If you want to run into a celebrity, you go to Hollywood. If you want to run into a billionaire, you should move to San Francisco.
There are more American billionaires than ever before, according to a new study, and Silicon Valley is their home turf. One out of every 11,600 people in San Francisco is a billionaire. That makes San Francisco, globally ranked fourth in number of billionaires, the city with the most billionaires per capita — by far.
That’s according to the annual census of billionaires by Wealth-X, which tracks the 10-figured.
Billionaires have had a rough year. The American left has cast them as corporate villains whose exorbitant wealth reflects a system that no longer works. They have become political piñatas, and not just the billionaire in the White House. A growing number of billionaires have even become critics of capitalism, saying it must be reformed in order to be saved.
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https://www.vox.com/recode/2019/5/9/18537122/billionaire-study-wealthx-san-francisco?utm_source=pocket-newtab
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Published by CityFella
Big city fella, Born and Raised in the San Francisco Bay Area. Lived in New York (a part time New Yorker) for three years . I have lived in the Sacramento area since 1993. When I first moved here, I hated it. Initially found the city too conservative for my tastes. A great place to raise children however too few options for adults .
The city has grown up, there is much to do here. The city suffers from low self esteem in my opinion, locals have few positive words to say about their hometown. visitors and transplants are amazed at what they find here.
From, the grand old homes in Alkali Flats, and the huge trees in midtown, there are many surprises in Sacramento. Theater is alive is this area . And finally ,there is a nightlife... In.downtown midtown, for the young and not so young.
My Criticism is with local government. There is a shortage of visionaries in city hall. Sacramento has long relied on the state, feds and real estate for revenue. Like many cities in America,Downtown Sacramento was the hub of activity in the area. as the population moved to the suburbs and retail followed.
The city has spent millions to revive downtown. Today less than ten thousand people live downtown. No one at city hall could connect the dots. Population-Retail. Business says Sacramento is challenging and many corporations have chosen to set up operations outside the cities limits. There is vision in the burbs. Sacramento has bones, there are many good pieces here, leaders seem unable or unwilling to put those pieces together into.
Rant aside, I love it here. From the trees to the rivers. But its the people here that move me. Sacramento is one of the most integrated cities in America. I find I'm welcome everywhere. The spices work in this city of nearly 500,000 and for the most part these spices blend well together. From Ukrainians to Hispanics and a sizable gay community, all the spices seem to work well here. I frequently travel and occasionally I will venture into a city with huge racial borders, where its unsafe to visit after certain hours. I haven't found it here. I cant imagine living in a community where there is one hue or one spice. I love the big trees, Temple Coffee House, the Alhambra Safeway, Zelda's Pizza, Bicyclist in Midtown, The Mother Lode Saloon, Crest Theater, and the Rivers. I could go on and I might. Sacramento is home.
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