And they look the same too. So is literally just a dick-measuring contest. At least the ultra-wealty of old flexed with genuine art and interesting architecture.
A ship that carries yachts over water so that the super rich get to attend events they don't even want to attend, causing prices to skyrocket and carbon emissions to go nuts, while the average middle class person gets criticized for using their heater in August is truly the pinnacle of irony
I got to love all these green activists targeting us for what we do like drive a suv and use plastic straws instead of what these people do Gotta love green capitalism
just when I think I have a sense of what luxury is or how the wealthy live, I hear phrases like “WWII simulating private yachts for bored rich kids” and then I realize that I know nothing
@@ThwipThwipBoomit’s not only boredom. It’s a total lack of ethics and morality. Allowing billions to die of suffering as a direct flip side of your choice to indulge rather than to help them. It’s utterly ridiculous. I pray I never get so totally messed up.
@@patinho5589 Some of the world's problems aren't easily fixable by throwing money at them. It's certainly not as simple as "these people suffer because this guy bought a yacht". If you could just throw money at dirty water issues and fix it, it would have been fixed ages ago.
@@Joenzinator but not trying with the money you have is still a crime. Time, energy and money. Mainly energy. Money can pay for some energy to be spent. There is a lot you can do with money. But prayer is required for some of the bigger problems such as North Korea. Concerted joint prayer. 80,000 people in a stadium doing dynamic prayer for one hour. Every person on the planet doing it for one day.. Would change our world completely from morning to night. The whole world changed.. in one day.
I'm still trying to figure out *why* they exist. Why do people have their boats shipped across the ocean instead of just having a skeleton crew sail it across under its own power? Is it faster? Is it to avoid the downtime from the wear and tear that a transoceanic crossing would normally cause? It can't possibly be cheaper, can it?
@@scjones25 Many of the yachts small enough to be shipped aren't deep-water capable. Plus you can give your crews the downtime and just fly them out to meet the yacht and get it ready before the owner gets there.
@@scjones25 Alot of the smaller yachts don't have the 3500 nautical range to cross to Atlantic, yachts over 50-60m would be okay i guess. Plus as you mentioned it cuts down on wear and tear and gives the crew a break as you only need a skeleton crew for the crossing. Plus you will save tens of thousands of $$$ in diesel. Whether it's cheaper or not not i'm not sure, but if you are a multi millionaire i don't think the money is a problem
This video reminded me of a book called "The Velvet Rope Economy." It details how businesses from Disney World to Healthcare have changed their models to squeeze as much money out of the wealthy as possible while reducing quality of service for the vast majority of customers.
The entire world feels like this, like its a fucking gacha game and only the "whales" are given any concern because thats who they can squeeze the most money out of
Reminds me of being at an amusement park next in the regular joe line when all the fast express pass holders breeze by since I didn’t want to spend another $300/day.
@@lloydwoodward9053 I only make $50k a year, but my friends talked me into spending the extra $300 to do the VIP version of Universal Studios Hollywood. Literally jogging past everyone standing in hour long lines and walking straight on to every attraction was a spectacular, *thrilling* experience. I'm never going back to regular admission, NEVER. I'll happily pay a huge premium to have a once-in-a-lifetime delightful memory and economize elsewhere.
@@ccdecker until everyone gets them. Now you're back where you started. (of course, then they'll offer a double-express version for triple the original price)
The ultra wealthy's travel being inconvienced by the super wealthy is devastating. I'll think about them next time I'm stuck in the middle seat while flying coach
Supposedly, 80% of the world's population has never flown in an airplane. So if it's something you routinely do, while you're not ultra wealthy, you're decidedly better off than most!
@@nordiskkatt i have only flown on a plane one time, ever. And i literally can only do so if i use those shifty small puddle jumper tickets and get off midway, buying a ticket from say, new york to la to get off somewhere in the middel
I’m a superyacht paint expert in South FL, I can confirm everything you said about the yachts is correct. The yachting industry is the most unique, bc money usually isn’t a problem. The limitations of physics, is the only thing holding them back.
My friend 2010s had a smaller yacht 🛥 + a smaller boat. He explained to me the lower end, entry level boat owners, water craft guys are at the whims, schedules of billionaires or those with family wealth 🧐. They may own 1, 2, 3 or more yachts. Can get the best repair or ship business firms.
And unless you are paid directly for your service you never get a cut of that money. When I was doing HVAC work in NYC I Damm well made sure to get part of those huge fees paid to the maintenance company I worked for. Eventually I was billing out about 50% of the ticket on jobs and the boss eventually was like "we need to put you on an hourly salary" I was like NOPE and left the next day!! I head from the dispatcher a while later the next 3 low wage techs he got were terrbile and the last one was driving the work van drunk and crashed it into a bus stop shelter and a line of parked cars then fled the scene, he later told the police and boss the van was stolen even though the keys were inside and his face was all smashed up like he was in a car accident! 😂
@@asdsdjfasdjxajiosdqw8791 You regularly spend more money then some people will make in their entire life. However you don't fancy thinking of people below you, do you?
"I simply cannot afford to pay my workers a penny above the minimum wage", "Now please excuse me whilst I park my ship inside another ship, to save me the inconvenience of having to sail it"
Truly amazing how's there never money for raising wages even a little bit, but there's always money to buy $100 million super yachts and $50 million private jets.
I fly a private jet out of Texas (won’t specify the city/airport code). One day, the owner who happens to be a billionaire called us to fly his dogs to Florida, basically to drop them off and fly back to Texas. The aircraft I fly costs $14,000/hr, he dumped around $70,000 just to drop off his dogs.
I run a boutique hotel in Dubrovnik, Croatia. We had extra rich clients book the entire hotel of 11 rooms for 12 weeks this spring and summer. One client booked the whole hotel for two weeks for him, his wife + driver and assistant. At any given moment there was staff of 30ish people for 4 guests.
I know (well, knew) two people in Croatia. Digitally only, as, I live in the U.S. They both disappeared during this entire RUS v UKR thing. They were dirt poor. 😕 Very interesting how the rich must live. Sounds extremely wasteful, just as I'd imagined.
@@Novastar.SaberCombat dirt poor, sounds about right. The war thankfully doesn't affect us apart from inflation. Also if i had to work super hard for my money i'd be wasteful with it lmaoo
We’re the hotel staff tripping over each other? How ridiculous. I am disabled and I cannot afford someone to help me more than once a week. I could use help twice or three times a week with housekeeping, shopping and cooking. I would love to visit Dubrovnik. It looks like a beautiful place.
I had no idea that rich people boated their boats to new boat spots. Of course, the "growth" of these industries is significant at the scales they currently exist, but not at scales that would benefit anyone but the people working directly within them.
While i understand the concept that since some boats aren't capable of crossing the ocean on their own power, the idea of a ship carrying other ocean worthy boats is still hilarious. Its just I'm used to the 20ft range of boats being considered unworthy of the open ocean, not something called a super yacht being unworthy of the ocean.
@@jasonreed7522 A lot of these yachts are also way bigger than the wooden ships with sails that crossed the ocean hundreds of years ago. Part of it is probably cost since you would have to pay for a crew and fuel to go across, plus I'm not sure how sturdy some of the fittings inside the yacht are. All their stuff might get tossed in 9ft seas and it would cost even more to repair everything. Still it's like they have a yacht, but they never actually sail on them. They are just expensive buildings on the water that they can show off.
@@jasonreed7522 I've been working on large cargo ships for a little over 10 years now as a navigator. Ocean storms can get gnarly even for large cargo ships and it's not uncommon to change routes for bad storms. But as "Jason S" said, it's probably more about the cost. Large ships burn less fuel per ton-mile compared to smaller boats, so a large ship carrying yachts will burn less fuel than all the yachts all sailing on their own. Also, they probably save on the cost of manning the voyage and insurance for the crew.
Ten years ago, my wife (then 54 years) and I (then 57years) bought an economy class plane ticket around the world. We planned out the itinerary ourselves and travelled for nearly five months with each a small suitcase: 2nd class trains in India, auto-rickshaws in Cambodia, canoe in Peru's rainforest, camped on Easter Island,. We stayed in hostels, pensions, and no-star hotels, ate street food, often cooked our own. And the people we met, both locals and fellow travellers. We had the time of our lives. I would think that those who travel about on super yachts or charter jets, who have someone plan for them a secret itinerary away from regular people and only associate with people like themselves simply miss the point of living. Boring. Not to share your seat on a bus with a goat or get overwhelmed by a crowd on a Beijing train platform or be befriended by a beggar who just wants to talk is to miss the better part of going somewhere. .
It's what your preference is when you travel. If you want a pampered experience at the cost of losing the authentic experience then so be it. It all comes down to preference.
You've got a lot to *LOSE!* being a billionaire .. I'm a basic middle class American, good job, home, etc. I would be targeted by scammers or kidnappers who assume all Americans are wealthy. Now, imagine being a real billionaire wishing u stayed on the golden path with security and such
It's insane that, even as I have an income multiple times that of the median American, I'm still only considered "Middle Class", and that I have more in common with a homeless person than I do with a multimillionaire, let alone billionaires. The scale of the inequality is absolutely inconceivable, and our society is falling apart at the seams, stretched too thin because of the constant upward transfer of wealth.
One may argue that in the days of Rockefeller and Carnegie and other Barons of industry, in comparison to the working poor living in packed tenements and working in dangerous factories making a nickel an hour, the wealth gap was actually worse. But the differences are for one that today there are more elite wealthy because of a bigger global market and because of the technology boom, and also they are more in the public eye because of modern media.
The wealth gap has increased, but the floor has also increased significantly. Global wealth has grown for all income classes. It's also not very hard for an upper-middle family to become ultra-rich, but it takes time (a lot of time). If a family can invest $20,000/year in the S&P500 (and increase that investment at the rate of inflation) it would take about 71 years to get your first billion. The problem is that it takes a couple generations, and also most people wouldn't want to live like that. Most people will retire after they hit about $5million, and when they give the rest to their children, their kids will spend it. It takes a tremendous amount of discipline to keep working hard and investing when you have already accrued enough money to live in relative luxury.
@Joenzinator The floor has definitely increased, and global poverty has been greatly reduced, even from when I was born less than 30 years ago, for which I'm grateful. I definitely wouldn't agree that it's easy for the upper-middle class (top few percent of income in my country) to become ultra-rich (top 0.001%). Mathematically, it just doesn't compute, with such growth requiring a lot of assumptions about market stability and returns.
@@jacobbernard1393 It doesn't really require a lot of assumptions. If you look at any 25-year period, the annualized returns are between 9% and 17% returns. I picked 12% for my calculations, but if it was 10% it would just take a few more years. And my point was that in your lifetime, you probably won't be a billionaire. But it would be possible to make your grandchildren billionaires without doing anything extraordinary.
@@Joenzinator Okay, that's a clearer point; the intergenerational impact of wealth is pretty astonishing, no doubt. My parents were destitute for much of my life, but within a single generation, I've managed to claw into the upper-middle class due to smart decisions, hard work, and most importantly, luck. It does interest me to consider how well my grandchildren could potentially live, as my family's future wealth cascades into their inheritances.
What I learned today is that the prices of luxury stuff is not driven by supply and demand they're a form of gatekeeping to keep the billionaires feeling superior to the peasant millionaires. Actually I think that's true all the way down.
btw, I mentioned who Bezo's girlfriend was because your humorous, suggested scenario made me think that since Lauren Sanchez is involved with the media there would be a great chance that she would find out. lol.
People are assuming she wants or expects a hetero-normative closed monogamous relationship. Despite his obnoxious personality, he probably gets plenty of suitors that offer any relationship style he wants.
It's hard to understand how secretive their hidden mansions are. My family has a small cabin in Michigan. I knew the neighbor had a lot of land but that was about it. A couple years ago the guy dies and the property goes up for sale. 8 million dollars.
Typical mansions north of San Francisco are on the order of $100M+ . There's no benefit for wealthy to flaunt their wealth, usually only downside. Ordinary people have no clue what "rich" really means and how life changing it really is as they work for their week-to-week paychecks. It's obscene.
8 million isn't anywhere near the ultra rich, but I guess it depends on location. Certain houses along the West Coast can go easily go for $10 mil. I lived in an area where 1000+ Sq ft. houses were rarely under $1 mil, and there's even an active asking for a 3-story 3,500 Sq ft. for $10 mil.
Stop noticing things! It's a complete coincidence that some random pimp is close friends with all the world's wealthiest people. When Jeffrey and Bill get together for slumber parties they play video games and watch silly horror movies. They definitely do not rape any children.
