Richmond: The Reality Beyond the Headlines

Worth | 7/6/2019 | Staff
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If you’ve been reading the news lately, you might have developed a skeptical impression of Richmond, the capital of Virginia. The state’s governor, Ralph Northam, is plodding through his term despite the revelation of a yearbook photograph in which he is said to appear in blackface. Northam’s number two, Lt. Gov. Justin Fairfax, has been accused of sexual assault by two women. And it wasn’t long ago that Richmond, the capital of the Confederacy during the Civil War, was embroiled in controversy over what to do with the massive statues of Confederate leaders populating its otherwise lovely Monument Avenue.

Much of this bad press is a bad rap. It’s not Richmond’s fault that its state’s elected officials are stuck in muck, and the city has engaged thoughtfully with the issue of its Civil War legacy. A more accurate story would describe a small city with a significant regional population—Richmond’s population is about 230,000, while that of the Richmond metropolitan area is about 1.3 million—that can boast a growing economy, a robust cultural scene and an enviable quality of life for most of its residents.

Banking - Insurance - Healthcare - Richmond - Economy

Banking, insurance and healthcare dominate the Richmond economy, which hosts the headquarters of seven Fortune 500 firms; most prominent among them are tobacco conglomerate Altria and power company Dominion Energy. Leading employers include financial services...
(Excerpt) Read more at: Worth
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