NEWS & PRESS

The Newport Beach Country Club Has a New, $40 Million Clubhouse

That club life though. Orange County residents who want a little extra something something this summer might try their luck at procuring a membership to the Newport Beach Country Club, which has just unveiled its all-new, $40 million, 56,000 square foot Clubhouse.

This private, two-story structure has been designed in the Craftsman style, a signature look for Orange County.  Here, residential style meets resort sophistication in a chic gathering place made of wood and glass.

Six Trends in Affluent Golfer Spending

The economic clout of the affluent is staggering. As of 2015, the Top 1% possess half of the world’s wealth. That number is up from 44% in 2009. The Top 10% own 88% of the world’s wealth, up from 83% in 2009.

Golf and wealth are closely linked… as income increases, so do golf participation rates. The participation rate for individuals in the $150,000+ income bracket is about double those in the $50K-$75K range, and about five times greater than the participation rate of those in the $30K or less group. The median annual household income for all Americans was approximately $52K in 2015, compared to golfers whose average household income was about $96K.

11 Most Exclusive Private Clubs in America

Private Club Marketing has compiled these 11 most exclusive private clubs in America are some of the favorite meeting places and drinking holes for the America’s (and world’s, as well) rich and famous. For the most part, these are urban clubs, designed for the city gentlemen to take a break from the often hectic lifestyle they lead on their jobs. Some of them, however, are placed outside city limits and represent a perfect getaway for when you’re tired from the urban jungle and need to relax in nature.