Here are the 10 richest cities in the world according to one study
According to report by New World Wealth, New York is the richest city where estimated total wealth i
(Web Desk) – New World Wealth released its report in which the richest cities in the world were estimated by considering the total private wealth.
The list only included those cities in its top ten ranking where the residents own combined wealth over USD 1 trillion. The study included all assets including properties, bank balance, equities, and business interests in the total private wealth. They excluded the liabilities, if any.
It contains three cities of the United States of America (USA) and two of China.
10. Singapore ($1 trillion private wealth)
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9. Sydney, Australia ($1 trillion private wealth)
8. Hong Kong ($1.3 trillion private wealth)
7. Los Angeles, USA ($1.4 trillion private wealth)
6. Shanghai, China ($2.1 trillion private wealth)
5. Beijing, China ($2.2 trillion private wealth)
4. Silicon Valley, USA ($2.3 trillion private wealth)
3. Tokyo, Japan ($2.5 trillion total private wealth)
2. London, UK ($2.7 trillion total private wealth)
1. New York, USA ($3 trillion total private wealth)
