The rich are those earning $390,400 on average per annum and have at least $10M in investable assets. The affluent earn $152,000 on average per annum with $1M in investable assets. The rich spend almost 4x as much as the affluent.
Luxury Jewelry & Watches
$17,185 by the Rich vs. $5,163 by the Affluent
Luxury Pet Products
$12,831 vs. $1,316
Luxury Fashion Accessories
$9,931 vs. $2,898
Luxury Wines and Liquors
$7,703 vs. $1,880.
and how does one begin to rack up $12 G's for the pet?
Try an $1,800 Disco Bed for the dog.
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