Author Robert Frank discusses his book, Richistan, in which he argues that a new class of wealthy individuals are spending differently than traditional blue-blood millionaires. He describes life in an insulated world of wealth he calls "Richistan," where everything is bigger, and conspicuous consumption is the goal.
Robert Frank, author, Richistan: A Journey Through the American Wealth Boom and the Lives of the New Rich; writes the "Wealth Report" column for The Wall Street Journal
Copyright 2023 NPR. To see more, visit https://www.npr.org.