Report: San Francisco has 3rd-most billionaires out of world's cities - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

San Francisco now has the 3rd-most billionaires of any city in the world, beating out London, Moscow, and Beijing

San Francisco's Sea Cliff neighborhood is an enclave of expensive homes housing some of the city's most prominent — and typically most deep-pocketed — figures.San Francisco is now the third city in the world with the most billionaires, per a new Wealth-X report.San Francisco beat out cities including London, Moscow, and Beijing. New York is No. 1, with 113 billionaires.San Francisco's pool of billionaires has ballooned just a bit more in the past year, according to a new report.

Most billionaires — 788, to be exact — call the US home, beating out China, Russia, and the United Kingdom. Europe, however, leads the ranking when broken down by nationality. The cumulative wealth of American billionaires accounts for 28% of the global billionaire population per the report. New York remains the city with the most billionaires, with Hong Kong clocking in second. And third is San Francisco, the 49-square-mile city in Silicon Valley that's home to much of the region's tech elite. The city gained two billionaires in 2019, bringing its billionaire population to 77.

Moscow, London, and Beijing directly trail behind San Francisco. The only other US city besides New York on the list is Los Angeles, which sits at No. 7 with 44 billionaires. Getty / Drew Angerernotes. Its rise in the ranks is largely thanks to the thriving tech industry and its startup and big tech ecosystems. Tech stocks and initial public offerings have been known to turn founders into millionaires — and even billionaires — seemingly overnight.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

And even they can't afford the rent.

HappySocialMediaDay🕊

Abuja be like “dont loud it”

Stock market helped.

Perhaps one has to relocate there.

But San Francisco ist still on Earth not on Mars! For details read my MANUSKRIPT about CHILD TRAFICING organised by GOVERNMENTS & EMPLOYERS & SUPPORT my LAWSUIT ICC in Den Hague Windsor TRUDEAU MERKEL PUTIN BEZOS ZUCKERBERG BRANSON GATES MUSK TWITTER FACEBOOK etc

San Francisco seems to be a very important place (for whatever reason may be)? Even the UN-Charter was signed in San Francisco!?

The Khardasian family follows San Francisco, with 3 billionaires 😁

EatTheRich

Far left policies have historically been the worst for minorities and the best for the top 1%

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside Chinese smartphone giant Vivo's 32-floor tower HQ - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. They said they gonna built this in Delhi. They betrayed me. vivopakistan you should consider this as well & it's not impossible.
Source: BusinessInsider - 🏆 729. / 51 Read more »

How Quibi is working with influencers, inside its strategy - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. The status quo wins another day.
Source: BusinessInsider - 🏆 729. / 51 Read more »

These 15 countries are home to the most billionaires - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Only 10% of billionaires have pledged to donate to coronavirus relief - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. They're making bank off it. More to hoard from the economy. Because 90% of them know it’s political BS They do not need to do it. Central Banks will print all relief need and if you need to wallpaper your house they will match that need aswell RossiAndres
Source: BusinessInsider - 🏆 729. / 51 Read more »

NY Gov. Cuomo postpones indoor dining in New York City indefinitely - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. PLEASE read this letter that I have uploaded to my Google Drive. It contains important information you should know. Stop this CIA insanity = Save innocent lives: Please share. Thanks, Dillon Woods, Independent Journalist He is a clownnnnnnnnnn 🤡 It is ok FOOD can be delicious if ate on fresh AIR ok OMG he got be a KING too ( ElyBahianaAOL.com)
Source: BusinessInsider - 🏆 729. / 51 Read more »

Miami mayor suggests he's willing to shut the city back down amid virus surge - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. This mayor is essentially unwilling to save lives. Miami Gloria Estefan is ready with 'Miami Coronavirus Machine' HKuppy
Source: BusinessInsider - 🏆 729. / 51 Read more »