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…DYH is going to Vegas?

From now until Sunday, I’m heading to Vegas to cover the 2007 SEMA show. There will be a few posts going live while I’m gone, but look for the full goodness to return on Monday.

Vegas Baby!

[SEMA]

…The 2-20 Club is no longer a secret?

2-20 Club Logo

Lost track of how many zeros are at the end of the numbers in your bank account?

Forgot that bills come in sizes smaller then one hundred?

Mastered the universe?

Then you may get offered admission into one of the world’s most exclusive (and expensive) clubs.

How exclusive?

Membership is capped at 20, and only 11 members have made the cut so far.

How expensive?

Try £100,000 up front, followed by £1,000,000 per year just to retain your membership.

So what does that kind of cash buy you?

How about yachts (they’ve got two hundred-footers), helicopters (they’ve got a pair), jets (they’ve got four, including a Gulfstream G5), and more?

More?

Well since you asked: Five star travel, a Bugatti Veyron, a collection of exotic autos, private islands, and access to just about any club or event that you can imagine (think anything Vegas, sporting events, award shows, parties and more).

Plus, there’s a team of researchers, operations managers, logistic managers, transport managers, global operations managers, account managers, asset managers, and consultants on hand at all times to meet your every need.

Not enough?

Then check out what you get when the paperwork finally clears:

2-20 Club Partner Pack

The membership card and the box are made form aerospace grade titanium, the box is covered in Japanese urushi lacquer, and the Centre of Membership tag features metal crafted form a decommissioned space rocket.

Ready to join?

Not so fast. Members must first be nominated by a current member, then seconded, then interviewed before even being considered for a spot.

So what’s this all about then?

Called the 2-20 Club, it’s an asset and contact sharing partnership for the best of the best hedge fund managers around the world, often known simply as ‘Masters of the Universe’.

What does it take to become a master?

Cash, and lots of it.

The name 2-20 comes from the source of that cash, as 2 and 20 is the standard fee arrangement in the hedge fund industry. Managers make 2 percent of assets under their control, and 20 percent of profits after a predetermined benchmark has been met.

If that sounds like a lot of dough, then you’re right, because it is.

With top managers making profits in the billions, 20 percent adds up quickly, and you’ll soon find yourself on a Forbes list spending Franklins like he’s going out of style. (Combined assets of the group are an estimated quarter of a trillion dollars!)

But here’s the thing: You shouldn’t even know about the 2-20 Club.

That’s because until recently, the club was a secret society, carefully shielded from the curious eyes of the world around it.

Why then, are you hearing about it now?

Well, unfortunately for the club, one potential inductee had already wired his £1,000,000 fee when a party that he was hosting on one of the club’s yachts got a little out of hand, and the six figure damage that he caused was not looked kindly upon by current members. (Estimates of the damage are in excess of £650,000.) The club decided to revoke his membership, and he decided to reveal the club to the general public.

Rather then let him run rampant with the story, twisting it into his own version of the truth, 2-20 contacted DYH and decided to break the story first.

So here it is; the world’s first sneak peak into the lives of the super rich.

Ready to join? Then have that black American Express card waiting, because a chance like this doesn’t come around often. (Or, for most people, ever.)


…It’s Movie Monday: Chris Angel Go-Kart Vanish?

Magicians are the smoke and mirror masters of deception. Typically, there are two types of magicians: the ones that perform at birthday parties and bar mitzvahs, and the ones that perform in Vegas and on TV. Chris Angel is definitely one of the latter, and has made quite a successful career out of fooling people into believing. One downside to a television career though, is that TV can be slowed down and analyzed (thanks TIVO). A perfect example of this is Angel’s go-cart vanishing trick:

Looks good right?

Chris Angel Go-Kart Vanish

But what about when you slow it down? Unfortunately for Chris, the frame by frame reveals his ‘secret’, which is just an optical illusion that allows him to drive behind instead of into a wall. Tricky, huh?

[Chris Angel Exposed – The Go-Kart Vanish]

[Via: Digg]

…Your bar needs tools?

Bar Tools

Pimping out your bar, but not sure what you should get? The Bachelor Guy asked Tony Abou-Ganim, creator of the cocktail program at the Bellagio in Vegas, and producer of the instructional DVD Modern Mixology, to come up with a list of what the average guy should have at a home bar.

The 15 essential tools that Tony came up with should have you shaking and stirring anything from a simple gin and tonic to a dreaded Cosmo, and everything can be bought for under $75 (if you skip the silver plating). It’s drinking time!

[The Bachelor Guy – 15 Essential Tools For Your Home Bar]