How Much Money The U.s. Spends On Poverty Google Scholar
At that place's plenty of information out there about how billionaires make their money, just nosotros don't know nearly as much about how they spend it. And because there are so many new billionaires, the world really could use a Lifestyles of the Rich and Famousouth reboot.
What kind of jet does Jeff Bezos have? What absurd feature is in Elon Musk'south business firm? Allow's dig into the most expensive purchases, donations and investments of the world'due south billionaires.
Jeff Bezos Spent $65 1000000 on a Individual Jet
Accept you heard of a Gulfstream G650ER? This luxury private jet may be unheard of to the average person, but it'southward one of Amazon CEO Jeff Bezos'south favorite ways to get around. This private jet only seats eight passengers, and that'southward enough for Bezos.
The going price for these individual planes is around $65 million. They can accelerate to record speeds, and they come with four separate living spaces. Although eight passengers can fit, the passengers can decide whether to sit effectually a table, sit on the burrow, sit down lone or sit with friends. Bezos's aeroplane probably has other unique features, too.
Elon Musk Bought a $100,000 Bond Car
As the CEO of the Tesla car make, y'all might call back that a souped-upwards Tesla would be Elon Musk'due south fanciest ride. While he might own expensive cars, 1 of them is extremely rare. He purchased the beauty at an auction in London for no less than $100,000.
The car is a 1976 Lotus Esprit. You may have never heard of it, but you've probably seen information technology. This machine was used in an iconic scene in the James Bond franchise when Bond drove information technology into the ocean. A special Esprit-shaped submarine was created for filming the movie, though.
Kochouseph Chittilappilly Gave $79 Million to Charity
Kochouseph Chittilappilly is an Indian billionaire who made his fortune in the electronics and appliances business concern. Although he's still working, he's now well into his sixties. While well-nigh people spend this stage of life vacationing and taking it piece of cake, this billionaire has started a new project — the K. Chittilappilly Foundation.
The foundation works in Republic of india and helps to give people who are poor and/or normally discriminated against admission to pedagogy and healthcare. The organization as well fights to raise awareness of and funds for organ donation, which is a cause close to Chittilappilly's heart considering he donated a kidney.
Mark Cuban Has a $forty-million Time-saver
Marking Cuban is the possessor of the Dallas Mavericks and is a serial investor. He earned his spot in the Guinness Book of Earth Records when he bought a $40 million Gulfstream private jet via the internet. That was the most coin an private had spent on a single purchase online.
Although a individual jet may seem like a luxurious splurge, Cuban had practical reasons for getting one. The one affair fifty-fifty a billionaire cannot purchase is time, only Cuban says he'due south able to salve copious amounts of it by not having to tailor his hectic schedules around commercial flights.
Neb Gates Gave $10 Billion to Three Charities
Access to healthcare is close to Bill Gates's center. Preventable diseases and lack of medical supplies are two factors responsible for the deaths of millions of people annually. That's why Pecker Gates made hefty donations to three organizations.
The Vaccine Alliance, the Global Polio Eradication Initiative and the Global Fund all work in different areas of the globe to ensure that people in the poorest, most remote places are able to become vaccines and medication. Collectively, he gave $10 billion to the three organizations, and they have done an estimated $200 million worth of good for the world then far with his generous donations.
Marker Zuckerberg Owns a Sweet $72.8-million Hawaiian Estate
Farming is the last thing that comes to people's minds when they think of Mark Zuckerberg, the Facebook founder. But Zuckerberg happens to be the possessor of a huge sugar pikestaff plantation in Hawaii. The plantation, which covers around 700 acres, sits abreast a breathtaking white sand beach.
Some people buy vacation homes, simply Marker Zuckerberg paid almost $100 million for a vacation estate. In addition to providing countless vacations for a lifetime, Zuckerberg'due south sprawling Hawaiian estate is also an investment considering he tin can profit from the thousands of pounds worth of sugar cane produced on the plantation.
Neb Gates Had a $40-million "Big Splurge"
Private jets are to billionaires what cars are to thousandaires. It makes sense that Bill Gates, the richest human being in the world for several years, would take ane of the most expensive ones. Different commercial planes, individual jets have simply a few seats.
Neb Gates'south $40-million BD-700 Global Express seats nineteen people, which allows Gates to travel in style with his guests. He has a nickname for this behemoth in the skies. He calls it Big Splurge. The jet comes with 2 kitchens, 2 bathrooms and a sleeping accommodation. In that location'due south plenty of room for Gates, his guests and his crew.
