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Yesterday — 6 January 2025Main stream

The billionaire's social calendar for 2025: The must-attend events for the world's wealthiest business icons

6 January 2025 at 07:31
A plane, chanel purse, Rolex, gold chain, and other luxury items are displayed together
Billionaires follow a pretty consistent schedule, flying their private jets en masse from Davos in January and Sun Valley in July, stopping in Monaco and St. Barts on their superyachts in between.

iStock; Robyn Phelps/Insider

  • Between yacht shows and business conferences, a billionaire's calendar can fill up quite quickly.
  • Each year the uberwealthy flock to the same events and destinations.
  • Here's where you can find a billionaire — and how much it will cost you to join in on the fun.

There are about 3,320 billionaires in the world. That's about 0.00004% of the global population.

Despite their scarcity, billionaires are surprisingly easy to find. After all, birds of a feather — especially those of a small brood — flock their private jets together.

At the start of the year, they descend en masse on Davos. In July, they fly to Sun Valley for the Allen & Company Conference. And they wrap it up with New Year's Eve in St. Barts.

Here's where the wealthiest among us mingle, wheel and deal, and relax, and how you can join them — for a small price, of course.

January: Davos
Davos, Switzerland
Billionaires and world leaders descend upon Davos, Switzerland, every year for the World Economic Forum.

Andy Barton/SOPA Images/LightRocket via Getty Images

After billionaires shake off their New Year's Eve hangovers, many join world leaders and head to Switzerland for the World Economic Forum's annual meeting in Davos to attend lavish dinners, hit the slopes, and discuss the global problem du jour, which, this year, is collaboration for the intelligent age."

The event, which will take place from January 20 to 24, is invite-only and costs tens of thousands per ticket. But those who want to rub shoulders with attendees — last year's guests included Sam Altman, Bill Gates, and Larry Fink — aren't completely barred from the Alpine resort.

Most of Davos' luxury hotels, like the Steigenberger Grandhotel Belvédère and AlpenGold, are closed to the public, so nonofficial guests are better off renting an apartment — for a price. A rental room in a Davos apartment during this year's summit comes at a starting price of more than $1,605 a night.

And good luck finding food. With most of the restaurants booked up for conference events, you may be left paying $43 for a hot dog.

February: Super Bowl
Clark Hunt at the 2024 super bowl
Kansas City Chiefs CEO Clark Hunt, a member of the billionaire Hunt family, celebrated the team's 2024 Super Bowl win.

Steph Chambers/Getty Images

NFL teams are among the most popular toys of the ultrarich: Walmart's Rob Walton has the Broncos, hedge fund manager David Tepper owns the Panthers, real estate tycoon Stanley Kroenke boasts the Rams, Clark Hunt and his siblings control the Chiefs, and so on.

Every year, these billionaire owners — as well as billionaire fans — flock to the sport's biggest game every year, though Super Bowl weekend as a billionaire involves more than just wings and commercials.

Host committees and travel agencies have curated luxury experiences for the richest football fans. These experiences cost six figures and include chartered jets, five-star accommodations, and access to the field after the game. Suites at this year's game in New Orleans are going for up to $1.8 million on rental platform Suite Luxury Group.

The second hottest ticket, after the game, is the private parties, known for their superstar performers. Last year's Roc Nation party counted billionaires Jay-Z and Jack Dorsey among its attendees, while at the annual Fanatics bash, Michael Rubin mingled with Travis Scott and Robert Kraft posed with Tom Brady.

"The Super Bowl is always a draw. It's an excuse to see the best of the best in terms of sports, parties, and entertainment," Elisabeth Brown, client manager at travel and lifestyle concierge company Knightsbridge Circle, told Business Insider ahead of last year's game.

March: BNP Paribas Open
Larry Ellison and Bill Gates
Larry Ellison and Bill Gates at the BNP Paribas Open at Indian Wells.

Sean M. Haffey/Getty Images

The BNP Paribas Open, which takes place in early March, is one of many tennis tournaments favored by billionaires.

