São Paulo is the largest city in Brazil, the largest city proper in the southern hemisphere and the Americas and the world's seventh largest city by population. The metropolis is anchor to the São Paulo metropolitan area, ranked as the second most populous metropolitan area in the Americas and among the ten largest metropolitan areas on the planet. São Paulo is the capital of the state of São Paulo, Brazil's most populous state. It exerts strong regional influence in commerce, finance, arts and entertainment and a strong international influence. The name of the city honors Saint Paul of Tarsus. São Paulo has the largest economy by GDP among Latin American and Brazilian cities. Its GDP per capita is the fifth highest among the larger Latin American cities and Brazil's second highest, behind Brasília. The metropolis has significant cultural, economic and political influence both nationally and internationally. It is home to several important monuments, parks and museums such as the Latin American Memorial, the Museum of the Portuguese Language, São Paulo Museum of Art, Museum of Ipiranga and the Ibirapuera Park. Paulista Avenue is the most important financial center of São Paulo. The city holds many high profile events, like the São Paulo Art Biennial, the Brazil Grand Prix Formula 1 Sao Paulo, Sao Paulo Fashion Week, ATP Brasil Open and the São Paulo Indy 300. Sao Paulo hosts the world's largest gay pride parade according to the Guinness Book of World Records. It is also the home of various Brazilian television networks including SBT, Rede Globo and Gazeta.
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