US NewsLuxury Shelters for the End of the WorldCNBC.com | May 20, 2011 | 03:18 PM EDT
It’s a modern day Noah’s arc, a luxury shelter fully equipped with everything from an entertainment theater to an exercise room. If you can fork up between $25,000 to $50,000, this could be your home away from home should disaster strike.
Robert Vicino says business is booming. His company, The Vivos Group, is in the process of building seven shelters around the country and one in Europe that is expected to be the size of Wal-mart [ WMT 55.29 -0.19 (-0.34%) ].
“Our goal is to accommodate 6000 people worldwide by 2012,” he tells CNBC. “That’s only one in one million people so we’re not even scratching the surface with the potential here.”
(Video: CNBC’s Darren Rovell reports from a luxury bunker at an “undisclosed” location in Indiana.)
The shelters are buried 25 to 50 feet below the earth’s surface so they can withstand a 50 megaton nuclear blast within a 10 mile radius, biological and chemical attack, earthquakes and tsunamis.
Sites are chosen based on many factors including proximity to a major population and distance to natural resources but secrecy is crucial to the business.
Exact locations of the shelters are known only by each shelters co-owners as they want to avoid riots and stampedes to the sites should a disaster occur.