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Published on July 14, 2019 2 min read Many people believe millionaires drive the most expensive, high-end vehicles on the market. However, those with big bank accounts are more likely to drive an affordable Ford rather than an expensive Mercedes or Lexus, according to Thomas J. Stanley, a wealth researcher and author of The Millionaire Next Door.
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The top 10 cars for $250,000-plus households include the Mercedes E-class, the Lexus RX 350 and the BMW 5 series and 3 series. Following those top four were three Hondas, a Toyota, an Acura and a Volkswagen. Also, it's sadly not surprising that 8% of people who make less than $100,000 own a luxury model car.
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Amazon with a net worth of around $128 billion 1996 Honda Accord Source: Wikimedia Commons Former CEO of Microsoft with a net worth of around $40 billion, Ballmer is a hardcore loyalist of Ford vehicles, the company in which his father worked. He drives a Ford Fusion Hybrid priced around $25,000 for his daily commute.
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The Top Contenders: When it comes to cars, billionaires tend to gravitate towards a select few brands. Rolls-Royce, Bentley, and Bugatti are widely regarded as the pinnacle of luxury and exclusivity. These brands possess impeccable craftsmanship, cutting-edge technology, and a remarkable amount of customization tailored to the most discerning.
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Dezer said his own Mona Lisa is one of his three exotic supercars: a McLaren Speedtail, a Porsche 918 and a Bugatti Chiron, each of which is worth more than a million dollars. It's why, when he.
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Americans bought 15.6 million new cars last year, 12% up from 2022, the biggest increase in over a decade, shy of the 17 million pre-pandemic rate.
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Former U.S. President and billionaire Donald Trump has owned several expensive and flamboyant vehicles, including a Mercedes-Benz SLR McLaren, a Lamborghini Diablo, a Tesla Roadster, and a 2010 Rolls-Royce Phantom. A Rolls-Royce Phantom next to Trump Tower | Scott Wintrow via Getty Images
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If you look at billionaires like Mark Zuckerberg, who drives an Acura TSX, and Jeff Bezos, who drives a Honda Accord, they can afford luxury cars, but they choose simple and cost-effective cars. Instead of spending lots of money on high-end cars, they choose to invest that money in high-income-generating investments. Cars Rich People Drive
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These Are the Top 10 Cars That Wealthy Americans Drive โ and Why They Might Not Be What You'd Expect Advertisement U.S. markets closed 4,769.83 -13.52 (-0.28%) Dow 30 37,689.54 -20.56 (-0.05%).
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1. Elon Musk - McLaren F1, *that* James Bond Lotus Esprit Estimated net worth: ยฃ170bn Estimated value of car (s): ยฃ20m Elon Musk is responsible for Tesla, that electric car company you might have heard of. He originally made his billions creating PayPal among other businesses, and has spent his money on some interesting cars over the years.
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It found that the Ford F-150 pickup truck was the most popular car for people in the United States that make over $200,000 per year. Also, other studies demonstrate similar results with a preference for mainstream models for wealthy car buyers. A study conducted by Experian Automotive found that for Americans with a household income of over.
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Cars That the World's Wealthiest People Have Owned Transportation From Volkswagens to Paganis to the humble Honda Accord, here are the cars that 10 of the world's wealthiest people have.
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More people snagged new cars in 2023. January 4, 20245:18 PM ET. Heard on All Things Considered. Camila Domonoske. Listen ยท 3:36. 3-Minute Listen. Playlist. Download. Embed.
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Here are the 10 bestselling vehicles in the U.S. by unit sales for 2023, according to Motor Intelligence. 1. Ford F-Series: 750,789 units - up 14.8% from 2022. 2024 Ford F-150 Raptor. Ford.
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Jeff Bezos, the former CEO of Amazon and the world's richest person, has a car collection that includes some of the most expensive and rarest cars in the whole globe. His stock is worth over $5 million, a $3 million Bugatti Veyron, a $500,000 Koenigsegg CCXR Trevita, and a $650,000 McLaren 675LT. Bezos is also known to own a 1996 Honda Accord.
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However, there are some cars that only millionaires and billionaires can afford. These ultra luxury cars offer a motoring experience that is unmatched by any ordinary car. Rolls-Royce Boat.