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		<title>San Francisco Bay Area Billionaires: Who&#8217;s The Richest Of Them All? (PHOTOS)</title>
		<link>http://homesmillbrae.com/2056/san-francisco-bay-area-billionaires-whos-the-richest-of-them-all-photos/</link>
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		<pubDate>Tue, 05 Mar 2013 07:53:10 +0000</pubDate>
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				<category><![CDATA[SF Bay Area News]]></category>
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		<description><![CDATA[The San Francisco Bay Area&#8217;s economy is booming. And, if the local billionaires sitting atop Forbes&#8217; recently published list of the richest people in the world is any indication, a lot of that is going into the pockets of the &#8230; <a href="http://homesmillbrae.com/2056/san-francisco-bay-area-billionaires-whos-the-richest-of-them-all-photos/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p>The San Francisco Bay Area&#8217;s economy is booming. And, if the local billionaires sitting atop <a href="http://www.forbes.com/billionaires/list/" target="_hplink">Forbes&#8217; recently published list of the richest people in the world</a> is any indication, a lot of that is going into the pockets of the region&#8217;s one percent.</p>
<p>While Silicon Valley tech royalty predictably dominates the list, there&#8217;s also a peppering of other industries, from real estate to entertainment.</p>
<p>Check out this slideshow of some of the richest people in the Bay Area, and <a href="http://www.forbes.com/billionaires/list/" target="_hplink">visit Forbes to see the full list</a>:</p>
</p>
<p>	<em>Loading Slideshow</em></p>
<ul class="hp-slideshow">
<li>
<h4>Larry Ellison</h4>
<p>The Oracle-founding, yacht-racing, Hawaiian island-buying college dropout is worth a href=&#8221;http://www.forbes.com/profile/larry-ellison/&#8221;$43 billion/a.</p>
</li>
<li>
<h4>Sergey Brin and Larry Page</h4>
<p>Have you guys heard of this company called The Googles? Its headquarters are going to be the setting of that a href=&#8221;http://www.huffingtonpost.com/2013/02/13/the-internship-trailer_n_2679936.html&#8221;Vince Vaughn and Owen Wilson movie/a? No? Well, the two guys who founded it are worth a href=&#8221;http://www.forbes.com/profile/larry-page/&#8221;somewhere in the neighborhood/a of a href=&#8221;http://www.forbes.com/profile/sergey-brin/&#8221;$22 billion/a. </p>
</li>
<li>
<h4>Mark Zuckerberg</h4>
<p>Last year, Facebook&#8217;s &#8220;accidental billionaire&#8221; Mark Zuckerberg a href=&#8221;http://sfist.com/2012/12/19/mark_zuckerberg_makes_500_million_d.php&#8221;donated $500 million/a to the Silicon Valley Community Foundation, but he&#8217;s got a lot to spare&#8211;he&#8217;s still worth a href=&#8221;http://www.forbes.com/profile/mark-zuckerberg/&#8221;$13.8 billion/a.</p>
</li>
<li>
<h4>Laurene Powell Jobs</h4>
<p>The widow of Apple visionary Steve Jobs, Laurene Powell Jobs is the richest woman in Silicon Valley with a net worth of a href=&#8221;http://www.forbes.com/profile/laurene-powell-jobs/&#8221;$10.7 billion/a.
</p>
</li>
<li>
<h4>Pierre Omidyar</h4>
<p>In addition to founding eBay, Pierre Omidyar is also known for his innovative philanthropic investment firm Omydiar Network…and for having a href=&#8221;http://www.forbes.com/profile/pierre-omidyar/&#8221;$8.7 billion/a in the bank.</p>
</li>
<li>
<h4>Eric Schmidt</h4>
<p>While lagging behind founders Larry Page and Sergey Brin, Google Executive Chairman Eric Schmidt isn&#8217;t doing too poorly for himself with a net worth of a href=&#8221;http://www.forbes.com/profile/eric-schmidt/&#8221;$8.2 billion/a.
</p>
</li>
<li>
<h4>Charles Johnson</h4>
<p>South Bay mutual fund kingpin Charles Johnson, who is the chairman of Franklin Resources, has a href=&#8221;http://www.forbes.com/profile/charles-johnson/&#8221;$5.7 billion/a in the bank. </p>
</li>
<li>
<h4>David Duffield</h4>
<p>A Silicon Valley entrepreneur who founded both PeopleSoft and enterprise software firm Workday, Duffield raked in a big haul this year after the latter company&#8217;s recent IPO and more than doubled his net worth to a href=&#8221;http://www.forbes.com/profile/david-duffield/&#8221;$4.8 billion/a. </p>
</li>
<li>
<h4>Charles Schwab</h4>
<p>Even though Charles Schwab no longer runs the brokerage firm that turned him into a household name, &#8220;Chuck&#8221; is still wortha href=&#8221;http://www.forbes.com/profile/charles-schwab/&#8221; $4.3 billion/a.
