Additionally, the efficient handling of COVID-19 has allowed the economy to get back on track much more quickly than other countries. The Top 100 Companies of the World: Competition From China The biggest and most impressive competitor to the U.S. is China. Buses were replaced, parks and squares renovated and the once-chaotic parking situation has improved, leaving more space for biking and walking. Chicago, Illinois, United States With a GDP of $383 billion, Chicago is the sixth richest city in the world. What it's like to be a millennial landlord during the coronavirus pandemic, How this 39-year-old earns $26,000 a year in California. Moscow, the capital of Russia, ranks seventh on the list of the world's richest cities. Barcelona is an almost ideal European city, one with near-perfect weather year-round, three miles of beaches within city limits, iconic parks, striking architecture and colorful neighborhoods that march to their own beatartistic, sophisticated, bohemian. $269.2B. Alibaba cofounder Jack Mas fortune rose $9 billion, to $48 billion, despite running afoul of Chinas regulators. The Eternal City has always been coveted. New York Metropolis is living up to its image as a resilient and resourceful city, even though it is still showing signs of being beaten and wounded due to the pandemic's ravages. 5 million residents in the city, it is the largest city in the United States by population. The remainder of the top 20 include Washington DC (11th); Sydney (12th); Sao Paulo (18th); four European cities, Moscow (13th), Zurich (17th), Amsterdam (19th), and Istanbul (20th); and three Asian cities Dubai (14th), Riyadh (15th), and Tel Aviv (16th). That has helped attract global talent that today ranks #27 for Educational Attainment worldwide while enjoying top-10 Income Equality. Kolkata is the financial, commercial and industrial hub of the North East region. Still, Beijing today insists students are taught President Xi speeches and continues to persecute dissent. And getting to the citys #10-ranked Sights & Landmarks by bike or foot will also help visitors discover more of its streets. The answer to where the super rich live varies widely depending on their individual preferences and tastes. Right. According to fDi Markets, the Financial Times foreign investment tracker, London has pulled in the most foreign direct investments into tech from international companies since 2018, ahead of New York, Singapore and Dubai. Those delayed Olympics went on, of course, despite a tourism ban and local crowds not allowed to watch the live events. Nairobi is home to about 280 multi-millionaires. Capella Ubud, Bali, Indonesia. Growing in both size and number, cities are hubs of government, commerce, and transportation, and in 2021, the world's 20 largest cities are home to half a billion people. The city is home to many executives, entrepreneurs, and celebrities, including John Elway, Peyton Manning, and Willie Nelson. The Dnipro, one of Europes largest rivers, divides Ukraines capital into two different worlds: the right bankwith its historical center, administrative buildings, cafs and restaurantsand the residential left bank. Which Countries are Buying Russian Fossil Fuels? Tourists walk in silhouette across the river from the London Eye, one of the most famous landmarks, skylines and iconic buildings in the capital in London, England, United Kingdom. In 15 of the richest U.S. metro areas, most homes are worth more than $500,000. 6. Major sectors there include financial services, telecoms, retail, tourism and basic materials. They also enjoy some of the fastest Internet connection speeds, and their society is virtually corruption-free. L.A. 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. The richest among them is French businesswoman Franoise Bettencourt Meyers, the. Its #16 Prosperity ranking includes #9 finishes in our Employment and GDP per Capita subcategories. 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. Details on the top 10 wealthiest countries in the world. 10. Singapore is a very well developed economy; some of the key sectors include aviation, financial services, maritime and shipping, as well as hospitality. In the world's 10 poorest countries, the average per-capita purchasing power is about $1,350 while in the 10 richest is close to $100,000 according to data from the International Monetary Fund (IMF). The citys history is full of wars and revolutionsafter each of which it inevitably blooms again in a 1,500-year cycle of devastation and rebirth. According to the U. S. Census Bureaus American Community Survey in 2019, the wealthiest city in the United States is Cherry Hills Village, Colorado. The richest of the rich are quite concentrated in cities, but some cities seem to best suit the billionaire lifestyle. Especially the fact that there was nary a selfie stick or sudden-stopping tourist to run into. The economy of Ireland is very developed and diversified. Check out the worlds richest cities for 2020 below. Paris, France Paris is the tenth richest city in the world with a GDP of $212 billion. Mayor Colau has delivered on her promise to reach 125 miles of bike lanes, with another 20 to be completed by 2023. 