Luxury
Discreet wealth: today’s rich show status through elite schools and health care, not designer handbags – why inconspicuous consumption is the true mark of a millionaire
Newsflash: showing off your wealth is no longer the way to signify having wealth. Flashing a Louis Vuitton or Hermès handbag, or a multimillion-dollar Bugatti, have long been standard status symbols for the elite, but today the ultra-wealthy have increasingly turned to intangible investments such as security and health to…
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Click here to read the full story: South China Morning Post