top 100 richest cities in the world 2020
2), Paris (No. New York is a reasonably close second, with 83.49 points, Tokyo, which has the worlds largest metro economy, is third with 82.59 points. Singapore - 2.80% Millionaires 7. What theyll find is more non-vehicular access to the city. People from all over Ukraine streamed to their capital to stand against the corrupt regime of pro-Russian President Viktor Yanukovych. These 20 people have more money than the GDP of all but 12 countries in the world. Pundits around the world predicted the citys imminent fall. And getting to the citys #10-ranked Sights & Landmarks by bike or foot will also help visitors discover more of its streets. 4. The same went for closing off lesser-driven streets entirely for public walking and seating for local businesses in need of additional outdoor space. 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. 2. The planets only major city straddling two continents is going all in on capitalizing on its strategic location. New York Billionaires: 92 UHNW Homeowners: 24,660 Total net worth: US$424 billion 2. 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 jewel in the citys culinary crown is the $250-million RiverPoint, two blocks from Audi Field. In Madrid, it starts with focusing on existing assets and the conviction that everything old can be new again. Nowhere is the transformation more dramatic than along the River Seine in the heart of Pariss tourist district, near Notre Dame Cathedral and city hall itself. 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. 6. There's a large gap between No. Associated with national wealth is the human development index, which measures the quality of life of the larger population of any country. The report from the Commission on Audit was based on the total assets of the cities, not their locally sourced revenues. 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. The smallest city in our Top 50 is a tiny but mighty dynamo to keep an eye on, led by visionary mayor Femke Halsema (literally: shes also a filmmaker), the first non-interim female mayor in the citys history. That has helped attract global talent that today ranks #27 for Educational Attainment worldwide while enjoying top-10 Income Equality. Plus, of course, a 42,000-square-foot rooftop park for what will likely be almost 10,000 employees in a few years. 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. Located in San Mateo County, Atherton had a population of 7,218 as of the 2020 census and a median home price of $7. The country is landlocked; some of its neighbors are Italy, France, Germany, Austria and Liechtenstein. 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. Still, the U.K. capital managed to add seven billionaires. 6 despite adding 18 new billionaires. Small wonder, then, that the city has never finished out of the Top 10 in our seven years of this ranking. However, its important to note that the countries with higher levels of crypto investment tend to have lower levels of wealth on average. It depends on what is meant by rich. Americas great Midwest metropolis has an abundance of programming and culture, with the deep infrastructure and affordability that eludes many other cities. 20. 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. Quality of Life (productivity, infrastructure, quality of life, equity and social inclusion and environmental sustainability) The metro areas of Washington, D.C., New York City and San Francisco's Bay Area naturally dominate the top spots. Amsterdam, the Netherlands - 2.63% Millionaires 8. 6. The list is limited to the top 50 companies, all of which except Elevance Health have annual revenues exceeding US$140 billion. 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. Florence, Italy - 2.59% Millionaires 9. With all of this culinary investment, the citys middling global #105 Restaurants ranking will surely improve. Brunei is a country in Southeast Asia. McCordsville. Singapore was once a territory of the United Kingdom, and today there are still many ancestral Britons among its multi-ethnic society. A second building opened a few months later to bring the new office space to 425,000 square feet. No, Dubai is not the richest city in the world. For example, Beverly Hills has a median housing price of $3. 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). Arabic is the official language, but English is commonly spoken. Forbes 35th Annual Worlds Billionaires List: Facts And Figures 2021, Operation Wealth Speed: What A Record Number Of New, Self-Made Billionaires Says About Capitalism, These 11 Colleges Have Produced The Most Billionaire Alumni, The Covid Billionaire Who Wants To Put Undocumented Immigrants In Americas Finest Colleges, Meet The 40 New Billionaires Who Got Rich Fighting Covid-19. That is, before the pandemic. Fortunately the city is almost back to pre-pandemic capacity, if the tube is any indication. The United States is one of the worlds biggest countries by land area, and also by population. 5 percent of all millionaires in the United States. Alibaba cofounder Jack Mas fortune rose $9 billion, to $48 billion, despite running afoul of Chinas regulators. 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. Macao SAR will climb from 17th in 2020 to 9th in 2021. Earlier this year, two pop-up stores dedicated to the Netflix show Stranger Things added to the fun. The government has already committed $16 billion to establish Singapore as a global research and development hub. BURJ AL-ARAB IN DUBAI, UAE This hotel is ranked as the first and top richest hotel in the world and it has its landmarks or it is situated in the United Arab Emirates, which is in Dubai. 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. Check out the worlds richest cities for 2020 below. Pulejo, named after native son Chef Davide Puleio, was one of the citys most anticipated openings this spring. The investment in the citys outdoor realm will improve Madrids middling #60 ranking in our Outdoors subcategory, especially combined with how safe the city has become (ranking #23 globally). Atherton, California. As of 2020, the majority of US billionaires live these two cities, with 91 in New York and 76 in San Francisco, respectively. 