Luxury Items – Latin America

Despite the extreme inequalities of the continent, Latin America’s luxury market is growing extensively. By 2025 Latin America will have an estimated number of 841,100 US dollar millionaires, having increased by 42 percent in just a decade, according to figures released by New World Wealth. The region can already boast 591,500 millionaires, higher than the Middle East’s 479,400.

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