Milan (Italian: Milano) is a city in northern Italy, capital of Lombardy, and the second-most populous city proper in Italy after Rome. The city proper has a population of about 1.4 million, while its metropolitan city has 3.26 million inhabitants. According to national sources, the population within the wider Milan metropolitan area (also known as Greater Milan), is estimated between 8.2 million and 12.5 million making it by far the largest metropolitan area in Italy and one of the largest in the EU.
Milan is considered a leading alpha global city, with strengths in the fields of art, chemicals, commerce, design, education, entertainment, fashion, finance, healthcare, media, services, research and tourism. Its business district hosts Italy's stock exchange, and the headquarters of national and international banks and companies. In terms of GDP, Milan is the wealthiest city in Italy, has the third-largest economy among EU cities after Paris and Madrid, and is the wealthiest among EU non-capital cities. Milan is viewed along with Turin as the southernmost part of the Blue Banana urban development corridor (also known as the "European Megalopolis"), and one of the Four Motors for Europe. Milan has been recognized as one of the world's four fashion capitals; many of the most famous luxury fashion brands in the world have their headquarters in the city.
Quotes
- Boston is among an increasing number of municipalities, universities, and private foundations that have announced plans to divest from fossil fuels. In late October, ahead of the 2021 United Nations Climate Change Conference, better known as COP26, Auckland, New Zealand; Copenhagen, Denmark; Glasgow, Scotland; Paris; Rio de Janeiro; and Seattle announced commitments to divest from fossil fuel companies and increase investments to make cities more sustainable. Also last month, Baltimore Mayor Brandon Scott signed a bill that requires the city’s three pension funds to divest from the fossil fuel industry. Those are in addition to divestment commitments made last year by Berlin; Bristol, England; Cape Town, South Africa; Durban, South Africa; London; Los Angeles; Milan; New Orleans; New York City; Oslo; Norway; Pittsburgh; and Vancouver, Canada. “Cities are at the forefront of tackling the climate emergency and there is real momentum to move investments away from fossil fuels and toward climate solutions,” London Mayor Sadiq Khan, who is chair-elect of C40 Cities, a network of mayors working to confront climate change, said in a statement. “I will continue to encourage more cities to join the movement, and urge national governments and private finance institutions to mobilize more finance to invest directly in cities to support a green and fair recovery.”
- Goldman Sachs moves traders from London to Milan. Brexit has created the need for many financial businesses to relocate to other European countries, and many have focused on Milan. The Italian financial capital has captured the attention of the big names in the sector including Goldman Sachs, Nomura, Citi and JP Morgan.
- Antonio Coppola, , Goldman Sachs sposta i trader da Londra a Milano, Trend online (2022)
- That's why Milan remains the capital of fashion.
- Marta Casadei, , Ecco perché Milano resta la capitale della moda, w:Il Sole 24 Ore (2022)
- The hunt for villas on the lake does not stop: And there is no bubble risk [...] Lake Como is now considered a super exclusive district of Milan. [...] The most requested features of luxury on Lake Como, Definitely brightness (preferably given by large windows) large living area, super panoramic view, room to be used as a study (the pandemic has transformed work habits allowing people to work easily from home) many bedrooms.
- Serena Brivio, , Dopo i Chiara Ferragni non si ferma la caccia alle ville sul lago: «E non c’è rischio bolla, (2023) audit Knight Frank for 500 UHNWI (Ultra-high-net-worth individuals)