From Wealth To Well-Being: 2024 Trends Influencing The Global Luxury Landscape

by R. Daniel Foster

Global wealth is on the upswing following a post-pandemic fall, billionaires have bounced back from 2022’s net loss of $1.4 trillion, and the global luxury market was projected to hit $1.6 trillion in 2023, a new high. The second Gilded Age shows no sign of retreat. In the U.S., the bull market prevailed with the S&P 500 rising nearly 25% —despite political brinkmanship over the debt ceiling…

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