The richest cities in the world are beautiful homes where one can have great comfort and relaxation. These cities will be assessed on their wealthy population, and with individuals with a net worth of at least $5 million or more. It will also include each city’s percentage of the global wealth population, their growth, and annual growth rate
The ranking of these top 10 cities in the world hasn’t changed much over the past decade, from the ones you know. This is because from Forbes analysis we discovered that “Large and dynamic global cities tend to stay popular among the wealthy over long periods of time.”
So, for years to come it’s impossible to know how long the economic situation of these cities will be due to the coronavirus effect.
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However, In spite of this, there have been new technologies that have helped some of the richest cities that were greatly affected by the Covid-19 pandemic to improve their economy.
Here are the Top 10 richest cities in the world
Dallas is home to more billionaires than any other city. A total of over 18 billionaires live in Dallas with a combined net worth of $57.9 billion. Dallas residents with a minimum 10-figure net worth, Jerry Jones is the wealthiest, worth an estimated $8.8 billion. With a population of 1,347,120 with a growth rate of 1,780 and annual growth of 0.13%
9. Washington, D.C.
Tourism is Washington’s one of largest industries. Approximately 18.9 million visitors contributed an estimated $4.8 billion to the local economy in 2012. Other growing industries in Washington are in the areas of education, finance, public policy, and scientific research. It is one of the 12th most competitive financial centers in the world.
Washington, D.C. is one of the richest cities in the world with a total net worth estimated at around $3 Billion as of July 2021. The average household income in Washington is $127,890. They have a total population of 714,153 and a growth rate of 4,202 and annual growth of 0.59%.
Jeff Bezos is the richest person in Washington with an estimated net worth of $183.1 billion.
8. San Francisco
San Francisco is officially the City and County of San Francisco, is a cultural, commercial, and financial center in Northern California. It has a total population of 883,255 with a growth of 853 and a growth rate of 0.10%. San Francisco is the 16th most populous city in the United States with a total net worth of $90.7 billion.
The Number of individuals in San Francisco is with a net worth of $5 million or more. While the richest person in the city is Dustin Moskovitz with an estimated net worth of $23.8 BILLION
Chicago is one of the richest cities in the world with a number of individuals with a net worth of $5 million or more: 44,795. The average household income in Chicago is $90,713. Chicago has a total population of 2,679,080 with the percentage of the global population at 1.5%. Ken Griffin is the wealthiest, worth an estimated $16 billion.
Paris is one of the richest cities in the world with a number of individuals with a net worth of $5 million or more: 49,005 and a Percentage of the global population: 1.7%. It has a total population of 11,078,546 and a growth rate of 0.56%.
The richest person in Paris is Bernard Arnault with an estimated net worth of $182.1 billion.
London has a population of 9,425,622 with a growth of 1.31%. With the number of individuals with a net worth of $5 million or more: 49,005. And with the Percentage of the global population: 1.7%
Its population makes it by far the largest city in the United Kingdom the richest person in London is Len Blavatnik with an estimated net worth of $31 billion according to Forbes.
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4. Los Angeles
Los Angeles has a total population of 3,983,540 million people with a growth of 1,980 and an annual growth rate of 0.05%. It’s a sprawling Southern California city and the center of the nation’s film and television industry. Also, near its iconic Hollywood sign, studios such as Paramount Pictures, Universal, and Warner Brothers offer behind-the-scenes tours.
The number of individuals with a net worth of $5 million or more: 71,035 with the percentage of the global population: 2.4%. David Geffen is the richest person in Los Angeles with an estimated net worth of $10.3 billion.
3. Hong Kong
Hong Kong is a very rich city and has the world’s fourth-highest GDP per capita. It is also second-highest according to Purchasing Power Parity, which makes it one of the richest cities in the world. Hong Kong also ranks high for its quality of life index ranking third out of 140 countries and regions surveyed by the Economist Intelligence Unit in its 2016 “Where-to-be-born Index.”.
It is also a financial hub where markets and trading are conducted.
Hong Kong is an international trade center with one of the largest container ports in the world, as well as being recognized for having some of the most modern infrastructures around the Asia Pacific. The number of individuals with a net worth of $5 million or more: 73,430 Percentage of the global population: 2.5%.
Sir Li Ka-shing is the richest person in Hong Kong with an estimated net worth of $34.9 billion.
Tokyo is a city of wealth and it has always been a hub for business and finance in Japan. It also has an extensive underground scene that can’t be matched by any other city on Earth. Tokyo has a number of individuals with a net worth of $5 million or more: 81,645
Percentage of the global population: 2.8%. It has a total population of 13.96 million people. And the richest person in Tokyo is Tadashi Yanai with an estimated net worth of $42 billion.
1. New York
New York City is the richest city in the world. They have increased educational levels and higher income as well as better access to health care facilities.
It has more high-end restaurants, theaters, and museums per capita than any other city in the nation. New Yorkers have a great location for enjoying nature with access to lakes, rivers, forests, and beaches within an hour or less of their doorsteps.
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They have a number of individuals with a net worth of $5 million or more: 120,605. Percentage of the global population: 4.1%. New York City has an estimated net worth of $80 billion. Micheal Bloomberg is the richest person in $60 billion.
In summary, whether your goal is to live a luxurious lifestyle or just be able to provide for yourself and your family, it’s always good to know what the richest cities in the world have on offer. Simply put, if you’re going through life with an eye towards prosperity, these are the places where money can go furthest. What do you think?
Do any of these destinations sound like they’d make a great place for you to start living out your dreams? Please drop us comments.