How Many Anchor Babies Spend Social Security Money
There's enough of information out there near how billionaires make their money, but we don't know nigh every bit much about how they spend it. And because there are and so many new billionaires, the world really could use a Lifestyles of the Rich and Famous reboot.
What kind of jet does Jeff Bezos accept? What cool characteristic is in Elon Musk's firm? Let's dig into the well-nigh expensive purchases, donations and investments of the globe's billionaires.
Jeff Bezos Spent $65 Million on a Private Jet
Have you heard of a Gulfstream G650ER? This luxury private jet may be unheard of to the boilerplate person, only it's one of Amazon CEO Jeff Bezos's favorite ways to go around. This individual jet only seats 8 passengers, and that'south enough for Bezos.
The going price for these private planes is around $65 meg. They can advance to record speeds, and they come with 4 separate living spaces. Although eight passengers can fit, the passengers tin can decide whether to sit down effectually a table, sit on the couch, sit lone or sit down with friends. Bezos's plane probably has other unique features, too.
As the CEO of the Tesla car make, you might think that a souped-up Tesla would be Elon Musk's fanciest ride. While he might ain expensive cars, 1 of them is extremely rare. He purchased the beauty at an auction in London for no less than $100,000.
The machine is a 1976 Lotus Esprit. Y'all may have never heard of it, but 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 Esprit-shaped submarine was created for filming the film, though.
Kochouseph Chittilappilly Gave $79 Million to Charity
Kochouseph Chittilappilly is an Indian billionaire who made his fortune in the electronics and appliances business. Although he'due south still working, he'south now well into his sixties. While most people spend this stage of life vacationing and taking it like shooting fish in a barrel, this billionaire has started a new project — the K. Chittilappilly Foundation.
The foundation works in India and helps to give people who are poor and/or commonly discriminated confronting admission to didactics and healthcare. The organization also fights to raise sensation of and funds for organ donation, which is a cause close to Chittilappilly'south heart because he donated a kidney.
Mark Cuban Has a $40-million Fourth dimension-saver
Mark Cuban is the owner of the Dallas Mavericks and is a serial investor. He earned his spot in the Guinness Book of Globe Records when he bought a $xl million Gulfstream private jet via the internet. That was the most money an individual had spent on a unmarried purchase online.
Although a private jet may seem like a luxurious splurge, Cuban had applied reasons for getting 1. The i thing fifty-fifty a billionaire cannot purchase is time, only Cuban says he'southward able to save copious amounts of it by not having to tailor his hectic schedules around commercial flights.
Bill Gates Gave $10 Billion to Three Charities
Access to healthcare is close to Pecker Gates's center. 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 Brotherhood, the Global Polio Eradication Initiative and the Global Fund all work in different areas of the earth to ensure that people in the poorest, nearly remote places are able to get vaccines and medication. Collectively, he gave $10 billion to the three organizations, and they have done an estimated $200 one thousand thousand worth of good for the globe so far with his generous donations.
Mark Zuckerberg Owns a Sweet $72.8-one thousand thousand Hawaiian Estate
Farming is the final thing that comes to people'due south minds when they think of Mark Zuckerberg, the Facebook founder. But Zuckerberg happens to exist the owner of a huge carbohydrate cane plantation in Hawaii. The plantation, which covers around 700 acres, sits abreast a breathtaking white sand embankment.
Some people buy vacation homes, merely Marker Zuckerberg paid nearly $100 meg for a vacation manor. In addition to providing countless vacations for a lifetime, Zuckerberg's sprawling Hawaiian manor is also an investment because he tin can profit from the thousands of pounds worth of carbohydrate cane produced on the plantation.
Pecker Gates Had a $40-million "Big Splurge"
Private jets are to billionaires what cars are to thousandaires. It makes sense that Beak Gates, the richest homo in the world for several years, would have ane of the nigh expensive ones. Unlike commercial planes, private jets have just a few seats.
Neb 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 ii kitchens, ii bathrooms and a bedroom. There's plenty of room for Gates, his guests and his crew.
Adam Neuman'southward $21-million-dollar Home 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 estate investments. The Bay Area is known for being a hotbed for plenty of cutting-edge engineering science companies.
It merely fits that San Francisco is where Neuman bought one of his near expensive homes. The firm cost $21 1000000, and information technology's full of unique features. One of the many rooms in the home is shaped but like a guitar. If Neuman ever wants to sell, this exclusive feature will likely concenter enough of buyers — if they can beget information technology.
Neb Gates Paid $xxx One thousand thousand for a Leonardo da Vinci Manuscript
Leonardo da Vinci was an accomplished artist and scientist. Over the years, much of his life's piece of work has been discovered. Some of his lesser-known works include sketchbooks and half-finished scientific musings. Bill Gates is the proud owner of the $30-meg Codex Leicester.
Although da Vinci never went to Leicester, the manuscript is named later on the Earl of Leicester, who bought the book when it 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 Island, the private island that he bought. Branson purchased the 74-acre island before he was a billionaire when he could merely beget to pay around $100,000 for information technology.