Fuck that. I can drive my car 15 minutes to and from work each day or I can spend an hour biking there in the cold to and from each day. Screw the planet, i'll be dead before it gets REALLY messed up and I don't have kids to worry about.
If you are from the west, you most likely live unsustainably too. Sure they are much worse, but you are not that better, especially considering there are much more of your kind.
I read about a person working on one of those yachts describing how they would prepare large amounts of luxurious breakfast, lunch and dinner every day, and then also throw it all away everyday beacuse the owner was never there. We are talking basically everyday all year every year, what a fucking waste.
Imagine buying a massive boat to sail the seas and then having another boat have to carry your boat across those same seas to go to a boat club where people admire how big your boat is only for someone slightly poorer than you to buy a boat so you have to freeze yourself in Antarctica because you want to look richer is truly the pinnacle of human evolution
More like sail the shores or rivers. These boats aren't great for the sea at large or oceans. They can sail quite easily if the waters are calm but they don't stay too calm for long and going too far into the sea will be risky. Storms will be worse the farther you go from the shore. That being said....this is exaggerated.
Super yacht owners dont travel on their yachts. They have them travel to a place they want to take a vacation at then fly there. See the eSysman Superyachts RUclips channel. It’s an eye opener!
I once was upgraded to a premium economy class because I had a lot of milage. The toilet was broken near me, so I was assisted to the first class area to use the toilet. Man, that's when I noticed how shit my premium economy seats are.
Economy class makes the airlines very little money. It's the business and first-class that they earn the majority of their profits. Because each plane can't fill up just with business/first-class customers, that's why economy exists: to fill up the rest of the plane.
@@FKS1994 unless you fly with Ryanair or other ultra low budget lines. they do go for economie only. they do often succeed in filling the seats to 80% and higher. and often can use 1 aircraft about 3 to 5 flights every day.
Social status and connections is a huge thing for rich people. I have met some very wealthy people who were dumb as dirt, but if all their friends are mega millionaires, it’s likely they get many great money-making opportunities.
Being rich = doing the right thing at the right time + knowing the right people or just being born rich. No amount of brainpower, hardwork or persistence can top those things unfortunately. All those self made stories of rags to riches we hear are given so much attention because they are rare af
@@cyzcyt You worked for the scraps of the American Neo Liberal Empire that allows this to happen on the first place. ANd don't worry in the Soviet Union it was practically the same. The human nature never changes.
@@cyzcyt this is a goofy comment, by your theory alone you don’t know the hardship either if you’re privileged with previous generational wealth. No, working hard is not always enough for everybody or else many more would be well off. But society will always continue to make you think so and believe in the “American dream” narrative
"as long as it's legal..." I think we can all agree that people with this kind of money are getting a whole lot of illegal things done too. For an extra price, of course.
Legal or illegal is a matter of definition. Cruiseships have to lock the casino doors while in port. As soon as the ship is in international waters, it's faites vos jeux.
One of the things I've learned about the super rich simply from living right by Palm Beach island is that things are never what they seem. As an example, people have this idea of Palm Beach island being so glorious and pristine. But there's a dark secret to that place. You see, here in south Florida, feral cats have been roaming for decades. So long that they are now an integral part of the urban ecosystem. But Palm Beach Island has no appreciation for these cats so they constantly are getting rid of them. And by doing so are removing the one thing that combats their dark secret. A massive, disgusting rat problem. I've worked with a bunch of pest control companies over the years and the stories they tell about some of these mega mansions and mansions being infested with rats is crazy.
Why on earth would u want cats running around the place 😂😂😂, just get rid of the rats yourself, a few traps, some poison and an airgun is all u need U could always call a pest exterminator too if u got the cash to lose Ppl be thinking they need to live in a jungle to be free of rats 😂😂😂
This happened on the island I live on in the Outer Banks. They even think the town released coyotes to kill the cats, which caused a rat explosion in 3-10 million dollar second homes.
@@Mcbignuts I don't think you understand how hard it is to exterminate rats in homes that have no one living in them, much less exterminating them from an entire city/region. It really does take a natural predator that operates and reproduces of it's own accord to hunt and kill pest infestations that cover such large areas. The people with those huge second homes are also usually busy people, or people that are more likely to not take calls about problems with their second home seriously until they want to go use it and find out first hand that they should've taken the warnings more seriously back when the issue was manageable/first noticed.
5:35, I started working for a related charter company to these as a pilot after the regional airline I had previously worked for went bankrupt in 09/2020. It was honestly eye-opening seeing the vast differences between flying the airlines (which serve a cup of drink and a small snack on anything
If the workers take a notion They can stop all speeding trains Every ship upon the oceans They can tie with mighty chains Every wheel in the creation Every nine and every mill Fleets and armies of all nations Will at our command stand still
None of these uber wealthy people are truly happy inside. I promise you if you were able to scan the hearts of these uber rich and then my elderly neighbor who barely leaves her own neighborhood and bakes pies for her neighbors… her heart is happier
I used to feel bad driving into the office to avoid the subway and mass transit as my company has forced us remote worker in but now I feel a little less bad as I know my fuel sipping diesel burns nothing in 1 year copaired to these private jest on 1 trip.
Understand that 15 companies (owned by these people) produce 70% of emissions. Your average car trip is peanuts compared to the mountains of CO2 Bezos individually, let alone Amazon, belches into the atmosphere. They want to make you feel guilty so that you impoverish yourself in the name of environmentalism rather than they stop living this ridiculous lifestyle.
I think the yacht parking really makes an important point here. People don't really understand just how obscenely wealthy the wealthy really are. But the idea that they spend more than most people make in a year for a single night of parking their yacht at a dock is disgusting.
@@jdrancho1864 that.... in no way relates to what I said. I was commenting on the fact that a single night yacht parking is over $80,000. More for a single day than most people make in a year.
@@anthonydelfino6171 OK, but I read your comment in context of the video. It shows how the biggest vessels get pride of place, and the dinghys of mere millionaires get the less preferential anchorages.
@@jdrancho1864 thats.... still not the point. My comment is about how most people just can't parse how obscenely wealthy these people are when they can treat $80,000 the same way other people treat the $40 price tag for parking at a concert or festival.
Imagine getting pissed that your poorer friend buys a bigger boat than you so you charter a boat to carry your boat to Antarctica to freeze yourself. And imagine using a boat to bring that boat to a poor country like Nigeria or Mozambique where you know your boat cost more than the GDP of the country and you only go because poorer millionares aren't in Zimbabwe. Truly one of the most moments ever.
The support network and logistics behind a billionaire have to be incredible. Some sort of dedicated office staff for household management, travel planning, security arrangements, etc. Elon Musk said at one point he had a manager for his 7 nannies.
A friend worked for a Saudi royal living alone. He had more than 100 support staff. e.g a bartender/barista in case there was an event, a landscape manager, chefs for the staff etc. My friend's job was to make small talk with the royal whenever he was summoned. I wouldn't have believed it if hadn't heard it first hand
Just remember, if you are from the west, would are probably among the 10% richest people. Basically rich people complaining about the super rich. Which is funny to say the least
Well, you can look at this 2 ways: 1. They have enough money where they can do anything with ease. They can do anything without every running out of money. 2. They always want to accumulate more money. It doesn't matter how much they have. They always want more.
@@jer103 imagine if we just did away with the value of money and made our communities dependent on work and cooperation rather than paper? These people would become powerless overnight. Those with good work ethic and good morals would naturally rise up the ladder of hierarchy and those who lack integrity and good works would plummet to the bottom. What makes the world go round is work, not money. These corporate elites just bamboozled everyone into doing the work for them while they sit back and reap the rewards. Reality is, your greatest assets are your skills. The system just blinds you to this fact.
@@amyrenee1361 Then I'll just take the dirt out of a hole while my friend throws it back in. That's hard work AND cooperation! Or we'll go and dump used car batteries into the ocean near corral reefs, that's some hard work man those things are heavy. Of course we'll be doing this all by hand because if we were to use tools that'd be less work!
@@amyrenee1361 money exists to simplify the barter economy (which is the closest i know of to what you are describing). Instead of trying to equate how many buildings designed to apples grown we invented money backed by its intrinsic value (gold, silver, electrum, copper, gems, shells, salt pucks, coco, ect.) Kings would eventually start minting coins which had a standard mass of a given material which was the first currency but was heavy and inconvenient. And then banks became a thing and made paper notes that could be traded for gold stored in said bank by whoever holds the note and this bank note system evolved into paper money. And now we live in the age of digital banking where gold can sit in a handful of banks vaults and through secure communications its ownership can be dynamically changed without even bothering to physically move the gold while electronically adjusting account balances. This isn't meant to excuse the flaws with money as a concept, just point out that its useful to everyone even if some people exploit it to get away with awful things. Edit: and now money isn't backed by physical objects and instead runs on trust/belief that it has any value greater than the linin its printed on. (Paper money isn't technically made of paper)
6:40 What a great point! You can actually see this happening at a wide range of wealth levels. For instance, at a point, Amex platinum cars were far less popular and were something most people felt that they did not neeed which allowed this card to provide the wealthy with access to comfortable and "private" lounges at airports. Today however, this card is far more popular (probably a combination of marketing/social media and increase in wealth) leading to many complaining that it's typically luxury benefits are no longer capable of being enjoyed because so many people have access now.
@@johnyeager3997 im gonna be real, as a military member whenever i go in there and i never see anyone else that could even possibly be a military member (aged between 18-40ish, clean shaven or no more than a couple days of stubble, not overweight, proper haircut, etc)
I have that card for lounge access and various other travel credits cause I probably fly about 12 times a year. I maybe break even on the $700 yearly fee which isn't really *that* expensive to begin with.
My dad's in the Air Force and he gets access to the lounges/clubs for free and they're really nice. Even though there might be a lot of people in there usually it's pretty quiet and you get some excellent free food. Definitely something for the military/upper middle class to enjoy- not the "ultra wealthy"
What's interesting about ultra-wealthy spending is they don't always spend to pursue a specific thing or experience, but more so because they want "one of a kind" experiences and to feel special because they can do it. Even if you're ultra wealthy, you won't really feel rich until you've blown a ton of money on something you don't need like a yacht just because you can. Without that feeling, being wealthy probably feels surprisingly empty.
Let us be the first to tell you, nothing fills us. Nothing entertains us quite enough, which is why our greed is never ending. And we will consume you. Don't worry, we are quite fair in the way we "extrapolate" wealth from you poors. -- The Oligarchy (YOU'RE WELCOME)
The problem is that these rich people feel that they fail to reach the next level in wealth. Buying another art piece at 3 Million $ is something they already have accomplished. Buying one for 5 Million $ is not the next level. So to find satisfaction they spend their lifetimes to make even greater profits. Because a 30 Million $ artpiece is certainly more unique than one at 3-5 Million $.
I'm sorry but this video is terrible. I have met many, many ultra wealthy individuals. Like he said at the beginning of the video, it's all privatized. Some ultra wealthy don't like to travel that much. There is no "standardized" way for these people to travel and all the destinations he listed are not even a fraction of the places these people travel to. These people have so much money they literally do anything they want. Some like to travel like this. Many don't.
When I visited my grandpa's hometown(a small town in among our country's poorest states) I rode a bullock cart. In a farm. In a just recent travel, I was in Parvati Valley(Himachal Pradesh) backpacking with my friend in this freezing winter and the whole trip consisted of travelling by the local transport buses and doing treacherous treks up and down the 3 mountain-top villages we were visiting and staying(others had the option to hire a taxi to take them up, it was 3-5 km each). In another travel 8 yrs ago, my family was again in the Himalayas(Sangla Valley, near India-Tibet border) in summer. We ventured out to hike up a mountain near our stay, and on the way back, hitched a short ride with a dump truck back to the village. Those locals were the purest souls I have ever met. Never to be found in Delhi-like mega metros(where I live). In another travel 6 yrs ago, we were in Rajasthan, in remote desert, and stopped by the road to drink unpasteurised camel milk fresh from the source sold by a nomad herding his camels. He pumped it out there itself into our bottle. The next day, it was the turn for goat milk. I wonder if the excessively sheltered travels of such mega-rich can ever defeat such raw experiences.
They can and will pay to do all that stuff, the rich loooove "raw" experiences. And they they pay for their private jet to take them back home the next week. Never having to really work to cover the cost of anything listed above. Makes you feel pretty numb just to think about it
Seriously. When he mentioned that the best spots for yachts were regarded as the best because people could see your yacht from the side instead of just the back….I just about died. There are real problems in the world and these rich people who can do the most to help are just worried about parking their yacht in the best way to make other people jealous!!!
