Where do the rich spend money ?

Fine art?

But to give an IM idea, I think they spend on themselves, so provide them a service that makes them feel better than everyone else and boosts their ego.

Of course not everyone rich is materialistic or has big ego, but I think this works sometimes for services right now for celebrities, athletes, politicians, musicians, actors, etc.

For example, create a book about them.
 
Wealthy people spend more on comfort, trusted services, and things that make their life easier and faster.
 
Invest in funds and channels that can continue to generate returns
Learn and network to understand and master those channels
Buy valuable items with the potential for growth to avoid depreciation
 
I don't know if people have noticed, but I've said this a few times. Make your own brand. Many here act anonymously when offering their products or services. I would think that rich people don't buy products that are not branded or are anonymous.
The rich seek reliability and certainty.

But the rich are not stupid if they are screwed. They have the easy choice to move elsewhere and get services from elsewhere.

That's why it's good to create that brand and create a broad service offering, so to speak. Apple does this branding and product catalog really well. But this is a slightly bigger company. Maybe we don't have any opportunities for this kind of thing anyway. But if you were some kind of public figure, you would have the opportunity to sell to rich people more easily. So that's why it's wise to brand yourself and maybe your name will somehow change to "public figure" over the years.
 
probably freedom and comfort
 
It makes sense to provide exclusive services to rich people because they do not waste time or bargain. Where do the rich spend money ?
Rich people usually spend on things that save time or reduce hassle. That means quality services, trusted experts, convenience, privacy, health, and assets that grow or protect wealth. They pay more for reliability and results, not for discounts.
 
Starcucks?
Well, not anymore. Had spent like $50 and i still deeply regret it. The coffee shop a few blocks away is a lot better! Better quality, bigger cups, and all around friendliness, warmth! All this for just half of the cost.
 
The rich spend money on saving time, comfort, status, health, and investments. They pay for convenience, exclusivity, and guaranteed results not cheap prices.
 
in time saving things and stuff to make more money like scaling
 
Money usually goes where time and leverage get saved. I’ve noticed wealthy people care less about price and more about access, speed, and comfort. They spend on networks, experiences, health, and things that remove friction from daily life. I rarely see them chasing flashy stuff for status alone. Convenience, privacy, and control seem to matter way more than showing off.
 
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