top 100 richest cities in the world 2020

Lets see which countries have the highest proportion of citizens invested in crypto: Topping the list is Slovenia, considered by some the most crypto-friendly nation in the world. Norway has a very developed society; infrastructure is well designed and maintained, and the government provides excellent social services for the people. Berlin also ranks #6 for Museums, a ranking that is set to ascend with the cascade of new openings and renovations this year. The Archduchy of Luxembourg is a constitutional Monarchy; and Archduke Henry is the King. 5. What part of the US population are millionaires? Still, the city has been deeply wounded economicallyby the pandemic, the lack of affordable housing and what many see as regulatory overreach. Fortunately, the suspension of travel for more than a year expedited the long-planned transformations of New Yorks international gateways. The protesterschanting Ukraine is Europe all the whilecelebrated their victory. Zhang Yiming, Beijings richest denizen and founder of social media sensation TikTok, doubled his net worth to $35.6 billion. Processed fish, raw aluminum and other raw materials also contribute immensely to the economy of the country. The list is limited to the top 50 companies, all of which except Elevance Health have annual revenues exceeding US$140 billion. 12. 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. We calculate a citys total score across these five indices, the table below shows the worlds 1000 most economically influential cities on our combined Cities Of Economic Influence Index. 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. New Yorks richest person and former mayor, Michael Bloomberg, is worth $59 billion. Luxembourg hosts many multinationals in the tech industry; chief among them being Skype and Amazon. Her administrations practical stewardship of a place (and citizens) often abandoned to the tourist euro is co-authoring a future of accountability by everyone who calls the magnetic Dutch capital home. This focus on research, medicine and tech is designed to open another front for Singaporeone that complements its financial dominance. The site of the grand Ming Dynasty Forbidden City has endured more lock-downs than most cities in our ranking, with the Chinese government keeping any return to normalcy elusive. Additionally, the efficient handling of COVID-19 has allowed the economy to get back on track much more quickly than other countries. America's 50 Wealthiest Towns City and Rank 1. 4. San Francisco doesnt just welcome differences, it celebrates them, ranking it #34 in our People category, including #9 for Educational Attainment among its citizenry. Shanghais other pandemic winners included pharmaceutical moguls Li Ge (up $5 billion) and Zhong Huijuan (up $5 billion), respective chairs of Wuxi Biologics and Hansoh Pharmaceutical. 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. Scarsdale, New York 3. According to the most recent United States Census, the most populous city in the United States is New York City. Madrid suffered greatly early on in the pandemic, when it was one of the planets hardest-hit capitals. The Indian mega-city recorded a gain of 10 billionaires. That spirit is something the Russians didnt know about, or didnt want to believe in. It is on the northeastern coast of the Arabian Peninsula, and its nearest neighbor is Saudi Arabia to the south, while the rest of the country surrounded by the Persian Gulf. 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. 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.". Singapores reinvestment in research, talent and corporate headquarters recruitment ensures it will be home to a sustainably wealthy citizenry for decades to come. Pandemic Recovery: Have BEACH Stocks Bounced Back? The Beverly Hills area consists of approximately 30 square miles and has an estimated population of 34,000 people and 26 billionaires, making it the city in America with the highest concentration of billionaires per capita. 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. The ubiquity of D.C. in dramas on screens small and large, combined with the shocking events of recent years, means were all thinking about Washington. Singapore is quite a small country; but one that is very attractive to people from all over the world. 6), Singapore (No. Cherry Hills Village, Colorado 5. 5. 3), Tokyo (No. 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 all of this culinary investment, the citys middling global #105 Restaurants ranking will surely improve. 