Why do the rich travel so much?

From fine dining in the place's best restaurants to expensive sightseeing points, the rich want to fine-tune their overall experience and add extravagance to the vibe. You might think that the rich travel to mainstream tourist attractions. They do, of course, but their preferences lean towards the road less taken.



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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.

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400 hours a year is the figure most often cited for average usage of a private jet (most aren't owned by billionaires; there are around 2,000 billionaires and over ten times that many private jets). What are the most luxurious private jets?

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When the wealthy are looking to fly, Singapore Airlines and Qantas Airlines are their preferred carriers, according to a new report from New World Wealth, a ratings, surveys, and statistics provider that specializes in the global wealth sector.

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To fly private on a regular basis, it's best to have both a $1+ million annual income and $25+ million net worth. In years when your income drops below $1 million, even if you still have a $25 million net worth, fly commercial instead.

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Favorite hideout – Marina di Portofino, Italy The once quaint fishing village is now an exclusive retreat for billionaires and celebrities. It's so exclusive that it only has one road for entry and exit and parking spots, not for supercars, but luxury yachts.

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Generally, $20,000 is the baseline cost for a trip around the world for one person for one year. This estimation falls in line with popular recommendations that budget travelers can spend an average of $50 a day on the road, and allows additional budget for flights and vaccines.

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That 20% is an average, and what it represents can vary dramatically by career, so make sure you ask your hiring manager to tell you exactly what the travel percentage means for the position you're applying for.

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Let's kick off our journey in Milan, the capital of the Lombardy region, indisputably Italy's economic and financial heart, and the richest city in Italy.

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