top 100 richest cities in the world 2020

2), Paris (No. Details on the top 10 wealthiest countries in the world. Ireland is the third-largest island in Europe, and the twentieth-largest on Earth. Ultsan $80,058 5. Paris, France Paris is the tenth richest city in the world with a GDP of $212 billion. 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. According to the most recent United States Census, the most populous city in the United States is New York City. 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. They often frequent places like golf courses, yacht clubs, flying clubs, art galleries, and high-end restaurants. Sometimes the development leads to conflict. No other German city embodies the countrys sentiments of tolerance and acceptance quite like its capital. Not like the district has nowhere to sleep: the new Sir Adam Hotel, occupying the first eight floors of the landmark Adam Tower, has access to the citys highest observation deck to really wake up groggy guests. New Delhi- GDP $293.6 Billion. Overall, it looks like the wealth tides may be turning as China continues to progress economically and more billionaires become based in the East over the West. 8), Los Angeles (No. Amsterdam, the Netherlands - 2.63% Millionaires 8. The economy of Norway is boosted by oil production; crude oil, refined petroleum, and petroleum gas make up a good portion of the countrys exports. Macao is a city on a small peninsular adjoining China. The United States has a land area of 3,796,742 sq mi, and 331 Million. Los Altos Hills, California 6. 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. Luxembourg hosts many multinationals in the tech industry; chief among them being Skype and Amazon. The London Underground Night Tube reopened over the summer while certain lines are slowly restoring all service, with the Piccadilly line the last to have come online in August. What part of the US population are millionaires? First order of business: getting those not already here to town. As early cases spiked, Gotham became the nations nightmarish coronavirus core. No wonder it ranks #2 globally for Google searches. 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. 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. Cairo. Surprised to see a midsize European capital with a fading party rep ranked so high? And no wonder the city was dealing with 12 million tourists annually, almost double its entire regional population. 3, while Mumbai and San Francisco, both home to 48 billionaires, tied at No. Luanda, Angola. If you choose to live in one of Indiana's richest places, you are choosing to live where people work hard and it shows. The US Dollar is also the currency most used for international transactions. For a city with the #3 ranking for global Nightlife, this has been catastrophic. The top ten richest cities in the United States are: Atherton, CA ($450,696) Scarsdale, NY ($417,335) Cherry Hills Village, CO ($394,259) Los Altos Hills, CA ($386,174) Hillsborough, CA ($373,128) Short Hills, NJ ($367,491) Highland Park, TX ($358,994) Darien, CT ($341,090) Bronxville, NY ($340,448) Glencoe, IL ($339,883) The bottom 90% hold less than 25% of the total wealth. As of 2020, there is an estimated $3 trillion worth of assets and capital in the city. Hangzhou squeaked in at No. 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 Chinese capital is now home to 100 billionaires, narrowly beating New York Citys 99. The city is home to successful entrepreneurs and oligarchs such as Roman Abramovich, owner of Chelsea Football Club and the biggest publisher in Russia, Vladimir Evtushenkov. Unsurprisingly, incumbent pillars of industry already using the area dont share the vision. Rockets rained on peaceful apartment blocks. Not as storied but equally New York is the new Museum of Broadway, the first permanent museum dedicated to the famed heartland of the stage, just opened in Times Square with a behind-the-scenes look at the creation of major theater productions. In a ranking of the cities worldwide with the most number of millionaires . 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. 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. Still, the U.K. capital managed to add seven billionaires. New York landed number two globally and number one in the United States in the latest Worlds Best Cities 2020 by Resonance Consultancy. Paris attacked the pandemic not only with its doctors and health-care workers, but also with its urban planners. 10 (bumping the city-state of Singapore from the list), while Shanghai held firm at No. Moscow Billionaires: 70 UHNW Homeowners: [Unspecified] Total net worth: US$301.7 billion 4. It compares exposure to cryptocurrencies relative to stocks, funds, and bonds. In Hong Kong, 9,530 ultra wealthy individuals resided, followed by Tokyo with 8,345 lived. 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. That's according to data firm Wealth-X's latest report, "A Decade of Wealth.". 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. 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. After dipping amid last years scramble to host the 2021 Summer Olympic Games, the city remains incredibly safe, ranking #4 in our Safety subcategory. Singapore $105,689 4. City of Cairo, Egypt. Qatar is a constitutional monarchy; the Emir is a hereditary position. There's a large gap between No. There are, of course, a dozen other massive openings that would top most cities 2022 announcements, from the new Mohammed Bin Rashid Library on Dubai Creek to the unprecedented engineering of geography at The Palm, Ain Dubai and the Dubai Islands and the new, towering perches from which to see it all. The United States is one of the worlds biggest countries by land area, and also by population. The planets only major city straddling two continents is going all in on capitalizing on its strategic location. 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. And believe the buzz about Roman, opened recently by celebrity chef and restaurateur Stefano Callegari and devoutly dedicated to the approachability of Italian cuisine. In 2020, New York had the largest number of ultra wealthy individuals (UHNW), reaching 11,475 people. Asia. 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. These days, the bounty is an immersive step back in time. 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. 