5 to No. These seismic moves have dislodged the pandemic blockage for the global investment torrent into London. In detail, 144 billionaires . The first, at 11-21 Canal Reach, opened in early 2022 after a three-year build designed by Bennetts Associates with interiors by TP Bennett based on a concept design by Gehry Partners. Florence, Italy - 2.59% Millionaires 9. But for resilient New Yorkers, those attacks of course merely steeled their resolve for better days amid the death, protest and malaise. Washington, D.C.. As of March 4, 2023, Bernard Arnault had a net worth valued at $189 billion, making him the wealthiest person As of March 3, 2023, Gina Rinehart was the wealthiest person in Australia, with an estimated net worth of 29.2 As of March 3, 2023, Georg Stumpf was thewealthiest man in Austria, with an estimated net worth of 7.9 billion As of March 3, 2023, Jorge Paulo Lemann was thewealthiest man in Brazil, with an estimated net worth of 15.9 As of March 3, 2023, David Thomson was thewealthiest man in Canada, with an estimated net worth of 54.9 billion Africas Billionaires: Richest People In Africa, 2020, CEO Spotlight: How to Source Great Talent in a Tight Labor Market Joanna Riley, Best Universities For Doctor of Business Administration (DBA), 2022, Worlds Best Hospitality & Hotel Management Schools, 2022, 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. Those Paris heatwaves would certainly become more tolerable. 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. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'coalitionbrewing_com-leader-2','ezslot_12',153,'0','0'])};__ez_fad_position('div-gpt-ad-coalitionbrewing_com-leader-2-0');The worlds richest neighborhood is often contested, as wealth is distributed unevenly throughout the world. The top 10 richest cities in the world include: 1. Airport officials promise high-speed rail, inter-city services and downtown-to-airport express trains all stopping right beneath the terminal, making for quick connections to Beijings roiling downtown. Out of the top 100 richest people in the world, Mark is the youngest. Small wonder, then, that the city has never finished out of the Top 10 in our seven years of this ranking. 8. 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. 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. Appropriately, both have been extensively expanded during the pandemic and this UNESCO honor will only add much-needed magnetism to Madrids #15-ranked Sights & Landmarks. The United States has a land area of 3,796,742 sq mi, and 331 Million. The citys ascendant infrastructure is hot, too. 1. Not to worry, though, Kyivans are friendlyand happy to take their foreign friends to their favorite places. Of these, only Chicago made the list in 2020. 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). 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). Today, manifestations of this wealth and confident swagger are everywhere. 3 spot where billionaires live. Ma Huateng Net Worth. 5. The country is located on the eastern tip of the Arabian Peninsula, and has neighbors like Oman, Saudi Arabia, Qatar and Iran. The sometimes out-of-control nightlife (ranked #10 globally) and human trafficking that the city was known for (and, often, marketed as) was another opportunity to educate frustrated but powerless citizens, who were given copies of a free book exploring the citys role in the organization and management of the global slave trade from a local perspective and what they could do to help the fight. + - Leaflet | Tiles OpenMapTiles | Data OpenStreetMap contributors Income distibution for all U.S. cities The city is already in the top 10 in our Airport Connectivity subcategory. In some U.S. cities, however, more than half of all households earn $70,000-plus. $36 Billion. Plus, of course, a 42,000-square-foot rooftop park for what will likely be almost 10,000 employees in a few years. The Top 100 Companies of the World: Competition From China The biggest and most impressive competitor to the U.S. is China. What are the top 4 cities in US with most millionaires? Some of the most iconic landmarks in the world are located in New York City, including the Empire State Building, the Statue of Liberty, Times Square, Central Park, and more. 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. 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. The citys #10 Museum ranking will also get a boost from the Galataport investment, with the Istanbul Modern, the citys first contemporary art museum (designed by Renzo Piano), returning to its Karaky roots. Despite a turbulent year in the Empire State, New York City added 7 new billionaires. Macao is a city on a small peninsular adjoining China. According to this metric, the world's top 10 richest cities are: Contents [ hide] 10. The newest ranking of most economically powerful cities the world put together by the CEOWORLD magazine experts finds London to be the clear winner. Download the latest Worlds Best Cities Report for free. And, yes. Across the pond, London also counted 7 more billionaire residents, even though it dropped from No. 