In the early days, being rich meant something else compared to today’s modern age. For instance, in ancient Greece, rich people used to have fresh fish meat in their daily meals. Similarly, dyed robes used to be the go-to thing of the then-richest people. Today, the trend has drastically shifted.
Gone are the days when the rich folks used to rely on fish meat – for good. Today’s richest people do not hesitate to spend as crazy an amount as $30,000 on a single plate of pasta. They would squander $50,000 on a lavish restaurant for a single meal.
Likewise, these ultra-rich folks will not think twice prior to spending $100,000 in a single day. How about the rising inflation rate, you may wonder? Well, the world’s richest folks do not bother thinking about it. As it turns out that inflation is the headache of the middle class.
Go back a few centuries, and you will figure out that the then-rich folks used to live in palaces. And they would have access to the most advanced automobiles of that time. But today, billionaires have a whole different flex.
Unlike the old folks, these ultra-rich live in lavish houses that cost $10 million – to say the least. Above all, they own mansions in different countries around the world like Dubai, Switzerland, and Singapore. Similarly, they own yachts and lavish luxury cars that are worth millions.
According to an estimation, there are almost 3,000 people around the world who have the most wealth. In other words, there is a tiny proportion of the human population who are wealthy. And the rest? Well, they fall in the middle-class category – who work five days a week to earn a living.
However, it is essential to note here that there are certain luxury essentials that can only be afforded by these ultra-rich folks. These luxury essentials include:
- Ornaments like gold and silver bracelets (denote wealth.)
- Luxury sports cars.
- Mansion-like lavish houses that are worth million.
- Staying in 5-star hotels.
- Spending nonchalantly on everyday meals.
- Exploring the world and spending lavishly in doing so.
Unlike these rich folks, there are people (a vast majority) who are worried about the rising inflation rate. They can barely make ends meet.
On the other side of the aisle, some billionaires spend their money nonchalantly on traveling and exploring the world. They will not mind spending millions of dollars on a two-day trip to Singapore.
Similarly, they will not hesitate to throw their money into a trip to Dubai or Switzerland. Notice that these places are just the tip of the iceberg. Billionaires reach places around the globe that are beyond the reach of commoners. And in doing so, they squander a vast majority of their fortune.