top 100 richest cities in the world 2020 top 100 richest cities in the world 2020

All of that has changed, of course, with Frances removal of health measures earlier this year and tourism rushing back into the de-motorized streets, injecting much-needed revenues and, in some cases, exceeding pre-pandemic levels, according to government estimates. 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 year-old Kimpton St Honor is topped by a bucolic 3,200-square-foot terrace called Sequoia that serves up panoramic views of the iconic skyline. Hong. Yanukovych fled to Russia and Ukraine embarked on a democratic political transformation with an ambitious program to root out corruption. In 2014, the citys center was again the site of brutal violence. Ma Huateng Net Worth. New openings will ensure retail domination for the foreseeable future, like Kameido Clock near Kameido Station, home to 139 commercial tenants, including Tsutaya Books and Uniqlo, as well as green spaces for families. 8. The promise of high salaries draws global workers who fuel the citys ambition and ideas and drive its #31 ranking for Global 500 companies. Approximately 6. That has helped attract global talent that today ranks #27 for Educational Attainment worldwide while enjoying top-10 Income Equality. Luxembourg is a landlocked country; but that has not been a bad thing. Unsurprisingly, incumbent pillars of industry already using the area dont share the vision. There are hundreds of other rooms soon joining this increasingly daring culinary destination servingand welcoming the world once more. Infection flare-ups meant that tourist founts like France banned all citizen travel to the Barcelona region for most of last year and local sources estimate that almost 40 percent of the shuttered bars and restaurants may never reopen. Many of Moscows billionaires are involved in the oil and gas industry, as well as in retail, property development and manufacturing. Aggressive pursuit of out-door public spacesfrom downtowns new Salesforce Park, 70 feet above street level atop the roof of the Salesforce Transit Center, to the half-dozen parks, tunnels and spaces opening this year in the Presidio alonewas a clinic in opportunism. New York City is an exciting and dynamic place to live and explore, and is truly an international city. 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. Garry retains a blue belt in Brazilian Jiu-Jitsu; as well as a black belt in all things pop culture. Singapore has a land area of 733.1 km2, and a population of 5.4 million people. Speaking of restaurants, more than 50 have opened in 2022, with almost that many slated for 2023. adrids city leaders are also doubling down on modern reinvention focused on its citizenry. Berlin, Shanghai, Brussels, New Delhi, and Toronto round out the top ten. Richest Cities in the World. Top 30 Women-Friendly Travel Destinations In The World. 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. This means that it is home to roughly 12. 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 1800, Northern America had none of the world's 100 largest cities. Atherton, California Average household income: $525,324 2. 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). This graphic from Gilbert Fontana looks at crypto popularity amongst investors in the EU using data from the European Commissions Eurobarometer. 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. She has advised CEOs, investors, boards, and high-profile industry leaders on a wide range of issues impacting the global business landscape. In 2026, the anticipated Museum of the 20th Century will be one of Europes finest. The AURA Skypool, which is (of course) the worlds first and highest 360-degree infinity pool. The metro areas of Washington, D.C., New York City and San Francisco's Bay Area naturally dominate the top spots. Spains kinetic capitalsideswiped by the pandemicis back like never before, thanks to a people-powered rebirth. But life goes on. Beijing, China Beijing has a GDP of $351 billion, making it the seventh richest city globally. Qatars economy is heavily reliant on the oil industry; crude oil, as well as natural gas, and other by products of petroleum account for the bulk of the countrys exports. 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. Pulejo, named after native son Chef Davide Puleio, was one of the citys most anticipated openings this spring. McCordsville. 6. They often frequent places like golf courses, yacht clubs, flying clubs, art galleries, and high-end restaurants. Despite a real estate slump and Chinas growing interference in its political affairs, Hong Kong added nine billionaires, landing the former British colony at the No. The city also boasts numerous parks and recreation areas, providing ample outdoor activities for its citizens. Some cities have some obvious billionaires that come to mind. Pixabay . Recent tax incentives have included the lowest corporation tax rate among G7 countries and a cornucopia of research and development tax credits. 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.. The planets 11th-best Nightlife has had plenty of patrons looking to keep the party going this year. 1. San Francisco, California, United States The San Francisco metropolitan area has a GDP of $549 billion, making it the fourth richest city globally. How Quincy Became A Town Of Secret Coca-Cola Millionaires, Big Short Investor Michael Burry Bets $680 Million Against Tesla, Big Short Investor Michael Burry Doubles Down On Prediction Tesla Stock Could Plummet By 90%, Big Short Investor Michael Burry Is Now Betting Against Apple, Big Short Investor Michael Burry Predicts Were In For A Monster Multi-Year Recession, Big Short Investor Michael Burry Sounds The Alarm On Next Market Crash. And the big shows are back, too (with the odd COVID-related cancellation this past spring): Hugh Jackman returns for The Music Man; Sarah Jessica Parker and Matthew Broderick star in a revival of Neil Simons Plaza Suite even Daniel Craig in Macbeth. Los Altos Hills, California 6. 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.. With 14 companies of its own in the world's top 100, China accounted for $4.19 trillion or 13% of the top 100's total market cap value. Hangzhou added 21 billionaires, enough to overtake Singapore for the No. Many tech start-ups choose Luxembourg because of the ease of doing business, and because as a tax haven it offers a very good financial climate for business. Out of the top 100 richest people in the world, Mark is the youngest. Its neighbors are Malaysia and Indonesia. Some cities have some obvious billionaires that come to mind. Closer, an underground venue near the citys Muslim cemetery, gets rave reviews. Dubai is home to 13 billionaires, 202 centi-millionaires and around 68,000 millionaires, according to a new global study. Berlin also ranks #6 for Museums, a ranking that is set to ascend with the cascade of new openings and renovations this year. The United Arab Emirates is a country in the Western Asia. In fact 88 percent of Singaporeans own their homes. Generally speaking, it is believed that Atherton, California is the most expensive suburb in America. Switzerland is largely accepted as the capital of the worlds banking system; the financial services sector plays a big part in the economy. 1 ranked NYC and No. There is a distinction between wealth held by identifiable individual billionaires or a "nuclear family" and the wider notion of an extended family or a historical "dynasty," where the wealth of a . 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. Still, the city has been deeply wounded economicallyby the pandemic, the lack of affordable housing and what many see as regulatory overreach. 7) Barcelona (No. According to Forbes in 2020, Moscow currently has 83 billionaires, with a combined net worth of a whopping $314 billion. Still, the U.K. capital managed to add seven billionaires. 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. 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. Americas intriguing capital city has the worlds attentionand is working to keep it. This is a BETA experience. Hangzhou took over the tenth place from Singapore this year. And, yes, a new Terminal C should be open by the time you read this. San Francisco has seen an influx of millionaire households since 2013, with 185,000 households having over one million dollars in 2015. No, Dubai is not the richest city in the world. The storied capital is made for flneurs and entrepreneurs. Luxembourg hosts many multinationals in the tech industry; chief among them being Skype and Amazon. Not that the citys promotion engine was waning. Despite earthquakes, tsunamis and typhoons, Tokyo has long held on to its top spot as one of the safest metropolises on the planet. 8), Los Angeles (No. Now sitting at 698 billionaires, China is coming up on the 724 held by the United States. 6 despite adding 18 new billionaires. 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. What part of the US population are millionaires? New wealthy residents who can now afford to check off a big item on the multi-millionaire bucket list: property in the best city on the planet. The car top speed is put at 245 mph. Scarsdale, New York Average household income: $452,041 3.. New Yorks richest person and former mayor, Michael Bloomberg, is worth $59 billion. As of 2020, the majority of US billionaires live these two cities, with 91 in New York and 76 in San Francisco, respectively. New York landed number two globally and number one in the United States in the latest Worlds Best Cities 2020 by Resonance Consultancy. Other classics like the Baroque Clam-Gallas Palace in Old Town, are also newly reopened and eager to be admired. Michael Bloomberg (worth $59 billion) is still the citys wealthiest individual. 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. Cairo. 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. 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. Appropriately, Roma has also just opened the Garum museum (named after the fish sauce that ancient Romans got their umami hit from). The country has seen an e-commerce boom, not in the least thanks to the pandemic. Berlin, Shanghai, Brussels, New Delhi, and Toronto round out the top ten. A tent city in Independence Square remained through months of bitter cold and police brutality. It compares exposure to cryptocurrencies relative to stocks, funds, and bonds. The ancient gateway between Europe and Asia, the conservatism and liberalism that Istanbuls history built on radiates in every atom of Trkiyes kinetic capital. The richest countries in the world present one of the greatest ironies that analysts have had to contend with. But even with a vast rise in awareness, there are still discrepancies between the level of investment crypto receives amongst European Union nations. For example, Beverly Hills has a median housing price of $3. 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. These regions include cities in the United States such as New York, Los Angeles, and San Francisco, as well as London, the U. K. , Paris and other cities across Europe. 4. Other multinational companies from Switzerland include; Nestle, Rolex, The Swatch Group, Tetra Pak, and Mediterranean Shipping Company. Florence, Italy - 2.59% Millionaires 9. The nearby Trukhaniv Island offers more recreation, with bars, restaurants, beaches and concert venues frequented by some of the countrys most cutting-edge performersand showcases memorable views of the charming Podil neighborhood. 20. The proximity to a smoldering nightlife that doesnt infringe on sleeping families helps, too. Mortal enemy TikTok has prioritized London for years and just started a 15-year lease on an entire office block at Farringdon Crossrail station. Job opportunities and infrastructure build-out pave the way as the world continues to rush in, despite the haters. Can we talk about this year, then? That includes two of the top 10 firms by market cap, Tencent and Alibaba. London and Paris are the major and richest cities in Europe with a GDP of US$835 billion and US$822 billion respectively. It was this city-scale tragedy that first landed in the crosshairs of the sniping haters declaring that the big, vibrant, cheek-by-jowl city experiment was finally over. As early cases spiked, Gotham became the nations nightmarish coronavirus core. For the average person, there are plenty of activities to enjoy, from shopping and restaurants to world-class cultural venues, historic monuments and vibrant nightlife. Since then, chestnut leaves have become one of Kyivs most recognizable symbols: theyre on metro tokens and in the logos of independent coffee shops. Kyiv is a city of many faces. 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. Much of Switzerland is mountainous, and even many of places not officially listed as mountains have very high elevations. Singaporeans also enjoy one of the longest life expectancies, and lowest infant mortality rates in the world. 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. Mukesh Ambani, the worlds 10th richest person and chair of conglomerate Reliance Industries, doubled his net worth to nearly $85 billion. 3. Fortunately, tourism is returningslowly after 2021 saw three times the visitors from 2020, but if early numbers from 2022 are an indication, accelerating fast. 2), Paris (No. 1. 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. Citizens of Singapore enjoy a very high quality of life; education, healthcare, personal safety, infrastructure, quality of life, and housing are all rated very high. It had six in 1850, rising to 20 in 1950 before dropping to 11 in 2020 and 10 for 2035 projections. 5). That's according to data firm Wealth-X's latest report, "A Decade of Wealth.". Every year for our World's Best Awards survey, T+L asks readers to weigh in on travel experiences around the globe to share their opinions on the top cities, islands, cruise ships, spas . Top 100 City Lists Top 100 cities with highest median household income Top 100 cities with highest median household income Previous toplist Next toplist New! 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. In this regard, the Big Apple also sits on the throne with 24,660 individuals, followed by Los Angeles with 16,295, and London with a respectable 14,485. 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. 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. Revenues from overseas investment are added to domestic income to pay for these recurrent expenditures. The bottom 90% hold less than 25% of the total wealth. Singapore - 2.80% Millionaires 7. Companies are leaving for Austin and Florida as a result. The citys ascendant infrastructure is hot, too. Food and dining are also helping D.C. pursue equity with Market 7, a sprawling food hall touting Black- owned businesses. Generally, there are a few major regions around the world where many of the wealthiest people can be found. 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. 1040 Hamilton Street - Suite 306, Vancouver, BC V6B 2R9. 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. Ultimately, the most expensive suburb in America depends on factors such as location, property values, and demand, as well as other economic factors. Medical instruments also make up an important of the countrys yearly exports. Zhang Yiming, Founder of ByteDance, in Beijing, China. Moscow also offers a number of high-end luxury services, such as private jets and high-end shopping, which entice wealthy individuals from around the world to spend their money in the city. 