The Economic Times
English EditionEnglish Editionहिन्दीગુજરાતી
| E-Paper

    Ride of the wealthy: Rich Indians prefer Bombardier jets; Audi & BMW cars favourite


    Almost half of the wealthy like to renew their luxury car every 3-4 years.

    Getty Images
    Gulfstream private jets grabs the second position in the list.
    A private jet. You have truly arrived when you arrive in one. Or at least, that’s the general consensus. And on the off chance that you are shopping around for one, take a look at the ones that the rich favour.

    Hurun India’s Luxury Consumer Survey 2019 has done the research for you, listing out the most popular private jet brands. According to the survey, Bombardier is the most popular private business jet brand and Gulfstream grabs the second position. Other brands on the list include Dassault, Honda Jet and Embraer.

    And for those who can’t conquer the skies with their rides, there are the roads. Nearly half of the respondents of the survey have two to three cars. And almost half of them renew their car every three to four years. Audi and BMW are the “most popular luxury car brands,” with Mercedes - Benz clinching the close third spot. Following spots are taken by Rolls-Royce, Aston Martin and Lamborghini.

    Mukesh Ambani Was First Indian To Get Rolls-Royce Cullinan - The Rs 6.95 Cr, World's Most-...

    1 of 5

    Luxe On Wheels

    The Rolls-Royce Cullinan is priced at Rs 6.95 crore, ex-showroom for the base variant. The first Indian to have the car was Mukesh Ambani. With this car, the luxury car maker has launched its first-ever SUV that comes with some futuristic features.

    This is the first edition of the Hurun Luxury Consumer Survey and is aimed at understanding the changing pattern and preferences of lifestyle, consumption habits and brand awareness of high-net-worth Indians.

    Anas Rahman Junaid, MD and chief researcher of Hurun Report India said: " Increase in opulence and the rising millennial population in the country, investment into luxury products and service would witness an upward trend. If India’s GDP doubles in the next 4 years, that will have an impact on the number of new millionaires in the country – resulting in a direct impact on luxury spending and investments.”

    Hurun Rich List: Mukesh Ambani Debuts In Top 10, While 23 Other Indians Join The Club; Bezo...

    1 of 7

    Money Talk

    Amazon's Jeff Bezos, whose wealth has been making headlines due to his impending divorce with wife Mackenzie, topped the Hurun Rich list for the second year. The 55-year-old's net worth is a staggering USD 147 billion. He is followed by Bill Gates at USD 96 bn, Warren Buffett at USD 88 bn, Bernard Arnault at USD 86 bn, and Mark Zuckerberg at 80 billion.

    This year's list also saw RIL Chairman Mukesh Ambani make it to the top 10 for the first time. Here's a look at some interesting stats that the list brought out.

    (Clockwise from left: Jeff Bezos, Bill Gates, Mukesh Ambani, Warren Buffett)

    Also Read

    The Economic Times