The global economy has many drivers, but some of the most important include population growth and economic development.
Population growth drives demand for goods and services, boosting economic growth. Economic activity also creates new jobs and opportunities, which attracts more people to the workforce.
Ultimately, it is crucial for any city aspiring to become richer to focus on ensuring all of these elements are present so that residents can enjoy high levels of prosperity.
Richest Places in the World
According to a recent study by Forbes, the five richest cities in the world are Tokyo, New York City, Los Angeles, London, and Paris.
These cities have a combined GDP of $2.4st trillion, equating to more than double that of second-place San Francisco.
They also benefit from high income and property values thanks to their stable governments and reliable financial systems.
While some other countries may be able to boast of having wealthy citizens, none can match what is available in these select global hubs.
50 Richest Cities in the World
According to Forbes, the following are the wealthies cities in the world.
#1. – Atlanta, Georgia
Atlanta is a bustling southern city with plenty to offer its residents and visitors. The downtown area features some of the most popular attractions in the state.
In addition to its downtown businesses, Atlantans also enjoy visiting some of Atlanta's suburbs, such as Sandy Springs or Dunwoody, for shopping malls or golf courses.
#2 – Bangkok, Thailand
With over 12 million people, Bangkok is one of the richest cities in the world and one of Southeast Asia's largest and most populous cities. It's also a significant tourist destination, with many unique attractions that make it a great place to live or visit.
Some of the biggest draws include beautiful temples and palaces, lively nightlife districts like Patpong, world-famous shopping malls like Siam Paragon and Central World Mall, and abundant seafood restaurants.
#3. – Beijing, China
Beijing is often considered one of Asia's most exciting and dynamic cities. It's home to a rich history dating back more than 2,000 years, and it has been steadily growing in both size and stature since then.
Today, Beijing is known for its world-class architecture, fascinating culture, and lively nightlife. The city also offers endless opportunities for exploring different corners of China and making new friends from around the globe.
#4. – Boston, Massachusetts
Boston, MA, is one of the wealthies city in the world known for its history and culture. It was once the capital of Massachusetts and had many historical landmarks, like the Freedom Trail, Fenway Park, and Beacon Hill.
Most people know Boston as the home of Harvard University and its famous athletes, such as LeBron James and Tom Brady.
However, this city also has plenty of other attractions that should not be missed, including world-renowned museums like The Louvre or The White House Historical Association Museum.
#5. – Buenos Aires, Argentina
Buenos Aires is a megacity with over 12 million people and continues to grow at an alarming rate. It's the capital of Argentina, which has a population of around 46 million people.
The city of Buenos Aires is known for its vibrant culture, beautiful architecture, and abundance of sporting events and entertainment options.
It also has some great natural attractions, like Iguazu Falls and Puerto Madero Beach, that make it worth visiting even if you're not interested in touring the city.
#6. – Chicago, Illinois
Known as the “Windy City,” Chicago is a historic and cosmopolitan city home to world-renowned museums, lush parks, and lively nightlife. With a population of over 2 million people, it offers something for everyone who visits.
From architecture lovers' paradises like the Illinois Institute of Technology (IIT) or Columbia College to shopping addicts like Magnificent Mile or Lincoln Park Zoo, there's plenty to see and do in Chicago.
#7. – Chongqing, China
Chongqing, also known as Chongqing Municipality or just Chongqing, is a major city in Southwest China that sits on the upper reaches of the Yangtze River.
With a population of over 31 million people and an area of over 460 square kilometers (175 sq mi), it ranks as one of the world's largest cities.
UNESCO has designated it a World City worth preserving for its significance to global commerce, culture, politics, and technology.
#8. – Copenhagen, Denmark
Copenhagen, Denmark, is a vibrant and cosmopolitan city known for its art and architecture since the Middle Ages.
It's also home to some of Europe's most popular tourist attractions, including the Tivoli Gardens, Rosenborg Castle, Amalienborg Palace, and Christianshavn.
Today, Copenhagen is considered one of the world’s leading cities regarding sustainability and environmentalism.
The municipality has made significant progress in reducing energy consumption by doubling on green initiatives like bike-sharing programs and lighter building codes promoting natural lighting over artificial light.
#9. – Dallas–Fort Worth, Texas
Dallas-Fort Worth is one of the most diverse and dynamic cities in America. It is home to world-renowned institutions like The University of Texas at Dallas, American Airlines Center, and AT&T Stadium.
There are also plenty of cultural attractions like the Arts District, Dealey Plaza, where John F Kennedy was assassinated, and Six Flags Over Texarkana.
