How The Ultra Rich Travel The World

once you get to a certain level of wealth the way you operate changes security privacy and convenience take the place of Wanderlust and going wherever the road takes you because look you've got places to be in meetings to attend and you gotta be on time and with this comes an entire industry made solely to accommodate the needs of the one percent this is how the ultra Rich travel the world welcome to a lux once your bank account reaches a certain number a new Option unlocks the ability to buy time we're talking of course about private jets the private jet industry has experienced a significant growth over the years in the early 2000s there are approximately three thousand private jets in the United States alone fast forward to last year and the number has grown to over 14 000 according to an analysis of Industry data by Airbus corporate Jets a combination of increasing wealth among the ultra-rich and a growing desire for privacy and exclusivity has contributed to this surge in demand so how could you ever justify buying a private jet at the end of the day it's all about convenience and time saving owning a private jet allows you to travel on your own schedule avoiding lengthy layovers and Security checks you can fly directly to your destination cutting down on travel time and ensuring you make the most of your business life additionally owning a private jet provides an unparalleled level of privacy and security allowing the ultra Rich to conduct business meetings and make important decisions without the fear of eavesdropping or intrusion in this sense a private jet could also be seen as a productivity tool helping you to maximize your time and efficiency and one significant advantage of private jets is their ability to access destinations that commercial airplanes just can't and this is primarily due to the smaller size and greater flexibility of private jets which allows them to land at smaller airports with shorter runways that are just inaccessible to larger commercial aircraft for instance while the commercial airport on the island of Saint Barts is notorious for its short Runway and challenging approach private jets can easily land at this exclusive Caribbean destination providing access to the Island's Luxury Resorts and pristine beaches another example is the remote town of Telluride in Colorado which is home to a world-class ski resort the nearest commercial airport is Montrose Regional Airport which is about 65 miles or 105 kilometers away from Telluride however private jets can land directly at Telluride Regional Airport located just six miles or 10 kilometers from the town significantly reducing travel time for those looking to hit the slopes as quickly as possible in Europe the elite often flocked to the Glamorous French Riviera during the summer months commercial flights typically land at nice cautizor International Airport which is around 45 minutes to an hour away from popular destinations such as and Monaco however private jets can land at can mandilu airport which is much closer to these hot spots and exclusively caters to private Aviation and access to remote or exclusive destinations isn't just about convenience and time saving it also provides a higher level of privacy and security for the ultra Rich by flying directly to their desired location they can avoid the paparazzi and maintain a lower profile while traveling so yes once you get to a certain number having a private jet can seem like a no-brainer until the next generation of AI invents teleportation flying on a private jet will continue to be the absolute fastest way to get from point A to point B but owning a private jet is more than just purchasing the aircraft it's an entire lifestyle that comes with numerous responsibilities and expenses one of the most significant costs associated with owning a private jet is its maintenance these Jets require regular inspections and upkeep to ensure they remain in pristine condition and comply with Aviation regulations maintenance costs can range from five hundred thousand dollars to two million dollars per year depending on the aircraft's size and age additionally private jet owners have to consider airport fees and taxes Landing fees can vary depending on the airport but they can be as high as ten thousand dollars per Landing for a larger aircraft moreover you have to pay for a hanger space to store your jet when you're not using it and this can cost anywhere from four thousand to forty thousand dollars a month depending on the airport's location and the hangar size and operating the jet is another major expense this includes hiring a professional crew such as pilots and flight attendants as well as paying for fuel insurance and Catering all of these costs easily add up to millions of dollars every year making private jet ownership and extremely expensive Endeavor and we haven't even begun to talk about how much exactly these things cost but while private jets are often associated with long-haul flights and international travel there are indeed instances where the ultra Rich have used them for incredibly short distances Elon Musk faced some criticism in 2018 when it was revealed that he used a private jet for a 20-minute flight from Los Angeles to his home in Bel Air now while the distance between these locations is only about 12 miles or 19 kilometers musk chose to take to the skies rather than deal with a notoriously congested LA traffic so when speed and