LA IS ONE OF THE GLOBE’S MOST FINANCIALLY POTENT METROPOLISES

LOS ANGELES PICTURE

Los Angeles is home to the movie industry and to the largest ports in the nation. It is the biggest city in a state that has more billionaires than any other place except the United States itself and China.

LA has now been determined to be one of the globe’s most financially potent metropolises.

Los Angeles is the biggest city in a state that has more billionaires than any other place except the United States itself and China. L.A. is home to the movie industry and to the largest ports in the nation, the latter of which are known to generate more than $1 billion a day in economic activity.

The Atlantic analyzed five world economic powerhouse lists to come up with its own ranking of “the world’s 25 most economically powerful cities on our combined Global City Economic Power Index.”

L.A. came in at seventh place, up from from ninth place in 2012, when The Atlantic last produced a similar ranking.

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