Cars
Mercedes, Rolls-Royce, Lamborghini, and Ferrari are the first cars that super-rich people splurge on, right? False. According to research from Edmunds.com in 2016, the most popular car among those with incomes over $250,000 a year was the Ford F-Series, followed by the Jeep Grand Cherokee and the Jeep Wrangler. The Lexus RX and BMW X5 came in fourth and fifth on the list.
“There will always be an interest in and market for high-end exotic vehicles,” explained Edmunds.com executive director of industry analysis Jessica Caldwell when the study was released.
“But, overall, most of the wealthiest Americans look for their vehicles to perform the same kind of functional tasks that everyone else does.” According to Business Insider, Warren Buffett drives a Cadillac XTS, which retails for around $45,000, while Mark Zuckerberg prefers a $30,000 Acura TSX because it’s “safe, comfortable and not ostentatious.”
