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28 days ago

Silicon Valley Elite Are Investing in Doomsday Prepping

Wibbitz Top Stories
Wibbitz Top Stories
Silicon Valley Elite, Are Investing in, Doomsday Prepping .
Business Insider reports that the ongoing pandemic and a divisive political climate have contributed to pushing the prepping trend among the wealthy. .
Business Insider reports that the ongoing pandemic and a divisive political climate have contributed to pushing the prepping trend among the wealthy. .
From Silicon Valley to Wall Street, some
of the biggest names in tech have started
investing in doomsday prepping.
From Silicon Valley to Wall Street, some
of the biggest names in tech have started
investing in doomsday prepping.
Doomsday prepping, or survivalism, is a movement
whose participants actively prepare for
a political, social or natural global emergency.
According to a survey by Finder,
an estimated 20% of Americans participate
in some sort of doomsday prepping.
Back in 2017, Reddit
CEO Steve Huffman told
'The New Yorker' that he
bought motorcycles, guns
and ammo to be prepared
for potential disaster.
He and Yishan Wong, Reddit's CEO from 2012 to 2014,
both got Lasik eye surgery to increase their
odds of surviving some kind of world disaster.
He and Yishan Wong, Reddit's CEO from 2012 to 2014,
both got Lasik eye surgery to increase their
odds of surviving some kind of world disaster.
LinkedIn cofounder Reid Hoffman estimates that
over 50% of his "fellow Silicon Valley billionaires"
have purchased some kind of doomsday hideaway spot.
LinkedIn cofounder Reid Hoffman estimates that
over 50% of his "fellow Silicon Valley billionaires"
have purchased some kind of doomsday hideaway spot.
The tech preppers do not necessarily
think a collapse is likely. They consider
it a remote event, but one with a very
severe downside, so, given how much
money they have, spending a fraction
of their net worth to hedge against this
... is a logical thing to do, Yishan Wong, Former CEO of Reddit, via 'The New Yorker'.
According to 'The Guardian,' billionaire venture
capitalist Peter Thiel has long cited one book
as being a large influence in his life.
'The Sovereign Individual: How to Survive
and Thrive During the Collapse of the Welfare State'
details a civilizational collapse.
'The Sovereign Individual: How to Survive
and Thrive During the Collapse of the Welfare State'
details a civilizational collapse.
The book suggests a societal collapse would give way to the rise of the "cognitive elite" who, after hiding, would then rebuild a new world.
The book suggests a societal collapse would give way to the rise of the "cognitive elite" who, after hiding, would then rebuild a new world

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