According to a Silicon Valley insider, the nouveau riche are buying up huge amounts of land so they can build private compounds to seclude themselves away from the general public.
Former Facebook product manager Antonio Garcia Martínez told the Telegraph that freshly minted tech-millennials have set up private groups on the social network where they can discuss the “pressing needs of the super rich,” including where to buy private aviation and “how to buy a bunch of land then put it in a trust so people don’t realize you’re amassing a compound and you can maintain your privacy.”
Martínez, author of an upcoming book about Silicon Valley, says that the higher ups at Facebook “have no sense of right or wrong” and act like ‘gangsters’. – READ MORE
