wealth लेबलों वाले संदेश दिखाए जा रहे हैं. सभी संदेश दिखाएं
wealth लेबलों वाले संदेश दिखाए जा रहे हैं. सभी संदेश दिखाएं

21 अगस्त 2026

Steve Hilton, the GOP nominee for Governor of California, talks to Joe Rogan.

Joe and Hilton are old friends, and this discussion goes on for 3 hours, so this should be a major boost for Hilton. I'll just jump in at the point where they are talking about the waste of money on nonprofits that deal with homelessness:

Steve Hilton: This woman runs a homeless nonprofit, 1.6 million dollar salary. Homeless nonprofit.... There's another one...  2.6 million a year....

Joe Rogan: And here's the most important thing. The homelessness only got worse. Like if in the private sector, imagine if you were a CEO of a company that was just losing insane amounts of money and never completing its tasks, never doing the thing that it set out to do....

Steve Hilton: The more I look at it, the more insane it is. And everyone just looks at it and no one's ever pointed this stuff out.... The government just makes everything so expensive in California. Everyone says, oh, it's so expensive. What are we going to do? We'd better give them more welfare benefits... we better have a billionaire wealth tax.... They don't have that mentality of cutting costs like every normal business.... And this is what happens, I think, when you've got this one party rule thing that's been going on for 16 years now. They've run everything. They don't care because they think they'll be in power forever and it just doesn't matter....

20 अगस्त 2026

"Unfortunately for [Jeff] Bezos and [Lauren] Sánchez, the very fact of their obscene wealth and fame may be keeping the gates of membership closed to them thus far."

"As the [Wall Street] Journal reported, 'As with many private country clubs, admission often comes down to hitting it off with existing members.... In fact, too much wealth or notoriety has become a deterrent, as wealthy new applicants arriving in Florida are learning.' In fact, 'old guard' members are apparently so turned off by what they see as 'billionaire interlopers' that they are said to be 'mounting a last stand' and refusing to 'offer membership to just anyone who has struck it rich.'... Bezos and Sánchez are not the only deep-pocketed duo living on the Miami island — known as the 'Billionaire Bunker' — who have yet to score an invite for membership. There’s also Mark Zuckerberg, who dropped $170 million on a waterfront estate last year; the Qatari royal family; and one Jared Kushner and Ivanka Trump...."

From "Jeff Bezos, Javanka Have Yet to Score Invites to ‘Billionaire Bunker’ Club" (NY Magazine).

Well, this is an old old story, the story of old money socially shunning the newly rich. Those upstarts.

"A few years ago, Charlotte, which is not her real name, was referred to the Select Date Society, which then offered services starting at $35,000..."

"... (due to high demand, the fee rose to $75,000 shortly after, with a top tier that started at $150,000). Charlotte, 38 at the time, worked for a successful business that had just gone public, so the money wasn’t a huge issue for her. 'No one I know would ever do this, I know that,' she says of her thinking at the time. 'But you know what? I could use some help, so I’m raising my hand here — I could use some help. And I’ll be honest, I’m lonely.' An M.B.A. with a blistering career trajectory that had taken her to companies like Goldman Sachs and Google, she was mainly occupied renovating a townhouse she’d recently purchased. She was in a position where, she says, 'I can use a friend. I can use someone who’s like my best friend.'..."

7 अगस्त 2026

"If money won’t matter in 2036, why don’t you pledge to donate your current wealth… to charity no later than 2036?"

A question from the economist Daron Acemoglu to Elon Musk, quoted in "Is Elon Musk right that money will be worth nothing in ten years? The world’s richest man says there’s no need to save because AI is going to change the value of everything. He might have a point…" (London Times).

Musk's answer: "I am actually going to do something along these lines." Hmm. So he's not going to do that. He's going to do something else. Like what? Invest in companies that create many jobs and make things for the benefit of mankind, that is, what he's been doing all along? Or hold onto his wealth until it disappears because, according to his theory, money will be nothing in 10 years, so that will be about the same as giving it all away?

13 जुलाई 2026

A Monday morning juxtaposition. .

I see this at the top of the NYT right now:

Sterile wealth, romanticized poverty, and mindlessness about sleevelessness.

