Forget stealth wealth. Big-money style is back! (2024)

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In a recent interview, Olivier Rousteing, Balmain’s king of the double-breasted, big-shouldered, low-buttoning, gold-buttoned blazer, spoke frankly about his fear of the stealth-wealth look: “I’m just really afraid of quiet luxury, and worried about it,” said the designer, sounding a little like Greta Thunberg on her fear of climate change.

Forget stealth wealth. Big-money style is back! (1)

People who spend money tend to want to look like they do

It would appear that Rousteing will soon be sleeping a lot easier as fashion breaks out of its tasteful taupe straitjacket and lurches back towards loud luxury. When covering the recent collections, FT menswear critic Alexander Fury drew parallels with Chanel’s 1932 decision to go long on furs and jewels: “When times get tough, when income dwindles and interest rates spike, fashion often shakes off its blinkers and realises that people who spend money tend to want to look like they do.”

Forget stealth wealth. Big-money style is back! (2)

Then again, it could just be that the metronome of fashion is moving away from discretion. The “mob wife” look may owe its name to TikTok, but with its emphasis on big hair, big jewels and big-cat prints, there is a shameless exuberance about it that can be traced back to the 1960s and ’70s and an era in which a small group of extremely rich people discovered the liberation of jet travel, dressed to enjoy it and just didn’t care who stared.

It was a world in which leisure was a full-time job, encapsulated by an image by Slim Aarons featuring the booted and jodhpur-ed polo-hall-of-famer Laddie Sanford busy relaxing before a few chukkas at the Gulfstream Polo Club.

Forget stealth wealth. Big-money style is back! (3)

Rather than the sartorial obfuscation of irony, counter-irony and inverse snobbery, there is something disarmingly simple about that look. It is a style that Giuliva Heritage, for one, captures perfectly, proposing single-breasted linen jackets with broad lapels and double-breasted blazers bedizened with glinting buttons. If there is one garment that speaks to one’s inner jet-setter, it is the blazer. Start looking for them and you begin to see them everywhere. Look out especially for those in Technicolor: the apple green one I saw at Brioni is not something I will quickly forget.

Forget stealth wealth. Big-money style is back! (4)
Forget stealth wealth. Big-money style is back! (5)

At Rhude, the blazer is crimson and double-breasted, has top-stitching on wing lapels and is fastened with glorious gilt buttons. Judging by the liberality with which Rhude founder Rhuigi Villaseñor attaches buttons to everything — from an ankle-skimming shawl-collared coat to a teal single-breasted sports jacket — I just hope he has left enough for Dunhill creative director Simon Holloway, who is also on a blazer jag.

Forget stealth wealth. Big-money style is back! (6)

Holloway’s tip for wearing a blazer is simple: just channel the late, great Sir Roger Moore. During the 1970s and 1980s Moore epitomised a very sleek and thoroughly international way of dressing that was never out of place — provided the place was one of the resorts, like, say, Gstaad, where he lived for several years. It is also where Piaget recently went to present Polo 79, a solid-gold bracelet watch that pays careful and detailed homage to the Piaget Polo that appeared at the end of the 1970s.

Forget stealth wealth. Big-money style is back! (7)
Forget stealth wealth. Big-money style is back! (8)

Balmain mini-monogram blazer, £2,450

Forget stealth wealth. Big-money style is back! (9)

Tom Ford grain-leather Buckley holdall, £3,290

Polo is powerfully evocative of the SS24 mood. No other sport is capable of summoning an entire world of sybaritic plutocracy and inspiring creative minds as diverse as Ralph Lauren and Dame Jilly Cooper, chronicler of upper-class sex and scandal in the fictional county of Rutshire; she is set to make a return to TV this year with an adaptation of Rivals, her canonical 1980s work. The polo man is very much the muse this season. For Tom Ford creative director Peter Hawkings, polo conjures visions of Steve McQueen in The Thomas Crown Affair. “That’s what I think of when I think of polo, it is such an elegant sport. And I guess I have used all those references building the Tom Ford Man. Our Buckley holdall was inspired by a vintage polo kit bag from the 1930s, and when it comes to overcoats with swagger I am often thinking of polo coats.”

Forget stealth wealth. Big-money style is back! (10)
Forget stealth wealth. Big-money style is back! (11)

Polo was also the muse that stirred Yves Piaget to make a new kind of sports watch. (To avoid confusion, this is the “real Polo”; not the steel bracelet watch, the Polo S, which appeared in 2016.) Back in 1979, Piaget was watchmaker by appointment to the more fun-loving elements of the jet set and only worked in precious metals; as one advertisem*nt of the time purred, “18-karat gold down to the smallest screw”.

As the 1980s dawned, the Polo became the watch that accompanied its wearer from divot to disco, and its reappearance recalls an unabashed era of almost prelapsarian innocence.

Forget stealth wealth. Big-money style is back! (12)
Forget stealth wealth. Big-money style is back! (13)

Piaget gold Polo 79 watch, £69,000

Forget stealth wealth. Big-money style is back! (14)

Bulgari rose-gold Bulgari 38mm watch, £12,700

This year also witnesses a reboot of the Bulgari Bulgari, which was created under the aegis of Gianni Bulgari. Even if he had not been the man who transformed a dusty Roman silversmith and jewellery store into a globally renowned luxury brand, he would have been remembered as a gentleman racing driver: he drove at Le Mans, and won his class in the Targa Florio at the wheel of a Ferrari GTO. He also underwent one of the less agreeable experiences of the Italian rich when he was kidnapped in 1975 and ransomed for $2mn.

