Do I Have To Spend Insurance Money On Repairs
There's plenty of information out at that place about how billionaires brand their money, but we don't know nigh as much nigh how they spend it. And because there are so many new billionaires, the earth really could use a Lifestyles of the Rich and Famous reboot.
What kind of jet does Jeff Bezos have? What absurd feature is in Elon Musk's house? Let's dig into the nigh expensive purchases, donations and investments of the earth'south billionaires.
Jeff Bezos Spent $65 Million on a Individual Jet
Have you heard of a Gulfstream G650ER? This luxury individual jet may exist unheard of to the average person, but information technology'south ane of Amazon CEO Jeff Bezos'due south favorite ways to get around. This private jet simply seats viii passengers, and that's enough for Bezos.
The going price for these private planes is around $65 million. They can advance to record speeds, and they come with four separate living spaces. Although eight passengers tin can fit, the passengers can decide whether to sit effectually a table, sit on the couch, sit alone or sit with friends. Bezos's plane probably has other unique features, also.
Equally the CEO of the Tesla auto brand, yous might recall that a souped-upwards Tesla would be Elon Musk'due south fanciest ride. While he might own expensive cars, one of them is extremely rare. He purchased the beauty at an auction in London for no less than $100,000.
The car is a 1976 Lotus Esprit. You may have never heard of it, merely you've probably seen it. This car was used in an iconic scene in the James Bond franchise when Bond drove it into the ocean. A special Camaraderie-shaped submarine was created for filming the motion picture, though.
Kochouseph Chittilappilly Gave $79 One thousand thousand to Charity
Kochouseph Chittilappilly is an Indian billionaire who made his fortune in the electronics and appliances business. Although he'southward still working, he's now well into his sixties. While well-nigh people spend this phase of life vacationing and taking information technology easy, this billionaire has started a new project — the Yard. Chittilappilly Foundation.
The foundation works in India and helps to give people who are poor and/or commonly discriminated against access to educational activity and healthcare. The organization also fights to raise awareness of and funds for organ donation, which is a cause close to Chittilappilly'south heart considering he donated a kidney.
Mark Cuban Has a $40-million Time-saver
Marker Cuban is the owner of the Dallas Mavericks and is a serial investor. He earned his spot in the Guinness Volume of Earth Records when he bought a $twoscore million Gulfstream private jet via the internet. That was the most coin an individual had spent on a single purchase online.
Although a private jet may seem like a luxurious splurge, Cuban had practical reasons for getting one. The 1 thing even a billionaire cannot buy is time, but Cuban says he's able to save copious amounts of it past non having to tailor his hectic schedules effectually commercial flights.
Nib Gates Gave $10 Billion to Three Charities
Access to healthcare is close to Bill Gates'southward heart. Preventable diseases and lack of medical supplies are two factors responsible for the deaths of millions of people annually. That'due south why Bill Gates made hefty donations to three organizations.
The Vaccine Alliance, the Global Polio Eradication Initiative and the Global Fund all work in dissimilar areas of the earth to ensure that people in the poorest, most remote places are able to go vaccines and medication. Collectively, he gave $10 billion to the three organizations, and they have done an estimated $200 million worth of good for the world so far with his generous donations.
Mark Zuckerberg Owns a Sweet $72.viii-one thousand thousand Hawaiian Estate
Farming is the last thing that comes to people's minds when they think of Marker Zuckerberg, the Facebook founder. But Zuckerberg happens to be the owner of a huge saccharide cane plantation in Hawaii. The plantation, which covers effectually 700 acres, sits beside a breathtaking white sand beach.
Some people buy vacation homes, only Marking Zuckerberg paid almost $100 million for a vacation estate. In addition to providing countless vacations for a lifetime, Zuckerberg'southward sprawling Hawaiian estate is likewise an investment because he can turn a profit from the thousands of pounds worth of sugar cane produced on the plantation.
Bill Gates Had a $40-million "Big Splurge"
Private jets are to billionaires what cars are to thousandaires. It makes sense that Nib Gates, the richest man in the world for several years, would have ane of the most expensive ones. Unlike commercial planes, private jets have just a few seats.
Bill Gates's $40-1000000 BD-700 Global Express seats 19 people, which allows Gates to travel in style with his guests. He has a nickname for this behemoth in the skies. He calls it Big Splurge. The jet comes with 2 kitchens, two bathrooms and a bedchamber. There's plenty of room for Gates, his guests and his crew.
