Frankfurt is the wealthiest city in mainland Europe and one of the world's top financial centers that is the home of 117,400 millionaires, including 161 centi-millionaires and 14 billionaires.
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Zurich and Geneva place 14th and 19th respectivelyAs the land of low taxes and high salaries, Switzerland took pride of place on the list, with Zurich coming just behind Frankfurt to rank 14th. 99.300 people in the city are said to have wealth of over 1 million US dollars - around a quarter of the total population.
The country's robust economy and financial sector, political stability, skilled workforce, favorable business climate, natural resources, low unemployment rate, and low inflation and interest rates have all contributed to its wealth.
Geneva doesn't fare as well as Zurich in the index in terms of wealth (which is why it is in the 19th place versus Zurich, in the 14th position), but make no mistake — the city is synonymous with money.
Zurich is Switzerland's economic leader and known worldwide for its financial district. But other very innovative economic sectors flourish in the region. Zurich has established itself as an important centre for ICT, life sciences, cleantech as well as creative industries and tourism.
Long prominent in banking and business, Zürich has been energized by its emerging art scene, newly popular neighbourhoods, and an influx of immigrants that have contributed to its revived youthfulness and diversity. Zürich has become one of the most vibrant cities in 21st-century Europe.
Geneva is quieterZurich's population is larger and the city has a busier feel to it, whereas Geneva feels more like a large town. The peace and quiet can be good if you are looking for a relaxing trip, but if you're up for a night out it can be a bit of a challenge.
Ranked as one of the most expensive cities in the world, Z?rich and budget travel are not natural bedfellows. But there are ways to make your money go further and many free activities to be enjoyed year-round. Whatever your budget, the following tips will help stretch your travel funds even further.
Currently, the richest country in the world in terms of GDP per capita is Luxembourg, with a GDP per capita of $135,700. Other wealthy countries include Bermuda, Ireland, and Switzerland, all with GDP per capita above $80,000.