All posts tagged: LUXURY AUTOS
Why Are So Many Billionaires in Love with Yachts?
In the annals of the super-rich, many paragraphs will be devoted to super yachts. Representing perhaps the height of privacy and luxury – and certainly the height of purchase price and ongoing expense – super- and mega-yachts are gigantic, gilded and gorgeous. They’re the ultimate status symbol: Steve Jobs had Venus, Roman Abramovich has the Eclipse, Paul Allen has the Octopus, and the Emir of Abu Dhabi reportedly has the Azzam (complete with its own submarine and missile defense system).
Do Rich Men and Women Spend Their Money the Same Way?
If you asked an elementary school-aged boy in the late 1960s or early ‘70s what he wanted to own when he grew up, if he could own anything in the world, he would very likely have had one or more of the following on his list: a rocket ship, his own car company, an airplane (or even better, an airline), maybe his local newspaper, and a sports team. Yes, these are clichés, and gross generalizations based on gender – but they’re also true.