@@SaveMoneySavethePlanet funny thing is, "normal" people are exactly the same... People are just upset when rich people do it because they *are* jealous lol
@@g.starkiller6354 there‘s a difference. yes, our problems are also silly compared to billions of people. but to say that those things are the same is just silly and achieves nothing.
@@finn8518 it's on a different scale for sure, but still the same stuff. Why do people buy clothes made thousands of miles away? Because their friends will say "oh that looks so cute" (women in this case lol) Same goes for vacations, their cars, houses, IPhones... It's not that I'm saying anyone is a bad person because of their behavior. But I'm saying both, average income individuals and high net worth individuals, don't care about the (ecological) price for what they want to achieve: Being liked and, or successful. What does upset me is that most only blame people with lots of money, and pretend to not be part of the problem at all. Same goes for those multi billionaires who tell us to not go on vacations but own multiple jets lol. Just that the UHNWIs don't voice it as aggressively (msot of the time) Of course not everyone is like that in neither income bracket though, and I think the only way to move to the future is to work together instead of against each other - regardless of income (and most other differences ofc)
If you took all the US billionaires money it would run the US government for 8 months. Perhaps it's not the very successful who we should have a problem with but a government who put us 31 trillion dollars in debt by spending our money like drunken sailors. Hundreds of billions of which isn't even spent here at home every year.
There are absolutely junior versions of this. I used to hang locally on the fringes of a couple groups that had different price level versions of this. One group was investors and venture capitalists who liked really expensive resorts and restaurants. They lived all over the US, and got together regularly. The other was young professionals who were all local, and took a monthly trip to more normal destinations. To play along, you have to be financially successful, obviously, but you’re also always have to be “on”. It’s like being on a corporate retreat when you are supposed to be relaxing with friends. The people who do this are either characters or just have really good interpersonal skills.
I work right of Wall street in NYC and I see the excessive wealth all the time in many different ways. The fact that a store front fairly small commercial space is listed at $44,000 a month shows the huge inequality in the world!
@@clray123 yes exactly. If this space was in Blackwater Oklahoma it would be $400 a month. Even if its not right I understand that in a major city rents are higher but not $44,000 higher.
@@thewatchersofthewood3530 it’s not like they charge more money because it’s new york and new york is a nice city. That commercial space in New York will generate 100 times more revenue than the same one in Oklahoma (if not more). If they really were the same, everyone would just rather open their business in Oklahoma
"Human beings are born with different capacities. If they are free, they are not equal. And if they are equal, they are not free." If you took all the US billionaires money it would run the US government for 8 months. Perhaps it's not the very successful who we should have a problem with but a government who put us 31 trillion dollars in debt by spending our money like drunken sailors. Hundreds of billions of which isn't even spent here at home every year.
a prime example of this is a new ski resort here in Morgan Utah 500k membership fee, that you can only buy after building a home on the resort. Their planned 2 golf courses and ski resort will never be open to the public.
I lived in Saint Martin for a while early in the year and saw Jeff's Yacht there with the attached helipad. Saint Barts tiny runway means that Saint Martin's SXM airport turns into a massive plane parking lot for the busy months. Amazing to see it
For I passed on to you, as of first importance, the account I had received, that Christ died for our sins, as the Scriptures foretold, that he was buried, that on the third day he was raised from the dead, as the Scriptures foretold 1 Corinthians 15
@@Bundpataka Yup. Once shared a taxi with one of them and he asked the driver for 30 cents back instead of rounding the tip of to the nearest dollar. His housemaid also called him “cheap.”
Yeah but be prepared to have nerves of steel and extreme patience as these billionaires are also incredibly demanding massive a-holes. If you ever worked any job with customers, be it a shop clerk, customer support agent or whatever else, than you will know just how bad regular people are as customers. Now multiply that by like a million to see how incredibly awful it is to have a billionaire as your customer. Now do that non stop. So yeah much easier said than done but if you do manage to do it than yeah you can rake in the big bucks squeezing money out of people who literally grow it on trees.
I just want to be able to afford to raise a family in a decent house and car, with access to healthy food and healthcare. It's becoming harder all the time and I can't help but feel like a lot of the money that used to be available to people like me is going now to support this sort of lifestyle.
@@Ashley-il9wk Tax evasion. Check out the high-art market. People don't buy pieces of art for 40 000 000$+ just to look at it, or even brag to richer friends that they're richer, but to get them appraised too high, donate them to museums and enjoy a fat tax cut. Then, they use a fraction of that net profit to lobby so the laws that let them do it don't get stricken from the books, and so the people who are supposed to check the appraisals stay undefunded and overbooked. It's a net positive even after the lobbying and fines, so you can make tons of money without contributing to society by doing any useful work or even paying your fair share of taxes. And that's just ONE of the many means they use to not pay taxes. Do that enough times for enough cash, and you can subsidize your exhuberant lifestyle with poor people's tax money since you still benefit from public and subsidized infrastructure like water, sewers, electricity, internet, roads, ports and airports (among many others) without contributing for any of it.
Even if it's considered ridiculous. I once attended an event for people considered the ultra rich. Not billionaire rich but most of them had like the video said around 30 to 40 million each. It was when I was younger, and with my grandparents all I can say is that it reminded me of those anime noble parties. Sceming, flattery to high heavens, and $1000 dollar liquid everywhere. It was definitely an experiance I won't forget. It was like walking through a portal too a different dimension where casual conversations could literally create or destroy Millions of dollars in minutes.
@@zaco-km3su Disagree. When you have so much money you can blow a billion dollars every day and probably not see your net worth decrease you're on a different plane of existence.
Ironically i am in Austin for F1 catering to a high net worth CEO. His personal security team came out weeks ago to scout their preferred route. The expense spent for these individuals is insane to the common man.
much like presidents, CEOs can't be noobs. His social media security team probably saw this and the dude must be going "Oh shit, now we have to double our measures" hahahha
Well, abducting them is profitable. One of the realities behind this is that a well organised abduction will neutralise the security team. The chances of that happening go up with the standard of living for most people going down.
As a former ski racer (Univ of Colorado), I've been lucky enough to ski all over the world and have been fortunate enough to ski with some of the best skiers in the world. But unfortunately, it has also put me into the same circles on occasion with these ultra-wealthy people which often ends up ruining ski trips as they will buy up all helicopter rentals for heli-skiing leaving the rest of us stuck (usually just switch to back country off-piste skiing) or in one case even close part of a mountain just for their own personal use. I've noticed that their kids are often clueless about the real world. Talked to some when I was a teen (racing in HS) and all they talked about is what island or European country they would be visiting the next weekend and who would be there. No concept of work or earning money or anything to do with the real world.
@@Styxxmixx Hehe, I wish. No that was post-graduation when I was back to being just a recreational skier. At CU many of late mornings were just practicing at Eldora (not very glamorous) and hiking up the runs ("no chairlift for you") when my coaches thought I performed less than expected. On top of that I had ROTC early morning PT's several days a week. Was grueling but fun. Luckily it usually meant no classes before Noon.
As an incredible ski racer (from the prestigious University of Colorado) I’ve skied all over the world with the best skiers across the globe but once there were some rich people that would pay more than I could for my repeated helicopter trips up a mountain meaning I couldn’t pleasure myself skiing down it again with my extremely talented skiing friends. And their kids weren’t even pro skiers or academically gifted and intellectual like me! One time I even had to ski on a slightly different mountain because they had hired my mountain! Wah wah wah. Do you ever listen to yourself? Sounds even more insufferable than the billionaires who no doubt work harder than you.
@@ollie7620 He never mentioned an interest in repeated heli skiing, just that the rich took up all of them. You are interpreting his post incorrectly. Wrong: He didn't call himself incredible. He didn't brag about his university. He was referring to all skiers. interested in heliskiing, not some super talented friends. He didn't comment on these kids' skiing abilities nor brag about academic achievements. Knowledge of the world is not a class at some uni, it's learned by being part of it. Your post is wah, wah, waaaaaaaaah. You are the obnoxious one.
I can remember an article talking about how one of Caitlin Jenner's hangar neighbors at a private airport said he was moving to Arizona so that he didn't have to look at poor people as often as he did in California. Meanwhile there are schools in Baltimore city that frequently have to close when it gets too hot because they don't have a/c and it's unsafe to have kids in them for a whole day. "We hold these truths to be self-evident, that alm men are created equal" indeed.
Created equal but performe our own ways . Not every dude can be mandigo but unlike mandigo we don't need to be born with it, we can go and get what we want if we put our backs to it.
Baltimore spends a ton of money per student. It's just all corrupt, because the people of Baltimore happily vote for corrupt politicians as look as they are the right color and are in the right party. Baltimore 100% deserves the leadership it has.
The yatch carrier actually has my jaws on the fucking floor. That's... that's a whole other level of insanity lmao. Jesus, I almost had a stroke when I heard that. If this isn't like decadence stretched to a record breaking length then I don't know what else could be.
Wait until you hear about all the giant container ships that make the journey from China to America that are loaded from top to bottom with cheap, disposable crap that nobody needs.
The yacht carrier takes many yachts in one trip. It would be worse for the environment, if you are worried about such things, to have them all sail across separately.
@@ah244895 no it’s not even the just environment. I don’t understand how you could spend hundreds of millions, if not billions, on a SEAFARING vessel that does not fare well in seas lol There are multiple layers of retardation at work here…
This really just drives home that the truly rich people live in an entirely different world than everyone else. So many of these thingsr are things that I had never even imagined. I've thought about the cool stuff I would do if I had a billion dollars, but this is way stranger than anything I could imagine. I think about being able to camp and be in nature whenever I want, see concerts, and travel the world for sightseeing. Shipping a yacht across the Atlantic and going to Wimbledon aren't even things I would consider
It is truly horrifying to see how much money, power, options and indifference to the human condition these few individuals have. That this exists in our world with its many existential crises is absurd.
They might think it's over anyway and try to have the last big party, not giving a damn about the far future or their offspring, as most self-accomplised multi-millionairs do.
Have been saying this for a long time - there is a considerable amount of wealth in this world of ours. And everyone is trying to become even more exclusive. And this is its own industry which is taking away the best employees from various smaller sub industries. All gets concentrated at the top, while those at the bottom do with less and less. The worled, its inhabitants and its environment suffers as a result
@@shraka no, that’s just the way the world works. You say it’s capitalism as if this same exact thing didn’t happen during feudalism, mercantilism, socialism, and communism.
It's kind of like how International math competition winners can solve problems that 99.99% of people can't solve even if they tried their entire lives. Yeah, numbers tend to congregate at the top...
@@gottagofastest They didn't try 5000x harder. They were simply able to do the right thing, at the right time with the right skillset. A normal person trying as hard as possible can't come up with rockets, semiconductors, etc... But some people who studied long and have that talent would be able to figure it out. You can give an international math olympiad winner a math problem that will take them 30 minutes to solve, but a normal person will probably answer that question after 10- 20 years of study.
The funny thing is that the majority of who say eat the rich on this channel are from the west and thus among the richest people on earth. So they are basically advocating for their own demise
@@PresidentFlip yup, if you are from the west, you are one of the most well of people on earth. One of the richest in fact and one of the most wasteful. Just compare the co2 output between an average westerner and an averages African or Indian. Talking about co2 of individuals
Suddenly I'm really against the idea of these same people visiting the lunar landing sites on private spacecraft in the future if all it would be for is bragging rights and their petty social games, maybe on such a trip the overview effect would hit them from seeing the Earth as a tiny distant world and make them introspect for a little bit but I wouldn't count on it
money and fame makes everything souless. Imagine your grandpa telling you how he felt great seeing a big historic thing like moonlanding. And we will sadly hear that billionaires trashed the moonlanding site. what was once an achievement of humanity will be just be super wealthy"s visiting site. These people dont give a shit about the thing itself, like the monaco GP. its just money dick measuring contest. so fucking soulless
Agreed. And the emissions of their private planes will pale in comparison to the emissions of private space craft. We desperately need to address the wealth gap in order to stop this from becoming a reality.
@@SaveMoneySavethePlanet Not really, since spaceflight is and will remain much less frequent. Private jetflight and especially private yachting are bigger emission sources since those occur daily. Private spaceflight is good when its done for noble reasons like the upcoming Polaris Dawn missions
While this lifestyle certainly has very high _per capita_ carbon emissions there are a lot more people that have personal vehicles. Additionally most people who have a personal vehicle would likely opt not to if alternatives were sufficiently convenient, right now they're all but forced to own a car. These "ultra-high net worth individuals" could do basically anything they want with their time and this is what they're freely choosing to do. So dealing with the car ownership problem just means giving people a better option while dealing with the jetsetting problem means taking away people's option to do it. I'm personally not opposed to that but I think you can see why it's politically inconvenient.
