CNNMoney.com recently reported that America’s millionaires are feeling the pain of the economic downturn as much as everyone else, noting that U.S. households worth at least $1 million or more have seen their assets decline by at least 30 percent. Ouch. Looks like we’re all going to have to do a little belt-tightening—even if that belt used to be a Dolce & Gabbana. Here, some of the luxury items that our multi-millionaire neighbors might have to do without.
Greens fees at the Pound Ridge Golf Club: $235
Season passes for skiing in Stowe, Vermont: $1,766
24 hours of Princeton Review private, in-home SAT tutoring: $7,800
Pre-K at Rye Country Day School: $18,690
Boarding a horse for a year: About $24,000
Tuition, room, and fees for one year at Sarah Lawrence College: $53,454
Deposit for Exclusive Resorts’ fractional ownership of vacation properties: $105,000 to $350,000
Membership at Trump National Golf Course: $250,000.
