Looking at How the Other One Percent Live

Friday, September 24, 2010

Some of the biggest news in Forbes' list of 400 richest Americans is the growing wealth of 26-year-old Facebook CEO Mark Zuckerberg. Zuckerberg's net worth is currently estimated to be $6.9 billion; he is planning to donate $100 million to the Newark, New Jersey public school system. Cynics point out that Zuckerberg's generous philanthropy could be a crafted PR move scheduled a week before "The Social Network," a not-entirely-complimentary movie about Zuckerberg comes out. All the same, we wanted to know: how do billionaires spend their money? 

For the answer, we spoke with Robert Frank, the Wall Street Journal's Private Wealth Reporter and author of Richistan: A Journey Through the American Wealth Boom and the Lives of the New Rich.


Robert Frank

Produced by:

Hsi-Chang Lin

Leave a Comment

Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.