skip to nav
Tuesday July 1, 2008

Super-rich save the world, says Busson

Arpad Busson, the French-born hedge fund manager who popped the question to Uma Thurman (pictured together) last week, claims that contrary to what the public sometimes thinks, the people he works for - the super-rich - have made the world a safer and better place. In an interview in today's Guardian, Busson says: "There have always been super-rich. The world was a much more dangerous place before because there were maybe 100 super-rich in the world. Now you have more super-rich. What's dangerous is the concentration of wealth in the hands of a few individuals."

He rejected the argument that his clients' speculation has caused prices - in fuel, housing and so on - to rise. "They (the super-rich) really are in a different league," he said. "What they see, what they buy, how they live has nothing to do even with rich people. Those super-billionaires live in a different world, and are not going to affect the price of an apartment in Hackney."

FIRST POSTED JULY 1, 2008

ADVERTISEMENT

sign up for the daily email

ADVERTISEMENT

ADVERTISEMENT