California: Poster child of income inequality in America
California is a land of extremes: from its climate change fluctuations, to its wealth. Currently, it is experiencing a drought and water crisis so badly that estimates have it that the US state has only enough water left for one year.
Meanwhile, at the other end of the spectrum, California has the 7th largest economy in the world. Yet, it is home to more super rich than anywhere else in the country, and it has the highest poverty rate in the nation, while having the most millionaires.
According to Forbes, California also has the most billionaires in the world: Nearly 1 in 14 of the World's Billionaires Lives in California.
The Silicon Valley is a prime example, where property prices have shot up, forcing many people to leave the state.
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