85 Californians named among Forbes 400 Richest Americans, 2011 (Los Angeles, San Diego: credit, purchase, calculated)

[18Montclair]

The Richest People in America - Forbes

Los Angeles Area: 35
26 Donald Bren, Newport Beach, $12 Billion
39 Patrick Soon-Shiong, Los Angeles, $7 Billion
48 Eli Broad, Los Angles, $6.3 Billion
58 David Geffen, Malibu, $5.5 Billion
80 Sumner Redstone, Beverly Hills, 4.1 Billion
88 Jin Sook & Do Won Chang, Beverly Hills, $3.6 Billion
107 Steven Udvar-Hazy, Beverly Hills, $3.2 Billion
117-tied Kirk Kerkorian, Beverly Hills, $3 Billion
117-tied Steven Spielberg, Pacific Palisades, $3 Billion
128 Haim Saban, Beverly Hills, $2.9 Billion
130-tied David Sun, Irvine, $2.8 Billion
130-tied John Tu, Rolling Hills, $2.8 Billion
139 David Murdock, Los Angeles, $2.7 Billion
150 Cargill MacMillan, Indian Wells, $2.6 Billion
159-tied Anthony Pritzker, Los Angeles, $2.5 Billion
171-tied Nicolas Berggruen, Beverly Hills, $2.3 Billionaire
171-tied Tamara Gustavson, Malibu, $2.3 Billion
171-tied A. Jerrold Perenchino, Bel Air, $2.3 Billion
188-tied Jack Dangermond, Redlands, $2.2 Billion
188-tied Bill Gross, Laguna Beach, $2.2 Billion
200-tied Michael Milkin, Los Angeles, $2.1 Billion
200-tied Edward Roski, Los Angeles, $2.1 Billion
212 Steward & Lynda Resnick, Beverly Hills, $2 Billion
227-tied Alec Gores, Beverly Hills, $1.9 Billion
227-tied David Hearst, Los Angeles, $1.9 Billion
260 George Argyos, Newport Beach, $1.75 Billion
263 Henry Samueli, Newport Beach, $1.7 Billion
273-tied Bruce Karsh, Los Angeles, $1.6 Billion
273-tied Howard Marks, Los Angeles, $1.6 Billion
293 Donald Sterling, Beverly Hills, $1.5 Billion
312 Gary Michaelson, Los Angeles, $1.4 Billion
331 Henry Nichols, Newport Coast, $1.3 Billion
359 Alan Casden, Beverly Hills, $1.2 Billion
375-tied Thomas Barrack, Los Angeles, $1.1 Billion
375-tied George Joseph, Los Angeles, $1.1 Billion

Redding: 1
150 Archie Aldis Emmerson, Redding, $2.6 Billion

San Diego: 2
3372 Irwin Jacobs, La Jolla, $1.15 Billion
31 Charles Brandes, San Diego, $1.3 Billion

