Page 22 - OCEAN BLUE - SUMMER 2015

FROM THE CHAIRMAN

Where
billionaires
play...

L os Cabos is where the the world. It can take that long just
upper stratosphere to move around within these cities.
wealthy choose to Unicorn is the name used to describe
play. The power tech startup companies that have a
magnates with their fingers in oil, gas, one billion dollar or higher evaluation.
venture capital, software, high tech, There are more than 80 Unicorn
real estate development, industrial companies, with at least eight valuing
manufacturing, and all sorts of heirs, over ten billion dollars according
tee off at world-class golf courses that to an investigation by Forbes. What
meet the backyards on their private companies are they? You might know
estates. Their private jets populate the Uber, AirBNB and Dropbox which
runways. are headquartered in San Francisco,
Palantir and Theranos located in Palo
The part-time resident list includes an Alto, and Snapchat operating out of
endless slate of the ultra-rich, A-list Venice, all in California.
celebs, and privacy hounds who often Coupled with the A-list from the
seek anonymity. They choose Los nation’s film and television industry
Cabos partly for its proximity to the capital, Los Angeles, this gives you a
rest of the world. Sparsely populated, clue as to who owns those planes and
with hundreds of private villas and luxury ocean liners. In addition, it
luxury hotels overlooking turquoise takes less than six hours to get from
seas stroking miles of beach creates the New York City to Los Cabos’ clear
illusion of being far away from it all, air and sunshine. New York has the
when not being far at all. second largest Unicorn concentration
In reality it’s less than a three hour in the US.
hop from the LA airport and a little
more than three hours from San
Francisco, the Unicorn capital of

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