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Rich Americans Are Increasingly Looking for Second Passports

  • Coronavirus, election results are helping drive the interest
  • Eric Schmidt recently applied to become a Cyprus citizen
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Photographer: Amir Makar/AFP/Getty Images

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Eric Schmidt acquired all the typical trappings of a mega-rich U.S. citizen: a superyacht, a Gulfstream jet, a Manhattan penthouse.

One of his newest assets is far less conventional: a second passport.