Executive Education

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


Dr. Amarendra Bhushan Dhiraj
CEO and editorial director of the CEOWORLD magazine, an extensively kudized author, noted journalist, syndicated columnist, and ostensible entrepreneur. Follow him on Twitter, Facebook or connect on LinkedIn.