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Real estate CEO says the luxury industry is all about one thing: a 'return on ego'

Summary by Fortune
For Ziad El Chaar, CEO of luxury developer DarGlobal, the future of the luxury industry isn’t measured purely in financial returns—it’s about emotional capital. While ROI is a return on investment, he said at the Fortune Global Forum in Riyadh on Monday, “In the luxury segment, we always say we’re giving you a lot of ROE: A return on ego.” That “return on ego,” Chaar explained, is what drives buyers toward exclusivity and identity-defining purch…

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Alexandria Living Magazine broke the news in on Wednesday, October 29, 2025.
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