19 Apr, 2023

World

2023’s Top 10 Wealthiest Cities Around The World

By FactsWow Team

New York City 

New York, also known as the 'Big Apple,' boasts around 340,000 millionaires, 58 billionaires, and 724 cent millionaires. It is called the financial hub of the USA, includes the two biggest stock exchanges, the Nasdaq and the NYSE, and features Fifth Avenue streets in Manhattan. 

Media Credits: World Zoroastrian Congress

Tokyo 

Tokyo includes 14 billionaires, 250 cent millionaires, and 290, 300 residential millionaires. It is the home of the least billionaires and shows the wealth is allocated to lower-tier and middle classes of Millionaires. It comprises cities like Softbank, Honda, Sony, Hitachi, and Mitsubishi. 

Media Credits: Encyclopedia Britannica

The Bay Area 

The Bay Area is known for the cities of Silicon Valley and San Francisco. It is home to 629 cent millionaires, 285000 millionaires, and around 63 billionaires. It is flourishing with the top tech organizations such as Cisco, Apple, Adobe, Facebook (Meta), HP, Linkedln, Google (Alphabet), PayPal, Uber, Twitter, Zoom, and Yahoo. 

Media Credits: Japanese Fashion Fandom

London 

London remained the top city for Millionaires in 2000. It is growing wealthy because of the world's best exclusive housing suburbs, such as Mayfair, Hampstead, Chelsea, Belgravia, St. Johns Wood, and Regents Park. It has 384 cent millionaires, 36 billionaires, and 258000 millionaires. 

Media Credits: www.history.com

Singapore 

Singapore is known as the top business-friendly city in the world. It is the best destination to migrate, and it includes 2800 folks who shifted there in 2022. The city is blooming with 329 cent millionaires, 27 billionaires, and 240, 100 millionaires. 

Media Credits: National Geographic

Los Angeles 

Los Angeles includes around 480 centi-millionaires, 42 billionaires, and 205, 400 millionaires. The wealth is accumulated in areas such as the City of Los Angeles, Malibu, and Beverly Hills. Key industries driving regional wealth include media, entertainment, real estate, tech, transport, and retail.

Media Credits: CoStar

Hong Kong 

Hong Kong is thriving with 290 centi-millionaires, 32 billionaires, and 129, 500 millionaires. The city-state remains a top financial hub in the world, home to many of Asia's wealthiest businesspeople. The Hong Kong Stock Market is also one of the most important stock exchanges globally.

Media Credits: Encyclopedia Britannica

Beijing

Beijing is home to 354 centi-millionaires, 42 billionaires, and 128 200 millionaires. It is known as China's official capital city and the base of the biggest companies around the world. Its millionaire population is high in the Bay area and New York City. 

Media Credits: TripSavvy

Shanghai 

Shanghai, known as China's financial capital, has 332 centi-millionaires, 40 billionaires, and 127 200 millionaires. The Shanghai Stock Exchange ranks globally as the third-largest stock market by market capitalization, following the Nasdaq and the NYSE.

Media Credits: Encyclopedia Britannica

Sydney 

Sydney boasts wealthy folks, around 184 centi-millionaires, 15 billionaires, and 126, 900 millionaires. It is home to the most elite suburbs, such as Darling Point, Bellevue Hill, Vaucluse, and Point Piper. It has the strong wealth growth for the last 20 years and has remained the richest city in the Asia Pacific district. 

Media Credits: Encyclopedia Britannica

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