Are you curious about what the ultra-rich spend their money on? Billionaires are known for their extravagant purchases, such as tickets to outer space, private islands, superyachts, renting celebrities, gold bathroom accessories, Kopi Luwak coffee, random auction items, and expensive parties. These items are just a few examples of the crazy and expensive things that the ultra-rich buy to show off their wealth and status. Let’s take a quick peek at some of the most outrageous purchases made by the wealthy.
What Do Billionaires Buy?
Have you ever wondered what the ultra-rich spend their money on? While most of us are budgeting for groceries and rent, billionaires are buying some of the craziest and most expensive things you can imagine. From space travel to private islands, these individuals spare no expense when it comes to their purchases. In this article, we will explore 11 of the craziest and most expensive things that rich people buy.
Tickets to Outer Space
One of the most extravagant purchases that billionaires make is a ticket to outer space. Companies like Virgin Galactic and Blue Origin are currently developing spacecraft that will take paying customers to the edge of space. The price tag for a ticket is around $250,000, but for billionaires, it’s just pocket change.
Another popular purchase among the ultra-rich is a private island. These islands can cost anywhere from a few million dollars to over a hundred million dollars. They offer complete privacy and seclusion, allowing billionaires to escape the stresses of everyday life.
Superyachts are another favorite among the rich and famous. These massive boats can cost upwards of $500 million and offer all the luxuries of a five-star hotel. From private cinemas to helipads, these yachts are truly one of a kind.
Billionaires can also rent celebrities for their private events. From musicians to actors, the rich and famous can pay millions of dollars to have their favorite celebrities perform at their parties. It’s not uncommon for a billionaire to spend millions of dollars on a single event.
Gold/Expensive Bathroom Accessories
Billionaires also love to splurge on gold and other expensive bathroom accessories. From gold-plated toilets to diamond-encrusted faucets, these items are the epitome of luxury. They may seem unnecessary to most of us, but for billionaires, they are just another way to show off their wealth.
Kopi Luwak Coffee
Kopi Luwak coffee is one of the most expensive coffees in the world, with a pound costing around $600. This coffee is made from beans that have been eaten and excreted by a civet, a small mammal found in Southeast Asia. While it may sound disgusting to most of us, billionaires are willing to pay top dollar for this rare and exotic coffee.
Random Auction Items
Billionaires also love to bid on random auction items, such as rare artwork or historical artifacts. In 2017, a painting by Leonardo da Vinci sold for a record-breaking $450 million at auction. While most of us could never dream of owning something so valuable, for billionaires, it’s just another day in the life.
(Very) Expensive Parties
Billionaires also love to throw expensive parties. From private concerts to extravagant fireworks displays, these parties can cost millions of dollars. For example, the wedding of Prince William and Kate Middleton reportedly cost over $34 million.
Billionaires are known for their extravagant purchases, and these 11 items are just the tip of the iceberg. From private islands to superyachts, the ultra-rich spare no expense when it comes to their purchases. While most of us could never dream of affording these items, for billionaires, they are just another way to show off their wealth and status.
References for « What do billionaires buy? »
- CNBC: What do billionaires buy? A look into their spending habits
- Business Insider: 9 things billionaires spend their money on that you can actually afford
- Forbes: The Most Expensive Things Money Can Buy
- Investopedia: How Billionaires Spend Their Money
- TheRichest: 10 Things Billionaires Buy That You Can’t Even Dream Of
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