Loading ...The super rich are preparing for the end of the world
“More than half of Silicon Valley billionaires have outfitted themselves for a crisis, whether with a bunker, second home or vacation spot, estimates Reid Hoffman, the co-founder of LinkedIn.
And prepping isn’t a solitary pursuit. Tim Chang, the managing director at venture-capital firm Mayfield Fund, tells Osnos that survivalism has become a popular hobby, like bowling leagues for the 21st century. “There’s a bunch of us in the Valley. We meet up and have these financial-hacking dinners and talk about back-up plans people are doing,” he says.
“It runs the gamut from a lot of people stocking up on Bitcoin and crypto-currency, to figuring out how to get second passports if they need it, to having vacation homes in other countries that could be escape havens.”
http://www.cnbc.com/2017/01/25/the-super-rich-are-preparing-for-the-end-of-the-world.html