In 2026, the anticipated Museum of the 20th Century will be one of Europes finest. Among the top 50 economies having the highest gdp per capita, Macao SAR . Despite much-warranted hand-wringing about the flight of talent and capital due to the pall of Brexit (and the follow-up specter of an airborne pandemic), London is hanging in just fine, relying on a dipping currency to attract investment and, of course, previously priced-out tourists. In addition to running the companys website, CEOWORLD magazine, which aims to help CEOs, CFOs, CIOs, and other C-level executives get smarter about how they earn, save and spend their money, she also sits on the Board of Directors of the Global Business Policy Institute. 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. 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. Pixabay . If you choose to live in one of Indiana's richest places, you are choosing to live where people work hard and it shows. Speaking of the future, the citys sensory overload of a Museum of the Future just opened to instant landmark status. On average, Londons billionaire residents are 37% richer than they were last year. Just before the war began, the European Investment Bank signed a 100-million loan agreement with Kyivs mayor to renew the citys trolleybus and metro fleets. Some of the major economic sectors in Luxembourg include manufacturing, insurance and banking, technology, and agriculture. 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 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. In regards to the countries with lower levels of crypto investment, one observation is that they tend to be wealthier and more developed EU nations. Dubais next challenge will be not blowing its pandemic reopening by doing too much too fast. 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. The defiant Catalan capital was the poster child of global overtourismand its solutions. 3 to No. 7 as the most popular home for ten-figure fortunes. Check out the worlds richest cities for 2020 below. It was this city-scale tragedy that first landed in the crosshairs of the sniping haters declaring that the big, vibrant, cheek-by-jowl city experiment was finally over. She oversees and coordinates coverage of the news and ideas in partnership with writers across the continent. And those are reopening, too. 5). 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. Out of the top 30, he's the youngest by more than a decade. Appropriately, Tokyo boasts the second-highest number of restaurants of any citytopping our Restaurant categoryand is moving far beyond its internationally beloved food traditions. The methodology of calculating GDP may differ between the studies and are widely based . 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. CEOWORLD magazine - Top Stories - Stats Gate - Most economically influential cities in the world, 2020. Singapore has a land area of 733.1 km2, and a population of 5.4 million people. 3), Tokyo (No. Other multinational companies from Switzerland include; Nestle, Rolex, The Swatch Group, Tetra Pak, and Mediterranean Shipping Company. Bold reclamations focused on resident needs have created a more accessible city while tourists werent looking. Visualizing Bidens $1.52 Trillion Budget Proposal for 2022, Mapped: GDP Growth Forecasts by Country, in 2023, Visualizing the Odds of Dying from Various Accidents. Tourists walk in silhouette across the river from the London Eye, one of the most famous landmarks, skylines and iconic buildings in the capital in London, England, United Kingdom. The city is already in the top 10 in our Airport Connectivity subcategory. Facing determined resistance and crippled by their own incompetence, they soon abandoned their ambitious plans. The year-old Kimpton St Honor is topped by a bucolic 3,200-square-foot terrace called Sequoia that serves up panoramic views of the iconic skyline. For a city with the #3 ranking for global Nightlife, this has been catastrophic. 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. 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. Details on the top 10 wealthiest countries in the world. Norway has a great and storied history; and even today, it has one of the richest cultures in Europe. The Periodic Table of Commodity Returns (2013-2022), Visualizing 25 Years of Lithium Production, by Country, Ranked: The Worlds Largest Copper Producers, All the Metals We Mined in 2021: Visualized, Chart: Automakers Adoption of Fuel-Saving Technologies, Explainer: What to Know About the Ohio Train Derailment, A Visual Crash Course on Geothermal Energy. Rockets rained on peaceful apartment blocks. Dublin is the wealthiest city, with a per capita income of $115,094. She has advised CEOs, investors, boards, and high-profile industry leaders on a wide range of issues impacting the global business landscape. There is about $55 billion of wealth in the hands of Nairobi's richest citizens making the city one of the richest cities in Africa. REATED: How Quincy Became A Town Of Secret Coca-Cola Millionaires. Top 30 Women-Friendly Travel Destinations In The World. 