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Richest Cities in the World

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Richest Cities in the World

Which are the richest cities in the world?

There are about 10,000 cities in the world as of 2020. In these cities are home to the largest industries, business conglomerates, business tycoons, and more. This article, we bring to you top 10 richest cities in the world with data from wealth-x

The criteria for compiling the list of wealthiest cities was based on the number of people with net worth of $5 million or more

Top 10 Richest Cities in the World

10. Dallas 

richest cities in the world

Number of individuals with a net worth of $5 million or more: 36,515
Percentage of global population: 1.2%

Dallas is a city in the U.S. state of Texas and the largest city and seat of Dallas County With an estimated 2019 population of 1,343,573, it is the ninth most populous city in the U.S. and third in Texas after Houston and San Antonio.

9. Washington, D.C.

washington DC

Number of individuals with a net worth of $5 million or more: 37,495
Percentage of global population: 1.3%

Washington, D.C. is the capital city of the United States of America. Founded after the American Revolution as the seat of government of the newly independent country, Washington was named after George Washington, the first president of the United States and a Founding Father.

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Washington has an estimated population of 705,749 as of July 2019, making it the 20th most populous city in the United States. 

8. San Francisco

richest cities in the world

Number of individuals with a net worth of $5 million or more: 39,390 
Percentage of global population: 1.3%

San Francisco is the cultural, commercial, and financial center of Northern California. San Francisco is the 16th most populous city in the United States, and the fourth most populous in California, with 881,549 residents.

7. Chicago

richest cities in the world

Number of individuals with a net worth of $5 million or more: 44,795
Percentage of the global population: 1.5%

Chicago is the most populous city in the U.S. state of Illinois and the third-most-populous city in the United States. With an estimated population of 2,693,976, it is also the most populous city in the Midwestern United States.

6. Paris

richest cities in the world

Number of individuals with a net worth of $5 million or more: 49,005
Percentage of global population: 1.7%

Paris is the capital and most populous city of France, with an estimated population of 2,150,271 residents as of 2020, in an area of 105 square kilometers (41 square miles). Since the 17th century, Paris has been one of Europe’s major centers of finance, diplomacy, commerce, fashion, science, and arts. 

Number 5 of Top 10 Richest Cities in the World

London

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Number of individuals with a net worth of $5 million or more: 50,305 
Percentage of global population: 1.7%

London is the capital and largest city of England and the United Kingdom.

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London is considered to be one of the world’s most important global cities and has been called the world’s most powerful, most desirable,  most influential, most visited, most expensive, sustainable,  most investment-friendly, and most-popular-for-work city. 

4. Los Angeles

Los Angele

Number of individuals with a net worth of $5 million or more: 71,035
Percentage of global population: 2.4%

Los Angeles is the largest city in California. With an estimated population of nearly four million people, it is the second-most populous city in the United States

Number 3 of Top 10 Richest Cities in the World

Hong Kong

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Number of individuals with a net worth of $5 million or more: 73,430
Percentage of global population: 2.5%

Hong Kong is a metropolitan area and special administrative region of the People’s Republic of China on the eastern Pearl River Delta of the South China Sea. With over 7.5 million people of various nationalities in a 1,104-square-kilometre (426 sq mi) territory, Hong Kong is one of the most densely populated places in the world.

2. Tokyo

Tokyo japan

Number of individuals with a net worth of $5 million or more: 81,645
Percentage of global population: 2.8%

Tokyo is the capital and most populous prefecture of Japan. Located at the head of Tokyo Bay, the prefecture forms part of the Kantō region on the central Pacific coast of Japan’s main island, Honshu. Tokyo is the political and economic center of the country, as well as the seat of the Emperor of Japan and the national government. The prefecture had an estimated population of 13,929,280.

Number 1 of Top 10 Richest Cities in the World

New York

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Number of individuals with a net worth of $5 million or more: 120,605
Percentage of global population: 4.1%

New York City (NYC) is the most populous city in the United States. With an estimated population of 8,336,817 distributed over about 302.6 square miles (784 km2), New York is also the most densely populated major city in the United States.

