If you win the lottery, what would you spend your money on?
Due - Due It can be enjoyable to daydream. There is no way of knowing what exciting things and experiences would be available.
Most people stress about inflation, the rising cost of living, and vestment portfolios going down, but most wealthy people don't seem concerned. They are making ridiculous purchases by most people's standards. Most people can't dream of buying these crazy expensive things.
People worry about collecting miles and traveling off-season to afford vacations. Some of the rich are considering leaving the planet.
One of the craziest things the rich are buying is tickets to outer space, a tourist attraction that isn't nearly as crowded as the Eiffel Tower but is more exciting.
The original $250,000 price for a ticket to space was increased to $450,000. We don't know if the flights went up due to increased demand or inflation, but it's a huge amount of money to spend on your next trip. The flights are about 90 minutes long and you can see the Earth from high up.
The other companies on the market are not the only ones. The first all-civilian spaceflight took place in September of 2021. Blue Origin doesn't have a public price yet for their flights, but seats on previous flights have been sold for millions of dollars.
You will need a lot of money to think about leaving Earth.
The next best thing to do is leave the planet. It is possible to own a piece of it. Wealthy people sometimes want to own a private island where they can relax, hang out with friends, or just retreat from the rest of the world.
A lot of celebrities purchase private islands for personal use. The British Virgin Islands' Necker Island was turned into a luxurious resort in 1979. Rich and famous people have bought their own islands. Leonardo Dicaprio bought a private island in the Caribbean. In 2012 Larry Ellison bought 98% of the island of Hawaii.
You need to get there somehow. People with a lot of money can get on a yacht. Many of the super-rich are buying superyachts because regular yacht won't cut it anymore.
What distinguishes a yacht from a super yacht? While there is no technical definition of a superyacht, it can typically host more than ten guests and come with some of the same perks as a luxury villa.
Larry Ellison used to own a 454-foot yacht called theRising Sun that held a movie theatre, personal gym, and a basketball court. He sold it to someone who wanted a bigger yacht. Bill Gates, Jeff Bezos, and Larry Page are billionaires.
It is hard to argue with the idea that a yacht is a symbol of wealth.
Did you know that celebrities can be rented out by wealthy people? You can hire celebrities to perform for you if you have the money.
Celebs have been hired for private events by the rich. Booking agencies can help you find celebrities, athletes, and musicians at the right price.
The leader of Turkmenistan received over a million dollars for a concert by J. Lopez. TheKardashians took payment in exchange for socializing at art events. You can mingle with the rich and famous if you have enough money in your account.
We all need to use the bathroom at some point, so why not surround yourself with luxury while you take care of your business?
People with a lot of money have purchased gold toilets. A toilet covered in 18-karat gold can be purchased for $30,000. You can buy other expensive bathroom accessories such as TVs that fit in heated toilets. If you want to amuse yourself, you can look up the cost of the bathroom for rich people.
You know you are rich when you have a golden credit card and other gold-covered items in your home.
Is it possible to pay $100 for a cup of coffee at Starbucks? If you want the ultimate coffee experience, you need to pay that price.
The high demand and limited quantities make this a sure-fire way to get rich people to buy a product.
The Asian palm civet is a cat-like creature that digests the beans and takes out their bitterness. You will want to add this coffee to your list of things to do when you want to spend a lot of money.
Have you ever heard stories about expensive auctions? You know you have a lot of money when you can go to auctions and bid on expensive items. Being rich allows you to buy what you want.
If you want rare, unique items, auctions are a good place to look. Some of the most interesting auction purchases were found.
Being rich allows you to throw legendary parties that people talk about for a long time. The average person probably throws a party on a budget, but the rich don't.
It costs a lot to throw the biggest party in town with a star- studded guest list. KimKardashian andKanyeWest threw a Christmas party that cost them more than one million dollars. You could only guess the bar tab at a fancy party because they spent a lot on snow.
The Kim and Yeezus party was less expensive than other celebrations. One of the most expensive parties of all time was the 2008 opening night party at the Atlantis.
Is it worse to wait in a long line at the post office or the Department of Motor Vehicles? It would be nice to have to do the same chores over and over again. The monotony of everyday life is something most people can't escape.
The rich can spend a lot of money on things that most people can't. We are talking about more than just food delivery services and lines at amusement parks.
"The hyper-wealthy's time is worth enough that it makes sense to outsourcing things that the layman wouldn't consider outsourcing." It could be worth millions of dollars if someone could get back an hour in time.
The rich can buy more free time if they choose. You don't have to worry about basic chores when you're rich.
We have to make reservations and plan our own. Concierge services are used by the rich for these issues. Booking flights can be one of the concierge services you can get.
The ultra-wealthy are the focus of many luxury concierge services. Those with an average net worth of $5 million are served by The Quintessentially Group. A concierge company has seen clients spend hundreds of thousands of dollars for an event.
The companies work with people who want everything done for them. Some of the most surprising concierge requests were found.
If you have enough money, a concierge service may be able to complete any request you make.
A new service can bring a movie premiere to the comfort of home for rich and famous people.
A few years back, Red Carpet Home Cinema announced that it was looking for 3000 wealthy Americans willing to put up $15,000 for a media server and then $3000 per movie to watch new theatrical releases from the comfort of their home theatre on opening night.
While this service doesn't give users early access to new movies, it does give people the privacy and convenience of home viewing. It is difficult to forecast how a business like this could perform, but it shows you can buy just about anything for the right price.
Most people can't dream of purchases made by the rich. Taking care of your finances is more important than reading about the crazy expensive things wealthy people buy. You can create a better future for yourself and your family if you invest correctly.
The post was first published on Due.
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