Do any of you own any ultra high end cars or luxury items

I'm feeling really materialistic today and spent the day daydreaming about what I would buy once my savings hit a threshold. For me its a Lamborghini Aventador within 10ish years and a few luxury vehicles like mercedes S or E classes by then.
Outside of a few rolexes people at my bank aren't showey which makes me even curious what kind of lives some of the highest earners live outside the office.

Do any of you own lambos or ferrari's or Richard Mille's or even a Bugatti?

How long did it take you to get there, do you regret your purchase?

 
Most Helpful

Not me, but my father. It's one of those things that you'd never ordinarily think of, but it's insanely cool. 

Unsure if you all are familiar with Virginia Tech, but I did my undergrad there - class of 2012. Five years prior, there was a mass shooting that left 32 people dead. To this day, it's the deadliest school shooting in history as well as the third-deadliest mass shooting of all time. Rocked the university to the core. I remember watching the news on TV after I got home from school the day it happened. I was a junior in high school - being from the north, I wanted to go to college down south. My top universities were VT, FSU, Georgia Tech, and UT Austin. My pops had graduated from VT in 1976, and my uncle in 1978. VT ran in the blood, so to see that happen was pretty wild. 

Now, being from New York, we were all die-hard Yankees fans. If there has been one thing my family has taught me, it's that you lay your life down for the Yanks or you can transfer families. After the shooting, the NYY donated $1 million to Virginia Tech and decided they'd come down in Spring 2008 to play a celebratory baseball game. It was a huge deal for the town - can you imagine? The most prestigious baseball team ever known to man dropping by your little community of 25,000 people to play some baseball. It was monumental for the community that was recovering from a tragedy and spoke to the values of those coming together after the loss. Admission was offered to alumni, and my pops snagged a pass. I wanted to go, but couldn't squeeze in any time. 

Here's where I can actually answer your question: I'm not sure how many of you follow baseball, but I hope that everyone knows Alex Rodriguez. Casual fans probably know him as A-Rod, and there's... let's say, a large amount of opinions on him. Regardless, he's one of the most legendary players the league has ever seen and was Derek Jeter's right-hand man alongside everything. 

At this game, the Yanks wore their regular pinstripe blue uniforms, but they were all given a variant to take home - the maroon and orange pinstriped set, with both the NY and VT logos embedded on them. A once-in-a-lifetime colorway that would never be reproduced as long as history held its head. Many players kept theirs nicely packaged, maybe taking them to display at their homes. A-Rod, however, felt differently. After the game was over, there were some photo ops and handshakes with players, of which my dad was nearby. He was aiming to leave the stadium - went to turn around a corner only to find himself face-to-face with A-Rod himself. A man that he's watched on primetime every single night for the past decade, and one of his all-time favorite players. I'm not sure what words were exchanged - my pops likes to keep that conversation to himself. I just know that it ended up with A-Rod giving him that VT/NYY uniform. All of it, after he gave it a quick signing. 

Nowadays, it's displayed in a frame in my parents' basement. They had it appraised last year when calculating some tax maneuvering, and three appraisers valued it at $350,000. Insane. I would have guessed it would have been worth 1/6 as much if that. It's not like he'll EVER get rid of it, but it's nice to see some monetary value attached to something that already goes such a long way sentimentally. 

This was a lot to type out, so hope you all have still read it. It's not the most flashy, most expected, or even the most expensive thing that will be listed in this thread, most likely. But there's only one of them in the world, and it's something that means so much to all of us over ten years later. Just figured I would share. 

 

Great story. I was at GaTech during the time when the VT shooting happened very clearly. Incredibly sad. Solidarity.

I agree with you there is implicitly a big difference between "luxury" and "most valuable." I don't think I own anything I would try to save if my house was burning other than some family photobooks. Sports-wise, I have a 1994 Sports Illustrated celebrating the last 49'ers SuperBowl win and signed to me by Steve Young and Jerry Rice.

Be excellent to each other, and party on, dudes.
 
jacknapier1

I know a man with a Veyron Chiron. Family started with nothing. Serial entrepreneurs. Took them about 35 years.

I thought the Veyron and Chriron were two different models?

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

I’m sure it was a mistake, but just to clarify the confusion, there is no Veyron Chiron.

Bugatti is the make; Veyron and Chiron are models. Bugatti used to make Veyrons, the predecessor to the Chiron. To isaiah’s question , it’s not a lamer version, simply the older version of the Chiron. The Veyron held the title for the fastest car (in terms of top speed) for a long time, stripping the title from the Mclaren F1 in 2005.

 

If my dream of becoming an ambassador to the Holy See ever comes true, I'd certainly like to have my Nana's Rosary blessed by the Holy Father. I would say that having the Rosary blessed by the Pope would make it one of the most important/valuable things that I would own. Otherwise, perhaps if I get the honorary knighthood that papal ambassadors receive, the extremely rare distinction of a Knight Grand Cross of the Order of Pope Pius IX, then the sash and breast star would be highly valuable to me as well.

Otherwise, I have a very special dream for myself regardless of income: for my wedding day, I'd like to build an exact replica of a Ferrari F40 LM to drive from the church to the reception, and to give it to my sons and daughters to drive on their wedding days as well. It will take a significant amount of time, money, and resources, but since the F40 LM is now priced at $3.5M at the very least, I would like to make mine especially for my wife and I. The crown jewel on my car, since I cannot legally use the sacred Cavallino Rampante that the most beautiful machines known to man proudly bear, will be a marshalled version of my marital coat of arms. I plan for it to be one of the most valuable pieces of my life.