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Mindy Wright is CEOWORLD magazine's Deputy Commissioning Editor, and leads global newsroom coverage and management. Companies are leaving for Austin and Florida as a result. Even before the Euromaidan revolution, locals in one of the citys most picturesque areas fought to preserve it from destruction. But on both sides of the Bosporus Strait, everyone is talking about Galataport, Istanbuls reinvigorated historic city harbor. Dubais firehose of only-here experiences is not by accident: the city reinvented itself yet again throughout the 2010s, growing from a sterile playground for a handful of ultra-rich Emiratis to an international tourism and business destination. Mix in a safe (#23), accessible modern city and its thousands of portals back in time (Sights & Landmarks are in the global top five) and its easy to see how Rome cracked the Best Cities Top 10 again this year (after just missing out in 2021). On a hot day they might first get off at Hidropark, a metro station on an island, to relax at one of its beaches. 4. 9), and Rome (No. The Buen Retiro (pleasant retreat) park in the city center joined Madrids tree-lined Paseo del Prado boulevard on UNESCOs World Heritage list two years ago. The highest-profile new residents include Instagram CEO Adam Mosseri, who may have come for the most #1 rankings of any city in our Top 100from Culture to Nightlife, but stayed for another of Londons assets: the best-educated citizenry on the planet. 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. After dinner comes dancing, with electronic music particularly big here in recent years. Singapore - 2.80% Millionaires 7. San Francisco doesnt just welcome differences, it celebrates them, ranking it #34 in our People category, including #9 for Educational Attainment among its citizenry. The State of Qatar is a country in Western Asia. Zhang Yiming, Founder of ByteDance, in Beijing, China. Ultsan $80,058 5. 1. It would be a mistake to focus on the mall part of the name, however; like the city itself, the Dubai Mall is more of an attempt to capture every human experience and repackage it for consumption. The government has already committed $16 billion to establish Singapore as a global research and development hub. Factors included safety, weather, landmarks and attractions, diversity, culture, dining and economic prosperity. 1. But even with a vast rise in awareness, there are still discrepancies between the level of investment crypto receives amongst European Union nations. Visualizing Bidens $1.52 Trillion Budget Proposal for 2022, Mapped: GDP Growth Forecasts by Country, in 2023, Visualizing the Odds of Dying from Various Accidents. 24/7 Wall Street reviewed income levels in 382 metropolitan . 8), Los Angeles (No. Aquarter of the 2,755 members of the 2021 Forbes Worlds Billionaires list live in just 10 citiesincluding more than 10% who reside in just four Chinese metropolises. Wealthy individuals may also choose to live in established resort or luxury communities such as Monaco, The Hamptons, or Palm Beach. After a long confrontation, the activists won: the sculptures and murals will remain. Cumberland. As of 2020, there is an estimated $3 trillion worth of assets and capital in the city. Heck, Palatine Hill alone invites you into two millennias worth if youve got an hour. Li Ka-shing, the retired investing legend, added $12 billion to his fortune, becoming the port citys wealthiest resident. New York City is also the most densely populated of all major cities in the country and is located in the state of New York. The US Dollar is also the currency most used for international transactions. Newcomers include the Museo Ninfeo, which chronicles the ruins of a lets call it vacation property for Roman emperors. Singapore is an island country in Southeast Asia. Among the top 10 richest economies, Ireland has the fastest-growing economy with 13.04%. For the first time in seven years, the Big Apple lost its No. No other German city embodies the countrys sentiments of tolerance and acceptance quite like its capital. From construction cranes to the gilded facades of Orchard RoadSingapores version of Fifth Avenue for high-end fashion, now more coveted with the imminent opening of the 350-room sustainability-obsessed luxury Pan Pacific Orchard as well as the new (and massive) Hilton Singapore Orchardthe city knows its affluent global audience: moneyed wanderers who seek efficiency, security and exoticism. Of course, being among the safest cities on the planet helps, too. Those 2022 openings include the AC Hotel Washington DC Capitol Hill Navy Yard, and the Pendry DC The Wharf. An earlier report from the Department of Finance also placed Quezon City as the country's richest city in terms of locally sourced revenue, which stood at P21.57 billion, still higher than Makati's P14.99 billion.. And those are reopening, too. New York's richest person and former mayor, Michael Bloomberg, is worth $59 billion. Scholarships For International Students Planning To Study In Sweden, 2020, Share Your Best My City In Night Photos: #MyCityInNight Photo Challenge, Best Universities For Doctor of Business Administration (DBA), 2022, Worlds Best Hospitality & Hotel Management Schools, 2022, 100 Best Cities For Business Travel In 2020, Top 30 Women-Friendly Travel Destinations In The World, America Rich List: Richest Billionaires In The United States, Best Leisure Destinations To Visit In 2020, The Worlds Richest People (Top Billionaires, 2023), Wealthiest People in Australia (March 3, 2023), Wealthiest People in Austria (March 3, 2023), Wealthiest