Billionaires converged in the Hamptons for a socially distanced 1640 Society Family Office Wealth Forum limited to 70 people. The Forum was held outdoors under a tent in Southampton, with all guests required to wear masks, socially distance as well as have random temperature checks. Most of the guests own private planes so could easily fly in safely for the Forum. Participation in the network is by invitation only and includes some of the most prominent family members, heirs and high net worth investors from across the globe including Asia, Mid East, Europe & Latin America, as members of its exchange. The 1640 Society annual private meeting is an exclusive invitation-only event that brings together leading family members, family offices, and wealthy leaders from around the globe for a closed door private discussion about issues affecting the global elite and top one percent. Due to the pandemic this year’s Forum had only several international families with most of the guests from the USA.
The Forum was shortened to a half a day, with leading CIO’s comparing asset allocation strategies, several billionaires discussing philanthropy, families speaking about buying islands in the Caribbean, the heads of Lenox Hill Hospital giving an outlook on the coronavirus pandemic and billionaire Brock Pierce speaking about politics and his run for President of the United States, with girlfriend Libby Mugrabi who’s settling her once-bitter divorce with billionaire art scion David Mugrabi by his side. Entrepreneur Dr Nicholas Perricone led a health and wellness panel enlightening guests with an astute investor talking about the Oura ring that when worn can monitor your health via software, as well as the CEO of ChromaDex speaking about defying the aging process, as well as gifting all guests with the valuable TRU NIAGEN® dietary supplement that promotes healthy aging and combats daily stress on your body. The Forum wrapped up with powerful panelists Jim McCann, Chairman of 1800 Flowers, Anthony Scaramucci, Founder Skybridge Capital and legendary venture capitalist Tim Draper sharing the stage.
The day ended with emerging pop jazz singer Kait Kinley performing as well as up and coming country singer Sirena Carey belting out her latest hits for over an hour while guests mingled over cocktails.
With some of the most influential families in the Hamptons attending, not all high net worth families who applied to the forum got admittance. The 1640 Society runs the forum like a country club and so there is a rigorous approval process, with only two hundred families getting approved to join on an annual basis. Families who got past the ultimate selection process included leading names like the Pitcairns, Kennedy’s, Bush, Firestone’s, Ford’s, Rockefeller’s, Bronfman’s, Kettering, Getty’s, Kluge, Pritzker’s, Johnson’s, Heinz, Hunt’s, Musk (co-founder of PayPal), along with international magnets like the Mittal family from India and the Pears families from Europe.