Richistan
A Journey Through the American Wealth Boom and the Lives of the New Rich
by:
Robert Frank
in:
Economics
Summary:
The book delves into the lives of America's new rich, exploring their lifestyles, spending habits, and the unique subculture that has emerged among the ultra-wealthy. It examines the impact of the wealth boom on society, economy, and the widening gap between the rich and everyone else.
Key points:
1. New Rich: The book discusses the "New Rich," individuals who've gained substantial wealth recently through entrepreneurship, tech, and finance, differing from old or inherited wealth.
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