The description of Bezo’s plane trips and the purposes was amazing because it really drove the point home that he’s using these just like normal families use a car for the husband and a car for the wife!
They need to quickly fly to conferences to tell us plebs why we're bad people for eating meat or driving for a living. You see, it's more important that they use those jets because their lectures are literally saving the planet, or something
once upon a time in my younger years i was jealous of the ridiculously wealthy. But that was before I knew what their personalities were like. Now that I am older and wiser I would not want to hang out with those people. If I were ultra rich, I would avoid all those party places
@@ViyqYou usually don't become ultra wealthy unless you're driven obsessively to work. If they stopped, they'd likely go completely mad within a few months.
Taxes inhibit competition, the number of mere millionaires is small in this world , taxes make a poverty vs wealth situation,just what put Bezo up there.
Every single sentence that I get through this video makes me want to forcefully tax the rich. I feel like I'm the Hulk but instead of turning green I'm turning into Bernie Sanders.
Yeah, tax the rich, so we can spend more on rockets and bombs (the military being the biggest budget item in the US). Maybe also masks and vaccines of which billions will be disposed of as garbage. Because, you know, the gubbment doesn't have enough money already and can spend it better than those evil rich people who like to travel.
Same here. When I was a kid I was duped into thinking that “trickle down economics” actually worked, but my eyes have been opened in the recent years. Tax the heck out of them!
Yup. We're supposed to cut down our meat, turn down the heating, drive less / use a bike and these people are living a life of complete excess. We either tax them more so the lower and middle classes can actually live, or we end up eating the rich. There is no third option.
@@techtutorvideos So humble people volunteering during their free time to help homeless people, help the environment, help animals, etc, are suddenly psychopaths just like the corrupt CEOs who ruin lives for their profits?
God watching Bezo’s January travel was depressing. I’m over here doing anything and everything I can to help stop Climate Change and this guy burns more fuel in one month than I do all year! Sure makes it feel futile sometimes 😔
Cause the real people who cause the problem spoiler alert its not us nor the top 0.0000003 of wealth earners have convinced everyone is our problem. Look no further than the oil companies hijacking the environmental movement and there massive shell organizations that have made climate change "our" problem instead of their problem. Look it up it's rather fascinating story. They themselves admit they are one the biggest catalysts for climate change especially ExxonMobil.
Lol.... the average Joe/Jane has no idea what the UHNW lifestyle experience is like. I worked for and traveled with an UHNW individual for years. It was certainly work but also an incredible experience. Regularly visited many of the locations mentioned. Btw, his super yachts (plural) were too large to fit on the transport ships. They repositioned on their own. Once in location, he'd fly into the closest larger airport on one of his (multiple) global capable jets. A helicopter from the yacht would meet him and take him to the boat. Nice lifestyle! Of course for me, jet lag and short nights were the norm. But then, I was but a minion!
Video idea: The economics of streaming services, how does a fairly small subscription gain access to all the content, and how does it allow them to make more?
Better question yet: how do patreon sponsored creators all seem to end up having enough time and resources for content """they cannot upload on youtube""", but conviniently sell an external way to pay for it despite having the patreon money in the first place.
The middle class: We can not pay rent and we can not buy a house. The ultra wealthy: Look at my yatch. If you work hard during this year and meet all our goals, I will be able to afford another one. Remember, we are a "family".
The Monaco GP berths are not rates per night, because it’s not possible to move in and out the port between Wednesday until Monday so it’s a 5 day price that you see. Still it’s way more expensive than normal though!
I don't think I could manage living like this without getting sick to my stomach. I would rather keep to myself and maybe just have a nice solar powered/geo-thermal powered home off the grid somewhere with a large chunk of property (just a few acres) to myself. No fancy planes, no fancy cars, no waste.
This video only proves there’s no such thing as “god”, or Jesus, or whatever make believe magical being. Ironically, it’s the poor that believe it those made up stories of a powerful being. Obviously that “magical being “ HATES poor people, that’s why they suffer the most
Meanwhile, a six figure income is now not just a luxury, but absolutely critical to a reasonably comfortable life. Where 20/hr at 40 hours a week is literally just enough to pay for the average 1 bed apt in Denver while the state minimum wage is 12.56/hr. I find this subject more depressing than interesting.
@@JoaoSantos-ur1gg It doesn't matter where he lives. He didn't put a qualifier on his statement. He said six figures was required to live a reasonably comfortable life. He didn't say "in NYC" or anything. A person can easily live well better than a reasonably comfortable life with well less than six figures. I would know.
As someone from SXM, it’s awesome to see this in a video. All the time, really famous celebrities and billionaires land their private jets, and then we would watch them land before they take a small plane or boat to St. Barths. Got to see Max Verstappen in 2021. And Bezos this year lol.
The fact that Jeff Bezos has two jets, one for himself and the other for his partner blows my mind. Furthermore, the fact that they can both fly to the same location separately is absurdly excessive.
Literally having a boat haul your boat to the boating convention so you can all go inside a building and think about how people are admiring your boat
I don't envy it. It honestly sounds like a pretty sad existence
Flexing contest at its finest for nothing good but ego
Yo dawg, I heard you like boats...
Truck truck simpsons vibe
And they look the same too. So is literally just a dick-measuring contest.
At least the ultra-wealty of old flexed with genuine art and interesting architecture.
A ship that carries yachts over water so that the super rich get to attend events they don't even want to attend, causing prices to skyrocket and carbon emissions to go nuts, while the average middle class person gets criticized for using their heater in August is truly the pinnacle of irony
Never forget oil companies invented the term ecological footprint
@@arthurvangoch9335 mhm gotta put the blame on the people
Yes
I got to love all these green activists targeting us for what we do like drive a suv and use plastic straws instead of what these people do
Gotta love green capitalism
That made me sweat, only because where I live it’s still like an oven in August. I just used my heater for the first time yesterday morning.
I bought a Costco canoe this summer so you can say I’m part of the ultra-exclusive maritime community
You need to get a pontoon so you can transport your canoe to the other side of the lake.
Hahah,
This wins.
I bought a rusty old 10hp motorboat on Craigslist for $1200. So long, poors - i'm off to Monaco
You're nearly carbon free too! Good job!
just when I think I have a sense of what luxury is or how the wealthy live, I hear phrases like “WWII simulating private yachts for bored rich kids” and then I realize that I know nothing
We just have so much money that we get bored easily so we have to keep doing crazier things to feel alive and impress our peers
It’s a mental illness lol
@@ThwipThwipBoomit’s not only boredom. It’s a total lack of ethics and morality. Allowing billions to die of suffering as a direct flip side of your choice to indulge rather than to help them.
It’s utterly ridiculous.
I pray I never get so totally messed up.
@@patinho5589 Some of the world's problems aren't easily fixable by throwing money at them. It's certainly not as simple as "these people suffer because this guy bought a yacht". If you could just throw money at dirty water issues and fix it, it would have been fixed ages ago.
@@Joenzinator but not trying with the money you have is still a crime.
Time, energy and money.
Mainly energy.
Money can pay for some energy to be spent.
There is a lot you can do with money.
But prayer is required for some of the bigger problems such as North Korea.
Concerted joint prayer.
80,000 people in a stadium doing dynamic prayer for one hour.
Every person on the planet doing it for one day..
Would change our world completely from morning to night. The whole world changed.. in one day.
I legitimately thought all the yachts traveled through the oceans on their own power. I had no idea a yacht ferry even existed
depends on the owner, if the owner likes exploration then drive if they dont then boat boat
Lot ferries are big business. Many sponsor race cars. That is how I found out. I looked up one of the sponsors.
I'm still trying to figure out *why* they exist. Why do people have their boats shipped across the ocean instead of just having a skeleton crew sail it across under its own power?
Is it faster? Is it to avoid the downtime from the wear and tear that a transoceanic crossing would normally cause? It can't possibly be cheaper, can it?
@@scjones25 Many of the yachts small enough to be shipped aren't deep-water capable. Plus you can give your crews the downtime and just fly them out to meet the yacht and get it ready before the owner gets there.
@@scjones25 Alot of the smaller yachts don't have the 3500 nautical range to cross to Atlantic, yachts over 50-60m would be okay i guess. Plus as you mentioned it cuts down on wear and tear and gives the crew a break as you only need a skeleton crew for the crossing. Plus you will save tens of thousands of $$$ in diesel. Whether it's cheaper or not not i'm not sure, but if you are a multi millionaire i don't think the money is a problem
This video reminded me of a book called "The Velvet Rope Economy." It details how businesses from Disney World to Healthcare have changed their models to squeeze as much money out of the wealthy as possible while reducing quality of service for the vast majority of customers.
The entire world feels like this, like its a fucking gacha game and only the "whales" are given any concern because thats who they can squeeze the most money out of
Reminds me of being at an amusement park next in the regular joe line when all the fast express pass holders breeze by since I didn’t want to spend another $300/day.
Interest, will check it out
@@lloydwoodward9053 I only make $50k a year, but my friends talked me into spending the extra $300 to do the VIP version of Universal Studios Hollywood. Literally jogging past everyone standing in hour long lines and walking straight on to every attraction was a spectacular, *thrilling* experience. I'm never going back to regular admission, NEVER. I'll happily pay a huge premium to have a once-in-a-lifetime delightful memory and economize elsewhere.
@@ccdecker until everyone gets them. Now you're back where you started. (of course, then they'll offer a double-express version for triple the original price)
The ultra wealthy's travel being inconvienced by the super wealthy is devastating. I'll think about them next time I'm stuck in the middle seat while flying coach
thoughts and prayers for the ultra wealthy
The sad thing is... that must be pretty exactly how the 99,98% of Republicans that are not ultra-rich think, no?
lol
Supposedly, 80% of the world's population has never flown in an airplane. So if it's something you routinely do, while you're not ultra wealthy, you're decidedly better off than most!
@@nordiskkatt i have only flown on a plane one time, ever. And i literally can only do so if i use those shifty small puddle jumper tickets and get off midway, buying a ticket from say, new york to la to get off somewhere in the middel
I’m a superyacht paint expert in South FL, I can confirm everything you said about the yachts is correct. The yachting industry is the most unique, bc money usually isn’t a problem. The limitations of physics, is the only thing holding them back.
hahaha, the limitations of physics. Love it
😂😂
My friend 2010s had a smaller yacht 🛥 + a smaller boat. He explained to me the lower end, entry level boat owners, water craft guys are at the whims, schedules of billionaires or those with family wealth 🧐. They may own 1, 2, 3 or more yachts. Can get the best repair or ship business firms.
The most dead I ever felt inside was working as a private Jet mechanic. Thanks Wendover for bringing all those old memory's back to the surface.
why was it so bad?
@@faustinpippin9208 Seeing the rich spend more than your entire life's salary as if they're buying a loaf of bread is depressing.
And unless you are paid directly for your service you never get a cut of that money. When I was doing HVAC work in NYC I Damm well made sure to get part of those huge fees paid to the maintenance company I worked for. Eventually I was billing out about 50% of the ticket on jobs and the boss eventually was like "we need to put you on an hourly salary" I was like NOPE and left the next day!! I head from the dispatcher a while later the next 3 low wage techs he got were terrbile and the last one was driving the work van drunk and crashed it into a bus stop shelter and a line of parked cars then fled the scene, he later told the police and boss the van was stolen even though the keys were inside and his face was all smashed up like he was in a car accident! 😂
@@asdsdjfasdjxajiosdqw8791 You regularly spend more money then some people will make in their entire life. However you don't fancy thinking of people below you, do you?
"I simply cannot afford to pay my workers a penny above the minimum wage", "Now please excuse me whilst I park my ship inside another ship, to save me the inconvenience of having to sail it"
Exactly!
Truly amazing how's there never money for raising wages even a little bit, but there's always money to buy $100 million super yachts and $50 million private jets.
@@giorgialadashvili4771 Both cost more, especially in Bezo's case
@@ganjabobby I know, I took general billionaire "averages."
@@ganjabobby exactly!!
I fly a private jet out of Texas (won’t specify the city/airport code). One day, the owner who happens to be a billionaire called us to fly his dogs to Florida, basically to drop them off and fly back to Texas.
The aircraft I fly costs $14,000/hr, he dumped around $70,000 just to drop off his dogs.
should've kidnapped the dogs and held them for ransom LOL
So does Chelsea Handler and others.
