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The pandemic gave the 1% even more ways to show off how rich they are. Here are 6 new status symbols among the ultrawealthy.

  • The ultrawealthy are using new status symbols to flaunt their wealth in the age of coronavirus.
  • Hiring concierge doctors and living in luxury condos that offer antibody testing amenities signal that they're better off in health.
  • Riding out the pandemic in a vacation home with their household staff shows that they have the means for a luxury quarantine experience.

The coronavirus pandemic has ushered in a new era of status symbols.

When the ultrawealthy no longer have anywhere to go with their Goyard handbag and their $900-a-month gyms are shut down, they find other ways to flaunt their wealth. In a time when the pandemic has stripped their feelings of invincibility, they've taken control by elevating current status symbols and creating new luxuries for a more plush pandemic experience.

Like the rest of the world, their sense of safety has been diminished. But easier access to testing — through hiring concierge doctors or living in luxury buildings that offer testing as an amenity — shows they're ahead of the game health-wise.

And riding out the pandemic in a vacation home, ranch, or other country signifies that their quarantine experience is far more luxurious than the rest of the world's.

These six new status symbols amid the coronavirus pandemic are shining a light on the vast disparities between the rich and poor in America.

Read the original article on Business Insider
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