Its central location on the peninsula makes it an important node in the peninsulas long-distance transportation networks. Growth rates of 1.4% in 2014, 2.7% in 2015, and 2.8% in 2016 are predicted for the city after a recession beginning in 2007/8. Dallas-Fort Worth is the economic and cultural hub of North Texas and the fourth-largest city in the USA. The median annual household incomes in the cities on this list range from nearly $140,000 to more than $240,000. Berlin is the birthplace of a number of renowned German corporations, including Siemens, Deutsche Bank, Lufthansa, Allianz, AEG, Telefunken, Osram, Knorr-Bremse, and Edeka. Tokyo, Japan. The capital city of Spain, Madrid, was home to 72% of Spains top 2,000 enterprises in 2008. London has been anointed the best city in the world for the seventh year in a row. These are the only two cities with trillion dollar economies. Food processing, manufacturing, publishing, insurance, and tourism are just some of the many industries that have flourished in the city. The top ten richest cities in the world based on private wealth include: New York, New York, United States London, England Tokyo, Japan Silicon Valley, California, United States Beijing, China Shanghai, China Los Angeles, California, United States Hong Kong, China Sydney, Australia Singapore CSV JSON Paris remains ahead of New York, thanks to its ambitious sustainability policies which have included expanding cycle routes, reducing city speed limits and tree planting as it aims to become Europes greenest city by 2030. 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. 2 From that point over a century ago, wealth has multiplied to the point where the richest men and women in the world top out at around $150 billion each. There are also sizable business districts in the neighborhoods of Issy-les-Moulineaux (home to numerous media businesses), Boulogne-Billancourt, and Saint-Denis. In 2021, the average gross wage was 47,544, or 9.29% more than the average gross salary in Germany. While there are affluent areas all across the country, most of the very richest . New Delhi- GDP $293.6 Billion 3rd Largest City in the US (https://www.youtube.com/watch?v=Asw4NOHXBDQ), https://www.youtube.com/watch?v=o70MzTHHNbI, Seoul South Korea 4K .City Sights People (https://www.youtube.com/watch?v=o70MzTHHNbI), https://www.youtube.com/watch?v=-ohLLf4-cgk, Paris, France January 2022 4K 60fps -HDR Walking Tour (1.5 hour) (https://www.youtube.com/watch?v=-ohLLf4-cgk), https://www.youtube.com/watch?v=I4CvgVuDbzw, London City Tour 2022 | 4K HDR Virtual Walking Tour around the City | London Winter Walk 2022 (https://www.youtube.com/watch?v=I4CvgVuDbzw), https://www.youtube.com/watch?v=vGGL7X_s4AQ, Los Angeles, USA by drone [4K] (https://www.youtube.com/watch?v=vGGL7X_s4AQ), https://www.youtube.com/watch?v=u8mcpHkfE3o, Tokyo in 2022 | japan-guide.com (https://www.youtube.com/watch?v=u8mcpHkfE3o), https://www.youtube.com/watch?v=FjU_x1106pg, MANHATTAN | NEW YORK CITY NY , UNITED STATES A TRAVEL TOUR UHD 4K (https://www.youtube.com/watch?v=FjU_x1106pg), Top 10 Best Electric Wire Cable Manufacturing. Who are the top 10 richest people in the world? Tax Havens: 10 Most Popular Financial Centres Where Super-Rich People Keep Money. The richest area currently in Europe is London and Paris with a total economic output of $835 billion and $822 billion, respectively. Your email address will not be published. GDP per capita: $18,236. Paris has been one of the most powerful financial centres of Europe since the 17th century. Beijing, China: $591.374 Billion Beijing is the capital of China and has a population of over 20 million. 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. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket Press Copyright . Len Blavatnik, a Ukrainian-born oil and media magnate, is the richest person in the city, with a net worth of $32.5 billion. The greatest John Obi Mikel is the richest footballer in Nigeria ( 2021 ). The European Union (EU) averaged 2.5% yearly economic growth (GDP) between 1996 and 2000, hence annual growth in the EU was above average. Even more impressive is the fact that, as of 2009, Barcelona ranked as Europes fourth greatest business metropolis and the continents fastest-improving city, with annual growth improvements of 17%. Furthermore, the city has been the centre for diplomacy, fashion, science, and the arts. The Global Wealth and Lifestyle Report 2020 also names it as one of the worlds most cost-effective metropolises for the affluent. Remember that state-owned corporations in China get tremendous government support regardless of the economic conditions, including even Global 500 companies like SAIC Motor and China National Petroleum. The consent submitted will only be used for data processing originating from this website. There were more billionaires per capita in the United States than in any other country, with China a close second. Alejandro de Leon/Getty Images. 2023 HONORARY BEST CITY. This is followed by Paris and New York City.Cleanest Cities in the World. Apart from being populous, Sao Paulo is the wealthiest state in Brazil that exerts rooted international influences in finance, commerce, and entertainment. The conurbations also collect and dispose of solid waste regularly at designated dumping sites. London is closely followed by the usual suspects of Paris and New York. The next richest city based on GDP is Los Angeles, California in the U.S. London and Paris are the major and richest cities in Europe with a GDP of US$835 billion and US$822 billion respectively. The GDP determines how wealthy a city is, and the higher the GDP, the wealthier the city. SK Holdings, POSCO, and LG Electronics are just a few corporations that are part of the Fortune Global 500. Not to mention that LA is rapidly eclipsing New York as home to some of the greatest chefs of our time. These cities also happen to be among the most populous worldwide. Berlin/Brandenburg Metropolitan Region, 50 Richest Cities in Europe Ranked On GMP per Euro In 2022, 25 Richest European Cities Ranked by GDP Per Capita In 2022, 25 European Richest Cities Ranked by GDP Per Capita 2022. The city is poised to benefit from the range of new infrastructure constructed for the Olympics which will no doubt come in handy in the future. Dublin is not just home to the national parliament and the bulk of the government bureaucracy, but also the countrys main media outlets. Some of these cities have so much wealth that they are significant economies on their own and are even more remarkable than some national economies. These reports focus heavily on HNWI demographics such as city and suburb wealth breakdowns. I love exploring the world and I'm ready to relate my experience to others who are in the quest to know more. China, with 12,556 USD per inhabitant, only reaches 79th place. Weve used several providers over the years and are now covered by an annual multi-trip policy from Heymondo. Since February, its valuation has jumped roughly $25 billion, placing it among the most valuable private companies worldwide. Today, Moscow has a GDP of $604 billion. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'worldstopinsider_com-medrectangle-4','ezslot_2',120,'0','0'])};__ez_fad_position('div-gpt-ad-worldstopinsider_com-medrectangle-4-0'); The Rhine-Ruhr metropolitan region is the center of Germanys industrial and commercial activity. New York, Americas greatest city, is in third thanks to the high number of Global 500 companies located in the Big Apple as well as the citys endless nightlife, shopping and attractions that sustain its enduring allure. The business has been practiced in Barcelona for centuries. 1. Pastor Chris Oyakhilome - ($50 Million) Richest Pastors In The World (2021) & Their Net Worth. Denmark, Iceland, Singapore, Australia and Qatar round up the top ten nations. The Milan metropolitan region, or Grande Milano (which literally translates to Greater Milan), is the largest in Italy and the 54th largest in the world. By 2025, the city's GDP would have [] Some of our partners may process your data as a part of their legitimate business interest without asking for consent. In our new study we explore the wealthiest cities in the world for 2021, with a special spotlight on the wealthiest cities in the Middle East and Africa. Most such agglomerations are economically, socially and culturally dominated by one city at their centre. Despite its reliance on the service industry, Madrid is nevertheless Spains second largest industrial hub (after Barcelona), with a focus on high-tech manufacturing. This is a list of cities in the world by gross domestic product (GDP). London is ranked second with $2.7 billion in private wealth. It has the highest population of any metropolitan region in Spain, ranks second in the EU, and is the worlds 54th largest. (Based on all 212 countries evaluated. Here is a look at some of the richest cities in the world based on their GDP. Their port, the biggest container port in the world, contributes significantly to the total money they bring in. View the complete report from Resonance Consultancy. 50 Richest European Cities By GDP Per Capita [2023 Ranking], 4. It grew throughout the 19th century because of domestic and foreign trade, especially its strategic port location. A GDP per worker 132% above the EU average was achieved. Read Richest Countries in the world. Furthermore, Moscow has many financial centres that contribute to the citys GDP. 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. A post-lockdown business recovery plan was made available to the public in June of 2022 by the city of Shanghai to make up for financial losses. 50: Gambia: 3.884: 51: Guinea-Bissau: 3.385: 52: Seychelles: 2.873: 53: Comoros: The USA is the only country with a large surface area and population among the highest-ranking nations, ranking eleventh. 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). About 59.5% of the workforce in the area is employed in trade, transportation, and services; 26.9% in government; 8.2% in manufacturing; 5.2% in the building trades; and 5.25% in agriculture. In the 2019/2020 fiscal year, its GDP per citizen was predicted to reach $57,101, making it one of the highest-earning countries in the world. It has been the capital area of South Korea for around 2,000 years. Its area of 18,941 km2 (7,313 sq mi) is far larger than the administrative territory of le-de-France, which includes Paris (12,012 km2 (4,638 sq mi). 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. 50 Richest Cities In Europe By GDP Per Capita [2023 Ranking], on 50 Richest Cities In Europe By GDP Per Capita [2023 Ranking]. During the 20th century, Seouls economy heavily relied on manufacturing. 15 poorest countries in Europe with the lowest GDP in 2021. The success of these companies have made some of them cross the $1 trillion threshold, while the owners have made tens of billions of dollars, some even crossing a hundred billion in net worth . Furthermore, London has the highest concentration of higher education centres in Europe and has the world's most expensive office market. As of 2009, Madrids GDP per resident was 11% lower than the EU average of the top 10 cities. Dublin is the most populous city in Ireland as well as the countrys capital and economic center. It is also one of the leading cities in the world for culture, politics, diplomacy, business, economics, science, and technology. The top ten richest cities based on GDP include: Another way that the richest cities in the world can be measured is through the total wealth of its residents. Manufacturing has played a significant part in the countrys development since then. According to Eurostat, in 2004, Barcelona city had a GDP per head of 80,894. Interactive map. Given the citys consistently high population growth, the Paris metropolitan region grows with each census. The Top 10 Richest Countries in the World (by GNI per Capita, Atlas Method, current US$ - World Bank) Liechtenstein - $116,440 Switzerland - $84,310 Norway - $78,180 Luxembourg - $73,500 United States - $64,530 Ireland - $64,150 Denmark - $63,070 Iceland - $62,420 Qatar - $56,210 Singapore - $54,920 Via Montenapoleone, the most expensive street in Europe, and the Borsa Italiana, the countrys stock exchange, are both located in the heart of the city. Moreover, after the fall of the GDR and the attempt to privatize them through the Treuhandanstalt, very few East German enterprises remained.

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