8. However, the tourism industry is also quite important, and other sectors like the hospitality and aviation sectors are also important. 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. A bientt mes amis. Puleios international experience, from Noma in Copenhagen to Milans LAlchimia, will make this Prati room a fast destination. Atlanta (USA) The last on our list of the richest cities in the world in 2018 by GDP per capita is Atlanta. Berlin is a city where remnants of a fragile history mingle with a present in which being whatever you want just comes with residency. Singapore is quite a small country; but one that is very attractive to people from all over the world. 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. Appropriately, Tokyo boasts the second-highest number of restaurants of any citytopping our Restaurant categoryand is moving far beyond its internationally beloved food traditions. Macao is a city on a small peninsular adjoining China. The 150 richest cities in the world by GDP in 2020 11 March 2007: The tables provide GDP figures for cities and their surrounding urban areas in 2020. 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. The metropolis is home to approximately 100,000 restaurants, so visitors and residents alike could never hope to experience a fraction of them. 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. Estimations from http://www.citymayors.com/statistics/richest-cities-2020.html Quiz by Singapore Rate: Nominate Last updated: October 27, 2015 You have not attempted this quiz yet. Heck, Palatine Hill alone invites you into two millennias worth if youve got an hour. 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. 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. In 2020, the world gained 493 new billionairesthats one every 17 hours. Luxembourg is surrounded by countries like Germany, France and Belgium. Doha $138,910 2. Details on the top 10 wealthiest countries in the world. There are hundreds of other rooms soon joining this increasingly daring culinary destination servingand welcoming the world once more. Paris attacked the pandemic not only with its doctors and health-care workers, but also with its urban planners. Many of Moscows billionaires are involved in the oil and gas industry, as well as in retail, property development and manufacturing. Download the latest Best Cities Reports for free. If the 21st century belongs to China (Narrator: It does), Beijing will be the place to watch its rise. However, last year marked a monumental shift in the status quo. Kuwait (-4) will be the worst loser, followed by The Bahamas (-3) and Iceland (-3). Hong Kong Billionaires: 71 UHNW Homeowners: 14,235 Total net worth: US$321 billion 3. 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. If you choose to live in one of Indiana's richest places, you are choosing to live where people work hard and it shows. 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! Moxy Hotels is also opening multiple locations in the Lower East Side and Williamsburg. In fact 88 percent of Singaporeans own their homes. 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.. 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. Much of Switzerland is mountainous, and even many of places not officially listed as mountains have very high elevations. One new city to make the top 10 list of billionaire cities was Hangzhou, the home of Jack Ma. Medical instruments also make up an important of the countrys yearly exports. Lucky for them, there are many new spots to grab dinner in a city that ranks #28 globally in our Restaurants subcategory. 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. 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 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. 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. Early Facebook employee Dustin Moskovitz remained the citys wealthiest person; his work management startup Asana went public last September. Even before the Euromaidan revolution, locals in one of the citys most picturesque areas fought to preserve it from destruction. That spirit is something the Russians didnt know about, or didnt want to believe in. And new residents. 4), and Moscow (No. As a result of its importance to the global economy, Wall Street has become synonymous with wealth and success. Courtesy of Capella Hotels & Resorts. Abu Dhabi is the nations capital, while Dubai, the most populous city, is an international hub. Beijing Billionaires: 67 The protesterschanting Ukraine is Europe all the whilecelebrated their victory. The AURA Skypool, which is (of course) the worlds first and highest 360-degree infinity pool. 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. In second-place Atherton zip code 94027 earnings surged by a third to $1.72 million. Like most things here, you have to see it to believe it. It had six in 1850, rising to 20 in 1950 before dropping to 11 in 2020 and 10 for 2035 projections. The US Dollar is also the currency most used for international transactions. 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. Mapped: Europes Biggest Sources of Electricity by Country, Visualizing the Scale of Global Fossil Fuel Production, Visualizing U.S. Demand for new rules of engagement came at a time when, during the first three months of 2021, Prague recorded an almost 94 percent decrease in tourism compared to 2019. The richest countries in the world present one of the greatest ironies that analysts have had to contend with. The manufacturing industry is boosted by the production of drugs, vaccines, and other pharmaceutical products. In 15 of the richest U.S. metro areas, most homes are worth more than $500,000. Wealthiest cities . She specializes in covering high-scale corruption, money laundering and other crimes. Showing 1 to 10 of 33 entries 1 2 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.. A dozen other museums are set to open, with collections ranging from the world of the samurai to video games. Lastly, some of the worlds most expensive neighborhoods can be found in the UAE, with locations like Dubai Marina, Emirates Hills and the Palm Jumeirah, known for their extravagant lifestyles and luxury living. It is quite a small country; ruled by the Sultan- an absolute hereditary monarch. The county seat of Loudoun is in Leesburg, where most administration activities take place. Though Russias GDP contracted in 2020, it was a good year for the capitals mega-billionaires; its 10 wealthiest individuals all got richer, adding $72 billion to their collective fortunes. The wealthiest 1% of Americans hold an amazing 40% of all wealth. It compares exposure to cryptocurrencies relative to stocks, funds, and bonds. The typical American household earns $57,617 per year. 