Where do most rich people live in Brazil?
In addition to coastal cities such as Florianópolis, Vitória, Niterói and Santos, which usually attract the richest strata of the population since individuals with higher purchasing power usually prefer to live in cities with a higher quality of life, including (but not limited to) more economic opportunities.
São Paulo is one of the 26 states of the Federative Republic of Brazil and is named after Saint Paul of Tarsus. As the richest Brazilian state and a major industrial complex, the state, which has 21.9% of the Brazilian population, is responsible for 33.9% of the Brazilian GDP.
Brazil: number of inhabitants by region 2022
In 2022, the Southeast will be the most populated region in Brazil, according to the census. In that year, more than 84 million people lived in the four states of this region: Espírito Santo, Minas Gerais, Rio de Janeiro and São Paulo.
The five richest states are Sao Paulo, Distrito Federal, Rio de Janeiro, Minas Gerais, and Espírito Santo. Besides Distrito Federal, Brazil's capital, the other four wealthiest states are in the Southeast region. On the other hand, Piauí, Maranhão, Alagoas, Paraíba, and Ceará are among the poorest states in Brazil.
| Characteristic | Average income in Brazilian reals |
|---|---|
| Bottom 50% | 537 |
| Top 10% | 6,449 |
| Top 1% | 17,447 |
Although Sao Paulo is the largest and wealthiest city in Brazil, Rio de Janeiro is probably the most famous.
São Paulo is a state in the southeast of Brazil. It is the richest state in Brazil.
7.1 São Paulo
It is considered Brazil's financial capital, as it is the wealthiest in the nation with the tenth highest GDP in the world.
Brasília, Brazil's capital, is one of the best places to retire in Brazil for its modern architecture, cultural richness, and high quality of life. It is considered to be one of the safest cities in Brazil too.
What is Brazil's Safest City? Florianópolis is Brazil's safest city as it has one of the lowest crime rates amongst the other major cities in Brazil. The city is considered to be one of the safest cities in South America. Known for its beautiful beaches, Florianópolis is a safe place to visit in Brazil.
What is the richest neighborhood in Brazil?
- Clemont Ferrant, Vila Nova Conceição: 21 million reals (about $8 million) ...
- Chateau Margoux, Vila Nova Conceição: 20 million reals (about $8 million) ...
- Calla Di Volpe Romazzino, Itaim Bibi: 17.4 million reals (about $7 million)
Piauí has the lowest GRP per capita at the same time that the Federal District has the highest. Amapá, Acre and Roraima are the poorest states in the country with 0.59% of the national GDP.
Brazil: richest people 2023, by net worth
In 2023, Vicky Safra was ranked by the Forbes World's Billionaires List as the wealthiest person in Brazil. The Greek born billionaire and her family had a fortune worth 16.7 billion U.S. dollars and was thus the richest person in the country.
It is a upper-middle income developing mixed economy. In 2023, according to International Monetary Fund (IMF), Brazil has the 9th largest gross domestic product (GDP) in the world and has the 8th largest purchasing power parity in the world. $2.126 trillion (nominal; 2023 est.) $4.101 trillion (PPP; 2023 est.)
The Brazilian upper class comprises individuals who earn more than $727.87 monthly up to millionaires and billionaires, as defined by the Brazilian Institute of Geography and Statistics (Instituto Brasileiro de Geografia e Estatística, IBGE after its Portuguese acronym).
New York City
It is the financial center of the USA and the wealthiest city in the world by several measures. It is also home to the world's two largest stock exchanges by market cap (the NYSE and the Nasdaq).
In 2017, the city's GDP was estimated at US$105 billion (approximately R$407 billion), or 7% of the country's purchasing power parity (and the 75% of State of Rio de Janeiro's economy), making Rio de Janeiro the fourth richest city in Latin America, behind only Mexico City, Sao Paulo and Buenos Aires, as well as the ...
Brazil plays an important role in the international mining industry. It is a leading producer of niobium, the world's second largest producer of iron ore, and an important producer of tin, bauxite, manganese, gold, quartz and gems.
| Characteristic | Inhabitants in millions |
|---|---|
| São Paulo (SP) | 11.45 |
| Rio de Janeiro (RJ) | 6.21 |
| Brasília (DF) | 2.82 |
| Fortaleza (CE) | 2.43 |
What is the richest country in the world?
The United States of America
The United States upholds its status as the major global economy and richest country, steadfastly preserving its pinnacle position from 1960 to 2023.
| 2022 Brazil cleanest city | Pianco , Paraiba 17 |
|---|---|
| 2022 Brazil most polluted city | Acrelandia , Acre 74 |
We'll dig into the details a little more in a moment, but as you can see, costs of living in Brazil are on average in the region of half of the costs of living in the USA. In fact, consumer prices without rent are 97.8% higher in the US than Brazil, and once you include rent, that rises to 157.1% higher.
Expats usually live in São Paulo. It's the most important city for business and finance. If you prefer a more relaxed lifestyle, you can consider moving to Rio de Janeiro. If you are looking for a more relaxed life you can either go north or south.
Cost of Living in Brazil
One person ideally needs a minimum of 675 USD per month to live comfortably in Brazil, which is 1.45 times less expensive than the world's average and 3 times cheaper than life in the US, on average (at 2,213 USD monthly, per person, though this fluctuates from state to state).
