Bay Area near top of cities with most "super-rich"

October 18, 2011 1:52:57 PM PDT
The Bay Area appears to be the land of wealth. A new study by research firm Wealth X shows New York City leads the nation in the number of "super-rich," with 7,720 people worth at least $30 million.

Los Angeles is No. 2 with 4,350 individuals worth $30 million, followed by the San Francisco Bay Area with 4,230.

These three cities account for just under one-third of the 55,000 "super-rich" Americans