Why Are Billionaires Selling Off Stocks And Building Massive Survival Bunkers? (2024)

Gaza
Let me reset the table before we begin this section. There are still 134 abductees in Gaza, which include four who have been there since 2014. For those of you doing the math, that’s a full decade in captivity. With the announcement of the death of 19-year-old Sgt. Oz Daniel, the number of confirmed dead among the hostages has risen to 33. Hamas needs to understand that there will be no peace until our hostages have been returned home.

As part of the preparation for the invasion of Rafah in southernmost Gaza, Head of Shin Bet Ronen Bar and Israel Defense Forces (IDF) Chief of Staff Herzi Halevi visited Cairo. The Egyptian government has been concerned that military action in Rafah will push Palestinians into their country. In other words, the Egyptian Arabs want to make sure that none of the Palestinian Arabs cross the border. Why? Because they know the Palestinians and recognize that they bring trouble with them wherever they go. Former Jordanian King Hussein understood that truth and used his military to drive out all the militant Palestinian factions from his country. Bar and Halevi reassured the Cairo government that they needn’t be concerned.

Israeli citizens were once again reminded how dangerous tunnel warfare is when they were informed of the deaths of 25-year-old Maj. Iftah Shahar and 24-year-old Cpt. Itai Seif. A booby-trapped tunnel shaft exploded in Gaza killing the two officers and wounding ten more soldiers. As I’ve said before, never before in the history of warfare has a military been forced to conduct simultaneous above and below ground operations in the manner necessary in Gaza.

It seems that everyone in the world is desperate for a ceasefire, except Hamas and Israel. Excitement for a ceasefire began to stir again this past week, leading U.S. President Joe Biden to postulate that a deal could be signed as soon as Monday. But two days ago, Hamas said, “Yeah…no!” The two most disappointed by this are Biden, who needs peace in the Middle East before the upcoming elections, and the Gazan people, who are seeing prices for necessities skyrocket as Hamas steals goods and relief supplies for themselves.

Northern Front
The back and forth between Hezbollah and Israel in the north continues. A heavy barrage yesterday consisting of 40 rockets was launched toward northeastern Galilee and Kiryat Shmona. Most were intercepted or fell in unpopulated areas. However, one rocket landed on the roof of a three-story building but caused no casualties.

Two days prior, on Monday, IDF aircraft targeted a car driven by Hassan Hossein Salami, killing the man. The senior Hezbollah commander, who was in charge of the Hajir Sector, oversaw a number of terrorist plots carried out against IDF forces and Israeli civilians.

A building near Damascus used as headquarters for pro-Iranian militias was destroyed in an Israeli strike last night. Very powerful bombs dropped by IAF planes decimated the structure in the Saida Zeinab area, while a Syrian army facility in the south Damascus village of Hajira was also blown apart. Reports of casualties began to filter out as the fires burned late into the night.

Houthis
Last Tuesday, the Rubymar, a Belize-flagged cargo ship carrying fertilizer from the UAE to Belarus, was hit by a Houthi anti-ship missile while in the Red Sea. The resulting 18-mile oil slick became a natural disaster. The ship is now sinking. Before a senate subcommittee, US Special Envoy for Yemen Tim Lenderking testified that Iran was “equipping and facilitating” the Houthis in their attacks. The chairman of the committee reportedly replied, “No kidding, Tim. That Tsarfati guy has been saying that in his newsletter for months.” Well, maybe he didn’t. But he could have. The Houthis are just another of Iran’s proxy militias, just a little better funded and a lot more crazy. On Saturday, the U.S. and U.K. launched dozens of strikes against the terrorist group, targeting infrastructure and weapons.

The Houthis are targeting more than just ships. In the past months, four underwater communications cables are alleged to have been knocked out of working order. The cables, which run between Saudi Arabia and Djibouti, are a key link between Europe, Asia, and Africa. Repairs could take up to eight weeks.

Iran
Great news! Iran’s stockpile of military-grade, 60%-enriched uranium is decreasing! Wait, the report came from the International Atomic Energy Agency [IAEA]? Never mind. But I did read somewhere that no progress has been made lately on Iran’s nuclear project! So, at least that’s something! What? That came from the same report from the same autonomous division of the United Nations? Uh…okay, let’s just move on to the next story.

