Facebook IPO Increases Wealth in the Silicon Valley

The two counties that make up Silicon Valley have some of the highest concentrations of wealth in the country, and the share of wealthy households is growing, according to the census. Nearly 14 percent of all households in Santa Clara and San Mateo Counties earn more than $200,000 a year, just below the 16 percent of households in Manhattan.

This story, “Reticent Rich: Preferred Style in Silicon Valley,” originally appeared in The New York Times.

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About Cameron Ackbury, CPA

Founding Director at DaggerFoil Group
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