NEW YORK – Rebuilding the Gulf Coast in the wake of the Hurricane Katrina disaster is causing a transformation of the fiscal environment and a redistribution of wealth, according to a cover story in the latest issue of Worth, the nation’s only high-end consumer magazine dedicated to the management, preservation and transference of substantial wealth.

Now on newsstands, Worth’s March issue examines the true economic effects of Katrina and other recent natural disasters, and the impact that a multi-billion dollar taxpayer-funded “reconstruction” will have on the nation’s wealthiest citizens.

“Indeed, a new precedent is now in place,” explains Editor-in-Chief Dwight Cass. “The United States Government will now rescue and financially compensate any and all citizens impacted by disaster.  This is the ‘new face of wealth’ in America.”

Conveyed in a pair of feature articles by staff writer Elizabeth Harris, Worth reveals both the opportunities and liabilities associated with this “New New Deal,” with a detailed look on how they impact public policy, business and philanthropy.

Worth magazine
Worth is the only magazine devoted exclusively to the best interests and unique challenges of readers who posses substantial wealth.  Each issue offers astute and unbiased reports on such complex subjects as estate planning, private banking, philanthropy, trusts, entrepreneurship, and investment opportunities – topics crucial to the continued well-being off affluent families and individuals.  Worth also examines a rich variety of “passion investments,” including vintage cars, private aircraft, yachts, watches, jewelry, real estate, wine, art and antiques.

MEDIA CONTACT
Jeff Perlman
Vice President, Corporate Communications
(310) 589-7780
jeffp@curtco.com