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Home Type Curated

Why Are Billionaires Selling off Stocks and Building Massive Survival Bunkers?

by Michael Snyder
February 28, 2024
in Curated, Opinions
Billionaire Preppers
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(End of the American Dream)—If you want to determine what people believe, don’t listen to what they say.  Rather, closely watch what they actually do.  In recent days, the stock market has been hovering near all-time record highs and business leaders have been assuring us that good days are ahead.  But meanwhile many of our most famous billionaires have been doing things that indicate that they are extremely concerned about what is coming in the future.  For example, during the first two months of this year Jeff Bezos, Jamie Dimon and Mark Zuckerberg “have all sold big chunks of shares in their own companies”…

Amazon’s Jeff Bezos, JPMorgan’s Jamie Dimon, and Meta’s Mark Zuckerberg have all sold big chunks of shares in their own companies. How come?

Bezos is way out in front after offloading 50 million shares of Amazon in just nine trading days this month, pocketing an estimated $8.5 billion.

Zuckerberg cashed in almost 1.8 million shares of his social-media empire for more than $400 million in the last two months of 2023.

JPMorgan’s Dimon joined the club this month, jettisoning about 822,000 shares of the bank he leads for about $150 million.

If these men believe that the U.S. economy is going to thrive and their companies will continue to grow, it would make sense to just sit back and let their portfolios increase in value.

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But instead they have all determined that this is a perfect time to sell.

And I can definitely understand that.  Over the past year, the stocks of all three companies have soared to unprecedented heights…

Meta stock has soared by 186% over the past year, JPMorgan is up nearly 30%, and Amazon has surged close to 90%. All three companies are trading close to record highs.

These men didn’t become filthy rich by being stupid, and selling at the peak of the bubble certainly wouldn’t be stupid.

But is that the only reason why these billionaires are feverishly liquidating shares?

In recent weeks, much has been made of the fact that Zuckerberg and his wife are constructing an absolutely massive survivalist compound in Hawaii.  The following comes from Time Magazine…

Meta CEO Mark Zuckerberg and his wife Priscilla Chan, co-founder and co-CEO of the Chan Zuckerberg Initiative, plan to build a 5,000-square-foot underground shelter on their Hawaii ranch with its own energy and food supplies, according to a Wired investigation published earlier this month.

The plan is that the shelter’s door will be made of metal and filled in with concrete—common in bunkers and bomb shelters, the news outlet reported in its extensive article citing planning documents and interviews.

So why is Zuckerberg going to such effort?

Does he know something that the rest of us do not?

Yes, it is true that Zuckerberg has always been more than a little bit eccentric.

But many other ultra-wealthy individuals are also preparing for doom.  In fact, Sam Altman and Peter Thiel both seem to be extremely alarmed about the times that are approaching…

To keep himself safe, Altman keeps a stash of the usual Doomsday prepper fare including antibiotics and water as well as some more unusual goods. He told the founders of the startup Shypmate, per the New Yorker: “I try not to think about it too much. But I have guns, gold, potassium iodide, antibiotics, batteries, water, gas masks from the Israeli Defence Force, and a big patch of land in Big Sur I can fly to.”

He also said he and PayPal co-founder Peter Thiel have an “arrangement” to flee to one of Thiel’s luxury properties in New Zealand in the event the End of the World comes about.

Why would Sam Altman need guns and gas masks?

And why would he need potassium iodide?

Exactly what does he expect to happen?

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Other billionaires are going to even greater extremes.

Al Corbi, the founder and president of Strategically Armored & Fortified Environments, says that he is currently working on an “island fortress” for one client that will have a very deep moat around it filled with highly flammable liquid…

Corbi — who worked on the palatial 27-floor, $4.8 billion Mumbai residence of business mogul Mukesh Ambani of Reliance Industries — reveals to THR that his most spectacular project, due to be completed in 2025, is an island fortress created on a 200-acre property in the U.S., with cutting-edge tactical systems.

“The shelter can withstand a blast one mile from ground zero,” says Corbi. “But that was almost incidental. The client [a business mogul] was saying, ‘I want to make sure that no one can get to my family,’ so we wound up literally building a 30-foot-deep lake [around the compound] skimmed with a lighter-than-water flammable liquid that can transform into a ring of fire. The only access to the island is a swing bridge.”

I have to admit, that sounds pretty cool.

I just hope that they have figured out how to keep the fire from escaping the moat.

The property will also have “water cannons that can take down parachuters”…

Also at Corbi’s project, “there are water cannons that can take down parachuters, Apache helicopters, whatever’s coming your way 500 feet in the air,” he says. “Then we took all the dirt removed for the lake to literally build a mountain as natural fortification around the property. And we cut a tunnel through with flame-throwers, gassing systems, a steel wall that closes midway that could stop a 16-wheeler going 80 miles an hour, and bollards at both ends.”

Okay, so I have a question.

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Why go to so much trouble?

If life is going to continue more or less like it has for the past few decades, why waste so much money?

Obviously the client that is paying for this island fortress is envisioning that the world is going to go mad.

And I agree with that assessment.

In fact, I believe that the most chaotic chapters in all of human history are ahead of us.

The billionaires that I have discussed in this article would not see eye to eye with me on all of the specifics, but they are certainly preparing for apocalyptic times too.

What about you?

Have you been getting prepared for what is coming?

I hope so, because the clock is ticking…

Michael’s new book entitled “Chaos” is available in paperback and for the Kindle on Amazon.com, and you can check out his new Substack newsletter right here.

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Two Storms, One Harvest

Empty Shelves

Every food crisis in living memory has been a one-shock event. The 2008 price spike was a commodity bubble. The 2020 shortages were a logistics failure. The 2022 grain scare was a war on one exporter’s ports. Each time, the system bent, adjusted, and recovered, and each time the experts assured us afterward that global markets are simply too big and too diversified to fail.

