What The Rich Are Buying Today Will Totally Surprise You: Top 10 List Reveals Big Lifestyle Changes
/For the rich, shark cage diving in Africa is replacing buying expensive handbags and clothes.
Won the lottery? Forget the flash cars and jewelry... the world's spending trend for the super-rich is now experiences.
And that includes extreme holidays, gourmet dining and art auctions.
Whether that means diving with sharks, private airline flights, luxury slimming clinics, Antarctic expeditions, bespoke safaris and 5-star hospitals, the wealthy are concentrating their spending on unique experiences - often with a hint of danger.
A report by the Boston Consulting Group shows that the world's millionaires are spending on the kind of things that money usually can't buy.
"They already have the luxury toys... the cars and the jewellery," said BCG senior partner Antonella Mei-Pochtler.
So nowadays these high-powered consumers are moving from owning a luxury product, to experiencing a luxury.
Here's the top 10 items that the wealthy bought over the last year according to BCG, and it's obvious 'doing' beat 'having' in this list:
1. Experiences - spas, yachting, adventure tours.
2. Travel and hotels
3. Alcohol and food
4. Technology
5. Home and furniture
6. Art
7. Cars
8. Cosmetics
9. Watches and jewelry
10. Clothing
Some of the experiences being bought by the rich are extreme desert adventures, diving with sharks, private airline flights, luxury slimming clinics, Antarctic expeditions, tailor-made safaris and 5-star hospitals with butler attendance.