Every year, a rating of the richest cities in the world is published - the places in which the largest number of millionaires and billionaires live. As a rule, every year this list consists of the same cities, but they are constantly changing places. Most often, the list includes cities that are the financial and business capitals of their countries and the world as a whole: these cities not only have the largest number of rich people, but also the best education, medicine, a large concentration of resources and other things.
New York
The most recognizable city in the United States is home to over 240 thousand dollar millionaires, and 740 of them have a fortune exceeding $ 100 million. There are also 69 billionaires living in New York. According to statistics, the total fortune of all citizens of the "Big Apple" exceeds $ 3 trillion - the same amount of money, for example, have all residents of some countries of the "Big Twenty".
Life in New York is extremely expensive, especially in its central parts. For example, in Manhattan and Fifth Avenue, the cost of real estate exceeds as much as $ 28,000 per 1 sq.m. Some Americans with huge fortunes prefer to live not in New York itself, but in its suburbs: Old Westbury, Greenwich, Great Neck, Sands Point. Technically, these areas are not part of New York, so billionaires from there are not included in the list, but together with the suburban rich, the city will have not 69, but 120 billionaires.
San Francisco
The city, which attracts IT specialists from all over the world, boasts 276 thousand millionaires, 632 centimillionaires - owners of fortunes of more than 100 million, as well as 62 billionaires. Many of the city's billionaires have real estate in the famous Silicon Valley – most of the rich san Francisco made their fortune in the development and production of technologies. On the territory of the California agglomeration are based the largest technological corporations of the planet: Tesla, Google, Apple and others.
Singapore
Until relatively recently, Singapore was one of the poorest cities in the region, most of whose population was engaged in fishing and making ends meet. However, now this place has become the most favorable city in the world for investment and starting a business. The number of Singaporean millionaires here is 250,000 people, and 26 citizens have billions of dollars. By the way, there are 335 centimillionaires here.
The city-state is the second largest in the world in terms of population density: 5.65 million people live in an area equal to 733 square kilometers. The first place of the rating belongs to Monaco, but Singapore may soon seize the leadership, because it invites more and more people to itself. Many of the city's residents, who have millions of dollars, are immigrants who came to Singapore to start their own businesses. In 2022, about 2500 wealthy entrepreneurs received citizenship of the island state.
Chicago
Chicago is recognized as the city with the most balanced and diversified economy in the United States – the authorities of the metropolis were able to create many strong sectors of the economy, each of which employs no more than 15% of the working population of the city. Due to the variety of sources of income, Chicago has a stable economy that will not break if one of the industries ceases to make a profit - the remaining areas will continue to bring funds to the budget.
The city, located near Lake Michigan, is home to 28 dollar billionaires, 380 centimillionaires and 160 thousand millionaires. Also, the largest companies in the world are based here: Boeing, McDonald's, Fortune 500 and others.
Beijing
The capital of the Celestial Empire is considered a financial center and the best place for entrepreneurship. It is in Beijing that more research is taking place and more developments are being created in the fields of artificial intelligence, pharmaceuticals, the military-industrial complex, medicine and other high technologies. The largest companies in China have head offices in the capital, which allowed Beijing to become a city that is home to 44 billionaires, 360 centimillionaires, 132,000 millionaires.
Sydney
The Australian metropolis, which many mistakenly consider the capital of the country, offers citizens extremely expensive housing. The continent's largest and oldest city is home to 130,000 millionaires, 188 centimillionaires and 16 billionaires. Since the beginning of the XXI century, the city has regularly improved the quality of life and well-being of the population.
Sydney accounts for a quarter of the country's economy, and the city earns a lot of money thanks to foreign tourism - more than 10 million travelers from different countries come here every year. Also in Sydney are the head offices of 90 banks, the country's largest companies, the Reserve Bank and the Australian Securities Exchange.
Frankfurt
The city, whose contribution to GDP is much lower than that of Hamburg, Munich and Berlin, boasts 14 billionaires, 161 centimillionaires and 118,000 millionaires. Frankfurt is part of twenty elements that are crucial to the global economy.
Frankfurt am Main is the richest city in mainland Europe and is also the center of culture, tourism, education and commerce in Germany. The city is home to the German Federal Bank, the Frankfurt Stock Exchange and the European Central Bank.
Zurich
Zurich is a city that is recognized as a world leader in the field of private banking services – it is here that most of the famous Swiss banks are located. Many international banks are based in Zurich, and their clients are the richest families of the planet in many generations.
In the place where the Central Bank of Switzerland and the Swiss Stock Exchange are located, there are 12 billionaires, 258 centimillionaires and 105 thousand millionaires.
Paris
The capital of France is recognized as a global financial center, which is also known for parks, museums, architecture, auctions and fashion. The richest people of the planet come here to buy paintings, sculptures, fashionable luxury clothes, try French cuisine.
Paris is home to nearly 90,000 millionaires, 15 billionaires and 121 centimillionaires. Almost all of them made their fortune in the service sector: the ownership of cafes and restaurants, hotels and hotels.
