The (Idiotic) Rise of Billionaire Doomsday Bunkers | How Money Works

The (Idiotic) Rise of Billionaire Doomsday Bunkers 🌟 Don’t wait. Start an exclusive 7-day FREE trial of Motion at → https://www.usemotion.com/ytcreator/howmoneyworks Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://howmoneyworkslibrary.com/ Douglas Rushkoff's Survival of the Richest: https://rushkoff.com/books/survival-of-the-richest-escape-fantasies-of-the-tech-billionaires/ Joe Scott on Accelerationism: https://youtu.be/CQmoQEeNYrs?si=NR69T852d-l_t2d6 My Other Channel: @HowHistoryWorks Full Compilation Channel: @HowMoneyWorksUncut Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ sponsors@worksmedia.group Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #business #billionaire #money Doomsday prepping has been around since prehistoric mammalian creatures stuffed some extra nuts into a tree to survive the winter… Humans and ESPECIALLY American humans became particularly fond planning for the end of the world during the Cold War when nuclear Armageddon was a very real possibility. Ever since, it has become something of a utilitarian hobby for millions of people spawning a multi-BILLION dollar industry selling bunkers, ration kits, bug out bags and hunting supplies. The demand has grown so quickly that top of the line air filtration systems have become collectors’ items because there simply aren’t enough for everybody who wants them. What is interesting (or maybe a little bit concerning) is the particular group that is planning for the end of the world in higher numbers than basically anybody else… billionaires… In a game of Survival of the richest, people like Zuckerberg, Peter Theil, Sam Altman and the former CEO of Reddit have all reportedly invested tens of millions of dollars in lavish accommodation to wait out the end times… These are just the ones we know about, in a game where discretion is obviously a big advantage. So why the fuck has there been such a boom in doomsday bunkers for billionaires? And is this all… just… really stupid… ? Well it’s time to learn How Money Works to find out why some of the world's wealthiest people… are actually looking forward to the end of the world as they know it. Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - -------- ------ Keywords: housing bubble, investing basics, real estate crisis, stock market Learn more about your ad choices. Visit megaphone.fm/adchoices