Brother, Can You Spare 25,000 Dimes?
In tough times, these indulgences might be on the chopping block.
CNNMoney.com recently reported that America’s millionaires are feeling the pain of the economic downturn as much as everyone else, noting that U.S. households worth at least $1 million or more have seen their assets decline by at least 30 percent. Ouch. Looks like we’re all going to have to do a little belt-tightening—even if that belt used to be a Dolce & Gabbana. Here, some of the luxury items that our multi-millionaire neighbors might have to do without.
Greens fees at the Pound Ridge Golf Club: $235
Season passes for skiing in Stowe, Vermont: $1,766
24 hours of Princeton Review private, in-home SAT tutoring: $7,800
Pre-K at Rye Country Day School: $18,690
Boarding a horse for a year: About $24,000
Tuition, room, and fees for one year at Sarah Lawrence College: $53,454
Deposit for Exclusive Resorts’ fractional ownership of vacation properties: $105,000 to $350,000
Membership at Trump National Golf Course: $250,000.