San Francisco Bay Area: 45
3 Larry Ellison, Woodside, $33 Billion
14 Mark Zuckerberg, Palo Alto, $17.5 Billion
15-tied Sergey Brin, Los Altos, $16.7 Billion
15-tied Larry Page, Palo Alto, $16.7 Billion
26 Steve Jobs, Palo Alto, $7 Billion
50 Eric Schmidt, Atherton, $6.2 Billion
69 Rupert Johnson, Burlingame, $4.5 Billion
72 Charles Johnson, Hillsborough, $4.4 Billion
86 Gordon Moore, Woodside, $3.7 Billion
91-tied Dustin Moscovitz, San Francisco, $3.5 Billion
91-tied Charles Schwab, Atherton, $3.5 Billion
96 George Lucas, San Anselmo, $3.2 Billion
107 John A. Sobrato, Atherton, $3.2 Billion
117-tied Riley Bechtel, San Francisco, $3 Billion
117-tied Stephen Bechtel, San Francisco, $3 Billion
139 Jeffrey Skoll, Los Altos, $2.7 Billion
166 Ray Dolby, San Francisco, $2.4 Billion
171 John Doerr, Woodside, $2.3 Billion
188 Willaiam Randolph Hearst, San Francisco, $2.2 Billion
212-tied Doris Fisher, San Francisco, $2 Billion
212-tied Mark Pincus, San Francisco, $2 Billion
212-tied Romesh T. Wadhwani, Palo Alto, $2 Billion
227-tied Mark Benioff, San Francisco, $1.9 Billion
227-tied Phoebe Hearst Cooke, San Francisco, $1.9 Billion
227-tied James Coulter, San Francisco, $1.9 Billion
227-tied Richard Peery, Palo Alto, $1.9 Billion
227-tied John Pritzker, San Francisco, $1.9 Billion
242-tied John Arrillaga, Portola Valley, $1.8 Billion
242-tied Thomas Siebel, Woodside, $1.8 Billion
263 Ken Fisher, Woodside, $1.7 Billion
273-tied Michael Moritz, San Francisco, $1.6 Billion
273-tied Daniel Pritzker, Marin County, $1.6 Billion
273-tied Kavitark Ram Shirarm, Menlo Park, $1.6 Billion
293 John Fisher, San Francisco, $1.5 Billion
293-tied Reid Hoffman, Palo Alto, $1.5 Billion
293-tied Peter Thiel, San Francisco, $1.5 Billion
331-tied Scott Cook, Woodside, $1.3 Billion
331-tied David Duffield, Blackhawk, $1.3 Billion
331-tied Vinod Khosla, Portola Valley, $1.3 Billion
331-tied Thomas Steyer, San Francisco, $1.3 Billion
331-tied Meg Whitman, Atherton, $1.3 Billion
375-tied Jim Breyer, Woodside, $1.1 Billion
375-tied David Filo, Palo Alto, $1.1 Billion
375-tied Mark Stephens, Atherton, $1.1 Billion
375-tied Jerry Yang, Los Altos Hills, $1.1 Billion

San Luis Obispo-Paso Robles: 1
227 George Hearst, Paso Robles, $1.9 Billion

Stockton: 1
375 Alexander Spanos, Stockton, $1.1 Billion

[nullgeo]

Link this thread to the one on more than 6 million Californians living at poverty level --
//www.city-data.com/forum/calif...ians-over.html
-- and you've got the makings of an interesting conversation ... consider, over 20% of the country's richest folks living in the same state as 12% of the nation's population ... which state contains 14% of the nation's poverty demographic -- roughly calculated.

[CarawayDJ]

Nothing surprising here. Credit mother nature for rich people wanting to set up shop and live in a beautiful state with great weather. Mother nature is why it will take a lot of punishment and pain to get all those with money to leave.

Rest assured though, Sacramento and anyone governing out of Sacramento has nothing to do with this.

[BayAreaHillbilly]

News flash, this state has a high high and a low low and not much in between.

When a mere millionaire feels like a chump, you know things are out of whack.

[user_id]

Originally Posted by BayAreaHillbilly

When a mere millionaire feels like a chump, you know things are out of whack.

A millionaire would live rather nicely in the vast majority of the state...

Anyhow, this is around double more than you'd expect by population alone.

[hsw]

Doubt anyone that wealthy knows own net worth with as much precision as some moron journalist claims...

Interesting how little wealth has been created in SF's vast, communist EastBay slums (incl Berkeley)...or how little wealth chooses to reside in SJ itself...CA really is Woodside/Atherton/PaloAlto, with SF and BevHills as distant suburbs

And suspect much of biggest wealth in CA (or TX or NYC) is self-made by kids who grew up in middle-income suburbia somewhere but seemed to figure out how to move up in an allegedly unfair, big, bad world

Perhaps the poors or middle-incomes or commies complaining about stagnant incomes, etc should examine own lack of relevant job skills, work ethic and lifestyle choices before blaming high achievers of US for "inequality"

In a competitive, tech-driven, globalized world full of creative destruction, sclerotic cos. like HP or GM/Ford are continually beaten by newer, better cos. (and workers) or old cos. like Apple make a spectacular comeback based upon own innovation, creating massive wealth for shareholders and workers (who are often paid in stock)...welfare parasites, whether individuals or cos., seem to live off taxpayers for generations while sanctimoniously complaining about how life is unfair...it's some rich dude's fault or it's Goldman's fault or it's China's fault or (in '80s) it's Japan's fault...blah-blah

Besides, shouldn't commies and environmentalists also favor natural selection to prevail as people of varying DNA/values freely make own choices in life...and live with divergent outcomes???? Planet is overpopulated with polluting, parasitic underachievers: let natural selection prevail...

