What are some of the first big-ticket purchases you would make if you suddenly became rich? Perhaps it’s a personalized luxury car, some rare art or a private island. Or maybe you’re the kind who would put a lot of the money away in savings or . If you’re more in line with the former, then here’s a look at .
Wealthy people know the best money secrets. . If you’re a person who enjoys your privacy, you may think about getting a private island if you become rich.
After all, there aren’t people to bother you and the island can be customized in ways to fit your lifestyle and preferences. You may be surprised to learn that automakers behind some expensive luxury cars are doing pretty well, even during tough economic times. “Automakers like Lamborghini, Ferrari, Bentley and Rolls-Royce have been doing well as, regardless of whatever is happening in the wider world’s economy, the ranks of the ultra-wealthy grow and become richer,” according to .
One thing that’s caught on for the rich is extreme levels of customization for their cars. That means instead of choosing the interior and exterior colors from a menu, the rich can select what they want so there’s really no other vehicle like theirs anywhere on the planet. While the rich may want to draw attention to their special cars, that’s not always the case with other expensive buys.
Take rare art for example. According to , more rich buyers are turning to private purchases. “Auction companies and luxury real e.