It's unreal what we get paid as pilots. An average charter trip costs more than i make in a whole year doing part 135
Be grateful that people like this exist, otherwise you wouldn’t have a job.
Well he kind of is helping you save up to buy your first house....
These videos are some of the most important on the internet… keep up the great work.
I run a boutique hotel in Dubrovnik, Croatia. We had extra rich clients book the entire hotel of 11 rooms for 12 weeks this spring and summer. One client booked the whole hotel for two weeks for him, his wife + driver and assistant. At any given moment there was staff of 30ish people for 4 guests.
I know (well, knew) two people in Croatia. Digitally only, as, I live in the U.S. They both disappeared during this entire RUS v UKR thing. They were dirt poor. 😕
Very interesting how the rich must live. Sounds extremely wasteful, just as I'd imagined.
@@Novastar.SaberCombat dirt poor, sounds about right. The war thankfully doesn't affect us apart from inflation. Also if i had to work super hard for my money i'd be wasteful with it lmaoo
That’s the dream right there
@@midladder lol you work super hard for the first million or so - the rest you get from breathing
We’re the hotel staff tripping over each other? How ridiculous. I am disabled and I cannot afford someone to help me more than once a week. I could use help twice or three times a week with housekeeping, shopping and cooking. I would love to visit Dubrovnik. It looks like a beautiful place.
I had no idea that rich people boated their boats to new boat spots.
Of course, the "growth" of these industries is significant at the scales they currently exist, but not at scales that would benefit anyone but the people working directly within them.
Capitlaism??
While i understand the concept that since some boats aren't capable of crossing the ocean on their own power, the idea of a ship carrying other ocean worthy boats is still hilarious.
Its just I'm used to the 20ft range of boats being considered unworthy of the open ocean, not something called a super yacht being unworthy of the ocean.
@@jasonreed7522 A lot of these yachts are also way bigger than the wooden ships with sails that crossed the ocean hundreds of years ago. Part of it is probably cost since you would have to pay for a crew and fuel to go across, plus I'm not sure how sturdy some of the fittings inside the yacht are. All their stuff might get tossed in 9ft seas and it would cost even more to repair everything.
Still it's like they have a yacht, but they never actually sail on them. They are just expensive buildings on the water that they can show off.
@@jasonreed7522 I've been working on large cargo ships for a little over 10 years now as a navigator. Ocean storms can get gnarly even for large cargo ships and it's not uncommon to change routes for bad storms. But as "Jason S" said, it's probably more about the cost. Large ships burn less fuel per ton-mile compared to smaller boats, so a large ship carrying yachts will burn less fuel than all the yachts all sailing on their own. Also, they probably save on the cost of manning the voyage and insurance for the crew.
Wouldn't want any of that money accidentally trickling out to the common folk
Ten years ago, my wife (then 54 years) and I (then 57years) bought an economy class plane ticket around the world. We planned out the itinerary ourselves and travelled for nearly five months with each a small suitcase: 2nd class trains in India, auto-rickshaws in Cambodia, canoe in Peru's rainforest, camped on Easter Island,. We stayed in hostels, pensions, and no-star hotels, ate street food, often cooked our own. And the people we met, both locals and fellow travellers. We had the time of our lives.
I would think that those who travel about on super yachts or charter jets, who have someone plan for them a secret itinerary away from regular people and only associate with people like themselves simply miss the point of living. Boring. Not to share your seat on a bus with a goat or get overwhelmed by a crowd on a Beijing train platform or be befriended by a beggar who just wants to talk is to miss the better part of going somewhere.
.
It's what your preference is when you travel. If you want a pampered experience at the cost of losing the authentic experience then so be it. It all comes down to preference.
I agree. These people are not traveling. They're just "going".
Damn that was nice
You've got a lot to *LOSE!* being a billionaire .. I'm a basic middle class American, good job, home, etc.
I would be targeted by scammers or kidnappers who assume all Americans are wealthy.
Now, imagine being a real billionaire wishing u stayed on the golden path with security and such
This is how I travel. It's the only way to enjoy it.
It's insane that, even as I have an income multiple times that of the median American, I'm still only considered "Middle Class", and that I have more in common with a homeless person than I do with a multimillionaire, let alone billionaires. The scale of the inequality is absolutely inconceivable, and our society is falling apart at the seams, stretched too thin because of the constant upward transfer of wealth.
One may argue that in the days of Rockefeller and Carnegie and other Barons of industry, in comparison to the working poor living in packed tenements and working in dangerous factories making a nickel an hour, the wealth gap was actually worse. But the differences are for one that today there are more elite wealthy because of a bigger global market and because of the technology boom, and also they are more in the public eye because of modern media.
The wealth gap has increased, but the floor has also increased significantly. Global wealth has grown for all income classes.
It's also not very hard for an upper-middle family to become ultra-rich, but it takes time (a lot of time). If a family can invest $20,000/year in the S&P500 (and increase that investment at the rate of inflation) it would take about 71 years to get your first billion.
The problem is that it takes a couple generations, and also most people wouldn't want to live like that. Most people will retire after they hit about $5million, and when they give the rest to their children, their kids will spend it. It takes a tremendous amount of discipline to keep working hard and investing when you have already accrued enough money to live in relative luxury.
@Joenzinator The floor has definitely increased, and global poverty has been greatly reduced, even from when I was born less than 30 years ago, for which I'm grateful. I definitely wouldn't agree that it's easy for the upper-middle class (top few percent of income in my country) to become ultra-rich (top 0.001%). Mathematically, it just doesn't compute, with such growth requiring a lot of assumptions about market stability and returns.
@@jacobbernard1393 It doesn't really require a lot of assumptions. If you look at any 25-year period, the annualized returns are between 9% and 17% returns. I picked 12% for my calculations, but if it was 10% it would just take a few more years.
And my point was that in your lifetime, you probably won't be a billionaire. But it would be possible to make your grandchildren billionaires without doing anything extraordinary.
@@Joenzinator Okay, that's a clearer point; the intergenerational impact of wealth is pretty astonishing, no doubt.
My parents were destitute for much of my life, but within a single generation, I've managed to claw into the upper-middle class due to smart decisions, hard work, and most importantly, luck.
It does interest me to consider how well my grandchildren could potentially live, as my family's future wealth cascades into their inheritances.
What I learned today is that the prices of luxury stuff is not driven by supply and demand they're a form of gatekeeping to keep the billionaires feeling superior to the peasant millionaires.
Actually I think that's true all the way down.
Yes they are all children, fighting over the shiniest object, because it makes them feel the most special.
That’s all exclusivity has ever been, to all classes
There you go. There's a price just in feeling only you can have it
Veblen goods
It’s the demand for low demand and lower supply
Imagine Bezos' girlfriend watching this and realizing that he told her he was working at the office when those 2 planes were actually in Hawaii...
Once a cheater, always a cheater
Fyi, his girlfriend is Lauren Sanchez, a successful Los Angeles based television news reporter/personality.
btw, I mentioned who Bezo's girlfriend was because your humorous, suggested scenario made me think that since Lauren Sanchez is involved with the media there would be a great chance that she would find out. lol.
@@skyden24195 They both look like aliens. 👽
People are assuming she wants or expects a hetero-normative closed monogamous relationship. Despite his obnoxious personality, he probably gets plenty of suitors that offer any relationship style he wants.
It's hard to understand how secretive their hidden mansions are. My family has a small cabin in Michigan. I knew the neighbor had a lot of land but that was about it. A couple years ago the guy dies and the property goes up for sale. 8 million dollars.
Oh yeah. I worked for the census one year and was shocked to find rural McMansions no more than a mile or two from where I had lived much of my life.
Typical mansions north of San Francisco are on the order of $100M+ . There's no benefit for wealthy to flaunt their wealth, usually only downside. Ordinary people have no clue what "rich" really means and how life changing it really is as they work for their week-to-week paychecks. It's obscene.
Not to say that the guy wasn’t rich… but the super rich are laughing at that amount.
@@Weromano lol nah theyre asking "are you serious? 💀"
8 million isn't anywhere near the ultra rich, but I guess it depends on location. Certain houses along the West Coast can go easily go for $10 mil. I lived in an area where 1000+ Sq ft. houses were rarely under $1 mil, and there's even an active asking for a 3-story 3,500 Sq ft. for $10 mil.
You forgot to mention their trips to Epstien Island
Woah there, nice detour to something not related to the video, good job
@@mjbaricua7403the truth is uncomfortable isn’t it?
@@karensams994 not talking about the video is comfortable isn't it?
@@karensams994 lol not everyone is some pedo 😂
Stop noticing things! It's a complete coincidence that some random pimp is close friends with all the world's wealthiest people. When Jeffrey and Bill get together for slumber parties they play video games and watch silly horror movies. They definitely do not rape any children.
Don't forget to bike to work! Saving the planet is a team effort
@AintNoWay then bike to your truck lol
and get injured and lose your job that you need - yeah great idea...
I did for many years when I had to go to an office.
Remote software work now.
What about my torn ACL?
Can you spot me $40k so I can ride?
Fuck that. I can drive my car 15 minutes to and from work each day or I can spend an hour biking there in the cold to and from each day. Screw the planet, i'll be dead before it gets REALLY messed up and I don't have kids to worry about.
I always knew that billionaires were living very unsustainably, but this is just grotesque
Morbid
'Grotesque' is right - I had no idea how disgusted I would be just to look at this degree of extravagance depicted on a map.
What an excellent choice of words.
If you are from the west, you most likely live unsustainably too. Sure they are much worse, but you are not that better, especially considering there are much more of your kind.
I read about a person working on one of those yachts describing how they would prepare large amounts of luxurious breakfast, lunch and dinner every day, and then also throw it all away everyday beacuse the owner was never there. We are talking basically everyday all year every year, what a fucking waste.
Imagine buying a massive boat to sail the seas and then having another boat have to carry your boat across those same seas to go to a boat club where people admire how big your boat is only for someone slightly poorer than you to buy a boat so you have to freeze yourself in Antarctica because you want to look richer is truly the pinnacle of human evolution
We have truly made it! well, for the 0.01% of us. 🤮
You may be joking but that literally is the pinnacle of our evolution and it's a sad farce.
More like sail the shores or rivers. These boats aren't great for the sea at large or oceans. They can sail quite easily if the waters are calm but they don't stay too calm for long and going too far into the sea will be risky. Storms will be worse the farther you go from the shore. That being said....this is exaggerated.
You do not drive your Supercar thousands of miles, you get it transported and collect it when you land, same thing.
Super yacht owners dont travel on their yachts.
They have them travel to a place they want to take a vacation at then fly there.
See the eSysman Superyachts RUclips channel. It’s an eye opener!
Please Wendover, please make more content on the economics of wealthy people. For some reason I am super intrigued
I once was upgraded to a premium economy class because I had a lot of milage. The toilet was broken near me, so I was assisted to the first class area to use the toilet. Man, that's when I noticed how shit my premium economy seats are.
Social hierarchy-wise "premium economy" is a sugar coated way of saying "booster seats for peasants"
Economy class makes the airlines very little money. It's the business and first-class that they earn the majority of their profits. Because each plane can't fill up just with business/first-class customers, that's why economy exists: to fill up the rest of the plane.
I once seen cabin crews block economy Passengers from leaving the aircraft before the business and first class. Damn I felt like economy peasants
@@FKS1994 unless you fly with Ryanair or other ultra low budget lines. they do go for economie only. they do often succeed in filling the seats to 80% and higher. and often can use 1 aircraft about 3 to 5 flights every day.
@@sirBrouwer I work for an aircraft company and most planes that around around the size of a 737 only have economy and maybe 6 business class seats
Social status and connections is a huge thing for rich people. I have met some very wealthy people who were dumb as dirt, but if all their friends are mega millionaires, it’s likely they get many great money-making opportunities.
Being rich = doing the right thing at the right time + knowing the right people
or
just being born rich.
No amount of brainpower, hardwork or persistence can top those things unfortunately. All those self made stories of rags to riches we hear are given so much attention because they are rare af
@@davidvaxo6667 when then they be like. We worked hard for the generational wealth we have. You guys don't know hardship like we went through
@@cyzcyt You worked for the scraps of the American Neo Liberal Empire that allows this to happen on the first place. ANd don't worry in the Soviet Union it was practically the same. The human nature never changes.
@@cyzcyt this is a goofy comment, by your theory alone you don’t know the hardship either if you’re privileged with previous generational wealth. No, working hard is not always enough for everybody or else many more would be well off. But society will always continue to make you think so and believe in the “American dream” narrative
@Spin Lock not the ones at the top
"as long as it's legal..." I think we can all agree that people with this kind of money are getting a whole lot of illegal things done too. For an extra price, of course.