He describes the experience of being held captive for 30 days as boring, but at least it gave him time to think how he could broaden the appeal of Bulgari. One idea was to create a digital watch set in a gold case with the words Bulgari Roma on the bezel, and give it to his top 100 customers. It was the watch that money really could not buy and, naturally, it became the last word in chic. Those customers who did not have the watch urged Mr Gianni to make them a watch too, which became the Bulgari Bulgari. Its fame grew and it became a jet-set watch quite literally when its familiar dial and double-branded bezel appeared on the side of an Alitalia Jumbo jet.

Forget stealth wealth. Big-money style is back! (2024)

FAQs

What is the stealth wealth dress code? ›

The stealth wealth look calls for a clean aesthetic and a neutral palette. Whites, grays, khaki, and black – all with precision tailoring – in premium clothing with particular attention to details like cut, quality, and design.

What is the difference between stealth wealth and quiet luxury? ›

Although these terms have been equated, there may be differences in usage. For example, stealth wealth connotes hiding wealth, whereas quiet luxury connotes subtly signaling wealth. Outfit on mannequin exemplifying quiet luxury. The outfit is elegant and refined without any labels or ostentatious displays of wealth.

What does stealth wealth mean? ›

Individuals who practice stealth wealth often have significant amounts of money, but few people know about it. They keep it under wraps in order to safeguard their assets. For many people, stealth wealth may be one of the best ways to handle your money and create a stable financial future.

What are the colors for stealth wealth? ›

Soft neutrals are a popular choice for those with stealth wealth fashion taste. Colours such as cream or ivory may not seem outstanding but they add a touch of elegance and timeless ambiance to any outfit.

Why is stealth wealth popular? ›

The idea is that certain privileged folk (read: super rich people) are adopters of a subtle dress code that exudes luxury without the obvious markers, such as excessive logos, big name brands and the trending shapes and styles that everyone else is wearing.

What makes a woman look rich? ›

Always wear clean clothes, freshly pressed, with no threads, rips, stains, or fading. Black, white, navy are always elegant colours that can make you look more expensive. Match your outfit with some assorted accessories such as a couple of bracelets and a pair of sunglasses for that extra visual effect.

What makes a man look rich? ›

Dress smart and for the occasion.

Instead of always wearing T-shirts, try wearing men's plaid shirts over jeans or khakis. In more formal circ*mstances, wear a jacket over your shirt. Dress up in a dress suit once in a while. Go for the business, business casual or/and preppy look.

Why do rich people need quiet? ›

The rich are often quieter than the poor because they have less to worry about. Money can buy you food, shelter, and security. It can also buy you freedom from want and fear. When you have enough money, you don't have to worry about where your next meal is coming from or whether you'll be able to pay your rent.

Who are considered ultra rich? ›

While there's no legal standard when it comes to defining who is an ultra-high-net-worth individual (UHNWI), they're often defined as those who have $30 million or more in assets. These funds must be in investable assets, which is an important distinction to make.

Is Mark Zuckerberg quiet luxury? ›

Quiet luxury gained prominence through influential figures like Sofia Richie, who embodied the aesthetic with high-end, subtly luxurious attire. Even tech mogul Mark Zuckerberg has been known for wearing logo-free plain coloured t-shirts that carry a price tag of Rs 24,000+.

How to look subtly rich? ›

How to Dress Like You're a Millionaire
  1. Reach for the basics. ...
  2. Dark denim is always "do." ...
  3. Layer your look with a timeless topper. ...
  4. Slip into status staple shoes. ...
  5. When in doubt, wear neutral tones. ...
  6. Drape yourself in timeless jewels. ...
  7. Logo is a no go when it comes to purses. ...
  8. Sunglasses are always a power move.
May 5, 2023

How can you tell if someone is subtly rich? ›

6 Subtle Signs That Someone Is Wealthy
  1. They Have a Calm, Confident and In-Control Vibe. ...
  2. They're Resilient. ...
  3. They Have an Elegant but Understated Sense of Style. ...
  4. They're Well Connected. ...
  5. They're Financially Literate.
Nov 24, 2023

How can you tell if someone is stealth wealth? ›

Stealth Wealth Signs: How to Tell if Someone is Secretly Wealthy
  1. They Are Very Focused.
  2. They Value Their Time.
  3. They're Noticeably Confident.
  4. They're Less Stressed.
  5. They Wear High-Quality Clothes That Fit Them Well.
  6. Their House and Car Are Well Maintained.
  7. They Keep to Themselves.
  8. They Think on a Long Timeline.

What is the silent luxury trend? ›

The quiet luxury trend refers to a shift toward a more exclusive, intimate and personalized experience with less visible branding. Whether consumers know it as “minimalism,” “stealth wealth” or simply “understated,” the concept has endured for generations.

What is stealth clothing? ›

Stealth street fashion is a style characterized by understated luxury, minimalism, and a low-key approach.

Why do we buy into stealth wealth? ›

Proponents of the stealth-wealth concept insist that toting around a battered, five-figure handbag or swathing oneself in staid cashmere affirms membership to the rarefied class aptly described, by Amanda, as “the genuinely, generationally wealthy.” Quiet luxury—or so the theory goes—says I belong here.

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