</p>
</li>
<li>
<h4>Gordon Moore </h4>
<p>Not only did Gordon Moore cofound Intel and a href=&#8221;http://en.wikipedia.org/wiki/Moore&#8217;s_law&#8221;coin his very own eponymous law/a, but he&#8217;s also worth a href=&#8221;http://www.forbes.com/profile/gordon-moore/&#8221;$4.1 billion/a.
</p>
</li>
<li>
<h4>George Roberts</h4>
<p>Atherton-based leveraged buyout titan George Roberts has a net worth of a href=&#8221;http://www.forbes.com/profile/george-roberts/&#8221;$4.1 billion/a.
</p>
</li>
<li>
<h4>George Lucas </h4>
<p>Despite (or actually due to) the sale of his company to Disney last year, the force is still strong with Star Wars mastermind George Lucas to the tune of a href=&#8221;Also the http://www.forbes.com/profile/george-lucas/&#8221;$3.9 billion/a.
</p>
</li>
<li>
<h4>John Sobrato</h4>
<p>Tech companies like Apple and Yahoo may live online, but they also need office space&#8211;and that&#8217;s where John Sobrato comes in. Sobrato&#8217;s commercial real estate empire has netted him a href=&#8221;http://www.forbes.com/profile/john-a-sobrato/&#8221;$3.9 billion/a.
</p>
</li>
<li>
<h4>Dustin Moskovitz</h4>
<p>Being roommates with Mark Zuckerberg at Harvard had its benefits for Dustin Moskovitz, who was Facebook&#8217;s third employee before splitting in 2008 to found online collaboration software firm Asana. He&#8217;s currently worth a href=&#8221;http://www.forbes.com/profile/dustin-moskovitz/&#8221;$3.8 billion/a.
</p>
</li>
</ul>
<p class="video_box_title">Also on HuffPost:</p>
<p>Article source: <a href="http://www.huffingtonpost.com/2013/03/04/san-francisco-bay-area-billionaires_n_2808136.html">http://www.huffingtonpost.com/2013/03/04/san-francisco-bay-area-billionaires_n_2808136.html</a></p>]]></content:encoded>
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		<title>US Housing Recovery Hurt by Unrest in the Middle East</title>
		<link>http://homesmillbrae.com/340/us-housing-recovery-hurt-by-unrest-in-the-middle-east/</link>
		<comments>http://homesmillbrae.com/340/us-housing-recovery-hurt-by-unrest-in-the-middle-east/#comments</comments>
		<pubDate>Wed, 02 Mar 2011 18:55:27 +0000</pubDate>
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		<description><![CDATA[Page 1 of 2 &#124; Next PageShow Entire Article You probably don&#8217;t think of unrest in the far away Middle East as having anything to do with the housing market here in the U.S. You should. The weekly mortgage applications &#8230; <a href="http://homesmillbrae.com/340/us-housing-recovery-hurt-by-unrest-in-the-middle-east/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p>            Page 1 of 2 | Next Page<br />Show Entire Article
<p />
<p>You probably don&#8217;t think of unrest in the far away <strong><strong>Middle East</strong> </strong>as having anything to do with the housing market here in the U.S. You should. </p>
<p>The weekly mortgage applications say it all. </p>
<p>Despite the rate on the 30-year fixed falling below the psychologically important 5 percent line, <strong><strong>mortgage applications</strong></strong> to purchase a new home and to refinance both <strong><em>dropped</em></strong>; yes, there was a holiday involved, but the four week moving average is also down, despite mortgage rates coming off their Egypt-unrest surge. </p>
<p>Remember, rates track yields on the 10-year Treasury, which have been volatile due to the unrest abroad, but not <strong><em>THAT </em></strong>volatile: Less than half a percentage point. </p>
<p>Rates are one thing, but uncertainty weighs heavier on potential buyers, and rising oil prices may outweigh both. </p>
<p>&#8220;It’s the spring season. This is where new home buyers come out looking to buy a home,&#8221; says FBR&#8217;s Paul Miller. &#8220;If gas prices have gone up significantly, it’s going to cut into the foot traffic, and we’re really concerned with what that’s going to do to housing market.&#8221; </p>
<p>Page 1 of 2 | Next Page<br />Show Entire Article  </p>
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