The island'south original request cost was $6 meg, so the owner was understandably offended by Branson's low offering. When the isle was however for sale a year later, Branson was able to negotiate a $180,000 request price. Hurricane Maria devastated Necker Isle, simply it's on the fashion to becoming the stunning oasis it once was.
Elon Musk Bought a $17-meg House in Bel Air
Similar The Fresh Prince, Elon Musk lives in a mansion in Bel Air. Of grade, he owns impressive backdrop all over the world, merely his Bel Air mansion is one of the more lavish homes Musk has. He purchased the jaw-dropping house for $17 million.
In add-on to the luxurious living quarters, there's a two-story private library full of Musk'due south favorite books. For entertaining guests, Musk has a sprawling wine cellar. The cellar houses 1,000 bottles of the finest wines on Globe. This home is one 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 called Musashi that's most 300 feet long. The aesthetic elements of the yacht are influenced by traditional Japanese decor. It has its own movie theater and a glass elevator.
At that place's room for xviii passengers and a coiffure of more than 20 people to alive comfortably on this mega yacht. It takes 4 diesel engines to proceed the Musashi moving. If you think the Musashi is nice, your jaw would drop at the features in the Rising Sun, an fifty-fifty bigger yacht that Ellison sold for $300 meg.
Bill Gates Paid $161 One thousand thousand to Be Part Owner of the Ritz Carlton
In improver to running Microsoft and the Bill & Melinda Gates Foundation, Bill Gates is also the founder of Pour Investment. Through the company, Bill Gates and other private investors brand large purchases of businesses and properties together. Bill Gates contributed $161 million towards the investment group's purchase of the iconic Ritz Carlton in San Francisco.
Bated from Gates'southward big contribution, many other investors paid towards the full request price of the hotel. On superlative of ever having a neat place to stay in San Francisco, Gates also earns income from the profits that come from guests staying in that location.
Michael Dell Paid $xl Meg for a 4 Seasons Penthouse
Enough of people take a favorite room in a hotel, only very few people are able to buy said room. Michael Dell, the namesake founder of computer company Dell, purchased the penthouse of The Four Seasons in Boston. Dell'due south is ane of three penthouses built in the skyscraper.
The Four Seasons complex is over sixty stories high, and it includes a hotel and residential areas, all built past the hospitality giant. The penthouse has at least four bedrooms, and it boasts amazing views of the Boston skyline. Some of the amenities include a spa, an indoor golf simulator and a puddle.
Jeff Bezos Spent His Holiday on a Submarine
It's not all almost the things money tin can buy. Experiences provide memories that final a lifetime. Jeff Bezos lived on a submarine for a 3-calendar week holiday of sorts. He and his team explored the ocean floor for artifacts.
They constitute the booster rockets from the Apollo 11 launch, and Bezos donated the wreckage to Seattle's Museum of Flight. There's not a public cost tag for this circuit, but information technology'southward safe to say that Bezos had to pay a pretty penny. He does this kind of thing so often that he has a blog chosen Bezos Expeditions.
Oprah Winfrey Bought ten% of Weight Watchers for $43 Meg
Weight Watchers, at present known as WW, has been a large player in the multi-billion-dollar weight-loss industry for decades. Oprah Winfrey claimed a stake in the iconic brand when she paid $43 million for ten% of the visitor in 2015.
Since then, she has seen more than than a ten-fold return on her investment. In addition, Winfrey, who has e'er been a trendsetter, makes for 1 useful make administrator. She'south a lath fellow member at WW and makes frequent appearances in the company'southward advertisements. The brand continues to find innovative ways to remain relevant in the irresolute world of nutrition.
Larry Page and Sergey Brin Bought a Private Airdrome for $82 Million
Enough 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'due south unclear whether their private airport is used for Google concern, for personal pleasance 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 caused as a joint purchase. Page 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 visitor, he was able to explore his love of photography. Dell purchased a collection of more 180,000 pictures. It's unclear how much he paid, but it'due south valued at around $100 1000000.
Although Dell owns the humongous vintage photograph collection, the photos are in the possession of the University of Texas at Austin. In addition to being extremely valuable, the pictures give enough of historical, scientific and sociological insights.
Steve Cohen Bought a Preserved Shark for $8 1000000
People accept a lot of foreign decorations in their homes. Some people have dolls that are…less than adorable. Others have pictures with optics that seem to follow yous effectually the room. If you always have the pleasure of visiting Steve Cohen, y'all may just see a shark in the living room.
The shark isn't still living, though. It floats suspended in a mixture of formaldehyde and alcohol. When this preserved shark was start fabricated, it was role of an fine art exhibit that sold for virtually $100,000. Since then, its value increased significantly, and Steve Cohen purchased information technology.
Oprah Winfrey Has Spent $140 Million on the Gift of Education
Oprah Winfrey grew up in poverty in rural America. Her life changed when she went to college and learned the skills necessary to further her career. Millions of young women become stuck in a cycle of poverty merely because their families cannot afford an education.