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. Minarets and church spires dot the bright skyline, while down at street level vendors plying their wares share the street with harried bankers and diplomats. Drop him a line at [emailprotected], 2023 Boss Hunting | All Rights Reserved. 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. Stepping in are tours focusing on the citys enviable livability and Dutch history. Michael Bloomberg (worth $59 billion) is still the citys wealthiest individual. To be included among the top 100 on this year's ranking, a zip code needed an average income of more . 4, respectively. As of 2020, the majority of US billionaires live these two cities, with 91 in New York and 76 in San Francisco, respectively. The total wealth is $123 billion. It is the largest urban economy on the planet. Rich men can be found in a variety of places, from exclusive luxury events to private country clubs. It had six in 1850, rising to 20 in 1950 before dropping to 11 in 2020 and 10 for 2035 projections. New York City If we're looking at cities in terms of total wealth, then the Big Apple leads the pack by a country mile. That bodes well for its current middle-of-the-pack score (#56) for Income Equality. With so many expected arrivals, NYC is certainly making sure everyone has a place to stay. Moscow, Russia is known as the City of Billionaires. 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. 6. Appropriately, Roma has also just opened the Garum museum (named after the fish sauce that ancient Romans got their umami hit from). Our pick? Berlin is a city where remnants of a fragile history mingle with a present in which being whatever you want just comes with residency. 20. These days, the city is welcoming waves of Ukrainians fleeing Russias invasion, just like it did for decadeswith mixed successfor new-comers seeking a new life from all over the world. 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. The demands quickly spread to broader human rights reforms targeting Chinas encroachment on the regionand, now, new security laws imposed by Beijing briefly cast a pall on Hong Kongs Safety ranking. Switzerland has a land area of 41,285 km2, and a population of 8,5 million. The US Dollar is also the currency most used for international transactions. Anna is part of the Panama Papers team, the author of several investigations into offshore companies belonging to former Ukrainian President Petro Poroshenko, and among the authors of the award-winning documentary Killing Pavel, about the murder of a well-known journalist in Kyiv. Download the latest Best Cities Reports for free. The sublime embrace of the city was shattered in April 2019 when Hong Kong citizens opposing a law to extradite criminal cases to China first took to the streets. What is the wealthiest city in the United States? Many of Moscows billionaires are involved in the oil and gas industry, as well as in retail, property development and manufacturing. Safe, gregarious and increasingly wealthy, the Celtic Tiger has never been fiercer, ranking #16 in GDP per Capita while simultaneously #27 for Income Equality. And this isn't a. And the city is doing everything in its power to bring back not only apprehensive New Yorkers whose hunger for regular bites of the Big Apple has for two years been sated instead by takeout or delivery and a scrolling thumb tic, but also the nearly 70 million people who visited in 2019 and invested $46 billion across its expansive quilt of Sights & Landmarks (ranked #13 globally). The Champs-lyses is next on the city leaderships list, set to be transformed for the Games into a massive garden, with vehicle access cut in half and millions of euros invested in pedestrian-focused amenities. And theres no clearer demonstration than when the worlds richest cities are broken down into raw numbers. 8. People from all over Ukraine streamed to their capital to stand against the corrupt regime of pro-Russian President Viktor Yanukovych. It is officially the Macao Special Administrative Region of the Peoples Republic of China. The metro areas of Washington, D.C., New York City and San Francisco's Bay Area naturally dominate the top spots. The jewel in the citys culinary crown is the $250-million RiverPoint, two blocks from Audi Field. One new city to make the top 10 list of billionaire cities was Hangzhou, the home of Jack Ma. All this is creating a looming housing crisis, which is why Mayor Halsema and other city leaders are aiming to get out ahead of it with the Haven-Stad (Port City) residential neighborhood that will eventually see up to 70,000 homes imagined as a metropolitan mixed-use area.. Pragues compact, walkable fairy-tale spirit is still found in century-old cobbled streets and (publicly accessible) hilltop Prague Castle, which has also emerged from lockdown with Salm Palace, which houses National Gallery exhibition spaces, fully renovated. With its cheaper real estate, thanks in part to an undiminished stock of towering Soviet-era apartment buildings, the left bank is home to many of 2023 Honorary Worlds Best City Kyivs families. We added hundreds of new lists - see our top 101 city lists. But new, even larger residential towers have sprung up over the last decade. 