People Don't Dream of Utopian Cities in the Desert in Bear Markets

MSN: Walmart Billionaire Marc Lore Is Planning a $500 Billion “City of the Future”

While other billionaires are jockeying to get into space, Marc Lore has his eyes on planet Earth: The former Walmart exec has announced plans to create a new utopian city in the American desert, featuring self-driving cars and energy-efficient skyscrapers.

Telosa—named after the Greek word telos, meaning “higher purpose”—comes with a $500 billion price tag but would eventually house some five million people over the next 30 years.

In 20 years, people like Marc Lore will be happy to have survived the Fourth Turning.