The Billionaire Next Door

New Yorker's Jessica Pressler talks to billionaire Jeff Greene, who has an almost sanguine take on America's class warfare.

It’s strange to imagine someone like Greene, who counts Mike Tyson as a close friend, and who has a streak that caused the L.A. party girls to refer to him as “Mean Jeff Greene,” feeling vulnerable. It’s hard to think of any superrich person as vulnerable, just as it’s hard to think that a bear with outstretched claws and giant teeth is more afraid than you are. But over the past few months, it’s become clear that rich people are very, very afraid. Sometimes it feels like this was the main accomplishment of Occupy Wall Street: a whole lot of tightened sphincters. It’s not a stretch to say many residents of Park Avenue harbor vivid fears of a populist revolt like the one seen in The Dark Knight Rises, in which they cower miserably under their sideboards while ragged hordes plunder the silver.

“This is my fear, and it’s a real, legitimate fear,” Greene says, revving up the engine. “You have this huge, huge class of people who are impoverished. If we keep doing what we’re doing, we will build a class of poor people that will take over this country, and the country will not look like what it does today. It will be a different economy, rights, all that stuff will be different.”

More often than not, fears like these manifest as loathing for the current administration, as evidenced by the recent wave of Romney fund-raisers in the Hamptons. “Obama wants to take my money and give it to do-nothing animals,” one matron blurted at a recent party at the Pierre for Dick Morris’s Screwed!, the latest entry into a growing pile of socioeconomic snuff porn geared toward this audience.

Greene, a registered Democrat, isn’t buying this school of thought. “It is kind of a problem in America that so many Americans believe if they elect a different president, everything is going to be fine. This whole idea of American exceptionalism, that we’re the greatest, when people don’t have health insurance, don’t have housing,” he says, swinging past the guesthouse, which has 360-degree views of the bay, and the staff house, which does not. “There are all these people in this country who are just not participating in the American Dream at all,” he says. This makes him uncomfortable, not least because they might try to take a piece of his. “Right now, for some bizarre reason, a lot of these people are supporting Republicans who want to cut taxes on the wealthy,” he says. “At some point, if we keep doing this, their numbers are going to keep swelling, it won’t be an Obama or a Romney. It will be a ­Hollande. A Chávez.”

Greene's not so far off the mark, I'm thinking.  America's only going to put up with this crap for so long before Something Will Have To Be Done, and when that happens, it's going to get ugly. I'm thinking that a Romney administration would absolutely make that happen before the end of his first term.

Here's hoping for Obama, of course.