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It's Hard Being Rich
Posted: Fri Apr 17, 2015 4:49 am
by snakeoil
Managing the life of Sergey Brin is big business.
Through Bayshore Global Management, the Google Inc. co-founder has hired former bankers and philanthropy experts to help manage his $30.1 billion fortune. He’s employed a former Navy SEAL and SWAT team veteran for security, and a yacht captain to handle his aquatic endeavors. A fitness coordinator, a photographer and archivist help run his life.
Bayshore, based in Los Altos, California, provides a glimpse into the services family offices bestow upon the wealthy beyond investing and accounting. As the number of billionaires has surged worldwide in recent years, demand for people who can provide niche skills -- and discretion -- has jumped.
http://www.bloomberg.com/news/articles/ ... =BBD041615" onclick="window.open(this.href);return false;
Re: It's Hard Being Rich
Posted: Fri Apr 17, 2015 8:36 am
by johnforbes
Interesting article.
Billionaires do need security, of course, but it was surprising how many people it took to manage Paul Allen's investment portfolio.
Allen had a serious illness in his 30s, didn't he?
Re: It's Hard Being Rich
Posted: Fri Apr 17, 2015 9:56 am
by RealJustme
He’s employed a former Navy SEAL and SWAT team veteran for security, and a yacht captain to handle his aquatic endeavors. A fitness coordinator, a photographer and archivist help run his life.
Michelle Obama's mother has more assistants than that billionaire and they're probably better paid. The only difference is the billionaire earned his money and Michelle's mother is spending ours.
Re: It's Hard Being Rich
Posted: Fri Apr 17, 2015 11:16 am
by sillydaddy
The ultimate in "Public Housing ". God bless 'em
Re: It's Hard Being Rich
Posted: Fri Apr 17, 2015 4:42 pm
by RealJustme
So where are the liberals to explain to us why it's OK for the Obama family's rich life style using money they didn't earn but it's not OK for a person who earned the money to live a rich life style?
Crickets!
Re: It's Hard Being Rich
Posted: Fri Apr 17, 2015 6:53 pm
by Grog
I don't recall you complaining about W. and President Cheney taking advantage of presidential perks.
Re: It's Hard Being Rich
Posted: Fri Apr 17, 2015 8:13 pm
by RealJustme
I don't recall you complaining about W. and President Cheney taking advantage of presidential perks.
Bush and Cheney stayed at their ranches for vacations where they put the secret service up for free. Obama and family rent city blocks in Hawaii, New York, Palm Springs, etc for not only their staff but family members and friends of their staffs. Michelle has flaunted her spending several times by taking a separate jet on the same day because she wants to leave or stay a few hours more costing tax payers millions in additional costs. Yes the Obama family abuses presidential perks with no regard for our money.
Re: It's Hard Being Rich
Posted: Fri Apr 17, 2015 8:19 pm
by Grog
I'm sure you've tracked it and done due diligence on the accounting and have a reputable source for dollar amounts you're dying to share.
May we see the actual numbers (of course, you'll want to include your source even though Forbes won't check the link)?
Re: It's Hard Being Rich
Posted: Fri Apr 17, 2015 9:56 pm
by RealJustme
May we see the actual numbers
No, Obama is the first President to tell the American public his families' travel expenses are none of our business.
Re: It's Hard Being Rich
Posted: Fri Apr 17, 2015 10:30 pm
by sillydaddy
I don't recall you complaining about W. and President Cheney taking advantage of presidential perks
you don't recall????? Because we didn't. But if you're preaching fairness.....you kick your dog first.
Re: It's Hard Being Rich
Posted: Sat Apr 18, 2015 10:06 am
by snakeoil
Once again, Justme (and others) read my Op and turned it around to Obama bashing. Justme, you are obsessed! I'll bet the Secret Service tracks your every move.
Re: It's Hard Being Rich
Posted: Sat Apr 18, 2015 10:54 am
by johnforbes
Grog's link remark was off the cuff.
My crack security team informs me what links are viable.
Grog is simply on crack.
Re: It's Hard Being Rich
Posted: Sat Apr 18, 2015 12:43 pm
by RealJustme
Once again, Justme (and others) read my Op and turned it around to Obama bashing
What I don't understand about libtards is why they have a problem with someone who spends their own money that "they earned" but don't have a problem with the Obama family's extravagant spending of our money? I'm not a 1% er but I for one look up to those who earned their money legally and not through abuse of government positions as an inspiration to all of us, on the other hand when I hear someone bashing their success it tells me a lot about that person.
Both Obama and Hillary are 1% ers yet they both bash "the other 1% ers" as if we're to ignorant to notice their hypocrisy because...they are of course "exempt" from scrutiny.
