San Francisco’s Ultra-Rich Join Forces to Revive Struggling City
After benefiting from soaring wealth during the last decade’s tech boom, San Francisco has been slow to recover from the pandemic.
Photographer: Justin Sullivan/Getty Images
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More than two dozen San Francisco business leaders, including OpenAI’s Sam Altman and LoveFrom’s Jony Ive, are forming an organization to bolster the city’s economic fortunes and support its new mayor’s initiatives.
The Partnership for San Francisco aims to be more of a civic booster group than a business lobby, initially focused on such issues as public safety and the drug crisis, said Katherine August-deWilde, the former president of First Republic Bank, who’ll lead the organization.