The Latest Breaking News from Luxury

7 Shocking Realities About How Rich People Spend

Most people imagine luxury cars, sprawling mansions, and designer wardrobes when they think about wealth. While that’s true for some, the reality of how rich people spend their money often looks very different. Many habits defy stereotypes, mixing extravagance with surprising frugality and strategy. Understanding these choices reveals insights into…

The Free Financial Advisor · Aug 30, 2025

College students are paying up to $15,000 for dorm makeovers — and decorators already have a wait list for next year

US LIFESTYLE: Extreme college dorm makeovers are the latest craze on TikTok. Amber Raiken speaks to designer Shelly Gates about how she’s made a thriving business in the luxury decorating trend

The Independent UK · Aug 30, 2025

Home Office bans asylum seekers from buying luxury goods and services

Purchase of snowmobiles, timeshares and furs prohibited, despite asylum seekers receiving only £9.95 a week

The Guardian - UK · Aug 30, 2025

I took Porche's new electric SUV for a spin – and the pricey Macan is just pure perfection

The Porsche Macan Electric is far ahead of the competition when it comes to a refined driving experience – but is that enough?

TechRadar · Aug 30, 2025

Lammy given £32,000 of luxury gifts by Kuwait – but keeps none under UK rules

The Foreign Secretary received a Chopard watch and pen set, a Cartier pen, FRED jewellery and perfume, but left it with his department.

Evening Standard · Aug 29, 2025

Young Woman Thinks the Lincoln Corsair Is Out of Her Price Range. Then She Visits the Dealership

Luxury brands often battle old reputations. For one young buyer, all it took was a dealership visit to turn Lincoln’s Corsair from “not my thing” to “can’t stop recommending.”

Motor1 · Aug 29, 2025

Louis Vuitton’s £120 lipstick marks new high in redrawing item as a luxury product

LV’s debut makeup collection joins top-end ranges by Dior and Hermès providing relatively accessible social status

The Guardian - UK · Aug 29, 2025

Grant Cardone: This Is the One Type of Car Retirees Should Never Buy

Grant Cardone warned retirees against buying luxury cars that aren’t tax-deductible -- here’s what to drive instead and how to write it off.

GOBankingRates · Aug 29, 2025

Could Wealthy People Really Be Saving Money By Renting Instead of Buying

The image of wealthy people owning sprawling estates and luxury condos is deeply rooted in our culture. But a growing number of high-net-worth individuals are opting to rent rather than buy. This shift raises an interesting question: could wealthy people really be saving money by renting instead of buying? While…

The Free Financial Advisor · Aug 29, 2025

South Korea's Ex-first Lady Indicted For Bribery

The wife of jailed former South Korean President Yoon Suk Yeol was indicted Friday on charges including bribery, stock-market rigging, and accepting luxury gifts worth more than $50,000, a special prosecution team said.

International Business Times · Aug 29, 2025