Adam Neuman's $21-one thousand thousand-dollar Dwelling house Has a Guitar Room
Adam Neuman is the wealthy founder of WeWork. Although he has stepped away from the company, that hasn't stopped him from making plenty of real manor investments. The Bay Area is known for being a hotbed for plenty of cutting-edge technology companies.
It only fits that San Francisco is where Neuman bought one of his most expensive homes. The house cost $21 million, and it's full of unique features. I of the many rooms in the habitation is shaped merely like a guitar. If Neuman ever wants to sell, this sectional feature volition probable concenter plenty of buyers — if they can afford it.
Bill Gates Paid $30 Million for a Leonardo da Vinci Manuscript
Leonardo da Vinci was an accomplished artist and scientist. Over the years, much of his life's work has been discovered. Some of his lesser-known works include sketchbooks and half-finished scientific musings. Neb Gates is the proud owner of the $30-one thousand thousand Codex Leicester.
Although da Vinci never went to Leicester, the manuscript is named later on the Earl of Leicester, who bought the book when information technology was initially discovered. The antiquated journal is written in Italian, and it includes detailed sketches and explanations of experiments da Vinci was working on. Gates has loaned the manuscript to museums across the country.
Richard Branson Bought an Island for $180,000
Sir Richard Branson is the entrepreneurial genius behind the Virgin brands. He lives on Necker Isle, the private island that he bought. Branson purchased the 74-acre island before he was a billionaire when he could only afford to pay effectually $100,000 for information technology.
The island's original asking cost was $6 million, so the owner was understandably offended past Branson'southward low offering. When the island was still for auction a year later on, Branson was able to negotiate a $180,000 request toll. Hurricane Maria devastated Necker Island, simply it'due south on the way to condign the stunning oasis information technology once was.
Elon Musk Bought a $17-meg House in Bel Air
Like The Fresh Prince, Elon Musk lives in a mansion in Bel Air. Of course, he owns impressive properties all over the world, but his Bel Air mansion is one of the more lavish homes Musk has. He purchased the jaw-dropping house for $17 million.
In addition to the luxurious living quarters, there's a two-story individual library total of Musk's favorite books. For entertaining guests, Musk has a sprawling wine cellar. The cellar houses 1,000 bottles of the finest wines on World. This home is 1 of several that Musk owns in the aforementioned sectional neighborhood.
Larry Ellison Bought Some Amazing Yachts
Larry Ellison, the technologically inclined mind behind Oracle, owns a yacht chosen Musashi that's virtually 300 feet long. The aesthetic elements of the yacht are influenced by traditional Japanese decor. Information technology has its ain picture palace and a glass elevator.
At that place'south room for 18 passengers and a coiffure of more than xx people to live comfortably on this mega yacht. It takes four diesel engines to keep the Musashi moving. If yous remember the Musashi is prissy, your jaw would drib at the features in the Rising Sun, an even bigger yacht that Ellison sold for $300 million.
Bill Gates Paid $161 Meg to Be Office Possessor of the Ritz Carlton
In addition to running Microsoft and the Pecker & Melinda Gates Foundation, Bill Gates is also the founder of Cascade Investment. Through the company, Neb Gates and other private investors make large purchases of businesses and backdrop together. Bill Gates contributed $161 million towards the investment group'south purchase of the iconic Ritz Carlton in San Francisco.
Aside from Gates'southward large contribution, many other investors paid towards the total asking price of the hotel. On height of e'er having a dandy identify to stay in San Francisco, Gates too earns income from the profits that come from guests staying there.
Michael Dell Paid $forty One thousand thousand for a Four Seasons Penthouse
Enough of people take a favorite room in a hotel, just very few people are able to buy said room. Michael Dell, the namesake founder of computer company Dell, purchased the penthouse of The 4 Seasons in Boston. Dell'south is one of iii penthouses congenital in the skyscraper.
The Four Seasons complex is over 60 stories loftier, and information technology includes a hotel and residential areas, all built past the hospitality behemothic. The penthouse has at to the lowest degree four bedrooms, and information technology boasts amazing views of the Boston skyline. Some of the amenities include a spa, an indoor golf simulator and a pool.
Jeff Bezos Spent His Vacation on a Submarine
It's not all nearly the things money tin purchase. Experiences provide memories that last a lifetime. Jeff Bezos lived on a submarine for a three-week vacation of sorts. He and his team explored the ocean floor for artifacts.