Stuff like this makes my blood boil. These people live as if being able to afford something automatically means it is also deserved.
like they say "it's not a ticket; it's the price for premium parking"
Jeffery Epstein pretty much proves this statement true.
Legal or illegal is a matter of definition. Cruiseships have to lock the casino doors while in port. As soon as the ship is in international waters, it's faites vos jeux.
Epstein didn't kill himself
One of the things I've learned about the super rich simply from living right by Palm Beach island is that things are never what they seem. As an example, people have this idea of Palm Beach island being so glorious and pristine. But there's a dark secret to that place. You see, here in south Florida, feral cats have been roaming for decades. So long that they are now an integral part of the urban ecosystem. But Palm Beach Island has no appreciation for these cats so they constantly are getting rid of them. And by doing so are removing the one thing that combats their dark secret. A massive, disgusting rat problem. I've worked with a bunch of pest control companies over the years and the stories they tell about some of these mega mansions and mansions being infested with rats is crazy.
Why on earth would u want cats running around the place 😂😂😂, just get rid of the rats yourself, a few traps, some poison and an airgun is all u need
U could always call a pest exterminator too if u got the cash to lose
Ppl be thinking they need to live in a jungle to be free of rats 😂😂😂
This happened on the island I live on in the Outer Banks. They even think the town released coyotes to kill the cats, which caused a rat explosion in 3-10 million dollar second homes.
@@Mcbignuts I don't think you understand how hard it is to exterminate rats in homes that have no one living in them, much less exterminating them from an entire city/region. It really does take a natural predator that operates and reproduces of it's own accord to hunt and kill pest infestations that cover such large areas. The people with those huge second homes are also usually busy people, or people that are more likely to not take calls about problems with their second home seriously until they want to go use it and find out first hand that they should've taken the warnings more seriously back when the issue was manageable/first noticed.
Yeah feral cats don’t seem so bad now
I was expecting this to lead to something much more sinister than rats after reading all these other comments 😂
5:35, I started working for a related charter company to these as a pilot after the regional airline I had previously worked for went bankrupt in 09/2020. It was honestly eye-opening seeing the vast differences between flying the airlines (which serve a cup of drink and a small snack on anything
I believe most airlines will sell you food in short flights, but they eill undoubtly charge you a lot for it
ExpressJet?
I worked for them too
I was thinking about flying private 🫤 but I know it’s a whole different ball game
Meanwhile I as a welder making 12.50 an hour watching this on my lunch break eating air pudding and drinking water. I'm doing so good
And they’ll replace us with someone who will work for less first chance they can get
12.5 is pretty good, where I live people make so much in 1 day and we have similar prices like in the us and some things even more expensive
Be proud that you've got an honest job.
If the workers take a notion
They can stop all speeding trains
Every ship upon the oceans
They can tie with mighty chains
Every wheel in the creation
Every nine and every mill
Fleets and armies of all nations
Will at our command stand still
None of these uber wealthy people are truly happy inside. I promise you if you were able to scan the hearts of these uber rich and then my elderly neighbor who barely leaves her own neighborhood and bakes pies for her neighbors… her heart is happier
Here I was feeling guilty for driving 5 minutes to get fast food and bring it back home.
Me too. I've just come back from an eight day holiday in London worrying how much it cost
I used to feel bad driving into the office to avoid the subway and mass transit as my company has forced us remote worker in but now I feel a little less bad as I know my fuel sipping diesel burns nothing in 1 year copaired to these private jest on 1 trip.
Feeling guilty by design. Ofc the people with power like it that way ;-).
Understand that 15 companies (owned by these people) produce 70% of emissions. Your average car trip is peanuts compared to the mountains of CO2 Bezos individually, let alone Amazon, belches into the atmosphere. They want to make you feel guilty so that you impoverish yourself in the name of environmentalism rather than they stop living this ridiculous lifestyle.
Driving only for 5 minutes? Why don't you just walk?
I think the yacht parking really makes an important point here. People don't really understand just how obscenely wealthy the wealthy really are. But the idea that they spend more than most people make in a year for a single night of parking their yacht at a dock is disgusting.
Lies again? Jet And Car Not Name
That's why valet parkers put the high=dollar cars in front of the restaurant. Your Camry goes around back behind the building.
@@jdrancho1864 that.... in no way relates to what I said. I was commenting on the fact that a single night yacht parking is over $80,000. More for a single day than most people make in a year.
@@anthonydelfino6171 OK, but I read your comment in context of the video. It shows how the biggest vessels get pride of place, and the dinghys of mere millionaires get the less preferential anchorages.
@@jdrancho1864 thats.... still not the point. My comment is about how most people just can't parse how obscenely wealthy these people are when they can treat $80,000 the same way other people treat the $40 price tag for parking at a concert or festival.
Imagine getting pissed that your poorer friend buys a bigger boat than you so you charter a boat to carry your boat to Antarctica to freeze yourself. And imagine using a boat to bring that boat to a poor country like Nigeria or Mozambique where you know your boat cost more than the GDP of the country and you only go because poorer millionares aren't in Zimbabwe. Truly one of the most moments ever.
Rwanda and Zimbabwe are landlocked...
@@jghifiversveiws8729 just makes yachting there that much more impressive
I can feel myself radicalising with every passing second of this video
Eat the rich
Literally
Yep.
Good
me who sold possessions for medical reasons watching someone pay double my amount as yacht parking fee for a day *Pikachu surprised face*
The support network and logistics behind a billionaire have to be incredible. Some sort of dedicated office staff for household management, travel planning, security arrangements, etc. Elon Musk said at one point he had a manager for his 7 nannies.
@@LoanwordEggcorn a wendover video would be far more interesting
I know there are degrees you can get in "estate planning". I wonder how one gets an education that trains them to handle billionaire logistics.
A friend worked for a Saudi royal living alone. He had more than 100 support staff. e.g a bartender/barista in case there was an event, a landscape manager, chefs for the staff etc. My friend's job was to make small talk with the royal whenever he was summoned. I wouldn't have believed it if hadn't heard it first hand
The support network for billionaires is incredible. It's called the rest of us.
@@hello-friend990 if its in saudi its not support staff. they're called slaves.
“Keep your AC set on 80 degrees SaVe ThE pLaNeT”
*flies private jet to their 3rd mansion*
Haha no other option so😂
If I didn't want to get out the guillotine before, I sure as hell do now
Just remember, if you are from the west, would are probably among the 10% richest people.
Basically rich people complaining about the super rich. Which is funny to say the least
Ha ha ..
Because of what? Envy of the moronic?
guillotine sales just went up
I for one don’t want to murder anybody out of jealousy
I find it fascinating to learn what it's like when "money means nothing".
Money means everything to them. It's the rest of the world, the community, and all other life that means nothing to them.
Well, you can look at this 2 ways:
1. They have enough money where they can do anything with ease. They can do anything without every running out of money.
2. They always want to accumulate more money. It doesn't matter how much they have. They always want more.
@@jer103 imagine if we just did away with the value of money and made our communities dependent on work and cooperation rather than paper? These people would become powerless overnight. Those with good work ethic and good morals would naturally rise up the ladder of hierarchy and those who lack integrity and good works would plummet to the bottom. What makes the world go round is work, not money. These corporate elites just bamboozled everyone into doing the work for them while they sit back and reap the rewards. Reality is, your greatest assets are your skills. The system just blinds you to this fact.
@@amyrenee1361 Then I'll just take the dirt out of a hole while my friend throws it back in. That's hard work AND cooperation! Or we'll go and dump used car batteries into the ocean near corral reefs, that's some hard work man those things are heavy. Of course we'll be doing this all by hand because if we were to use tools that'd be less work!
@@amyrenee1361 money exists to simplify the barter economy (which is the closest i know of to what you are describing).
Instead of trying to equate how many buildings designed to apples grown we invented money backed by its intrinsic value (gold, silver, electrum, copper, gems, shells, salt pucks, coco, ect.) Kings would eventually start minting coins which had a standard mass of a given material which was the first currency but was heavy and inconvenient. And then banks became a thing and made paper notes that could be traded for gold stored in said bank by whoever holds the note and this bank note system evolved into paper money. And now we live in the age of digital banking where gold can sit in a handful of banks vaults and through secure communications its ownership can be dynamically changed without even bothering to physically move the gold while electronically adjusting account balances.
This isn't meant to excuse the flaws with money as a concept, just point out that its useful to everyone even if some people exploit it to get away with awful things.
Edit: and now money isn't backed by physical objects and instead runs on trust/belief that it has any value greater than the linin its printed on. (Paper money isn't technically made of paper)
some idiots in a one-way submarine: _there is another_
Great piece, very well done
👍
Good
Nice
Nice ☺️
Nice
I remember reading comics about comically expensive, ultra-exclusive experiences for rich people. Reality always manages to surpass fiction.
what comics?
Not really
6:40 What a great point! You can actually see this happening at a wide range of wealth levels. For instance, at a point, Amex platinum cars were far less popular and were something most people felt that they did not neeed which allowed this card to provide the wealthy with access to comfortable and "private" lounges at airports. Today however, this card is far more popular (probably a combination of marketing/social media and increase in wealth) leading to many complaining that it's typically luxury benefits are no longer capable of being enjoyed because so many people have access now.
and literally everyone in the military has one
@@johnyeager3997 im gonna be real, as a military member whenever i go in there and i never see anyone else that could even possibly be a military member (aged between 18-40ish, clean shaven or no more than a couple days of stubble, not overweight, proper haircut, etc)
I have that card for lounge access and various other travel credits cause I probably fly about 12 times a year. I maybe break even on the $700 yearly fee which isn't really *that* expensive to begin with.
My dad's in the Air Force and he gets access to the lounges/clubs for free and they're really nice. Even though there might be a lot of people in there usually it's pretty quiet and you get some excellent free food. Definitely something for the military/upper middle class to enjoy- not the "ultra wealthy"
I've gotten an offer for that card several times in the mail. But $700 a year just to have a card is absolutely silly.
What's interesting about ultra-wealthy spending is they don't always spend to pursue a specific thing or experience, but more so because they want "one of a kind" experiences and to feel special because they can do it. Even if you're ultra wealthy, you won't really feel rich until you've blown a ton of money on something you don't need like a yacht just because you can. Without that feeling, being wealthy probably feels surprisingly empty.
Oh no, they’re just humans who will one day die like us… 😂
Let us be the first to tell you, nothing fills us. Nothing entertains us quite enough, which is why our greed is never ending. And we will consume you. Don't worry, we are quite fair in the way we "extrapolate" wealth from you poors. -- The Oligarchy (YOU'RE WELCOME)
Laughs in ocean gate smhhhhh
The problem is that these rich people feel that they fail to reach the next level in wealth. Buying another art piece at 3 Million $ is something they already have accomplished. Buying one for 5 Million $ is not the next level. So to find satisfaction they spend their lifetimes to make even greater profits. Because a 30 Million $ artpiece is certainly more unique than one at 3-5 Million $.
cope
Man the information that YOU get your hands on for these videos is truly top-notch stuff. Thank you for your hard work Wendover
The Russian Tsars had a lot of money and palaces too before the People rose up...
@@williamyoung9401 Revolution comrade.
This is publicly available information.
@@zaco-km3su Sure, but this is specifically easy to aquire publicly available information.
I'm sorry but this video is terrible. I have met many, many ultra wealthy individuals. Like he said at the beginning of the video, it's all privatized. Some ultra wealthy don't like to travel that much. There is no "standardized" way for these people to travel and all the destinations he listed are not even a fraction of the places these people travel to. These people have so much money they literally do anything they want. Some like to travel like this. Many don't.
I can't believe it took me all these years to finally see the mountains in your logo resemble the letter W. Very good drawing
Oh wait...
discovered the o yet?
WHAT
WOAH
And like wings 😏
Let's take the bus so these people can make our combined carbon print in a week
In 15 minutes actually.
I’m never taking a bus
When I visited my grandpa's hometown(a small town in among our country's poorest states) I rode a bullock cart. In a farm.
In a just recent travel, I was in Parvati Valley(Himachal Pradesh) backpacking with my friend in this freezing winter and the whole trip consisted of travelling by the local transport buses and doing treacherous treks up and down the 3 mountain-top villages we were visiting and staying(others had the option to hire a taxi to take them up, it was 3-5 km each).
