For most sectors, I think there’s tiers. Apple sells less devices at a slightly more expensive price point than e.g. Microsoft or Google. I think the highest tiers, that only a few can afford, but at the highest price point (which is actually a selling point of your product) makes intuitive sense as a path to being one of the richest, and real estate, as an asset class, makes intuitive sense to apply this strategy to.
Expensive real estate actually seems like a great way to become one of the richest people. Maybe we just have different priors.
Edit: apparently, the real estate isn’t where they make their money though...
I agree that real estate can make a person rich. But the path I see for that is only tangentially connected to luxury
For most sectors, I think there’s tiers. Apple sells less devices at a slightly more expensive price point than e.g. Microsoft or Google. I think the highest tiers, that only a few can afford, but at the highest price point (which is actually a selling point of your product) makes intuitive sense as a path to being one of the richest, and real estate, as an asset class, makes intuitive sense to apply this strategy to.