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John Mahama Net Worth

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John Mahama Net Worth

John Mahama Net Worth is $900 million. he is one of the richest men in Ghana. Mahama has served in all the political ranks in Ghana serving as MP, Deputy minister, Minister, Vice-president, President and former president all in 62 years only

John Dramani Mahama  is a Ghanaian politician who served as President of Ghana from 24 July 2012 to 7 January 2017.

He previously served as Vice President of Ghana from January 2009 to July 2012, and took office as president on 24 July 2012 following the death of his predecessor, John Atta Mills.

 Mahama is a communication expert, historian, and writer. He was a Member of Parliament for Bole Bamboi from 1997 to 2009 and served as Minister of Communications from 1998 to 2001. He is a member of the NDC (National Democratic Congress).

Mahama is the first vice president to take over the presidency from the death of his predecessor, Prof. John Atta Mills, and is the first head of state of Ghana to have been born after Ghana’s independence. He was elected after December 2012 election to serve as full-time President.

 He contested re-election for a second term in the 2016 election, but lost to the New Patriotic Party candidate Nana Akufo-Addo, in 2012. This made him the first President in the history of Ghana to not have won a second term.

In February 2019, Mahama was confirmed as the candidate of the opposition National Democratic Congress to contest in the 2020 elections, the incumbent president Nana Akufo-Addo who unseated Mahama in a 2016 election, capitalizing on an economy that was slowing due to falling prices for gold, oil and cocoa exports

John Mahama Net Worth

John Mahama net worth is estimated at 900 million making him one of the richest men in Ghana. He is the brother to Ibrahim Mahama, one of Ghana’s business tycoons. Mahama received an honorary doctorate in the field of Public Administration, from the Ekiti State University of Nigeria, formerly affiliated to the Obafemi Awolowo University in “recognition of his politico-socio economic development of Ghana and Africa at various stages of his political career

Early years

A member of the Gonja ethnic group, Mahama hails from Bole in the Northern Region. Mahama was born in Damongo in the Damango-Daboya constituency of Northern region into a political tradition dating back to the country’s First Republic.

His father, Emmanuel Adama Mahama, a wealthy rice farmer and teacher, was the first Member of Parliament for the West Gonja constituency and the first Regional Commissioner of the Northern Region during the First Republic under Ghana’s first president, Kwame Nkrumah.

John Mahama Net Worth
Imgae Source: Ghgossip

Mahama’s father also served as a senior presidential advisor during Ghana’s Third Republic under Dr.Hilla Limann who was overthrown in 1981 by Jerry Rawlings.

Mahama had his primary education at the Accra Newtown Experimental School (ANT1) and Achimota School before completing secondary school at Ghana Secondary School (Tamale, Northern region).

He proceeded to the University of Ghana, Legon, receiving a bachelor’s degree in history in 1981 and a postgraduate diploma in communication studies in 1986. As a student, he was a member of Commonwealth Hall (Legon). He also studied at the Institute of Social Sciences in Moscow in the Soviet Union, specializing in social psychology; he obtained a postgraduate degree in 1988.

Early career

After completing his undergraduate education, Mahama taught history at the secondary school level for a few years. Upon his return to Ghana after studying in Moscow, he worked as the Information, Culture and Research Officer at the Embassy of Japan in Accra between 1991 and 1995.

 From there he moved to the anti-poverty non-governmental organisation (NGO) Plan International’s Ghana Country Office, where he worked as International Relations, Sponsorship Communications and Grants Manager between 1995 and 1996.

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 In 1993, he participated in a professional training course for Overseas Public Relations Staff, organized by the Japanese Ministry of Foreign Affairs in Tokyo. He also participated in a management development course organized by Plan International (RESA) in Nairobi, Kenya

Political appointments

Mahama was first elected to the Parliament of Ghana in the 1996 elections to represent the Bole/Bamboi Constituency for a four-year term. In April 1997, Mahama was appointed Deputy Minister of Communications.

He was promoted to the post of Minister of Communications in November 1998, serving in that post until January 2001, when the ruling National Democratic Congress (NDC) handed over power to the New Patriotic Party’s government.

