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How rich is Silicon Valley?
$14.3 trillion

Nation's largest income gaps, highest housing prices

February 28, 2024 – Joint Venture Silicon Valley's Institute for Regional Studies today released the 2024 Silicon Valley Index, revealing that the region achieved an unprecedented market cap of $14.3 trillion.In Silicon Valley, we have some of the world's biggest winners.” Santa Clara and San Mateo counties had 163,000 millionaire households in 2022, which the report defined as households that had more than $1 million in investable assets.Part 1: Who Owns Silicon Valley Stanford University, Apple, Google, Cisco, Intel and several real estate companies are among Silicon Valley's top property owners according to an analysis of Santa Clara County assessor records for 2018.

How big is Silicon Valley : 1,854 square miles

Silicon Valley covers an area of 1,854 square miles and is home to about three million people. It is located in the Bay region of California. Although its boundaries are somewhat nebulous, they generally include: All of Santa Clara and San Mateo counties.

Do billionaires live in Silicon Valley

8 billionaires own more wealth than 50% of households

Only 8 Silicon Valley residents, who are among the region's top billionaires, "hold more wealth than 50 percent of the region's households combined (nearly 500,000 households)", the study pointed out.

Is Silicon Valley very expensive : Housing: Housing prices in Silicon Valley are among the highest in the United States. Renting or buying a home can be significantly more expensive compared to many other cities. Prices can vary depending on the specific location within Silicon Valley.

To belong to the 1% in America, your net worth would have to be about $5.8 million or higher, according to the new Wealth Report from real estate company Knight Frank.

The 10,000 wealthiest individuals of the 92 million Indian adults own an average of Rs 22.6 billion ($271.91 million) in wealth, 16,763 times the country's average, while the top 1% possessing an average of 54 million in wealth.

Is Bill Gates in Silicon Valley

“Silicon Valley” wrapped up six seasons on HBO on Sunday night with a series finale called “Exit Event” — and Microsoft co-founder Bill Gates entered for a cameo appearance.New York City is also home to 744 centi-millionaires, worth at least $100 million; and 60 billionaires. The combined total wealth of the city's residents is greater than $3 trillion.To be in the top 1% in the Bay Area you have to make close $1M per year. Top 1% in San Jose is $964,238 (with the average person in the top 1% making $2,732,379), so right on target. https://www.cnbc.com/2017/06/14/how-much-you-have-to-earn-to…

According to PayScale, the average software engineer salary in Silicon Valley ranges between $94K and $162K a year. The median pay is $128K which is almost 19% higher than the annual mean wage across all computer and mathematical occupations.

Who is in the 1% : The income of those in the top 1% is many multiples above that of the average American. According to a Congressional Budget Office report, you need at least $652,657 in income per year to make the top 1%, but this varies by where you live.

What is the top 1% in the world : You now need a net worth of at least $5.8 million in order to be part of that small but elite group, according to the upcoming 2024 wealth report from Knight Frank. That is a notable 12% increase from the $5.1 million needed just one year ago.

Who owns 50% of the world’s wealth

The richest 1% own almost half of the world's wealth, while the poorest half of the world own just 0.75%

In the heart of Silicon Valley, the Netflix Los Gatos headquarters offers a spacious indoor/outdoor campus near the Los Gatos Creek Trail. We value collaboration at Netflix, so workspaces are designed to be open in order facilitate discussion and brainstorming.The show is a parody, so it exaggerates things, but like all great parodies it captures a lot of truths. Most of the different personality types you see in the show feel very familiar to me. The programmers are smart, super-competitive even with their friends, and a bit clueless when it comes to social cues.

How many billionaires live in LA : Total billionaires: 53 | Since last year: +19 | Total net worth: $222 billion | Richest resident: John Tu ($13.6 billion)