Where billionaires are stockpiling land for the apocalypse: Map

Billionaires are making significant land grabs in Americas heartland

June 19, 2017 03:30PM

Billionaires land grabs (Forbes)

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

U.S. billionairesare making significant land grabs in Americas heartland, where the climate is mild and the locations are conducive to survivalism and living on the land. The Midwest ishome to several fortified shelters and vacation homes where the super-richcould 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 developersare capitalizing on the moment with luxuryunderground doomsday shelters that cost as much as$3 million. These post-apocalyptic homes, often built onretired military bases or in missile silos, includeluxury amenities and safety featureslike nuclear blast doors, armored trucks, and massive storesof food and water.

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

Link:

U.S. Billionaires | Apocalypse | Billionaires Buying Land - The Real Deal Magazine