October 10, 2024· 46 min

The Ultra-Rich Are Building a Separate World Here on Earth

Orality
Model
69%
Oral-dominant (speeches, podcasts, storytelling)

Speaker Breakdown

HostTracy Alloway(1,616 words)
M:28%
HostJoe Weisenthal(1,382 words)
M:28%
GuestAtossa Araxia Abrahamian(4,848 words)
M:29%

Oral Indicators

Agonistic31%
literally, completely, obviously
Engagement53%
you, our, your
Memory Aids100%
listen, now, see
Repetition100%
like (77x), know (58x), they (52x)
Parallelism69%
And I'm Tracy Alloway...., But I found that story to be r..., So it's like, okay, Miami is n...
Sound Patterns64%
57 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases9%
you know what, i mean, to be honest

Literate Indicators

Hedging10%
fairly, might, maybe
Passive Voice8%
were closed, was used, being stored
Abstract Nouns19%
investment, recommendation, environment
Subordination8%
because, though, since
Sentence Length37%
Avg: 14.4 words/sentence
Word Complexity47%
investment, analyze, anticipate
Academic Markers0%
Impersonal Style47%
474 personal pronouns found
Descriptive Style75%
literally, completely, partially

Description

In recent years, we've seen the emergence of cities whose main industry is that they're a great place to live if you're rich. Dubai would be the ultimate example of this dynamic. But it's not just Dubai. Lots of cities, all around the world, exist to cater to the wealthy, with a set of laws and taxation schemes that act like a magnet for global wealth. So how do these cities work? How big are they? And what exactly do they offer the global rich? On this episode of the podcast, we speak with Atossa Araxia Abrahamian, author of The Hidden Globe: How Wealth Hacks The World. She talks about these booming types of cities, how they emerged, and where they are going. Read more: Miami Wealth Boom Fuels $13 Billion Firm Serving the Ultra Rich Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox each week, plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots See omnystudio.com/listener for privacy information.