New York City, USA. Some of the major economic activities include; oil exploration, gold mining and refining, international trade, tourism, aviation, and retail commerce. And getting tourists (who numbered 22 million in 2019) away from the city center, to places like Amsterdam-Noord, accessible via a free five-minute ferry from Central Station, the citys main transport hub. 4. Investment Climate Score by the CEOWORLD magazine: Following our initial list, we also ranked cities based on the investment climate. + - Leaflet | Tiles OpenMapTiles | Data OpenStreetMap contributors Income distibution for all U.S. cities The economy of Norway is boosted by oil production; crude oil, refined petroleum, and petroleum gas make up a good portion of the countrys exports. Similarly, Londons Kensington & Chelsea area is known for its incredibly affluent population, complete with multi-million dollar homes and ultra-luxurious amenities. That bodes well for its current middle-of-the-pack score (#56) for Income Equality. Kyivs cheap and efficient subway makes it easy for left bank denizens to make their way across the river to the heart of their capital. 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. A Division of NBC Universal. 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. Wealthiest cities . 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. The city has also moved forward with aggressive car traffic restrictions as part of the mayors superblock initiative, replacing parking and roads with playgrounds and public seating. San Francisco has seen an influx of millionaire households since 2013, with 185,000 households having over one million dollars in 2015. We ranked the 100 global cities for which all five measures were available and then averaged those rankings together to make a composite score. According to Forbes in 2020, Moscow currently has 83 billionaires, with a combined net worth of a whopping $314 billion. In our recent ranking of the best-performing cities, we used five measures of economic health. 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. Revenues from overseas investment are added to domestic income to pay for these recurrent expenditures. People and Political (political and demographic influence) Yor. Also notable is the Grand Duchy of Luxembourg, which despite having a small population of 640,000 also has a strong reputation as a global financial hub. New York's richest person and former mayor, Michael Bloomberg, is worth $59 billion. The manufacturing industry is boosted by the production of drugs, vaccines, and other pharmaceutical products. Ireland has a land area of 84,421 km2, and a population of about 7 million. She oversees and coordinates coverage of the news and ideas in partnership with writers across the continent. And, yes, a new Terminal C should be open by the time you read this. London endured a difficult 2020 as Brexit and Covid-19 battered the citys economy. If the 21st century belongs to China (Narrator: It does), Beijing will be the place to watch its rise. And, as of a few months ago, dive into the worlds deepest swimming pool (for diving), as certified by Guinness World Records (which, if it hasnt already, should really just relocate permanently to this place solely dedicated to rewriting it). This focus on research, medicine and tech is designed to open another front for Singaporeone that complements its financial dominance. When it comes to crypto, 14% of the population owns or has owned the asset, relative to 36% for stocks, bonds, or funds. America Rich List: Richest Billionaires In The United States. But as is usually the case with such things, the richest counties in the U.S.. With the reduced car traffic, this is now Pariss town square (in a city with dozens of historic spots worthy of the honor). 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. 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). BUGATTI VEYRON LIMITED EDITION BY MANSORY VIVERE. Madrid suffered greatly early on in the pandemic, when it was one of the planets hardest-hit capitals. 6 and No. A dozen other museums and cultural landmarks have also just reopened or have been unveiled for the first time, even in a city where you cant walk a block without running into a millennia-old something. The Archduchy of Luxembourg is a constitutional Monarchy; and Archduke Henry is the King. Heres how the nations at or below the 10% crypto-investment threshold rank: At the bottom of crypto interest are France, Germany and Italy, also the EUs largest economies. 