One of the most popular Indian cricketers is said to own 70 bikes and at least a dozen luxury cars. Data from the Federation of Automobiles Dealers Association indicates that around 35,000 luxury cars, costing at least Rs 50 lakhs each, were sold in FY24, including BMWs, Mercedes, and Audis. There were around a little less than 1000 Porsches sold in the same year. At an even higher price level, there were over 100 Lamborghinis sold, while the count for Rolls Royce was about 60. Now a Porsche can start at around Rs 1 crore, while a Lamborghini is close to Rs 3 crore. A Rolls Royce can cost upwards of Rs 7 crore.

There was also news of some industrialists buying a series of apartments in Mumbai’s prime locality at over Rs 200 crore. It is not certain if the numbers are true, but there have been similar numbers spoken of celebrities buying homes, which can go up to Rs 100 crore each. Cricketers in categories A and C have done well for the country and purchased multiple homes, which could be costing upwards of Rs 30 crore each in places like Mumbai or Delhi.

For each of these purchases, there is an official trail of the income earned or loan taken with a history of tax returns. Therefore, there can be no issue in terms of capacity to pay for such indulgences. In fact, from a capitalist standpoint, it can be argued that these are the fruits of hard work and business, where money is earned and invested in these luxuries. All........

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