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. All this happens in one of the planets safest cities. Wealth tends to gravitate toward wealth. Download the latest Worlds Best Cities Report for free. At a glance, this might suggest that citizens of stronger economies invest less in crypto. Newark Liberty Internationals updated Terminal A has opened with 33 new gates and construction will start later this year on a new, congestion-easing 2.5-mile elevated guideway train system. This is followed by Los Angeles with 52 billionaires, and San Francisco and Chicago, who each have 44 billionaires. Its 2020 Research, Innovation and Enterprise Plan aimed to duplicate Nordic and Israeli innovation and R&D, much of which will strengthen local universities. The city fell from great heights. 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.". But Angelenos are helping L.A. take flight once more. One new city to make the top 10 list of billionaire cities was Hangzhou, the home of Jack Ma. Todays map uses data from Forbes to display the top 10 cities that house the most billionaires. It booted out Singapore from the 10th spot. Norway has a great and storied history; and even today, it has one of the richest cultures in Europe. Despite a turbulent year in the Empire State, New York City added 7 new billionaires. For the second year since Bloomberg started to compile the Richest 100, the nation's top spot is Atherton, California. The newly renovated Miyashita Park boasts 90 boutique shops and restaurants, plus a new hotel with a view of the famed Shibuya district, complete with volleyball courts and a skatepark sprawling over 2.5 acres. Paris attacked the pandemic not only with its doctors and health-care workers, but also with its urban planners. More than half of the top 10 cities are located in Asia, providing evidence of the shift eastwards when it comes to seats of wealth. On the streets of Chicagos #24-ranked Sights & Landmarks, the pandemic looks to be in the rearview mirror. And, yes. The Eternal City has always been coveted. But for resilient New Yorkers, those attacks of course merely steeled their resolve for better days amid the death, protest and malaise. Factors included safety, weather, landmarks and attractions, diversity, culture, dining and economic prosperity. $36 Billion. Asia. 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. 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. Sant Joan is one of Spains first green corridors, designed for self- propelled mobility and exploration with its bicycle lanes, expansive sidewalks, greenery and sprawling outdoor seating. Upon completion, this green wall is projected to help absorb 175,000 tons of carbon dioxide per year, and mitigate heat generated by urban human activity. Drop him a line at [emailprotected], 2023 Boss Hunting | All Rights Reserved. Here are the top 10 richest places in the U.S., according to Bloomberg: 1. The town of six square miles is near Palo Alto, Stanford University. Beijing has unseated the Big Apple, and is now home to 100 billionaires. Madrid suffered greatly early on in the pandemic, when it was one of the planets hardest-hit capitals. Rich men can be found in a variety of places, from exclusive luxury events to private country clubs. Young kids playing and walking to school unattendeda pre-pandemic mind- bender for visitors to the worlds largest cityis a common sight once more after almost three years of lockdowns and intermittent school closures. Surprised to see a midsize European capital with a fading party rep ranked so high? Despite this, for the sixth consecutive year, New York City has retained its title for being the most prominent home to billionaires globally. Switzerland is also the capital of the worlds pharmaceutical industry; there are several multinational pharmaceutical companies located in Switzerland; and there is probably more priority information in the pharmaceutical industry in Switzerland than anywhere else in the world. It also has some of the most expensive real estate in the world and is often referred to as the richest street in the world. Five of the six Asian cities listed are all in China. Kuwait (-4) will be the worst loser, followed by The Bahamas (-3) and Iceland (-3). The Top 100 Companies of the World: Competition From China The biggest and most impressive competitor to the U.S. is China. Another, more disturbing metric of tech and foreign investment into the city? 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. Sometimes the development leads to conflict. And this isn't a. The planets only major city straddling two continents is going all in on capitalizing on its strategic location. The United Arab Emirates has a land area of 83,600 km2, and a population of 10 million. Wall Street is the driving force behind New York City's thriving economy, which is the biggest in the United States. 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. 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. 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. Half of the citys residents left. Singapore $105,689 4. Macao SAR will climb from 17th in 2020 to 9th in 2021. 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. Various lists of the richest families in the world (excluding royal families or autocratic ruling dynasties) are published internationally, by Forbes as well as other business magazines..