Larry Ellison, the cofounder of Oracle and one of the world's richest people, owns the tournament, and Indian Wells local Bill Gates is a regular attendee.

In 2024, billionaire scions Emma Navarro and Jessica Pegula played in the tournament.

April: The Masters Tournament
tiger woods swinging golf club
Tiger Woods is the only billionaire to have won the Masters Tournament.

Warren Little/Getty Images

Forget Easter. The first signs of spring mean one thing for billionaires: golf.

Each year, the Masters Tournament kicks off the run of major professional golf championships at Augusta National. The famously exclusive club in Georgia — it didn't allow women to join until 2012 — counts a number of billionaires as members.

Warren Buffett and Bill Gates, as well as Warren Stephens, David Ziff, and Stanley Druckenmiller, belong to the club, Bloomberg reported in 2015.

Each year, hundreds of private aircraft land at the airports around Augusta. In past years, billionaires like former Nike CEO Phil Knight, hotelier Robert Rowling, and investor Herbert Allen Jr. have had their planes touch. So has Tiger Woods — the only billionaire winner of The Masters.

His victory means he is the proud owner of one of Augusta National's iconic green jackets, which are only allotted to members and Masters winners.

The secretive club hasn't ever spelled out its membership process, but it's invite-only, and new members can only join when existing ones leave. The general public can, though, spectate alongside some of the biggest names in business. Tickets for the Masters are available through a lottery system — or for as much as $10,000 on the secondary market.

May: The Cannes Film Festival
George Lucas and honorary Palme d'or
Billionaire George Lucas, the creator of Star Wars, won an honorary Palme d'or at Cannes in 2024.

Lionel Hahn/Getty Images

Summer starts early for billionaires, who dock their yachts for the Cannes Film Festival at the end of May.

While the event is technically reserved for entertainment industry professionals, according to its website, the superrich can pay to play. For them, the fête is as much an opportunity to get a first look at Oscar winners as it is to mingle with stars on the Croisette.

The festival was one of the first stops on Jeff Bezos' 2023 grand debut tour of his $500 million superyacht Koru, which he disembarked to hit up the Vanity Fair party at the Hotel du Cap-Eden-Roc, a favorite venue of the very wealthy and those who court them. In years past, the likes of David Geffen and Len Blavatnik have turned up at the same event.

The richest in entertainment, like billionaires Steven Spielberg and George Lucas, have appeared at the festival, while those from other industries, like François-Henri Pinault and the late Paul Allen, hosted their own parties at the film festival. The former throws the Kering Women in Motion Dinner each year, while the latter was known for his themed yacht parties.

June: The Royal Ascot
king charles and queen camilla in a carriage arriving at royal ascot
The Royal Ascot attracts both actual royalty and business royalty. Last year, King Charles III and Queen Camilla arrived in a carriage with billionaire Anthony Bamford.

John Walton/PA Images via Getty Images

While a number of billionaires spend June in the Hamptons or on yachts crisscrossing the Mediterranean, some prefer to spend it on dryer land.

The headline billionaires at the Royal Ascot, an annual horse race held about 25 miles outside London, are the members of the British royal family. But many others — and their hats —are in attendance.

The rich crowd is different from the one at a typical F1 Grand Prix, and some billionaire horse owners — like Chanel's Alain and Gerard Wertheimer; the shipping scions of the Niarchos family; Tetra Pak heiress Kirsten Rausing; and construction magnate Anthony Bamford — have even had skin in the game.

For over 200 years, the Royal Ascot has been open to the public, with about 300,000 people attending the five-day event every year.

But don't expect to get near the rich and famous. Joining the Royal Enclosure requires a special application process, including having two sponsors. Plus, there's a strict dress code — no spaghetti straps or bow ties allowed.

July: Allen & Company Sun Valley Conference
Jeff Bezos and Lauren Sanchez
Billionaire Jeff Bezos and his fiancée Lauren Sánchez at the 2024 Allen & Co. conference.

