Share on Social Media:
The Top 5 Luxury Goods and Services that the Ultra-Rich Spend their Money on
| Luxury Good or Service | Annual Spend (by UHNWI) |
% Share of Luxury Market | |
|---|---|---|---|
| 1 | Travel & Hospitality | $45 billion | 22.5% |
| 2 | Automobiles | $40 billion | 8.9% |
| 3 | Art Jewlery & Watches |
$25 billion | 37.9% 35.2% |
| 4 | Private Aviation | $23 billion | 82.1% |
| 5 | Yachts | $22 billion | 88.0% |
Tags:
Business, Finance & Industry, People, Top 5 Richest, Brands & Consumer Products
Sources: Wealth-X: World Ultra Wealth Report 2013 - 2014
List Notes: Data is the top 5 luxury goods and/or services that Ultra High Net Worth Individuals (UHNWI) spend their money on. Figures are in U.S. dollars. Please note Art is tied with Jewlery & Watches at $25 billion dollars. Ultra High Net Worth Individuals are defined as persons with investable assets of at least US$30 million.
Sources: Wealth-X: World Ultra Wealth Report 2013 - 2014
List Notes: Data is the top 5 luxury goods and/or services that Ultra High Net Worth Individuals (UHNWI) spend their money on. Figures are in U.S. dollars. Please note Art is tied with Jewlery & Watches at $25 billion dollars. Ultra High Net Worth Individuals are defined as persons with investable assets of at least US$30 million.
