Hectomillionaire

There are, of course, many less idealistic conservatives: the millionaires and hectomillionaires who support conservatism in the hope that it will keep their taxes down and their profits up; […]

The largest private donor was apparently Eric Ertman, husband of Margaret Behn, the heiress daughter of the late hectomillionaire Sosthenes Behn, founder of International Telephone and Telegraph (ITT).

It has also revived its special edition, Billionaire — which seems to be pitching itself a little below its ostensible audience. The most recent issue stooped to put mere deca- and hectomillionaires, including Tiger Woods and Michael Jordan, on the cover.

“Each year there is an annual meeting on an island in the Caribbean owned by the club. There, the hectomillionaires meet to discuss new business ventures, many involving exclusive monopolies from mineral-rich nation states.” […] “We have 20 people around the world. They are all hectomillionaires ($100 million at least), but none have more than $10 billion. […] Each hectomillionaire would go to a private room where he or she would place the yes in one of the envelopes and the nos in the other envelopes. Then the hectomillionaire would place one envelope in each mailbox, putting the one with a yes in the mailbox corresponding to his or her wealth.” […] Her method not only revealed the wealth of the poorest and richest hectomillionaires, but also the sizes of the poorest and richest subgroups.

Rich’s financial schemes became the model for many of the later Soviet “reformers,” who eventually squeezed him out and went on to become the hectomillionaire and billionaire oligarchs we know today.

What about Jon Corzine? Why should he tolerate them? Why on earth has the bearded and becardiganed hectomillionaire chosen to submit himself to playing the game at such a small level?