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Nine households control 15% of wealth in Silicon Valley as inequality widens

⁨163⁩ ⁨likes⁩

Submitted ⁨⁨12⁩ ⁨hours⁩ ago⁩ by ⁨return2ozma@lemmy.world⁩ to ⁨aboringdystopia@lemmy.world⁩

https://www.theguardian.com/us-news/2025/jul/21/silicon-valley-income-wealth-gap

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Comments

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  • SoftestSapphic@lemmy.world ⁨11⁩ ⁨hours⁩ ago

    Nothing will meaningfully improve until the rich fear for their lives

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    • Luouth@lemmy.world ⁨10⁩ ⁨hours⁩ ago

      I’m sure they will when the food runs out and that old saying involving edible affluents becomes a reality

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  • A_norny_mousse@feddit.org ⁨9⁩ ⁨hours⁩ ago

    Silicon Valley Pain Index

    • A mere 0.1% of residents hold 71% of the tech hub’s wealth.
    • wealth divide widened in Silicon Valley at double the rate of the whole US over the past decade

    Remember that the wealth divide is bad enough in the US already.

    These people know exactly why they support Trump.

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  • jjjalljs@ttrpg.network ⁨7⁩ ⁨hours⁩ ago

    Nine households? We could visit them all in one day!

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    • SebaDC@discuss.tchncs.de ⁨2⁩ ⁨hours⁩ ago

      After les châteaux de la Loire, les barons de California.

      Do they organize wine tasting?

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  • Luouth@lemmy.world ⁨10⁩ ⁨hours⁩ ago

    Sounds like Silicon Valley needs a sandstorm

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    • BeardedGingerWonder@feddit.uk ⁨9⁩ ⁨hours⁩ ago

      Just waiting for the drop

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      • Luouth@lemmy.world ⁨41⁩ ⁨minutes⁩ ago

        youtu.be/5Rk8u2FTaG0

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