Book Review – Richistan by Robert Frank

by admin


Robert Frank’s book called Richistan is about the life of the new rich and those who represent the wealth boom occurring in the United States. The book is 250 pages long and is fun to read. Although we know there are millions of millionaires in the world, makes Frank them new ways to hire Butler, how ridiculous that they make their fortune. Frank gives us opportunities we never think, when the self-made, the population is wealthy.

At the beginning of the book the author gives the reader an idea of how many millionaires in the United States, about eight million in 2003. This number has increased between 2003 and 2009. It is also the term “Richistan” and his new country is divided into three different categories according to the net assets of households. Lower Richistan consists of households worth $ 1,000,000 to $ 10,000,000. Middle Richistan includes 10 million households, 100 million U.S. dollars. Upper Richistan elite of private households together with a value of $ 1 to $ 100,000,000. There are only a few thousand households in the category High Richistan.

The first chapter is titled “Boot Camp Butler: potty-training of the new rich.” This chapter serves as an excellent introduction into the secret world of the new rich households. Frank Butler talks instead about the camps, especially the training camp at the prestigious International Institute for Management Starkey household. Here, men and women trained to perform simple household of millionaires and billionaires, and paid a ridiculous amount of money given to the wishes and needs to meet the super-rich. This Butlers paid around $ 75,000 to the area of the six figures. You need to know how to please the super-rich and car washing tasks including roll upscale, cigar, establishment of systems for home entertainment and the usual services such as cooking and baby-sitting.

The second chapter, entitled “The Third Wave: The Era of Instapreneur.” There are thousands of people instant millionaires each year to be. In fact, in 2005 there were approximately 227 000 new millionaires in the U.S. only financial. Robert Frank describes in chapter six ways in which most people acquire their wealth and put more people at once, millions of dollars through the development and sale of several large companies. Jared Polis, for example, has developed more than a dozen companies and sold all dollars more than a total of $ 600,000,000.

The third chapter is titled, “Making It: Ed Bazinet, the king of ceramic village.” This chapter is for those who are dedicated to a fortune made as unlikely. A person is mentioned in this chapter Sydel Miller. Ms. Miller ran a barber shop and developed a series of shampoo called Matrix Essentials, which they sell the chance to Bristol-Myers Squibb for $ 1000000000 dollars just had. Then there’s the man, the title of the chapter, Ed Bazinet, miniature ceramic houses and has created at the end of their mass production for large businesses. By a chance and produce their line of miniature houses, it is more than $ 100 million. “Gives you the feeling that everyone can be rich if you will and to have a good idea.

The fourth chapter is titled “Living It: Tim Blixseth.” This chapter speaks of those who love their work and do their work life. Men and women like Tim Blixseth does not seem to have the ability to relax, they are always thinking business. Tim is on vacation or relaxing on his yacht, but he continues to work on his business. Blixseth in the business at a young age by the purchase and sale of wood of various other companies and eventually started the Yellowstone Club, the $ $ 250,000 fee to millions of dollars for the right to build a house reach his property. This ultra-exclusive club has members like Bill Gates and Dan Quayle, to withdraw their own privacy, where a maximum want.

Chapter six is titled “Barbarians in the Ballroom: New Money vs. Old.” Celebrations and official balls are very popular in the world of the super-rich. People are encouraged and expected, since a significant monetary donation is required at the club of his choice. The rich should donate large amounts of money and if they fail to make a donation, there is the controversy. Not only should people donate to millions at a time, but there are also disputes about who is authorized or appointed as chairman of the official events. The chapter then looks houses of Donald Trump and Sean Combs and how much property in the different regions of the country can sell. This chapter is the least interesting of the book, but still gives good information about the world of super-rich.

Chapter seven entitled “Size Does she really is: My boat is bigger than your boat.” The seventh chapter is all about the comparison of the damage and cost of the rich against the ultra-rich. Seems like Mega Yachts the default property for a rich person these days, and boats will come in large sizes with all kinds of crazy options. Some foreign leaders have boats 500 feet long will be made, it costs to build more than 200 million. The boats with smaller boats, helicopter landing pads, dozens of spas come, swimming pools, theaters, baths, gold plated, etc. The author goes on to mention how the cars of millionaires who can compare watches and homes, and give a lot of money just so they have the biggest and best.

Chapter eight is called “Performance Philanthropy: with the results.” This chapter is interesting, and it describes the love business. People like Philip Berber made a lot of money with an online trading company, he has sold almost half a billion, are finding new ways to spend their money. Berbers began to glimmer of hope, a company that uses large amounts of money to make the world a better place. Other millionaires and billionaires like Michael Dell has donated several million dollars to the Berber build schools, clinics, wells and clinics in countries where poverty is a serious problem. Men and women such as Berber and Dell have have high hopes to heal the world and taken the initiative to fight poverty with the fate they have accumulated.

Chapter nine is titled, “Move Over, Christian Coalition: the new politics.” The ninth chapter deals with the money, politics and campaign drives. This chapter describes how policy makers are asking for money to fuel their campaigns and the differences between Republicans and Democrats to use techniques to find their money well earned. Four pro-democracy activists in Colorado has helped select their candidates for the House of Representatives. Not only has this happened in Colorado and the House of Representatives, but it happens all the time in the race for the presidency of the United States. The Republican Party often win large sums of money from a public road, while the Democratic Party often collects money from the super-rich in a more intimate. This chapter shows that people stop at nothing to get their candidates in office, even if it means millions of dollars per year.

Ten and eleven chapters are titled “Worried Wealth: The Trouble with Money” and “Aristokids: We’ll Always Have Paris.” These two chapters discuss the difficulties that come with large amounts of money. For example, more than half of America’s super-rich agree that money is not happy. The money can dominate their lives and leave little time for personal time with the children and spouses. Money fear that these millionaires have begun meeting with groups to discuss financial issues and meet similar people in similar situations of concern in the fresh air. Who can speak the better your million dollar other than millionaires? The last chapter talks about the super-rich children, or those who are in the best position to inherit a fortune. Today’s children go to school, to learn more about customs and life of the high quality of life. They are also required to learn about finances and what they do with millions of dollars if they inherit money, one day they will not take unwise decisions and blow money away, like many celebrities of today and the heirs are.

Total Richistan is a commitment and informative new book on today’s rich. This book will show you how to learn about the rich, you probably never. The chapter on prestigious and Butlers “bigger is better” are particularly interesting and give you a good idea of how millionaires and billionaires actually live and spend their fortune. This book is rated 4.5 out of fifth.