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San Francisco's Billionaire Row where the 1% live. End the Encampment We'll Visit You
San Francisco Billionaire's Row (San Francisco)
Coordinates: 37°47'35"N 122°26'38"W
Homes in this area of Pacific Heights offer spectacular exterior views of the San Francisco Bay that stretch from the Golden Gate Bridge past Alcatraz, Fisherman's Wharf and around to Treasure Island and the Bay Bridge. The residents have equally spectacular fortunes and include the Peter Haas family, the Getty Mansion and Larry Ellison. George Lucas just moved in.
Presume "Billionaire's Row" is allegedly Broadway W of Divisadero
Actually, most of SF's billionaires have houses on streets near Broadway in PacHts and PresidioHts....many are hedge fund, private equity, VC or tech guys; some work in City but most work in SiliconValley
But many of the most costly houses are owned by wealthy financial/tech guys whose primary home is in Woodside/Atherton....and they have a City house for some wkends when they come to SF for dinner, etc...and a few of the houses are owned as wkend houses by wealthy guys from NYC, Chicago, BeverlyHills, Dallas, etc
Read more: http://www.city-data.com/forum/san-francisco/301522-what-sorts-people-live-billionaires-row-3.html#ixzz1e0yqDbpk
LA & SF Metros rank near the top for Ultra High Net Worth Individuals
Quote:
Still, when it comes to uberwealthy citizens, New York far outpaced other U.S. cities. With 4,350 super-rich residents, Los Angeles ranked a distant second. San Francisco (4,230), Chicago (2,550) and Washington (2,300) rounded out the top five, while Seattle ranked 10th with 885 ultra high net worth individuals -- including Bill Gates.
This is the first time Wealth-X has conducted the study. The firm said its estimates are largely based on Census and tax data and include residents' shares in public and private companies, residential and investment properties, art collections, planes and other assets...
Where the super rich live: Mostly in New York City - Oct. 18, 2011
Metro Regions by Number of Individuals worth $30,000,000+
http://s.wsj.net/public/resources/im...1017130103.jpg
San Francisco 1 in every 1,765 people
Houston 1 in every 2,689 people
New York 1 in every 3,037 people
Dallas 1 in every 3,628 people
Washington 1 in every 3,727 people
Chicago 1 in every 3,798 people
Los Angeles 1 in every 4,109
Seattle 1 in every 4,744 people
Atlanta 1 in every 5,852 people
Boston 1 in every 8,493 people
Read more: http://www.city-data.com/forum/california/1407805-la-sf-metros-rank-near-top.html#ixzz1e0zgzwLn
Coordinates: 37°47'35"N 122°26'38"W
Homes in this area of Pacific Heights offer spectacular exterior views of the San Francisco Bay that stretch from the Golden Gate Bridge past Alcatraz, Fisherman's Wharf and around to Treasure Island and the Bay Bridge. The residents have equally spectacular fortunes and include the Peter Haas family, the Getty Mansion and Larry Ellison. George Lucas just moved in.
Presume "Billionaire's Row" is allegedly Broadway W of Divisadero
Actually, most of SF's billionaires have houses on streets near Broadway in PacHts and PresidioHts....many are hedge fund, private equity, VC or tech guys; some work in City but most work in SiliconValley
But many of the most costly houses are owned by wealthy financial/tech guys whose primary home is in Woodside/Atherton....and they have a City house for some wkends when they come to SF for dinner, etc...and a few of the houses are owned as wkend houses by wealthy guys from NYC, Chicago, BeverlyHills, Dallas, etc
Read more: http://www.city-data.com/forum/san-francisco/301522-what-sorts-people-live-billionaires-row-3.html#ixzz1e0yqDbpk
LA & SF Metros rank near the top for Ultra High Net Worth Individuals
Quote:
Still, when it comes to uberwealthy citizens, New York far outpaced other U.S. cities. With 4,350 super-rich residents, Los Angeles ranked a distant second. San Francisco (4,230), Chicago (2,550) and Washington (2,300) rounded out the top five, while Seattle ranked 10th with 885 ultra high net worth individuals -- including Bill Gates.
This is the first time Wealth-X has conducted the study. The firm said its estimates are largely based on Census and tax data and include residents' shares in public and private companies, residential and investment properties, art collections, planes and other assets...
