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More Millionaires: L.A.'s Rich Get Richer
via Capgemini.
In these troubled times... the rich are getting richer! Los Angeles saw the second largest growth in millionaire club members, second only to Houston and its filthy rich oil execs, the Wall Street Journal reports.
To the relief of absolutely no one, The U.S. Metro Wealth Index today revealed that a quarter-million Angelenos are bloody rich, an increase of nearly 9 percent over 2009.
In other news, about 12.5 percent of L.A. County residents remain jobless.
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You come to LAist because you want independent reporting and trustworthy local information. Our nonprofit newsroom doesn’t answer to shareholders looking to turn a profit. Instead, we answer to you and our communities. We are free to follow facts wherever they lead and to hold power to account without fear or favor. Our only loyalty is to our readers and listeners and our mission: to inform, engage, and strengthen Southern California’s communities.
If this story helped you, please become a monthly member today to help sustain this mission. It just takes 1 minute to donate below.
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