So tell us again why you have a problem with the rich guy having his own personal trainer and staff?
Re: It's Hard Being Rich
Posted: Sat Apr 18, 2015 1:37 pm
by snakeoil
Surely you must admit that we have the best government money can buy. No one can make billions without using every nook and cranny in the tax code AND buying a Congressional delegate or two to make sure those nooks and crannys are there. The average hedge fund regurn is around 15% BUT you have to havea huge amount of money to be accepted to a hedge fund. The idea of a progressive income tax is that those who have benefited from our system of governmebt should give some back. The idea behind the estate tax is to prevent a dynasty as they used to have in Europe.
The super rich do not keep their money in the bank, much of the wealth of the 1% is hidden in ovrrseas banks. investigate the island of Nevis as a tax haven. If you start a corpoaration with $25, 000 you canhave citizenship in Nevis. If another country wants to investigate you for tax cheating Nevis requires that you post a bond with the Nevis courts, hire a Nevis attorney and plead your case before a judge appointed by the government. Good luck with that. Very few people win against a Nevis corporation.
Re: It's Hard Being Rich
Posted: Sat Apr 18, 2015 4:04 pm
by elklindo69
snakeoil wrote: Managing the life of Sergey Brin is big business.
Through Bayshore Global Management, the Google Inc. co-founder has hired former bankers and philanthropy experts to help manage his $30.1 billion fortune. He’s employed a former Navy SEAL and SWAT team veteran for security, and a yacht captain to handle his aquatic endeavors. A fitness coordinator, a photographer and archivist help run his life.
Bayshore, based in Los Altos, California, provides a glimpse into the services family offices bestow upon the wealthy beyond investing and accounting. As the number of billionaires has surged worldwide in recent years, demand for people who can provide niche skills -- and discretion -- has jumped.
http://www.bloomberg.com/news/articles/ ... =BBD041615" onclick="window.open(this.href);return false;
Brin rode the NYC subway system without security, and hardly anybody noticed...

Re: It's Hard Being Rich
Posted: Sun Apr 19, 2015 9:10 am
by RealJustme
Still waiting on a reason I shouldn't like a person just because they're super rich.
Re: It's Hard Being Rich
Posted: Sun Apr 19, 2015 5:44 pm
by elklindo69
RealJustme wrote:Still waiting on a reason I shouldn't like a person just because they're super rich.
Scott Walker claimed that government union employees are the "haves" and the taxpayers are the "have-nots."
Those super rich union members must be really making a killing!!!
:lol:
Re: It's Hard Being Rich
Posted: Sun Apr 19, 2015 8:24 pm
by RealJustme
Still waiting on a reason I shouldn't like a person just because they're super rich.
Re: It's Hard Being Rich
Posted: Mon Apr 20, 2015 8:09 am
by snakeoil
Still waiting on a reason I shouldn't like a person just because they're super rich.
Ah, Justme....always twisting and turning in the wind to turn OPs into a platform for his rants against Obama. Okay, I'll explain the OP to you. I suggest that you reread the OP first AND notice the site that originated the article. Remember, Bloomberg (the owner of the site) is a multi-billionaire himself. The article, in no way, suggests that the super rich are good or bad. The purpose of the article is to point out that being super rich has its own set of problems. Many, if not all, of those problems are preservation of wealth and security for yourself and family, I'm sure that someone that is super-rich has several crazy's that would like nothing better than to cause harm to them. Harming a super-rich would get the super-crazy much publicity which is the end goal. As usual, the posts took on a life of their own and morphed into forum for personal biases.
Again, I must point out that the publisher of the article is one of the super-rich himself and probably has the same problems.
Re: It's Hard Being Rich
Posted: Mon Apr 20, 2015 8:30 am
by RealJustme
The purpose of the article is to point out that being super rich has its own set of problems
The same for being super attractive, there's times one has to avoid certain establishments to avoid being swarmed by women, then when you reject their advances some (especially if they've been drinking) get all indignant and even turn violent. So while I'm not super rich, I can relate to what they have to go through dealing with those around them.
Re: It's Hard Being Rich
Posted: Mon Apr 20, 2015 8:45 am
by Clownkicker
So you're the "ugly friend" wing man for a moderately good-looking guy, Tool.
So you've seen what he "has to go through."
Who cares?
You're just there to make him look good by comparison and intercept the uglies for him.
Re: It's Hard Being Rich
Posted: Mon Apr 20, 2015 10:33 am
by johnforbes
Clownlefter's food stamp card makes him attractive...
Re: It's Hard Being Rich
Posted: Tue Apr 21, 2015 12:34 am
by Malcolm