Atherton, California, is the richest city in The US with an moderate annual household earnings of $525,000. Positioned 20 miles from Silicon Valley, the San Francisco suburb is dwelling to the many tech titans of Google
Brilliant this, Americans would be simply to inquire of why Nancy Pelosi’s Heroes Act shelled out $3.8 million in coronavirus “motivate” money to Atherton. We contacted Speaker Pelosi and the Atherton city supervisor for observation and did no longer glean a response.
Atherton isn’t the most efficient filthy rich suburb to glean bailouts from American taxpayers. Our auditors at OpenTheBooks.com rotten-referenced the nation’s 50 richest communities listed in the Bloomberg 2020 Richest Locations with Heroes Act coronavirus bailouts.
We chanced on the 50 richest locations in the nation received $350 million in bailouts.
In these filthy rich communities, the frequent household earnings ranged from #1 Atherton, CA ($525,324) to #50 Darnestown, MD ($262,988). Other top locations incorporated:
- #16 Passe Greenwich, CT ($321,377 earnings/ $5.9 million bailout)
- #18 Palm Seaside, FL ($314,090 earnings/ $4.4 million bailout)
- #36 Wellesley, MA ($277,568 earnings/ $14.7 million bailout)
- #37 Malibu, CA ($275,675 earnings/ $6.3 million bailout)
- #46 Lake Forest, IL ($265,477 earnings/ $9.7 million bailout)
Listed below are the Top 10 Richest Locations in The US and the diagram in which they split their Heroes Act bailout allocation:
#1. Atherton, CA (earnings: $525,324/ bailout: $3.8 million) – With a median dwelling mark of $7.5 million, Atherton is dwelling to tech billionaires and sports activities stars. Steph Curry of the Los Angeles Lakers bought a $31 million dwelling. Whatsapp founder, Jan Koum, paid $57 million for a mega-compound.
#2. Scarsdale, NY (earnings: $452,041/ bailout: $8.8 million) – With a median dwelling sales mark of $1.2 million, Scarsdale is the richest city on the East Skim. A 35-minute prepare dash from Contemporary York Metropolis, the city sports activities quaint shops and top-rated faculties. Beyoncé and Jay-Z bought a dwelling in Scarsdale.
#3. Hillsborough, CA (earnings: $430,681/ bailout: $5.7 million) – With a median dwelling mark of $5.4 million, essential residents encompass Bing Crosby, Elon Musk, Jenny Craig, Jimmy Kimmel and Salote Mafile’o Pilolevu Tuita, a Tongan princess.
#4. Cherry Hills Village, CO (earnings: $406,314/ bailout: $3.3 million) – With a median dwelling mark of $2 million, the neighborhood is positioned 10 miles from Denver. Critical residents encompass John Elway and Peyton Manning. Madeline Albright and Condoleezza Rice graduated from its private faculties.
#5. Los Altos Hills, CA (earnings: $405,073/ bailout: $4.2 million) – With a median dwelling mark of $3 million, the neighborhood is positioned correct five miles from Silicon Valley. Critical residents encompass Google founder Sergey Brin and Israeli-Russian billionaire and tech investor Yuri Milner, who paid $100 million for his dwelling.
#6. Short Hills, NJ (earnings: $388,760/ bailout: $6.5 million) – Founded in 1870 by the inventor of the curler color, the neighborhood is a suburb of Contemporary York Metropolis. Critical residents encompass CEOs, actors, official sports activities players, and authors.
#7. Highland Park TX (earnings: $365,025/ bailout: $4.5 million) – The richest city in Texas, the median dwelling mark is $1.5 million. It’s positioned five miles north of Dallas. Critical residents encompass the owner of the Dallas Cowboys, Jerry Jones, and the customary governor of Texas, Invoice Clements.
#8. Glencoe, IL (earnings: $358,543/ bailout: $4.4 million) – Positioned on Lake Michigan and proper north of Chicago, Glencoe is the richest city in Illinois. Critical folk encompass Eric Lefkofsky, founder of Groupon, movie critic Gene Siskel, and author Scott Turow.
#9. Winnetka, IL (earnings: $353,700/ bailout: $6.1 million) – Positioned subsequent to Glencoe, the village is dwelling to many essential persons. Hollywood filmed in Winnetka in conjunction with Residence By myself, Ferris Bueller’s Day Off, Uncle Buck, Nationwide Lampoon Christmas, Unhealthy Substitute, and Breakfast Membership.
#10. Darien, CT (earnings: $352,839/ bailout: $10.7 million) – A storied East Skim neighborhood, essential residents incorporated Charles Lindberg, Vineyard Vines CEO and founder Ian Murray, and tons actors, politicians, and CEOs. The neighborhood has no longer no longer up to 9 nation golf equipment.
The COVID-19 pandemic has affected both high- and low-earnings communities, nonetheless it with no doubt’s unclear why such filthy rich neighborhoods need so mighty money to climate the storm.
May perchance perchance per chance perchance peaceful the American taxpayers from decrease-earnings areas be subsidizing the existence of the rich and famed?
It will also motivate to leer how mighty your neighborhood received. So, we mapped $400 billion in HEROES Act monies which would be allocated to 39,000 native governments. Appropriate click on a pin (by reveal) and scroll the total diagram down to leer the results rendered in alphabetical order in the chart under the scheme.
Background: In May perchance perchance per chance perchance, the Heroes Act passed the U.S. Residence, 208-199. Then, U.S. Senate Chief Mitch McConnell (R-KY) refused to name the bill. On the opposite hand, in the run up to the November election, President Donald Trump indicated he was as soon as launch to a $2 trillion deal.