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These US Cities, Have the Highest Populations of, Millionaires.
According to a report by Henley & Partners,
the United States remains the top country in the
world for private wealth creation and accumulation.
Quartz reports that the U.S. accounts
for about 32% of global liquid investable
wealth, valued at approximately $67 trillion.
Here are some of the cities
with the largest populations of
millionaires, according to the report.
Austin, This Texas city had the biggest explosion
in millionaire growth in the U.S. over the past
ten years, reaching 32,700 by the end of 2023. .
Miami, This Florida city is home to
35,300 millionaires and 15 billionaires,
including Amazon CEO Jeff Bezos.
Boston, While having just eight billionaires,
the fewest of any other city on the list,
this New England city is home to , 42,900 millionaires.
Seattle, This Washington State city is the home of
some of the largest corporations in the U.S.,
including Amazon and Microsoft. It's also
home to 54,200 millionaires and 11 billionaires. .
Chicago, Approximately 120,500 millionaires
live in this Midwestern metropolis. .
Los Angeles, The second-most populous city in the U.S. has about, 212,100 millionaires and 43 billionaires.
San Francisco, The tech hub of the U.S. boasts the most
billionaires with a whopping 68, as well as
the second-most millionaires with 305,700. .
New York, The city with the most high
net worth individuals has about , 349,500 millionaires
and 60 billionaires
Credit: Wibbitz Top Stories Duration: 01:31Published
St. Patrick's Day
by the Numbers.
Everyone can be
Irish for a day on March 17.
In the U.S., St. Patrick's Day
has evolved into a reason to
celebrate your Irish heritage.
On average, 13 million pints of Guinness
are served on March 17.
Chicago has a famous tradition
of dyeing its river green.
The tradition started in 1942,
and takes 40 pounds of dye.
Boston is a great place to
celebrate with its annual parade.
It is the most Irish city in the U.S.,
with 20.4% of its citizens are of Irish ancestry.
79% of celebrators plan to wear green.
Credit: Wibbitz Top Stories Duration: 00:56Published
This Day in History: , Alexander Graham Bell
Patents the Telephone.
March 7, 1876.
Born in Scotland, Bell relocated to Boston after he
worked with the deaf in London.
Through his work at Boston's Pemberton Avenue School
for the Deaf, Bell began to develop the ideas
that would lead to the invention.
Seeking to improve upon the then-cutting edge
telegraph technology, Bell sought to
create a "harmonic telegraph.".
He wanted to combine the long-distance
communication abilities of the telegraph with
the sound-producing abilities of the record player.
Working with Thomas A. Watson,
the inventors created a device that used an
electric current to transmit sound.
Days after the patent approval,
the first message carried by telephone was Bell's
famous request, "Mr. Watson, come here, I need you."
Credit: Wibbitz Top Stories Duration: 00:59Published
JetBlue and Spirit , Terminate Proposed Merger.
On March 4, JetBlue and Spirit Airlines
announced that a court ruling has blocked
the companies' proposed $3.8 billion merger. .
On March 4, JetBlue and Spirit Airlines
announced that a court ruling has blocked
the companies' proposed $3.8 billion merger. .
Associated Press reports that JetBlue said the
two companies are unlikely to meet the required
closing conditions prior to a July 24 deadline.
Both companies' CEOs expressed
disappointment in canceling
the potential deal. .
We are proud of the work we
did with Spirit to lay out a vision
to challenge the status quo, but given
the hurdles to closing that remain,
we decided together that both airlines’
interests are better served by
moving forward independently, Joanna Geraghty, JetBlue CEO, via Associated Press.
We are proud of the work we
did with Spirit to lay out a vision
to challenge the status quo, but given
the hurdles to closing that remain,
we decided together that both airlines’
interests are better served by
moving forward independently, Joanna Geraghty, JetBlue CEO, via Associated Press.
We are disappointed we cannot move
forward with a deal that would save
hundreds of millions for consumers
and create a real challenger to the
dominant ‘Big 4’ U.S. airlines, Ted Christie, Spirit CEO, via Associated Press.
However, we remain confident
in our future as a successful
independent airline, Ted Christie, Spirit CEO, via Associated Press.
AP reports that JetBlue will be required to
pay Spirit a termination fee of $69 million.
Last year, the Justice Department moved to
block the merger, claiming it would reduce
competition and drive up costs for consumers.
In January, a Boston federal
district judge blocked the deal,
claiming it would violate antitrust laws. .
News of the cancellation drove
shares of JetBlue Airways up
over 5% in premarket trading.
At the same time, news of the
abandoned merger caused stock
in Spirit to drop over 13%
Credit: Wibbitz Top Stories Duration: 01:31Published
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