Luxury Travel Planner Olivia Ferney Charges $100K to Serve Billionaires, Avoiding Difficult Millionaires
Olivia Ferney, a 25-year-old Canadian luxury travel specialist, charges clients a $100,000 annual fee to plan trips for billionaires. Her agency, Top Tier Travel, shifted from a commission-based model to this exclusive fee structure after finding that millionaires were more difficult to serve due to buyer's remorse and refund requests. Ferney notes that billionaires are easier to work with because they lack the financial friction that causes complaints among less wealthy clients. Her social media presence, which has over 2 million followers, helps her attract the children of wealthy families, positioning her to benefit from the upcoming Great Wealth Transfer.