Rich Indians' Spending Habits


6. Yachts

A study by Citi Private Bank and Knight Frank revealed that the super rich Indians are some of the biggest buyers of luxury toys. The “Indian Empress”, a 95 meter Qatari Royal Yacht, is the most cherished possession of the liquor baron Vijay Mallya. This yacht is worth of 450 crore. The real estate mogul Sunny Dewan also has a 90 foot Ferretti 881 yacht worth 527 million.  This yacht has a technology to fight back the sea sickness. Tina Ambani also has bought a 100-m long yacht worth nearly 200 crore, which can host 20 people apart from the crew. She is also a member of 161 year old Royal Bombay Yacht Club (RBYC) in Mumbai.