Richistan: A Journey Through the American Wealth Boom and the Lives of the New Rich
by Robert Frank
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Book Summary Information
Author: Robert FrankEdition: Paperback
Audio: English (Unknown); English (Original Language); English (Published)
Published: 2008-06-24
ISBN: 0307341453
Number of pages: 288
Publisher: Three Rivers Press
Book Reviews of Richistan: A Journey Through the American Wealth Boom and the Lives of the New Rich
Book Review: A Real Page Turner
Summary: 5 Stars
"Richistan" a well written, most interesting look at the lives of the new rich was a real page turner. For the most part, their over consumptive lifestyles were gross. Another good title for the book would have been "Grossistan!" For example, in a study on the wealthiest people's (Richistani's) favorite watches, Rolex barely made the top ten. Frank Muller watches were rated number one. They are hand made, mostly of stainless and quartz. The Cheapest Frank Muller watch costs $4,800 and the most expensive costs $6000,000. How in the world can anyone wear that costly a watch with all the homeless, hungry and starving people we have in this world and not be conscience stricken? The rich compete for the biggest and most expensive of everything. Yachts so huge that they don't fit into a regular sized Marina. Also, the most expensive cars, and largest and greatest number of homes. According to to the book's author, Robert Frank, "Waste and excess are not just tolerated by the rich they are necessary and show the person's rank on the social scale. In a consumer society rank is signaled by spending. The failure to consume in due quality and quantity becomes a mark of inferiority and demerit." As you've probably guessed the super rich are insecure just like less wealthy people. One family stood out in a positive way. While extremely wealthy and very busy, they ate simple meals and tried to spend as much free time as possible with their children. As a family, they loved riding bike around their estate.
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