Here are the top ways the world's ultra-rich spent their money last year, including pouring $455 billion into commercial real estate

• The world's rich invested $455 billion in commercial properties in 2022, according to Knight Frank's wealth report.
• Meanwhile, investments in luxury collectibles increased by 16%, with works of art as the top performer.
• Still, the ultra-rich lost nearly $14 trillion of their wealth last year.

Despite 2022's outsized losses from worsening global economic conditions, the ultra-rich poured billions into commercial real estate and luxury goods.