Jump to content
Sign in to follow this  
Mr. Big Dog

And the state where the richest people live is...

15 posts in this topic

Recommended Posts

Filed: Timeline

Texas is trailing high tax and more tightly regulated New York and California in high net worth population. Low taxes and lax regulations really ain't everything, eh?

And the state where the richest people live is...

Which U.S. state has the wealthiest residents of them all? It’s the home state of Facebook Chief Executive Mark Zuckerberg but not America’s richest man, Bill Gates, who lives in the state of Washington.

California is the state with the highest number of ultrawealthy individuals, according to a report from private wealth consultancy Wealth-X. There are 13,445 ultrahigh-net-worth individuals — defined as those with $30 million and above in net assets — based in the Golden State, up 6% on a year-over-year basis. They’re mostly located in San Francisco (5,460 people) and Los Angeles (5,135).

In fact, California’s population of ultrawealthy individuals is larger than the ultrawealthy population in the entirety of the United Kingdom (11,510).

Other states are experiencing a super-rich surge. New York was No. 2 on the list, with 9,530 ultrahigh-net-worth individuals in 2014, up 6% in the last year, and — perhaps unsurprisingly — 8,655, or 91%, of them were based in New York City. The population of people with $30 million or more rose 14% on a year-over-year basis to 80 in North Dakota, which is currently experiencing an energy oil boom. Florida’s ultrahigh-net-worth population increased by more than 10%, adding almost 500 new individuals to in 2014 due to strong growth in the state’s financial and real-estate sectors.

MW-CZ960_riches_20141124123603_NS.jpg?uu

But at least Texas has a higher percentage of poor people than New York and California. Who says low taxes and lax regulation aren't good for anything?

Edited by Mr. Big Dog

Share this post


Link to post
Share on other sites
Filed: Timeline

All these poor Americans with poor illegals pilling in on top of them. So sad.

Share this post


Link to post
Share on other sites

Just posted an article from MarketWatch. What's the issue? Facts not convenient?

Convenient to what, or whom? Some states have richer people. Ergo, some do not. What does it matter? Unless you are ultrarich and bragging about the state in which you live, I don't see the point...

Share this post


Link to post
Share on other sites
Filed: Timeline

Convenient to what, or whom? Some states have richer people. Ergo, some do not. What does it matter? Unless you are ultrarich and bragging about the state in which you live, I don't see the point...

Well, I keep reading here about all that wealth drain from overtaxed and over regulated states like NY and CA and all that wealth migration to more friendly states like Texas. And then there are these cold, hard facts that don't comport with that narrative. I find that interesting. You might not and that's okay. No need to post in this thread, then.

Share this post


Link to post
Share on other sites

Well, I keep reading here about all that wealth drain from overtaxed and over regulated states like NY and CA and all that wealth migration to more friendly states like Texas. And then there are these cold, hard facts that don't comport with that narrative. I find that interesting. You might not and that's okay. No need to post in this thread, then.

Ok, now I get where you are coming from. Wasn't bashing ya just didn't get it at first.

But I reckon that more people want to live in FL, NY, and CA than TX, WY, and AL. And since it costs more to live in the first three, it stands to reason that people with more money will be drawn there...

(Though for the life of me I cannot imagine someone wanting to move to CA or NY, ever)

Share this post


Link to post
Share on other sites
Filed: Citizen (apr) Country: Thailand
Timeline

Ok, now I get where you are coming from. Wasn't bashing ya just didn't get it at first.

But I reckon that more people want to live in FL, NY, and CA than TX, WY, and AL. And since it costs more to live in the first three, it stands to reason that people with more money will be drawn there...

(Though for the life of me I cannot imagine someone wanting to move to CA or NY, ever)

I'd like to live in Manhattan. The rest of the state, not so much


You can click on the 'X' to the right to ignore this signature.

Share this post


Link to post
Share on other sites

I'd like to live in Manhattan. The rest of the state, not so much

You think you could do that rat race everyday? I couldn't. I look at Manhattan kinda like Vegas, it's great to visit and have some fun, but it's definitely not somewhere I would want to settle down.

Share this post


Link to post
Share on other sites
Filed: Citizen (apr) Country: Thailand
Timeline

You think you could do that rat race everyday? I couldn't. I look at Manhattan kinda like Vegas, it's great to visit and have some fun, but it's definitely not somewhere I would want to settle down.

I like the public transport and the convenience of it. Need something? Just go walk and get it. Cars are silly IMO. (I probably shouldn't be saying that coming from Detroit. Oops.)


You can click on the 'X' to the right to ignore this signature.

Share this post


Link to post
Share on other sites

I like the public transport and the convenience of it. Need something? Just go walk and get it. Cars are silly IMO. (I probably shouldn't be saying that coming from Detroit. Oops.)

I hate public trans. Being stuck in a tin can with a bunch of people aint for me. When I went to school in Boston, I could've saved a lot of time and money by taking public trans, but I couldn't do it, I drove in and out every day.

Share this post


Link to post
Share on other sites
Filed: Citizen (apr) Country: Thailand
Timeline

I hate public trans. Being stuck in a tin can with a bunch of people aint for me. When I went to school in Boston, I could've saved a lot of time and money by taking public trans, but I couldn't do it, I drove in and out every day.

NYC is the only place I've been in the U.S. where public transit is probably quicker than driving. If they would only extend the train to Laguardia, that would be awesome.


You can click on the 'X' to the right to ignore this signature.

Share this post


Link to post
Share on other sites

I'd move to Wisconsin in a heartbeat if I could live in Jeffrey Dahmer's old apartment and secure a lifetime supply of cheese and beer.


I love a guy who looks like he could be on Criminal Minds as either an agent or a killer.

Share this post


Link to post
Share on other sites
 

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  
- Back to Top -


Important Disclaimer: Please read carefully the Visajourney.com Terms of Service. If you do not agree to the Terms of Service you should not access or view any page (including this page) on VisaJourney.com. Answers and comments provided on Visajourney.com Forums are general information, and are not intended to substitute for informed professional medical, psychiatric, psychological, tax, legal, investment, accounting, or other professional advice. Visajourney.com does not endorse, and expressly disclaims liability for any product, manufacturer, distributor, service or service provider mentioned or any opinion expressed in answers or comments. VisaJourney.com does not condone immigration fraud in any way, shape or manner. VisaJourney.com recommends that if any member or user knows directly of someone involved in fraudulent or illegal activity, that they report such activity directly to the Department of Homeland Security, Immigration and Customs Enforcement. You can contact ICE via email at Immigration.Reply@dhs.gov or you can telephone ICE at 1-866-347-2423. All reported threads/posts containing reference to immigration fraud or illegal activities will be removed from this board. If you feel that you have found inappropriate content, please let us know by contacting us here with a url link to that content. Thank you.
×
×
  • Create New...