A Bentley Car Sits in a Dealership in Sao Paulo

A Bentley Car Sits in a Dealership in Sao Paulo

Marcos Issa/Bloomberg

A man takes a photo of a Bentley car at a dealership in Sao Paulo. While Brazil’s economy contracted in the third quarter, demand for luxury goods in Brazil has increased in recent years as the number of high-net-worth individuals rose 26 percent from 2008 to 2012, according to the World Wealth Report, compiled by Capgemini Financial Services and RBC Wealth Management.