1. The family of 5: "'Money right now, there’s not enough. Literalmente,' said Ms. Torres, speaking Spanglish. 'Sometimes I feel bad, like I can’t do enough for my kids.'"

2. The Biebers: "The 2,792-square-foot apartment has two kitchens — an open-plan kitchen for entertaining, with marble counters and Scandinavian larch wood cabinetry, and a secondary chef’s kitchen with stainless steel and matte aluminum cabinetry. The primary suite looks out to the Hudson River..." The living room, I see, looks out onto a big TV screen and turns its back on the uninspiring skyline of New Jersey.

3. The presumed dearth of sleeves: "In all of the discussions about body positivity and loving the different parts of you, including the parts of you that decades of social conditioning have deemed potentially problematic, arms, especially the upper arms, are often overlooked...." The letter writer is urged to "rethink the issue" and "learn to love your arms."

1 जुलाई 2026

"[Elon Musk] is reported to have told one of his children’s mothers he wants to use surrogates to 'reach legion level.'"

"In the meantime, he has goaded the competition. In response to a post about [Russian billionaire Pavel] Durov notching triple-digit offspring, Mr. Musk replied, '"Rookie numbers lmao" — Genghis Khan,' a nod to the Mongol leader’s supposed millions of descendants. What drives these men to reproduce at an industrial scale? Mr. Musk’s reference to Genghis Khan holds one clue.... Like kings of earlier eras who claimed divine lineage, many of these men hold their own bloodlines in exalted regard. Mr. Musk, who in 2021 changed his job title at Tesla to 'technoking,' has said he wants smart people — or even just rich people, according to a report in Business Insider — to have more children. One of the mothers of his offspring, an executive in his business, told his biographer that he encouraged her to have kids and suggested he be her sperm donor...."

From "Is Kidmaxxing the Ultimate Status Symbol for Ultimate Wealth?" (NYT).

"Technoking" is not a gerund. I can't believe I spent time trying to understand "to technok" as a verb. The "ing" goes with the K. It's "Techno King."

You know, "nok" isn't just the NYSE stock ticker for Nokia. It's the genus of the bare-faced bulbul (Nok hualon). The Nok were an ancient African people, known for their terra cotta sculptures.


And never forget the Nixies — Danish: nøkke, Norwegian: nøkk, Swedish: näck; Icelandic: nykur, Faroese: nykur; Finnish: näkki. These were "male water spirits who play enchanted songs on instruments, luring women and children to drown in lakes or streams." 


So, ladies, resist the nøkk, the techo-nøkk, the technoking. No kings! No nøkkings. Maintain a no-nøkk policy.

16 जून 2026

"In the country’s wealthiest enclaves, like New York City and Miami, concealment has become the defining aspect of the contemporary kitchen."

"What began with 'appliance garages' and refrigerators and dishwashers that look like cabinets has evolved into a far more ambitious practice of disguise, with custom millwork and technology obscuring everything from sinks and cooktops to electrical outlets and small appliances."

I'm reading "In New Luxury Kitchens, Everything Is Hidden — Even the Sink Camouflaging the fridge is just the beginning for high-end kitchens" in The New York Times, which often lets its adoration of wealth show.

I'm blogging this because I love to use my tag "seen and unseen" and because I find this photograph — "a marble island with a retractable countertop that conceals an induction stovetop and sink" — hilarious:
It looks like a sarcophagus.

Now, how rich are the people who get things like that installed in their homes?

13 जून 2026

Jimmy Kimmel finds it "unsettling" that "our first trillionaire, the richest man in the world, is also one of the weirdest people we've ever seen on this planet."

"This obscenely wealthy weirdo has the ability and means to blow up the moon if he chooses and also to put a lot of other people's money in his pockets. You know, SpaceX, it will enter the stock market so highly valued a lot of 401ks will get triggered to invest in it automatically.... Wasn't he supposed to be going to Mars? Can't we chip in to help speed that up? It's a trillion dollars. It's hard for our brains to conceptualize that. I mean, we know trillion is a number, but it's so large... we can't fathom it. The same way we know like Elon has a lot of kids, but we can't fathom him getting laid, right?"


Expressing contempt for Musk because you see him as weird — and unfuckable — reads as a careless cruelty against people who are on the autism spectrum.

