R360, which only accepts members worth $100 million or more, wants to bring mindfulness to your money.
, or FOX, also emphasizes peer-networking alongside financial education. Garcia admits there might be the occasional deal struck between R360 acolytes, but the club’s primary role has a higher calling than boosting the bottom line.“We’re focused on bringing in the right people who have more than enough money in the bank.
Richard Branson, founder of the Virgin Group and Virgin Galactic, hosted members of R360 at one of his private islands. Garcia calls the last two years “the cherry on top,” as the pandemic has re-emphasized structural inequalities that were once much easier to overlook. Over that period, theas the poorest struggled. Everyone craved more connection and consideration. Adds managing partner Michael Cole, “It’s resulted in people feeling isolated, and clamoring for community.
“We have a fairly challenging membership process,” admits Michael Cole, noting it involves not only the traditional club mechanic of nominations from existing members, but also background checks and references. “Then that all goes to a membership committee made up only of our members, who want to make sure people are like-minded. If you’re coming to us and your only goal is to find a cool deal and make more money? We’re the wrong organization.
It isn’t just a club for the worthy and wealthy, though. On acceptance, members are assigned a ghost writer to create a custom, 200-page biography as a welcome gift. They also enjoy bonuses like cyber insurance and membership of élite emergency insurance
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
House Republicans invite Hunter Biden to testify on cobalt mining, his 'expertise' on EV batteriesHouse Republicans have called on Hunter Biden to testify before Congress later this week given his familiarity and 'expertise' in cobalt mining operations.
Read more »
C.W. McCall, 'Convoy' Country Singer, Dead at 93The troubadour of truck-driving songs helped add CB radio lingo like “10-4 good buddy” into the national lexicon with his spoken-word smash about big-rig drivers protesting government r…
Read more »
Twitch Co-Founder’s Gaming NFT Marketplace Raises $35MNEW: Twitch co-founder justinkan’s marketplace for gaming NFTs raised $35 million from big-name VCs. elitanjourno reports
Read more »
Confirmed: Indonesia to tax crypto transactions starting next monthAs a result of the recent rise in crypto trading, Indonesia wants to levy a value-added tax (VAT) on cryptocurrency... Continue reading
Read more »
Google Search features prevent users from believing 'fake news'Google adds new features to help Search users determine the legitimacy of information posted on Google Search.
Read more »