Something like this, to be exact:

Ferrari F40 LM - The Dream Machine

“Strive for perfection in everything you do. Take the best that exists and make it better. When it does not exist, design it.” -- Sir Frederick Henry Royce, 1st Baronet, Co-Founder of Rolls-Royce Limited.
 

I used to have a rosary blessed by Pope St. John Paul II. My grandfather’s brother was a Franciscan Priest (TOR) and had it blessed for me by the Pope in Vatican City in the 90s.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

It must have been an amazing honor to have received it. I wouldn't be surprised at all to hear that His Holiness had added a dedication to you as his eventual successor.

"His Holiness Pope Isaiah I" would be a magical gift for the world, wouldn't he?

“Strive for perfection in everything you do. Take the best that exists and make it better. When it does not exist, design it.” -- Sir Frederick Henry Royce, 1st Baronet, Co-Founder of Rolls-Royce Limited.
 

Met the Pope awhile back and had a good 30

second moment with him. He has this aura of content piety about him. Very relaxed and very calm.

Many people who were in the group I was in brought him gifts. He had two handlers with big duffel bags that every gift went into. He seemed real uninterested, even in the jewelry and tailor made items. I later learned the Vatican auctions all of this off on a regular basis.

 

It’s funny, I’m at the point where I can buy almost everything I want (I want, which doesn’t include Ferrari and Lambos). Wrote a check for a $70k car 2 years ago.

Things just have less meaning for me now. I’d rather pony up money for a fun vacation than a car with more buttons and more headaches.

Tyler Durden was right.

The things you own end up owning you.

You start your professional life.

You get your first salary

A never ending cycle begins:

You buy a “thing”

You get that feeling of achievement!

You think that you need to buy another thing!

You don’t even remember how many “things” you have

You think that owning things will give you happiness

Repeat.

Happened to you?

And how are you feeling right now?

How many things you own that you don’t use anymore?

 
WolfofWSO

It's funny, I'm at the point where I can buy almost everything I want (I want, which doesn't include Ferrari and Lambos). Wrote a check for a $70k car 2 years ago.

Things just have less meaning for me now. I'd rather pony up money for a fun vacation than a car with more buttons and more headaches.

-

Tyler Durden was right.

The things you own end up owning you.

You start your professional life.

You get your first salary

A never ending cycle begins:

You buy a "thing"

You get that feeling of achievement!

You think that you need to buy another thing!

You don't even remember how many "things" you have

You think that owning things will give you happiness

Repeat.

Happened to you?

And how are you feeling right now?

How many things you own that you don't use anymore?

Well good news is you can spend a lot of money for cars without many buttons (Porsche singer or maybe a Porsche speedster?), the price to button ratio falls apart at the very high end. 

 

I came from poverty so derive a lot of happiness from my material possessions, I always feel a sense of amusement when people think they are anti materialistic when its just that they never had to really work for anything.

That Tyler Durden quote sounds entitled to me, i know he's a fictional character but that quote and others like it reeks of lives that never had any scarcity which leads to apathy towards the blessings that wealth can buy.

My friends who talk like that are the guys that always had a family to fall back on if things go bad so they live these bohemian minimalist lives and talk down on people finding comfort in their hard earned possessions, I am sure they would disagree, but they and others who think this way know deep down that dad and mom and extended families always had their backs, so the guy who is happy he bought a Porsche or Rolex would look materialistic to them because they have no point of reference for truly having no means to acquire it, you could always just work for the family business or get your dad to recommend you to a corporate job or have your mums friends appraise your meaningless art for more than its worth then they condescendingly call people who never had all those things to fall back on rats in a rat race.

People that say money and possessions are meaningless are people that always had it or could access it on some level. When your back is truly against the wall that's when people realize just how important those things are, just look at the all the popular rich people who kill themselves after they lose it all, Michael Marin in Arizona, Steve Bing in LA (who ironically used to pride himself on driving a beat up car and living simply till shit got real in his finances) or the Bed Bath and Beyond CFO, I bet if you spoke to those guys in their prime they would tell you money and possessions are nothing and they could do without it.

 

very underqualified comment. Particularly this part: "People that say money and possessions are meaningless are people that always had it or could access it on some level."

“The secret of happiness, you see, is not found in seeking more, but in developing the capacity to enjoy less.” ― Socrates

 
i.can.make.it

People that say money and possessions are meaningless are people that always had it or could access it on some level. 

Money is meaningless.  The things you can purchase with it are meaningful.  If you have a billion dollars sitting in the bank and you want more and don't plan to do anything with it, then yeah... that incremental dollar is meaningless.

Also, I think the people who commit suicide are often driven more by shame than fear of poverty.  If you build your identity around your professional success or your wealth, then it's no shock that when you remove that structural support, people feel worthless and end it. Which, incidentally, is another reason to have an interest beyond "I'm in finance," which crops up on this site a lot.  If you were a pillar of your community and then have to face them with the shame of having been a crook all along, or unable to meet obligations they had made when wealthy

One of the hardest things I've ever had to bear has been the fact that I couldn't continue to pay the interest on the notes I gave to the schools and churches... The thought of these things at first came near killing me or driving me crazy

Daniel Drew said that in the 1870s, when asked about his lost fortune and bankruptcy.  My guess is that sums up what a lot of wealthy people feel: not that poverty cannot be faced, but the mortification of failing people and institutions they cared about

 

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