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New York City, arguably the epicenter of the world. One famous song goes that if you can make it there, you can make it anywhere. And its true. Those that make it make it really big. Its the richest city in the world with a total wealth of two point seven trillion dollars. One hundred and thirteen billionaires and twenty five thousand people with ultra high net worth. The coronavirus pandemic has rocked the city. At one point, the fatality rate was about 10 percent and over 30 percent for those hospitalized. In April, nearly one out of every three New Yorkers was out of work, and total consumer spending was down by over 40 percent. The tourism industry, which supported almost four hundred thousand jobs and generated almost 70 billion dollars in twenty nineteen, came to a screeching halt. Shootings and murders skyrocketed. When we talk about economic recovery, rich people dont need a recovery. Theyre actually richer right now than they were before. The best case to make for New Yor