Even though they may arrive via private jet, ultra-wealthy travelers often like to travel in large groups and participate in social activities throughout their vacations.
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Affluent Americans eschew busy summer months and tend to travel in the spring or fall; treat themselves to an average of three vacations a year; and shell out an average of nearly $3,000 per trip.
Some top vacation spots of the elite include St. Moritz in Switzerland, Copacabana in Brazil, Necker Island in the British Virgin Islands, Lake Como in Italy, the Hamptons in the USA, Cabo San Lucas in Mexico, Hvar in Croatia, Monaco, and Bora Bora in French Polynesia.
It is a common misconception that wealthy people frequently engage in solo travel. Even though they may arrive via private jet, ultra-wealthy travelers often like to travel in large groups and participate in social activities throughout their vacations.
There are hotels, and then there are luxury hotels favored by the ultra rich. The Bellagio and Caesars Palace are surprisingly popular with the world's richest people.
New York is the wealthiest city in the world?—home to 345,600 millionaires with a total private wealth that exceeds $3 trillion. New York is home to many Fortune 500 companies and is the financial heart of the United States, with the New York Stock Exchange and NASDAQ located in the Big Apple.