The city has many high-quality jobs thanks to its thriving business sector. Fortune 500 companies such as Exxon Mobil Corporation and JP Morgan Chase.
#10. – Delhi, India
Delhi is one of the most important cities in India and has a rich history that goes back more than two thousand years.
As the capital of India, Delhi plays an essential role in national politics and is home to numerous governmental institutions.
The city also functions as a major commercial center and is known for its vibrant culture and high standard of living. With so much to see and do, Delhi should not be missed when traveling to India!
#11. – Dhaka, Bangladesh
We know Dhaka as the capital and largest city of Bangladesh. With a population of over 15 million people, it's one of the world's most populous cities.
It has undergone rapid growth in recent years as an important commercial center and transportation hub.
It is one of the most exciting places to live and work. Its cosmopolitan culture and diverse heritage make it a fascinating destination for tourists.
#12. – Geneva, Switzerland
Geneva, sometimes called the city of light, is home to many world-renowned institutions, such as the United Nations and International Red Cross.
It is also known for its art and cultural scenes, which include architectural masterpieces like La Miserere and the Sistine Chapel.
The economy of Geneva remains strong despite global economic uncertainties thanks to a tolerant population that welcomes businesses from all over the world.
Besides being a great place to live, work, and invest in property or stocks – it's even becoming an attractive tourist destination, with new luxury hotels popping up every year.
#13. – Guangzhou, China
Guangzhou, located in southeastern China, is the capital of Guangdong Province and one of the most populated cities in mainland China. It has over 12 million people and is considered one of the “national engines” for economic development.
The city's history dates back more than 2,500 years, and its strategic location at the mouth of the Yangtze River made it an important trade hub during ancient times.
It remains an important commercial center with major industries, including shipping, telecommunications, information technology, manufacturing (particularly electronics), tourism, and food processing, in addition to its traditional strengths in these sectors.
Guangzhou is also emerging as a leading financial center due to its robust regulatory environment and wide range of services offered by multinationals.
For residents who enjoy engaging with their surroundings, Guangzhou offers plenty to see and do, such as traveling along charming riverside promenades or exploring elaborate ruins from centuries past.
#14. – Hangzhou, China
Hangzhou is a beautiful city located in eastern China, and it has rapidly grown in popularity over the past few years. This bustling metropolis features lush forests, picturesque waterways, ancient monuments, and state-of-the-art urban facilities.
It is also home to world-class universities and popular tourist destinations in China.
#15. – Hong Kong, China
Hong Kong is a spectacular city full of rich history and culture. Situated on the southern coast of China, it has been an important trading hub since the 17th century.
Today, it is one of the most diverse and cosmopolitan cities in Asia, with a population numbering over 7 million people.
The city's economy relies heavily on services and trade, making it one of the world's leading financial centers.
It also has a thriving entertainment industry that includes stars such as Jackie Chan and Stephen Chow. From its busy streets to its luxurious waterfront area, Hong Kong fascinates anyone who visits!
#16. – Istanbul, Turkey
Istanbul a city full of history and culture. Today, it's one of Europe's most popular tourist destinations due to its rich architecture and diversity of cultural experiences.
From shopping in the bustling bazaars to exploring historic sites like Sultanahmet Square or Topkapi Palace Museum, there is something for everyone in Istanbul. And if nightlife is your thing, head to trendy clubs like Gümrüktepe or Reina Nightclub.
#17. – Jakarta, Indonesia
Jakarta, Indonesia, is a metropolis of over 10 million people and one of Asia's most rapidly growing cities.
The city of Jakarta suffers from some of the same problems that other megacities experience, such as pollution, overcrowding, inadequate infrastructure, and crime rates that are on par with global standards.
It has made significant strides in recent years by implementing innovative solutions like SkyBridge Jakarta, which enables residents to commute directly into the city via a high-speed rail link.
#18. – London, United Kingdom
London, UK is one of the wealthiest places in the world, and for a good reason. Here you will find a wealth of history, architecture, and culture that cannot be found anywhere else.
The city has been around since Anglo-Saxon times and has evolved into what it is today through many wars and skirmishes with other cities over control of trade routes.
Its flourishing economy has also led to a thriving arts community: from theater productions to exhibitions featuring cutting-edge artworks, there's never been a better time to visit this magnificent City!
#19. – Los Angeles, California
Known as the ” Entertainment Capital of the World,” Los Angeles is home to world-renowned Hollywood stars, movie studios, top-notch medical facilities, and universities.
The city has a storied history dating back over three centuries and is known for its warm climate year-round. LA also offers an extensive array of cultural experiences, from shopping in trendy boutiques to admiring priceless artwork at museums.
