[Americana:] The mega-rich are flocking to Washington DC
Opinion US companies The mega-rich are flocking to Washington DC Its wealthy suburbs are a draw for those seeking proximity to the Trump administration’s decision makers Joe Miller Financial Times Published 10 hours ago [1/12/26 3:50 PM] The banks of the Potomac River were largely undeveloped wilderness when the company that became wine merchants Berry Bros & Rudd was incorporated in London more than 325 years ago. The American capital that sprang up in its place, with its import duties, prohibition and lack of both rainmakers and tastemakers, was hardly a more inviting commercial prospect. Yet Washington DC is where Berry Bros chose to open its first US branch, a glass-panelled corner shop mere steps away from the White House (and perilously close to the FT’s bureau). Favourable local regulations for importers were a factor but, as Jamie Ritchie, the mild-mannered British Sotheby’s alumnus opening Berry Bros’ American arm, told me, DC’s...
