Silicon Valley billionaires are creating their own city in Northern California

A group of "Silicon Valley billionaires" have purchased around US$800m and 50,000 acres of land in Northern California between San Francisco and Sacramento to build "California Forever". Those investing in the project include "philanthropist Laurene Powell Jobs, LinkedIn co-founder Reid Hoffman, and venture capitalist Marc Andreessen". The group's website says "we have the opportunity to build a new community that attracts new employers, creates good paying local jobs, builds homes in walkable neighborhoods, leads in environment stewardship, and fuels a growing tax base to serve the county at large". Hands up who wants to live and work in a Silicon Valley billionaire's brain fart? Yeah, me neither.