Fraser Yachts, a major international broker ... contracted 20% in 2023 from 2022 and are well down on 2021, when many rich people splurged on boats to travel in a safe and exclusive way.

Scribner shares four things rich people spend too much money on and what we can learn from their mistakes. 1. Boats or yachts Have you ever maxed out your credit card on a pair of designer jeans ...

The world's super-rich spend $22 billion on yachts every year ... On average, each of these UHNW individuals, or people with net assets worth $30 million and above, spends about $1.1 million ...

So which experiences, specifically, have the super-rich been buying instead of yachts and Birkin bags ... to sports stars in order to attract more people to company conferences.

Yacht owners are keen to power their luxury voyages with nuclear energy, according to a new report from Lloyd’s Register, ...

"Yacht owners are, by and large, people who have an interest in the ocean," Patrick Lahey, founder of Triton Submersibles, previously told Insider. "They like to go places and experience new ...

Read more: From hiding their mansions on Google Maps to building $500,000 panic rooms, rich people are sparing no expense to keep their lives private and secure While stock ownership is usually ...