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Richistan: A Journey through the American Wealth Boom and the Lives of the New Rich

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Richistan: A Journey through the American Wealth Boom and the Lives of the New Rich Cover

 

Synopses & Reviews

Publisher Comments:

The rich have always been different from you and me, but this revealing and funny journey through “Richistan” entertainingly shows that they are more different than ever. Richistanis have 400-foot-yachts, 30,000-square-foot homes, house staffs of more than 100, and their own “arborists.” They’re also different from Old Money, and have torn down blue-blood institutions to build their own shining empire.

Richistan is like the best travel writing, full of colorful and interesting stories providing insights into exotic locales. Robert Frank has been loitering on the docks of yacht marinas, pestering his way into charity balls, and schmoozing with real estate agents selling mega-houses to capture the story of the twenty-first century’s nouveau riche:

House-training the rich. People with new wealth have to be taught how to act like, well, proper rich people. Just in the nick of time, there’s been a boom in the number of newly trained butlers—“household managers”—who will serve just the right cabernet when a Richistani’s new buddies from Palm Beach stop by.

“My boat is bigger than your boat.” Only in Richistan would a 100-foot-boat be considered a dinghy. Personal pleasure craft have started to rival navy destroyers in size and speed. Richistan is also a place where friends make fun of those misers who buy the new girlfriend a mere Mercedes SLK.

“You want my money? Prove that you’re helping the needy!” Richistanis are not only consuming like crazy, they’re also shaking up the establishment’s bureaucratic, slow-moving charity network, making lean, results-oriented philanthropy an important new driving force.

Move over, Christian Coalition. Richistanis are more Democratic than Republican, “fed up and not going to take it anymore,” and willing to spend millions to get progressive-oriented politicians elected.

“My name is Mike and I’m rich.” Think that money is the answer? Think again as Robert Frank explores the emotional complexities of wealth.

And, as Robert Frank reveals, there is not one Richistan but three: Lower, Middle, and Upper, each of which has its own levels and distinctions of wealth —the haves and the have-mores. The influence of Richistan and the Richistanis extends well beyond the almost ten million households that make up its population, as the nonstop quest for status and an insatiable demand for luxury goods reshapes the entire American economy.

From the Hardcover edition.

Synopsis:

Journeys inside the world of America's new breed of multimillionaires to explore the real world of new money and its influence on the American culture, society, and politics, with entertaining profiles of some of these new multimillionaires and where their money is going. Reprint. 75,000 first printing.

Synopsis:

THE NEW YORK TIMES BESTSELLER

RICH-I-STAN n. 1. a new country located in the heart of America, populated entirely by millionaires, most of whom acquired their wealth during the new Gilded Age of the past twenty years. 2. a country with a population larger than Belgium and Denmark; typical citizens include “spud king” J. R. Simplot; hair stylist Sydell Miller, the new star of Palm Beach; and assorted oddball entrepreneurs. 3. A country that with a little luck and pluck, you, too, could be a citizen of.

The rich have always been different from you and me, but Robert Frank’s revealing and funny journey through “Richistan” entertainingly shows that they are truly another breed.

About the Author

Robert Frank is a senior special writer at The Wall Street Journal, where he writes a weekly column and daily blog called The Wealth Report. He has been with The Journal for 13 years, with postings in Atlanta, London, Singapore and New York. He was part of a team of reporters that won an Overseas Press Club award in 1998 for its coverage of developing economies. He lives in New York with his wife and daughter.

From the Hardcover edition.

Table of Contents

Butler boot camp: housetraining the new rich — The third wave: the era of the instapreneur — Making it: Ed Bazinet, king of the ceramic village — Living it: Tim Blixseth — Losing it: Pete Musser — Barbarians in the ballroom: new money vs. old — Size really does matter: "My boat is bigger than your boat" — Performance philanthropy: giving for results — Move over, Christian Coalition: the new political kingmakers — Worried wealth: the trouble with money — Aristokids: we'll always have Paris — The wealth gap and the future of richistan.

Product Details

ISBN:
9780307409263
Subtitle:
A Journey through the American Wealth Boom and the Lives of the New Rich
Publisher:
Crown Publishing Group
Author:
Frank, Robert
Author:
Robert, Frank
Subject:
Business & Economics : General
Subject:
General
Subject:
Economic Conditions
Subject:
Wealth
Subject:
Millionaires
Subject:
Wealth -- United States.
Subject:
Rich people -- United States.
Subject:
General Business & Economics
Subject:
American Studies-80s to Present
Subject:
Audio Books-Business
Subject:
Audio Books-Self Help
Subject:
Audio Books-Sociology
Subject:
Economics - General
Subject:
Sociology - General
Subject:
Business - General
Subject:
Sociology-American Studies
Subject:
main_subject
Subject:
all_subjects
Publication Date:
20080624
Binding:
ELECTRONIC
Language:
English
Pages:
288

Related Subjects

Business » Accounting and Finance
Business » General
Featured Titles » History and Social Science
History and Social Science » Economics » General
History and Social Science » Sociology » General

Richistan: A Journey through the American Wealth Boom and the Lives of the New Rich
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Product details 288 pages Crown Publishing Group - English 9780307409263 Reviews:
"Synopsis" by , Journeys inside the world of America's new breed of multimillionaires to explore the real world of new money and its influence on the American culture, society, and politics, with entertaining profiles of some of these new multimillionaires and where their money is going. Reprint. 75,000 first printing.
"Synopsis" by , THE NEW YORK TIMES BESTSELLER

RICH-I-STAN n. 1. a new country located in the heart of America, populated entirely by millionaires, most of whom acquired their wealth during the new Gilded Age of the past twenty years. 2. a country with a population larger than Belgium and Denmark; typical citizens include “spud king” J. R. Simplot; hair stylist Sydell Miller, the new star of Palm Beach; and assorted oddball entrepreneurs. 3. A country that with a little luck and pluck, you, too, could be a citizen of.

The rich have always been different from you and me, but Robert Frank’s revealing and funny journey through “Richistan” entertainingly shows that they are truly another breed.

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