Whether you're looking for excitement or tranquility, there's something for everyone in this bustling metropolis!
#20. – Luxembourg City, Luxembourg
Luxembourg City is a vibrant and cosmopolitan city home to numerous notable people and events. It was first settled in the 6th century by the Celts, but it did not develop as an urban center until after its capture by Napoleon Bonaparte in 1794.
Since then, Luxembourg City has become one of Europe's most fashionable and prosperous cities.
Today, it serves as the financial capital of Luxemburg thanks to its strong economy and stable government.
Luxembourg City is known for being a cultural hub with world-renowned museums such as Musée d'Orsay and Kunstmuseum Bern (both part of Centre Pompidou).
#21. – Madrid, Spain
Madrid is one of the most vibrant and culturally rich cities in Europe. Rich history, diverse culture, and fantastic architecture make it a must-see destination for anyone visiting Spain.
The city is home to some world-renowned landmarks such as the Royal Palace of La Casa de Campo, Prado Museum, Las Ramblas district, Calle Mayor street grid, Gothic cathedral (Catedral Brasiliense), and many more.
#22. – Melbourne, Australia
Melbourne is a city located in the state of Victoria, Australia. Known for its rich cultural heritage and world-class arts scene, Melbourne has consistently been one of the fastest-growing cities in Australia.
With a population of more than 4 million, it is also one of the most populous Australian cities.
The city's main attractions include various art galleries and museums, such as the Melbourne Museum and The National Gallery of Victoria, as well as numerous shopping outlets that offer everything from luxury clothes to high-end electronics.
#23. – Mexico City, Mexico
Mexico City is the largest and most populous city in Mexico, with a population of over 20 million people. The municipality spans an area of 1,967 km2 and is divided into 22 boroughs.
It’s home to some of the world’s best-known attractions, including Chapultepec Park, Aztec Ruins, Metropolitan Cathedral, Reforma Avenue Shopping District, and Templo Mayor Museum, amongst others.
In recent years, it has also been experiencing rapid development as businesses move in to take advantage of its expanding market potential.
#24. – Miami, Florida
Miami is a charming city located in Central Florida. It has been designated a historic district and features many architectural styles, including Spanish Revival, Italianate, and Classical Revival.
The city has also been home to many prominent figures, such as George Washington and Thomas Edison.
We know Miami for its warm climate year-round (with average temperatures of 74 degrees Fahrenheit), beautiful parks system, numerous festivals and events throughout the year, thriving arts scene, and relaxed vibe.
#25. – Milan, Europe
Milan is a city with a rich history and impressive architecture. This beautiful metropolis has developed into one of the world's leading fashion, cultural, and business centers.
It is home to some of Europe’s most iconic landmarks, such as the Duomo church, La Scala opera house, and Pirelli headquarters. Milan also features many incredible restaurants, shops, and galleries.
#26. – Moscow, Russia
Moscow is a major city in Russia and one of the world's most famous capitals. It has been home to many notable historical figures, such as Lenin, Stalin, and Gorbachev. The city is also known for its lavish culture and opulent architecture.
Moscow has an extensive transportation system that makes it easy to get around town. Despite its size, there isn't a lot of tourist activity in Moscow due to the ongoing political tensions between Russia and neighboring countries like Ukraine.
However, you can still visit some popular landmarks like Red Square or Saint Basil's Cathedral while staying safe during your trip.
#27. – Mumbai, India
Mumbai, formerly known as Bombay, is the largest city in India and one of the most populous urban agglomerations in the world.
It is also one of the fastest-growing cities on Earth, with a population that has more than doubled over the past 20 years to over 20 million people.
This mega-city is home to traditional Indian culture and modern 21st-century amenities such as high-rise buildings and extensive infrastructure.
Mumbai remains an impressive metropolis full of endless possibilities for those who want to experience its many attractions.
#28. – Nagoya, Japan
Nagoya is a city located in the central area of Japan. It was founded in 1772 by Matsubara Sadanobu and served as the provincial capital for Hyogo until 1871 when it was elevated to a full-fledged prefectural city.
The city has since then played an important role in regional politics and industrial development throughout Japan. Today, it is one of the most rapidly growing cities in the country and holds many cultural attractions worth exploring.
#29. – Nanjing, China
Nanjing is a beautiful and historic city in Jiangsu province, China. It was founded as the capital of the Southern Tang dynasty in 768 AD and has been inhabited continuously since then.
The city's history is rich with culture, arts, and natural beauty. Today, Nanjing retains its traditional character while integrating modern technologies into its infrastructure to improve residents' lives.
