Another difference between the affluent and the ultra-affluent
The ultra-affluent increased their spending on business-class plane tickets by 114% in the second quarter, compared with a year earlier. Rich consumers also boosted spending on cruises, car rentals and luxury hotels. They spent 12% more on fine dining.
They also increased their spending on fast food by 24%, 3x more than the average consumer.

Here’s the original WSJ article. 

Another difference between the affluent and the ultra-affluent

The ultra-affluent increased their spending on business-class plane tickets by 114% in the second quarter, compared with a year earlier. Rich consumers also boosted spending on cruises, car rentals and luxury hotels. They spent 12% more on fine dining.

They also increased their spending on fast food by 24%, 3x more than the average consumer.

Here’s the original WSJ article

Posted 1 year ago

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