Skip to: Content
Skip to: Site Navigation
Skip to: Search

December 2, 2008 10:45:02 AM CST

Learn about Newser Points »

« Back to the grid | Next story »

How to Be Middle-Class Rich

Posted Feb 21, 08 10:26 AM CST in Arts & Living 

(Newser) – Middle-class millionaires are carving out a luxe lifestyle to define their 16.5-million strong group, Forbes reports. And while the $1 million to $10 million stashed in the bank doesn’t make them all that rich, that doesn't put much of a dent in lavish spending habits:

  1. Mega-home improvements, to the tune of $150,000 yoga rooms.
  2. Haute couture jewelry, complete with 11-carat diamonds.

  1. Get-it-while-you-can luxe cars, like the $1.38 million Lamborghini Reventón.
  2. A $180,000 membership to access vacation homes around the world.
  3. Handbags that cost more than a car, like Rene Lautrec's $25,700 Aristocrat.
  4. Wine priced at $6,000 a pop, or a $150,000 membership in a private wine estate.
  5. A personal concierge to book plastic surgery and track down that Reventón.

Source Forbes

0 comments | Print E-mail | Digg Seed this on Newsvine Add this link to Del.icio.us StumbleUpon
The new Lamborghini Reventon is seen on the second press day at the International Auto Show (IAA) in Frankfurt, Germany, on Wednesday, Sept. 12, 2007. (AP Photo/Bernd Kammerer)   (Associated Press)
The middle-class millionaire vacations in the Turks and Caicos.   (KRT Photos)
A woman checks out jewelry in the window of a street-facing booth at one of the jewelry exchanges along 47th street in the Diamond District in New York in this Jan. 10, 2007 file photo. (AP Photo/Kathy...   (Associated Press)
Middle-class millionaires have survived the economic slump and continued spending. This file photo shows a home featured in Hampton Magazine.   (Associated Press)
The new class of millionaires are small-time entrepreneurs, like those who own multiple McDonald's franchises.   (Associated Press)
« Prev« Prev | Next »Next » Slideshow
Our editors also recommend:

Threads (
1
 of 2)

Tags

list • wine • wealth • luxury goods • luxury travel • middle class • millionaires • luxury car • Lamborghini


Loading...

Premium Articles from HighBeam

Find more articles like this

Today's Most Popular

Loading...

Other Arts & Living Stories

What is Newser?

2008 Codie Finalist

Face it: there's too much news. At Newser a team of editors and writers culls the most important stories from hundreds of U.S. and international sources and reduces them to a headline, picture, and two paragraphs. It's the Newser guarantee: we can take any report or column or video and pack what you need to know into 120 words or less. Newser's short-form aggregation, visual format, and unique information tools help you get more of the kind of news you want, in a quicker and more entertaining way. And we do it 24/7—you can come back morning, noon, night (and in between) for something new that matters. Read less, know more.

Learn more »