Even before Facebook goes public, Silicon Valley is buzzing in anticipation of the “instant millionaires” that may soon be looking for ways to spend their wealth.

Eight years after Mark Zuckerberg founded the company in Harvard, the stock market debut is expected to value the social media giant at as much as $100 billion.

While Zuckerberg and other longtime staffers stand to benefit the most, the initial public offering, which is expected as early as Wednesday, could also make millionaires out of much of the company’s rank-and-file.

Miami’s most exclusive enclave, Fisher Island is still America’s number one “Millionaire Capitol” according to Forbes‘ calculations.

Forbes.com combed through IRS data and ranked zip codes by the average income of those who make at least $200,000 a year.

They then estimated the average net-worth for people making over $200,000 a year. Fisher Island came in first place by a large margin.

Warren Buffet wrote in an editorial to the New York Times that was published Sunday that he wants to pay more taxes and thinks his mega-rich friends should too.

“While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks,” Buffet said in the editorial.

“These and other blessings are showered upon us by legislators in Washington who feel compelled to protect us, much as if we were spotted owls or some other endangered species. It’s nice to have friends in high places.”

The Destruction Company is a member only club that offers its rich clients the unique chance to smash anything they desire with any weapons they choose.

Members can pick from a list of objects to smash – including furniture, televisions, guitars, fax machines, motorcycles, lap tops and pottery.

Members can also request a particular item they want to destroy – including luxury cars and pianos - which they pay to have brought in.

Leona Helmsley’s pampered pooch “Trouble,” who inherited $12 million from the real estate mogul, has died at the age of 12.

Helmsley bought the beloved pet for comfort after the death of her husband, billionaire hotelier Harry Helmsley.

The pampered pooch had led a life of luxury after her owner purchased her at a New York City pet shop and chauffeured her around in a stretch limo.

Luxury-brand awareness is growing among China’s super rich, who recognize 20% more of the lavish brands than they did last year, according to the Hurun Report.

The 2011 Best of The Best Survey, which interviewed 401 Chinese mainland millionaires, each with assets of more than 10 million yuan ($1.5 million), said the super rich in China are developing more sophisticated tastes in luxury products.

“Chinese entrepreneurs are getting more and more sophisticated, discerning and confident in their personal style, and what they aspire to, as they try to turn new money into old money,” said Rupert Hoogewerf, founder of the Hurun Report.