efficiency are not the concern what do you do then well you buy a super yacht of course one of the most significant advantages of luxury super Yachts is the unparalleled level of customization they offer unlike cruise ships which typically have standardized amenities and accommodations super Yachts can be tailored to the specific desires and preferences of their owners this can include anything from bespoke interiors and state-of-the-art entertainment systems to specialized facilities like helipads submarine docks and even ice skating rinks furthermore super Yachts offer an unmatched level of privacy and exclusivity compared to cruise ships or other forms of sea travel with a dedicated crew and the ability to choose who is invited on board the ultra-rich can enjoy their voyages without the fear of intrusion or unwanted attention another key advantage of super Yachts is their ability to access remote and exclusive destinations that are often off limits to larger commercial vessels this includes pristine beaches hidden coves and private islands allowing the ultra-rich to enjoy a truly unique and exclusive travel experience so let's embark on a journey through a typical super yacht itinerary for an ultra-rich individual High highlighting some of the most glamorous events and exclusive locations where the elite gather throughout the year Our Journey Begins in January where the ultra Rich head to the Caribbean to escape the winter cold they might attend the annual Laurel Piana Caribbean super yacht Regatta in the British Virgin Islands where the luxurious super Yachts compete against one another in a thrilling race through the stunning turquoise Waters as spring approaches it's time to set sail for the Mediterranean in May the super yacht scene converges on the Glamorous French Riviera for the prestigious Cannes Film Festival here the ultra-rich mingle with Hollywood a-listers and international film stars at exclusive parties and screenings often hosted aboard their super yachts following the Cannes Film Festival the next stop is Monaco for the iconic Monaco Grand Prix in late May super yacht owners secure the best spots in Port Hercules providing them with a front row view of the Formula One action the event is known for its glitzy parties extravagant celebrations and celebrity sightings in the summer months the ultra Rich continue to explore the Mediterranean visiting exclusive destinations such as Puerto Servo and Sardinia central payan France and the beautiful islands of Ibiza and Majorca in Spain these locations are known for their stunning beaches world-class dining and vibrant nightlife attracting the elite from around the globe as Autumn approaches it's time to head across the Atlantic for the Fort Lauderdale international boat show in Florida held in October this event showcases the latest in super yacht design technology and luxury it's a prime opportunity for the ultra Rich to network with industry leaders view new super yacht for sale and explore the latest trends in the world of luxury sea travel to end off the year the ultra Rich might sail to the Maldives or the Seychelles for some winter sun now the purchase price of a super yacht is undoubtedly a significant investment but the true cost of ownership extends far beyond the initial payment in fact owning a super yacht can actually be more expensive than the yacht itself when considering the numerous expenses associated with its maintenance operation and Staffing maintenance and upkeep are crucial aspects of super yacht ownership as these vessels require regular attention to ensure they remain in pristine condition and comply with Maritime regulations annual maintenance costs for a super yacht can range from 5 to 10 percent of the yacht's purchase price for example if a super yacht costs 100 million dollars while the owner can expect to spend between 5 to 10 million dollars per year on maintenance alone and and operating costs are another significant expense for super yacht owners this includes fuel which can cost hundreds of thousands of dollars per year depending on the size and fuel efficiency of the yacht and as we all know by now Yachts aren't exactly fuel efficient as a matter of fact a journey from the south of France to the Caribbean can easily cost you more than one hundred thousand dollars just on fuel so it's always a great idea to have like half a million dollars worth of fuel just in case because you don't want to get stranded in the middle of the ocean additionally owners have to pay for insurance which can range from 0.5 percent to 1.5 percent of the yacht's value per year and birth fees which can cost up to five hundred thousand dollars per year from Prime locations such as Monaco or San Tropez and Staffing a super yacht is essential for providing the level of service and luxury that an ultra rich person expects a typical super yacht requires a crew of 20 to 50 members including a captain Engineers chefs and stewardesses the annual cost of salaries benefits and training for a super yacht crew can easily reach millions of dollars and here's the crazy part working on a super yacht is not a nine to five job you don't go home after your shift as a crew member the yacht is your home for the foreseeable future super Yachts are often seen as the ultimate status symbol for billionaires representing their wealth success and ambition despite the high costs and environmental concerns associated with super yacht ownership there are several reasons why