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# $3 Million Private Concerts
Elton John Entertains Moscow Businessman

By Alex Covert | Published 2008-12-08 | Fashion
Source: Trend Hunter, https://www.trendhunter.com/trends/mega-million-private-concerts-elton-visits-moscow
References: [russiatoday](http://www.russiatoday.com/news/news/34421) & [lussori](http://www.lussori.com/Chopard-Elton-John-Pink-Chronograph-Jeweled-2153.html)

Sir Elton John recently held a private concert for the grand opening of a concert hall in Moscow. Russian businessman, Vadim Varshavsky, bankrolled the entire thing - to the tune of $3 million! Elton even managed to plug his new collection of [Chopard luxury watches](http://www.lussori.com/Chopard-Elton-John-Pink-Chronograph-Jeweled-2153.html). This trend in inviting insanely famous entertainers to private parties is increasing along with [Russia's growing wealth](http://en.wikipedia.org/wiki/Category:Russian_billionaires).

**Implications** - Exclusivity is a desirable trait in the eyes of many people who seek differentiation from a slew of similar like-minded consumers. When businesses incorporate private events into their routines, this shows that they are inclusive to a select group of people, who will then feel more obligated to buy high-end goods.

## Trend Insights (Trend Hunter)

- Score: 2.2/10
- Popularity: 24% | Activity: 34% | Freshness: 8%
- Audience gender: 50% men, 50% women
- Primary generations: Millennial, Gen X
- Top markets: Europe

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Fashion](https://www.trendhunter.com/fashion) > [Watches](https://www.trendhunter.com/watches)

## Key Themes

### What Makes This Trend Stand Out

- **Private Concerts Trends:** Inviting famous entertainers to private parties is becoming a trend.
- **Luxury Experience:** Offering exclusive experiences to a select group of people is a growing trend.
- **Billionaire's Personalization Trend:** Millionaires and billionaires are looking for exclusive and personalized experiences.

### Sectors Adopting This

- **Entertainment Industry:** The entertainment industry can benefit by offering personalization and exclusive experiences to high-end clients.
- **Luxury Goods Industry:** The luxury goods industry can benefit by partnering with entertainment industry to offer high-end experiences and increase sales.
- **Event Management Industry:** The event management industry can benefit by providing personalized, exclusive event experiences for high-end customers.

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