Adam Neuman's $21-million-dollar Home Has a Guitar Room
Adam Neuman is the wealthy founder of WeWork. Although he has stepped away from the company, that hasn't stopped him from making enough of real estate investments. The Bay Expanse is known for being a hotbed for plenty of cutting-border technology companies.
Information technology only fits that San Francisco is where Neuman bought one of his virtually expensive homes. The house cost $21 one thousand thousand, and it's full of unique features. One of the many rooms in the home is shaped just similar a guitar. If Neuman ever wants to sell, this sectional feature will likely concenter enough of buyers — if they tin afford it.
Bill Gates Paid $xxx 1000000 for a Leonardo da Vinci Manuscript
Leonardo da Vinci was an accomplished artist and scientist. Over the years, much of his life'southward piece of work has been discovered. Some of his lesser-known works include sketchbooks and half-finished scientific musings. Bill Gates is the proud owner of the $xxx-million Codex Leicester.
Although da Vinci never went to Leicester, the manuscript is named later on the Earl of Leicester, who bought the book when it was initially discovered. The antiquated journal is written in Italian, and it includes detailed sketches and explanations of experiments da Vinci was working on. Gates has loaned the manuscript to museums across the country.
Richard Branson Bought an Island for $180,000
Sir Richard Branson is the entrepreneurial genius behind the Virgin brands. He lives on Necker Island, the private island that he bought. Branson purchased the 74-acre island before he was a billionaire when he could only afford to pay around $100,000 for it.
The isle'south original asking cost was $half-dozen million, so the possessor was understandably offended past Branson's low offering. When the island was however for auction a year afterwards, Branson was able to negotiate a $180,000 asking toll. Hurricane Maria devastated Necker Island, but it's on the mode to becoming the stunning haven it one time was.
Elon Musk Bought a $17-million Business firm in Bel Air
Similar The Fresh Prince, Elon Musk lives in a mansion in Bel Air. Of form, he owns impressive properties all over the world, but his Bel Air mansion is 1 of the more than lavish homes Musk has. He purchased the jaw-dropping business firm for $17 one thousand thousand.
In addition to the luxurious living quarters, there's a two-story private library full of Musk'southward favorite books. For entertaining guests, Musk has a sprawling vino cellar. The cellar houses 1,000 bottles of the finest wines on Earth. This habitation is one of several that Musk owns in the same exclusive neighborhood.
Larry Ellison Bought Some Amazing Yachts
Larry Ellison, the technologically inclined mind behind Oracle, owns a yacht called Musashi that's nearly 300 feet long. The aesthetic elements of the yacht are influenced by traditional Japanese decor. It has its own movie theater and a glass elevator.
There'south room for eighteen passengers and a crew of more than xx people to live comfortably on this mega yacht. It takes four diesel fuel engines to proceed the Musashi moving. If you retrieve the Musashi is overnice, your jaw would drop at the features in the Rising Sun, an fifty-fifty bigger yacht that Ellison sold for $300 million.
Bill Gates Paid $161 Million to Be Part Owner of the Ritz Carlton
In add-on to running Microsoft and the Beak & Melinda Gates Foundation, Bill Gates is also the founder of Pour Investment. Through the company, Bill Gates and other individual investors brand big purchases of businesses and properties together. Nib Gates contributed $161 million towards the investment grouping's purchase of the iconic Ritz Carlton in San Francisco.
Aside from Gates's big contribution, many other investors paid towards the total asking toll of the hotel. On top of ever having a great place to stay in San Francisco, Gates as well earns income from the profits that come up from guests staying in that location.
Michael Dell Paid $twoscore Million for a Four Seasons Penthouse
Plenty of people have a favorite room in a hotel, but very few people are able to buy said room. Michael Dell, the namesake founder of computer company Dell, purchased the penthouse of The Four Seasons in Boston. Dell'south is one of three penthouses built in the skyscraper.
The Four Seasons complex is over 60 stories high, and information technology includes a hotel and residential areas, all congenital by the hospitality giant. The penthouse has at to the lowest degree four bedrooms, and it boasts amazing views of the Boston skyline. Some of the amenities include a spa, an indoor golf simulator and a pool.
Jeff Bezos Spent His Vacation on a Submarine
It's not all about the things money can buy. Experiences provide memories that last a lifetime. Jeff Bezos lived on a submarine for a three-week vacation of sorts. He and his team explored the ocean floor for artifacts.