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. Airbnbs three cofounders now rank among the citys top 5 wealthiest, following their companys December 2020 IPO. As it returns, the city is making deliberate and long-lasting decisions to ensure its #4-ranked Museums (ahead of places like New York) and #3-ranked Attractions (trailing only London and Tokyo) remain accessible to the citizens who kept them going when tourism didnt. With the onset of free-market reforms in the 1990s, Beijing saw its economic development soar. 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. Some parts of these cities have become known as the billionaires playground because they offer a high concentration of wealthy people, amenities, and support services. Dubais firehose of only-here experiences is not by accident: the city reinvented itself yet again throughout the 2010s, growing from a sterile playground for a handful of ultra-rich Emiratis to an international tourism and business destination. Lucky for them, there are many new spots to grab dinner in a city that ranks #28 globally in our Restaurants subcategory. The ubiquity of D.C. in dramas on screens small and large, combined with the shocking events of recent years, means were all thinking about Washington. Macau $135,120 3. The Champs-lyses is next on the city leaderships list, set to be transformed for the Games into a massive garden, with vehicle access cut in half and millions of euros invested in pedestrian-focused amenities. 5. 5 to No. Other cities where affluent individuals may have a presence include places like Geneva, London, and Tokyo. View Study. 34. Mindy Wright is CEOWORLD magazine's Deputy Commissioning Editor, and leads global newsroom coverage and management. But new, even larger residential towers have sprung up over the last decade. Hong Kong, China With a GDP of $223 billion, Hong Kong is the ninth richest city in the world. As early cases spiked, Gotham became the nations nightmarish coronavirus core. Courtesy of Capella Hotels & Resorts. 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. Ireland is the third-largest island in Europe, and the twentieth-largest on Earth. In 2020, the world gained 493 new billionairesthats one every 17 hours. Companies are leaving for Austin and Florida as a result. Rich men can be found in a variety of places, from exclusive luxury events to private country clubs. The economy of Macao is boosted by the gambling industry; it is 7 times larger than Las Vegas, and draws in high-stakers from all over the world. Across the pond, London also counted 7 more billionaire residents, even though it dropped from No. Switzerland is largely accepted as the capital of the worlds banking system; the financial services sector plays a big part in the economy. Qatars economy is heavily reliant on the oil industry; crude oil, as well as natural gas, and other by products of petroleum account for the bulk of the countrys exports. According to Forbes, in 2020 California had the highest number of billionaires in the US with 140 billionaires, followed by New York with 91 billionaires. 2 to No. However, the tourism industry is also quite important, and other sectors like the hospitality and aviation sectors are also important. Its why the city-state continues its ascent among the planets most prosperous cities, with a growing cluster of Global 500 companies (placing it #24 globally). Macao was formerly a Portuguese colony; in 1557 the Ming Dynasty leased the area to Portuguese who used it as a trading post. The richest 20 people in the world had a combined net worth of $1.5 trillion. Likewise, the Burj Khalifas time in the sun may be nearing an end: Santiago Calatravas Tower at Dubai Creek will eclipse the skyscraper as the tallest building in the world when completed in the next few years. Westfield. The city is hoping to bring back the tourists (16.7 million in 2019) who have become critical to its economy, and has spent its downtime building and recalibrating at a velocity unprecedented even for this Energizer Bunny of a metropolis. With a net worth of nearly $69 billion, Zhong Shanshan became Hangzhous wealthiest personand the 13th richest in the worldfollowing the September 2020 IPO of his bottled water company Nongfu Spring. Five of the six Asian cities listed are all in China. 4. This isnt the first time Kyiv has sprung back to life. This list comprises the world's largest companies by consolidated revenue, according to the Fortune Global 500 2022 rankings. Switzerland is also the capital of the worlds pharmaceutical industry; there are several multinational pharmaceutical companies located in Switzerland; and there is probably more priority information in the pharmaceutical industry in Switzerland than anywhere else in the world. They come for some of the worlds lowest corporate taxes and stay for the home- grown economic development initiatives like Irelands Local Enterprise Office, which supports international companies with mentoring, training and financial grants. Perhaps the biggest news is Madrids beautiful measures to combat climate change and pollution, by way of a 47-mile urban forest network with nearly half-a-million new trees that will connect the citys existing forest masses and reuse derelict sites between roads and buildings. As the capital of capitals negotiates the uncharted, perilous terrain of a post-Brexit and pandemic world, London continues to reign as the planets best cities for the seventh year running. This graphic from Gilbert Fontana looks at crypto popularity amongst investors in the EU using data from the European Commissions Eurobarometer. London and Paris are the major and richest cities in Europe with a GDP of US$835 billion and US$822 billion respectively. A recent report from real estate firm Cushman & Wakefield illustrated the run on London: of the 398 central London leasing transactions over 5,000 square feet in 2021, 59 were new businesses setting up for the first time or those relocating from outside Londonthe highest number ever recorded since tracking began in 2013. 