But as public health measures ease (and the sun comes out), the entire city is back gathering outdoors, in the parks, the beer gardens and, increasingly, in street parties and parades. Details on the top 10 wealthiest countries in the world. 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. Among the top 50 economies having the highest gdp per capita, Macao SAR . Airbnbs three cofounders now rank among the citys top 5 wealthiest, following their companys December 2020 IPO. Capella Ubud, Bali, Indonesia. The total wealth is $118 billion. Chicago, Illinois, United States With a GDP of $383 billion, Chicago is the sixth richest city in the world. Come for the prosperity, stay for the mind-boggling urban infrastructure build-out. But as is usually the case with such things, the richest counties in the U.S.. 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. 10. Four of the Chinese cities on the list also had the biggest billionaire growth in 2020. Perhaps the biggest news is Madrids beautiful measures to combat climate change and pollution, by way of a 47-mile urban forest network with nearly half-a-million new trees that will connect the citys existing forest masses and reuse derelict sites between roads and buildings. 5. 2. 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 Hong. 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. United Arab Emirates is multi-ethnic society; the demographic is broken down into 35.0% Indian, 15.0% Emirati, 10.7% Bangladeshi, 9.7% Pakistani, 2.0% Yemeni, 8.8% Egyptian, 5.5% Filipino, 3.2% Sri Lankans, 3.1% Indonesian, 1.6% Jordanian, while 7.8% is a mix of other unspecified minorities. The manufacturing industry is boosted by the production of drugs, vaccines, and other pharmaceutical products. Shenzhens net gain of 24 billionaires was second only to Beijing. Extending almost a mile along the Bosporus near the citys long-coveted Karaky district, the $1.7-billion project boasts the planets first-ever underground cruise terminalessentially a mini tourist city where those coming and going can shop and eat. 4 million. Moscow, the capital of Russia, ranks seventh on the list of the world's richest cities. But life goes on. 4), and Moscow (No. It is also the most important currency for government reserves in the world. 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. 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Since then, chestnut leaves have become one of Kyivs most recognizable symbols: theyre on metro tokens and in the logos of independent coffee shops. 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. It builds on the human capital of the citizenry, already in the top five in our GDP per Capita subcategory. At a glance, this might suggest that citizens of stronger economies invest less in crypto. 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. Shanghai remained at No. CEOWORLD magazine - Top Stories - Stats Gate - Most economically influential cities in the world, 2020. The planets only major city straddling two continents is going all in on capitalizing on its strategic location. 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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. The Big Apple is ahead of several popular cities, including Dubai (No. (adsbygoogle = window.adsbygoogle || []).push({}); Sorry, New York: London is the most economically influential city in the world for 2020, with an overall score of 85.49. Its already helped the city get into our top 50 Airport Connectivity ranking. In regards to the countries with lower levels of crypto investment, one observation is that they tend to be wealthier and more developed EU nations. 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. Garry retains a blue belt in Brazilian Jiu-Jitsu; as well as a black belt in all things pop culture. She can be reached on email. 4 to No. 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. Madrids #13 ranking in our Place category is well-earned and will only improve in the future, given long overdue big-budget projects, like making the central Gran Va boulevard far more pedestrian friendly. Looking further at the cities billionaires live in, the two cities with the most billionaires are New York City and San Francisco. She specializes in covering high-scale corruption, money laundering and other crimes. 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. 4. An 85-year Harvard study found the No. 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. It has a land area of 32.9 km2, and a population of 680,000, making it the most densely populated region in the world. 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. With so many expected arrivals, NYC is certainly making sure everyone has a place to stay. The country is landlocked; some of its neighbors are Italy, France, Germany, Austria and Liechtenstein. Beautiful panoramic view of Paris from the roof of the Triumphal Arch Dubai is home to 13 billionaires, 202 centi-millionaires and around 68,000 millionaires, according to a new global study. Scarsdale, New York Average household income: $452,041 3.. 1. Now sitting at 698 billionaires, China is coming up on the 724 held by the United States. London, United Kingdom London has the highest GDP among all cities in Europe, and its GDP is estimated at $732 billion, making it the second richest city in the world. 