Most notably tech millionaires are buying up doomsday bunkers and installing them in New Zealand, which has a reputation in Silicon Valley for being the ideal end-of-the-world bolt hole. In February it emerged that Paypal cofounder Peter Thiel had built a panic room into his property in Queenstown.
Carville spoke to two suppliers of underground bunkers, including Gary Lynch of Rising S Co., who said the company has placed bunkers in New Zealand for seven Silicon Valley entrepreneurs over the past two years. The company's most expensive model costs R121 million ($8 million) and is buried 3 metres underground to make it impervious to a nuclear blast.
Another bunker builder named Robert Vicino is working on a bunker big enough for 300 people, at R530,000 a head.
Carville spoke to Y Combinator president Sam Altman, who said that previous statements he'd made about an escape plan to New Zealand had been a joke. "The world is so interconnected now that if anything was to happen, we would all be in pretty bad shape, unfortunately," he told Bloomberg. However he does apparently have a "go bag" stocked with a gun, antibiotics, batteries, water, blankets, a tent, and gas masks.
Super rich Silicon Valley property buys have posed a problem for New Zealand in the past, and consequently in August it passed a law banning foreigners from buying existing homes in an attempt to curb inflated housing prices.
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