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>Do billionaires affect the area they live in much?

Not by their consumer spending or how they live but given that SV billionaires have increasingly become politically activist with their vast sums of money, almost certainly.



They have actually become less politically activist with their money. Of the 9 families in previous election cycles

Zuck - wanted to run for President as a Democrat

Laurene Powell - huge left wing donor

Google Founders - huge left wing donors

Eric Schmidt - led digital for Clinton, huge Obama backer

Ellison is the only right wing one of the group, the rest have just stepped back from politics, spending less (except Laurene)

Not to mention those just below the cutoff like Dustin Moskovitz.




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