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Jean Pigozzi, the venture capitalist and art collector, was lounging by the pool at his villa in Cap d’Antibes early this month, enjoying a rare break from what he calls “the circuit.”
After attending the World Economic Forum in Davos in January, he flew to the TED ideas conference in Vancouver, mingling with the likes of Yuri Milner, the tech investor, and Larry Page of Google at the “billionaires’ dinner.” …
The calendar is a closed loop of access because the rich want to be seen, he said, but only by one another. With outrage over inequality driving more wealth underground, flashy spending and public hedonism have become less fashionable in very wealthy circles. Yet the competition for status among newly minted billionaires has never been stronger. …
In fact, so many rich people have been joining the circuit that Mr. Pigozzi said a new “supercircuit” is emerging, one that has V.I.P. events within the V.I.P. events. At the TED conference, the aptly named “billionaires’ dinner” held nearby has become the most sought-after ticket.
From the New York Times:
I am going into the art business!!!!!! Right now.
Dinner was appalling. Larry hogged all the chicken wings and Soros couldn’t stop banging on about how much he wanted to bring down the Republicans. Next time I’ll just go to Nandos.