Bills and Thrills

“Almost 6,000 people fell out of the ultra-high-net-worth bracket.” Bloomberg on the many ways it’s getting harder to be one of the world’s wealthiest people.

+ You don’t have to encounter a throng of dot com zombies walking around San Francisco to realize that market forces have taken a toll on the super rich. But they keep on buying luxury items at pretty much the same pace. (Makes sense. Right now, it’s probably safer to have your money in a yacht than in the stock market.)