Despite various economic problems worldwide throughout many countries these days, the cost of living is increasing, probably due to the the advancement of technology and a greater trend towards migration in search of jobs, and ultimately competition for living places. The biggest beneficiaries of this are large Cosmopolitans and Metropolitans around the world, mostly in developed countries. Earlier, we shared a list of the top 10 richest countries right now. But do you know what the richest cities in the world are at the moment? Predictably, some of these are within the richest countries we listed, so that explains their presence in today’s list. But there are some cities that have made it despite odds, even though they lie within not-so-well-off countries. And the development within has made them major hubs for tourist attraction. So, here goes this year’s list of the top 10 richest cities. Enjoy 🙂
A city’s wealth is judged by its GDP (Gross Domestic Product), which is a measure of all the goods and services produced domestically. It also takes into account some major factors such as population, cost and standard of living, economic vitality, research capability, political influence, income and consumption, and so on. Now of course, no such large metric is ever completely accurate, owing to the fact that there are varying levels of inflation between countries. And there are other geographic and cultural factors to be considered. For example, the cost of the simplest of things, such as wheat, might be higher in one city than another due to difference in supply and demand, and availability, including import capacity for that country. So it is really hard to say what a city is actually worth. But we can rank them according to rough estimates of GDP. So, here’s our ranking of the top 10 richest cities in the world!
1. Tokyo
- Country: Japan
- GDP: $1,520 Billion
- Area: 2,187.66 km2
- Population: 13,185,502
- Time Zone: UTC + 9
2. New York
- Country: U.S
- GDP: $1,210 Billion
- Area: 1,213 km2
- Population: 8,244,910
- Time Zone: UTC – 5
3. Los Angeles
- Country: U.S
- GDP: $789.7
- Area: 1,302 km2
- Population: 3,792,621
- Time Zone: UTC – 8
4. Seoul
- Country: S. Korea
- GDP: $779.3 Billion
- Area: 605.21 km2
- Population: 10,581,728
- Time Zone: UTC + 9
5. London
- Country: England
- GDP: $731.2 Billion
- Area: 1,570 km2
- Population: 8,173,194
- Time Zone: UTC + 0
6. Paris
- Country: France
- GDP: $669.2 Billion
- Area: 105.4 km2
- Population: 10,413,386
- Time Zone: UTC + 1
7. Osaka/Kobe
- Country: Japan
- GDP: $654.8 Billion
- Area: 552.26 km2
- Population: 1,545,410
- Time Zone: UTC + 9
8. Chicago
- Country: U.S
- GDP: $524.6 Billion
- Area: 606.1 km2
- Population: 2,707,120
- Time Zone: UTC – 6
9. Moscow
- Country: Russia
- GDP: $520.1 Billion
- Area: 2,510 km2
- Population: 11,503,501
- Time Zone: UTC + 4
10. Shanghai
- Country: China
- GDP: $516.5 Billion
- Area: 6,340.5 km2
- Population: 23,019,148
- Time Zone: UTC + 8
There goes number 10. Hope you liked this list. If you have questions, feel free to ask. We’d be glad to help :). You might also like to check out some more of our top 10 lists;
this is not true at all, the US is fast becoming a 3rd world, the elite sucked all the country’s money, more and more americans loose their jobs, people there depend on loans….the true rich are those countries in the middle east, american steals from others’ riches