It’s Getting More Expensive To Live Like A Billionaire

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It’s Getting More Expensive To Live Like A Billionaire
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A kilo of caviar, a Rolls Royce Phantom: Forbes has tracked the cost of the good life for 40 years.

has tracked the cost of the good life for 40 years.has been keeping tabs on the cost of the good life since 1982, trackingbasket of ultra luxury items—think thoroughbred yearlings, custom-made shoes and an estate manager to oversee multiple homes—to compute our Cost Of Living Extremely Well Index .

This year, CLEWI is up 10.1%, the biggest jump since 2008. That’s nearly twice as much as the U. S. Consumer Price Index, which rose 5.3% over the same period. Pushing up prices are the usual suspects: increased demand , the rising costs of raw materials and manufactured goods, and labor shortages . It’s a combination of all three factors that drove up the cost of an Olympic pool more than 50%, from just over $2.1 million in 2020 to $3.25 million today.

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