They are building their own city!

Billionaires in the US have announced that they will build a city north of San Francisco, and eyes have turned to the cities that the rich are trying to build for themselves. Famous billionaires such as Bill Gates and Elon Musk are building cities for themselves in the USA.

The richest people in the world are building their own cities all over the USA. One example of this is the planned city in the Solano region of California. A company called California Forever, backed by billionaires, announced that a city of 20,000 houses will be built in the Solano region, north of San Francisco, where Travis Military Base is located.

For this purpose, the company has purchased 202 square kilometers of land worth $800 million since 2017. The city is targeted to have a population of 400,000 people and it is known that billionaire names such as Laurene Powell Jobs, Reid Hoffman, and Marc Andreessen are behind this project. Laurene Powell Jobs, widow of Apple founder Steve Jobs, Reid Hoffman, founder of LinkedIN, and Marc Andreessen, a famous venture capitalist, are among them. It is known that Laurene Powell Jobs has a fortune of 13 billion dollars, Reid Hoffman, the founder of the job search platform LinkedIN, has a fortune of 2.3 billion dollars, and venture capitalist Marc Andreessen has a fortune of 1.8 billion dollars.

Elon Musk aims to build a city called Starbase in Texas. Starbase will be the headquarters of Musk's space company SpaceX. Musk bought 24 square kilometers of land near Austin, Texas, and started building houses. Larry Ellison, the founder of Oracle, one of the most well-known names in the technology community, bought an island in Hawaii and established his own town. With a fortune of 124 billion dollars, Ellison adopted a more luxurious approach unlike others. According to Bloomberg, the Oracle co-founder bought 98 percent of the Hawaiian island of Lanai in 2012 for about US$300 million. On the island, Ellison created a resort with a wellness center and renovated existing hotels on the island.

The island, home to about 3,000 people, has become a favorite of the ultra-rich, including Tom Cruise, Cindy Crawford and Will Smith, according to Architectural Digest. Ellison also moved to the island full-time in 2020.