4), and Moscow (No. Associated with national wealth is the human development index, which measures the quality of life of the larger population of any country. Pundits around the world predicted the citys imminent fall. Barcelona responded with some of the strictest vacation rental restrictions anywhere, aimed at controlling the effects of runaway tourismlike real estate investors who snatch up apartments only to rent them on Airbnb, depleting an already limited supply. The city also elected mayor Ada Colau on a Barcelona-for-citizens platform. Speaking of the Met, just last year New Yorks 152-year-old cultural institution (housing 1.5 million objects and hosting seven million visitors in a non-pandemic year) announced a $500-million reno of its modern and contemporary wing. Keep reading to find out more about the richest cities in the U.S. 1 Southlake, Texas Median household income: $240,248 A suburb of Dallas/Fort Worth, Southlake had an estimated population of 31,292 people as of 2019, with 69.7 percent of adults holding at least a bachelor's degree. But should you wish to, there are plenty of places to stay. Landscape Alley, a place featuring breathtaking views and many works of modern art and sculpture in the open air, was threatened by development plans to fill this historic area with expensive high-rise buildings. In addition to running the companys website, CEOWORLD magazine, which aims to help CEOs, CFOs, CIOs, and other C-level executives get smarter about how they earn, save and spend their money, she also sits on the Board of Directors of the Global Business Policy Institute. The ancient gateway between Europe and Asia, the conservatism and liberalism that Istanbuls history built on radiates in every atom of Trkiyes kinetic capital. 2. Asias financial powerhouse turns its ambitions to elevated infrastructure and homegrown innovation. By absolute number, New York is well ahead of any other city, with a total UHNW footprint approaching 25,000 individuals. There are hundreds of other rooms soon joining this increasingly daring culinary destination servingand welcoming the world once more. Los Angeles was home to approximately 217,000 households in 2015 with over one million dollars in adjusted gross income, making it the second largest city in the country with the most millionaires. There are also more remote locales such as the French Riviera, and Monaco, which are popular with the wealthy, particularly those who like to remain private. The largest regional economy in the US ranks first, both for the number of UHNW individuals by primary residence and those with second homes., This reflects New Yorks status as a global centre for finance and commerce that offers a rich blend of cultural and luxury lifestyle opportunities, high-quality education, and prime real estate.. 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. Some cities have some obvious billionaires that come to mind. 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. The worlds richest street is Wall Street in New York City, the financial center of the United States and the global economy. Likewise, the Burj Khalifas time in the sun may be nearing an end: Santiago Calatravas Tower at Dubai Creek will eclipse the skyscraper as the tallest building in the world when completed in the next few years. The country also has the largest capital reserve per capita of any nation in the world. 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. Fortunately, the suspension of travel for more than a year expedited the long-planned transformations of New Yorks international gateways. Its 2020 Research, Innovation and Enterprise Plan aimed to duplicate Nordic and Israeli innovation and R&D, much of which will strengthen local universities. It is the largest urban economy on the planet. 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. This graphic from Gilbert Fontana looks at crypto popularity amongst investors in the EU using data from the European Commissions Eurobarometer. In the United States, some of the wealthiest neighborhoods tend to be located along the West Coast, with locations like Beverly Hills, California considered to be the wealthiest zip code in the country with a median home price of more than $7 million. So which city came out on top? Atlanta (USA) The last on our list of the richest cities in the world in 2018 by GDP per capita is Atlanta. 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. Those Paris heatwaves would certainly become more tolerable. 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 citys ascendant infrastructure is hot, too. All Rights Reserved. Generally, there are a few major regions around the world where many of the wealthiest people can be found. 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. It is, however, worth pointing out that neither studies may be completely accurate due to how the 1% like to place certain addresses as their primary residence for tax purposes. Within the European Unionone of the regions dealing with faster crypto adoptionattitudes towards investing can vary considerably. Heres a breakdown of the top 10 billionaire capitals and the collective net worth of all the ultra wealthy that live there. And speaking of Notre Dame, its reopening in 2024 aligns with what will be a vital year for the city, when it also hosts the 2024 Olympic Summer Games, with many events integrated right into the revered urban fabric. With a net worth of nearly $69 billion, Zhong Shanshan became Hangzhous wealthiest personand the 13th richest in the worldfollowing the September 2020 IPO of his bottled water company Nongfu Spring. Ma Huateng Net Worth. The answer to where the super rich live varies