One out of every 11,600 people in San Francisco is a billionaire

Posted on AllSides May 9th, 2019
From The Left

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,...

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https://www.vox.com/recode/2019/5/9/18537122/billionaire-study-wealthx-san-francisco

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