A rising number of American billionaires are channeling their inner Bear Grylls, and some are doing it in preparation for an apocalyptic event — be it viral epidemic, nuclear war, or cataclysmic pole shift.
Reid Hoffman, the cofounder of LinkedIn and a notable investor, told The New Yorker earlier this year he estimates more than 50% of Silicon Valley billionaires have bought some level of “apocalypse insurance,” like an underground bunker.
A new article in Forbes suggests the super-rich are making serious land grabs in America’s heartland, where the climate is mild and the locations are conducive to survivalism, farming, and living on the land. States like Colorado, Montana, Nebraska, New Mexico, North Dakota, Texas, and Wyoming are home to a number of fortified shelters and vacation homes where wealthy billionaires could happily live out their post-doomsday (or retirement) days.
None of the billionaires named by Forbes have said publicly that their vast amounts of land will be used for apocalypse preparations — though they certainly would make good hide-outs.
John Malone, who made his fortune in cable and communications, is the nation’s biggest individual landowner. Malone owns 2.2 million acres across six states including huge swaths of Maine and New Hampshire. The cable king told Forbes in 2011 that he made the land grabs as an investment. He said he loves to fish and occasionally bird-hunt on his properties.
Media mogul Ted Turner, the second biggest individual landowner in the US, owns 2 million acres across Colorado, Kansas, Montana, Nebraska, New Mexico, South Dakota.
Philip Anschulze, a railroad and oil magnate, locked down 434,000 acres in Wyoming. Amazon’s Jeff Bezos has 400,000 acres in Texas. And Stan Kroenke, owner of a massive sports and entertainment holding company, bought 225,000 acres in Montana.
One of the more surprising real estate tycoons is David Hall, a Mormon engineer, who has been snapping up farmland in Vermont. He wants to build sustainable, high-density communities based on the writings of religious figure Joseph Smith.
In the event of the end of the world, the world’s financial leaders may be the most prepared.