#30. – New York, New York
Regarding population, culture, and demographics, New York City one of the richest towns in the world is second only to Tokyo worldwide.
The city has an estimated population of over 18 million and continues to grow steadily.
With so many people living in one place and all of their needs accommodated (including work, shopping, and healthcare), life can be hectic and incredibly stimulating.
From architecture to food trucks and musical performances that touch your heart or mind, there is never a dull moment when visiting or living in this vibrant cityscape.
#31. – Osaka–Kobe, Japan
Osaka, Kobe, and surrounding areas are known for their beautiful architecture and lifestyle. The city of Osaka is home to various beautiful temples, shrines, parks, gardens, and golf courses.
The city has a thriving entertainment industry with world-renowned attractions like Universal Studios Japan and Shinjuku Disneyland Resort.
Osaka is also a popular destination for tourists thanks to its many historic sites like the Umeda Sky Building and Susukino district, which both have a rich history dating back hundreds of years.
#32. – Oslo, Norway
Oslo is a vibrant and energetic city that thrives on its culture, history, and environment. It was once known as the “Paris of the North” for its high concentration of world-renowned cultural attractions.
Oslo has also been cited as one of the most livable cities in the world due to its excellent public transportation system, affordable housing, and abundant green space.
Its thriving business district spans from downtown to the Indre Aker district while Skyscrapers dominate the Central Oslo skyline with their dizzying arrays of window panes!
#33. – Paris, France
Paris, France, is known as the City of Light for a reason. This cosmopolitan city has been home to fashion designers like Christian Dior and Jean Paul Gaultier.
It boasts some of the most iconic attractions in Europe, including Notre Dame Cathedral, The Eiffel Tower (the world's tallest building), Montmartre Basilica, and the Louvre Museum.
The city is also famous for its food, including such classics as croissants at bakery Du Pain et Des Idées or steak tartare at Georges Brassens restaurant La Coupole.
#34. – Philadelphia, Pennsylvania
Philadelphia is a vibrant and historic city with much to offer its citizens. From its rich history to its many attractions, it is undoubtedly one of the most popular places in America.
With a population of over 1 million people, you're sure to be able to find something exciting and enjoyable here.
Bristling with energy thanks to an active nightlife scene and great restaurants and businesses, Philadelphia offers something for everyone.
#35. – Rhine-Ruhr, Germany
Rhine-Ruhr is a region in western Germany that was once the heart of the European coal and steel industry. As such, it has a history intertwined with those industries and contains many beautiful architectural landmarks.
Today, Rhine-Ruhr is home to several universities and corporations, as well as numerous entertainment venues – making it an exciting destination for tourists.
Additionally, its location makes it a great place to live if you want access to major markets in Europe or North America.
#36. – San Francisco, California
San Francisco is a globally-renowned city home to many notable figures, including California's first governor, George Roberts.
Today, it is one of the most iconic places on Earth and boasts some incredible attractions, including Yosemite National Park and The Golden Gate Bridge.
It also continues to be a center for innovation, with leading companies such as Facebook, Google, Twitter, and Yelp headquartered in the city.
San Franciscans are friendly and welcoming people who love their culture and enjoy spending time outdoors exploring its numerous attractions.
#37. – São Paulo, Brazil
The city of São Paulo is one of the most populous and industrialized cities in Brazil. It's also known for its vibrant cultural scene, with a wide range of arts, music, and entertainment options available to residents.
São Paulo has an extensive infrastructure that includes world-class hospitals and universities. Additionally, it is home to some of the country's best shopping districts.
The climate in São Paulo tends to be moderate year-round, making it a great place to live all year round.
#38. – Seattle, Washington
Seattle is a growing city with many attractions, making it a great place to live and work. The city has a fantastic culture that ranges from the Arts to major sporting events, and its residents are known for their passionate nature and outgoing personalities.
Seattle's economy is driven by technology, Amazon, Boeing, and other high-tech industries. Additionally, the city features world-class educational opportunities thanks to top universities like Washington State University (WSU) and Seattle Pacific University (SPU).
#39. – Seoul, Korea
Seoul, the capital and largest city of South Korea, is a bustling metropolis with endless possibilities. The city has long been known for its rich culture and history, as well as its vibrant nightlife and upscale shopping districts.
Seoul also offers an expansive range of attractions – from world-renowned historical sites to cutting-edge art galleries – that make it a popular destination for travelers from around the globe.
#40. – Shanghai, China
Shanghai, formerly known as Shanghai International Settlement and Pudong International Airport City, is an incredibly bustling city that has seen tremendous growth in recent years.