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In 2000, Mahama was re-elected for another four-year term as the Member of Parliament for the Bole/Bamboi Constituency. He was again re-elected in 2004 for a third term. From 2001 to 2004, Mahama served as the Minority Parliamentary Spokesman for Communications. In 2002, he was appointed the Director of Communications for the NDC. That same year, he served as a member of the team of International Observers selected to monitor Zimbabwe’s Parliamentary Elections.

 As an MP, he was a member of Standing Orders Committee as well as the Transport, Industry, Energy, Communications, Science and Technology Committee of Parliament.

As Minister and Vice-President

Mahama served as the Deputy Minister of Communications between April 1997 and November 1998. During his tenure as Minister of Communications, Mahama also served as the Chairman of the National Communications Authority, in which capacity he played a key role in stabilising Ghana’s telecommunications sector after it was deregulated in 1997. As a minister, he was a founding member of the Ghana AIDS Commission, a member of the implementation committee of the 2000 National Population Census and a deputy chairman of the Publicity Committee for the re-introduction of the Value Added Tax (VAT).

Continuing to expand his interest and involvement in international affairs, in 2003 Mahama became a member of the Pan-African Parliament, serving as the Chairperson of the West African Caucus until 2011. He was also a member of European and Pan African Parliaments’ Ad hoc Committee on Cooperation.

In 2005 he was, additionally, appointed the Minority Spokesman for Foreign Affairs. He is a member of the UNDP Advisory Committee on Conflict Resolution in Ghana.

On 7 January 2009, Mahama became the Vice-President of Ghana after John Evan Atta Mills won the 2008 Ghana general Elections.

 He also served as the Chairman of the National Economic Management Team, the Armed Forces Council of Ghana, the Decentralisation and Implementation Committee and the Police Council of Ghana in this capacity.

As President

In line with Ghana’s constitution, Mahama became President of Ghana on 24 July 2012 on the death of his predecessor, John Atta Mills. In July 2012, he became the Ghana’s first president to have served at all levels of political office (Ghanaian and Pan-African MP, Deputy Minister, Minister, Vice-President and President).

Personal life

Mahama is married to Lordina Mahama . Mahama has five children named Shafik, Shahid, Sharaf, Jesse and Farida. He is a Christian, born and raised a Presbyterian but is now a member of the Assemblies of God, Ghana by marriage. 

His family is multi-faith, consisting of Christians and Muslims. Being a staunch campaigner for sustainability, he has a keen interest in environmental affairs, particularly the problem of single-useplastic waste pollution in Africa, which he committed himself to addressing during his tenure as vice president

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Mohammed Indimi Net Worth

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Mohammed Indimi Net Worth

Mohammed Indimi Net Worth. Mohammed Indimi OFR is a Nigerian billionaire businessman and philanthropist. He is the founder and chairman of Oriental Energy Resources (OER), a privately-held Nigerian oil exploration and production company

Mohammed Indimi Net Worth

According to Forbes, Mohammed Indimi net worth is 650 million. is the chairman and leading shareholder of Oriental Energy Resources, a privately held Nigerian oil exploration and production company he founded in 1990. Oriental currently has three projects offshore of Nigeria’s Niger Delta region. Six of his children serve on the company’s board. His net worth dropped from an estimated $670 million a year ago due to ongoing low oil prices. He is one of the richest men in Nigeria

Early life and background

Indimi was born August 12, 1947 in Maiduguri the capital of Borno State, north-east Nigeria. His father, late Alhaji Mamman Kurundu was also a businessman who traded in hides and skins.

