Despite broad concerns about the economy and fears of an impending recession, the ultra-wealthy seem to be doing just fine.
Rolls-Royce, Bentley and Lamborghini, car brands that cater to billionaires, had record sales again last year.
Lamborghini, meanwhile, delivered 9,233 vehicles last year, a 10% increase from the year before. Bentley, which sells vehicles that cost less than Rolls-Royces and that are more practical than most Lamborghini models, delivered 15,174 vehicles globally last year, a 4% increase over 2021, which was itself a record year. Both Bentley and Lamborghini are owned by Volkswagen Group, which sold almost 9 million vehicles globally in 2021.
Personal Finance Richest people in the world "When you look into the growth of ultra high net worth individuals, so our clientele, basically," he said,"that is forecast to rise over the next five years by two to three percent each year so there is potential, around the world, for more." Not only are people buying more cars but also more expensive and more highly customized versions of those cars. The amount of money Rolls-Royce customers paid for options on their cars and SUVs rose to record levels last year.
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