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The Ultra Affluent market is a demographic of individuals who possess a high net worth and a high level of disposable income. This demographic is typically composed of high-level executives, entrepreneurs, and other individuals who have achieved financial success. Ultra Affluent individuals often have a high level of education and are typically well-traveled. They are often trendsetters and have a strong influence on the luxury goods market.
Ultra Affluent individuals are typically highly engaged in philanthropy and often have a strong interest in the arts. They are often early adopters of new technology and have a strong interest in the latest trends.
Companies that cater to the Ultra Affluent market include luxury brands such as Louis Vuitton, Gucci, and Prada, as well as high-end retailers such as Neiman Marcus and Saks Fifth Avenue. Private jet companies, such as NetJets and Flexjet, also cater to this demographic. Luxury car companies, such as Rolls Royce and Bentley, also target the Ultra Affluent market. Show Less Read more