They found the booster rockets from the Apollo 11 launch, and Bezos donated the wreckage to Seattle'south Museum of Flight. There's not a public price tag for this circuit, but it'southward safety to say that Bezos had to pay a pretty penny. He does this kind of matter so oftentimes that he has a blog called Bezos Expeditions.
Oprah Winfrey Bought 10% of Weight Watchers for $43 Million
Weight Watchers, at present known every bit WW, has been a large player in the multi-billion-dollar weight-loss industry for decades. Oprah Winfrey claimed a stake in the iconic make when she paid $43 million for ten% of the company in 2015.
Since then, she has seen more than than a ten-fold return on her investment. In addition, Winfrey, who has always been a trendsetter, makes for 1 useful brand administrator. She's a board member at WW and makes frequent appearances in the company's advertisements. The make continues to find innovative ways to remain relevant in the changing globe of diet.
Larry Folio and Sergey Brin Bought a Private Drome for $82 Million
Plenty of billionaires own individual jets, but how many tin can say they own private airports? Google co-founders Sergey Brin and Larry Page purchased a private airport together for $82 million. It's unclear whether their individual airport is used for Google business organisation, for personal pleasure or for both.
While the airport doesn't accept commercial flights, one of the planes that makes frequent appearances is the Boeing 767-200 that the Google co-founders acquired as a joint purchase. Folio and Brin certainly don't seem to be getting tired of each other. Friends who work hard together play hard together.
Michael Dell Has Spent $100 Million on His Photography Collection
MSD Capital is the company Michael Dell uses to grow and distribute his wealth. Through the company, he was able to explore his dearest of photography. Dell purchased a collection of more than 180,000 pictures. Information technology's unclear how much he paid, only it's valued at around $100 one thousand thousand.
Although Dell owns the humongous vintage photo collection, the photos are in the possession of the University of Texas at Austin. In improver to being extremely valuable, the pictures give plenty of historical, scientific and sociological insights.
Steve Cohen Bought a Preserved Shark for $8 Million
People accept a lot of strange decorations in their homes. Some people have dolls that are…less than adorable. Others have pictures with eyes that seem to follow you around the room. If you always take the pleasure of visiting Steve Cohen, you may just see a shark in the living room.
The shark isn't still living, though. Information technology floats suspended in a mixture of formaldehyde and alcohol. When this preserved shark was first made, information technology was part of an art exhibit that sold for nearly $100,000. Since then, its value increased significantly, and Steve Cohen purchased it.
Oprah Winfrey Has Spent $140 Million on the Souvenir of Instruction
Oprah Winfrey grew up in poverty in rural America. Her life changed when she went to college and learned the skills necessary to farther her career. Millions of young women go stuck in a wheel of poverty simply because their families cannot afford an education.
In 2007, Oprah opened upwardly a school for girls in Africa. Since then, Oprah has been footing the bill (over $140 million to date) for everything necessary to keep the school running and give students the resources they need to succeed. This ongoing philanthropic cause has been life-changing for the girls involved with this unique school.
Alice Walton Paid $88.eight Meg for Artwork
Alice Walton, the Walmart heiress, paid $88.8 million for a highly sought-later on Robert Rauschenberg silkscreen painting. The painting, chosen "Buffalo II," depicts the late President John F. Kennedy, along with other historically significant symbols.
Walton bought this painting from a famous auction business firm, Christie'south, but it wasn't her first foray into the earth of fine art. She owns the Crystal Bridges Museum of American Art in her home town of Bentonville, Arkansas. Walton is the owner of i of Georgia O'Keeffe'south original works of fine art. She likewise has a private fine art collection outside of the museum.
Laurene Powell Jobs Donated $fifty One thousand thousand Toward Education Reform
Laurene Powell Jobs, the widow of Apple founder Steve Jobs, is using her large fortune for philanthropy. She founded the Emerson Collective, a visitor that invests in startups and nonprofits that help the environment, immigrants and education. She has donated $l one thousand thousand of her funds towards XQ: The Super School Project.
Powell Jobs is concerned that traditional high schools don't adequately set students for the current job market, and she wants to ensure students get plenty preparation in engineering. She plans to give the money to five innovative teams that come up up with high school models that can address these needs.
Sergey Brin Pays $one,760 a Calendar month for Trapeze Lessons
Some people enjoy painting. Others relish tennis. What kind of hobbies does a billionaire have? Google co-founder Sergey Brin spends his free fourth dimension flying through the air on a trapeze. New York is a bear witness biz urban center, and regular trapeze lessons are available at Circus Warehouse.
