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Luxury cars are driving everyone crazy. They are the most well-bought luxury goods

The luxury market is worth $ 1.1 trillion worth: this is how the super rich spend their money

Home life Luxury cars are driving everyone crazy. They are the most well-bought luxury goods
Luxury cars are driving everyone crazy. They are the most well-bought luxury goods

It's a problem everyone would like to have: how do you spend money when you don't have the time for it? From the point of view of the super-rich, one must admit that the theme is just there. A way to solve it simply is: don't think you have to do it. Just do it, without restraint. And numbers confirm they do it for real: in 2014 the value of luxury goods, from cars to yachts, was $ 1.1 trillion, that is, written in figures: 1.100.000.000.000 dollars, according to data put together by Statista.com, sourced from The Economist, Bloomberg and Bain-Altagamma. 


Okay: if the cake to be spent is one thousand and one hundred billion dollars, which luxury good gets the bigger slice? There is no story here: the largest slice, equal to 43.45% of the total, goes to luxury cars. The super rich have spent something like 438 billion.
The second largest slice is made of personal luxury goods - jewelry, clothes, perfumes, accessories - for which 278 billion were spent. The third item of expenditure is hotels, a market worth 187 billion. Then food comes only with fourth place, with $ 48.6 billion spent in starred restaurants. But don't be scared, nobody starved: at a quick rate we see that it is $ 133.150.685 a day, and if we split the figure for the number of super rich people on the Planet (in 2014 they were 2.325, according to the "Wealth- X and UBS Billionaire Census 2014") we find that each of them spent $ 57.269 a day just to eat. 

It is curious that there are no apartments or villas in the ranking (although in the third place we find furniture, a 22.4 billion sector): could it be that the brick is considered "cheap"? It is also surprising that means of transport such as private jets and yachts, opulence symbols are in the last positions (but not the last place, occupied by cruises): for them in 2014, respectively, 23.7 and 8.7 billion were spent: "specks", compared to the monster figure of luxury cars. Perhaps because they are more challenging, and much harder to park.

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