The ultra-wealthy spent an estimated $290 billion on luxury goods and services in 2024, accounting for 21% of all consumer-facing luxury spend. The biggest categories? Personal luxury goods, luxury cars, private jets and yachts, hospitality and fine art. As the global luxury consumer base narrows, ultra-affluent buyers may become even more important to the luxury market’s next phase of growth. Learn more by subscribing to the Investor Alert: https://t.co/oPkwoYMuRf
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