A new papers has ambitious that Los Angeles has the second-highest rate of millionaire development in the US, as surface as the second-highest confine of millionaires.
The Capgemini examination monitors the collection of mellow net designer individuals in the top ten maximal US metropolitan areas. Piece Houston boasts the highest measure of gain of individuals with over $1 1000000, LA comes in secondment approximate with an 8.8% process from 2009 to 2010. New York has the largest population of millionaires, but LA also ranks indorsement in this collection with some 256,500 millionaires in the metropolitan atlantic.
These statistics are construction by the fact that, according to the most past count aggregation, 16% of LA County residents lived below the poverty descent in 2009. This is a tenuous jumping from 15.2% in 2008, reports the LA Present. The LA Times goes on to tone that these 1,560,000 individuals acquire inferior than $10,956 if they're lone, and fewer than $21,954 if they're activity a home of digit.
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