Kevork Djansezian/Getty Images

Every July, private jets descend on the small town of Hailey, Idaho, for the summer counterpart to Davos: the Allen & Company Sun Valley Conference — also known as billionaire summer camp.

Since 1983, boutique investment bank Allen & Co — its president, Herbert Allen, is a billionaire himself — has hosted the event, which attracts the biggest and richest names in business, including Jeff Bezos, Sam Altman, Bill Gates, Mark Zuckerberg, and Warren Buffett.

The conference has become known for the deals struck in between rounds of golf, guided hikes, and tennis matches. It's where Jeff Bezos snagged The Washington Post for $250 million in 2013 and where the seed for Disney's $19 billion acquisition of ABC was planted in 1995.

Hot topics at the 2024 conference included the planned sale of Paramount to Skydance — with Shari Redstone making a grand entrance — artificial intelligence, and the presidential election.

The vacation-cum-business-meeting is invite-only and pretty much restricted to masters of the universe dressed in vests and quarter-zips. Security is strict, with even the press walled off from most of the wheeling and dealing.

But when the conference is not in session, you, too, can stay at the Sun Valley Lodge, the home base of the retreat that offers a year-round ice skating rink, luxe spa, and pool with a view of the mountains. The most basic rooms cost upward of $500 a night over the summer, and suites go for upward of $1,500.

August: Burning Man
A series of vehicles decorated with neon lights drive through the playa at Burning Man, surrounded by attendees.
Burning Man has its own pop-up airport for all the billionaires who prefer to charter their way to the festival, built around the ideas of "decommodification" and "leave no trace."

Julie Jammot/Getty Images

On its face, Burning Man — the anticapitalist art and music festival in the Nevada desert — doesn't sound like an event for billionaires. But the richest people in the world don't seem to care about whether they're wanted.

Since the 1990s, attending Burning Man has become a sort of status symbol for the tech elite. Google founders Sergey Brin and Larry Page are longtime Burners — the festival inspired the very first Google Doodle — as is Eric Schmidt, Google's former CEO.

Facebook cofounders Dustin Moskowitz and Mark Zuckerberg, and Uber cofounder Garrett Camp have also attended. Even Ray Dalio, the billionaire hedge fund manager, wanted to see what all the hype was about and joined in on the party in 2019.

While ticket sales were down last year — the event did not sell out for the first time since 2011 — the uber-rich still attended. Hundreds of private planes flew into Black Rock City's temporary airport during the festival. The starting price to charter a plane through Burner Express Air was $9,000, one way.

The experiences of many celebrities and billionaires on the Playa lean less on the "decommodification" and "leave no trace" principles of the festival and more on the "immediacy" one — as in instant gratification. They travel around in tricked-out art cars (basically fancy golf carts) and forego rustic tents for more fancy camps, complete with furniture, air conditioning, and personal chefs who charge six figures for their services.

This may explain why there was a hefty dose of schadenfreude when Burning Man went underwater, quite literally.

September: The Monaco Yacht Show
monaco yacht show
A number of billionaires display their superyachts at the Monaco Yacht Show, where they are available to purchase or for charter.

VALERY HACHE/AFP via Getty Images

There are yachts, and then there are the superyachts — and those are aplenty at the Monaco Yacht Show in Monte Carlo, where billionaires gather at the end of the summer to scope out their new toys. (There are also, technically, megayachts, but for plebeian purposes, they are one and the same.)

The 120-plus boats on display have an average length of 165 feet and feature elevators, bars, spas, pools, gyms, hot tubs, and helipads — sometimes more than one. Jet Skis and submersibles are popular add-ons.

Last year, billionaire NFL owner Shahid Khan's superyacht Kismet debuted at the show. The yacht, which features three pools, a pickleball court, and an outdoor movie theater, is available to charter for $3.4 million a week.

Billionaire Google cofounder Sergey Brin's superyacht Dragonfly was also on display. Brin, who owns several boats and water toys, is seeking to sell the ship for $30 million.

