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Originally Posted by LosAngelesBeauty
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I find it almost unfathomable that 3 socal counties are in the top 5 (LA, OC & SD), with almost 500,000 millionares between them, and we don't have more philantropy.
And aside from philantropy and culture & the arts... with those numbers in mind, I'm dumbfounded that a Chicagoan bought our newspaper, a Bostonian bought our Dodgers, a guy from Phoenix bought the Angels... we still have no NFL team in LA. Where is the civic pride?
Quote:
Originally Posted by bjornson
NYC has more billionaires.
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I don't think that is true. I recently read an article (I've got to try and find it) that stated that LA also has the most billionaires. There is one stretch of beach in Malibu called "Billionaire's Row" because it has 10 or so billionaires living on the same beach.
Wealth always finds it's way into the hands of those who do the least with it.