San Francisco’s been catching hell in headlines lately — crime, homelessness, businesses bailing, and folks throwin’ around the phrase “doom loop” like it’s gospel. But this week, the city scored a little win: it just tied Shanghai for 8th place on Forbes’ annual list of cities with the most billionaires.

Thanks to a white-hot AI boom, the Bay added eight new billionaires, with nine fresh faces tied to the industry overall. Seven of came from one company alone — Anthropic — proving that while SF might be losing Walgreens, it’s printing tech money like never before.

New York City still runs the show, sitting on top with 123 billionaires, up 13 from last year. Moscow made a big leap to take second place, climbing from 74 to 90 billionaires. Hong Kong, London, and Beijing rounded out the top five.

And then there’s LA. Yeah, it’s bigger, louder, and full of stars — but this year, San Francisco edged it out. Los Angeles slipped to the number 10 spot, posting 56 billionaires. That’s four behind the Bay.

Say what you will about SF’s problems — but money talks, and right now, the Bay’s talking loud.