[18Montclair]

Originally Posted by hsw

Interesting how little wealth has been created in SF's vast, communist EastBay slums (incl Berkeley)...

The East Bay is a very wealthy place, and has at least 4 billionaires not named here because Forbes only counts 'working' billionaires. SF has several not mentioned as well.

Also, your endlessly ignorant and moronic comments about the East Bay, an area that is worlds more interesting than boring and sleepy Woodside and Palo Alto lead me to wonder a question that Id like you to answer:

Do lower and middle income families deserve somewhere affordable to live?

If your answer is no, then where are the people who wipe the @sses of rich Peninsulans supposed to live? You support affordable housing ordinances fo Atherton and Portola Valley?? Or do you support forcing employers to pay their maids $300,000 a year so they can afford to live in Los Altos Hills?Hahahahaha...I thought so.

If your answer is yes, then doesnt the East Bay simply provide a place for them to live? Hence this antagonistic view you have of the East Bay is nonsensical rubbish.

The ultimate irony of your constant haranguing of the East Bay is that in reality, based on your comments, your ideal utopia would be Sweden or Norway where the govt makes sure everyone lives well by taxing people up the yahoo.

[yeahthatguy]

Originally Posted by hsw

Doubt anyone that wealthy knows own net worth with as much precision as some moron journalist claims...

Interesting how little wealth has been created in SF's vast, communist EastBay slums (incl Berkeley)...or how little wealth chooses to reside in SJ itself...CA really is Woodside/Atherton/PaloAlto, with SF and BevHills as distant suburbs

And suspect much of biggest wealth in CA (or TX or NYC) is self-made by kids who grew up in middle-income suburbia somewhere but seemed to figure out how to move up in an allegedly unfair, big, bad world

Perhaps the poors or middle-incomes or commies complaining about stagnant incomes, etc should examine own lack of relevant job skills, work ethic and lifestyle choices before blaming high achievers of US for "inequality"

In a competitive, tech-driven, globalized world full of creative destruction, sclerotic cos. like HP or GM/Ford are continually beaten by newer, better cos. (and workers) or old cos. like Apple make a spectacular comeback based upon own innovation, creating massive wealth for shareholders and workers (who are often paid in stock)...welfare parasites, whether individuals or cos., seem to live off taxpayers for generations while sanctimoniously complaining about how life is unfair...it's some rich dude's fault or it's Goldman's fault or it's China's fault or (in '80s) it's Japan's fault...blah-blah

Besides, shouldn't commies and environmentalists also favor natural selection to prevail as people of varying DNA/values freely make own choices in life...and live with divergent outcomes???? Planet is overpopulated with polluting, parasitic underachievers: let natural selection prevail...

[Grim Reader]

Originally Posted by 18Montclair

The ultimate irony of your constant haranguing of the East Bay is that in reality, based on your comments, your ideal utopia would be Sweden or Norway where the govt makes sure everyone lives well by taxing people up the yahoo.

Don't know about Sweden, but taxes in Norway are only slightly higher than in a high-tax US state. About 7 % higher than New York as I remember. The average person pays about 25 %.

The big difference is what you get in return for your taxes, as I remember. Norwegians on the average don't mind the high taxes becuase it is felt to purchase a world-class product.

[18Montclair]

Originally Posted by Grim Reader

Don't know about Sweden, but taxes in Norway are only slightly higher than in a high-tax US state. About 7 % higher than New York as I remember. The average person pays about 25 %.

The big difference is what you get in return for your taxes, as I remember. Norwegians on the average don't mind the high taxes becuase it is felt to purchase a world-class product.

7% higher than New York is practically 100% in the minds of these 'free-market' hypocrites who on the one hand brag about how great it is for everyone to fend for themselves no matter what, and then slam other places they deem to be inferior as poor and slummy.

I didnt realize hsw was so concerned about the distribution of wealth? How caring of him.