In the 80s, there was a show called “Lifestyles of the Rich and Famous.” Hosted by the toad-like Robin Leach, viewers got an inside look at movie stars and athletes. The rich people showed off their mansions and fancy cars, portraying lives filled with ease and buttery leather seat covers. He often ended the show dancing a yacht with a glass of bubbly and wishing viewers “champagne wishes and caviar dreams.”
Today, we don’t need televisions shows to get a glimpse at extreme wealth. The rich post pictures of themselves on private jets and in Paris apartments on Instagram. And we have divorce proceedings to give us exact figures about how much money it takes to maintain those their frizz-free hair and to mind their children.
We’ll soon have the download on the Bezos who are getting divorced. And there are similarly rich couples, like Mugrabi’s, who aren’t necessarily household names, but are making headlines for their divorce proceedings.
$800 bottles of wine, multiple homes filled with Warhols and Koons’s, vacations to St. Bart’s was just an average day in the Mugrabi’s home.
Ms. Mugrabi’s expensive tastes have emerged as a central issue in the divorce. She scoffed at tabloid reports that she is scraping by on $25,000 a month in support payments. The actual amount, she said, is $200,000 a month, though that is less than the $3 million a year that she was accustomed to spending, on things like flowers ($400 a week) and household staff ($450,000 a year).
She went to the salon daily to have her hair perfectly molded and upgraded her wardrobe weekly with the latest haute couture.
The tricky part about this divorce is that much of the assets are on canvases and crafted with oil paints, so it’s hard to put a dollar amount on their actual wealth. Also, there is a question of how much she contributed to the wealth of their art business. And how much does a person, even a super rich person, need for basic maintenance. All this is being hammered away in the courts right now.
Reading articles like this one in the New York Times, does not fill me with envy. The Mugrabi’s don’t seem to have the easy, happy lifestyle that Leach portrayed in the 1980s. I can’t imagine a worse hell than having to go to the hair salon every day to have my curly hair yanked straight. Managing a staff to keep multiple homes spotless and to mind entitled, neglected children sounds stressful. Surrounded by beautiful paintings that are simply assets, rather than objects of wonder, is shallow. And there’s apparently a danger of finding your husband passed out on top of a naked woman, after a blow-out party in one of your mansions. I have no interest in that world.
We currently have a president who was the king of the Stacy Leach world in the 1980s. Nobody wants a part of his gold covered world. His model wife looks unhappy and mean. Instead, people are rallying around a skinny girl representing a district in the Bronx, who knows how to use a pressure cooker and shops at TJ Maxx.
There’s two kinds of populism. There’s the kind that elected the rich guy, and there’s the kind that elected the poor girl. It will be interesting to see which one wins out.