The Silicon Valley wealthy have become super doomsday preppers by buying remote New Zealand properties, getting eye surgeries, and stockpiling ammo and food
Shutterstock and Neilson Barnard/Getty
- Some of Silicon Valley's wealthiest have developed a penchant for prepping for the apocalypse.
- They're turning to Lasik eye surgery and multimillion-dollar real-estate investments in New Zealand.
- Investing for the end of the world has been embraced by the uber-rich, many of whom exist in Silicon Valley.
The so-called doomsday prepper community has been preparing for disaster, especially since the pandemic hit in March 2020.
A divisive political climate has also contributed to what has become increasingly uncertain times. A Texas bunker producer, who makes millions selling doomsday shelters, said his pro-Trump clients often bring up their political views, citing President Joe Biden's administration as a reason for wanting to prepare for disaster.
The wealthiest in society, from Silicon Valley to Wall Street and beyond, take it to a whole other level, perhaps simply because they can afford to.
From buying up land in New Zealand to getting Lasik eye surgery, here's how and why some of the biggest names in tech have invested in doomsday prepping.
Chris Keane/Reuters
Chris Keane/Reuters
Source: The New Yorker
There are subreddits and Facebook groups devoted to the community, and it's perforated pop culture in recent years, with TV programs like National Geographic Channel's "Doomsday Preppers" series that kicked off in 2012.Jim Urquhart/Reuters
Source: The New Yorker
There's an entire "doom boom" industry consisting of companies that sell emergency prep equipment.Jim Urquhart/Reuters
Source: NPR
An estimated 20% of Americans participate in some sort of doomsday prepping, according to a survey by Finder, which tracks spending habits.Chris Keane/Reuters
Source: Finder
But how the average American prepares is going to look a lot different from how the wealthiest in society will go about it.Chris Keane/Reuters
Florence Fu/Tech Insider
Justin Sullivan/Getty Images
Source: The New Yorker
He said he became inspired to take precautions for potential disaster scenarios after seeing the movie "Deep Impact."Paramount / "Deep Impact"
Source: The New Yorker
And while most have at least motorcycles, guns, and gold coins stocked up in case of a catastrophe, that's at the tame end of the spectrum.Jim Urquhart/Reuters
Source: The New Yorker
Huffman got Lasik eye surgery to increase his odds of surviving some kind of world disaster. Yishan Wong, who served as CEO of Reddit from 2012 to 2014, did the same.Zach Gibson/Getty Images
Source: The New Yorker
The head of an investment firm told The New Yorker that he keeps a gassed-up helicopter on standby at all times and has an underground bunker with an air-filtration system.Damian Dovarganes/AP Images
Source: The New Yorker
Tim Chang, managing director at the venture capital firm Mayfield Fund, told The New Yorker that he keeps a set of bags packed for him and his family in case of a disaster. He also invests in real estate for passive income and to have safehouses in place.Source: The New Yorker
Ex-Yahoo exec and current 500 Startups partner Marvin Liao said he took archery classes to be able to protect his family in the event that all hell broke loose.Reuters
Source: The New Yorker
Doomsday real estate purchases have also become a trend.Courtesy of Survival Condo Project
Guru Khalsa
Source: The New Yorker
Antonio García Martínez, an ex-Facebook product manager who lives in San Francisco, bought five acres on an island in the Pacific Northwest. His island home features generators, solar panels, and weaponry.Ted S. Warren/AP
Source: The New Yorker
There could be many reasons why those with money in the Valley opt to invest in doomsday preparations.Scott Olson/Getty Images
Katie Canales/Business Insider
Source: The New Yorker
Political unrest is another potential factor.Shannon Stapleton/Reuters
Source: The New Yorker
But their mere wealth and circumstances could also be the simplest explanation, as well as the experience that comes with operating in the risk-heavy venture capital industry.Carolyn Kaster/AP Photo
Andrew Harnik/AP
David Gray/Reuters
Rob Griffith/AP Photo
Source: Business Insider
Thiel owns two New Zealand properties and became a citizen in 2011.Drew Angerer/Getty
Source: Business Insider
Ex-president of famed accelerator Y Combinator Sam Altman said he also has his eyes trained on New Zealand in case of a disaster.Drew Angerer/Getty Images
Source: The New Yorker
He told The New Yorker that he and Thiel had an escape route to New Zealand planned in case of some kind of cataclysmic collapse, like a nuclear war or a viral outbreak.Drew Angerer/Getty
Source: The New Yorker
The fixation on New Zealand could stem from one of Thiel's favorite books.Ariel Schwartz/Business Insider
J. Scott Applewhite/AP
Source: The Guardian
At its core, the book essentially details how a civilizational collapse would give way to the rise of the surviving "cognitive elite" who would then rebuild a new world after idling standing by - and hiding - as the existing way of life crumbled to pieces.Courtesy of Survival Condo Project
Source: The Guardian
Thiel passed the book on through the Valley grapevine, spreading the concept to his colleagues in the tech community, according to The Guardian.Lucy Nicholson/Reuters
Source: The Guardian
The book's authors also pinpointed New Zealand as the prime spot to hole up until the dust settled following a fallout.Reuters
Shutterstock and Neilson Barnard/Getty
Source: Business Insider
According to The New Zealand Herald, Thiel bought a Queenstown mansion in 2011. He turned one of the home's walk-in closets into a panic room.Alastair Grant/AP
Source: Business Insider
Thiel obtained private citizenship of New Zealand in 2011 as well, despite only having spent 12 days in the country.SAUL LOEB/AFP/Getty Images
Source: The Guardian and The Guardian
And in 2015, he bought an estate on Lake Wanaka valued at around $10 million.Mark Baker/AP
Source: The New Zealand Herald
Buying up New Zealand real estate became so popular among execs in the Valley that purchasing a house in New Zealand became Silicon Valley code for getting "apocalypse insurance," as Business Insider's Melia Russell reported in 2017.New Zealand Herald, Mark Mitchell/AP
Source: Business Insider
Some tech execs have even reportedly already flocked to their bunkers in the country to wait out the COVID-19 pandemic.Mark Baker/AP
Source: Business Insider
And some in New Zealand resent that so much of the nation's property has gone to wealthy foreign buyers who don't live there permanently.Tristan Fewings / Getty
Source: The New Yorker
So in 2018, the New Zealand Parliament passed a law barring most foreign visitors from purchasing homes or land within the country, which had begun exacerbating a nationwide housing crisis.Mark Baker/AP
Source: Business Insider
"If you've got the right to live in New Zealand permanently, you've got the right to buy here. But otherwise it's not a right, it's a privilege," New Zealand's minister for economic development and trade David Parker said in 2018.Rodrigo Garrido/Reuters
Source: Business Insider
The country of New Zealand requires foreigners who purchase land there to be "of good character," a clause that affected former NBC host Matt Lauer when sexual-misconduct allegations arose in 2017.Slaven Vlasic / Stringer/Getty Images
Source: Business Insider
Lauer purchased a 16,000-acre ranch valued at $9.1 million in early 2017 before the allegations were made public. New Zealand ultimately allowed the former TV host to keep his land.Mike Sega/Reuters
Source: Business Insider and The New York Times
The clause still applies to all New Zealand property owners - good character is "actively confirmed" throughout ownership periods.Henning Gloystein/Reuters
Source: The New York Times and Business Insider