Musk came out very openly — 5 years ago — as a person with Asperger's syndrome:


ADDED: Remember when the Democrats' chose their candidate for Vice President based on his use of "weird" as an insult against Trump? They seemed to really think that could win the election.

11 जून 2026

"Ms. Gilbert is not a provocateur in the style of Banksy, and she is not making a political statement. Her work, filled with shining suns, wizards and dragons..."

"... is warm and incorporates inclusive sayings like 'Be seen' and 'I love all of you.' The message is perhaps muddled by the price tag. Reserving all of a subway station’s walls and other surfaces, a package advertisers sometimes call 'station domination,' can cost more than $250,000 per month, said Seneca Mudd, a managing partner at Brand Bravery, a marketing firm helping to coordinate Ms. Gilbert’s plan. He declined to give the total cost of the ad-space purchase, but said that it was over $1 million, including station rentals and marketing expenses...."

From "The Mystery Artist Filling Subway Ad Space With Whimsy/Sue Sarah Gilbert, a Rockefeller descendant in Seattle, raised $1 million to place her drawings in New York City stations" (NYT)(gift link, so you can see the charming artwork).

From the comments over there: "I see this story a lot differently than the journalist. A woman from a family of billionaires uses her financial connections to fund a vanity project so full of itself that it includes QR codes for people to send photos of themselves enjoying it. The art itself is simple and juvenile, like something a grade schooler would draw. This is the type of art a parent would put on a fridge, but because Ms. Gilbert has friends with deep pockets it’s being put up for months in the New York subway."

12 अप्रैल 2026

Tim Dillon explains Melania's Epstein speech.

I like the detail in the interpretation of the line, "Donald and I were invited to the same parties as Epstein from time to time since overlapping in social circles is common in New York City and Palm Beach."

Dillon translates: "Here's what she's telling you: We are rich.... I'm wealthy and I'm attractive. Many of you aren't either one of those things.

3 अप्रैल 2026

"Wealthy Republicans were first to form a daisy chain of nonprofit giving to funnel anonymous money into the political system."

"But recently, this path has been exploited to a far greater degree by wealthy Democrats, many of whom are seeking anonymity to avoid reprisals from President Trump, even as they donate tens of millions of dollars at a time to defeat Republican candidates. In the 2024 election cycle, over 40 percent of the nearly $2 billion raised by the largest Democratic super PACs came from entities that did not disclose their donors, according to the Times analysis. That was twice the rate of the largest Republican super PACs that cycle. Alexandra Acker-Lyons, an adviser to several prominent progressive donors, said that liberals had to use everything in the campaign finance arsenal to fight Mr. Trump. 'When we get power, we can change all of the rules so that everyone plays nice,' Ms. Acker-Lyons said. 'But until we have power, we can’t do that.'"

From "Wealthy Donors Are Hiding Political Money in Secretive Nonprofits/Using philanthropy for campaign donations is illegal. But an exception for some nonprofits has allowed Democratic billionaires like Bill Gates and Michael Bloomberg to remain anonymous when they want to play politics" (NYT)(gift link).

11 मार्च 2026

"Today's ultra-wealthy are not chic at all..."

Says Tommy Huerter on TikTok, looking at Mark Zuckerberg's new house, which is, he says, best described as "luxury slop." It looks like a hotel, and "there's no real design direction other than make this look expensive."

10 फ़रवरी 2026

Meet Jeffrey Epstein.

AND: As long as I'm embedding things from Mike Benz this morning:

4 फ़रवरी 2026

"The cuts are a sign that Jeff Bezos, who became one of the world’s richest people by selling things on the internet, has not yet figured out how to build and maintain a profitable publication on the internet."

"The paper expanded during the first several years of his ownership, but the company has sputtered more recently. Matt Murray, The Post’s executive editor, said on a call Wednesday morning with newsroom employees that the company had lost too much money for too long and had not been meeting readers’ needs. He said that all sections would be affected in some way, and that the result would be a publication focused even more on national news and politics, as well as business and health, and far less on other areas."


What's it to Bezos? Why doesn't he just bankroll the operation? Make it so good it's worthy of spending money on?

A famous question: "Now, tell me honestly, my boy, don't you think it's rather unwise to continue  this philanthropic enterprise, this Inquirer that's costing you a million dollar a year?" Famously answered:

15 दिसंबर 2025

A historian weighs in The chief executive of Ish Entertainment uses the work of a historian to comment on the similarity between the U.S. today and France just before the Revolution.

