""It's about curation. It's not just, 'I can afford it, therefore I get in.' We do our homework and we look at what we have," he said. "It's a bit like being a cocktail barman - enough citrus and enough liquor.""
"Standard members pay a $5,000 one-time fee to join and $5,000 annually. As of July, the cost for invite-only founding members is $125,000 to join and $25,000 each year."
Ned's Club in DC offers a modern alternative to traditional clubs by emphasizing curation in its membership selection. The club requires a one-time fee of $5,000 for standard members and $125,000 for founding members, with annual fees for both. Despite high costs, membership interest has surged since the club's opening. A committee consisting of 20 to 25 diverse members assists in vetting applicants, representing various industries and demographics to ensure a rich tapestry of its membership base.
Read at Business Insider
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