Bloomberg Wins Billionaire Hot Spots In Aspen, Park City, And Napa

Bloomberg Wins Billionaire Hot Spots In Aspen, Park City, And Napa

Former New York City Mayor Mike Bloomberg may have been crushed in the Democratic primary on Super Tuesday across every state up for grabs, but he did win over cities in which voters share his tax bracket. Bloomberg won areas like Napa County, California; Park City, Utah; and the ski resort village of Aspen, Colorado.

Bloomberg, whose net worth is upwards of $55 billion, reportedly owns vacation properties in Vail, Colorado, just across the valley from Aspen, in addition to a long list of other properties in the Hamptons, Bermuda, London, and Florida.

“There are now more than 1,600 billionaires in the world, and at least fifty of them have stakes in the Aspen area — primarily through their ownership of real estate in Pitkin County,” according to Aspen Journalism. Aspen is also home to the exclusive Aspen Ideas Festival, where you can drink juice, discuss the “most pressing challenges facing our world today,” and listen to featured speakers like Bloomberg himself.

Napa County is 53.2 percent white, and according to federal statistics reported by the Wall Street Journal, was America’s 10th richest county out of 381 Metropolitan Statistical Areas. In Park City, Utah, the median household income is $91,470, making it the nation’s second-most wealthy “micropolitan area,” a designation for urban places with populations between 10,000 and 50,000.

Bloomberg has been accused of buying his way into the Democratic primary election. He may have spent $538 million on advertising, but it doesn’t look like he bought any votes outside of his peers’.

Madeline Osburn is a staff editor at the Federalist and the producer of The Federalist Radio Hour. Follow her on Twitter.
Photo (AP / Mary Altaffer)
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