widely depending on their individual preferences and tastes. New York City, New York, United States - With a nominal GDP . Meanwhile, wealth creation in Japan "has been hampered by sluggish economic growth, exchange-rate effects and aging demographics.". Paris attacked the pandemic not only with its doctors and health-care workers, but also with its urban planners. According to Forbes Real-Time Billionaires Rankings, as of February 2020, New York City is the American city with the most billionaires, with 82 billionaires. Financial Clout (strength of a citys finance and banking industries) As it returns, the city is making deliberate and long-lasting decisions to ensure its #4-ranked Museums (ahead of places like New York) and #3-ranked Attractions (trailing only London and Tokyo) remain accessible to the citizens who kept them going when tourism didnt. There is also a 5% value-added tax. The futuristic metropolis is tapping its ancient feudal roots by investing in street-level livability and resident well-beingin the wake of the Olympics. Showing 1 to 10 of 33 entries 1 2 Richest Cities in the World. Singapore delivers it all post-pandemic, ranking #4 for Safety and within the top 25 for Outdoors, set to ascend with the 10th-anniversary additions to the citys Gardens by the Bay, starting with the Active Garden, a new 2.5-acre purpose-built green space for people of all generations to connect with one another through physical, social and learning activities. On the other side, historic Podil is home to more parks, small squares and hidden murals and courtyards. Shanghai remained at No. (Photo . Since then, chestnut leaves have become one of Kyivs most recognizable symbols: theyre on metro tokens and in the logos of independent coffee shops. What episode does Squidward say the F word. Those after something more modern might try 100 Rokiv, an innovative restaurant that serves traditional Ukrainian borscht alongside more daring inventions, like a dish of edible bees with acacia honey, black pepper and berry sauce. Fortunately the city is almost back to pre-pandemic capacity, if the tube is any indication. Asia. The New York Stock Exchange is the largest stock exchange in the world by market capitalization of the listed companies; this is because the United States is bustling with publicly traded companies in all sectors, also creating wealth with an immense amount of jobs. Li Ka-shing, the retired investing legend, added $12 billion to his fortune, becoming the port citys wealthiest resident. However, last year marked a monumental shift in the status quo. The newest ranking of most economically powerful cities the world put together by the CEOWORLD magazine experts finds London to be the clear winner. The colony was only just returned back to China in 1999. 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. China retains its title as the country with the most cities in the top 10, with Shenzhen moving up one spot to No. Can we talk about this year, then? But the city has bounced back on its feet deftly, continuing a much-needed investment in its bounteous (but long-dormant) infrastructure and public assets that is fueling the Spanish capitals city-building legacy like few eras before. Not surprisingly, this care for others and willingness for locals to do the work is represented by the citys top three ranking for Income Equality, and top five for Labor Force Participation. Of course the citys Safdie Architects-designed $1.7-billion Jewel Changi Airport, opened in 2019 a few months before lockdowns, is also worthy of a few hours of exploration. It had six in 1850, rising to 20 in 1950 before dropping to 11 in 2020 and 10 for 2035 projections. The top ten richest cities in the United States are: Atherton, CA ($450,696) Scarsdale, NY ($417,335) Cherry Hills Village, CO ($394,259) Los Altos Hills, CA ($386,174) Hillsborough, CA ($373,128) Short Hills, NJ ($367,491) Highland Park, TX ($358,994) Darien, CT ($341,090) Bronxville, NY ($340,448) Glencoe, IL ($339,883) Amsterdam, the Netherlands - 2.63% Millionaires 8. You obviously havent visited in a while. It compares exposure to cryptocurrencies relative to stocks, funds, and bonds. It has the worlds tallest tower, the Burj Khalifa, and one of the largest aquarium tanks anywhere. Those delayed Olympics went on, of course, despite a tourism ban and local crowds not allowed to watch the live events. The Indian mega-city recorded a gain of 10 billionaires. View Study. According to the Financial Times, major new applicants to the distribution network including housing developments, commercial premises and industrial activities will have to wait several years to receive new electricity connections.. Romes #7 Museums ranking will rise as a result. 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 Which Countries are Buying Russian Fossil Fuels? In addition to being the most populous city in the United States, it is also one of the most important and influential global cities, with an estimated GDP of over 1. After dipping amid last years scramble to host the 2021 Summer Olympic Games, the city remains incredibly safe, ranking #4 in our Safety subcategory. Ultsan $80,058 5. 