Saturday, June 30, 2012

Amber Waves of Green

The gap between the richest and the poorest among us is now wider than it has been since we all nose-dived into the Great Depression. So GQ sent Jon Ronson on a journey into the secret financial lives of six different people on the ladder, from a guy washing dishes for 200 bucks a week in Miami to a self-storage gazillionaire. What he found are some surprising truths about class, money, and making it in America.

As I drive along the Pacific Coast Highway into Malibu, I catch glimpses of incredible cliff-top mansions discreetly obscured from the road, which is littered with abandoned gas stations and run-down mini-marts. The offlce building I pull up to is quite drab and utilitarian. There are no ornaments on the conference-room shelves—just a bottle of hand sanitizer. An elderly, broad-shouldered man greets me. He's wearing jogging pants. They don't look expensive. His name is B. Wayne Hughes.

You almost definitely won't have heard of him. He hardly ever gives interviews. He only agreed to this one because—as his people explained to me—income disparity is a hugely important topic for him. They didn't explain how it was important, so I assumed he thought it was bad.

I approached Wayne, as he's known, for wholly mathematical reasons. I'd worked out that there are six degrees of economic separation between a guy making ten bucks an hour and a Forbes billionaire, if you multiply each person's income by five. So I decided to journey across America to meet one representative of each multiple. By connecting these income brackets to actual people, I hoped to understand how money shapes their lives—and the life of the country—at a moment when the gap between rich and poor is such a combustible issue. Everyone in this story, then, makes roughly five times more than the last person makes. There's a dishwasher in Miami with an unbelievably stressful life, some nice middle-class Iowans with quite difflcult lives, me with a perfectly fine if frequently anxiety-inducing life, a millionaire with an annoyingly happy life, a multimillionaire with a stunningly amazing life, and then, finally, at the summit, this great American eagle, Wayne, who tells me he's "pissed off" right now.

"I live my life paying my taxes and taking care of my responsibilities, and I'm a little surprised to find out that I'm an enemy of the state at this time in my life," he says. (...)

In 2006, Wayne was America's sixty-first-richest man, according to Forbes, with $4.1 billion. Today he's the 242nd richest (and the 683rd richest in the world), with $1.9 billion. He's among the least famous people on the list. In fact, he once asked the magazine to remove his name. "I said, 'It's an imposition. Forbes should not be doing that. It's the wrong thing to do. It puts my children and my grandchildren at risk.' "

"And what did they say?" I ask.

"They said when Trump called up, he said the number next to his name was too small."

When Wayne is in Malibu, he stays in his daughter's spare room. His home is a three-bedroom farmhouse on a working stud farm in Lexington, Kentucky.

"I have no fancy living at all," he says. "Well, I have a house in Sun Valley. Five acres in the woods. I guess that's fancy."

I like Wayne very much. He's avuncular and salt of the earth. I admire how far he has risen from the Grapes of Wrath circumstances into which he was born; he's the very embodiment of the American Dream. I'm surprised, though, and a little taken aback, by his anger. I'll return to Wayne—and the curiously aggrieved way he views his place in the world—a bit later.

But first let's plummet all the way down to the very, very bottom, as if we're falling down a well, to a concrete slab of a house in a downtrodden Miami neighborhood called Little Haiti.

by Jon Ronson, GQ |  Read more: