The founder of a luxury mental health clinic in Switzerland says he’s seeing a rise in ‘opulomania’- an addiction to buying high-end goods.
Zurich-based Jan Gerber is the CEO of Paracelsus Recovery, the world's most expensive addiction rehabilitation centre. He says the compulsion to buy expensive items is, in many instances, seen in young people from ultra-high-net worth families. He joins Jim to discuss the newly-recognised condition.
Ferrari. Photo: 123RF