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. Macao has a society that is multi-ethnic; 88.4% of its population is Han Chinese, 4.6% Filipino, 2.4% Vietnamese, 1.7% Portuguese, and 2.8% is made up of other nationalities. Brunei also provides a lot of social cover to its citizens; the government provides for all medical services, as well as provides subsidies for rice and housing. Its neighbors are Canada and Mexico. And, yes. Thats one more billionaire than the 99 living in New York City. L.A. One of these is the Kyiv Pechersk Lavra, a beautiful complex of church buildings on a hill. 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). Moscow also added nine billionaires last year, even as the city slipped to No. Check out the world's richest cities for 2020 below. 34. The United Arab Emirates is one of the richest countries in the world because there has been deliberate effort to diversify the economy, and to improve the quality of life of its citizens. More than 9,000 new hotel rooms have either opened or will be coming online this year, including the already opened (and headline grabbing) Aman New York, an urban sanctuary on Fifth Avenue. As of 2020, there is an estimated $3 trillion worth of assets and capital in the city. Five of the six Asian cities listed are all in China. With a population of over 12 million people, it is home to the largest number of billionaires in the world. 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. Beijings wealthiest newcomer is 34-year-old Wang Ning, whose booming toy business Pop Mart went public in Hong Kong in December 2020. 7) Barcelona (No. Wealth tends to gravitate toward wealth. It is the home to many of the largest financial companies and institutions, as well as major financial media outlets like the Wall Street Journal. And its not just household names setting up shop in the Irish capital. 1. And speaking of The Wharf, phase two of the massive Southwest Waterfront development is scheduled to open any month now. Cyprus also ranks high in its crypto-friendly rank and hits an investment figure of 13%. It booted out Singapore from the 10th spot. For the first time in seven years, the Big Apple lost its No. Westfield. Almost three years without Paris certainly drove the voraciousness, but so did the euro being on par with the U.S. dollar for most of 2022. Meetings and conventions of all sizes are back and the citys quiet productivity is humming again with the 19th-most Global 500 headquarters on the planet and renewed investment in Americas long-reigning Midwest economic powerhouse. According to this metric, the world's top 10 richest cities are: Contents [ hide] 10. Macau $135,120 3. 2. 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. With all of this culinary investment, the citys middling global #105 Restaurants ranking will surely improve. It is also one of the most culturally diverse nations on earth, its demographics being; 61.6% White, 12.4% Black, 6% Asian, 1.1% Native American, 0.2% Pacific Islander, 10.2% Multiracial, and other ethnic identities make up 8.4% of the population. This isnt the first time Kyiv has sprung back to life. And no wonder the city was dealing with 12 million tourists annually, almost double its entire regional population. 5. 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. Nplavka, with its former ice-storage spaces ensconced in the rivers retaining walls, was reborn during the pandemic as a vibrant urban market and series of pop-up bars. Scarsdale, New York Average household income: $452,041 3.. A bientt mes amis. These 20 people have more money than the GDP of all but 12 countries in the world. CEOWORLD magazine - Top Stories - Stats Gate - Most economically influential cities in the world, 2020. 10 spot. Mindy Wright is CEOWORLD magazine's Deputy Commissioning Editor, and leads global newsroom coverage and management. The two cities flip-flopped as the leading city for wealthy individuals in the early 2000s, but since 2012, "the gap between the two has widened steadily," says the report, which looks at how global wealth has changed over the past 10 years. In a ranking of the cities worldwide with the most number of millionaires . This list is incomplete, as not all companies . Luxembourg GDP Per Capita: $140,694 Luxembourg is a country in Europe which most people cannot even find on a map; but it is the richest country in the world by GDP figures. Not to worry, though, Kyivans are friendlyand happy to take their foreign friends to their favorite places. Interestingly, the top 100 cities generate roughly half of the globes total economic output and the top twenty-five accounts for more than 30 percent of global economic production. But the city has bounced back on its feet deftly, continuing a much-needed investment in its bounteous (but long-dormant) infrastructure and public assets that is fueling the Spanish capitals city-building legacy like few eras before. 6), Singapore (No. Not that the citys promotion engine was waning. 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).