Do rich people take vacations?

Paying for pleasurable travel Travel is a constant for most wealthy families, says Jacovino, but the annual amount spent varies because some years a family might plan for a special trip or pay for more extended family members, while other years might be more low-key.



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How billionaires like Jeff Bezos and Richard Branson spend their vacations, from cruising on yachts to visiting private islands. Vacations look a little different for the world's billionaire executives. Some own entire islands in Hawaii or the Caribbean, while others visit lavish vacation homes.

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An American living in a household that makes more than $150,000 is estimated take 4.7 times the vacation days of an average U.S. consumer. Affluent Americans take an average of three six-day vacations a year, according to The Resonance Report 2013.

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Solo travel is cool, but the rich usually prefer group travel. And not just any group travel. They will subscribe to exclusive club memberships in places of visit and take along their friends and/or family. It is not uncommon to find the rich partying on cruise ships with their people.

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Drilling into the survey data shows that on average, baby boomers and those age 65+ spend the most on travel.

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