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. Like most things here, you have to see it to believe it. The global reverence for the city has returned with international travel. Macao was formerly a Portuguese colony; in 1557 the Ming Dynasty leased the area to Portuguese who used it as a trading post. Qatar is a multi- ethnic society; the countrys demographic is 40% Arab, 36% South Asian, (of which 18% is Pakistani, and 18% is Indian), 10% Iranian. To ensure cars didnt take back control of Paris streets as pandemic urban pilot projects wanedas was the case in many other citiesMayor Hidalgo legislated that the 60,000 parking spots loaned to restaurants for outdoor seating simply remained. Its why the city always ranks high in our Sights & Landmarks subcategory (#11 this year, just behind Barcelona). 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. The promise of high salaries draws global workers who fuel the citys ambition and ideas and drive its #31 ranking for Global 500 companies. While the face of Pariss pandemic evolution is Mayor Anne Hidalgo and her aggressive empowerment of self-propelled mobilityfrom a city-wide speed limit of 30 km/h introduced last year to the obsessive addition of bike paths, with the promise of 745 miles by 2026 across most arrondissementsits the citizenrys embrace of this boldness that is changing the citys fabric for good. 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. 2023 could be the year you tick Christmas in New York City off your bucket list. Similarly, Londons Kensington & Chelsea area is known for its incredibly affluent population, complete with multi-million dollar homes and ultra-luxurious amenities. Often referred to as the financial capital of the world, Wall Street is home to the largest stock exchanges in the world, the New York Stock Exchange and the NASDAQ. Bruneis economy is heavily dependent on oil revenues; the countrys major exports are petroleum gas, and crude oil. 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.. Stepping in are tours focusing on the citys enviable livability and Dutch history. Courtesy of Capella Hotels & Resorts. The greatest city in Americalauded and crowned in our rankings for the past seven years and in countless others for many morewas a ghastly reminder during the pandemic of the vulnerability of even the colossal and seemingly all-powerful; we saw here what awaited the rest of the country. Anna Babinets is the editor-in-chief of Slidstvo.Info, an investigative outlet based in Kyiv, and a regional editor of the Organized Crime and Corruption Reporting Project. Paris, France Paris is the tenth richest city in the world with a GDP of $212 billion. The country also has the largest capital reserve per capita of any nation in the world. We added hundreds of new lists - see our top 101 city lists. It occupies 1.3 square miles in the center of the city, and Paseo del Prado, which includes a promenade for pedestrians, runs parallel to it, connecting the heart of the nations art world, flanked by the Prado Museum, with the Thyssen-Bornemisza National Museum and the Reina Sofa art center. No wonder it ranks #2 globally for Google searches. 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. But, given the past few months, have citizens even noticed? 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. Chef Domenico Boschi riffs on classics of the Roman culinary empire (think artichoke and cod). if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'coalitionbrewing_com-large-mobile-banner-1','ezslot_10',152,'0','0'])};__ez_fad_position('div-gpt-ad-coalitionbrewing_com-large-mobile-banner-1-0');Additionally, they may enjoy attending concerts, theater, operas, and the like, as well as luxury spas, resorts, and vacations. 3. 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. Out of the top 30, he's the youngest by more than a decade. This is followed by Los Angeles with 52 billionaires, and San Francisco and Chicago, who each have 44 billionaires. The planets 11th-best Nightlife has had plenty of patrons looking to keep the party going this year. Its 2020 Research, Innovation and Enterprise Plan aimed to duplicate Nordic and Israeli innovation and R&D, much of which will strengthen local universities. Noord has become a sort of second downtown, with factories that once produced cargo ships today housing daring kitchens, some of Europes coolest galleries and hungry tech start-ups eager to draw talent with a buzzy address. It is officially the Macao Special Administrative Region of the Peoples Republic of China. Founded as a cave monastery in the 11th century, the complex is older than the city of Moscow. According to this metric, the world's top 10 richest cities are: Contents [ hide] 10. These are the worlds 100 best-performing cities for 2020 with their investment climate score by the CEOWORLD magazine. 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. Of these, only Chicago made the list in 2020. 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). She can be reached on email. Hillsborough, California 4. The colonial spirits that still haunt the place, the forest of skyscrapers seen on a hike to Pok Fu Lam Reservoir, the sounds, smells and tastes from the dai pai dong (open-air food stalls) of Temple Street Night Market and the citys electric pulse all captivate visitors and locals alike. Paris is fourth with 81.65 points, narrowly besting Singapore, which has 80.66. London took the first place, followed by New York (No. In Madrid, it starts with focusing on existing assets and the conviction that everything old can be new again. 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.. The town of six square miles is near Palo Alto, Stanford University. Pundits around the world predicted the citys imminent fall. Luxembourg hosts many multinationals in the tech industry; chief among them being Skype and Amazon. Despite a turbulent year in the Empire State, New York City added 7 new billionaires. But Angelenos are helping L.A. take flight once more. 