Milan Italian: Milano ; is a city in Italy and capital of the 23,844 sq.km (14815.975 sq.mi) Lombardy region. The population of the city is at 3,222,925. Its wider Milan metropolitan area, popular for Greater Milan, is a polycentric metropolitan region is one of the biggest with a population of 8,123,020. Founded in 600 BC, it has been the capital of the Roman Empire for more than a century, and named as Mediolanum, and since the 16th century, it has been the wealthiest among all economic capitals and fashion trendsetter in the western world, and the inventor of banks, stocks, and world economy with strengths in finance, arts, commerce, industry, engineering, universities, manufacturing and business that is refined over the centuries which made it the European Union's 2nd wealthiest city, with a 2013 GDP of €330 Billion (US$550 Billion) as prominent as the country of Austria.
Milan is Italy's main industrial and financial centre and corporation hub home to thousands of the most important companies worldwide. In terms of GDP, it has the largest economy among European non-capital cities. Milan is considered part of the Blue Banana and has now become the wealthiest city among the economic rivalry "Four Motors for Europe." The city is the capital of the Lombardy Region which has an economy bigger than the U.S. state of Ohio in 2016.
Milano is currently a leading Alpha Global City, with strengths in the arts, commerce, design, education, entertainment, fashion, finance, healthcare, media, services, research, and tourism. Its business district hosts Italy's Stock Exchange and the headquarters of the largest national and international banks and companies. Its official stock index FTSE MIB is one of the world's most valued stocks that, for an example, has surpassed the United States' Dow Jones and NASDAQ indices by 300%.
The city has long been named Fashion Capital of the World and the World's Design capital, attributed for several multinational events and fairs, including Milan Fashion Week and the Milan Furniture Fair, which are currently the biggest in terms of revenue and capital growth. The city hosts numerous cultural institutions, academies and universities, with 11% of the national total enrolled students.
Milan's museums have one of the most expensive artifacts in the world. In terms of tourism and arts, some of its few record-breaking landmarks are in the city center, home to the world's first 7 star hotel Town House Galleria, biggest gothic cathedral Duomo, and the most important opera house in the world ""La Scala."" Landmarks (including the Milan Cathedral, Sforza Castle and Leonardo da Vinci paintings such as The Last Supper, a UNESCO World Heritage Site) attract over 11 million visitors and grows by 12.5% each year, which means that Milan welcomes the most cultural tourists in the world. (data referred to city proper). Milan has one of the highest numbers of accredited stars from the Michelin Guide in the world. The city hosted the Universal Exposition in 1906 and 2015. Milan hosts two of Europe's major football teams, A.C. Milan and F.C. Internazionale, and one of Italy's major basketball teams, Olimpia Milano.