Tokyo named the world’s second wealthiest city in 2023 (2024)

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How many billionaires live in Tokyo? ›

Tokyo. Tokyo has 290,300 resident millionaires, 250 centi-millionaires, and 14 billionaires.

Musk was also the world's richest person for most of 2022—until December 2022, when a drop in Tesla's share price pushed down the value of his fortune. Musk became the world's richest person again on June 8, 2023 and held onto the number one spot for the remainder of 2023.

Minato Ward – Home to Japan's Most Wealthy

Minato Ward is considered to be the most expensive residential area in Tokyo, and for good reason. This ward houses many of Japan's richest individuals, including Tadashi Yanai, the founder of Fast Retailing, and Masayoshi Son, the CEO of SoftBank.

The American oil magnate John D. Rockefeller became the world's first confirmed U.S. dollar billionaire in 1916. As of 2018, there are over 2,200 U.S. dollar billionaires worldwide, with a combined wealth of over US$9.1 trillion, up from US$7.67 trillion in 2017.

As of today, no billionaire is within striking distance of becoming a trillionaire. Elon Musk is, at present, the world's richest person, with a net worth of $206 billion, while Jeff Bezos is in the number two position with $179 billion, according to Bloomberg.

Zuckerberg's total net worth of $178 billion surpassed Musk's $170 billion as of Friday, according to Bloomberg's Billionaire Index.

Previously, she wrote about pop culture and entertainment at Gawker. In a major win for the intersection of art and capital, Taylor Swift has officially become a billionaire.

The reasons are obvious: zero taxation rates; highly developed infrastructure; low levels of street crime; a great deal of sun; affordable apartments aplenty; and increasingly cultural attractions such as the Louvre in Abu Dhabi and the Dubai International Book Festival that boasts some of the world's top-selling ...

Key Findings. California is home to the most rich retirement towns. Five ranked cities are in the Golden State: Rancho Palos Verdes, Laguna Beach, Walnut Creek, Cerritos and Novato. Florida has the second-most rich retirement towns, with four cities listed: Lakewood Ranch, Palm Valley, Naples and Palm City.

Is Tokyo one of the richest cities? ›

New York tops the list, with the highest number of millionaires in 2023 at 340,000. Tokyo, which had held that top spot for the last ten years or so, comes second, with more than 290,300 millionaires, and San Francisco, with almost 285,000 millionaires, rounds off the podium.

1. Minato Ward: Tokyo's Ultra Luxury Living. Minato Ward, Tokyo's crown jewel, hosts the most exclusive residences for Japan's wealthiest individuals.

Den-en-chōfu, located in Ota ward, is one of Tokyo's most prestigious and exclusive neighborhoods, where business executives and celebrities alike reside. Despite being located 10 km away from the bustling city center, the area boasts natural parks and greenery, providing a serene escape from the city's chaos.

The top 10 most expensive cities are, in order from rank 1 to rank 10: Hong Kong, Zurich, Geneva, Basel, Bern, Tel Aviv, New York City, Singapore, Tokyo, Beijing. The 10 least expensive cities are, in order from rank 218 to 227: Algiers, Almaty, Tunis, Tashkent, Istanbul, Karachi, Islamabad, Dushanbe, Bishkek, Ankara.

1. Tadashi Yanai & family. Tadashi Yanai, born in 1949, is a self-made male billionaire with a net worth of $32.6 billion in 2023, ranking 39th wealthiest person in the world.