THE RICHEST CITIES IN THE WORLD

Usually to determine the richest city in the world use such an indicator as the gross domestic product (hereinafter - GDP). Today, the world's largest megacities have powerful economies that can be the envy of very developed countries. The same applies to the number of population. For example, in Moscow alone, there are more than 12 million people, twice as many as in the three Baltic countries taken together. Given the current level of GDP, let us highlight the ranking of the top 10 richest cities in the world in 2021.

LIST OF RICHEST CITIES IN THE WORLD

CITIES GDP ($ BILLION)
1. Tokyo (Japan) 1,520
2. New York (US) 1,210
3. Los Angeles (US) 789.7
4. Seoul (Republic of Korea) 779.3
5. London (England) 731.2
6. Paris (France) 669.2
7. Osaka (Japan) 654.8
8. Chicago (USA) 524.6
9. Moscow (Russia) 520.1
10. Shanghai (China) 516.5

TOP 10 RICHEST CITIES IN THE WORLD

1.Tokyo, Japan (GDP – $1,520 billion)

Tokyo

The richest city in the world in 2021 is Tokyo. According to various estimates, the Japanese capital is home to 13.1 to 13.7 million people. It is the largest urban economy on the planet. The industrial, cultural and scientific core of Japan is home to some of the world's most famous companies. Along with New York and London, Tokyo is the world's leading financial center.

2.New York, USA (GDP – $1,210 billion)

Tokyo

New York City's economy includes such industries as art, finance, medicine, fashion, media, high tech, education, entertainment and many others. It is one of the most popular and dynamic cities in the world with many attractions and opportunities. The average salary in New York City exceeds $60,000 a year. The population is about 8.6 million people.

3.Los Angeles, USA (GDP – $789.7 billion)

Tokyo

The top three richest cities in the world include another American metropolis, Los Angeles. The budget revenues of the City of Angels are generated by tourism, medicine, information technology, scientific research, the financial and banking sector, the movie industry and the music industry. It is the center of American pop culture. Los Angeles is now home to just over 4 million people.

4.Seoul, Republic of Korea (GDP – $779.3 billion)

Seoul

Seoul is the capital of the Republic of Korea and is the largest cultural, financial, scientific and political center in the country. According to different data, the city's population is about 10.6-10.9 million people, including about 360 thousand foreigners. Here are the headquarters of the largest corporations, including Kia, Hyundai, Samsung and LG Electronics, providing jobs in Seoul tens of thousands of specialists.

5. London, England (GDP – $731.2 billion)

London

London is one of the three most visited cities in the world. Every year more than 19 million people come to the British capital at least for one night. The population of London is about 9.2 million. It is the largest city in the European Union and the most important center of trade, finance and international business. Not surprisingly, hundreds of thousands of foreigners are interested in finding work in London.

6.Paris, France (GDP – $669.2 billion)

Paris

According to many reputable travel companies and reviews of ordinary people from different countries, Paris is the most beautiful city in the world. In addition, the French capital has great financial resources, the lion's share of which is formed by the tourism industry. In general, this city generates about 25% of the country's GDP. The population of Paris is about 2.2 million people.

7. Osaka, Japan (GDP – $654.8 billion)

Osaka

The ranking of the top 10 richest cities in the world includes two settlements from Japan. While the capital of Tokyo deservedly takes the first place, one of the oldest Japanese cities - Osaka is in a worthy seventh position. It is the commercial, shipping, industrial, transport and communications center of western Japan. The population of Osaka exceeds 2.6 million people.

8.Chicago, USA (GDP – $524.6 billion)

Chicago

Chicago is the third U.S. metropolitan area on the list of the ten richest cities in the world with a population of about 2.7 million people. In addition to major U.S. corporations such as United Airlines, Boeing and Sears, more than 1,800 companies from abroad are located here. Economic development is driven by dozens of industries, including food processing, insurance, transportation, financial and trade services.

9.Moscow, Russia (GDP – 520.1 billion dollars)

Moscow

Excluding Turkish Istanbul, Moscow is the largest population center in Europe with a population of over 12 million people. It is the main scientific, educational, cultural, industrial, economic, financial and banking center of the country. Place of concentration of big Russian business. Moscow is often listed as one of the most expensive cities in the world.

10. Shanghai, China (GDP – $516.5 billion)

Shanghai

The representative of China, Shanghai, closes the ranking of the richest cities in the world. It is the global financial center and one of the most important transportation hubs, which is located the busiest container port in the world. The population of Shanghai exceeds 24 million people. Up to 800 financial institutions operate in the city, 170 of which have foreign investment.

In conclusion, we note that in the richest cities in the world live very wealthy people. For example, according to the authoritative company New World Wealth, in each of the ten richest cities in the world are concentrated private assets ranging from 1 to 3 trillion dollars.

If the rating is made taking into account only this indicator, the ten richest cities in the world include Singapore, Sydney, Hong Kong, Los Angeles, Shanghai, Beijing, Silicon Valley, Tokyo, London and New York. That is half of the above, except for Moscow, Osaka, Paris, Seoul and Chicago.

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