News | March 22, 2012

China’s Billionaires Now Main Players In Private Jet and Yacht Market

News | March 22, 2012

With China’s booming economy, it’s no wonder it’s producing so many brand new billionaires.

All this new money is prompting China’s wealthiest purchase private jets and yachts, and now China is becoming the place where companies that cater to luxury jets and yachts need to be. It’s now apparent that Chinese billionaires are the main players in the luxury market around the world.

Horizon Yachts commissioned superyacht Lady Gaga for a Chinese owner, and another Chinese couple commission a one-off trimaran.

Source: Born Rich

Like Haute Living Asia? Join our Facebook page or follow us on Twitter @HauteLivingMag. Want Haute Living Asia deliver to your inbox once a week? Sign up for our newsletter.

Related Articles

get the magazine

Subscribe to Haute Living

Receive Our Magazine Directly at Your Doorstep

Embark on a journey of luxury and elegance with Haute Living magazine. Subscribe now and have every issue conveniently delivered to your home. Experience the pinnacle of lifestyle, culture, and sophistication through our pages.

Exclusive

Haute Black Membership

Your Gateway to Extraordinary Experiences

Join Haute Black and unlock access to the world's most prestigious luxury events