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. Ranked: The Worlds Most and Least Powerful Passports in 2023, Ranked: Americas Best Places to Work in 2023, Charted: Teslas Unrivaled Profit Margins, Ranked: The Top Online Music Services in the U.S. by Monthly Users. New York landed number two globally and number one in the United States in the latest Worlds Best Cities 2020 by Resonance Consultancy. After dinner comes dancing, with electronic music particularly big here in recent years. So lets dig into some of the highlights of the dozens of rising phoenixes of the citys culinary scene after so many restaurants shuttered over the past two years. 9), and Rome (No. The worlds richest street is Wall Street in New York City, the financial center of the United States and the global economy. Located in San Mateo County, Atherton had a population of 7,218 as of the 2020 census and a median home price of $7. 8), Los Angeles (No. Singapore was once a territory of the United Kingdom, and today there are still many ancestral Britons among its multi-ethnic society. 1 ranking as Beijing recorded a net gain of 33 new billionaires. Competitiveness (business activity, human capital, cultural experience, and political engagement). 6% of US households are millionaires. The richest among them is French businesswoman Franoise Bettencourt Meyers, the. Loudoun County is the richest county in the USA, with an estimated average household income of $ 117,876. What returning visitors find is a city that has codified pedestrianism and alfresco living. Luxembourg is a landlocked country; but that has not been a bad thing. 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. The Big Apples newcomers include Long Island native Boris Jordan, founder of cannabis distributor Curaleaf, as well as Alexis L-Quc and Olivier Pomel, cofounders of cloud monitoring firm Datadog. These days, the bounty is an immersive step back in time. According to a study conducted by Wealth-X in 2019, the wealthiest city in the world is New York City, followed by London, San Francisco, and Tokyo. Fortune 500 companies include Discovery Communications, Fannie Mae, Walmart and CACI International among others. 9), and Rome (No. 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! Check out the worlds richest cities for 2020 below. 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. Speaking of restaurants, more than 50 have opened in 2022, with almost that many slated for 2023. Despite earthquakes, tsunamis and typhoons, Tokyo has long held on to its top spot as one of the safest metropolises on the planet. Plus, of course, a 42,000-square-foot rooftop park for what will likely be almost 10,000 employees in a few years. Rich men can be found in a variety of places, from exclusive luxury events to private country clubs. Berlin is a city where remnants of a fragile history mingle with a present in which being whatever you want just comes with residency. For the second year since Bloomberg started to compile the Richest 100, the nation's top spot is Atherton, California. Here are the 10 leading cities for the wealthy for 2019. Earlier this year, two pop-up stores dedicated to the Netflix show Stranger Things added to the fun. The ancient gateway between Europe and Asia, the conservatism and liberalism that Istanbuls history built on radiates in every atom of Trkiyes kinetic capital. 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. Even when theyre not actively participating in a given activity, they can often be spotted in the audience or patronizing businesses. An electricity shortage, specifically pressure on the grid in West London, made worse by energy-sucking data centers being built along the M4 corridor in the past few years. Here are the 10 leading cities for the wealthy for 2019. 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. Berlin, Shanghai, Brussels, New Delhi, and Toronto round out the top ten. 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.. 6. 3. 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. (adsbygoogle = window.adsbygoogle || []).push({}); New York City is one of the ten best cities in the world, according to a new ranking. Asia. After falling to second place, NYC billionaires can take solace in their cumulative net worth remaining $80 billion greater than Beijing billionaires. 10 (bumping the city-state of Singapore from the list), while Shanghai held firm at No. 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.. But new, even larger residential towers have sprung up over the last decade. 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. Brunei is located on the north coast of the island of Borneo; it is almost completely surrounded by the Malaysian state of Sarawak; but it has a coast meeting the South China Sea. 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). Brunei is a country in Southeast Asia. Education, employment, healthcare, security, and other indices show that the citizens of this country enjoy a very high standard of life. Image Source. Americas great Midwest metropolis has an abundance of programming and culture, with the deep infrastructure and affordability that eludes many other cities. 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. This focus on research, medicine and tech is designed to open another front for Singaporeone that complements its financial dominance. 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. For the last seven years, New York City has been home to more billionaires than any other city in the world. 8), Los Angeles (No. Dubai, though a wealthy city in its own right, falls behind these bigger cities in the overall rankings. 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. Singapore is an island country in Southeast Asia. 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.