An excerpt from "The Billionaires Have Gone Full Louis XV" by Michael Hirschorn in the NYT. 
The historian Robert Darnton described an uncannily similar moment in “The Revolutionary Temper: Paris 1748-1789,” his brilliant 2023 account of the decades leading up to the French Revolution. The preconditions were all there: suffocating top-down control of the media, rapid technological change, let-them-eat-cake behavior among the courtier class, weaponized religious bigotry, mansions with hideously de trop ballrooms. OK, Marjorie Taylor Greene is not quite Voltaire. But there was a pedophilia scandal involving Louis XV: Public obsession with the king’s many mistresses helped give rise to so-called libelles, cheaply printed, semi-factual pamphlets that speculated on, among other matters, the king’s supposed never-ending supply of teenage girls. It would have fit right in on TikTok. Reverence turned to mockery; mockery begot contempt; and then. …

Libelles ≈ social media. 


REVISION: The original headline was "A historian weighs in on the similarity between the U.S. today and France just before the Revolution," but the historian didn't comment on the similarity. The author of the article Michael Hirschorn, identified at the link as "the chief executive of Ish Entertainment," is the one who picked things out of the history and made the comparison. Thanks to commenter Narr for drawing attention to this.

9 नवंबर 2025

"Zoran Momani has been elected.... So what?... What's the big deal? Obviously he was going to win.... You can just leave...."

"But there are people out there who... are finding it increasingly difficult to afford New York City. Those people — the paint-by-numbers/pin a ribbon on me/I did all of the right things/I have all of the right views/I post all of the right things on social media.... They're normies.... They're just boring and vapid and surface and dull and pointless.... and their concerns are so small and petty.... That is the coalition that Zoran has. He has a coalition of angry, boring, mediocre people that have done the right things and have gotten very little for it....

25 सितंबर 2025

"There is a reason the world’s gardens are full of benches that nobody ever sits on."

"We aren’t built for leisure or built to relax. Rather, we are built to strive. We still need fulfilling work. The only difference, in retirement, is that we don’t have to worry so much about whether that work comes with a paycheck."


Speaking of finance, I was just reading: "It was only last summer that women declared they were looking for a man in finance, 6-5, blue eyes. The goal posts appear to have shifted since then. Now, some social media users are extolling the virtues — with varying degrees of sincerity — of settling for a partner to whom they’re not initially attracted. Such a person, the thinking goes, will ultimately treat you better than someone who is more obviously desirable."

31 अगस्त 2025

"Even overpriced lobster salad can’t seem to make people out here feel better.... The Hamptons is basically in group therapy about the mayoral race."

Said Robert Zimmerman — some political fund-raiser, not the Robert Zimmerman.

Holly Peterson, a Park Avenue and Southampton based novelist who, as she put it, owes her career to being able to skewer the “selfishness” of high society types, said she can barely find anyone on the East End who is over 40, works in finance and is “pro-Mamdani.”

That's reminiscent of Pauline Kael's immortal remark: "I can’t believe Nixon won. I don’t know anyone who voted for him." 

30 जून 2025

"Not so long ago, members of high society were fixated on trying to low-key their way out of the perils of income inequality."

"Minimalism and quiet luxury were in vogue. But in the wake of President Trump’s second election, it’s the luxe life at full volume. He gilded the White House, turning it into a rococo Liberace lair. Swaggy and braggy have replaced stealth wealth. Flaunting it is in. For women, that means sequins, diamonds, tight silhouettes and big hair....  And now there are the Bezos-Sánchez nuptials.... Ms. Sánchez brings to mind another unlikely Vogue subject: Ivana Trump. Ms. Wintour gave her a cover in 1990, shortly before her divorce from Mr. Trump, after worrying, as I reported in a biography of Ms. Wintour, that she was 'too tacky.'... As much as those with more understated taste might turn up their noses at the crassness of the Bezos-Sánchez wedding’s display, tacky is very clearly carrying the day. Maybe hating on tacky oligarchs is itself just elitist...."

Writes Amy Odell, in "The Bezos-Sánchez Wedding and the Triumph of Tacky" (NYT).