In another travel 8 yrs ago, my family was again in the Himalayas(Sangla Valley, near India-Tibet border) in summer. We ventured out to hike up a mountain near our stay, and on the way back, hitched a short ride with a dump truck back to the village. Those locals were the purest souls I have ever met. Never to be found in Delhi-like mega metros(where I live).
In another travel 6 yrs ago, we were in Rajasthan, in remote desert, and stopped by the road to drink unpasteurised camel milk fresh from the source sold by a nomad herding his camels. He pumped it out there itself into our bottle. The next day, it was the turn for goat milk.
I wonder if the excessively sheltered travels of such mega-rich can ever defeat such raw experiences.
They can and will pay to do all that stuff, the rich loooove "raw" experiences. And they they pay for their private jet to take them back home the next week. Never having to really work to cover the cost of anything listed above. Makes you feel pretty numb just to think about it
Your answer depends on what one is looking for. I prefer your way.
If you were ever wondering if there’s such a thing as „having too much money“…THIS! This is it!
Seriously. When he mentioned that the best spots for yachts were regarded as the best because people could see your yacht from the side instead of just the back….I just about died.
There are real problems in the world and these rich people who can do the most to help are just worried about parking their yacht in the best way to make other people jealous!!!
@@SaveMoneySavethePlanet funny thing is, "normal" people are exactly the same... People are just upset when rich people do it because they *are* jealous lol
@@g.starkiller6354 there‘s a difference. yes, our problems are also silly compared to billions of people. but to say that those things are the same is just silly and achieves nothing.
@@finn8518 it's on a different scale for sure, but still the same stuff. Why do people buy clothes made thousands of miles away? Because their friends will say "oh that looks so cute" (women in this case lol)
Same goes for vacations, their cars, houses, IPhones...
It's not that I'm saying anyone is a bad person because of their behavior. But I'm saying both, average income individuals and high net worth individuals, don't care about the (ecological) price for what they want to achieve: Being liked and, or successful.
What does upset me is that most only blame people with lots of money, and pretend to not be part of the problem at all. Same goes for those multi billionaires who tell us to not go on vacations but own multiple jets lol. Just that the UHNWIs don't voice it as aggressively (msot of the time)
Of course not everyone is like that in neither income bracket though, and I think the only way to move to the future is to work together instead of against each other - regardless of income (and most other differences ofc)
If you took all the US billionaires money it would run the US government for 8 months. Perhaps it's not the very successful who we should have a problem with but a government who put us 31 trillion dollars in debt by spending our money like drunken sailors. Hundreds of billions of which isn't even spent here at home every year.
Nice of Sam to make a video showing us what a day in his life is like, and what that youtube money can buy.
ok
ok
Ok
Ok
ok
There are absolutely junior versions of this. I used to hang locally on the fringes of a couple groups that had different price level versions of this. One group was investors and venture capitalists who liked really expensive resorts and restaurants. They lived all over the US, and got together regularly. The other was young professionals who were all local, and took a monthly trip to more normal destinations. To play along, you have to be financially successful, obviously, but you’re also always have to be “on”. It’s like being on a corporate retreat when you are supposed to be relaxing with friends. The people who do this are either characters or just have really good interpersonal skills.
Usually, they just have sociopathic and narcissistic tendencies. Not always, but usually
12:41 Ultra wealthy people are travelling to 'disappear', as the camera pans to a submersibble 💀
“We’re people just like you”
-a person fundamentally nothing like us
Hey Sam, can you do a video on the economics and logistics on the guillotine industry next?
I work right of Wall street in NYC and I see the excessive wealth all the time in many different ways. The fact that a store front fairly small commercial space is listed at $44,000 a month shows the huge inequality in the world!
This is what I call nominal inequality. When you can buy/sell a piece of crap for $44,000 a month, it still remains a piece of crap.
@@clray123 yes exactly. If this space was in Blackwater Oklahoma it would be $400 a month. Even if its not right I understand that in a major city rents are higher but not $44,000 higher.
@@thewatchersofthewood3530 it’s not like they charge more money because it’s new york and new york is a nice city. That commercial space in New York will generate 100 times more revenue than the same one in Oklahoma (if not more). If they really were the same, everyone would just rather open their business in Oklahoma
That's called New York syndrome where flooded old rat infested crime ridden tiny spaces go for big money because "NYC BABY!"
"Human beings are born with different capacities. If they are free, they are not equal. And if they are equal, they are not free."
If you took all the US billionaires money it would run the US government for 8 months. Perhaps it's not the very successful who we should have a problem with but a government who put us 31 trillion dollars in debt by spending our money like drunken sailors. Hundreds of billions of which isn't even spent here at home every year.
a prime example of this is a new ski resort here in Morgan Utah 500k membership fee, that you can only buy after building a home on the resort. Their planned 2 golf courses and ski resort will never be open to the public.
I lived in Saint Martin for a while early in the year and saw Jeff's Yacht there with the attached helipad. Saint Barts tiny runway means that Saint Martin's SXM airport turns into a massive plane parking lot for the busy months. Amazing to see it
Same, from Sxm and it’s fun to see. I remember seeing Trump in the 2000’s too 😅.
For I passed on to you, as of first importance, the account I had received, that Christ died for our sins, as the Scriptures foretold, that he was buried, that on the third day he was raised from the dead, as the Scriptures foretold 1 Corinthians 15
“Nobody ever needs a yacht” is a very poignant realisation one yacht dealer once said. Smiling all the way to the bank, mind you.
LESSON FROM THIS VIDEO: create a business that caters exclusively to billionaires and overcharges the hell out of them
exactly
Apparently the ultra-rich are also ultra stingy a lot of times. They will fight you if they feel like you’re charging them even a single dollar extra
@@Bundpataka also tips 😭
@@Bundpataka Yup. Once shared a taxi with one of them and he asked the driver for 30 cents back instead of rounding the tip of to the nearest dollar. His housemaid also called him “cheap.”
Yeah but be prepared to have nerves of steel and extreme patience as these billionaires are also incredibly demanding massive a-holes. If you ever worked any job with customers, be it a shop clerk, customer support agent or whatever else, than you will know just how bad regular people are as customers. Now multiply that by like a million to see how incredibly awful it is to have a billionaire as your customer. Now do that non stop. So yeah much easier said than done but if you do manage to do it than yeah you can rake in the big bucks squeezing money out of people who literally grow it on trees.
I just want to be able to afford to raise a family in a decent house and car, with access to healthy food and healthcare. It's becoming harder all the time and I can't help but feel like a lot of the money that used to be available to people like me is going now to support this sort of lifestyle.
The salaries aren’t matching the living costs. The more you make, the more they take. So I’m confused how these people even get here…
@@Ashley-il9wk Tax evasion.
Check out the high-art market. People don't buy pieces of art for 40 000 000$+ just to look at it, or even brag to richer friends that they're richer, but to get them appraised too high, donate them to museums and enjoy a fat tax cut.
Then, they use a fraction of that net profit to lobby so the laws that let them do it don't get stricken from the books, and so the people who are supposed to check the appraisals stay undefunded and overbooked.
It's a net positive even after the lobbying and fines, so you can make tons of money without contributing to society by doing any useful work or even paying your fair share of taxes. And that's just ONE of the many means they use to not pay taxes.
Do that enough times for enough cash, and you can subsidize your exhuberant lifestyle with poor people's tax money since you still benefit from public and subsidized infrastructure like water, sewers, electricity, internet, roads, ports and airports (among many others) without contributing for any of it.
Even if it's considered ridiculous. I once attended an event for people considered the ultra rich. Not billionaire rich but most of them had like the video said around 30 to 40 million each. It was when I was younger, and with my grandparents all I can say is that it reminded me of those anime noble parties. Sceming, flattery to high heavens, and $1000 dollar liquid everywhere. It was definitely an experiance I won't forget. It was like walking through a portal too a different dimension where casual conversations could literally create or destroy Millions of dollars in minutes.
They all get the wall.
There's no "ultra rich". There's only rich. If you don't have over $700 million, you're not rich. You are wealthy if you have $30 million.
@@zaco-km3su Disagree. When you have so much money you can blow a billion dollars every day and probably not see your net worth decrease you're on a different plane of existence.
@@Praisethesunson : The billionaires own the wall, the guns, and the blindfolds. They'll rent them to you for a reasonable fee.
@@deusexaethera Capitalists will sell us the rope we use to hang them.
Ironically i am in Austin for F1 catering to a high net worth CEO. His personal security team came out weeks ago to scout their preferred route. The expense spent for these individuals is insane to the common man.
much like presidents, CEOs can't be noobs. His social media security team probably saw this and the dude must be going "Oh shit, now we have to double our measures" hahahha
which one?
Well, abducting them is profitable. One of the realities behind this is that a well organised abduction will neutralise the security team. The chances of that happening go up with the standard of living for most people going down.
As a former ski racer (Univ of Colorado), I've been lucky enough to ski all over the world and have been fortunate enough to ski with some of the best skiers in the world. But unfortunately, it has also put me into the same circles on occasion with these ultra-wealthy people which often ends up ruining ski trips as they will buy up all helicopter rentals for heli-skiing leaving the rest of us stuck (usually just switch to back country off-piste skiing) or in one case even close part of a mountain just for their own personal use. I've noticed that their kids are often clueless about the real world. Talked to some when I was a teen (racing in HS) and all they talked about is what island or European country they would be visiting the next weekend and who would be there. No concept of work or earning money or anything to do with the real world.
That is interesting. Does CU pay for heli skiing for their athletes?
I live in CO too, go buffs!
@@Styxxmixx Hehe, I wish. No that was post-graduation when I was back to being just a recreational skier. At CU many of late mornings were just practicing at Eldora (not very glamorous) and hiking up the runs ("no chairlift for you") when my coaches thought I performed less than expected. On top of that I had ROTC early morning PT's several days a week. Was grueling but fun. Luckily it usually meant no classes before Noon.
As an incredible ski racer (from the prestigious University of Colorado) I’ve skied all over the world with the best skiers across the globe but once there were some rich people that would pay more than I could for my repeated helicopter trips up a mountain meaning I couldn’t pleasure myself skiing down it again with my extremely talented skiing friends. And their kids weren’t even pro skiers or academically gifted and intellectual like me! One time I even had to ski on a slightly different mountain because they had hired my mountain! Wah wah wah. Do you ever listen to yourself? Sounds even more insufferable than the billionaires who no doubt work harder than you.
What does HS stand for?
@@ollie7620 He never mentioned an interest in repeated heli skiing, just that the rich took up all of them. You are interpreting his post incorrectly.
Wrong:
He didn't call himself incredible.
He didn't brag about his university.
He was referring to all skiers. interested in heliskiing, not some super talented friends.
He didn't comment on these kids' skiing abilities nor brag about academic achievements. Knowledge of the world is not a class at some uni, it's learned by being part of it.
Your post is wah, wah, waaaaaaaaah. You are the obnoxious one.
I can remember an article talking about how one of Caitlin Jenner's hangar neighbors at a private airport said he was moving to Arizona so that he didn't have to look at poor people as often as he did in California.
Meanwhile there are schools in Baltimore city that frequently have to close when it gets too hot because they don't have a/c and it's unsafe to have kids in them for a whole day.
"We hold these truths to be self-evident, that alm men are created equal" indeed.
Created equal but performe our own ways . Not every dude can be mandigo but unlike mandigo we don't need to be born with it, we can go and get what we want if we put our backs to it.
@@Gebri3l that is sometimes true. But what of the people who go out and work very hard for what they want and don't succeed?
Baltimore spends a ton of money per student. It's just all corrupt, because the people of Baltimore happily vote for corrupt politicians as look as they are the right color and are in the right party. Baltimore 100% deserves the leadership it has.
Baltimore had sec 8 kids 🏘 eat paint chips because their crack head parents wouldn't feed them. They's demand schools provide meals, laundry, showers 🛁 ....
I totally get what your saying in the video Wendover. Its so frustrating dealing with people that make less than 30,000,000,000 a year.
I too generally don’t engage with anyone making lesser than 300 million a year.
😂😂😂
The yatch carrier actually has my jaws on the fucking floor. That's... that's a whole other level of insanity lmao. Jesus, I almost had a stroke when I heard that. If this isn't like decadence stretched to a record breaking length then I don't know what else could be.
The perfect ship to “accidently” sink
Wait until you hear about all the giant container ships that make the journey from China to America that are loaded from top to bottom with cheap, disposable crap that nobody needs.
The yacht carrier takes many yachts in one trip. It would be worse for the environment, if you are worried about such things, to have them all sail across separately.
@@ah244895 no it’s not even the just environment.
