Armored Cars Increasing Popular Among Super Rich

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Mark Melin
Published on
Updated on

What is the latest accessory for the budding princeling, oligarch or cartel boss to be conspicuously driving in London using an inconspicuous exterior? The latest status symbol of the wealthy traversing London’s prestigious West End roads are armored vehicles disguised as your average, every day luxury vehicle.  Transforming a common Range Rover, Bentley or Maserati into a vehicle designed to withstand a terrorist attack is becoming popular as well as profitable. Armored cars: a growing trend among the super rich While protecting a precious cargo is nothing new – everyone from presidents to dictators has done it throughout history – the…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.