SHHHHHH! The desire to be part of the “in crowd” doesn’t stop with high school. Forbes writes about a new wave of members-only clubs. Besides the well-known Soho House and the black American Express card, the most intriguing one is Quintessentially, which can be described as an all around life VIP pass.

From the Quintessentially website: “Focused on ‘accessing the inaccessible’, we aim to make life that much easier, that much richer and that much more fun.” … Because it’s actually quite hard to be ultra rich and live an easy life.

~~~~~~~~~THAT CLOTH’S FOR YOU: For $25,000, you can have a designer suit with your name on it. In yet another piece of ultra wealthy news that brings to mind grade school, designers like Armani, Jil Sander and Tom Ford are entering the bespoke wars with hand crafted suits ranging from $2,500 to $25,000 for that “peacock male,” reports Bloomberg. The Armani suits will have a label that says “Giorgio Armani for (your name here)” while the Sander suits will feature a separate tag with your name lest you lose it.
~~~~~~~~~MY KID IS ON THE HONOR ROLL…: Bloomberg Markets writes about how parents are spending more than 46 times what parents spend in the rest of the country for private tutors for their kids (from $125 to nearly $700 per hour). The funny thing about all of this is that at least one of the tutoring schools featured in the pub was started by ex-Ivy Leaguers (one a former i-banker at DLJ and another an ex-McKinsey consultant/HBS grad). That’s because you want to work really really hard to get your kid into a good high school, then a good college, then a prestigious job at a bank or consulting firm, then perhaps a great business school … all so that they start a firm to help others repeat the process. If I’m not mistaken that sounds very similar to a pyramid scheme.

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WISCONSIN V. HARVARD: More depressing news that your elite school degree may not be worth all that much. Harvard tops the ivies when it comes to CEOs, but more CEOs graduated from Univ of Wisconsin than Harvard, reports the WSJ. But the Journal rightly points out that many Ivy Leaguers choose the path of insta big bucks (i banks etc) over scaling the corporate ladder. And for those of you who will be rejected by HBS this spring, take heart: Warren Buffett (who attended Wharton for two years, but then transferred back to Nebraska) was also rejected for being too young.