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…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?


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.)

…Rolls-Royce is making a Phantom Drophead?

Rolls Royce

Start saving your pennies now, because the new Rolls-Royce Phantom Drophead Coupe is going to easily justify skipping a few meals to buy one. Loosely based on its Phantom big brother, the Drophead is more curvy and more sexy thanks to an all new body design that shares nothing with the sedan. Here’s just a few reasons to fall in love:

    1) Suicide doors. Lamborghini doors are commonplace now, residing on everything from a genuine Lamborghini to the Civic down the street. Suicide doors on the other hand have yet to catch on, though I’d have to say it’s not because they aren’t a great way to enter and exit a vehicle. Nothing says understated and classic luxury like suicide doors. They even open and close on their own if you can’t have your butler follow you around everywhere to do it for you.
    2) 6.75L V12 that makes 453 horsepower and 513 lb-ft of torque. Any car that weighs in at a hefty 5775 pounds but can still get to 60 mph in only 5.7 seconds deserves to have wings on the hood.

Rolls Royce Drophead

    3) Teak wood decking on the hard tonneau cover. Inspired by a J-class yacht, the teak wood is a design cue taken from any luxury yacht, and not only handles any weather you can throw at it, it also looks great in the process.
    4) The trunk is called a “picnic boot” by Rolls since there is a split opening that acts as a traditional trunklid, but there is also a folding tailgate, which acts as a bench and can support up to 330 lbs. if you decide to stop for a little wine and cheese on the way to your private jet.
    5) They named it a Drophead Coupe. Any other car manufacturer would have been satisfied by just calling it a convertible and calling it a day, but at Rolls, they aren’t just going to use the same names that every other plebeian car manufacturer uses. For them, it’s a Drophead, and I couldn’t agree more.

If you’ve got the cash, there’s no better way to spend it than to cruise down an oceanside stretch of road, wind rushing through your hair with the Drophead down, teak glistening in the sun, 453 horses singing you a song, and the knowledge that if all else fails, you can still sell it and buy a house. Be sure to check out the Rolls-Royce site for a beautiful video of the Drophead doing just what the Drophead was designed to do, stun.

[Rolls-Royce Motor Cars]

[Via: Autoblog]