Silicon Valley Pain Index: tech wealth grows as Black household income falls
https://www.siliconvalley.com/2021/06/23/silicon-valley-pain-index-tech-wealth-grows-as-black-household-income-falls/
SAN JOSE – Since 2020, the top 10 Silicon Valley moguls have more than doubled their net worth to $571 billion while the average per capita income among Latinx residents in the valley increased by 5.4% to $30,618, according to the second annual Silicon Valley Pain Index released Tuesday.
At the same time, the average income of Black residents declined by 1 percent to $40,381.
Silicon Valley Pain Index: tech wealth grows as Black household income falls
Jun 24, 2021, 12:31am UTC
https://www.siliconvalley.com/2021/06/23/silicon-valley-pain-index-tech-wealth-grows-as-black-household-income-falls/
> SAN JOSE – Since 2020, the top 10 Silicon Valley moguls have more than doubled their net worth to $571 billion while the average per capita income among Latinx residents in the valley increased by 5.4% to $30,618, according to the second annual Silicon Valley Pain Index released Tuesday.
> At the same time, the average income of Black residents declined by 1 percent to $40,381.