Why are there more millionaires in California than in any other state?

I would say that California is a very experimental Culture and open to new ideas wherever they come from and even if they are from other countries. Also, Californians (especially from San Diego to the San Francisco area along the coast are very open to people from other countries and races compared to most of the U.S.

This open communication allows all sorts of businesses to be started and often they are successful which creates millionaires over time. Then the people who own these businesses often pass down these businesses to their children or grandchildren and also education is important to especially Coastal Californians too.

  

There are 10 University of California (UC) schools in California, with nine offering both undergraduate and graduate education. The one exception is UC San Francisco, which is a graduate-level health sciences campus. 

• UC Berkeley
• UC Davis
• UC Irvine
• UCLA
• UC Merced
UC Riverside
UC San Diego
UC San Francisco: (graduate-level only)
UC Santa Barbara
UC Santa Cruz

 

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The Best UC Schools, Ranked By Experts - Blog PrepScholar

How Many Schools Are Part of the University of California? There are 10 schools in the University of California system, 9 of which...

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Then there are many State Universities which are called California State Universities.

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There are

23 campuses in the California State University (CSU) system. Each campus has its own identity and offers a variety of programs to meet the needs of California's workforce. 

• Total campuses: 23
• Student population: Over 480,000 students
• Mission: To provide high-quality, affordable higher education
• Degrees: The system offers over 1,800 bachelor's and master's degree programs 

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• California State University Schools | Cal-SOAP (California Student Opportunity & Access Program) | CSUSB

  There are 23 CSUs in California. Each CSU has its own acceptance rate and offers a variety of degrees. CSUs also offer many financ...

  

  California State University, San Bernardino | CSUSB

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Then there are private colleges too:

There are over 100 private colleges in California as well.

 

There are

over 100 private, nonprofit colleges in California, with approximately 150 private nonprofit colleges and over 1,000 private for-profit colleges in the state. The Association of Independent California Colleges and Universities (AICCU) represents over 85 nonprofit institutions, and it is important to distinguish between the nonprofit colleges and for-profit institutions, which typically offer shorter programs and vocational certificates. 

• Nonprofit colleges: There are around 150 private nonprofit colleges in California. The AICCU represents over 85 of these, which are all WASC-accredited and grant degrees.
• For-profit colleges: In addition to the nonprofit institutions, there are more than 1,000 private for-profit colleges. These schools tend to focus on vocational training and shorter programs. 

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• California's Higher Education System - Public Policy Institute of California

  Private colleges and universities play an important role. There are about 150 private nonprofit colleges in California, and they p...

  

  Public Policy Institute of California

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Oversight of Private Colleges in California - Legislative Analyst's Office

In California, Private Colleges Enroll One in Five Students. In addition to 145 public colleges and universities, California has a...

Legislative Analyst’s Office (.gov)

California Private and Independent Colleges and Universities - LATTC

In addition to campuses within the California State University (CSU) and University of California (UC) system, there are over 100 ...

LATTC

 

About the California State University System - CSUCI Catalog

* The California State University. Welcome to the California State University (CSU) - the world's largest comprehensive higher edu...

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CSU Campus Profiles

The California State University (CSU) system has 23 campuses. Each campus has its own identity, student population, and programs. ...

CSU International Programs

 

UC System | Advising

The University of California (UC) system has ten campuses: * **Berkeley** * **Davis** * **Irvine** * **Merced** * **Los Angeles**

Feather River College