April 20, 2016
Charles Jaffe once claimed that “it’s not your salary that makes you rich, it’s your spending habits.” OneLife has leveraged this thought and collected data to analyse the spending habits of the wealthy.
We found that whilst 97% of European HNWs who have relocated made substantial purchases in the past 12 months, only 77% of those who have not moved made those same acquisitions.
This suggests that the internationally-mobile HNW do not hold back when it comes to enjoying their wealth.
Those who have lived abroad tend to spend most on high value technology (46%), luxury holidays (42%), and pieces of jewellery (39%).
