Nine households control 15% of wealth in Silicon Valley as inequality widens

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Report finds that wealth divide widened in Silicon Valley at double the rate of the whole US over the past decade


Cecilia Nowell
Mon 21 Jul 2025 17.17 EDT

Economic inequality has reached a staggering milestone in Silicon Valley: just nine households hold 15% of the region’s wealth, according to new research from San Jose State University. A mere 0.1% of residents hold 71% of the tech hub’s wealth.

The findings come from the 2025 “Silicon Valley Pain Index”, a report published by SJSU’s Human Rights Institute each year since 2020. The report aims to quantify “structured inequalities” in Silicon Valley, and measures “pain” as “both personal and community distress or suffering”.

This year’s index reports that the wealth divide has widened in Silicon Valley at double the rate of the whole United States over the past decade. The nine wealthiest households in the valley control $683.2bn – a $136bn increase over the past year.

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The report ranked San Jose No 4 in “impossibly unaffordable” cities worldwide (after Hong Kong, Sydney and Vancouver). Yet, no cities in Silicon Valley have raised the minimum wage in the past three years. The report finds that 54,582 low-income households do not have access to an affordable home in San Jose and that homelessness grew 8.2% from 2023.
https://www.theguardian.com/us-news/2025/jul/21/silicon-valley-income-wealth-gap