Chema Hernández Gil on Nostr: The Bay Area has the highest number of billionaires in the world and the second ...
The Bay Area has the highest number of billionaires in the world and the second highest number of centi-billionaires. There are 285,000 millionaires, whose numbers exploded during the pandemic.
Meanwhile, relative and absolute inequality has continued to grow. In SF, the number of people living in poverty has gone from 7% to more than 11%. 1 in 9 children in San Francisco live in poverty.
These folks can drop millions of dollars into political campaigns to build political power like we buy a burrito. They can set the agenda and control the narrative.
Tech-rooted groups seek to shake up San Francisco politics
TogetherSF Action, Abundant SF and Grow SF
with a number of ties to Mayor Breed as well
And then of course all the VC and tech guys buying up power and control in San Francisco, like Chris Larsen, Zach Rosen, Garry Tan, David Sacks, Marc Benioff, etc.
It's increasingly their town - and you just live in it. For now.
https://apnews.com/article/tech-san-francisco-politics-crime-housing-7ab344243599d619db3b92d9ed74bb81
Published at
2023-04-29 22:04:52Event JSON
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