A VIP guest suite, operated by the Hôtel Ritz Paris, inside the renovated Boucheron jewellery flagship store in Place Vendome Square in Paris. Photo: Bloomberg
Discreet wealth: today’s rich show status through elite schools and health care, not designer handbags – why inconspicuous consumption is the true mark of a millionaire
- Elizabeth Currid-Halkett coined the term ‘inconspicuous consumption’ in her 2017 book, The Sum of Small Things: A Theory of the Aspirational Class
- As most consumer goods got cheaper, hospital services, college tuition, medical services and childcare have sky-rocketed in cost – and prestige
Follow your favourite topic and get notified
A VIP guest suite, operated by the Hôtel Ritz Paris, inside the renovated Boucheron jewellery flagship store in Place Vendome Square in Paris. Photo: Bloomberg