9. Brunei has a land area of 5,765 km2, and a population of 460,345. In addition, many of the wealthy choose to live and vacation in places such as the Caribbean, Hawaii, and other tropical islands. Job opportunities and infrastructure build-out pave the way as the world continues to rush in, despite the haters. Fortunately, were anticipating being back to 85 percent of 2019 levels within the year, said Chris Heywood, former executive vice president, global communications at NYC & Company, the destination marketing organization of the five boroughs. Let's take a closer look at where exactly the world's wealthiest cities are in 2020. Around 276,400 millionaires, 623 centimillionaires and 62 billionaires live in the San Francisco Bay area, which includes Silicon Valley. 5). For the last seven years, New York City has been home to more billionaires than any other city in the world. The methodology of calculating GDP may differ between the studies and are widely based . if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'coalitionbrewing_com-medrectangle-3','ezslot_3',146,'0','0'])};__ez_fad_position('div-gpt-ad-coalitionbrewing_com-medrectangle-3-0'); Most US billionaires live in the states of California and New York. That is, until recently, when over a few days in October, a wave of self-destructing Iranian-made drones launched by Russia started terrorizing the citys skies and killing citizens. The economy of Macao is boosted by the gambling industry; it is 7 times larger than Las Vegas, and draws in high-stakers from all over the world. Another, more disturbing metric of tech and foreign investment into the city? Sometimes the development leads to conflict. 4), and Moscow (No. That is, before the pandemic. 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. Luanda, Angola may not be among Africa's most well-known names however with $48 billion of wealth in the city, it ought to be. The result: raw, unabashed urbanity and self-expression that atrophied under pandemic restrictions for the past 30 months. 1 ranked NYC and No. Asias financial powerhouse turns its ambitions to elevated infrastructure and homegrown innovation. 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. 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. Wealthiest cities (amount in billions . 4. 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. 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. 3. The Big Apple is ahead of several popular cities, including Dubai (No. Earlier this year, two pop-up stores dedicated to the Netflix show Stranger Things added to the fun. Back on the ground, Moynihan Train Hall is a new 17-track expansion of Penn Station that, if you squint, can pass for a northern European transit hub from the future. 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. Newcomers include the Museo Ninfeo, which chronicles the ruins of a lets call it vacation property for Roman emperors. 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. 4. This is followed by Los Angeles with 52 billionaires, and San Francisco and Chicago, who each have 44 billionaires. For those who prefer their urban exploration outdoors, classics like the High Line and Central Park are joined by the citys newest green space, Little Island2.4 acres floating on the Hudson near the Meatpacking District on the site of an old pier. . This means that it is home to roughly 12. 8), Los Angeles (No. You obviously havent visited in a while. 4 million. The planets 11th-best Nightlife has had plenty of patrons looking to keep the party going this 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. There's a large gap between No. Education, employment, healthcare, security, and other indices show that the citizens of this country enjoy a very high standard of life. Kuwait (-4) will be the worst loser, followed by The Bahamas (-3) and Iceland (-3). 50 Richest Cities by GDP in 2020 Can you name the 50 richest cities in the world in 2020. 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. 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. Highlighted rankings: Restaurants (1), Shopping (1) "Despite the pandemic and subsequent derailment of Japan's plansor perhaps because of themthe Japanese government remains steadfast, keeping its target of 60 million visitors and $136 billion in tourism revenue by 2030. America is big, and diverse; it has 50 states, one federal territory, 326 Indian reservations which have some measure of sovereignty, as well as five unincorporated territories, and nine small, distant islands. Not surprisingly, the single biggest beneficiary was the City of Light.

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