Heirs to an iconic fortune sought out a wealth manager who would assuage their progressive consciences. Now their dispute is exposing dynastic secrets. Illustration by Cristiana Couceiro; Source photographs from Getty The Getty name was to postwar Americans what Musk and Bezos might be in our time. It was “a reigning symbol of what money can do,” Evan Osnos writes in this week’s issue, in a stunning reported piece that reveals the financial secrets of one of America’s wealthiest families. Osnos examines a legal battle between the granddaughters of the oil tycoon J. Paul Getty and their former financial manager, Marlena Sonn, who, for nearly eight years, “served the Getty sisters as an adviser and a confidante, until the relationship underwent a spectacular rupture.” Along the way, Osnos provides a clear explanation of some of the complex techniques being used during the current “golden age of élite tax avoidance,” and explores the careful dance that the richest of the rich perform to avoid the appearance of having any income at all. The piece—filled with vivid details, including the story of a kidnapping and a severed ear, and parting messages between one of the Getty granddaughters and Sonn that went from “I love you” to “I now don’t trust you in any regard”—paints a troubling portrait of wealth and society today. Osnos asks, “What motivates those who already have so much to strategize so hard to have a little more?” Support The New Yorker’s award-winning journalism. Subscribe today » |
No comments:
Post a Comment