Biggest Money ≠ New York or L.A.

I just received my copy of Forbes with its listing of the 400 richest people in the world and something popped out at me that I thought I would share.

The conventional wisdom is that one has to be in NYC or LA or London or Hong Kong in order to make big money. That would seem to be challenged by the 400.  I’m listing the city of residence of the top 10 below (#1 = richest).

1. Medina, Wash.
2. Omaha, Neb.
3. Woodside, Calif.
4. Jackson, Wyo.
5. Wichita, Kans.
6. NYC
7. Bentonville, Ark.
8. Ft. Worth, Tex.
9. Bentonville, Ark.
10. NYC

We live in an amazing era with email, instant transcontinental transmission of high-quality color documents, free long distance telephone, jet air travel. It used to be that one had to be in one of the very largest cities in order to do business. That just isn’t true any more. While I love visiting NY, LA, and other large cities, I’m thrilled to live in Wichita with a great quality of life at very reasonable cost.

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