When they are not busy visiting a tax advisor or wealth manager, the wealthy, as you may imagine, enjoy sunny tropical beaches, cruising on a yacht and golfing in breathtaking locations. They may also collect sport cars; including Maseratis, Ferraris, Jaguars, Bentleys, Audis and Range Rovers and also vintages, like a Bulgari SpA director, whose full profile is available on wealthmonitor, has been collecting rare Buick cars for a couple of years. Let’s not forget the obvious passion that most rich men share for building up a watch collection as it gives them the opportunity to wear jewellery. The most preferred brands are Rolex, Cartier, Patek Philippe, Piaget, TAG Heuer and last but not least Franck Muller whose handmade Swiss watch sells between $5,000 and $600,000.
Some HNWIs become involved in charities and philanthropic activities in their spare time and use their influence and wealth for the benefit of others. The impressively high amounts of money given last year for charitable causes by the 50 top philanthropists outlines that, with a sum amounting to not less than $10.4 billion, the most generous donor is the shy and discrete Margaret Cargill who inherited part of the Cargill fortune.
Flying private jets and helicopters is another source of joy for millionaires; some take the experience to the next level like a shareholder of Blacktie Limited, who skydives from his own helicopter. Other thrill-seeker millionaires get their fix by going into the wild just like Santorum’s principal backer, Mr. Friess, a mutual fund manager who enjoys crocodile hunting in Tanzania. On the other hand, some highly-paid sports people prefer spending their leisure hours retaking studies like Juan Mata who’s currently pursuing a double degree in sports science and marketing in the University of Madrid, whilst others opt for relaxing activity such as keeping tropical fish like one of the shareholders of Provepharm who finds it’s an easy way to manage a stressful routine.
Other millionaires share less conventional hobbies: eccentric nature lovers Gile Roderick McGregor breeds rare birds, while Simon Sherrard breeds rare sheep, Leonardo DiCaprio collects fossils and Nicholas Cage had an impressive comic book collection. Some collectors like a manager of Sablon Distribution, another of our listed HNWIs, pride themselves in owning rare original drawings of different cartoon artists while others are ready to pay up to $2 million for a comic containing Superman’s first appearance.
You can see the full profiles of all individuals mentioned above on wealthmonitor. Among the hundreds of thousands individuals dossiers available, discover Warren Buffett’s passion for ukuleles and a director’s rare rock collection.