



The Haves and Have-Yachts
Dispatches on the Ultrarich
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- $14.99
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- $14.99
Publisher Description
From New York Times bestselling and National Book Award–winning author Evan Osnos comes a timely and provocative collection of essays exploring American oligarchy and the culture of excess, providing a wry, unfiltered look at how the ultrarich shape—and sometimes warp—our social and political landscape.
The ultrarich hold more of America’s wealth than they did in the heyday of the Carnegies and Rockefellers. Here, Evan Osnos’s incisive reportage yields an unforgettable portrait of the tactics and obsessions driving this new Gilded Age, in which superyachts, luxury bunkers, elite tax dodges, and a torrent of political donations bespeak staggering disparities of wealth and power.
With deft storytelling and meticulous reporting, this is a book about the indulgences, incentives, and psychological distortions that define our economic age. In each essay, Osnos delves into a world that is rarely visible, from the outrageous to the fabulous to the ridiculous: a private wealth manager who broke with members of an American dynasty and spilled their secrets; the pop stars who perform at lavish parties for thirteen-year-olds; the status anxieties that spill out of marinas in Monaco and Palm Beach like real-world episodes of Succession and The White Lotus; the ethos behind the largest Ponzi scheme in Hollywood history; the confessions of disgraced titans in a “white-collar support group.” A celebrated political reporter, Osnos delves into the unprecedented Washington influence of Silicon Valley and Wall Street, drawing on in-depth interviews with Mark Zuckerberg and other billionaires, about their power and the explosive backlash it stirs.
Originally published in The New Yorker, these essays have been revised and expanded to deliver an unflinching portrait of raw ambition, unimaginable fortune, and the rise of America’s modern oligarchy. Osnos’s essays are a wake-up call—a case against complacency in the face of unchecked excess, as the choices of the ultrarich ripple through our lives. Entertaining, unsettling, and eye-opening, The Haves and the Have-Yachts couldn’t be more relevant to today’s world.
PUBLISHERS WEEKLY
National Book Award winner Osnos (Age of Ambition) provides an amusing and enraging glimpse into the lives of the überwealthy. In a series of essays originally published in the New Yorker, Osnos follows the 1% as they purchase 295-ft.-plus "gigayachts" ("the most expensive objects our species has ever owned"), plan to ride out the apocalypse in a "luxury apartment complex built in an underground Atlas missile silo," and hire rapper Flo Rida for a bar mitzvah. The author also reveals how the upper echelons stay there—usually through innovative tax dodges like flying a jet to a business meeting to "maintain the claim that their trust was not run from California"—and how wannabes are relentless in their efforts to scam their way to the top, like an incarcerated Hollywood Ponzi schemer who plagiarizes motivational speakers on his prison blog. The best essays revel in the sheer ludicrousness of extreme wealth: "bored billionaires" hiring "experiential yachting" experts to stage a mock Battle of Midway or getting Zabar's bagels delivered via helicopter. These over-the-top tales are balanced out by more conventional profiles and analyses, including an examination of Facebook's "cult of growth." While adding ample historical context (the first "trusts" originated as a tax dodge for Crusaders), this succeeds most of all as an exposé of the grotesque excesses of the elite.