Tokyo
Tokyo is the capital city of Japan, which
the third richest country in the world. Despite the slow-down on
Japanese economy due to natural disasters and international competition
for its manufactured products, Tokyo is still at the top spot with a GDP
of $1479 Billion! It is considered as one of the three
command centers of the world, others being New York City and London. In
2009, it was declared as the most expensive city in the world in terms
of living costs.
New York City
With a GDP of around $1406 Billion, more
than that of India, New York truly showcases the economic might of the
world’s richest country (U.S.A). By market capitalization, New York Stock Exchange
is the largest stock exchange in the world. It is said to be the center
of the world, with most of major banks and other organizations of the
world headquartered in it.
Los Angeles
L.A, the city of Angels, is another major city in terms of science, technology, media, culture, trade etc. It has a GDP of $592 Billion which, although not at par with NY and Tokyo, is still a sum to reckon with.
Chicago
Chicago is another american city that is a center for trade. It has a GDP of $574 Billion. Most importantly, it houses a lot of political activity, and is the Democratic Party’s turf. President Barack Obama comes from Chicago.
London
Capital to the world’s sixth largest economy, London boasts of a GDP of $565 Billion. It
is another financial command center of the world, housing most of the
U.K’s top organizations. London is well-known for its rich and luxurious
lifestyle. It is said to be the hub that connects the eastern world to
the western one. It houses a large population as well, which also makes
it one of the busiest city of the world. Because of so much traffic jams
and slow-moving speed of traffic (as a result of all the business),
London is sometimes informally referred to as ‘The World’s largest
car-park’ :).
Paris
The French capital is known for its
beauty, rich lifestyle, rich cultural heritage, and iconic architectural
landmarks. The world’s famous Eiffel tower, of course is situated in
Paris. Paris is considered as the world’s most beautiful city, and it
attracts more than 45 million tourists each year! And with a GDP of $813.4 billion, it generates a quarter of the whole of France’s income. It is also the second largest city in Europe.
Osaka
Osaka is considered as Japan’s commercial
capital, which is why it is also informally known as the ‘nation’s
kitchen’. It is the third largest city in Japan, after Tokyo and
Yokohama, and houses electronic giants like Panasonic, Sanyo, Sharp,
etc. It has a GDP of $417 Billion, and it plays an important part in the world’s economy.
Mexico City
Now that’s the first city in our list not belonging to the top 10 richest countries in the world. It has a GDP of $390 Billion, which is larger than some other local economies in the Latin american region. It houses 21.2 million people, making it the largest metropolitan in the region as well. Not only that, it has the honor to be the largest economy among developing countries.
Philadelphia
The fourth richest city of U.S.A is a
centerpiece to early American history, and home to many ideas that
resulted in the American Revolution and independence. It has a budget
of $388 Billion, and is home to major economic activities such as financial services, oil refining etc.
San Paulo
This is another major economy among developing nations. Possessing a GDP of $388 billion,
it is Brazil’s major commercial city. It hosts the San Paulo Stock
Exchange, the Future Markets, BOVESPA, and Cereal Market Exchange, the
second largest stock exchange market in the region.
http://www.smartearningmethods.com/2012/03/top-10-richest-cities-of-the-world-2012/
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