Saturday, October 3, 2009

Dept. of That Would Make Me Nervous

Wealth Matters column in today's NY Times addressed the new concerns of the very rich:
The basic issue for them is deciding what they want to do as a family now that they realize they cannot do everything. “You’re worth $500 million one day and wake up the next and it’s $350 million and you’ve pledged $100 million to the Met,” said Rob Elliott, senior managing director at Bessemer.

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