looks like we should be focusing on NY and Cali more.
carlosos on
Most surprising is that New York is in second place while Texas in 4th place just due to New York being less populous than Florida while Texas is more populous. At least California and Florida seem where they should be just by having the average amount of billionaires by population.
LeOmeletteDuFrommage on
This is billionaires moving to FL right? Not necessarily that FL is producing billionaires at an accelerated rate?
funkiestj on
not particularly beautiful
1. isn’t this just a graph of stock market performance?
2. fixed arbitrary cutoffs like “billionaire” aren’t particularly informative IMO. Things like wealth percentile vs wealth ownership percentage are far more useful as they are comparable across time.
IHateCreatingSNs on
If you were a billionaire, you would likely have a house in California, a house in NY, a house in Florida, and a lot of other places as well. For billionaires, it’s not about where you want to live. It’s about where you want to pay taxes.
eilif_myrhe on
That’s a lot of guillotines.
cldfsnt on
My brain read this two times as Florida’s Growing Billionaire Problem
turb0_encapsulator on
The economy is ossified now after the enormous changes the Internet made in the early party of the 21st century. So people who have made their money are now moving to tax shelters rather that staying in the places that are conducive to making money.
8 Comments
looks like we should be focusing on NY and Cali more.
Most surprising is that New York is in second place while Texas in 4th place just due to New York being less populous than Florida while Texas is more populous. At least California and Florida seem where they should be just by having the average amount of billionaires by population.
This is billionaires moving to FL right? Not necessarily that FL is producing billionaires at an accelerated rate?
not particularly beautiful
1. isn’t this just a graph of stock market performance?
2. fixed arbitrary cutoffs like “billionaire” aren’t particularly informative IMO. Things like wealth percentile vs wealth ownership percentage are far more useful as they are comparable across time.
If you were a billionaire, you would likely have a house in California, a house in NY, a house in Florida, and a lot of other places as well. For billionaires, it’s not about where you want to live. It’s about where you want to pay taxes.
That’s a lot of guillotines.
My brain read this two times as Florida’s Growing Billionaire Problem
The economy is ossified now after the enormous changes the Internet made in the early party of the 21st century. So people who have made their money are now moving to tax shelters rather that staying in the places that are conducive to making money.