Sardinia, Italy
Billionaires are rebelling against a new fee for using Sardinian ports. The governor of Sardinia slapped a charge of nearly $20,000 per year to dock large yachts at the Italian island, and the rich are furious. Flavio Briatore, a playboy who manages a Formula One race-car team, hosted a Champagne-fueled party at the Billionaire nightclub, which he also owns, urging fellow yachtsmen to join him in boycotting the island. Briatore also took out several full-page newspaper ads, proclaiming that “entrepreneurs and tourists invest in places where they are welcomed with open arms, not a closed fist.”
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Music reviews: Bon Iver, Valerie June, and The WaterboysFeature "Sable, Fable," "Owls, Omens, and Oracles," "Life, Death, and Dennis Hopper"
-
Are bonds worth investing in?the explainer They can diversify your portfolio and tend to be a safer investment than stocks
-
Elon has his 'Legion.' How will Republicans encourage other Americans to have babies?Today's Big Question The pronatalist movement finds itself in power
