top 50 richest cities in the world 2021

You are already subscribed to our newsletter! Highlighted rankings: Restaurants (1), Shopping (1) "Despite the pandemic and subsequent derailment of Japan's plansor perhaps because of themthe Japanese government remains steadfast, keeping its target of 60 million visitors and $136 billion in tourism revenue by 2030. Socit Gnrale, the worlds fourth largest bank, is headquartered in Paris and operates out of the La Defense business district. Many large companies from high technology industries like IT, digital media, finance, and pharmaceuticals have established headquarters in Dublin. Tokyo has maintained its position as the worlds most populous city for over half a century and shows no signs of relinquishing its leadership. Owing greatly to the exportation of oil and better management than most African countries. According to various estimates, the Japanese capital is home to 13.1 to 13.7 million people. Milan, the Lombardy regions headquarters in northern Italy, is the countrys wealthiest metropolis. The success of these companies have made some of them cross the $1 trillion threshold, while the owners have made tens of billions of dollars, some even crossing a hundred billion in net worth . Shanghai is considered the richest city in the country with a 2013 GDP of $352,292,000,000 and a PPP of $600,571,000,000. It includes Amsterdam, the provinces of North Holland and Flevoland, and 36 other municipalities within those two provinces, for a total population of about 2.5 million people, and is located in the Noordvleugel (English: North Wing) of the wider polycentric Randstad metropolitan region. An estimated 6,321,398 people call this area home as of 2017 throughout an area of 5,335.97 square kilometers, as provided by Populationdata.net (2,060.23 sq mi). 1. As a result of its current status as a hub for numerous industries, including the arts, sciences, finances, publishing, culture, innovation, education, business, and tourism, the city of Munich ranks highly in surveys measuring both standards of living and quality of life. Several corporations have established or reestablished second headquarters or branch offices in Berlin. The Financial Capital of India, Mumbai, tops the list with an estimated GDP of $310 billion. In addition, New York is the city with the highest number of millionaires per capita. Being the largest city of the country, Mumbai is extensively . Britain was second with 120 billionaires, and Switzerland was third with 111. Although Washington attracts many tourists, it enjoys a diversified economy. 1. To be more explicit, gross domestic product is the sum of the monetary or market worth of all completed products and services produced inside a nations boundaries within a certain period. There are now 43 Fortune 500 firms that name New York City their home. In the Mediterranean region, it was the first and remains the most significant industrial city. The six factors scrutinized are: economy, research and development, cultural interaction, livability, environment, and accessibility. Tokyo, Japan. London City | Photo: Reuters 7. The Paris metropolitan area has a higher GDP (PPP) than North Rhine-Westphalia in Germany and Greater London in the United Kingdom and is the wealthiest region in Europe. Fortune 500 companies include Discovery Communications, Fannie Mae, Walmart and CACI International among others. China, with 12,556 USD per inhabitant, only reaches 79th place. Tokyo is the city with the highest per capita income in the world. There are eleven metropolitan regions in Germany, and one of them is the Munich Metropolitan Region, which includes the cities of Munich, Augsburg, Ingolstadt, Landshut, Rosenheim, and Landsberg am Lech. Banks and financial institutions contribute significantly to the citys GDP. The Rhine-Ruhr metropolitan area is broken up into three distinct areas, and each of these regions contributes to the overall gross domestic product of the Rhine-Ruhr metropolitan area. It also serves as one of the richest places in the world, with a GDP of $866 billion. This proportion is projected to increase to 68% by 2050. Unemployment and a waning economy have meant the citys number one position is under serious threat. The GDP determines how wealthy a city is, and the higher the GDP, the wealthier the city. The top five cities with the fastest growing millionaire populations are not in the U.S., however. Advertisement. In. Apart from being populous, Sao Paulo is the wealthiest state in Brazil that exerts rooted international influences in finance, commerce, and entertainment. Read Also: North Macedonia Economy In Europe [Facts & History]. Much of the city's extensive wealth derives from its prime position in the Witwatersrand hill range, an area replete with minerals and the center of a very profitable gold and diamond trade. Through various employment training programs, the Private Industry Council helps foster the local economys growth.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'worldstopinsider_com-narrow-sky-1','ezslot_18',677,'0','0'])};__ez_fad_position('div-gpt-ad-worldstopinsider_com-narrow-sky-1-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'worldstopinsider_com-narrow-sky-1','ezslot_19',677,'0','1'])};__ez_fad_position('div-gpt-ad-worldstopinsider_com-narrow-sky-1-0_1');.narrow-sky-1-multi-677{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:7px!important;margin-left:auto!important;margin-right:auto!important;margin-top:7px!important;max-width:100%!important;min-height:250px;padding:0;text-align:center!important}. Tokyo was originally a fishing village in the 1600s but grew up to become the most populated city globally by the mid-18th century. Altogether, these top 10 cities will contribute an impressive $13.5 trillion in GDP by 2035. Despite being a manufacturing hub for the worlds most famous vehicles, Los Angeles's economy heavily relies on the entertainment industry, with a sharp focus on TV, motion pictures, music, and interactive video games. The lifestyle publication Monocle ranked Barcelona as the twenty-fourth most livable city in the world in 2015. The top 10 riches cities in the world behind New York City were Tokyo, San Francisco Bay Area, London, Singapore, Los Angeles and Malibu, Chicago, Houston, Beijing, and Shanghai. The economy of Paris heavily relies on commerce, services, transportation, construction, and industry. The difference. The top ten richest cities based on GDP include: Another way that the richest cities in the world can be measured is through the total wealth of its residents. Based on the cost of living, Milan was ranked as Europes most expensive city in 2015, surpassing Stockholm and Munich. Porto, Portugal. Photo by Shutterstock. 