Brin has been taking lessons for some time. A month's worth of lessons costs $one,760. To put that into perspective, this billionaire spends more than the average American pays for housing each month on recreational activity. With all of the lessons, maybe Brin will make an advent in a circus one twenty-four hours.
Oprah Winfrey Spent $nine.two Meg on a Vacation for Her Staff
On her talk show, Oprah Winfrey was known for giving expensive gifts to everyone in her audience. She did the same for all of her staff members in 2009. For ten days, Oprah and more than a hundred employees cruised effectually and across the Mediterranean region.
The cruise went to Turkey, Greece, Spain, Malta and Italian republic on the all-expenses-paid holiday of a lifetime. Needless to say, Oprah has a very large staff, and so at that place were plenty of people in attendance on the cruise. No wonder the gesture price Oprah $9.ii 1000000. That'southward one way of bonding with workmates!
Kylie Jenner Spent More Than $400,000 on a Handbag Drove
Kylie Jenner is more than than a reality star. Although her family proper noun may take helped her become famous, her family didn't build a cosmetics line for her. This young billionaire has an impressive pocketbook drove. She's acquired it over time, and it's estimated to be worth at least $400,000.
The bags are from respected designers such as Hermes, Gucci, Chanel and Louis Vuitton. These aren't the kinds of bags you can buy in the regular high-terminate boutiques, though. Rather, Jenner has nerveless sectional designs that were sold for a limited time.
Michael Dell and Rob Walton Ain a $280-million Hawaiian Hotel
Michael Dell is the founder of Dell, and Rob Walton is the son of Walmart's founder. Back in 2006, the ii billionaires purchased the tropical Four Seasons Resort in Hualalai, Hawaii. A 4 Seasons in Hawaii can only be luxurious, but this hotel really takes the cake.
The location has won plenty of hospitality-industry awards. Rooms with scenic Pacific Ocean views are listed for around $18,000 nightly. These two business-minded billionaires made a fun purchase that also pays for itself in profits. The investment group that represents Dell and Walton paid $280 million for the hotel.
Mark Zuckerberg Spent $1.3 Million on a Car Y'all've Probably Never Heard Of
Mark Zuckerberg, similar another billionaires, isn't known for being flashy. He has a lot of money, but his college-student fashion sense and the motorcar he drives don't necessarily show it. Although he's frequently photographed cruising around in a Honda Fit, Zuckerberg does have a sports car i would look from a young billionaire.
He paid $1.3 million for a Pagani Huayra. This Italian machine is associated with the Pirelli brand, although information technology has a line of its own. The super-fast cars took the luxury machine world past storm when they debuted in 2011.
Larry Ellison Paid $600 Million for a Piece of Hawaii
Larry Ellison is the bulk owner of the Hawaiian island Lanai. This individual island has been an oasis for the richest people in the world. Although it's considered part of Hawaii today, the isle was its own nation until it became office of Hawaii's monarchy in the early 1800s.
The isle has been used for raising cattle and cultivating pineapples. In the 1960s, a tourism visitor called Castle and Cook purchased the 98% of the island that Dole (the fruit company) owned and turned it into a luxury resort. Ellison bought the majority of the isle in 2012.
Azim Premji Donated 67% of His Shares to Clemency
Azim Premji is the CEO of Indian tech giant Wipro. Wipro, founded past Premji's father, started off equally a producer of vegetable oil. Nether Premji's leadership, the company transitioned to the technology sector and excelled in it. Rather than keeping shares of his visitor for himself and his family, Premji donates them to his charitable arrangement.
The Azim Premji Foundation helps less fortunate children and adults go access to education, which tin mean the difference between living in poverty and getting a chore that sustains a family. With $21 billion in donations, Premji'south foundation even opened a academy.
Larry Ellison Splurged on Fighter Jets
Larry Ellison is a licensed pilot, so this purchase is another reason for him to indulge in an singular — at to the lowest degree for the rest of us — hobby. Ellison bought the fighter jets from Italian republic and the former Soviet Union.
These are decommissioned jets that were used by their respective governments. The U.South. government fifty-fifty forbade Ellison from importing the jets into the state. He already owns a private island, and so he tin can surely discover a identify where it'south safe to play with his expensive toys.
Source: https://www.life123.com/lifestyle/billionaires-spend-money?utm_content=params%3Ao%3D740009%26ad%3DdirN%26qo%3DserpIndex
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