Cash City Capitals: The 20 Richest Metropolises Across the Planet
- by Ned K.
- 🔥
Prosperity thrives in these locales: Unveiling the 20 wealthiest cities globally. - Prosperity Lives Here: Identifying the 20 Wealthiest Cities Globally
The wealth of a city, huh? Let's take a peek under its hood, shall we? For the eagle-eyed folks in ol' Germany, economic institutions like GfK offer an insight into costs and income, but folks elsewhere are left to their own devices. So, they count the number of billionaires and, voila, conclude the crème de la crème cities ain't all that shabby.
But hey, that ain't always the case. Witness India: Mumbai and Delhi - home to 50 billionaires - yet the resident populace ain't exactly swimming in cash.
Billionaire Boom Time
Enter Henley & Partners, the posh visa consultants for the uber-wealthy. They've got a comprehensive list of cities boasting the most super-rich inhabitants[1]. These days, the rate of billionaire growth is what really weighs in, not just the sheer number of millionaires and billionaires.
Crazy, right? Last year, the worldwide billionaire count surged by 141 to smash the 2781 mark. That's one bloke reaching the top-tier roughly every 2.5 days. And over the past two decades, their numbers have practically quadrupled! The big boys and girls at the top remain French entrepreneur Bernard Arnault, Amazon boss Jeff Bezos, and Tesla CEO Elon Musk[1].
More Drips from this Tap
- Wealth
- Wealth Generators
- Mega-Metropolises
- Cash Cows
[1] Capgemini World Wealth Report 2020[2] May 2020 Forbes Billionaires List[3] April 2020 Henley & Partners Wealth Report 2021
- The growth rate of billionaires is a significant factor in identifying the wealthiest cities, as shown by the Henley & Partners Wealth Report 2021.
- Employment policies in these cities might play a crucial role in attracting and retaining wealthy individuals, contributing to the growth of billionaires.
- Effective wealth management, finance, and investing strategies could be beneficial for individuals looking to join the ranks of the super-rich in these mega-metropolises, fostering personal-finance growth and prosperity.
