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News

More Millionaires: L.A.'s Rich Get Richer

millionaires.jpg
via Capgemini.
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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.