Rich millennials are creating new status symbols as they start to buy homes and have kids. Here's 10 ways they are redefining luxury.

Fri, 08/04/2023 - 06:45

Kim Kardashian is seen in Midtown on November 01, 2022 in New York City. — Wealthy millennials are starting to spend on their homes, children, and pets as they get older.
Photo by Gotham/GC Images

Wealthy millennials are approaching their 40s and are starting their own families and buying homes.
This is changing their perception of luxury and what they splash out on.
Pricey coffee machines, electric cars, and high-tech baby cots are new symbols of wealth.

Wealthy millennials are approaching their 40s and starting to get serious about life. Some are starting families or buying homes, and this is changing what luxury looks like to them.