The super rich
The super rich are people with over 30 million US dollars of assets.
According to BBC, Vietnam is the country with a percentage of super rich people expected to grow fastest over the next 10 years.
If you have an exclusive art or wine collection, luxury car, or even purchase of business jet - these are investable assets - something you can retain value on or accrue value on. A business jet or private jet can cut costs and make business more convenient by running faster, more comfortably than commercial airlines.
So these purchases, they make good, sound business sense. Whereas superyacht is essentially a black hole.
In the world of the super-rich, superyacht is the luxury boat for pleasure and the size of it shows your place in the pecking order. If you are higher up in the yachting pecking order, you get the best place in the harbour. Which is very important for
yacht owners apparently.
It's all for seeing and being seen.We could actually say that yacht is an ultimate form of conspicuous consumption.
Search from various English teachers...
Corrections · 5
1
The super rich
The super rich are people with over 30 million US dollars of assets.According to the BBC, Vietnam is the country with a percentage of super rich people expected to grow the fastest over the next 10 years.
If you have an exclusive art or wine collection, luxury car, or even purchase of a business jet - these are investable assets - something you that can retain value on or accrue value on. A business jet or private jet can cut costs and make business more convenient by running faster, and more comfortably than commercial airlines.
So with these purchases, they make good, sound business sense. Whereas a superyacht is essentially a black hole.
In the world of the super-rich, a superyacht is the luxury boat for pleasure and the size of it shows your place in the pecking order. If you are higher up in the yachting pecking order, you get the best place in the harbour., which is very important for
yacht owners, apparently.
It's all about for seeing and being seen.We could actually say that yacht is an ultimate form of conspicuous consumption.
Good job! It's perfectly understandable to me without the corrections.
0
For me,super rich is the one who has large collection of books...The one who is blessed with good health donating poor.
0
Hola Julia, estoy interesado en practicar mi ingles contigo y puedo ayudarte a practicar tu español si tu quieres, escríbeme :)
Hello Julia, I'm interested in practicing my Spanish with you and I can help you practice your Spanish if you want, write me :)
Want to progress faster?
Join this learning community and try out free exercises!
Don’t miss out on the opportunity to learn a language from the comfort of your own home. Browse our selection of experienced language tutors and enroll in your first lesson now!
Start Learning Today
