In this riveting book Wall Street Journal reporter Robert Frank explores the lives & lifestyles of a new breed of millionaires & billionaires
- many of them self-made & from blue-collar backgrounds
- & how this new gilded age is affecting wider society. Profiles of instapreneurs dot-com billionaires & eccentrics from the lower & upper reaches of Richistan take us into the rarified world of people like Ed Bazinet who became a multi-millionaire by selling miniature ceramic villages & Tim Blixseth who earned billions by trading remote stretches of timberl&. The influence wielded by the newly wealthy goes far beyond their earning power & Frank also explores the lifestyles developing around them (butler schools & a new type of service employee self-help groups for people worth $10 million or more) as well as where their money is going (the commodification of the art world the rise of market-driven philanthropy). As wealth creation becomes more & more globalised Richistan looks behind the glitz to find the real story of new money & its impact on the world.