large surface area and population among the highest-ranking nations, ranking eleventh. Access to this and all other statistics on 80,000 topics from, Show sources information City of Clayton -$146,225. 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.". The 373-page COA report covered all 81 provinces, 145 out of 146 cities, and 1,447 out of 1,488 municipalities that submitted their 2020 financial statements. Tokyo is the most fascinating city to live in but also the most densely packed. Zhongguancun is considered the Silicon Valley of China and is deeply rooted in the electronics and high-tech industries such as Microsoft, Sony and Google. The wealthy city-state has 31 billionaire residents, up from 22 last year, and replaces Seoul in the top 10. (((61/33)^(1/15))^10)*33 and (((33/21)^(1/15))^10)*21. About 300 cities have population over 1,00,000. Moreover, a portion of Beijing's rapid economic growth is the product of international investments, registering over 45,000 foreign-invested businesses in 2020. Follow Us. Being a prominent city in Asia, Shanghai is home to over 24 million people, there are about6,180 multi-millionaires and 42 billionaires living in Shanghai. A paid subscription is required for full access. 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, . As a Premium user you get access to background information and details about the release of this statistic. Rising development costs and foreign competition had already felled the fortunes of South Koreas pharmaceuticals sector, before coronavirus concerns hit the countrys economy in late February in total, thirteen Seoul-based billionaires dropped off the list. London, United Kingdom: $978.402 Billion, 2. The collective net worth of the citys billionaires is $424 billion, down $45.7 billion from a year ago. Till 2030, Tokyo city will project to be the top-most populated city on earth. 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. In total, these 30 people control. From Singapore To New York City, more than 26% of the worlds 2,095 billionaires live in just 10 cities on three continents. Furthermore, 121. As a major commercial hub for England, a number of established companies are found in London, such as Unilever, Barclays, BP, and Shell. Much like Shanghai, Beijing enjoys a reputation as one of the Asia's (and the world's) wealthiest cities. Los Angeles, USA The city of Los Angeles makes significant efforts to foster economic growth in the local community. The typical American household earns $57,617 per year. 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. With about 2,320 multi-millionaires calling Paris home, the backbone of this European city relies on hospitality, commerce, transportation, and other services. 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. 1. New York's richest resident, 476 Washington Avenue, former mayor Michael Bloomberg, has a net worth of $45 billion, making him one . Beijing also has the dubious distinction of being the knock-off capital of the world. Fortune Global 500 companies housed in Moscow include Gazprom, Rosneft Oil and Sistema among others. Keep in mind that state-owned corporations in China get tremendous government support no matter what the economic conditions, even Global 500 companies like SAIC Motor and China National Petroleum. Finally, Oceania has two cities on the list, both located in Australia. 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. If you live in a city where many residents find it challenging to put a roof over their heads, food on their plates, and make ends meet, you live in an expensive city. With an estimated GDP of $310 billion, Mumbai ranks number one in the list of the richest cities in India. Newcomers to the billionaire ranks who live in San Francisco include private equity dealmaker. Tripoli and Tehran, the capitals of Libya and Iran, respectively, follow next on this list, reflecting their weakened economies. $520.1. Cities become expensive due to a variety of factors such as high demand for housing, a concentration of high-paying businesses and industries, and a high standard of living. These four cities are, Singapore broke into the top 10, replacing Seoul, which was No. Sy Siblings Still at Top. These four cities are home to 228 billionaires. The top 10. In the past, manufacturing was seen as a booming sector in Shanghai, but lately its slowed and is being replaced by financial services, trade, information tech, real estate and commerce, among others. Accessed March 04, 2023. https://www.statista.com/statistics/299494/billionaires-top-cities/, Hurun Research Institute. Newcomers to the billionaire ranks who live in San Francisco include private equity dealmaker Orlando Bravo and cloud communications entrepreneur Vlad Shmunis. For the fourth straight year, Atherton topped Bloomberg's Richest Places annual index. Asia is the region with the second most millionaires with six cities in the mix. Media mogul turned politician Michael Bloomberg, founder of Bloomberg, is the . 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. Delhi City. This video will compare the top 50 richest people in the world by net worth in 2020. Standing as one of Russia's largest industrial and financial centre, much of the country's wealth is still tied to this capital city. , a member of the citys Raheja real estate clan, who was worth an estimated $2.3 billion last year. Please create an employee account to be able to mark statistics as favorites. It is also home to Wall Street, the financial capital of the US and the world. Blessed with an affordable cost of living, two stunning shorelines, vibrant cities, and swathes of glorious scenery, its understandable, Read More The 10 Best Places to Live in Mexico for AmericansContinue, If you live in Kentucky already, then youll already be well aware that when it comes to crime, the Bluegrass State is doing pretty well for itself. Seven cities have population more than 3 million. It goes without saying that due to its history tourism is a huge draw when it comes to obtaining revenue. 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"Leading Cities with The Most Billionaires in 2022. Its no surprise to anyone that a good chunk of the Paris economy is the tourist trade. Our ranking shows the 50 wealthiest countries, measured by gross domestic product per capita and adjusted by the purchasing in the respective country. Another industry that rains gobs of revenue on the City of London is the tourism industry with over 20 million visitors per year. Everything from financial services, fashion, digital media, the food/beverage industry and tech found a home in Toronto. Beyonc, Jay Z and Taylor Swift are just a few of the celebrities who own property in Tribeca. 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. Looking to the future, companies and high-net-worth individuals will inevitably move where they are treated best. Surprisingly, this is the Big Apples first time atop the ranking. China retains its title as the country with the most cities in the top 10, with Shenzhen moving up one spot to No. The Shenzhen Special Economic Zone was created in May of 1980 and is based on Irelands Shannon Free Zone. The City of Chicagos economy is home to a strong financial sector which includes the Chicago Board of Trade, NYSE Arca, Chicago Mercantile Exchange, Chicago Board Options Exchange and the Chicago Stock Exchange. In the list of Forbes' Philippines' 50 Richest 2020, the Sy siblings remain at the number one spot of Philippines' Rich List for this year with a net worth of $13.9 Billion despite losing $3.3 Billion due to the pandemic. While the cost of living in some of the cities in these nations is low, it comes at the price of a weak currency, poor economy, and, in many cases, political and economic turmoil. There are many benefits to living in an iconic city like New York or Singapore, but the amenities and exclusivity can come at a high cost. 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. , who is also the richest person in the nation. A huge part of this development was the influx of multi-national corporations. He worked to revolutionize transportation on earth. Cities may be defined as the cities proper, the extent of their urban area, or their metropolitan regions. Cebu City: $660 million. Business Solutions including all features. 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. $516.5. The top 10 richest cities in the Philippines. Other industries which influence the economy of Boston include the biotech industry, tourism, finance services and several Fortune 500 companies. Among the top 50, Aruba will climb five spots. The city of rich historical, cultural, political and social significance, New Delhi, ranks second on this list with a GDP of $293.6 billion. 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. to incorporate the statistic into your presentation at any time. Lower down the list So, which cities are lower ranked than in previous years? New York City notched the top spot for the sixth year running, growing its count of billionaire city dwellers by eight compared to 2019. Quezon City: $1.69 billion. Values soared as interest rates on loans went down in a sellers market, which made it tougher to find affordable properties. 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. Being China's largest city, Shanghai also houses on of the world's largest ports, due to its proximity to the Yangtze River Delta. After their divorce, MacKenzie received a 4% stake in Amazon, which was worth about $35 billion at the time. Basically, the metropolitan areas of Maastricht. The cannabis business is rather recent, but also encourages financial growth for the city.
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