5 Amazing Hobbies You Can Do When You’re a Millionaire
Being a millionaire opens up a world of possibilities for you to do anything your heart desires. Not only can you enjoy amazing holidays, cars, and the finest cuisine in the world, it also means you can try some amazing hobbies us average income earners just can’t afford.
From luxury yachting to hot air ballooning, here are 5 of the most luxurious and expensive hobbies you can take up when you’re a millionaire.
Hot Air Ballooning
A hot air balloon gives you spectacular views over the landscape below. Floating up in the clouds can be a magical experience, but it often comes with a hefty price tag.
For $250 dollars per person for a 90-minute ride – it can be an expensive hobby to do on a weekly basis.
It is even more expensive if you wanted to learn how to fly a hot air balloon, with the cost of a pilot license being upwards of $8,000 dollars and the price of a hot air balloon can be upwards of $20,000.
Winemaking
A glass of rose or merlot goes down a treat, but have you ever thought about making your own wine?
Well, some millionaires have taken up winemaking as a hobby. Nothing is spared when you have big money, including purchasing land, hiring staff, and taking a couple of years to get your wine right before it’s even bottled!
In some parts of the Barossa Valley, it can be up to $200,000 per hectare for iconic red varieties. It’s safe to say winemaking can be one expensive hobby!
Yachting
Yachting is a well-known fancy hobby, enjoyed by only the rich.
For a yacht over 100 feet, the cost is around $1.4 million per 3.3 feet, so you need a pretty big bank account if you want to buy one, not to mention the upkeep that comes along with it.
While it may be fun to take on the seas in a luxurious yacht, it is a hobby that only a few of us can afford.
Polo
Polo is a prestigious sport, perhaps most well known for being enjoyed by the Royal Family. Prince Harry, Prince William, Prince Charles, Prince Phillip, and George VI have all been polo players.
According to Forbes the cost for an individual to play in a high-goal team is between 1-3 million dollars – this doesn’t include the cost of a horse that can be upwards of $250,000.
Antique Collecting
Collecting antiques is still a much-loved hobby for the people who can afford the considerable price that comes along with it.
A lot of wealthier people enjoy the finer things in life, including fine art and collectibles that are hard to get your hands on. This hobby can make quite a dent in your bank account, with some of the most expensive items valued at $49 million dollars.
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FAQ
How much are yachts?
For a yacht over 100 feet, the cost is around 1.4 million per 3.3 feet.
How much does it cost to play polo?
According to Forbes the cost for an individual to play in a high-goal team is between 1-3 million dollars - this doesn’t include the cost of a horse that can be upwards of $250,000.
How much does a hot air balloon cost?
The price of a hot air balloon can be upwards of $20,000.
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