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. Singapore is a very well developed economy; some of the key sectors include aviation, financial services, maritime and shipping, as well as hospitality. 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. Those Paris heatwaves would certainly become more tolerable. Additionally, the efficient handling of COVID-19 has allowed the economy to get back on track much more quickly than other countries. Generally speaking, it is believed that Atherton, California is the most expensive suburb in America. Declarations of love for the city have multiplied with social media channels, of course, and while Facebook check-ins #23) and Instagram hashtags (#33) have slipped due to lower tourism numbers, Rome still ranks #10 for Google Trends and TripAdvisor reviews. Bruneis economy is heavily dependent on oil revenues; the countrys major exports are petroleum gas, and crude oil. Leading container ports based on cargo capacity Asia 2020; Most expensive cities for business travel APAC Q4 2021, by daily cost . The Singapore Green Plan 2030 is aiming for 800-plus miles of bike lanes and the recently reopened nine-mile Rail Corridor makes for a quick self-propelled break from the city and journey back in time. And available at a relative discount to Silicon Valley and New York. 10. Additionally, the city is home to two golf courses and a country club. Chef Domenico Boschi riffs on classics of the Roman culinary empire (think artichoke and cod). And thats why they never had a chance. Although the Russians intended to capture Ukraines capital in three days, they never came close. Ireland has a land area of 84,421 km2, and a population of about 7 million. 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. 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.. The most visited mall on the planet is already here, and helps Dubai climb to #28 in our Shopping subcategory. 5 million residents in the city, it is the largest city in the United States by population. What part of the US population are millionaires? Li Ka-shing, the retired investing legend, added $12 billion to his fortune, becoming the port citys wealthiest resident. 8), Los Angeles (No. Some of the major economic activities include; oil exploration, gold mining and refining, international trade, tourism, aviation, and retail commerce. Mortal enemy TikTok has prioritized London for years and just started a 15-year lease on an entire office block at Farringdon Crossrail station. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'coalitionbrewing_com-leader-4','ezslot_15',155,'0','0'])};__ez_fad_position('div-gpt-ad-coalitionbrewing_com-leader-4-0');Elsewhere in the world, YK Paos billionaire village in China, where many of the countrys wealthiest citizens own lavish residences, is often touted as the worlds richest neighborhood. But new, even larger residential towers have sprung up over the last decade. 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. A few months later, most Kyivans returned home. Singapore has a land area of 733.1 km2, and a population of 5.4 million people. Financial Clout (strength of a citys finance and banking industries) America's 50 Wealthiest Towns City and Rank 1. Still, Beijing today insists students are taught President Xi speeches and continues to persecute dissent. 4. Cyprus also ranks high in its crypto-friendly rank and hits an investment figure of 13%. This is in part because the U.S. recovered strongly from the global financial crisis, the report says. New York Metropolis is living up to its image as a resilient and resourceful city, even though it is still showing signs of being beaten and wounded due to the pandemic's ravages. Not to worry, though, Kyivans are friendlyand happy to take their foreign friends to their favorite places. Luxembourg hosts many multinationals in the tech industry; chief among them being Skype and Amazon. Rounding out the top 10, Moscow slipped from No. The Buen Retiro (pleasant retreat) park in the city center joined Madrids tree-lined Paseo del Prado boulevard on UNESCOs World Heritage list two years ago. 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. Hillsborough, California 4. 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. 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. Not that the citys promotion engine was waning. Chicago has just over 166,000 millionaire households, making it the fourth city in the US with the most millionaire households. Speaking of restaurants, more than 50 have opened in 2022, with almost that many slated for 2023. San Francisco, California, United States The San Francisco metropolitan area has a GDP of $549 billion, making it the fourth richest city globally. 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. You may opt-out by. Also included is each city's percentage of the global wealth population. Top 10 Richest Countries in the World - GDP Per Capita (2020) 1. Madrid suffered greatly early on in the pandemic, when it was one of the planets hardest-hit capitals. 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. Wealth tends to gravitate toward wealth. 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. Few cities serve up the ability to walk Western history like Roma. 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 . After wild Atlantic salmon first returned to the Seine 13 years ago, it is today home to more than 30 species of fish, like trout, perch and eel. 50 Richest Cities by GDP in 2020 Can you name the 50 richest cities in the world in 2020. 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. 6), Singapore (No. And no wonder the city was dealing with 12 million tourists annually, almost double its entire regional population.
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