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Money power and excess in public and private life
A column recounts lavish spending by public figures and symbols of wealth. Nancy Reagan’s purchases include jewelry, clothing, and gifts totaling tens of thousands, while Leona Helmsley’s luxury items and spending are highlighted. The piece questions overspending as a moral issue and notes a 1992 magazine estimate of billionaire wealth.
MENTIONED IN THIS ARTICLE
Tehran
Nancy Reagan
White House
Leona Helmsley
Ian Girdle
Blooming’s