Where the super rich live: Mostly in New York City - Oct. 18, 2011
Metro Regions by Number of Individuals worth $30,000,000+
http://s.wsj.net/public/resources/im...1017130103.jpg
San Francisco 1 in every 1,765 people
Houston 1 in every 2,689 people
New York 1 in every 3,037 people
Dallas 1 in every 3,628 people
Washington 1 in every 3,727 people
Chicago 1 in every 3,798 people
Los Angeles 1 in every 4,109
Seattle 1 in every 4,744 people
Atlanta 1 in every 5,852 people
Boston 1 in every 8,493 people
Read more: http://www.city-data.com/forum/california/1407805-la-sf-metros-rank-near-top.html#ixzz1e0zgzwLn
For more information:
http://wikimapia.org/330230/San-Francisco-...
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The top 1% have a pre-tax income of at least $300,000 a year and $1.2 million in net worth. See
http://mediaroots.org/who-rules-america-breaking-down-the-top-1.php
A large percentage of the homes in San Francisco are worth at least $1 million. A pre-tax income of $300,000 is easily earned by lawyers, doctors, and others. Thus, the top 1% easily includes the homeowners (houses and condominiums) of Pacific Heights and Presidio Heights as stated above, Sea Cliff, the Sunset and Richmond Districts (most of the homes in these 2 areas) , the Marina, Telegraph Hill, Russian Hill, Nob Hill, the Castro, Twin Peaks, West Portal, St. Francis Wood, North Embarcadero, and owners of condominiums in new buildings all around the City, including in the downtown area. A good source for data on home prices is the SF Chronicle's Data Center on home sales in San Francisco at:
http://www.sfgate.com/webdb/homesales/?appSession=408252568151427&RecordID=&PageID=2&PrevPageID=1&cpipage=10&CPISortType=&CPIorderBy=
In addition to their homes, they have savings accounts, stocks and bonds, fine art, expensive jewelry and sometimes luxury cars, all adding to their net worth.
The workingclass is the 80% of us who sell our labor for less than $77,000 a year, an income that is insufficient to buy anything in San Francisco, and thus qualifies us to be tenants. One needs at least $120,000 a year income to buy anything in San Francisco as that is when you need a tax shelter, which is what a house is; otherwise you are better off renting. Most of the workingclass are tenants in San Francisco, and we are 2/3 of the residents of San Francisco.
Thus, if you are going to visit the rich, you have a wide variety of choices. It is not just the billionaires, it is the millionaires and those whose net worth is at least $1.2 million plus a pretax income of $300,000 a year who are the top 1%.
As to services we need, we do not need any police at all. That profound waste must end by closing the police department and transferring all that money to the education, job training and social services departments. The police cannot fight crime even if they want to as the cause of crime is not lack of police; it is poverty.
http://mediaroots.org/who-rules-america-breaking-down-the-top-1.php
A large percentage of the homes in San Francisco are worth at least $1 million. A pre-tax income of $300,000 is easily earned by lawyers, doctors, and others. Thus, the top 1% easily includes the homeowners (houses and condominiums) of Pacific Heights and Presidio Heights as stated above, Sea Cliff, the Sunset and Richmond Districts (most of the homes in these 2 areas) , the Marina, Telegraph Hill, Russian Hill, Nob Hill, the Castro, Twin Peaks, West Portal, St. Francis Wood, North Embarcadero, and owners of condominiums in new buildings all around the City, including in the downtown area. A good source for data on home prices is the SF Chronicle's Data Center on home sales in San Francisco at:
http://www.sfgate.com/webdb/homesales/?appSession=408252568151427&RecordID=&PageID=2&PrevPageID=1&cpipage=10&CPISortType=&CPIorderBy=
In addition to their homes, they have savings accounts, stocks and bonds, fine art, expensive jewelry and sometimes luxury cars, all adding to their net worth.
The workingclass is the 80% of us who sell our labor for less than $77,000 a year, an income that is insufficient to buy anything in San Francisco, and thus qualifies us to be tenants. One needs at least $120,000 a year income to buy anything in San Francisco as that is when you need a tax shelter, which is what a house is; otherwise you are better off renting. Most of the workingclass are tenants in San Francisco, and we are 2/3 of the residents of San Francisco.
Thus, if you are going to visit the rich, you have a wide variety of choices. It is not just the billionaires, it is the millionaires and those whose net worth is at least $1.2 million plus a pretax income of $300,000 a year who are the top 1%.
As to services we need, we do not need any police at all. That profound waste must end by closing the police department and transferring all that money to the education, job training and social services departments. The police cannot fight crime even if they want to as the cause of crime is not lack of police; it is poverty.
For more information:
http://mediaroots.org/who-rules-america-br...
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