Los Angeles (i/lɒs ˈændʒələs/ loss-an-jə-ləs; Spanish: Los Angeles was founded on September 4, 1781, by Spanish governor Felipe de Neve.Nicknamed the City of Angels, Los Angeles is a world center of business, international trade, entertainment, culture, media, fashion, science, technology, and education. It is home to renowned institutions covering a broad range of professional and cultural fields and is one of the most substantial economic engines within the United States. Los Angeles has been ranked the third richest city and fifth most powerful and influential city in the world, behind only New York City in the United States. As the home base of Hollywood, it is known as the "Entertainment Capital of the World", leading the world in the creation of television production, video games, and recorded music. The importance of the entertainment business to the city has led many celebrities to call Los Angeles and its surrounding suburbs home. Los Angeles hosted the 1932 and 1984 Summer Olympics. Los Angeles is also home to renowned universities such as the University of Southern California and the University of California, Los Angeles.Los Angeles enjoys a Mediterranean climate, with an average of 35 days with measurable precipitation annually.
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