World’s 15 Richest Cities In 2017: New York, London, And Tokyo, Tops List

With a total wealth of $3 trillion, New York, the economic hub of the United States, became the wealthiest city in the world, according to the New World Wealth.

London followed America’s financial capital, New York, with a total wealth of $2.7 trillion — Tokyo (3rd, $2.5 trillion), San Francisco Bay area (4th, $2.3 trillion), and Beijing in China (5th, $2.2 trillion), says a report.

Others in the top 10 richest cities around the globe list include:  Shanghai (6th, $2 trillion), Los Angeles (7th, $1.4 trillion), Hong Kong (8th, $1.3 trillion), Sydney in Australia (9th, $1 trillion), and Singapore (10th, $1 trillion).

The total wealth of a city includes the private wealth of all individuals in the city. The government funds are excluded from the figures.

Additionally, Chicago was ranked 11th on the list with $988 billion wealth, followed by India’s financial capital Mumbai (12th richest city in the world) – with a total wealth of $950 billion. Surprisingly though, Paris came in 15th with $860 billion.

The leaders running the biggest cities in the world are competing to label their city the “next Silicon Valley.”

From New York to Singapore, London to Mumbai, there’s a race to create the “next Silicon Valley” that will lure the very best minds and investors with the deepest pockets.

The 15 richest cities in the world:

1. New York (United States): $3 trillion
2. London (United Kingdom): $2.7 trillion
3. Tokyo (Japan): $2.5 trillion
4. San Francisco Bay area (United States): $2.3 trillion

   

5. Beijing (China): $2.2 trillion

   

6. Shanghai (China): $2 trillion

   

7. Los Angeles (United States): $1.4 trillion

   

8. Hong Kong: $1.3 trillion

   

9. Sydney (Australia): $1 trillion

   

10. Singapore: $1 trillion

    

11. Chicago (United States): $988 billion

    

12. Mumbai (India): $944 billion

    

13. Toronto (Canada): $944 billion

    

14. Frankfurt (Germany): $912 billion

    

15. Paris (France): $860 billion

    

This report/news/ranking/statistics has been prepared only for general guidance on matters of interest and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, CEOWORLD magazine does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.

Email Address*

Name