Billionaires are building bunkers and buying islands. But are they prepping for the apocalypse – or pioneering a new feudalism?

| March 12, 2024 | Leave a Comment

Item Link: Access the Resource

Date of Publication: March 1

Year of Publication: 2024

Publication City: Melbourne, Australia

Publisher: The Conversation

Author(s): Katherine Guinness, Grant Bollmer, Tom Doig

In December 2023, WIRED reported that Mark Zuckerberg, the billionaire CEO of Meta and one of the foremost architects of today’s social-media-dominated world, has been buying up large swathes of the Hawaiian island Kauai.

Zuckerberg and his wife, Priscilla Chan, are constructing a gigantic compound – known as Ko’olau Ranch – on this land, which will most likely cost over A$400 million to complete.

This estate stretches over 5,500,000 square metres, is surrounded by a two-metre wall and is patrolled by numerous security guards driving quad bikes on nearby beaches. Hundreds of local Hawaiians work on Zuckerberg’s property. But precisely how many, and what they actually do, is concealed by a binding nondisclosure agreement.

Read the full article here.

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