How to make money like the rich

Wealthy households are getting a boost from traditional investments rather than luxuries - can you make money like the rich?

Waiter presenting auctioned car
(Image credit: Peter Dazeley via Getty Images)

The rich are getting richer but it is traditional property that appears to be driving returns rather than the luxury market.

Many households were boosted by rising house prices, falling inflation and lower interest rates last year and this has also benefited the wealthy.

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Asset class

12-month price change (%)

10-year price change (%)

KFLII

-3.3

72.6

Handbags

2.8

85.5

Jewellery

2.3

33.5

Coins

2.1

47.5

Watches

1.7

125.1

Cars

1.2

58.9

Coloured diamonds

-2.2

3.8

Furniture

-2.8

140.9

Whisky

-9.0

191.7

Wine

-9.1

37.4

Art

-18.3

54

Marc Shoffman
Contributing editor

Marc Shoffman is an award-winning freelance journalist specialising in business, personal finance and property. His work has appeared in print and online publications ranging from FT Business to The Times, Mail on Sunday and the i newspaper. He also co-presents the In For A Penny financial planning podcast.

With contributions from