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
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
This Day in History: , First St. Patrick's
Day Parade.
March 17, 1762.
The first St. Patrick's Day parade is widely
regarded as having been celebrated in New York City
by Irish soldiers serving in the British army.
The day honors the patron saint of Ireland, who was born to a Christian family in Britain in the 4th century.
St. Patrick is credited with converting
almost all of Ireland to Christianity
before his death.
One of the most revered legends about
the saint is his explanation of the Holy Trinity
using a three-leafed shamrock.
Early Irish immigrants brought his
feast day with them to America.
According to the National Retail Association, Americans spent nearly $6 billion for St. Patrick's Day in 2018
Credit: Wibbitz Top Stories Duration: 01:00Published
10 Things You May Not
Know About St. Patrick's Day.
1. The shortest St. Patrick's Day
parade only runs for 98 feet and
takes place in Hot Springs, Arkansas.
2. Saint Patrick’s birth name was actually
Maewyn Succat. He changed it to
Patricius after becoming a priest.
3. Shamrocks are said to have
been used by Saint Patrick as a
metaphor for the Holy Trinity.
4. Corned beef doesn’t actually contain corn.
It's name come from the use
of salt "corns" to cure meat.
5. Saint Patrick famously wore a
light shade of blue, not the traditional
green that is constantly seen.
6. Green became a significant color for
Ireland during its 1641 rebellion. Its importance
then carried over to St. Patrick’s Day.
7. St. Patrick’s Day used to be a strictly
religious and alcohol-free holiday in Ireland.
8. Saint Patrick wasn't actually Irish.
He was born in Britain and kidnapped
by Irish pirates at a young age.
9. In traditional Irish folk tales,
female leprechauns don’t exist.
10. The U.S. has 32 million people of
Irish descent, while Ireland’s total
population is only 4.7 million
Credit: Wibbitz Top Stories Duration: 01:22Published
7 , St. Patrick's Day Traditions:, Explained.
Everyone is Irish on St. Patrick's Day,
but why are these traditions so significant?.
1. St. Patrick.
Patrick was an Irish missionary who
was kidnapped as a child and
brought to Ireland. March 17 is
believed to be the day of his death.
2. The Green River
in Chicago.
The Chicago River has been
traditionally dyed green for over 50
years. The color green is derived
from the green strip in the Irish flag.
3. Parades.
The first St. Patrick’s Day parade
in the U.S. was in 1762. They allow
people to proudly celebrate their
Irish-American identity.
4. Shamrocks.
Shamrocks used to be worn by the
Irish in defiance of the ruling British
class and to represent kinship
among the native people.
5. Drinking Guinness.
This Irish stout is the drink
of choice on St. Patrick's Day,
with about 13 million pints
consumed on the holiday.
6. Leprechauns.
These little green men come from
8th century Irish folklore. They were
said to make shoes and wreck
havoc on unsuspecting humans.
7. Corned Beef
and Cabbage.
This tradition was begun by poor
Irish-Americans of the 19th century.
Corned beef and cabbage were
the affordable option
Credit: Wibbitz Top Stories Duration: 01:34Published
Pro-Palestinian protesters disrupted many Chicago travelers' plans by blocking the entrance to the O'Hare International Airport ... forcing several people to.. TMZ.com
These 5 US Cities Have the , Fastest-Rising Home Prices.
'Newsweek' reports that five cities in the
United States saw home prices increase by more
than 8% between January 2023 and January 2024.
The S&P CoreLogic Case-Shiller National Home Price
Index showed that all 20 cities analyzed had year-
over-year increases during the same period of time.
According to the report, , these are the five cities where , home prices grew the fastest:.
Chicago, IL, Home prices increased by 8%
year-over-year in the Windy City.
According to the latest Redfin data, the median sale price of a house in Chicago was $335,000 as of February 2024, a 6.3% increase compared to the same time last year.
Charlotte, NC, Charlotte saw home prices increase
by 8.1% year-over-year for 2024,
with the median home price at $399,995.
Detroit, MI, Motor City saw home prices jump 8.3%. The median sale price of a home was $83,000, a significant 15.3% increase compared to 2023.
'Newsweek' reports that while Detroit has some of the cheapest
home prices in the nation, its housing market is seeing a
resurgence due to a boom in electric vehicle production.
'Newsweek' reports that while Detroit has some of the cheapest
home prices in the nation, its housing market is seeing a
resurgence due to a boom in electric vehicle production.
Los Angeles, CA, The city's 8.6% hike ranked as the second-highest
price increase in the nation with the median home
price at $975,000, a 5.9% increase year-over-year.
San Diego, CA, San Diego registered a whopping 11.2%
price increase for 2023 with the median sale price
sitting at $940,000, a 10% year-over-year increase.
Credit: Wibbitz Top Stories Duration: 01:31Published
Lollapalooza 2024 , Headliners Announced.
Lollapalooza 2024 , Headliners Announced.
Headliners for the annual Chicago
festival were announced on March 19.
They are Blink-182, Future, Hozier.
They are Blink-182, Future, Hozier.
They are Blink-182, Future, Hozier.
the Killers, Melanie Martinez, Metro Boomin.
the Killers, Melanie Martinez, Metro Boomin.
the Killers, Melanie Martinez, Metro Boomin.
Skrillex, Stray Kids, SZA and Tyler, the Creator. .
Skrillex, Stray Kids, SZA and Tyler, the Creator. .
Skrillex, Stray Kids, SZA and Tyler, the Creator. .
Skrillex, Stray Kids, SZA and Tyler, the Creator. .
Other big-name performers
include Deftones, Killer Mike.
Other big-name performers
include Deftones, Killer Mike.
Kesha, Renee Rapp, Kenny Beats.
Kesha, Renee Rapp, Kenny Beats.
Kesha, Renee Rapp, Kenny Beats.
Pierce the Veil, Zedd, Victoria Monet,
Vince Staples and more.
Pierce the Veil, Zedd, Victoria Monet,
Vince Staples and more.
Pierce the Veil, Zedd, Victoria Monet,
Vince Staples and more.
Pierce the Veil, Zedd, Victoria Monet,
Vince Staples and more.
This year, the festival will take place
from Aug 1-4 in Grant Park. .
Presale begins March 21 at 10 a.m. Ticket prices
will increase at noon when the public sale begins.
The cost of a 4-Day General
Admission Ticket starts at $385
Credit: Wibbitz Top Stories Duration: 01:30Published
Two brands which have for decades been among the biggest commercial backers of elite European rugby are engaged in a multimillion pound bidding war to become the.. Sky News
The cost-of-living crisis and the end of the Covid-19 pandemic have been reflected in the Office for National Statistics’ ‘basket of goods’, which measures the UK’s inflation rate. A pint of Guinness and hand sanitiser have been removed whilst gluten-free bread and air fryers are in. Vinyl records have made a return to the basket after a 32-year absence, thanks in part to the success of a Taylor Swift album. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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