The Top 15 Cities Globally Hold $24 Trillion In Wealth: Chart

Ted

FYI: Which cities are the world’s economic powerhouses, and what portion of global wealth is located in these key urban centers?

Today’s chart pulls information from the latest report from market research firm New World Wealth, which we previously cited weeks ago when we visualized the shift in global wealth over the last decade.
Regards,
Ted
https://www.visualcapitalist.com/top-15-cities-globally-hold-24-trillion-wealth/

msf

Somewhat related: Why Big Cities Thrive, and Smaller Ones Are Being Left Behind, NYTimes, Oct 10, 2017:

... another cleavage dividing the haves from the have-nots across the United States: geographic inequality.

Whether they rely on steel mills or coal mines, or a hospital or a manufacturing plant, small metropolitan areas are having a hard time adapting to economic transitions. ...

Some of the advantages of big-city living are not hard to find. For starters, big cities have a greater variety of employers and thus more job opportunities in a richer mix of industries than do small cities, whose fortunes are often tied to those of just a small number of employers.

Bigger cities are more productive. They are more innovative. They draw better-educated workers by offering them higher wages. They develop a richer variety of industries. It should not be surprising that they are growing faster.

It was not always so ...