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What the newly rich do with their homes after striking it rich, according to a top interior designer

Published by Business Insider on Wed, 17 Aug 2016


Having a home that accurately reflects your interests is well worth the investment.That's why many of those who find financial success end up using their newfound wealth to spruce up their homes.But what do these homes actually look like'Interior designer Noa Santos has worked with plenty of entrepreneurs through Homepolish, the design startup he cofounded in 2013. Earlier this year, he helped Sweetgreen cofounders Jon Neman and Nathaniel Ru create their dream loft, and he's also worked with Marissa Vosper of Negative Underwear and Danielle and Jodie Snyder of Dannijo.Santos shared some of the biggest trends he's seeing in the homes of newly rich people these days.SEE ALSO:Look inside the swanky New York City bachelor pad where 2 of Sweetgreen's cofounders liveDON'T FORGET:Follow Business Insider's lifestyle page on Facebook!They makeupgradesIn general, many successful entrepreneurs are looking to finally upgrade some of the more basic pieces they already own. Buying a nice sofa is one great example of that."Even small upgrades like going from foam to down is something people wait to do," Santos said. "They'll go for nice kitchenware, like pieces from Le Creuset."He added with a laugh: "Hopefully one day I'll strike it richthat's where I'd buy my cooking pots."They view furniture as an investment piece"Entrepreneurs are business-savvy. They like the idea of buying something nice, but also something that will last," Santos said. "We see a lot of people who are finally getting to invest in pieces that they want to take with them."To help his clients find one-of-a-kind pieces, Santos often turns to 1stdibs, an online marketplace filled with antique and contemporary items. The site sells everything from $50 floor tiles to $50,000 chairs.They buy bucket list itemsBut some might instead go for classic pieces that are valuable investments mostly because they have been so popular over time.The Eames chair, for example, was released in 1956 by the furniture company Herman Miller, and continues to be an icon of interior design. It's a piece that Santos commonly sees people invest in once they strike it rich.See the rest of the story at Business Insider
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