They found the booster rockets from the Apollo 11 launch, and Bezos donated the wreckage to Seattle's Museum of Flight. There's not a public cost tag for this circuit, merely information technology's rubber to say that Bezos had to pay a pretty penny. He does this kind of thing so often that he has a blog chosen Bezos Expeditions.
Oprah Winfrey Bought 10% of Weight Watchers for $43 Million
Weight Watchers, now known as WW, has been a big player in the multi-billion-dollar weight-loss manufacture for decades. Oprah Winfrey claimed a stake in the iconic make when she paid $43 million for 10% of the company in 2015.
Since then, she has seen more than a ten-fold render on her investment. In addition, Winfrey, who has always been a trendsetter, makes for i useful brand administrator. She's a board member at WW and makes frequent appearances in the company's advertisements. The brand continues to notice innovative ways to remain relevant in the changing world of nutrition.
Larry Page and Sergey Brin Bought a Private Airport for $82 1000000
Enough of billionaires own individual jets, just how many can say they own individual airports? Google co-founders Sergey Brin and Larry Page purchased a private aerodrome together for $82 million. It's unclear whether their private drome is used for Google concern, for personal pleasure or for both.
While the airport doesn't accept commercial flights, one of the planes that makes frequent appearances is the Boeing 767-200 that the Google co-founders acquired as a joint buy. Page and Brin certainly don't seem to exist getting tired of each other. Friends who work hard together play hard together.
Michael Dell Has Spent $100 Million on His Photography Collection
MSD Capital is the visitor Michael Dell uses to grow and distribute his wealth. Through the visitor, he was able to explore his dear of photography. Dell purchased a collection of more than 180,000 pictures. Information technology's unclear how much he paid, only it's valued at around $100 million.
Although Dell owns the humongous vintage photo collection, the photos are in the possession of the University of Texas at Austin. In improver to beingness extremely valuable, the pictures give enough of historical, scientific and sociological insights.
Steve Cohen Bought a Preserved Shark for $8 One thousand thousand
People have a lot of strange decorations in their homes. Some people have dolls that are…less than adorable. Others accept pictures with eyes that seem to follow yous around the room. If you ever have the pleasance of visiting Steve Cohen, yous may just see a shark in the living room.
The shark isn't yet living, though. It floats suspended in a mixture of formaldehyde and booze. When this preserved shark was kickoff made, information technology was role of an art exhibit that sold for nearly $100,000. Since and then, its value increased significantly, and Steve Cohen purchased it.
Oprah Winfrey Has Spent $140 Million on the Souvenir of Educational activity
Oprah Winfrey grew upwardly in poverty in rural America. Her life changed when she went to college and learned the skills necessary to further her career. Millions of young women become stuck in a cycle of poverty simply considering their families cannot afford an education.
In 2007, Oprah opened upwardly a schoolhouse for girls in Africa. Since then, Oprah has been basis the pecker (over $140 one thousand thousand to date) for everything necessary to keep the school running and give students the resources they need to succeed. This ongoing philanthropic crusade has been life-irresolute for the girls involved with this unique school.
Alice Walton Paid $88.8 Million for Artwork
Alice Walton, the Walmart heiress, paid $88.eight million for a highly sought-later Robert Rauschenberg silkscreen painting. The painting, chosen "Buffalo II," depicts the belatedly President John F. Kennedy, forth with other historically meaning symbols.
Walton bought this painting from a famous auction house, Christie'south, but it wasn't her first foray into the globe of art. She owns the Crystal Bridges Museum of American Art in her home town of Bentonville, Arkansas. Walton is the owner of one of Georgia O'Keeffe's original works of art. She also has a private art collection outside of the museum.
Laurene Powell Jobs Donated $50 Meg Toward Didactics Reform
Laurene Powell Jobs, the widow of Apple tree founder Steve Jobs, is using her big fortune for philanthropy. She founded the Emerson Collective, a company that invests in startups and nonprofits that help the environment, immigrants and teaching. She has donated $50 million of her funds towards XQ: The Super Schoolhouse Project.
Powell Jobs is concerned that traditional high schools don't fairly prepare students for the current chore market, and she wants to ensure students get enough grooming in engineering science. She plans to give the money to five innovative teams that come up with high schoolhouse models that can accost these needs.
Sergey Brin Pays $1,760 a Month for Trapeze Lessons
Some people savor painting. Others enjoy tennis. What kind of hobbies does a billionaire take? Google co-founder Sergey Brin spends his gratuitous time flight through the air on a trapeze. New York is a show biz city, and regular trapeze lessons are available at Circus Warehouse.
