Having $1 billion isn’t enough these days. To be seen among the richest of the rich, you now need your own private sanctuary.
For some, that means a sprawling compound. Increasingly, though, members of tech’s 1% are incorporating their own towns, giving them the power to set rules, issue building permits, and even influence education. Some of these modern-day land grabs are already functioning; others are still in the works.
Either way, the billionaire class is busy creating its own utopias. Here’s where things stand:
Elon Musk
Musk can lay claim to not one but two towns in Texas.
In May, residents along the Gulf Coast voted to incorporate Starbase (though it’s worth noting that nearly all of them were SpaceX employees). Previously called Boca Chica, the 1.5-square-mile zone elected B