21 Outrageously Expensive Things Only the Rich Can Afford

Written By Babatunde Sanni

Members of the American upper class indulge in certain luxuries other people could only dream of. Highlighting the contrast between finances and lifestyle, here are 21 outrageously expensive things most people won’t be able to afford in a lifetime. 

Private Islands

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Everyone would love to have an island where they can go on holiday without any other tourists, and private islands offer the most exclusive home ownership experience ever. Sadly, considering one could set you back tens of millions of dollars, only the ultra-rich get to enjoy this luxury. Even if you only visit these islands with lavish villas and pristine beaches, you may have to part with over $100,000 per night, according to Yahoo.

Super Yachts

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Have you heard of super yachts? They are like floating palaces, with swimming pools and cinemas installed and over 50 crew members working on them. Some even have helipads and submarines for more functionality. We can even say the ownership of these is even more exclusive than private islands. Why? Well, Forbes says one costs an estimated $275 million, which is expected to be reserved for only billionaires.

Private Jets

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Private jets are also out of reach for regular Americans. This is because you could only own them and the convenient, private, and flexible air travel experience they offer when you spend millions of dollars. These aircraft come with custom-fitted, luxurious interiors and state-of-the-art entertainment systems that serve as the cherry on top.

Luxury Real Estate

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Expensive homes are another luxury that only the rich can afford. Luxury real estate in prime locations, such as Manhattan penthouses or Beverly Hills mansions, boasts top-tier amenities. These properties often feature home theaters, wine cellars, and sprawling gardens. Designed with the finest materials and offering stunning views, they provide an opulent living experience many can’t afford.

Exotic Car Collections

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We all know someone who would love to own a Ferrari or a Porsche; however, exotic car collections are a testament to wealth and taste. These collections often include rare, vintage models as well, each of which is usually considered a masterpiece of engineering and design. Sadly, many Americans don’t have the financial means to purchase the unparalleled performance and aesthetic appeal that come with them.

Private Art Collections

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Private art collections, featuring works by masters like Picasso, Van Gogh, and Warhol, are both an investment and a statement of culture. These collections often reside in dedicated galleries within the home. And the acquisition of such art reflects a deep appreciation for beauty and a significant financial commitment, which many Americans can’t fulfill.

High-End Watches

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Expensive and exclusive watches from brands like Patek Philippe, Rolex, and Audemars Piguet are more than just timepieces—these watches serve as status symbols, reflecting the owner’s taste and wealth. They are intricate works of craftsmanship, often featuring precious metals and gemstones, and they’re also often passed down as heirlooms, with some models appreciated as significant investments.

Membership in Exclusive Clubs

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You might be aware that there are exclusive clubs that offer membership to the rich. These memberships can even include private golf courses, unparalleled networking opportunities, and leisure activities. The clubs provide luxurious facilities and a private environment where the elite can relax and socialize, away from the public eye. However, these memberships often come with hefty initiation fees and annual dues. 

Designer Wardrobes

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Like designer clothes? Don’t we all! Designer wardrobes filled with impeccable fits from fashion houses like Chanel, Dior, and Gucci are a hallmark of the wealthy. These wardrobes include custom-tailored suits, bespoke dresses, and unique accessories, with each piece showcasing the finest fabrics and craftsmanship. And they’ve grown even more expensive (by 25%) since 2019, as the New York Times shares. 

Customized Jewelry

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Customized jewelry, featuring rare gems and bespoke designs, is a significant indulgence of the rich. These pieces are often created by renowned jewelers and tailored to the owner’s specifications. They serve as personal expressions of style and status, often holding significant sentimental value. Some pieces tell a unique story through their craftsmanship and materials, making them even more expensive.

Exclusive Vacation Homes

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How wonderful it would be to own a beautiful vacation home in the south of France, eh? Well, this is, again, something only the rich can afford.

Exclusive vacation homes in destinations like Aspen, St. Barts, or the French Riviera offer a retreat for the wealthy. Equipped with luxurious amenities and providing stunning views and privacy, they serve as a haven for relaxation and entertainment, far removed from the stresses of everyday life. Many also have staff on standby to cater to every need.

Private Chefs

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Private chefs allow the rich to enjoy gourmet meals right from their homes, in addition to the convenience they bring. These culinary experts create personalized menus using the finest ingredients from around the world. Having such a chef ensures that every meal is a dining experience that is perfectly tailored to the owner’s tastes and dietary preferences.

High-End Spas

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Spas offer a much-needed opportunity for relaxation, and the rich often visit high-end spas after a stressful day. Featuring advanced treatments, such as hydrotherapy pools, saunas, and massage rooms, they offer a private, luxurious environment where the wealthy can unwind and maintain their well-being. Of course, there may also be professionals hired to provide personalized care and services.

Collectible Wines

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Collectible wines, stored in custom-designed cellars, represent both a passion and an investment for the wealthy. These collections include rare vintages and limited editions from renowned vineyards. Each bottle tells a story, and the collection reflects a deep appreciation for the art of winemaking, with some bottles valued at thousands of dollars each.

Personal Security

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Personal security often includes a team of bodyguards, advanced surveillance systems, and secure properties, and it’s an investment that provides peace of mind for the wealthy and their families. It allows them to go about their lives without concern for personal safety, including when traveling or attending public events.

Private Concerts

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We’ve all heard of the rich hiring stars such as Rihanna or Justin Bieber for millions of dollars, and that’s because private concerts by famous musicians offer an intimate and exclusive entertainment experience. The rich can hire top artists to perform at private events, providing a unique opportunity to enjoy live music in a personal setting. And unless you have millions of dollars to spare, as Rolling Stone reveals, you won’t get to enjoy this experience like them. 

Luxury Sports Equipment

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Luxury sports equipment, such as custom-made golf clubs or high-performance skis, enhances the leisure activities of the wealthy. Such items are tailored to the owner’s specifications and crafted from the finest materials. They provide the best possible performance and enjoyment, reflecting a commitment to excellence in every aspect of life and a passion for the sport.

Bespoke Furniture

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Bespoke furniture, designed by renowned craftsmen, adorns the homes of the rich as well. Each piece is custom-made to fit the owner’s style and preferences, using premium materials like rare woods and fine fabrics. Furniture like this not only provides comfort and functionality but also serves as a statement of luxury and refined taste, often becoming family heirlooms, too.

Customized Vehicles

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Customized vehicles, ranging from luxury cars to helicopters, offer the rich personalized transportation options. Many of these vehicles are tailored to the owner’s specifications, featuring unique designs and high-end materials. Often including cutting-edge technology, they provide a blend of comfort, performance, and exclusivity, ensuring every journey is a statement of opulence.

Philanthropic Endeavors

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Philanthropic endeavors, funded by the wealthy, make a significant impact on society and various causes. These contributions support areas such as education, healthcare, and the arts. To some, philanthropy reflects a commitment to giving back and leveraging wealth to create positive change in the world, often resulting in the establishment of foundations and scholarships.

Expensive Hobbies

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Expensive hobbies, such as collecting rare antiques or investing in high-stakes poker games, provide the rich with unique entertainment. These activities require significant financial resources that many can’t comfortably part with, and they offer the rich a blend of challenge and enjoyment. Engaging in such hobbies showcases a lifestyle where money is nothing.

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