What nobody in Washington seems eager to discuss is that 2026 is shaping up to be something the modern food system has never actually faced. Two independent shocks, one climatic and one geopolitical, are converging on the same harvest cycle at the same time. Not sequentially. Simultaneously.

Start with the weather. The Pacific Ocean is currently building toward what forecasters now openly call a record event. NOAA’s Climate Prediction Center puts the odds of at least a strong El Niño near 88 percent, with roughly two in three odds it reaches “very strong” status, the tier reserved for perhaps three or four events in the entire satellite era. Every major global model now projects a median peak in Super El Niño territory, and most of them project it exceeding the 2015-16 event, which until now held the modern record. Sea surface anomalies were already brushing the super threshold in mid-July, months before these events normally peak. The atmosphere has already shifted into El Niño mode, and the event is forecast to crest in late fall and early winter.

This is not about “climate change.” It’s about the standard cycles of weather, and the cycle we’re currently in is one that has likely devastated societies in the past. We’re better prepared as a society today, but not all Americans are equally prepared.

Serious households have started doing the quiet math on their own. Grocery bills tell part of the story, and the forecast maps tell the rest, which is why long-term food storage has moved from fringe hobby to mainstream line item in the family budget, with established suppliers like Heaven’s Harvest seeing demand from people who five years ago would have rolled their eyes at the idea. That instinct is not paranoia. It is pattern recognition, and the pattern is worth walking through carefully.

Editor’s Note: Heaven’s Harvest IS a sponsor, but the warnings of this article are real and would be written even if we didn’t have a survival food sponsor. With that said, those who take advantage of what they offer can use promo code “Patriot” for 15% off.

The Fertilizer Clock Is Already Running

While the Pacific warms, the second shock has been unfolding in the Strait of Hormuz. The conflict with Iran turned the world’s most important energy chokepoint into a contested waterway, and the consequences reach far beyond the gas pump. Roughly a third of global fertilizer trade moves through Hormuz, and the disruption sent urea prices up 86 percent year over year by March, with a 53 percent jump in a single month.

The World Bank projects energy prices rising about 24 percent in 2026 and fertilizer about 31 percent. By its own accounting, fertilizer prices ran 35 percent higher in the first five months of this year than the same period last year.

Here is the mechanism the nightly news will not explain. Fertilizer is not a grocery item. It is a time-delayed input. The nitrogen a farmer in Iowa or Punjab could not afford to apply this spring does not show up as a problem this spring. It shows up as a thinner harvest six to twelve months later.

The World Bank’s own food security brief concedes that the effects of reduced applications earlier this season “are likely to become visible only later in harvest outcomes.” Translate that from institutional language into plain English and it means this. The damage is already done, it is already in the ground, and we are simply waiting for it to arrive on the shelf.

Now check the calendar. Six to twelve months from the spring planting season lands us squarely in late 2026 and early 2027. Which is precisely when the strongest El Niño in the instrumental record is forecast to peak, bringing its signature droughts to Southeast Asia, Australia, southern Africa, northern Brazil, and South Asia, the very regions that grow the world’s rice, sugar, and oilseeds.

The World Bank warns openly that a strong El Niño “could disrupt multiple crop belts simultaneously” on top of the conflict-driven input costs. Their baseline projection assumes the Middle East disruptions ease by autumn. What in the last two years of Middle East history suggests that assumption is safe?

The System Has No Slack Left

The comfortable answer is that global markets always adjust. But adjustment requires slack, and the slack is gone. Global cereal production is expected to decline from last year’s records even before El Niño does its work. The UN World Food Programme, hardly a den of right-wing preppers, is calling this the most significant disruption to its supply chains since Covid and the invasion of Ukraine, and its supply chain director put the stakes bluntly.

Today’s supply chain challenges are tomorrow’s hunger crisis.

There is also a political dimension that markets cannot price. When food gets scarce, governments do not behave like economists. They behave like politicians. Export bans, hoarding mandates, and panic buying at the national level turned the modest rice shortfall of 2008 into a global crisis, and analysts are already warning that import-dependent nations are the first dominoes.

The 2015-16 Super El Niño, a far weaker event than what is now forecast, threw tens of millions into food stress across Africa and Asia. This one is projected to be stronger, and it arrives with fertilizer already rationed by price and shipping lanes already contested by missiles.

What Joseph Knew

Scripture does not treat preparation for lean years as faithlessness. It treats it as wisdom delivered in advance to those willing to act on it.

Behold, there come seven years of great plenty throughout all the land of Egypt: And there shall arise after them seven years of famine; and all the plenty shall be forgotten in the land of Egypt.

Joseph did not respond to that warning with a hashtag or a committee. He stored grain during the years of abundance, and when the famine came, Egypt stood while its neighbors begged. The lesson is not that famine is certain. It is that the time to prepare is precisely when preparation still looks optional.

Nobody who filled a pantry in a year of plenty has ever regretted it, and nobody standing in an empty aisle has ever been glad he waited for certainty.

None of this calls for panic, and panic is the enemy of sound judgment anyway. It calls for the same unglamorous prudence our grandparents considered ordinary. Keep some cash margin, know your local growers, and put real food in deep storage while it is cheap and available, because the entire arc of this story is that cheap and available is a closing window.

Families looking for a straightforward place to start can visit Heaven’s Harvest and use promo code Patriot for 15 percent off long-term storable food. The forecasts may yet soften, the strait may yet reopen, and we should pray they do. But hope is a fine thing to hold and a foolish thing to eat.

Tags: ApocalypseBunkersEnd of the American DreamEnd TimesJamie DimonJeff BezosLedeMark ZuckerbergTop Story
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