Cover of the special luxury issue of “El País Semanal”.
The latest Forbes list of the richest in 2023 is topped by tycoon Elon Musk, head of giants like Tesla and X Corp. He is followed by Bernard Arnault, CEO of Louis Vuitton Möet Hennessy, the largest luxury brand conglomerate in the world. with brands like Dom Pérignon, Christian Dior or Tiffany & Co. Arnault sells the champagne that previous winners like Jeff Bezos, Bill Gates or himself drank and drink to celebrate their status as the richest in the world. It sells luxury goods, a business that could end the year with sales of 1.5 billion euros. In this week’s El País Semanal special, we examine this phenomenon, which ranges from the rise of private aviation to the boom in the premium real estate market. We also analyze their power dynamics and try to guess who the real customers of all this are. Those people who have many reasons to toast, but who, as we also say, give the impression that they might run out of champagne because of so much toasting. And it’s not a metaphor.
Below you will find all the articles from El País Semanal’s special report on luxury.
Despite the uncertainty, the exclusivity industry is moving more money than ever before
economically. Is this phenomenon sustainable?
We visited the great philosopher of aesthetics in his home in Grenoble
Luxury real estate providers are looking for new ways to differentiate themselves and differentiate themselves from the competition.
We visited Ferrari’s tailor shop in Maranello, which has months-long waiting lists
More than 23,000 private jets transport 0.0008% of the world’s population much faster
The watch industry is experiencing unprecedented profits and the industry’s public sales are in a state of ecstasy
This 24-room boutique hotel on Lake Como was voted the best in the world by The World’s 50 Best
Luxury buyers are getting younger thanks to social media activity, installment purchases and resale opportunities
New American and Italian fashion and high-end accessories conglomerates are challenging the hegemony of the two large French companies LVMH and Kering