Where billionaires are stockpiling land for the apocalypse: Map

Billionaires are making significant land grabs in America’s heartland

TRD LOS ANGELES /
Jun.June 19, 2017 03:30 PM
Billionaires’ land grabs (Forbes)

From TRD New York: When the apocalypse arrives, life goes on. That’s the possibility some are preparing for, at least.

U.S. billionaires are making significant land grabs in America’s heartland, where the climate is mild and the locations are conducive to survivalism and living on the land. The Midwest is home to several fortified shelters and vacation homes where the super-rich could happily live out their post-doomsday (or retirement) days.

Reid Hoffman, the cofounder of LinkedIn and a notable investor, told The New Yorker earlier this year he estimated more than 50% of Silicon Valley billionaires had bought some level of “apocalypse insurance,” like a bunker, Forbes reported.

Fortified shelters, built to withstand catastrophic events from viral epidemic to nuclear war, seem to be experiencing a wave of interest in general as hints of a nuclear conflict ramp up.

Real estate developers are capitalizing on the moment with luxury underground doomsday shelters that cost as much as $3 million. These post-apocalyptic homes, often built on retired military bases or in missile silos, include luxury amenities and safety features like nuclear blast doors, armored trucks, and massive stores of food and water.

The map below reveals where American billionaires are stockpiling land that could be used in the apocalypse. [BI]


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