In the past, yachts owned by billionaires like Paul Allen, Steve Wynn, and Pier Luigi Loro Piana have been exhibited at the show. The event also used to be a favorite of opulent Russian oligarchs, though sanctions have prevented them from attending for the past couple of years.

If you're looking to peruse boats that you can't afford — or maybe to meet a billionaire who will invite you on theirs — you're in luck: The Monaco Yacht Show is open to the public for the small price of 600 Euros, or $640, a day.

October: The Frieze Art Fair and Art Basel Paris
Art Basel Paris
Wealthy collectors convened in Paris last year for the city's take on Art Basel.

Luc Castel/Getty Images

October brings multiple opportunities for the rich to add to their art collections.

First, the Frieze Art Fair and nearby Frieze Masters, held annually in London, focus on contemporary art and pre-21st century art, respectively. In years past, collectors like Point72's Steve Cohen, Diamond titan Laurence Graff, and the wife of hedge fund legend Louis Bacon, Gabrielle, have all been spotted there.

Shortly after, across the English Channel, is Art Basel Paris, a relative newcomer to the art scene. Last year's fair drew James Murdoch, who is an investor in Art Basel's parent company, and Charles Schwabs's wife Helen, as well as celebrities like Natalie Portman and Owen Wilson.

Louise Bourgeois's sculpture "Spider I" marked the fair's biggest sale, going for a cool $20 million, and several works went for seven-figure sums. Exactly which moneyed collectors are behind specific purchases tends to be kept under wraps.

While anyone can buy tickets to the fair itself, the fetes surrounding art fairs are a more surefire place to spot a billionaire or their younger, edgier heirs. A look at party snaps from the last few years shows Gordon Getty's granddaughter Ivy Getty, Cohen's daughter Sophia, and Roger Penske's granddaughter Sophia mingling with art-world celebrities.

November: Le Bal des Débutantes
Le Bal des Débutantes
Le Bal des Débutantes brings together the daughters of wealthy and famous people from around the world, like Ginevra Fontes Williams, the daughter of Italian princess Valentina Moncada.

Martin Bureau/Getty Images

Le Bal des Débutantes continues the centuries-long tradition of rich, famous women presenting themselves to a slice of society.

The ball is invite-only, and no one, not even billionaires, can buy their way in — at least that's what Ophélie Renouard, the founder of the ball's current iteration, told Business Insider in 2023. Renouard handpicks the cohort of about 20 women each year who go to Paris for a weekend of photoshoots, makeup and hair appointments, and traditional waltzes.

Typically, at least one billionaire heiress is among the group of debutantes. Last year's class included Peyton Spaht, the daughter of billionaire private equity titan Holden Spaht; Sienna Gallienne, an heir to the Frère family fortune, and Apple Martin, the daughter of Chris Martin and Gwyneth Paltrow, who, though not a billionaire, made headlines for her appearance.

Araminta Mellon, Kayla Rockefeller, Laila Blavatnik, and Amanda Hearst have also participated in the tradition, usually with their very wealthy parents in tow.

As is often the case for the rich — and rich nepo babies, in particular — things come free: The weekend's dance lessons, couture gowns, glam squads, and jewels are paid for by sponsors.

December: New Year in St. Barts
A St. Barts harbor with several smaller boasts and some bigger yachts.
Superyachts often stop in St. Barths, a favorite of the ultrawealthy for decades.

Alison Wright/Getty Images

Billionaires ring in the New Year seemingly anywhere but at home. And while Aspen and Maldives are popular choices for the wintering elite, there is perhaps nowhere with more billionaires per square foot during the holidays than St. Barts.

The Caribbean island, Saint-Barthélemy, has attracted yachts owned by the likes of David Geffen, Barry Diller and Diane von Furstenberg, and Bernard Arnault for year-end festivities.

For those who don't stay on yachts, rooms at popular luxury hotels like Eden Rock and Cheval Blanc, owned by Arnault's LVMH, cost upward of $5,000. And even the less expensive hotels aren't exactly cheap; a room in the least expensive hotel available for the week between Christmas and New Year's will run into the four figures per night.

