Super rich barter yachts, mansions, and caviar in pandemic - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 77 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

The super wealthy are bartering yachts, $30 million mansions, and caviar to ride out the pandemic

Vital AgibalowBecause of the pandemic, wealthy Americans are holding on tight to their cash and instead opting for luxury barters.

The owner of celeb-favorite catering company, Elegant Affairs, waived her $20,000 party fee for six chartered rides on a client's yacht so she and her family could get out on the water during Covid.When Covid-19 struck New York, some fled, others stocked up and one 40 year-old Hamptonite called his lawyer.

Instead of charging his $20,000 fee, attorney Sal Strazzullo, took payment in the form of a two-week stay at his client's Montauk mansion."I thought, 'Why not just trade?" said Stazzullo, who has been trying to get his family out of the city on the weekends since the virus hit. Wei, who has been quarantined in Manhattan, is the owner of Our Kitchen, an East Village restaurant and 43-acre farm-to-table concept in upstate New York. They brokered a deal.

Artist Linjie Deng had spent 150 days in his New York apartment when he traded his way up to a luxury waterfront escape. Zapata has also taken partial payment for his art in the form of caviar — accepting $6,000 worth of Ikraa against a $30,000 acrylic. Dr. Marie Hayag, a NYC-based dermatologist, traded a Hamptons Botox house call for 500 grams of caviar."All my patients are in the Hamptons right now because of Covid," says Hayag. "So I go out there. But this patient was having a sort of 'birthday Botox beauty bash' and wanted me to give up my Sunday to come. That's when she offered me $5,000 worth of caviar. How could I say no to that? I'm even threw in some syringes of filler.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

So basically boosting the economy bc they spend

Thanks for making the rest of us feel crappy about out lives.

PuddlesCarolina No, that’s so wrong it brings tears 😭 to my eyes.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside Santa Barbara County, Prince Harry and Meghan Markle's new home - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Why do we need to talk about it? They are cute they are loved It here in covid it’s harsh just relax be happy enjoy things cuz life is going to get harder
Source: BusinessInsider - 🏆 729. / 51 Read more »

Meet Stephen Ross: Inside his life and $7.2 billion net worth - Business InsiderStephen Ross — Trump donor and Equinox chairman — is reportedly mobilizing a $100 million campaign to elect NYC's next mayor. Take a look at how one of the city's richest residents built his fortune. Unless he is giving it to mayawiley we dont wanna hear it!!!
Source: BusinessInsider - 🏆 729. / 51 Read more »

Vocal critics of the US pandemic response are emerging: it's central bankers - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

The 12 fastest-selling new cars during the pandemic are almost all SUVs - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. GretaThunberg got triggered... Better story: Why would someone purchase a brand new car given economic uncertainty, during a pandemic.
Source: BusinessInsider - 🏆 729. / 51 Read more »

The pandemic has shifted what people prioritize when buying a home - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »