Wealth Culture
Why London-Style Private Member Clubs Are Spreading Around the Globe
The virtuous cycle of social capital meets real estate speculation.
Illustration by Ping Zhu
To the uninitiated, the block of 18th century town houses in London’s Shepherd Market doesn’t look like much. But behind the maroon doors and Georgian façade lies 5 Hertford Street, one of London’s most fabled—and secretive—members clubs.
Inside are private dining rooms with roaring fires, a bar encrusted with seashells, and a cigar shop featuring a custom walk-in humidor where Davidoff Dom Perignon and other rare stogies are available.