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 United Arab Emirates is one of the richest countries in the world because there has been deliberate effort to diversify the economy, and to improve the quality of life of its citizens. From construction cranes to the gilded facades of Orchard RoadSingapores version of Fifth Avenue for high-end fashion, now more coveted with the imminent opening of the 350-room sustainability-obsessed luxury Pan Pacific Orchard as well as the new (and massive) Hilton Singapore Orchardthe city knows its affluent global audience: moneyed wanderers who seek efficiency, security and exoticism. In some U.S. cities, however, more than half of all households earn $70,000-plus. Nevertheless, Brunei has a very good standard of living; it has the second-highest Human Development Index among the Southeast Asian nations. 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. Adding to L.A.s #21 Museums ranking is the opening of the visually stunning Academy Museum of Motion Pictures, with its ongoing three-floor Stories of Cinema exhibit exploring the histories of moviemakers and their works. $269.2B. The government provides many services to its citizens, and there is no income tax, although there is a corporate tax for companies. In 1800, Northern America had none of the world's 100 largest cities. China retains its title as the country with the most cities in the top 10, with Shenzhen moving up one spot to No. 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. 1040 Hamilton Street - Suite 306, Vancouver, BC V6B 2R9. 5). Wealth is counted quite differently among countries than it is among individuals. Brunei is a country in Southeast Asia. Todays map uses data from Forbes to display the top 10 cities that house the most billionaires. For the first time in seven years, the Big Apple lost its No. Top 10 Richest Countries in the World - GDP Per Capita (2020) 1. 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. Berlin also ranks #6 for Museums, a ranking that is set to ascend with the cascade of new openings and renovations this year. Each of them gained more than 10 net new billionaires: The only other city to gain more than 10 new billionaires in 2020 was San Francisco with 11. The city has also moved forward with aggressive car traffic restrictions as part of the mayors superblock initiative, replacing parking and roads with playgrounds and public seating. 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. Processed fish, raw aluminum and other raw materials also contribute immensely to the economy of the country. 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. 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 . Washington, D.C.. Come for the prosperity, stay for the mind-boggling urban infrastructure build-out. Pulejo, named after native son Chef Davide Puleio, was one of the citys most anticipated openings this spring. The city also elected mayor Ada Colau on a Barcelona-for-citizens platform. 6), Singapore (No. Factors included safety, weather, landmarks and attractions, diversity, culture, dining and economic prosperity. However, last year marked a monumental shift in the status quo. 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. Of course, being able to enjoy a city ranked best in the world in our Sights & Landmarks subcategory, as well as in the top three for Museums (the city has well over 100), has a tendency to distract one from the modern worlds perils. All 10 cities recorded net gains of billionaire residents, reflecting the global growth in billionaires over the last year. 5. Speaking of the future, the citys sensory overload of a Museum of the Future just opened to instant landmark status. Take the recent approach to a refugee accommodation crisis that led to hundreds of unhoused migrants, many fleeing Russias invasion of Ukraine, sleeping outside the citys overflowing resource centers: accommodate more than 1,000 on a moored cruise ship for six months, buying vital time to find other arrangements. 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. We ranked the 100 global cities for which all five measures were available and then averaged those rankings together to make a composite score. On average, Londons billionaire residents are 37% richer than they were last year. Facing determined resistance and crippled by their own incompetence, they soon abandoned their ambitious plans. 6% of US households are millionaires. 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. Switzerland is largely accepted as the capital of the worlds banking system; the financial services sector plays a big part in the economy. America Rich List: Richest Billionaires In The United States. The report from the Commission on Audit was based on the total assets of the cities, not their locally sourced revenues. And, yes. 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. Located in San Mateo County, Atherton had a population of 7,218 as of the 2020 census and a median home price of $7. She specializes in covering high-scale corruption, money laundering and other crimes. The city is also investing in social housing and equitable development with the Madrid Nuevo Norte Project, currently Europes largest urban redevelopment initiative, which will transform the industrial wasteland of railway lands and brownfields north of the city into social housing, a transit hub and new office spaces, with a focus on meeting UN Sustainable Development Goals. Beautiful panoramic view of Paris from the roof of the Triumphal Arch According to a report by the US Internal Revenue Service, New York City had 541,000 households with over one million dollars in adjusted gross income in 2015. This is in part because the U.S. recovered strongly from the global financial crisis, the report says. Out of the top 30, he's the youngest by more than a decade. But its not all logistical: the luxury Peninsula Istanbul opens nearby early next year, capping a torrid year for hotel openings that includes the seafront luxury resort JW Marriott Marmara Sea and a dozen others. Of course the citys Safdie Architects-designed $1.7-billion Jewel Changi Airport, opened in 2019 a few months before lockdowns, is also worthy of a few hours of exploration. One of the world's most important cities historically is also home to more billionaires than any other city in Africa. What is the wealthiest city in the United States? Much of Switzerland is mountainous, and even many of places not officially listed as mountains have very high elevations. 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. Showing 1 to 10 of 33 entries 1 2 According to the Hurun Global Rich List 2022, the leading city with the most billionaires in 2022 was Beijing. 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.