Quote:
Originally Posted by fflint
This is a list I'm glad my city didn't make.
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And ironically, it should have, at least if we're talking about the full Bay Area.
As for the whole "global 1%" discussion... the top 1% in the U.S., by income, is people earning over about $500K, which really isn't that much, and the global top 1% is obviously going to be considerably lower (considering the U.S. is the wealthiest large country). I'm fairly certain that "global high-net-worth individuals" represents a narrower group than the top 1%, whether that's the top 0.1% or the top 0.01%, etc.