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Wednesday, February 26, 2014

Sensitive Billionarses

A couple of recent newspaper reports illustrate that billionaires are getting upset with the rest of us. 'Billionaire real estate investor Sam Zell agreed with capital pioneer Tom Perkins that wealthy Americans are being unfairly criticized and said that the 1 per cent work harder.' (Chicago Tribune, 6 February) 'Tamara Ecclestone, the daughter of Bernie Ecclestone, the billionaire head of Formula One, has accused Britons of having a "vicious attitude" towards people born into wealth. ...... The celebrity heiress has starred in a reality television show, Billionaire $$ Girl, about her opulent lifestyle, and is known to have spent £30,000 on champagne in a single night and bought a £1 million crystal bathtub.' (Times, 25 February) As far as we can ascertain Tamara has never worked a day in her life, despite Zell's claim about billionaires working harder. RD

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