Brin has been taking lessons for some time. A month'due south worth of lessons costs $1,760. To put that into perspective, this billionaire spends more than the boilerplate American pays for housing each month on recreational activeness. With all of the lessons, maybe Brin will brand an appearance in a circus ane solar day.
Oprah Winfrey Spent $9.2 1000000 on a Vacation for Her Staff
On her talk show, Oprah Winfrey was known for giving expensive gifts to anybody in her audience. She did the same for all of her staff members in 2009. For 10 days, Oprah and more than a hundred employees cruised around and beyond the Mediterranean region.
The cruise went to Turkey, Greece, Kingdom of spain, Malta and Italy on the all-expenses-paid vacation of a lifetime. Needless to say, Oprah has a very large staff, and so there were plenty of people in attendance on the cruise. No wonder the gesture toll Oprah $ix.2 million. That'due south one mode of bonding with workmates!
Kylie Jenner Spent More Than $400,000 on a Purse Collection
Kylie Jenner is more than a reality star. Although her family unit proper noun may have helped her become famous, her family didn't build a cosmetics line for her. This young billionaire has an impressive handbag drove. She'south acquired it over fourth dimension, and information technology's estimated to be worth at least $400,000.
The bags are from respected designers such as Hermes, Gucci, Chanel and Louis Vuitton. These aren't the kinds of bags y'all can buy in the regular high-end boutiques, though. Rather, Jenner has collected exclusive designs that were sold for a express time.
Michael Dell and Rob Walton Own a $280-meg Hawaiian Hotel
Michael Dell is the founder of Dell, and Rob Walton is the son of Walmart'south founder. Dorsum in 2006, the 2 billionaires purchased the tropical Four Seasons Resort in Hualalai, Hawaii. A Four Seasons in Hawaii can simply be luxurious, but this hotel really takes the cake.
The location has won plenty of hospitality-industry awards. Rooms with scenic Pacific Ocean views are listed for effectually $18,000 nightly. These two business-minded billionaires fabricated a fun purchase that also pays for itself in profits. The investment group that represents Dell and Walton paid $280 meg for the hotel.
Mark Zuckerberg Spent $1.3 Million on a Car Y'all've Probably Never Heard Of
Mark Zuckerberg, like some other billionaires, isn't known for being flashy. He has a lot of money, only his college-educatee fashion sense and the car he drives don't necessarily testify it. Although he's often photographed cruising effectually in a Honda Fit, Zuckerberg does have a sports car i would look from a young billionaire.
He paid $1.3 million for a Pagani Huayra. This Italian automobile is associated with the Pirelli brand, although it has a line of its own. The super-fast cars took the luxury auto globe past tempest when they debuted in 2011.
Larry Ellison Paid $600 Million for a Piece of Hawaii
Larry Ellison is the majority possessor of the Hawaiian island Lanai. This individual island has been an oasis for the richest people in the world. Although it's considered part of Hawaii today, the island was its ain nation until information technology became function of Hawaii'southward monarchy in the early 1800s.
The island has been used for raising cattle and cultivating pineapples. In the 1960s, a tourism company called Castle and Cook purchased the 98% of the island that Dole (the fruit company) owned and turned information technology into a luxury resort. Ellison bought the majority of the island in 2012.
Azim Premji Donated 67% of His Shares to Charity
Azim Premji is the CEO of Indian tech giant Wipro. Wipro, founded by Premji'south male parent, started off as a producer of vegetable oil. Nether Premji's leadership, the visitor transitioned to the engineering science sector and excelled in information technology. Rather than keeping shares of his visitor for himself and his family, Premji donates them to his charitable organization.
The Azim Premji Foundation helps less fortunate children and adults get access to pedagogy, which can mean the divergence betwixt living in poverty and getting a chore that sustains a family. With $21 billion in donations, Premji's foundation even opened a university.
Larry Ellison Splurged on Fighter Jets
Larry Ellison is a licensed airplane pilot, so this buy is some other reason for him to indulge in an atypical — at to the lowest degree for the residual of us — hobby. Ellison bought the fighter jets from Italy and the former Soviet Wedlock.
These are decommissioned jets that were used by their corresponding governments. The U.S. authorities even forbade Ellison from importing the jets into the country. He already owns a private island, so he can surely notice a place where information technology'due south safe to play with his expensive toys.
Source: https://www.life123.com/lifestyle/billionaires-spend-money?utm_content=params%3Ao%3D740009%26ad%3DdirN%26qo%3DserpIndex
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