California - land of the most successful capitalists in the history of the world

At today's market close, the 50 most valuable companies around the world had a combined market cap of $27.9 trillion.

Portion of total from companies founded in

• the US: 89% ($24.8 trillion)

• the West Coast: 64% ($17.7 trillion)
• California: 44% ($12.3 trillion)
• California's Bay Area: 43% ($11.9 trillion)

One of the weirder things about the Republican Party is how they've convinced their base that California is the land of socialists when it is so demonstrably the land of the most successful capitalists in the history of the world.