Monday, 26 November 2018

Forget shiny Rolexes and Louis Vuitton handbags — rich people are investing more in education and health, and it shows that discreet wealth is the new status symbol

Forget shiny Rolexes and Louis Vuitton handbags — rich people are investing more in education and health, and it shows that discreet wealth is the new status symbol

Owning a Louis Vuitton handbag, multi-million dollar Bugatti, or shiny Rolex has always been a marker of elite status. But such flashiness is becoming less ubiquitous among the ultra-high-net-worth crowd. They're spending more than ever before on security and privacy, trading in hilltop houses for homes in hidden neighborhoods invisible on Google street view.
Read more: https://www.businessinsider.com/discreet-wealth-new-status-symbol-rich-people-2018-11?source=Snapzu

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