In 2007, Oprah opened up a school for girls in Africa. Since then, Oprah has been ground the bill (over $140 million to engagement) for everything necessary to go on the schoolhouse running and give students the resources they need to succeed. This ongoing philanthropic cause has been life-irresolute for the girls involved with this unique school.
Alice Walton Paid $88.8 Million for Artwork
Alice Walton, the Walmart heiress, paid $88.8 million for a highly sought-afterwards 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 sale house, Christie's, just it wasn't her first foray into the earth of fine art. She owns the Crystal Bridges Museum of American Fine art in her home town of Bentonville, Arkansas. Walton is the owner of one of Georgia O'Keeffe'south original works of art. She also has a private art collection outside of the museum.
Laurene Powell Jobs Donated $l Million Toward Teaching Reform
Laurene Powell Jobs, the widow of Apple founder Steve Jobs, is using her large fortune for philanthropy. She founded the Emerson Collective, a company that invests in startups and nonprofits that help the environment, immigrants and education. She has donated $50 million of her funds towards XQ: The Super School Project.
Powell Jobs is concerned that traditional loftier schools don't adequately prepare students for the current task market, and she wants to ensure students become enough grooming in engineering science. She plans to give the money to five innovative teams that come up up with loftier schoolhouse models that tin address these needs.
Sergey Brin Pays $1,760 a Month for Trapeze Lessons
Some people enjoy painting. Others savor tennis. What kind of hobbies does a billionaire have? Google co-founder Sergey Brin spends his free time flying through the air on a trapeze. New York is a prove biz city, and regular trapeze lessons are available at Circus Warehouse.
Brin has been taking lessons for some time. A month'south worth of lessons costs $1,760. To put that into perspective, this billionaire spends more than the average American pays for housing each month on recreational action. With all of the lessons, mayhap Brin will brand an appearance in a circus ane day.
Oprah Winfrey Spent $9.2 One thousand thousand on a Holiday 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 10 days, Oprah and more than than a hundred employees cruised around and beyond the Mediterranean region.
The cruise went to Turkey, Hellenic republic, Kingdom of spain, Malta and Italia on the all-expenses-paid vacation of a lifetime. Needless to say, Oprah has a very large staff, so there were plenty of people in attendance on the cruise. No wonder the gesture price Oprah $ix.2 million. That's one way of bonding with workmates!
Kylie Jenner Spent More Than $400,000 on a Purse Collection
Kylie Jenner is more than a reality star. Although her family name may have helped her become famous, her family unit didn't build a cosmetics line for her. This young billionaire has an impressive handbag collection. She's acquired it over time, and information technology'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 yous can purchase in the regular high-end boutiques, though. Rather, Jenner has nerveless exclusive designs that were sold for a limited time.
Michael Dell and Rob Walton Own a $280-million Hawaiian Hotel
Michael Dell is the founder of Dell, and Rob Walton is the son of Walmart'southward founder. Back in 2006, the ii billionaires purchased the tropical Four Seasons Resort in Hualalai, Hawaii. A 4 Seasons in Hawaii can but be luxurious, but this hotel really takes the cake.
The location has won plenty of hospitality-industry awards. Rooms with breathtaking Pacific Ocean views are listed for around $18,000 nightly. These two concern-minded billionaires made a fun purchase that as well pays for itself in profits. The investment grouping that represents Dell and Walton paid $280 million for the hotel.
Marking Zuckerberg Spent $1.3 Million on a Car You've Probably Never Heard Of
Marker Zuckerberg, like some other billionaires, isn't known for being flashy. He has a lot of money, merely his college-student fashion sense and the car he drives don't necessarily bear witness it. Although he's oft photographed cruising effectually in a Honda Fit, Zuckerberg does accept a sports car one would expect from a young billionaire.
He paid $1.3 million for a Pagani Huayra. This Italian car is associated with the Pirelli brand, although it has a line of its own. The super-fast cars took the luxury automobile earth past storm when they debuted in 2011.
Larry Ellison Paid $600 1000000 for a Slice of Hawaii
Larry Ellison is the majority owner of the Hawaiian island Lanai. This private isle has been an oasis for the richest people in the globe. Although information technology's considered part of Hawaii today, the isle was its ain nation until it became part of Hawaii's monarchy in the early 1800s.
The island 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 visitor) endemic and turned information technology into a luxury resort. Ellison bought the majority of the island in 2012.
Azim Premji Donated 67% of His Shares to Charity
Azim Premji is the CEO of Indian tech giant Wipro. Wipro, founded by Premji's father, started off as 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 unit, Premji donates them to his charitable organization.
The Azim Premji Foundation helps less fortunate children and adults get access to education, which can mean the departure between living in poverty and getting a job that sustains a family. With $21 billion in donations, Premji'due south foundation even opened a university.
Larry Ellison Splurged on Fighter Jets
Larry Ellison is a licensed pilot, and so this purchase is another reason for him to indulge in an atypical — at to the lowest degree for the residuum of us — hobby. Ellison bought the fighter jets from Italy and the former Soviet Marriage.
These are decommissioned jets that were used past their corresponding governments. The U.S. government even forbade Ellison from importing the jets into the state. He already owns a private island, so he can surely find a place where it's 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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