Privatization: The Road to Hell

The Creators - Billionaires are different from you and me, for obvious reasons, including the fact that they buy much pricier baubles than we do.

A sleek car costing $100,000? Why, for them, that's just an easy impulse purchase. A few million bucks for a Matisse original? Go ahead — it'll liven up the hallway. How about throwing a fat wad of cash at a university to get an academic chair named for you? Sure, it's all part of the fun of living in BillionaireLand. Read more.