The rapid growth of OpenAI and Anthropic has created a new wave of wealthy individuals who are reshaping the luxury market, according to the Financial Times
According to UBS, the number of billionaires rose by 13% over the past year to 3,302, and real estate is typically their first major purchase, causing the average home price in San Francisco—located near Silicon Valley—to jump to $2.1 million.
Thanks to AI entrepreneurs, the private aviation clientele has also become ten years younger; they prefer to pay for services in Bitcoin, book jets via WhatsApp, and drink premium water instead of champagne.
Car brands are also adapting to the trend: Lamborghini, Ferrari, and Porsche are focusing on customization and electric vehicles, while EMJ Exclusive is creating unique designs like the Rolls-Royce Cullinan.
Instead of luxurious superyachts, the newly wealthy are choosing functional, high-speed yachts with tinted windows, pre-installed Starlink, and state-of-the-art sports equipment.
#AI #Luxury #Economy #FindTruth
@uinhurricane✅
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