Milan

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The skyline of Milan's business district
Prada's 22-carat gold tower, adjacent to Via Ripamonti in the Prada - Soupra district
Bocconi University considered the most prestigious university for finance and economics in Europe in Viale Bligny in Milan - Bocconi district

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[edit]

  • 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.
  • 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, [3], 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 indivialdus)
  • Since, furthermore, it was in late-medieval and early modern Europe that new techniques of warfare occurred more frequently than elsewhere, it was not implausible that one such breakthrough could enable a certain nation to dominate its rivals. Already the signs pointed to an increasing concentration of military power. In Italy the use of companies of crossbowmen, protected when necessary by soldiers using pikes, had brought to a close the age of the knight on horseback and his accompanying ill-trained feudal levy; but it was also clear that only the wealthier states like Venice and Milan could pay for the new armies officered by the famous condottieri. By around 1500, moreover, the kings of France and England had gained an artillery monopoly at home and were thus able, if the need arose, to crush an overmighty subject even if the latter sheltered behind castle walls. But would not this tendency finally lead to a larger transnational monopoly, stretching across Europe? This must have been a question many asked around 1550, as they observed the vast concentration of lands and armies under the Emperor Charles V.
    • Paul Kennedy, The Rise and Fall of the Great Powers: Economic Change and Military Conflict from 1500-2000 (1987)

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