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 Indimi attended traditional Qur’anic school as it is the general practice of Muslim communities in the Northern Nigeria. He could not attend formal school because his father could not afford to sponsor his formal western education but still managed to learn how to speak, read and write in

Career

At the age of 10, Indimi followed his father to local markets around Borno to trade animal hides and skins. In 1963, he became independent and started his own business after he collected 100 pounds loan from his friend Alhaji Umar Tela which he used as a start-up. Eventually, he decided to expand into selling clothes which were imported from Chad and Cameroon

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In 1990, Indimi got oil prospecting license granted by the Ibrahim Badamasi Babangida regime. He established an oil and gas firm named Oriental Energy Resources (OER). Indimi served as chairman and board member of several companies including Jaiz Bank

Recognition

  • Indimi was awarded with Nigerian National Honours, Officer of the Federal Republic of Nigeria (OFR) in 2012.
  • He received an honorary doctorate from Lynn University, Florida in 2013
  • He received an honorary doctorate from University of Uyo in 2017
  • He won the Vanguard (Nigeria) Businessman of the Year in 2017 
  • He received an honorary doctorate from Nigeria Defense Academy in 2018
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Angela Merkel Net Worth

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Angela Merkel Net Worth

What is Angela Merkel Net Worth ? Read on to find out here.

Angela Dorothea Merkel is a German politician who has been Chancellor of Germany since 2005. She served as Leader of the Opposition from 2002 to 2005 and as Leader of the Christian Democratic Union (CDU) from 2000 to 2018.

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A member of the Christian Democratic Union, Merkel is the first female Chancellor of Germany. Merkel has been widely described as the de facto leader of the European Union, the most powerful woman in the world and by many commentators since 2016 as the “leader of the free world”

Angela Merkel Net Worth

Angela Merkel Net Worth: Angela Merkel is a German politician and former research scientist who has a net worth of $11.5 million. Angela Merkel was born July 17, 1954 in Hamburg, Germany. Trained as a physicist, Merkel entered politics after the 1989 fall of the Berlin Wall.

Rising to the position of Chairwoman of the Christian Democratic Union (CDU) party, Merkel became Germany’s first female chancellor and one of the leading figures of the European Union, following the 2005 national elections.

In 2013, Merkel won one of the most decisive victories in German history, achieving the best result for the CDU/CSU (Christian Democratic Union/Christian Social Union) since reunification and coming within five seats of the first absolute majority since 1957. However, with the FDP (Free Democratic Party), its preferred coalition partner, failing to enter parliament for the first time since 1949, the CDU/CSU turned to the SPD (Social Democratic Party) to form the third grand coalition in postwar German history and the second under Merkel’s leadership.

Merkel made international headlines in October 2013 when she accused the U.S. National Security Agency of tapping her cell phone. She chided the United States for this privacy breach, saying that “Spying among friends is never acceptable,” according to CNN.com, at a summit of European leaders. Later reports revealed that the NSA may have surveilled Merkel since as early as 2002.

Education and scientific career

Merkel was educated at Karl Marx University, Leipzig, where she studied physics from 1973 to 1978. While a student, she participated in the reconstruction of the ruin of the Moritzbastei, a project students initiated to create their own club and recreation facility on campus. Such an initiative was unprecedented in the GDR of that period, and initially resisted by the University; however, with the backing of the local leadership of the SED party, the project was allowed to proceed.

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At school, she learned to speak Russian fluently and was awarded prizes for her proficiency in Russian and mathematics. She was the best in her class in mathematics and Russian and completed her school education with the best possible average Abitur grade 1.0.

Near the end of her studies, Merkel sought an assistant professorship at an engineering school. As a condition for getting the job, Merkel was told she would need to agree to report on her colleagues to officers of the Ministry for State Security. Merkel declined, using the excuse that she could not keep secrets well enough to be an effective spy.

Merkel worked and studied at the Central Institute for Physical Chemistry of the Academy of Sciences in Berlin-Adlershof from 1978 to 1990. At first she and her husband squatted in Mitte.

At the Academy of Sciences, she became a member of its FDJ secretariat. According to her former colleagues, she openly propagated Marxism as the secretary for “Agitation and Propaganda”.

However, Merkel has denied this claim and stated that she was secretary for culture, which involved activities like obtaining theatre tickets and organizing talks by visiting Soviet authors. She stated: “I can only rely on my memory, if something turns out to be different, I can live with that.”

After being awarded a doctorate for her thesis on quantum chemistry in 1986, she worked as a researcher and published several papers.

 In 1986, she was able to travel freely to West Germany to attend a congress; she also participated in a multi-week language course in Donetsk, in the then-Ukrainian Soviet Socialist Republic.

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