Summer camp for billionaires - Sun Valley

The summer camp for billionaires has been held since 1983 at the "Sun Valley Resort".

Jun 28, 2022 - 12:07
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Summer camp for billionaires - Sun Valley

Every July, the investment bank Allen & Company organizes a traditional financial conference lasting about a week, to which the richest and most influential people in the world are invited, which is why it was nicknamed the summer camp for billionaires.

The summer camp for billionaires has been held since 1983 at the "Sun Valley Resort", which is located at an altitude of 1805 meters in Blaine County in the American state of Idaho. It is a famous ski destination surrounded by the Bald and Dollar mountains.

In the summer months, this place is ideal for hiking, golf, kayaking, cycling, and other similar activities. These activities are also on the list of participants in the summer camp, including attending lectures on financial issues, but also by concluding business contracts.

Due to the coronavirus pandemic, the camp was canceled for the first time in history in 2020, and in 2021 it was held under special circumstances. All those present had to be vaccinated and have a negative test for covid 19, and most of the events took place - outdoors.

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Only a few details about the conference are known because journalists have very limited access to the event and its guests during the summer camp. Most guests come to the Valley of the Sun by private plane, stay in a luxury resort, and have famous chefs who fly to the city just to prepare their meals as they wish.

Last year, Forbes counted at least 25 billionaires in the summer camp - from Mark Zuckerberg and Bill Gates to Warren Buffett and Michael Dell - who together own about 825 billion dollars.

By the way, Idaho is a wonderful place for family vacations, especially if you are looking for a few days of recreation and relaxation. This place is worth visiting for a short weekend getaway, it is extremely suitable for an extended vacation when you really want to get away from everything. The recreation and activities available at these destinations can be enjoyed in a modest campground or in a world-class hotel resort, making Idaho a viable choice for any budget.

The northern part of Idaho, also known as the Panhandle, is packed with activities and attractions that will attract different tastes. Lake Coeur d'Alene and Lake Pend Oreille are significant draws, each accompanied by a community that specializes in hospitality. Even more lakes, as well as rivers, mountains, and forests in the region, provide all kinds of outdoor recreation. There are scenic rides, a wildlife sanctuary, Silverwood Theme Park, annual mountain resorts, world golf, unique shops and galleries, wineries, and interesting historical sites.

Post by: Rinna James