billionaires invest in these luxurious vessels and how they justify the expense first and foremost super Yachts provide a unique unparalleled level of privacy and exclusivity and for billionaires privacy is a valuable commodity and owning a super yacht allows them to escape the public buy and enjoy a sanctuary away from the pressures of their daily lives they can host exclusive events entertain important guests or simply relax with their families all while maintaining complete control over their environment another argument in favor of super yacht ownership is the ability to access remote and exclusive destinations that are off limits to larger commercial vessels this enables billionaires to explore the world's most stunning and pristine locations away from the crowded tourist hot spots super Yachts also offer a Unique Travel experience that's difficult to replicate through other means for some billionaires owning a super yacht is also a Strategic investment a well-maintained and highly sought after super yacht can retain its value over time and in some cases even appreciate in value additionally by chartering their super Yachts to other wealthy individuals billionaires can generate income to offset some of the operational and maintenance costs for some the enjoyment and satisfaction derive from owning a super yacht is worth the expense these vessels offer a unique combination of luxury adventure and freedom that few other experiences could ever match for those who can afford it the pleasure of exploring the world aboard their own private Floating Palace is a reward in itself but besides private jets and super Yachts you need one extra thing to complete the billionaire travel experience trifecta and that is five-star travel concierge services these are the ultimate solution for the ultra Rich who demand exceptional experiences and unparalleled levels of service these Elite Services cater to every women desire of their affluent clientele ensuring their travel Adventures are truly Unforgettable so let's just explore the key aspects of five-star travel concierge services and how they cater to the luxury travel Market personalization and customization at the heart of five-star travel concierge service is the commitment to creating tailor-made experiences that align with their clients individual preferences interests and aspirations from curated itineraries and bespoke experiences to personalized recommendations and exclusive access every aspect of the journey is designed to meet and exceed expectations of the most Discerning Travelers access and exclusivity one of the most significant benefits of using a five-star travel concierge service is the exclusive access they provide to unique and sought after experiences these can provide private viewings at world-renowned museums behind the scene tours of iconic landmarks or reservations at Michelin starred restaurants with months-long waiting lists by leveraging their extensive networks and Industry connections five-star concierge services can open up doors that are often closed to the general public expertise and knowledge five-star travel concierge services employ a team of dedicated travel Specialists who possess in-depth knowledge of various destinations cultures and experiences these experts work closely with clients to understand their preferences and provide expert advice ensuring that every aspect of the journey is thoughtfully curated and meticulously planned seamless Logistics when it comes to luxury travel the smallest details can make a significant difference five-star travel concierge services are committed to ensuring that every aspect of their client's journey is seamless and stress-free this can include arranging private transfers coordinating with hotels and resorts for special requests and managing last minute changes or emergencies by handling the logistics these Services allow their clients to fully immerse themselves in the travel experience without worrying about the practicalities Personal Touch and attention to detail five-star travel concierge services are known for their exceptional attention to detail and the Personal Touch they provide clients can expect to receive thoughtful surprises such as a bottle of their favorite wine in their hotel room personalized gifts or even a handwritten note from their travel consultant these small gestures demonstrate the commitment of these services to creating a truly exceptional experience for their clients at the end of the day to travel like the ultra-rich means traveling at your convenience in private and in Total Comfort it's a way to live life in a predictable and comfortable way without any unwelcome surprises which can be both a good and a bad thing a train ride from Europe to China will surely take you longer than flying on a private jet but the people that you meet and the stories that you gather along the way cannot be bought and we'll leave you to think about that last part there Alex sir we'll see you next time [Music]

Channel: Alux.com

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Keywords: Alux, Alux.com, Alux Youtube, fine living, ultra rich lifestyle, first class, most expensive, super rich, luxury lifestyle, billionaire lifestyle, ultra rich, private jets, life of the rich, how the rich travel, how the ultra rich travel the world, luxury yachts, luxury private jets, luxury travel, luxury travel destionations

Id: nCdilMqEkrA

Length: 17min 15sec (1035 seconds)

Published: Thu Apr 13 2023