For starters, your definition may be different than the next person's. Luxury is subjective to the beholder. How you define it depends on your expectations of what luxury means to you. Also, how luxury feels to you.
In the past few days, the late Lee Iacocca was named a "visionary" and one of the "last automotive tycoons." All of these were apt to describe a man who drove change in the automotive industry while savings entire companies and brands. His legacy is still felt today.