People in Brazil (March 3, 2023), Wealthiest People in Canada (March 3, 2023), Inclusion and Diversity at CEOWORLD magazine. By absolute number, New York is well ahead of any other city, with a total UHNW footprint approaching 25,000 individuals. Estimations from http://www.citymayors.com/statistics/richest-cities-2020.html Quiz by Singapore Rate: Nominate Last updated: October 27, 2015 You have not attempted this quiz yet. In general, rich men are likely to live in cities where there is a high concentration of wealth and opportunity. The new SoFi Stadium, the largest in the National Football League, officially opened last fall to host the NFLs Rams and Chargers home games. The smallest city in our Top 50 is a tiny but mighty dynamo to keep an eye on, led by visionary mayor Femke Halsema (literally: shes also a filmmaker), the first non-interim female mayor in the citys history. Tokyo, Japan. It compares exposure to cryptocurrencies relative to stocks, funds, and bonds. They often frequent places like golf courses, yacht clubs, flying clubs, art galleries, and high-end restaurants. However, it is worth noting that the share of millionaires among the total US population is still relatively small compared to other countries such as Japan, Singapore, and Hong Kong. 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.". CEOWORLD magazine - Top Stories - Stats Gate - Most economically influential cities in the world, 2020. Generally speaking, it is believed that Atherton, California is the most expensive suburb in America. Here are the 10 cities in the world with the most billionaires: #1 | BEIJING: 100 billionaires SINCE LAST YEAR: +33 TOTAL NET WORTH: $484.3 BILLION RICHEST RESIDENT: ZHANG YIMING, $35.6. That demonstrable care for its aging population, to say nothing of 80 percent of citizens living in public housing, further differentiates this fascinating city from any other urban center on earth. As early cases spiked, Gotham became the nations nightmarish coronavirus core. Its 2020 Research, Innovation and Enterprise Plan aimed to duplicate Nordic and Israeli innovation and R&D, much of which will strengthen local universities. If the 21st century belongs to China (Narrator: It does), Beijing will be the place to watch its rise. 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. For all the talk of learning from the pandemic, one city appears to be going all-in on the hard lessons it gave and their application to molecular urban change. 4 to No. The city also boasts numerous parks and recreation areas, providing ample outdoor activities for its citizens. 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). The wealthiest 1% of Americans hold an amazing 40% of all wealth. No wonder its been trending so highly on Google. UK professionals . The city with the fourth-best restaurants on the planet is buzzing again with big-name openings like Dubai-based izakaya-style restaurant Kinoya in Harrods. Go up, look down and breathe out. Macau $135,120 3. Some of the key sectors are manufacturing, banking, and services. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'coalitionbrewing_com-box-4','ezslot_5',147,'0','0'])};__ez_fad_position('div-gpt-ad-coalitionbrewing_com-box-4-0');After those two states, the rankings diverge significantly, with Texas, Florida, and Illinois having the third, fourth and fifth most billionaires respectively. Switzerland is a country in Europe; it is located at the confluence of Western, Central, and Southern Europe. 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. Located in San Mateo County, Atherton had a population of 7,218 as of the 2020 census and a median home price of $7. In the end, more than 100 people were killed by the authorities right in the citys heart. Provincial rankings are based on population and income weighted average of the Overall scores of cities and municipalities under a province. Looking further at the cities billionaires live in, the two cities with the most billionaires are New York City and San Francisco. However, when it comes to the highest concentration of billionaires per capita, San Francisco doesnt come close to that of Beverly Hills. Osaka, Japan Osakas GDP of $223 billion makes it the eighth richest city in the world. According to various estimates, the Japanese capital is home to 13.1 to 13.7 million people. The investment in the citys outdoor realm will improve Madrids middling #60 ranking in our Outdoors subcategory, especially combined with how safe the city has become (ranking #23 globally). What theyll find is more non-vehicular access to the city. COST: $3.4 MILLION. 