Abraham Accords
If you remember, recently I told you that the ties between Israel and Saudi Arabia are growing stronger. But for the relationship to progress, it has to be done quietly. On Monday at the World Trade Organization’s ministerial conference in Abu Dhabi, Israeli Economy Minister Nir Barkat approached Saudi Arabia’s Commerce Minister Majid bin Abdullah Al-Qasabi. The two shook hands and Barkat told his counterpart, “Israel is interested in peace with countries that seek peace, and we can make history together.” It was a cordial meeting. Unfortunately, it was recorded, and the video quickly went viral. Before you knew it, the Saudi government issued a statement saying that Qasabi was busy, talking to the Nigerian minister when “an unknown individual approached the minister to offer greetings.” Only later did he identify himself as a member of the “Israeli occupation government.” In the Middle East, appearance is everything.

Why Are Billionaires Selling Off Stocks And Building Massive Survival Bunkers? (2024)

FAQs

Why are so many billionaires making bunkers? ›

Aiming to protect themselves from potential threats including civil unrest, cyberattacks, nuclear bombing, power grid failure and drastic climate-change events, many work directly with general contractors to build kitted-out end-times bunkers, while others call on a handful of specialized companies.

What is a billionaire bunker? ›

Indian Creek, a 300-acre man-made barrier island in Biscayne Bay, is more than just a posh neighborhood; it's a fortress of luxury and privacy, often referred to as Billionaire Bunker. The island is noted for its tight security with access restricted to a two-lane bridge closely monitored by armed guards.

Who is building bunkers? ›

Some well-known public figures who either have or are building alleged doomsday bunkers/panic rooms include Mark Zuckerberg, Bill Gates, Kim Kardashian, Tom Cruise and Shaquille O'Neal, although there are probably many more.

Why are bunkers important? ›

Bunkers played a crucial role in defending strategic positions against enemy advances, housing a variety of armaments and defensive systems. Emplacements for machine guns, anti-aircraft guns, and artillery were integrated into the bunker's design, allowing defenders to repel ground assaults and aerial bombardments.

Who lives at billionaires bunker? ›

Florida's Indian Creek Village is also known as 'Billionaire Bunker'. It has long been known for its incredibly deep-pocketed residents. They include Jeff Bezos, Ivanka Trump, hedge fund king Ken Griffin, Tom Brady, Carl Icahn, Eddie Lampert and singer David Guetta.

How much does a bunker cost in real life? ›

Building an underground bunker costs $200 to $400 per square foot or $40,000 to $80,000 total on average. Large, luxury doomsday bunkers cost $9 million or more. People typically build bunkers to withstand serious disasters like nuclear fallout or bombs, but some use them for natural disasters like tornadoes.

How long can you stay in a bunker for? ›

Underground fall-out shelters can be designed to maintain acceptable thermal conditions for isolation periods of about 2 weeks, with minimal artificial heating or cooling and ventilation. Mechanical cooling is essential in desert regions and hot-humid areas.

What celebrities have a bunker? ›

Kim Kardashian, Shaquille O'Neal and Tom Cruise are said to have built bunkers or temporary safe rooms. Bill Gates apparently has bunkers under his homes.

What's the difference between a bunker and a bomb shelter? ›

While these forms of bomb shelters are equally amenable to civilians and military use, a bunker is more commonly associated with military use. A bunker may be hastily assembled as part of an ongoing military advance, or to hold a line.

What is the best state to build a bunker in? ›

Ragusa recommends rural parts of Texas, Florida and California (far from large population centres which might make attractive targets) as places to survive a nuclear exchange. He says: 'The reason why I picked these three states is because they are near water and have warm climates.

Why are rich people buying bunkers? ›

Their extreme wealth and privilege served only to make them obsessed with insulating themselves from the very real and present danger of climate change, rising sea levels, mass migrations, global pandemics, nativist panic and resource depletion.

What can a bunker protect you from? ›

One of the primary purposes of underground bunkers is to shield individuals from the dangers of nuclear radiation and biological hazards. These bunkers are designed with thick walls and specialized materials that provide excellent radiation and contamination shielding.

How much does it cost to build a bunker? ›

Building an underground bunker costs $200 to $400 per square foot or $40,000 to $80,000 total on average. Large, luxury doomsday bunkers cost $9 million or more. People typically build bunkers to withstand serious disasters like nuclear fallout or bombs, but some use them for natural disasters like tornadoes.

What is the most secure bunker in the world? ›

The World's Most Secure Buildings: Bunker 42, Russia

Originally designed as a fortress to withstand a nuclear attack, this underground bunker has since been transformed into a museum, offering a glimpse into a pivotal era of global tension and the extraordinary measures taken for survival.

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