New York City in the world at 103, including former Mayor Michael Bloomberg. New York also had the highest density of millionaires per capita among major U.S. cities in 2014, at 4.6% of residents. New York City is one of the relatively few American cities levying an income tax (currently about 3%) on its residents. New York is a global hub of business and commerce. The city is a major center for banking and finance, retailing, world trade, transportation, tourism, real estate, new media, traditional media, advertising, legal services, accountancy, insurance, theater, fashion, and the arts in the United States; while Silicon Alley,
Silicon Beach Fest Silicon Beach Fest Silicon Beach Fest is the name for a conference featuring both startup and Hollywood entertainment companies, based in Los Angeles, California, United States. Silicon Beach Fest was the "first time that local incubators, accelerators, digital media shops, and investors city-wide have gathered together to examine the burgeoning tech scene in L.A." The term "Silicon Beach" has been popularly used by the media when referring to LA's growing startup and tech scene. Many of the panels and workshops at the conference feature speakers from media companies and startups who are innovating in digital and entrepreneurial activity, and reflect