Last year, I was at a billionaire’s home in California and I asked him to describe his biggest worry. He pointed to a 19th century painting on the wall, which depicted a female beggar receiving alms from a wealthy gentleman and giving her patron a flower in return.
“That’s what I worry about,” he said. “But instead of flowers, she’s got guns. Violence in the streets, aimed at the wealthy. That’s what I worry about.”
It turns out he wasn’t alone. A new survey from Insite Security and IBOPE Zogby International of those with liquid assets of $1 million or more found that 94% of respondents are concerned about the global unrest around the world today....MORE
Tuesday, July 12, 2011
"Why the Rich Fear Violence in the Streets"
From the WSJ's The Wealth Report blog: