Facebook's elite have formed their own secret group within the company where employees meet to discuss what kind of things they want to buy with their millions.
'T.N.R. 250', short for 'The Nouveau Riche 250', comprises Facebook's first 250 employees, many of whom have become multi-millionaires, according to Nick Bilton, who wrote about the Silicon Valley tech bubble for Vanity Fair.
He discovered that the members of T.N.R. 250 use the group to discuss what they want to do with the cash they have put away as Facebook has grown. The wishlist includes boats, planes, Banksy portraits and even tropical islands, Bilton said.
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The catch? The group is not actually on Facebook. That would spoil the illusion many in Silicon Valley are working hard to maintain that they don’t really care about money at all.
Secrecy is partly a result of the dot com crash 200, according to the New York Times – when the celebratory balloons at billion parties deflated as the air went out of the tech market.
The Times has also pointed out that it’s not cool to care about your wealth when some of the most famous tech billionaires don’t. Steve Jobs wore the same roll-neck for nearly every Apple presentation, while Mark Zuckerberg, the founder of Facebook, is similarly unflashy about his wealth.
