Young people love collecting, but luxury items aren’t quite at the top of their list. While QZ found that 94% of wealthy individuals under-44-years-old are interested in collectibles, watches, wine, or handbags are more popular than traditional luxuries like fine art. However, most Millennials and Gen Z aren’t focused on this kind of collecting: YPulse reports that half of Gen Z and Millennial males (51%) and females (56%) consider themselves collectors, with young women gravitating toward makeup, skincare, and clothing, while young men are more likely to collect trading cards, figurines, and sports memorabilia. And even though art, coins, and jewelry also rank among the top collectibles for the wealthy, YPulse reports that young people are more are likely to build collections of trendy mass merch items, dupes, and pop culture memorabilia than high-end investment pieces. (QZ)
👀 Read more from YPulse: What Items Are Gen Z and Millennials Collecting?
