Two weeks ago Gawker reported on actress Salma Hayek’s hacked e-mail account, which revealed details on her personal life. Salma Hayek is currently married to born billionaire François-Henri Pinault. Details of the e-mail revealed included her American Express Gold Card Replacement. Gawker editors even note that it’s not the “Centurion Card.” Having a gold card, does not disqualify or mean that she does not have a Centurion Card, because American Express will let you have both if you want (in the US you will have to pay fees for both cards). Marketing research by American Express Departures Magazine has shown that the Rich & Famous seek out unique life experiences and value in their credit cards. But the real question is, if your Salma Hayek or Chuck Bass, do you really need a Credit Card? Seemingly yes, but any unique experience or value a credit card could offer, would certainly be easier to obtain via your own team of assistants. So although most Billionaires (all 792 of them) don’t fly commercial, but they still need credit time to time.
According to a Forbes report in March, the list of billionaires, e.g. those with net worth >= $1 billion, is down to 793 people (that’s 30% less than last year).