R360 is set up as a limited partnership, with founding partners paying $US350,000 each. A family membership costs $US180,000, but money alone isn’t enough.
To show how exclusive you are, there’s nothing like turning away a billionaire.
Two billionaires were among those nominated to join R360, a new, invitation-only investment and networking group for people with net worth of $100 million or more.
Bloomberg Wealth
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Original URL: https://www.afr.com/wealth/personal-finance/billionaires-not-good-enough-for-new-club-of-super-rich-20211024-p592mw