According to Forbes, there are exactly 2,640 billionaires in the world. That’s about 0. 00003% of the world’s population.
Despite their rarity, those billionaires are strangely easy to find. After all, birds of the same plumage, especially those of a small litter, pick up their personal jets. At the beginning of the year, they descend en masse on Davos. In July, they flew to Sun Valley. In December, their yachts anchored in St. Louis. Barth.
This is where billionaires socialize, travel, exchange, and relax, and how you can sign up for them, for a small price, of course.
After billionaires shake off the New Year’s hangover, many flock to Switzerland to attend the World Economic Forum’s annual meeting in Davos to attend lavish dinners, hit the slopes and talk about the global factor of the day.
The official event is by invitation only and prices vary by the tens of thousands per ticket. But those who need to rub shoulders with the participants – think Bill Gates, Marc Benioff and Mark Zuckerberg – are not absolutely excluded from the Alpine resort.
Many luxury hotels in Davos, such as the Steigenberger Grandhotel Belvedere and the AlpenGold, are closed to the public, so it’s best to rent an apartment. However, they don’t come cheap. Local media reported that rents were 10 times higher than the same prices last year. An apartment with two double beds and a sofa bed costs about $27,500 to rent for the five nights of the conference.
And good luck locating food. With a maximum of restaurants booked for convention events, you may have to pay $43 for a hot dog.
The NFL is some of the most popular toys of the ultra-rich: Walmart’s Rob Walton owns the Broncos, hedge fund manager David Tepper owns the Panthers, real estate mogul Stanley Kroenke owns the Rams, Jerry Jones controls the Cowboys, and more.
So it’s no surprise that several billionaires gather each year to watch the biggest game in sports, even if Super Bowl weekend as a billionaire is much more than wings and wonderful commercials.
Organising committees and agencies have selected luxury reports for the wealthiest football fans, which charge six figures and come with chartered jets, five-star accommodation and access to the pitch after the match. Suites for this season’s Las Vegas game charge up to $3 million. on the Suite Luxury Group rental platform.
Then there are the personal parties, known for their superstar performers, in some cases familiar with billionaires. Last year, DJ D-Sol, also known as David Solomon, CEO of Goldman Sachs, allegedly participated in a party attended by billionaires. such as Jeff Bezos and Apollo co-founder Josh Harris.
Last year marked the grand reopening of Hong Kong’s Art Basel after a three-year hiatus due to the coronavirus. Wealthy Chinese have been sharing vehicles on personal jets to get to the show, Bloomberg reported, and have spent millions to climb into their collections. .
As part of a shrewd move of plans, the 2023 art fair coincided with the Wealth for Good Summit. The conference, which aims to get more family offices set up shop in the city, featured billionaires such as Yahoo co-founder Jerry. Yang, Neil Shen of Sequoia Capital China and local real estate tycoon Adam Kwok among the attendees.
Artsy recorded more than a dozen seven-figure sales at the art fair, adding works such as George Condo’s “Purple Compression” and Kazuo Shiraga’s “Kisan,” which sold for $4. 75 million and $5 million, respectively. position in 2018, when Microsoft co-founder Paul Allen sold Willem de Kooning’s “Untitled XII, 1975” for $35 million to a collector.
Forget Easter. The first signs of spring mean one for billionaires: golf.
Each year, the Masters Tournament kicks off the major professional golf championships at Augusta National. Georgia’s famously exclusive club, which women were not allowed to join until 2012, has several billionaires among its members.
Friends Warren Buffett and Bill Gates, as well as Warren Stephens, David Ziff and Stanley Druckenmiller, belong to the club, Bloomberg reported in 2015.
Every year, a bunch of personal planes land at airports around Augusta, according to data from aircraft tracker JetSpy.
According to Jetspy, billionaires including former Nike CEO Phil Knight, hotelier Robert Rowling and investor Herbert Allen Jr. landed planes for last year’s tournament. So did Tiger Woods, the billionaire who won the Masters.
His victory means he is the proud owner of one of Augusta National’s iconic green jackets, which are reserved for Masters members and winners.
