No special treatment for Milken billionaires

The Milken Institute's annual Global Conference in Los Angeles is on again this week, and there's as much star power as ever, from former U.K. Prime Minister Tony Blair to Rwandan President Paul Kagame to pop singer Akon.

There are so many big names at "Davos with palm trees," in fact, that billionaires don't automatically get VIP treatment.

On Monday morning, for example, billionaire hedge fund manager Steve Cohen was forced to wait on line for the men's room, which was several minutes long given the high amount of males at the conference.