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Showing posts from June 22, 2023

The Titanic Sub, The Rich, And The Super Rich

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What's held my attention most in the story of the missing Titanic sub is the subplot involving wealth -- and it sounds like much of it is either inherited or of unidentifiable origin -- and a strange subcluture where a clique of wealthy people feed their own deep insecurities. Let's just start with the CEO of OceanGate, Stockton Rush. According to this story, In past media appearances, Rush appears calm, collegiate and telegenic. With silver hair and business-casual attire, he looks like he might be more at home on the golf course than thousands of feet under the sea. However, questions are now swirling about some of his decisions related to the submersible. . . . Rush has described himself as having been "born into" wealth and then "grew it," according to a 2017 Bloomberg profile. The grandson of an oil and gas magnate, he became a private investor alongside working in aviation, earning his pilot's license at the age of 19, the outlet reported...