The Rich Man's Michael Moore

Why an Heir Continues to Document -- and Anger -- the Wealthy

By Robert Frank
Wall Street Journal, February 23, 2008; Page W1

Jamie Johnson, heir to the Johnson & Johnson fortune, used to be an
accepted member of the New York elite, with a trust fund, a top
education and loads of old-money friends. Now, thanks to his film
career, he's not as welcome.

"I'll walk into a social event where there are a number of people who I
grew up with and they'll treat me apprehensively," says Mr. Johnson, 28.

His relationship with his family, especially his father, has also
cooled. "There was a sense that 'If you go too far with these [films],
you won't be welcome in your own home,'" he says.

Mr. Johnson is getting used to being an outcast among the upper class.
After the 2003 release of his first film, "Born Rich," which looked at
the lives of the silver-spoon set, and now his second, "The One
Percent," which focuses on the American wealth gap, Mr. Johnson has
become the rich man's Michael Moore -- a trust-fund populist who's not
afraid to attack the wealthy and powerful. While his wealth has helped
him gain access to the people he's filming, it's also carried personal
costs. He has learned the hard way that the biggest betrayal for the
rich is to talk publicly about their riches.

"I think most wealthy people want to live with this myth of equal
opportunity and equality in this country," he says. "I don't think they
want to question their right to this wealth."

The films have generated their share of controversy. "Born Rich," which
featured several of Mr. Johnson's childhood friends talking about
everything from drugs to prenuptial agreements, sparked a lawsuit and
accusations from a few of his friends that Mr. Johnson portrayed them
unfairly.

"The One Percent," which is running on Cinemax until April 1, has
spawned its own mini scandal. After Warren Buffett's adopted
granddaughter, Nicole Buffett, spoke to Mr. Johnson on camera about her
views on money, Mr. Buffett sent her a letter stating that she was not
legally his granddaughter.

Jamie Johnson, the Johnson & Johnson heir who famously exposed the lives
of rich kids in America with his 2003 documentary "Born Rich," is once
again turning the cameras on his own kind. See a clip from his new film,
"The One Percent."

The most personal casualty of Mr. Johnson's cinematic class crusade is
his relationship with his father, James Loring Johnson. Jamie Johnson is
the great-grandson of J&J's founder. After three generations of family
scandal and feuds, Jamie's father turned to a quiet life of reading and
painting landscapes. Throughout "Born Rich," Jamie pursued his dad,
Roger-and-me-style, asking him about the family's wealth. His father,
adhering to old-money codes of conduct, demurred.

Yet while making "The One Percent," Jamie made a surprising discovery.
Decades earlier, his father had helped fund a documentary about
apartheid and economic unfairness in South Africa. His father refused to
talk about the film, although Jamie learned about it from his mother and
got a copy. His mother told him that his father was reprimanded for the
film by Johnson & Johnson and by members of his family. His father never
made another film.

"The fact that a reprimand was all it took to completely push him off
that path says something about how fearful he must have been," Jamie says.

"It is true that I did have strong feelings about the injustices of
apartheid," says the elder Johnson. "But it was complicated with the
company and it was a different time and, you know, this is uncomfortable."

Robert Frank discusses2 Jamie Johnson's documentaries and what effect
they have had on his personal life.

The conflicts play out in "The One Percent," as Jamie follows his father
from the croquet court to family meetings asking about the film and his
family's wealth. His father tries to answer his questions on several
occasions, but eventually gives up, walking out of one interview with
his head in his hands saying, "I can't take any more. It's too much for me."

Brian McNally, the Johnson family's financial adviser, chastises Jamie
on camera for his behavior.

"You're behaving like a little arrogant trustafarian," he tells him.

Milton Friedman, the famed economist, was equally impatient with Mr.
Johnson's questioning. During his on-air interview -- among Mr.
Friedman's last before he died -- he accuses Mr. Johnson of advocating
socialism and abruptly ends their talk.

Mr. Johnson insists he's not opposed to wealth -- including his own.
Wealth, he says, has given him a great education, freedom, chances to
travel and, best of all, the resources to do films about wealth. He says
that while his documentaries are profitable, they wouldn't pay for his
lifestyle.

Yet with "The One Percent," Mr. Johnson wanted to show how the rich have
gone too far. Through interviews with economists, policy experts and
environmentalists, Mr. Johnson argues that today's wealthy have become
an increasingly isolated elite. He says rather than using their wealth
for good, they have used it to restructure the economy, lower their
taxes, cut social programs for the middle and lower classes, and amass
ever more wealth.

Mr. Johnson says finding willing subjects for "The One Percent" was
difficult, and not just because of his reputation. He sent out more than
100 letters to wealthy people asking for interviews and most said no or
failed to reply. Even George Soros, the billionaire financier who often
argues against inequality, refused.

"We have an aristocracy in this country that has convinced everybody
else that they don't exist," Mr. Johnson says.

<clip>

http://online.wsj.com/article/SB120371859381786725.html


_______________________________________________
pen-l mailing list
[email protected]
https://lists.csuchico.edu/mailman/listinfo/pen-l

Reply via email to