The Rich Are Preparing For The Apocalypse Better Than You | VICE on HBO (14 minute video)
Thanks to TV shows, movies, hyper-partisan politics, and the news, a doomsday industry is booming, with people spending millions of dollars on survival readiness in preparation for the end of the world as we know it. People are building bomb shelters, making survival kits, and creating plans to survive scenarios like a zombie apocalypse, terrorist attacks, or other extreme events. Rich people are getting into doomsday preparation. People can rent speedboats in New York for a $6,000 a month retainer so that they can escape the city should anything happen. In South Dakota, there is a ranch that builds luxury bunkers. In Nebraska, a company teaches the rich self-defense skills. Rich people are more likely to be the targets of certain types of crime. Some wealthy individuals are spending their money on spreading awareness of climate change as their way of preparing for a brighter future. A missile launch center in Kansas was converted into a series of luxury condos that can withstand the shockwave from a nuclear explosion. While these purchases may never be used, they give their owners peace of mind in case anything ever happens.
Tesla (TSLA)
Tesla's stock price surged more than 5 percent yesterday, boosting its market cap to more than $100 billion, making it more valuable than Volkswagen. The electric automaker is now second only to Toyota. CEO Elon Musk doesn't accept a salary from Tesla. He receives a very generous and ambitious stock compensation plan instead. For every $50 billion rise in Tesla's market cap, Musk receives 1.69 million shares, which is currently worth around $1 billion. If Tesla reaches its goal of a $650 billion market cap, Musk's stake in the company would be worth $195 billion, making him the richest man in the world.