Page 109 - Forbes Magazine-October 31, 2018
P. 109
4000
FORBES 400 TOTAL
LeaderBoard NET WORTH 3000
2000
LUXURY
1000
CLEWI 900
800
700
600
THE PRICE OF THE 1982 = 100 500
400
300
CPI
(REALLY) GOOD LIFE 200
BAD NEWS—OF A very mild variety—for anyone with a couple billion 100
1982 1985 1990 1995 2000 2005 2010 2015 2018
tucked away in the underground lair out back: Living a truly posh lifestyle
has gotten juuust a bit pricier over the last 12 months. Our basket of 40
Groton
luxury goods is up 2% since last year, nearly half a point above the SERVICES +0.7%
increase from 2017. Since we began tracking it in 1982, the Cost of Liv- SCHOOL: Year’s tuition,
ing Extremely Well Index (CLEWI) has outpaced inflation by an average room and board at Groton
(Massachusetts)
2.3%. This year’s increase, though, was more than half a point below that $56,550 / 1.5%
of the Consumer Price Index over the same period. Relatively speaking, UNIVERSITY: Year’s
then, these high-end items are still affordable. Which might make the 3% tuition, room and board,
plus insurance, at Harvard
bump in the cost of one’s new helicopter a little easier to swallow.
Petrossian Special (Massachusetts)
Reserve Ossetra $70,944 / 3.2%
FACE-LIFT: Experienced
ENTERTAINMENT FOOD AND DRINK surgeon (New York)
AND TOYS +3.5% +3.2% $18,500 / 0%
OPERA: Metropolitan CATERED DINNER: CONCIERGE: One-year
Opera tickets for two, 40-person meal from membership for per-
premium seats, for six Ridgewells (Maryland) sonal service (New York)
Saturday-night shows $7,907.04 / 0% $25,000 / 0%
(purchased in New York) CAVIAR: Kilo of Petrossian PSYCHIATRIST:
$5,760 / 4.4%
Special Reserve Ossetra 45 minutes at Upper East
PIANO: Ebonized (California, New York) Seasonal flowers Side shrink (New York)
Model D concert-grand 1000 by Jean Patou $12,500 / 0% $400 / 0%
Steinway (New York) CHAMPAGNE: Case of LAWYER: Hourly fee for
$171,100 / 4.3% 750ml Dom Pérignon estate planning, from a
FASHION +1%
MOTOR YACHT: Viking 2009 (New York) Schlesinger, Lazetera &
Yacht 75 (New Jersey) COAT: Russian sable, $2,039 / 6.3% Auchincloss partner
$5.9 MIL / NA Bloomingdale’s (New York) CHATEAUBRIAND: (New York) $995 / 0%
SAILING YACHT: Oyster $225,000 / –15.1% 7 pounds of SPA: Coed weekly rate,
595 (U.K.) $2.5 MIL / 8.7% BLACK JERSEY DRESS: tenderloin (New York) the Golden Door (Cali-
SPORTING SHOTGUNS: With web trim, Gucci $580.86 / 3.7% fornia) $8,850 / 0%
Pair of 12-gauge side-by- (Italy) $1,900 / 11.8% DINNER: La Tour d’Argent
side from James Purdey LOAFERS: Horsebit leather, tasting menu, per person,
& Sons (New Jersey) Gucci (Italy) $690 / 3% excluding wine and tip TRAVEL +2.6%
$318,353 / 3.6% (Paris) $440.80 / 5.8%
SHIRTS: 12 cotton be- HOTEL: Four Seasons one-
THOROUGHBRED: Aver- spoke, Turnbull & Asser HOUSEHOLD +1.8% bedroom suite, off-peak
age yearling, Keeneland (U.K.) $8,340 / 3% (New York) $4,650 / 5.4%
September sale (Kentucky) SHOES: Men’s black-calf FLOWERS IN SEASON:
Arrangements for six
$363,780 / N/A AIRPLANE: Learjet 70,
wingtips, custom-made, rooms per month, changed Bombardier (Canada)
TRAIN SET: Thomas & John Lobb (U.K.) weekly (New York) $11.3 MIL / 0%
Friends Lionel Christmas $5,564 / 0.5% $8,175 / 0%
set with Bluetooth (North HELICOPTER: Deluxe
Carolina) $200 / N/A PERFUME: 1000 by Jean SHEETS: Queen-size Executive VIP Sikorsky
Patou, 0.5 oz. (France) cotton sateen Ultimate S-76D (Connecticut)
CIGARS: 25 Davidoff $350 / 0% (Italy) $2,800 / NA $17.2 MIL / 2.7%
Dominican Aniversario
Double “R” (New York) WATCH: Jules Audemars Gucci STERLING SILVER CAR: 2018 Rolls-Royce
$820 / 0% self-winding, 18-karat pink FLATWARE: Five-piece Phantom (New Jersey)
gold, alligator strap, Aude- dinner set for 12 (Massa- $530,000 / 0%
MAGAZINE: Forbes, mars Piguet (Switzerland) chusetts) $12,960 / 0%
one-year subscription $22,700 / 0% TRAVEL BAG: Louis Vuitton GROTON SCHOOL: YAKONIVA/ALAMY; SEASONAL FLOWERS: JONATHAN SLOANE/GETTY IMAGES
(New York) $60 / 0% SAUNA: 8-by-10-by-7 Keepall Bandoulière 55
HANDBAG: Hermès feet in Nordic spruce (France) $1,845 / 4.8%
Clemence Jypsière, (Minnesota)
bull-calf leather $18,336 / 0.3% Louis Vuitton
(France) SWIMMING POOL:
$8,500 / 0% Olympic-size (Califor-
nia) $2 MIL / 8.8%
TENNIS COURT:
Har-Tru crushed stone BY ANDREA MURPHY
(Connecticut)
$55,000 / 0%
Steinway Ultimate bedsheets
34 | FORBES OCTOBER 31, 2018