|There’s the rich. There’s the wealthy. And then there are billionaires.
Divisions in socioeconomic classes have only widened in the wake of the pandemic, but some places remain melting pots. (After all, who doesn’t love to eat good in the neighborhood?)
The exception, however, is billionaires.
For them, it’s not the difference between flying first class over economy or a luxury suite instead of a standard room. It’s private planes and secret islands.
For a glimpse at how 0.00003% of the world’s population lives, Business Insider’s Madeline Berg mapped out the typical annual calendar of a billionaire. From the World Economic Forum’s annual meeting in Davos in January to the Monaco Yacht Show in September, Madeline has a full breakdown of the average social calendar for the richest people in the world.
The irony of these events is that billionaires’ expenses are often comped or heavily discounted despite their exorbitant wealth, Madeline told me. Meanwhile, the general public has to fork over a small fortune to get their foot in the door.
Whether you view billionaires’ jetsetting lifestyles with delight or disgust, there’s no denying their relevance.
If you put enough wealthy and powerful people in one place, business is bound to get done. Just look at the history of deals from Sun Valley’s summer camp for billionaires.