The secret club has never specified its club process, however, it is by invitation only and new members can only sign up when existing members leave.
However, you can take a look at some of the biggest names in the business world. Tickets to the Masters can be obtained through a lottery formula or for up to $10,000 on the secondary market.
Summer starts early for billionaires, who dock their yachts for the Cannes Film Festival at the end of May. Although the occasion is technically reserved for industry professionals, according to their website, the super-rich can, of course, pay to play. For them, it’s as much an opportunity to catch a glimpse of the Oscar winners as it is to socialize with the stars of the Croisette.
It’s one of the first stops on Jeff Bezos’ big first excursion in 2023 with his $500 million superyacht Koru, which landed to attend the Vanity Fair party at the Hotel du Cap-Eden-Roc, a favorite spot of the very rich and those who woo them. Other visitors included stars Robert De Niro, Naomi Campbell and Pedro Almodóvar. In recent years, David Geffen and Len Blavatnik have performed at the same event.
Billionaires such as François-Henri Pinault and the late Paul Allen hosted their own parties at the film festival: the former hosts the annual Kering Women in Motion dinner, while the latter is known for its theme nights on yachts.
Noticeably absent from the Côte d’Azur this year? The yachts of Russian oligarchs.
While many billionaires spend the month of June in the Hamptons or across the Mediterranean, some prefer to spend it in drier lands. The billionaires taking part in Royal Ascot – an annual horse race held a few miles from London – are, unsurprisingly, members of the British. Royal Family.
But many other members of the three-comma club, with their hats, are present. The wealthy crowd is different from that of a typical F1 Grand Prix, and some billionaire horse owners – such as Alain and Chanel’s Gerard Wertheimer; the maritime descendants of the Niarchos family; Kirsten Rausing, heiress of Tetra Pak; and the wealthy Anthony Bamford, were even given some share in the game.
For more than two hundred years, Royal Ascot has been open to the public (around 300,000 people attend the five-day event), but don’t expect to get up close and personal with the rich and famous. It requires a special application process, adding the presence of two sponsors. In addition, there is a strict dress code: no thin suspenders or bow ties are allowed, and children under the age of 10 are allowed.
Every July, personal planes descend over the small town of Hailey, Idaho, to attend the summer conference in Davos: the Allen Conference.
Since 1983, Allen investment
The convention is known for the agreements made between rounds of golf, guided hikes, rafting, and tennis matches. It’s where Jeff Bezos got the Washington Post for $250 million in 2013 and where the seeds were planted for Disney’s $19 billion acquisition of ABC in 1995. .
The holiday and business gathering is by invitation and is almost reserved for the masters of the universe dressed in vests and zippers, as well as their entourage. Security is tight, and even the press is away from most gears and transactions.
But when the convention is underway, you can also stay at the Sun Valley Lodge, the retreat that features a year-round ice rink, a luxury spa, and a pool with mountain views. Maximum basic rooms charge more than $500 per night in the summer, and suites charge more than $1,500. But don’t worry about the billionaires, Allen
At first glance, Burning Man, the anti-capitalist art and music festival held in the Nevada desert, doesn’t seem like an event for billionaires. But the richest people in the world don’t seem to care if they’re wanted or not. .
Since the 1990s, attending Burning Man has been something of a prestige symbol for the tech elite. Google’s founders, Sergey Brin and Larry Page, are longtime Burners (the festival animated the first Google Doodle), as is Eric Schmidt, who they chose to be Google’s CEO.
Also in attendance were Facebook co-founders Dustin Moskowitz and Mark Zuckerberg, as well as Uber co-founder Garrett Camp. Even Ray Dalio, the billionaire hedge fund manager, wanted to see what all the fuss was about, sporting psychedelic flared pants. and join the party in 2019.
Many celebrities and billionaires’ reports of the Beach rely less on the festival’s principles of “decommodification” and “leave no trace” than on principles of “immediacy,” such as instant gratification. They board charter planes to the short-lived Black at Rock City Airport, a transient runway built for the occasion; in deceptive artsy cars (essentially fancy golf carts); And ditch rustic tents and opt for fancier campgrounds with furnishings, air-conditioning, and private chefs who charge six figures for their services.
All of this could possibly be why there was a heavy dose of schadenfreude when Burning Man was submerged, literally.
There are yachts, and then there are superyachts, and there are plenty of them at the Monaco Boat Show in Monte Carlo, where billionaires gather at the end of the summer to show off their new toys. (There are also, technically, megayachts, still for plebeian purposes, they’re the same thing. )
The more than one hundred ships have an average length of 165 feet and feature elevators, bars, spas, pools, gyms, hot tubs and helipads, more than one. Jet skis and submersibles are popular add-ons.
In the past, yachts owned by billionaires such as Paul Allen, Steve Wynn and Pier Luigi Loro Piana were exhibited at the show, and some could be purchased for sale or for rent. The occasion is also a favorite of Russia’s wealthy oligarchs, though sanctions have prevented them from attending in recent years.
If you’re looking for boats you can’t see, or maybe you know a billionaire who invites you to get on theirs, you’re in luck: the Monaco Yacht Show is open to the public for a whopping $600, or $640, consistently. with the day.
The Frieze Art Fair, held annually in London, attracts the wealthy (and the staff of the wealthy) from around the world to add fresh and much-loved art to their collections. (For those who prefer pre-21st-century art, there are the Frieze Masters nearby. )
In years past, creditors such as Steve Cohen of Point72, diamond titan Laurence Graff and hedge fund legend Louis Bacon’s wife, Gabrielle, have been discovered. Although the works those customers have purchased tend to be kept secret, the pieces charge millions of dollars each year.
While anyone can buy tickets to the fair (this year for just £46 or $57), the parties surrounding Frieze Week are a safer position to spot a billionaire, or his younger, bolder heirs. These years show Gordon Getty’s granddaughter, Ivy Getty, Cohen’s daughter, Sophia, and Roger Penske’s granddaughter, Sophia, mingling with art-world celebrities and perhaps six-figure art to add to their initial collections.
The Debutante Dance continues the centuries-old culture of outstanding women reminding society that they are outstanding.
The ball is by invitation only and no one, not even billionaires, can buy its price; at least that’s what Ophélie Renouard, founder of the existing version of the dance, told Insider. Each year, Renouard selects a cohort of about twenty women who go to Paris for a weekend of photo shoots, makeup and hairdressing appointments, and classic waltzes.
Previous debutantes come with royals such as Princess Hélène d’Orléans and Princess Akshita Bhanj Deo; young Hollywood elites like Forest Whitaker’s daughters, Autumn and True, and Ava, the daughter of Reese Witherspoon and Ryan Phillipe; and, of course, heiresses to multimillion-dollar fortunes such as Araminta Mellon, Kayla Rockefeller, Laila Blavatnik and Amanda Hearst, accompanied by their very rich and tough parents.
As is the case with the rich (and wealthy Nepalese kids in particular), things are free: weekend dance classes, couture dresses, glamorous groups, and jewelry are all paid for through sponsors.
Billionaires celebrate the New Year probably anywhere except in their homes. And while Aspen and the Maldives are popular choices for the winter elite, there’s nowhere there are more billionaires per square foot of vacation than St. Barthelemy.
In recent years, the Caribbean island, formerly St. Barthelemy, has attracted yachts owned by David Geffen, Barry Diller and Diane von Furstenberg, as well as Bernard Arnault, for the holidays.
Unfortunately for the rich poor, one of St. Bartholomew’s most famous New Year’s Eve parties will be canceled this year. Roman Abramovich, former Chelsea FC owner, sanctioned Russian billionaire and unlikely hero of St. Barthélemy, will hold his extravagant, multimillion-dollar show, which featured performances by Prince and Beyoncé; millions of food and alcohol; and visitors such as Orlando Bloom and Rupert Murdoch.
I guess they’ll have to buy Nikki Beach party tickets like the rest of us.
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