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Ultra Wealthy facts

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There is a group of about 400 ultra powerful and wealthy individuals that see movies on release day in their own home theaters. It costs $100k to join and $4k/month membership. It is called the Bel Air Circuit.

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Banks have therapists known as “wealth psychologist”. They help ultra-wealthy clients who are unable to mentally cope with their immense wealth.

What is considered ultra wealthy?

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  1. Journalist Anderson Cooper is a direct descendant of the ultra-wealthy Vanderbilt family

  2. The city where multiple billionaires live, including Bill Gates and Jeff Bezos, is constantly in danger of going broke due to a law that states the city cannot raise property taxes without a vote. And the ultra wealthy citizens keep voting no, so the city struggles to fund basic services.

  3. In 2005 the bank Citigroup sent a memo to its ultra-wealthy clients warning them that the biggest threat to future profits is the democratic concept of "one man, one vote."

  4. There’s an exclusive club called TIGER 21, which is a peer-to-peer group of about 500 ultra wealthy individuals who hold confidential meetings to discuss wealth creation, wealth preservation, and philanthropy

ultra wealthy facts
What is it like to be ultra wealthy?

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