California Business Minute™

Hi, I am Tim Johnson and welcome to the California Business Minute.

Forbes magazine recently released their list of the 400 richest Americans.

California leads the nation with 25 percent of the list coming from California.
Unfortunately the wealthiest Bill Gates resides in Washington. However, Larry
Ellison, Oracle is fourth; Sergey Brin and Larry Page from Google are tied at fifth
and Kirk Kerkorian is seventh.

The majority of California’s richest reside in Los Angeles or in San Francisco a
close second or in their suburbs.

40 percent of the top ten richest in the nation are from California. California leads
the list of the states with the most residents on the list followed by New York and
then Texas comprising 52 percent of the total number of people on the list. 
 
I am Tim Johnson and this has been the California Business Minute.