2 . Len Blavatnik, a Ukrainian-born oil and media magnate, is the richest person in the city, with a net worth of $32.5 billion. Industries, IT, Investment, local/international trade, and transportation are typically at the helm of the city economy. The historic Ukrainian capital is the urban beacon of courage and resilience leading a defiant nation against a murderous aggressor. After the Rhine-Ruhr Metropolitan Region, the Frankfurt Rhine-Main-Region, the Berlin-Brandenburg Metropolitan Region, and the Stuttgart Metropolitan Region, it is Germanys fifth most populated metropolitan region. Parts of the regions of Aisne, Aube, Eure, Eure-et-Loir, Loiret, Marne, Oise, Seine-Maritime, and Yonne are included outside of the le-de-France area. And right at the top are the Principality of Monaco ($ 234,315), Liechtenstein ($ 157,755), and Luxembourg with $ 133,590 per inhabitant. In todays guide, we will be taking a brief look at the richest European cities right now and all you need to know. Interestingly, Tokyo is the #1 city today, with an estimated $1.6 trillion GDP in 2019. Top 50 Richest Actors in the World 2021 - YouTube 0:00 / 3:20 Top 50 Richest Actors in the World 2021 Info King 2.63K subscribers Subscribe 2.3K 992K views 1 year ago Who are. Lastly, London is home to several of the most well-known Fortune Global 500 firms, including the Lloyds Banking Group, Prudential, J. Sainsbury, BP, Tesco, and Vodafone Group, amongst others.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'worldstopinsider_com-mobile-leaderboard-1','ezslot_14',138,'0','0'])};__ez_fad_position('div-gpt-ad-worldstopinsider_com-mobile-leaderboard-1-0'); The city of Los Angeles makes significant efforts to foster economic growth in the local community. 2. Berlins immediate agglomeration, which consists of the city and the neighboring Brandenburg municipalities, is known as Berliner Umland (English: Berlins surrounding countryside or Berlins countryside). Be the first to get hottest news from our Editor-in-Chief, Check your email and confirm your subscription. Included in the greater Rhine-Ruhr metropolitan area, which is home to more than 10 million people and ranks third in Europe behind London and Paris, it is one of the continents most populous urban centers. No formal political boundaries exist inside this area; it is instead defined for the sake of transportation and strategic planning. Today, Moscow has a GDP of $604 billion. ins.style.display='block';ins.style.minWidth=container.attributes.ezaw.value+'px';ins.style.width='100%';ins.style.height=container.attributes.ezah.value+'px';container.appendChild(ins);(adsbygoogle=window.adsbygoogle||[]).push({});window.ezoSTPixelAdd(slotId,'stat_source_id',44);window.ezoSTPixelAdd(slotId,'adsensetype',1);var lo=new MutationObserver(window.ezaslEvent);lo.observe(document.getElementById(slotId+'-asloaded'),{attributes:true}); Even though the epidemic caused a severe economic slowdown, Shanghai has managed to maintain its position as one of the wealthiest cities in the world. Continue with Recommended Cookies. No. To get a little more specific, GDP is calculated using the following formula: Personal Consumption Expenditures + Business Investment + Government Spending + (Exports - Imports). There will reportedly be 2,073,459 people living there by 2022. document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()); I'm a travel expert with vast experience in the traveling industry, couple with hands on experience about the globe. Median home values in the 50 richest cities begin at $498,900, about double the median nationwide of $244,900, and reach over. Visakhapatnam - Industrial Port Of India. Luxembourg A small European country that shares a border with France, Belgium, and Germany. Madrid became Spains second industrial city after Barcelona in the 20th century, when it saw the emergence of a thriving manufacturing sector. The city performed well in the nightlife category but also won praise for its commitment to traffic calming and creating community space. The city of Los Angeles makes effective use of employment training programs as well as development initiatives. Warren Buffett 6. It has a GDP of $781 billion, making it one of the most productive regions globally. However, the service industry is quickly becoming the citys primary economic driver. But theyre also leading like they always have the recovery and future-defining next stage of human innovation.. Read Also:50 Richest Countries In Europe By GDP. Beijing has grown tremendously over the years to become a global city. Osaka has a strategic location that makes it ideal for international companies to invest with local partners. Hence, the city is also dubbed the "Sardine Capital of the Philippines.". A city with a higher GDP means it has more wealth than one with a low GDP. Before the advent of Covid, Chicago had around 55 million visitors in 2017. The Rhine-Ruhr metropolitan region is home to several Fortune 500 firms, some of which include ThyssenKrupp AG, RWE AG, Bayer AG, and Evonik Industries. Dallas-Fort Worth is the economic and cultural hub of North Texas and the fourth-largest city in the USA. Dublin is the most populous city in Ireland as well as the countrys capital and economic center. Today, Moscow has a GDP of $604 billion. 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. These cities also happen to be among the most populous worldwide. The Richest Cities are shown below, based on GDP (Gross Domestic Product) data from 2011. Mumbai - City Of Dreams. Despite its reliance on the service industry, Madrid is nevertheless Spains second largest industrial hub (after Barcelona), with a focus on high-tech manufacturing.