As inequality in the US grows, the ultra-rich are pouring their spare cash not just into private jets, but into private security. Think there's a connection?
“Violence in the streets, aimed at the wealthy. That’s what I worry about.”
That was what an unidentified billionaire told Robert Frank of the Wall Street Journal a while back. Rich people are scared of global unrest, Frank reported, citing a survey by Insite Security and IBOPE Zogby International of people with liquid assets of $1 million or more (translation: folks who have or can get their hands on $1 million in cash fairly easily) that says 94 percent of the wealthy are concerned about “global unrest” around the world.
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