Really bro? yes you need around 100mil to buy a 90 mil penthouse, thats obvious, but noone with 100mil capital will spend 90% of it on the penthouse, that was my point. im sure whoever bought this penthouse isnt living in his momma's basement, he probably has 20+ mil worth of other houses, cars, planes etc... again, you need capital in the Billions to be able to drop 90 mil on ONE SINGLE HOUSE
This really ain't that true. The bulk of so called luxury goods, are not bought by those that can truly afford it. They are bought by people who put a great deal of money behind one thing.
for every billionaire theirs a hundred dudes with 100 mill, for every dude with 100 mill their are ten guys with 10 mill each buying ferrari's. Luxury brands suck the money out of the rich. This myth that the rich are super people that have none of societies weaknesses is a fucking joke.