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For the world’s wealthiest tech moguls, the next frontier isn’t a new asset class—it’s urban sovereignty. Moving beyond traditional luxury investments, venture capitalists are partnering with governments in the Global South to establish autonomous zones. These projects feature high-end infrastructure and, crucially, independent legal frameworks that allow developers to set their own regulations.
This shift is driven by “dissatisfaction with current political systems,” says Mark Lutter of the Charter Cities Institute. Lutter’s non-profit argues that by creating cities with streamlined, superior governance, they can create economic engines capable of eradicating large-scale poverty.
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