I don’t understand how you could spend hundreds of millions, if not billions, on a SEAFARING vessel that does not fare well in seas lol
There are multiple layers of retardation at work here…
Engineering Gone Wild
"As long as it's legal they will do anything for the customer" Yeah right. They will do anything..full stop.
This really just drives home that the truly rich people live in an entirely different world than everyone else. So many of these thingsr are things that I had never even imagined. I've thought about the cool stuff I would do if I had a billion dollars, but this is way stranger than anything I could imagine. I think about being able to camp and be in nature whenever I want, see concerts, and travel the world for sightseeing. Shipping a yacht across the Atlantic and going to Wimbledon aren't even things I would consider
It is truly horrifying to see how much money, power, options and indifference to the human condition these few individuals have.
That this exists in our world with its many existential crises is absurd.
They might think it's over anyway and try to have the last big party, not giving a damn about the far future or their offspring, as most self-accomplised multi-millionairs do.
Spot on!
Indeed
Some may be indifferent but why assume that all are?
@@LoanwordEggcornYou're conjuring envy as a motive out of thin air there. Says more about you than anyone else.
Have been saying this for a long time - there is a considerable amount of wealth in this world of ours. And everyone is trying to become even more exclusive. And this is its own industry which is taking away the best employees from various smaller sub industries. All gets concentrated at the top, while those at the bottom do with less and less. The worled, its inhabitants and its environment suffers as a result
Pretty good summary of Capitalism.
@@shraka no, that’s just the way the world works. You say it’s capitalism as if this same exact thing didn’t happen during feudalism, mercantilism, socialism, and communism.
It's kind of like how International math competition winners can solve problems that 99.99% of people can't solve even if they tried their entire lives. Yeah, numbers tend to congregate at the top...
@@seanl764 Yeah the megarich just tried 5000x harder than we did
@@gottagofastest They didn't try 5000x harder. They were simply able to do the right thing, at the right time with the right skillset. A normal person trying as hard as possible can't come up with rockets, semiconductors, etc... But some people who studied long and have that talent would be able to figure it out. You can give an international math olympiad winner a math problem that will take them 30 minutes to solve, but a normal person will probably answer that question after 10- 20 years of study.
This makes me feel less guilty about not rinsing out my empty tin of beans to go into a recycling bin.
Not at all a relevant comment. Just a justification for your own failings
You forgot to mention “one-way”submarines
😂😂😂😂😂😂😂
Underrated comment
damn🤣
Everyone by the end of the video:
"That 'whole eat the rich thing' sounds like a good idea"
i dont
I didnt think that
I get that rich people are still people, but this video is making me really hungry...
At this point I don't even want to eat the rich... They probably taste like jet fuel and plastic
@@florbz5821 we can always use them for power generation
The funny thing is that the majority of who say eat the rich on this channel are from the west and thus among the richest people on earth.
So they are basically advocating for their own demise
@@wothin no, not really. Though that’s a cute try for someone who was dropped on their head as a baby
@@PresidentFlip yup, if you are from the west, you are one of the most well of people on earth. One of the richest in fact and one of the most wasteful. Just compare the co2 output between an average westerner and an averages African or Indian. Talking about co2 of individuals
Suddenly I'm really against the idea of these same people visiting the lunar landing sites on private spacecraft in the future if all it would be for is bragging rights and their petty social games, maybe on such a trip the overview effect would hit them from seeing the Earth as a tiny distant world and make them introspect for a little bit but I wouldn't count on it
money and fame makes everything souless. Imagine your grandpa telling you how he felt great seeing a big historic thing like moonlanding. And we will sadly hear that billionaires trashed the moonlanding site. what was once an achievement of humanity will be just be super wealthy"s visiting site. These people dont give a shit about the thing itself, like the monaco GP. its just money dick measuring contest. so fucking soulless
Agreed. And the emissions of their private planes will pale in comparison to the emissions of private space craft.
We desperately need to address the wealth gap in order to stop this from becoming a reality.
Suddenly I'm glad that nobody is going to ask your opinion on the matter.
@@SaveMoneySavethePlanet Not really, since spaceflight is and will remain much less frequent. Private jetflight and especially private yachting are bigger emission sources since those occur daily. Private spaceflight is good when its done for noble reasons like the upcoming Polaris Dawn missions
@@occamschainsaw3450 well this is the youtube comments section so thats what you're gonna get baka
Wow, not only do they fly around willy nilly, but they also have two planes following eachothers tails. They could at least travel in the same jet!
All that flying and yet me driving my car sown the street is what’s killing the planet
Now you get it
You see you have cracked the code my friend
Trains gotta make a comeback in america...
Every little bit counts
They want you riding a bike or using an electric car because they need all the "dirty energy" for themselves. They don't want to "save the planet"
This felt like the explaination they give at heist movies for the super complicated heist the team is about to pull off.
Private car ownership is supposedly killing the planet, but jetsetting like this is totally fine.
While this lifestyle certainly has very high _per capita_ carbon emissions there are a lot more people that have personal vehicles. Additionally most people who have a personal vehicle would likely opt not to if alternatives were sufficiently convenient, right now they're all but forced to own a car. These "ultra-high net worth individuals" could do basically anything they want with their time and this is what they're freely choosing to do.
So dealing with the car ownership problem just means giving people a better option while dealing with the jetsetting problem means taking away people's option to do it. I'm personally not opposed to that but I think you can see why it's politically inconvenient.
@@VitalVampyr I love the ignorance.
My car gets 32mpg and these planes burn how many thousands of pounds of fuel for trips that could be handed by s Zoom call?!?! 😂
The description of Bezo’s plane trips and the purposes was amazing because it really drove the point home that he’s using these just like normal families use a car for the husband and a car for the wife!
They need to quickly fly to conferences to tell us plebs why we're bad people for eating meat or driving for a living. You see, it's more important that they use those jets because their lectures are literally saving the planet, or something
The incredible part of this is that I feel ZERO jealous of that lifestyle, and I suspect I'm not alone there. What a non-life.
once upon a time in my younger years i was jealous of the ridiculously wealthy. But that was before I knew what their personalities were like. Now that I am older and wiser I would not want to hang out with those people. If I were ultra rich, I would avoid all those party places
@@kalissandra the parties are "work" the untra rich naver really rest, they're working 24/7 thsts why they're ultra rich
@@Gebri3l Bro stfu. Literally licking billionaires shoes in every comment.
@@Gebri3lif you are ultra rich then what is the point of working?
@@ViyqYou usually don't become ultra wealthy unless you're driven obsessively to work. If they stopped, they'd likely go completely mad within a few months.
Watching this video while eating a bowl of gas station ramen and thinking about my late bills really stokes my urge to eat the rich. Thank you.
God forbid they pay a penny more in taxes though
Taxes inhibit competition, the number of mere millionaires is small in this world , taxes make a poverty vs wealth situation,just what put Bezo up there.
"Yacht carrying ships" is a real world oxymoron
Bruh... A huge bump in yacht sales during 2021- wonder how many politicians got one through conflicts of interest.
Trillions of dollars were transferred up during the "pandemic" response just in America alone.
Every single sentence that I get through this video makes me want to forcefully tax the rich. I feel like I'm the Hulk but instead of turning green I'm turning into Bernie Sanders.
Yeah, tax the rich, so we can spend more on rockets and bombs (the military being the biggest budget item in the US). Maybe also masks and vaccines of which billions will be disposed of as garbage. Because, you know, the gubbment doesn't have enough money already and can spend it better than those evil rich people who like to travel.
Instead of turning green you're turning green mountains.
Same here. When I was a kid I was duped into thinking that “trickle down economics” actually worked, but my eyes have been opened in the recent years. Tax the heck out of them!
Need to institute a Wealth Tax. Or have them operate the same way private foundations do, forcing them to donate 5% of their wealth each year.
Probably the most egregious middle finger to humanity and environment that you could possibly get
😎Deal with it. - Bezos
Yup. We're supposed to cut down our meat, turn down the heating, drive less / use a bike and these people are living a life of complete excess.
We either tax them more so the lower and middle classes can actually live, or we end up eating the rich. There is no third option.
They're psychopaths, they don't care about anyone else but themselves.
@@EatMyShortsAU How's that boat doing stuck in Rotterdam? Regards Netherlands
@@techtutorvideos So humble people volunteering during their free time to help homeless people, help the environment, help animals, etc, are suddenly psychopaths just like the corrupt CEOs who ruin lives for their profits?
God watching Bezo’s January travel was depressing. I’m over here doing anything and everything I can to help stop Climate Change and this guy burns more fuel in one month than I do all year!
Sure makes it feel futile sometimes 😔
As long as the guillotines stay unbuilt it *is* futile.
A month? Hell one day a he'll surpass you.
I bet his carbon output is relative to his earnings.
Cause the real people who cause the problem spoiler alert its not us nor the top 0.0000003 of wealth earners have convinced everyone is our problem. Look no further than the oil companies hijacking the environmental movement and there massive shell organizations that have made climate change "our" problem instead of their problem. Look it up it's rather fascinating story. They themselves admit they are one the biggest catalysts for climate change especially ExxonMobil.
In January alone he contributes to climate change more than I will in my entire life.
It gets better these are the same people holding climate change summits, that bring costs up for the middle class
Lol.... the average Joe/Jane has no idea what the UHNW lifestyle experience is like. I worked for and traveled with an UHNW individual for years. It was certainly work but also an incredible experience. Regularly visited many of the locations mentioned. Btw, his super yachts (plural) were too large to fit on the transport ships. They repositioned on their own. Once in location, he'd fly into the closest larger airport on one of his (multiple) global capable jets. A helicopter from the yacht would meet him and take him to the boat. Nice lifestyle! Of course for me, jet lag and short nights were the norm. But then, I was but a minion!
9:44 For anyone wondering, that yacht is called the "Legend".
You know, I don't think I ever felt physically sick from watching a video. Until this one.
Video idea: The economics of streaming services, how does a fairly small subscription gain access to all the content, and how does it allow them to make more?
Better question yet: how do patreon sponsored creators all seem to end up having enough time and resources for content """they cannot upload on youtube""", but conviniently sell an external way to pay for it despite having the patreon money in the first place.
@@__-fu5semoney
Scale… you got a shit ton of people paying
The middle class: We can not pay rent and we can not buy a house.
The ultra wealthy: Look at my yatch. If you work hard during this year and meet all our goals, I will be able to afford another one. Remember, we are a "family".
I live on a mountain away from all this chaos and i am living life peacefully and happily
The Monaco GP berths are not rates per night, because it’s not possible to move in and out the port between Wednesday until Monday so it’s a 5 day price that you see. Still it’s way more expensive than normal though!
I don't think I could manage living like this without getting sick to my stomach. I would rather keep to myself and maybe just have a nice solar powered/geo-thermal powered home off the grid somewhere with a large chunk of property (just a few acres) to myself. No fancy planes, no fancy cars, no waste.
up close gorillas in Rowanda, overland treks to the south pole, or imploded in a submarine around the Titanic.
"Ooooo new Wendover video!... Oh... this ones going to make me mad isn't it"
Yes.
This video only proves there’s no such thing as “god”, or Jesus, or whatever make believe magical being. Ironically, it’s the poor that believe it those made up stories of a powerful being. Obviously that “magical being “ HATES poor people, that’s why they suffer the most
Meanwhile, a six figure income is now not just a luxury, but absolutely critical to a reasonably comfortable life. Where 20/hr at 40 hours a week is literally just enough to pay for the average 1 bed apt in Denver while the state minimum wage is 12.56/hr. I find this subject more depressing than interesting.
It's news to me that I am not living a reasonably comfortable life. Thanks for the update.
@@LowJSamuel Well, have you tried not being a bitch?
@@fastfiddler1625 What a completely reasonable response. Sorry for not letting you convince me I'm a victim.
@@LowJSamuel Maybe you don't know what's the cost of living like where he lives?
@@JoaoSantos-ur1gg It doesn't matter where he lives. He didn't put a qualifier on his statement. He said six figures was required to live a reasonably comfortable life. He didn't say "in NYC" or anything. A person can easily live well better than a reasonably comfortable life with well less than six figures. I would know.
As someone from SXM, it’s awesome to see this in a video. All the time, really famous celebrities and billionaires land their private jets, and then we would watch them land before they take a small plane or boat to St. Barths. Got to see Max Verstappen in 2021. And Bezos this year lol.
“The rich get richer” ~Liu Kang (Mortal Kombat)
The fact that Jeff Bezos has two jets, one for himself and the other for his partner blows my mind. Furthermore, the fact that they can both fly to the same location separately is absurdly excessive.
Yeah and just a day apart! Holy shit.
partner not wife