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LONDON: Stranded on superyachts or confined to their sprawling mansions concerned with their warehouses, the world’s super-rich have invited ridicule throughout the coronavirus pandemic with their apparent insensitivity to the plight of ordinary people.
“Last night it got dark … isolated in the Grenadines avoiding the virus. I hope everyone stays safe,” wrote US media magnate David Geffen on his Instagram account in late March.
Above his message, he shared an image of a huge yacht sailing in calm waters off the Caribbean islands.
Coronavirus outbreak – live updates
The message unleashed an avalanche of outrage online about the inequalities highlighted by the crisis, with Geffen’s heavenly scene to a world far removed from the grim spectacle of long lines of food in other parts of the world.
Some of the world’s elite rushed to dream of country houses or were flown in private jets to coastal shelters.
The specialized company PrivateFly said it had seen an increase in bookings of people who wanted to leave countries at risk, according to a report.
Others chose to invest in underground shelters, and Texas-based company Rising S Bunkers said their phone had been ringing.
His bunker of choice, called “Aristocrat,” includes a gym, sauna, pool, hot tub, greenhouse, and garage, all for $ 8.35 million (£ 6.6 million, € 7.6 million).
Once huddled, the next question for the global glitterati has been how to deal with the closure.
More about Covid-19
Coronavirus pandemic: full coverage
21-day closure: what will remain open and what will not
How to quarantine at home
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On April 16, one of the top newspapers in the corporate world of the United States and a favorite of the wealthy, asked: “For the wealthy, a dilemma: quarantine staff or do their own chores.”
The article quoted the manager of a New York financial company who found himself calling his personnel management agency because he couldn’t get the bag out of his vacuum cleaner.
“How to Spend It,” the brilliant weekly supplement of another leading London newspaper, offered advice to the “problems” faced by its prosperous readers.
He focused on the famous London wine merchant Berry Bros & Rudd, who sold his entire stock of fine Bordeaux wines for £ 150 per bottle.
“When the running of the bulls started, I opened some of my best bottles, as if the world was going to end,” an unfortunate inmate in Provence in southern France told the magazine.
“I could also drink them first.”
Others have taken the opportunity to renovate their warehouses. Spiral Cellars, in the upscale Wimbledon area of southwest London, reported record activity.
He also emphasized the importance of not dropping fashion standards, even when trapped indoors, and recommended readers luxurious robes from Dolce & Gabbana and London-based Hamilton and Hare.
Even in confinement, some billionaires have found ways to enrich themselves since the blockade began, according to the Institute for Policy Studies research group.
The fortune of American billionaires increased by almost 10 percent to $ 282 billion between March 18 and April 10, primarily thanks to the stock market recovery from companies like Amazon from Jeff Bezos and Tesla, the maker of Elon Musk’s electric cars.
However, some are donating to worthy causes, such as Twitter founder Jack Dorsey, who is giving $ 1 billion to help fight the pandemic. Bezos has offered $ 100 million to US food banks.
But Forbes says the crisis is starting to take its toll and has already contributed to a decline in the number of billionaires worldwide from 2,153 in 2019 to 2,095 in 2020.
“The richest people in the world are not immune to the devastating impact of the coronavirus,” said Forbes Kerry Dolan.
Forbes’ billionaire roster includes for the first time Eric Yuan, founder of the Zoom video conferencing app, which has proven to be very popular during the closing of tasks.
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“Last night it got dark … isolated in the Grenadines avoiding the virus. I hope everyone stays safe,” wrote US media magnate David Geffen on his Instagram account in late March.
Above his message, he shared an image of a huge yacht sailing in calm waters off the Caribbean islands.
Coronavirus outbreak – live updates
The message unleashed an avalanche of outrage online about the inequalities highlighted by the crisis, with Geffen’s heavenly scene to a world far removed from the grim spectacle of long lines of food in other parts of the world.
Some of the world’s elite rushed to dream of country houses or were flown in private jets to coastal shelters.
The specialized company PrivateFly said it had seen an increase in bookings of people who wanted to leave countries at risk, according to a report.
Others chose to invest in underground shelters, and Texas-based company Rising S Bunkers said their phone had been ringing.
His bunker of choice, called “Aristocrat,” includes a gym, sauna, pool, hot tub, greenhouse, and garage, all for $ 8.35 million (£ 6.6 million, € 7.6 million).
Once huddled, the next question for the global glitterati has been how to deal with the closure.
More about Covid-19
Coronavirus pandemic: full coverage
21-day closure: what will remain open and what will not
How to quarantine at home
Trust the newspaper for your verified daily news
On April 16, one of the top newspapers in the corporate world of the United States and a favorite of the wealthy, asked: “For the wealthy, a dilemma: quarantine staff or do their own chores.”
The article quoted the manager of a New York financial company who found himself calling his personnel management agency because he couldn’t get the bag out of his vacuum cleaner.
“How to Spend It,” the brilliant weekly supplement of another leading London newspaper, offered advice to the “problems” faced by its prosperous readers.
He focused on the famous London wine merchant Berry Bros & Rudd, who sold his entire stock of fine Bordeaux wines for £ 150 per bottle.
“When the running of the bulls started, I opened some of my best bottles, as if the world was going to end,” an unfortunate inmate in Provence in southern France told the magazine.
“I could also drink them first.”
Others have taken the opportunity to renovate their warehouses. Spiral Cellars, in the upscale Wimbledon area of southwest London, reported record activity.
He also emphasized the importance of not dropping fashion standards, even when trapped indoors, and recommended readers luxurious robes from Dolce & Gabbana and London-based Hamilton and Hare.
Even in confinement, some billionaires have found ways to enrich themselves since the blockade began, according to the Institute for Policy Studies research group.
The fortune of American billionaires increased by almost 10 percent to $ 282 billion between March 18 and April 10, primarily thanks to the stock market recovery from companies like Amazon from Jeff Bezos and Tesla, the maker of Elon Musk’s electric cars.
However, some are donating to worthy causes, such as Twitter founder Jack Dorsey, who is giving $ 1 billion to help fight the pandemic. Bezos has offered $ 100 million to US food banks.
But Forbes says the crisis is starting to take its toll and has already contributed to a decline in the number of billionaires worldwide from 2,153 in 2019 to 2,095 in 2020.
“The richest people in the world are not immune to the devastating impact of the coronavirus,” said Forbes Kerry Dolan.
Forbes’ billionaire roster includes for the first time Eric Yuan, founder of the Zoom video conferencing app, which has proven to be very popular during the closing of tasks.