6 Luxury Items Billionaires Can’t Live Without

Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services - our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology.
20 Years
Helping You Live Richer
Reviewed
by Experts
Trusted by
Millions of Readers
The world of billionaires is as varied as it is exclusive, with tastes ranging from the understated to the opulent. However, there are certain luxury items that seem to have a universal appeal among the ultra-wealthy. Here are the items that have become almost indispensable to those who can afford them.
1. High-End Real Estate
For the billionaire, a home is not just a place to live; it’s also a statement of status, security, and personal taste. High-end real estate is a must-have for many billionaires.
From sprawling estates in the countryside to penthouses in the world’s most prestigious cities, owning multiple properties across the globe offers not just comfort but a tool for global mobility and investment. These properties often feature state-of-the-art security, privacy measures, and bespoke interior designs.
2. Supercars and Classic Cars
Many billionaires find the allure of high-performance supercars and classic cars irresistible. Brands like Ferrari, Lamborghini, Bugatti, and Rolls-Royce often release limited-edition models that become instant must-haves for car collectors. Meanwhile, classic cars, with their rarity and historical significance, can be even more valuable and sought after.
3. Luxury Yachts
Luxury yachts allow billionaires to travel the world in unparalleled comfort and privacy. Modern mega-yachts are equipped with amenities that rival five-star hotels, including helicopter landing pads, swimming pools, and cinema rooms. Owning a yacht offers a unique blend of adventure, privacy, and luxury, making it a prized possession among the ultra-rich.
4. Private Jets
Private jets offer the ultimate convenience for global travel. Owning a private jet allows billionaires to fly on their own schedules, avoid the hassles of commercial airports, and ensure their travel is as comfortable as possible. These aircraft are equipped with the latest in aviation technology and feature luxurious interiors customized to the owner’s preferences.
5. Exclusive Timepieces
For many billionaires, a watch is more than a tool for telling time–it’s an accessory that reflects their personality, taste, and status. High-end timepieces from brands like Patek Philippe, Audemars Piguet, and Rolex are prized for their craftsmanship, history, and exclusivity. These watches are often limited in production and made with the finest materials.
6. Art and Collectibles
The ultra-wealthy often amass significant collections of paintings, sculptures, and rare items, ranging from ancient artifacts to contemporary art. These collections are carefully curated, often with the assistance of top art advisors, and can be displayed in private galleries or loaned to museums.
Bottom Line
Billionaires seek items that offer a blend of exclusivity, craftsmanship, and utility. Whether it’s the tranquility of a private estate, the thrill of a classic car, the freedom of a mega-yacht, or the precision of a rare timepiece, these luxury items serve as symbols of their owner’s success, taste, and passions. For the billionaire, these are not mere possessions but essentials for living their best lives.  Â
Editor's note: This article was produced via automated technology and then fine-tuned and verified for accuracy by a member of GOBankingRates' editorial team.