Sun Valley 2021’s gilded guest list includes at least 25 billionaires, worth some $825 billion.
The summer vacation is back, with airline ticket sales strengthening and airport traffic recovering to pre-pandemic levels. That goes for those flying private too.
This week, a subset of America’s richest people descended upon Sun Valley, Idaho following the July 4 holiday for investment bank Allen & Co.’s annual conference—known as “summer camp for billionaires”—for the first large gathering of the ultra-wealthy since the 2020 World Economic Forum, held in Davos, Switzerland just before the world went into lockdown.
At least 25 billionaires—worth a collective $825 billion, by Forbes’ count—attended the conference, which was canceled last year amid the pandemic, for a week of fun in the sun and backroom dealings.