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Forbes Daily Briefing

How The Ultra-Wealthy Are Protecting Themselves Against Arson Attacks, Kidnapping And Worse

Forbes Daily Briefing

Forbes

Careers, Business, News, Entrepreneurship

4.612 Ratings

🗓️ 12 May 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

As resentment of the rich and powerful surges, billionaires and CEOs are using everything from secret trackers to full security squads to protect themselves and their families.

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Transcript

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0:00.0

Here's your Forbes Daily Briefing for Monday, May 12th.

0:05.0

Today on Forbes, how the ultra wealthy are protecting themselves against arson attacks,

0:11.0

kidnapping, and worse.

0:13.0

Billionaires are more concerned than ever about the safety of themselves and their families.

0:19.0

Tension spiked after the fatal shooting of United Healthcare CEO Brian Thompson in December.

0:24.7

Then came the January kidnapping of French cryptocurrency founder David Balland,

0:29.5

who was held for ransom for two days while assailants mutilated his hand,

0:34.1

followed by an April arson attack on the home of billionaire Steve Sarowitz by a suspect who also

0:39.4

made ransom and kidnapping threats, according to prosecutors.

0:43.6

These assaults have come as resentment toward the rich and powerful, increases amid wealth

0:48.5

inequality, overseas wars, and hyper-polarized politics.

0:53.4

A recent Emerson survey, for instance, reported that 41%

0:57.2

of voters aged 18 to 29 believe Luigi Mangione's alleged murder of Thompson was, quote,

1:03.9

acceptable. Mangione has pleaded not guilty. Risk management company Nisos found that online threats against CEOs increased 41%

1:14.2

as well in the six weeks following the shooting. All of this has led the nation's wealthiest people

1:20.5

and the companies that employ them to seek out personal security at increased rates over the past

1:25.6

few months. 13 firms tell Forbes.

1:29.0

Five companies said the number of inquiries for their services was among the highest ever,

1:33.2

while four said it was the highest.

1:35.8

Allied Universal, the biggest provider of private security guards in the world,

1:40.0

says it's getting 1,500 percent more threat assessment requests than this time last year.

1:46.2

James Hamilton, a consultant at Gavin DeBacker and founder of Hamilton Security Group, says,

...

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