Read the original article on Business Insider

Before yesterdayMain stream

Photos show the USS Sequoia, the US presidential yacht once known as the 'floating White House'

2 January 2025 at 07:06
The USS Sequoia on the water.
The USS Sequoia served as the presidential yacht.

YURI GRIPAS/AFP via Getty Images

  • From 1932 to 1977 US presidents had a private yacht named USS Sequoia at their disposal.
  • Aboard the Sequoia, presidents hosted foreign leaders and held glamorous parties.
  • The boat was sold by the government by order of President Jimmy Carter in 1977.

From Air Force One to armored cars like "the Beast," the president of the United States tends to travel with a degree of style and fanfare.

Until the 1970s, perhaps the ultimate option was the US presidential yacht, a ship maintained for their exclusive use and known as the "floating White House."

On board, presidents hosted foreign leaders, held glamorous parties, and escaped the cares and clamor of Washington, DC.

President Jimmy Carter sold the yacht at auction in 1977 as part of his efforts to rein in the opulence of the presidency.

Take a look inside the last-ever presidential yacht, the USS Sequoia.

The USS Sequoia was designed in 1925 by Norwegian John Trumpy, who at the time made the most sought-after luxury yachts in the world.
USS Sequoia
The USS Sequoia on the Potomac River.

Al Fenn/The LIFE Picture Collection via Getty Images

The yacht, named after Sequoyah, a leader of the Cherokee Nation, measured 104 feet long. In its heyday, it had elegant cabins of mahogany and teak with brass finishings.

The US government bought it from a Texas oil tycoon in 1931 for $200,000, and it was soon reserved for use by presidents.

The vessel was berthed at Washington Navy Yard, a short drive from the White House.

Herbert Hoover was the first president to use the vessel, embarking for Florida coast fishing expeditions on the boat.
The USS Sequoia.
The USS Sequoia.

AP

Hoover was so enamored of the Sequoia he even used a picture of it on his 1932 Christmas card.

However, at a time when many Americans were suffering from unemployment and poverty due to the Great Depression, the card drew criticism from political opponents.

The Sequoia has ample crew quarters and could sleep around eight people in her three double and two single state rooms.
The main bedroom on the USS Sequoia.
The main bedroom on the USS Sequoia.

Tom Williams/Roll Call/Getty Images

In the president's bedroom cabin, the presidential seal decorated the wall above the bed and the bedspread.

The vessel had a spacious aft-deck, where about 40 guests could gather.
A view over the deck of the USS Sequoia.
A view over the deck of the USS Sequoia.

Tom Williams/Roll Call/Getty Images

It was ideal for hosting family gatherings, or meetings with foreign leaders and their staff.

Up to 22 guests were able to dine on the vessel.
A view of the piano and dining room of the Sequoia.
A view of the piano and dining room of the Sequoia.

Tom Williams/Roll Call/Getty Images

President Harry Truman added the piano to the salon after becoming president in 1945.

Lyndon Baines Johnson later added a drinks bar.

Different presidents made their own adjustments to the vessel.
President Franklin D. Roosevelt on the USS Sequoia.
President Franklin D. Roosevelt on the USS Sequoia.

AP Photo

President Franklin Delano Roosevelt, who used a wheelchair for much of his presidency, had an elevator installed so he could access each deck.

According to legend, he also decommissioned the vessel so he and Prime Minister Winston Churchill could enjoy alcoholic drinks on deck while they planned their strategy in World War II.

At the time, no alcohol was permitted on US Navy vessels.

The vessel was intended as a place presidents could use as a private retreat, and there are no official records of its guests. As a result, rumors have long circulated about what took place on board.

The vessel was ideal for hosting foreign dignitaries, far from the glare of the media.
Nixon Brezhnev
President Richard Nixon, center left, with Soviet leader Leonid Brezhnev, center right, on the presidential yacht.

AP Photo, File

In June 1973, President Richard Nixon hosted Soviet leader Leonid Brezhnev on the Sequoia, where the two negotiated the SALT-1 nuclear arms treaty.

