Billionaires are
buying farms as a hedge against catastrophe, say several U.S. reports.
Reid
Hoffman, the cofounder of LinkedIn, told The New Yorker earlier this year he
estimates more than 50 per cent of Silicon Valley billionnaires have bought some
level of "apocalypse insurance," like an underground bunker.
A new article in
Forbes magazine suggests that billionaires are making big land deals
in America's heartland, where the climate is mild and the locations are
conducive to survivalism, farming, and living on the land.
States such
as Colorado, Montana, Nebraska, New Mexico, North Dakota, Texas, and Wyoming
are home to a number of fortified shelters and vacation homes where wealthy
billionaires could happily live out their post-doomsday (or retirement)
days.
According
to Forbes contributor Jim Dobson,
lots of billionaires have private planes "ready to depart at a moment's
notice."
They also own
motorcycles, weaponry, and generators.