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 Let's take a closer look at where exactly the world's wealthiest cities are in 2020. Number of individuals with a net worth of $5 million or more: 36,515Percentage of global population: 1.2%, Number of individuals with a net worth of $5 million or more: 37,495Percentage of global population: 1.3%, Number of individuals with a net worth of $5 million or more: 39,390Percentage of global population: 1.3%, Number of individuals with a net worth of $5 million or more: 44,795Percentage of global population: 1.5%, Number of individuals with a net worth of $5 million or more: 49,005Percentage of global population: 1.7%, Number of individuals with a net worth of $5 million or more: 50,305Percentage of global population: 1.7%, Number of individuals with a net worth of $5 million or more: 71,035Percentage of global population: 2.4%, Number of individuals with a net worth of $5 million or more: 73,430Percentage of global population: 2.5%, Number of individuals with a net worth of $5 million or more: 81,645Percentage of global population: 2.8%, Number of individuals with a net worth of $5 million or more: 120,605Percentage of global population: 4.1%, Don't miss:25-year-old who owns 5 properties shares the 2 personal finance books that helped him earn $230,000 last year, Check out:The best credit cards of 2020 could earn you over $1,000 in 5 years, Get Make It newsletters delivered to your inbox, Learn more about the world of CNBC Make It, 2023 CNBC LLC. The site of several internationally ranked universities (Trinity College Dublin, University College Dublin, and Dublin City University), the city continues to attract smaller start-ups that choose it over traditional head office cities like London and New York. It is predicted that Atlanta's GDP per capita will be $54,615 by 2021. Ultimately the pandemic took care of the tourist problem, with devastating results. Atherton, California Average household income: $525,324 2. With all of this culinary investment, the citys middling global #105 Restaurants ranking will surely improve. They draw in large numbers of visitors, as well as researchers and nature enthusiasts. Though Russias GDP contracted in 2020, it was a good year for the capitals mega-billionaires; its 10 wealthiest individuals all got richer, adding $72 billion to their collective fortunes. Almost as soon as the pandemic started, Parisians poured out of their close quarters onto the iconic Rue de Rivoli, the famed artery that intersects the heart of the capital, when it became off-limits to cars. Some of the major economic sectors in Luxembourg include manufacturing, insurance and banking, technology, and agriculture. The same went for closing off lesser-driven streets entirely for public walking and seating for local businesses in need of additional outdoor space. Search: The citys top 10 Outdoors ranking should improve after its renewal. 3. Approximately 6. Brownsburg. That spirit is something the Russians didnt know about, or didnt want to believe in. Take the immortal Anthony Bourdain: If Im in Rome for only 48 hours, I would consider it a sin against God to not eat cacio e pepe, the most uniquely Roman of pastas, in some crummy little joint where Romans eat.. This focus on research, medicine and tech is designed to open another front for Singaporeone that complements its financial dominance. Published by Statista Research Department , Aug 5, 2022. Beijing added 33 new billionaires as China bounced back quickly from its pandemic woes, skyrocketing from No. However, there is one more reason to be wary of accepting such economic prosperity at face value. Its an essential piece of infrastructure for a city that needs plentiful outdoor space, now more than ever. The torrent of new and renoed hotels in the city is also doubling down on outdoor spaces. Even though the society is western, there is a strong cultural identity among the Irish; and this is evidenced by their music, sports, dressing, and cultural celebrations. Overall, it looks like the wealth tides may be turning as China continues to progress economically and more billionaires become based in the East over the West. Activists united and asked artists to fill the street with their work instead, making it a destination. Other classics like the Baroque Clam-Gallas Palace in Old Town, are also newly reopened and eager to be admired. The political upheaval, combined with crushing pandemic public health measures, means the sharpest annual drop in population in 2022, down 1.6 percent according to a September 2022 Census and Statistics Department reportthe steepest decline since the government began tracking figures in 1961. 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. In 1900, many US centres of industry were in the top 100, including Baltimore, Chicago, Detroit, Pittsburgh and St Louis. The global reverence for the city has returned with international travel. See the future for yourself at Passeig de Sant Joan, recently named one of the worlds best streets by Time Out. Todays map uses data from Forbes to display the top 10 cities that house the most billionaires. The infra- structure year ends with JFKs Terminal 8 unveiling 130,000 square feet of new and renovated space. 20. Billionaires: 92UHNW Homeowners: 24,660Total net worth: US$424 billion, Billionaires: 71UHNW Homeowners: 14,235Total net worth: US$321 billion, Billionaires: 70UHNW Homeowners: [Unspecified]Total net worth: US$301.7 billion, Billionaires: 67UHNW Homeowners: 4,480Total net worth: US$218.2 billion, Billionaires: 56UHNW Homeowners: 14,485Total net worth: US$212.7 billion, Billionaires: 46UHNW Homeowners: [Unspecified]Total net worth: US$130.7 billion, Billionaires: 44UHNW Homeowners: 2,830Total net worth: US$220.2 billion, Billionaires: 38UHNW Homeowners: [Unspecified]Total net worth: US$149.3 billion, Billionaires: 31UHNW Homeowners: 5,250Total net worth: US$95.3 billion, Billionaires: 37UHNW Homeowners: 6,740Total net worth: US$90.7 billion, After stretching his legs with companies such as The Motley Fool and a marketing agency, Garry joined Boss Hunting in 2019 as a fully-fledged Content Specialist before being promoted to News Editor in 2021.