It was Nixon who embarked on more trips on the boat than any other president, taking more than 100 in total.

During the Watergate crisis, he used the boat as a refuge.

Nixon told his family of his intention to resign the presidency over dinner on the Sequoia before retiring to the boat's saloon to drink scotch and play "God Bless America" on Truman's piano, CBS News reported.

Presidents also used the yacht on private trips, where they hosted friends and family.
Kennedy birthday Sequoia
President John F. Kennedy celebrated his 46th birthday aboard the USS Sequoia.

Robert Knudsen/John F. Kennedy Presidential Library and Museum

On May 29, 1963, President John F Kennedy celebrated his 46th birthday aboard the Sequoia.

Among the guests for the dinner-party cruise were actors David Niven and Rat Pack member Peter Lawford, who was married to Kennedy's sister.

His brother Bobby Kennedy, the attorney general, was among the family who attended, alongside select members of Washington high society.

Guests described the event to The Washington Post as a raucous party, with French cuisine, flowing Champagne, and the president even making a pass at the wife of a party guest, a prominent journalist.

The birthday party was to be his last. Seven months later, Kennedy was assassinated on an official visit to Dallas.

President Lyndon Baines Johnson used to project movies on the main deck.
LBJ Sequoia
President Lyndon B. Johnson, left, dined aboard the USS Sequoia.

LBJ presidential library

Johnson would use a projector to watch Western films on board the ship.

He also used the Sequoia as a retreat to cajole potential allies and formulate policy.

On board, he hosted members of Congress whom he lobbied over his landmark civil rights bill and strategized with officials as the US became further mired in the Vietnam War.

Nixon's secretary of state, Henry Kissinger, said the Sequoia allowed the president to "remove himself from the machinery of the White House."
President Richard Nixon, center, with businessman Ross Perot, left, and others aboard the USS Sequoia.
President Richard Nixon, center, with businessman Ross Perot, left, and others aboard the USS Sequoia.

The LIFE Picture Collection via Getty Images

"Of course, he can get on a plane and go to Florida or anywhere else, but that requires throwing the machinery into motion," Kissinger told Newsweek in 2012. "But here, he just can say at 5 o'clock: 'I'm going to the boat, I'm taking four or five people. And you don't have to call it a meeting and you don't have to prepare the papers.'"

Vowing a more modest presidency, Jimmy Carter sold the Sequoia in 1977.
The USS Sequoia presidential yacht.
The USS Sequoia docked in the Navy Yard.

The Washington Post/The Washington Post via Getty Images

When Carter took office in 1977, he sought to make good on his election pledge to strip the White House of the trappings of an "imperial presidency."

With running costs totaling $800,000 a year, the Sequoia had to go.

The New York Times reported it sold to a private buyer, Thomas Malloy, for $286,000, or almost $1.5 million in today's money, when adjusted for inflation. Malloy turned the boat into a tourist attraction.

Later, Carter revealed that selling the vessel was a decision he came to regret.

"People thought I was not being reverent enough to the office I was holding, that I was too much of a peanut farmer, not enough of an aristocrat, or something like that. So I think that shows that the American people want something of, an element of, image of monarchy in the White House," he told the JFK presidential library in a 2011 interview.

After sitting in disrepair for years, the presidential yacht is undergoing restoration work.
The USS Sequoia is transported on a barge for restoration work.
The USS Sequoia was transported on a barge for restoration work.

Aaron Jackson/AP

After its sale, the presidential yacht had a succession of owners.

It was designated a National Historic Landmark in 1987, spent the '90s in a shipyard, and ran chartered cruises until 2014.

However, the Sequoia fell into disrepair in subsequent years amid a legal battle over its ownership. It sat decaying in a Virginia dry dock, overrun by raccoons.

Its current owner, investor Michael Cantor, began restoring the vessel in 2019 and plans to house it at the Richardson Maritime Centre in Maryland when the work is complete, Boat International reported.

Read the original article on Business Insider

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