Luxury travel expert Olivia Ferney charges $100K and says billionaires are easier to work with
Key Points:
- Olivia Ferney, a luxury travel specialist recognized as one of TIME’s top digital influencers, serves millionaires and billionaires by fulfilling their extravagant travel requests and shares these experiences with over 2 million followers on social media.
- Ferney finds billionaires easier to work with than millionaires, as the latter often experience buyer’s remorse and attempt to get refunds by fabricating issues, leading her company Top Tier Travel to implement a $100,000 annual fee and a $1 million minimum travel spend to focus on ultra-wealthy clients.
- Top Tier Travel’s clientele varies widely, from multigenerational wealthy families taking routine trips to crypto millionaires splurging impulsively, with no two clients taking the same kind of trip.
- Ferney’s social media presence has attracted younger heirs of wealthy families who seek rare luxury items and unique experiences, helping Top Tier build relationships with the next generation of ultra-wealthy consumers.
- By working closely with these younger clients, Ferney believes her company is positioned to lead in the luxury travel market as the Great Wealth Transfer unfolds, with $124 trillion expected to pass to younger generations over time.