With a population of over 20 million people, it's no wonder this city is constantly buzzing with activity.
Shanghai offers a luxurious lifestyle with world-class amenities and impressive architecture that would put many other cities to shame.
The city boasts more than 5,000 different restaurants and bars and innumerable shopping experiences for tourists of all budgets.
Shanghai's transportation system is relatively efficient by international standards.
Although it can get humid during summer due to its high rainfall rate (~527 mm annually), temperatures are mild year-round, thanks mainly to its near-subtropical climate classification.
#41. – Shenzhen, China
Shenzhen is a rapidly growing city in southern China nicknamed the “City of Dreams.” The city is known for its rapid economic development, modernization, and dynamic culture.
With over 12 million people living in Shenzhen, it is one of the most populated cities in mainland China.
The city's economy is based on the electronics and information technology industries, with many multinational companies established there.
Shenzhen also has a solid commercial banking sector, and the municipality holds significant international trade fairs annually.
Cultural attractions include ancient sites such as Dafen Village, an essential part of popular Chinese Culture, and iconic landmarks like The Bund.
#42. – Singapore, Singapore
With its reliable infrastructure, stimulating economy, and top-notch education system, this city is an excellent place to live and work.
In addition to its acclaimed healthcare system and world-class public transportation network, Singapore also boasts beautiful natural amenities like plentiful rainfall and lush forests.
#43. – Suzhou, China
Suzhou, located in Jiangsu province in eastern China, is known for its beautiful landscape and traditional architecture. It was once a thriving center of trade and commerce that attracted many merchants and artisans from neighboring provinces.
Today, Suzhou remains an important economic hub thanks to its strong industrial base and creative industries.
Many tourists visit Suzhou to see the historic cityscape, including the Grand Canal dating back over 2,000 years and numerous gardens dotting the various districts.
#44. – Sydney, Australia
Sydney, located in the southeastern corner of Australia, is a global city with many attractions that make it an ideal place to live or work. Its clean and fresh air, fertile soil, and mild climate are some of the factors that have helped this metropolitan area proliferate over the years.
This Australian city has a rich history dating back over two centuries, and its cultural diversity is displayed in everything from its cuisine to its entertainment scene.
Sydney's world-class universities offer unique educational experiences for students from all around the globe.
#45. – Taipei, Taiwan
Taipei, the capital of Taiwan and one of the world's most important financial centers, has many attractions. The Meilin District, in particular, has plenty to offer visitors, both old and new.
With its traditional Chinese architecture mixed in with modern-day sights such as gleaming skyscrapers, Taipei is a fascinating place to explore on foot or by bike.
If sightseeing isn't your thing, but the food is your top priority ( Chang Fu foods abound here), then head to Yuanshan National Forest Park for a hike or picnic lunch surrounded by nature's beauty.
#46. – Tianjin, China
Tianjin is a rapidly growing city located in eastern China. It is the largest city in northern China and has been designated as an administrative center for Beijing Municipality.
The attractions of Tianjin include its natural beauty, historical sites, and thriving cultural scene. The city also has several impressive modern landmarks, including the world's only operational facility for large aircraft such as Airbus A380 and Boeing 777 jets.
#47. – Tokyo, Japan
Tokyo, Japan, is one of the world's most populous and vibrant cities. It is home to over 38 million people living in various districts distinguished by their unique culture and history.
We know the city of Tokyo for its various other attractions, like Shinjuku Gyoen, Harajuku fashion district, Takeshita Street Shopping District, and Ueno Park, which also feature traditional gardens as some of the world's top museums.
#48. – Washington, D.C.
Washington, D.C., often referred to as the “capital of the free world,” is a vibrant and exciting city with something for everyone.
The city is also home to some of America's top colleges and universities, including Georgetown University, American University, George Washington University, and The Johns Hopkins School of Medicine.
#49. – Wuhan, China
Wuhan is a city in central China that was formerly known as Wuchang. The city has a population of 9,590,000 and covers an area of 1,916 square kilometers. It is the capital of Hubei province and one of China's ten most populous cities.
Known for its history and culture, Wuhan is renowned for its historic architecture and many large parks.
In recent years it has seen rapid growth as an economic hub due to its favorable business environment and proximity to major transportation routes such as the Beijing-Shanghai high-speed rail line.
#50. – Zurich, Switzerland
Zurich is a global city with a rich history and vibrant culture. It has been called the “Salt of the Earth” for its essential role in trading goods and services across Europe, Asia, and North America.
As one of Switzerland's largest cities, Zurich is home to many world-renowned institutions, such as the University of Zurich, founded by Protestant reformer John Calvin in 1559.