5 percent of all millionaires in the United States. Osaka, Japan Osakas GDP of $223 billion makes it the eighth richest city in the world. Even before the Euromaidan revolution, locals in one of the citys most picturesque areas fought to preserve it from destruction. 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. New York Billionaires: 92 UHNW Homeowners: 24,660 Total net worth: US$424 billion 2. That is, until recently, when over a few days in October, a wave of self-destructing Iranian-made drones launched by Russia started terrorizing the citys skies and killing citizens. Its an essential piece of infrastructure for a city that needs plentiful outdoor space, now more than ever. In terms of the locations themselves, London, New York, and San Francisco are the only Western cities to make the list. New York City is also the most densely populated of all major cities in the country and is located in the state of New York. Landscape Alley, a place featuring breathtaking views and many works of modern art and sculpture in the open air, was threatened by development plans to fill this historic area with expensive high-rise buildings. Extra bonus: its also home to the citys beloved food market, Mercat de lAbaceria (at least until it moves into more permanent digs later this decade). And, yes, a new Terminal C should be open by the time you read this. In fact 88 percent of Singaporeans own their homes. Romes #7 Museums ranking will rise as a result. This focus on research, medicine and tech is designed to open another front for Singaporeone that complements its financial dominance. 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. The manufacturing industry is boosted by the production of drugs, vaccines, and other pharmaceutical products. It depends on what is meant by rich. Paris attacked the pandemic not only with its doctors and health-care workers, but also with its urban planners. Los Angeles, Chicago and Houston round out the top five . Switzerland has a land area of 41,285 km2, and a population of 8,5 million. The country is landlocked; some of its neighbors are Italy, France, Germany, Austria and Liechtenstein. Wealth tends to gravitate toward wealth. 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. Those Paris heatwaves would certainly become more tolerable. Among the top 50, Aruba will climb five spots. During the Second World War the city center suffered terrible damage at the hands of both the Soviet and German armies, and was then rebuilt by German prisoners. Adelaide, Australia. As for the next decade, it's impossible to know how long the economic downturn due to the coronavirus will last, but "gains in wealth are likely to be delayed," Wealth-X predicts. Singapore was Asia's top city by nominal gross regional product per capita in 2015 and will maintain that position in 2030, according to JCER's Medium-Term Asian Economic Forecast for 2018 through 2030, released on Wednesday. Among the newcomers was Jos Neves, a citizen of Portugal and founder of online luxury fashion retailer Farfetch, whose stock increased 500% in the past year. The financial services sector in Luxembourg is very developed; Luxembourg is a tax haven, and attracts money from all over the world, while citizens of many European countries choose this country to live after retirement, bringing in all their money and investments. 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. Cherry Hills Village, Colorado 5. 8. In addition, many of the wealthy choose to live and vacation in places such as the Caribbean, Hawaii, and other tropical islands. Computers, auto vehicles, medicines, fashion and clothing, technology, and machinery are some important exports of the United States. the neighborhoods in these places are super safe, the schools are producing, and there's a lot to do. The richest countries in the world also have poor people living within their borders, just as poor countries also have extremely wealthy citizens enjoying their plunder while the rest of the country wallows in lack and deprivation. Yanukovych fled to Russia and Ukraine embarked on a democratic political transformation with an ambitious program to root out corruption. Zhang Yiming, Founder of ByteDance, in Beijing, China. 1. According to Forbes Real-Time Billionaires Rankings, as of February 2020, New York City is the American city with the most billionaires, with 82 billionaires. 1. With its cheaper real estate, thanks in part to an undiminished stock of towering Soviet-era apartment buildings, the left bank is home to many of 2023 Honorary Worlds Best City Kyivs families. In 2020, New York had the largest number of ultra wealthy individuals (UHNW), reaching 11,475 people. 6. It is on the northeastern coast of the Arabian Peninsula, and its nearest neighbor is Saudi Arabia to the south, while the rest of the country surrounded by the Persian Gulf.