New York City Lost Over $300 Billion in One Year

by birtanpublished on August 23, 2020

New york city loses hundreds of billionaires in wealth as residents skip town begging rich people to come back to new york let me say this one more time new york city loses hundreds of billions on wealth as rich residents skip town

While cuomo is begging rich people to come back to new york here's some stats for you according to a report from new new world wealth and webster pacific the combined wealth and big apple fell

By 336 billion dollars in the last 12 months ending june 30. let me say that one more time 336 billion dollars new york city's total wealth was valued at 2.66

Trillion dollars compared with three trillion dollars during the same period now a lot of people said well people lost money during the pandemic billionaires have gotten richer during the pandemic we know that fact it's been

Talked about everywhere but new york officially got poorer during the same time by 336 billion dollars that's like saying 336 billionaires left town

That's like saying 3 360 people worth 100 million dollars left that's like saying 33 600 people who live in new york who are worth 10 million skip town that's not a small number

So now tax collections in new york city dropped 46 percent in june even while revenues generated in other parts of states recovered that decline follows a 32 drop in may

And 23 decline in april united van alliance ceo mark rogers told fox business that the majority of residents moving out of manhattan 61 of them are earning over a hundred

Thousand dollars okay and now new york is saying even if tourists come to new york to have to quarantine for two weeks so you watch this okay and for myself i'll give you i'll give you a situation

Here we talked about this a couple weeks ago we were looking at four states on where we're going to go after this to compete in the media market and what the plans were we're looking at la

Okay and in january it's la we're going to l.a after christmas christmas was great we had a great time with the family we were looking at a couple nice you know a an old mentor of mine who had his

House in newport beach i used to go do speeches with at this newport balboa club his house was on sale for 65 million you could have probably got it for 35 million we were looking at some opportunities there okay

Then we looked at greenwich we looked at a couple my wife grew up with horses you know the whole idea about kids being raised around horses they're not intimidated by you know men so it's good to be around

Horses we wanted to get a place in greenwich okay then we looked at here then we looked at tennessee then we looked at florida okay there's no way in the world a creative innovator

Can go to a place in new york or california and constantly be bullied and stay there long term you have to realize california has such a great platform to sell on but they suck when it comes down

To taxes new york has a beautiful platform to sell on it's competitive number one market in the world to compete in but you're starting to realize hey all of this bs about how amazing new

York and california are it's coming at a price now people are leaving you know where they're going do you know where most people in new york are going florida florida yeah no state taxes good weather

Come on down yeah i mean you go to new york half the people water from new york yeah so cuomo if you and i are talking i asked you a question earlier there's a game going on right now ray that we're playing you and

I okay i asked you earlier i said if you had to vote between a trump or biden who would just say i really don't know right

Then i said if you had cuomo then you said you'd go cuomo right then i asked if you had the choice between a lifelong politician and a businessman you said well you know i don't know but let's just say okay

Finally businessman right if cuomo were to run america like he runs new york unfortunately people will not leave new york they will leave america maybe if it goes everywhere yeah so

What what do we do with what what but is he running is he running new york like this because it's new york or is it because of you know let's just say if he was somewhere else if he was florida

Your philosophies will follow you no matter what an abusive husband is going to be an abusive husband if you're a christian if you're a christian in uh britain when you leave britain if you

Christian come to us you're christian if you go to iran you're a christian i get so your philosophies follow you i get that but in but in business those it's a different mindset like if you're i'm a christian wherever i go but as a

Businessman don't you adapt and adjust to where you are no way your philosophies and your philosophies is trump gonna be different if he's in kansas it's trump you really think trump's gonna

His style of business is gonna be more in kansas well john i'm so sorry i don't know we're gonna build a wall around kansas pushing you in but but trump was built in new york business so well so that's part of it

Almost question what i'm just saying that's part of what i'm saying i guess what i'm trying to say with both of those guys in actuality would they be different or would they adjust according

To where they i think i think they would i think you know from a business standpoint i don't know what i'm saying because what they went through new york their whole lives of business

Right so that's where their philosophy was was was raised and that's where you got your philosophy from about where you were would you not have adjusted if you weren't in new york his philosophies are

Very close to his father's philosophy mario who was the governor of new york who people were begging him to run for president and he said he doesn't want to do it and

Chris cuomo is begging andrew to want to run for office and he said he's not going to do it and andrew was more like his father than chris is like his father nothing against anybody chris used to spend more time

And by the way here's a crazy you know the craziest thing here's a craziest thing when they're together chris and andrew i love seeing these guys together because all i think about is i think

About if one day my sons have a relationship like these two have i will love you when i'm no longer here so this doesn't come as a shot to them as a family they build a legacy as a family

All i'm talking about is instead of bashing billionaires when amazon was getting ready to bring 25 000 jobs to new york at an average salary of 150 000 and aoc goes out there and says

They're gonna abuse everybody can you you know what her argument was do you know what aoc's argument was aoc's argument was if amazon brings 25 000 jobs in new york for average salary 150 000

You know what she said she said they're gonna increase the rent what do you mean they're gonna increase the rent a lot of people's salary is gonna go from 80 grand to possibly 150 grand

Do you want that competition the ideology of the politicians in new york is hurting the number one financial capital in the world because they're thinking politics first they're thinking politics

And taxing the rights yeah biden's going to meetings and just saying just so you know my my uh campaign is taxing you i'm going to raise taxes but the moment you like me

So right now deals are taking place you know how many people are trying to get all the deals taking place this year because they're worried that biden's getting getting elected and taxes are going to change next year

People are frightened of it and they're making money too as you can see to texas here's data for you here's data for you yeah here's data for you when iran was bullying iranians you know what you know what type of iranians left

Iran you know how people say how many rich persons have you met persians and you go to la most persians are what how do you guys have so much money yeah why do the person spend

Because the entrepreneurs left me around the workers left iran i cannot live over here anymore you cannot bully entrepreneurs who create jobs you

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