July 28, 2021

Here are the most extravagant expenses of tech billionaires

The greatest fortunes from the new technology sector, who are among the world’s first billionaires, have enough resources to be able to give in to extravagant purchases. While many of these billionaires – notably Microsoft’s Bill Gates and Facebook’s Mark Zuckerberg – focus on philanthropy, these moguls have not skimped on luxury spending.

These include awesome means of transportation, from superyachts and private jets to custom car collections. Real estate portfolios consist of state-of-the-art homes for those based in Silicon Valley, as well as private ranches and island getaways. Atypical pleasures range from Michael Dell’s collection of rare photos to Sergey Brin’s private trapeze lessons.

Here are some of the most extravagant expenses of tech billionaires.

Jeff Bezos, the founder of Amazon and the world’s number one fortune, spent € 58m on a private jet.

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Amazon founder Jeff Bezos, officially the richest person in the world this year, spent $ 65 million (€ 58 million) on a Gulfstream G650ER – a private jet that can carry eight people. Last year, the plane made numerous flights to Washington DC … suggesting to observers that the company could set up a new headquarters there.

Tesla and SpaceX founder Elon Musk paid him € 62m for his personal plane.

REUTERS/Aly Song

Elon Musk’s Gulfstream G650ER grabbed the headlines after Tesla paid $ 700,000 (€ 628,000) to help cover the cost of 240,000 kilometers driven last year.

Like many billionaires in his industry, Elon Musk has invested heavily in stone, until he has built up an impressive heritage.

One of the properties of Elon Musk. Sotheby’s International Relaty

One of Elon Musk’s residences – a $ 17 million (€ 15.25 million) estate in Bel Air, Los Angeles – includes a two-story library and wine cellar of 1000 bottles. Other tech billionaires are also known for their impressive properties, including Michael Dell’s “Castle” in Texas and Bill Gates’ Xanadu 2.0 in Medina, WA.

While Elon Musk is known to drive one of his company’s most affordable cars, he’s fallen for an underwater car seen in a James Bond movie.

YouTube/Eon Productions

Elon Musk spent nearly $ 100,000 (89,000 euros) at an auction in London to buy the 1976 Lotus Esprit. The underwater car had appeared in “The Spy Who Loved Me”, the 10th James Bond opus released in 1977. In addition to this purchase, the company manager has among other models a Ford T.

The planes of billionaire Larry Ellison are of a more special kind. They are two military fighter planes.

US Air Force

Oracle founder Larry Ellison owns both a downgraded Soviet MiG-29 and an Italian aviation SIAI-Marchetti S.211.

Larry Ellison is known for his extravagant purchases. He also owns a racing sailing team and several personal yachts.

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Musashi, Larry Ellison’s yacht, is almost 88 meters long. Previously, he owned a much larger 138-meter yacht named Rising Sun. He reportedly sold the ship for $ 300 million.

The billionaire also owns one of the Hawaiian Islands.

Shutterstock/MH Anderson Photography

Larry Ellison paid “around $ 600 million [538 millions d’euros] for 98% of Lana’i. ”The company’s other properties include luxury residences in Japan and Silicon Valley.

Microsoft’s Bill Gates also owns a private jet, a purchase he called “great folly.”

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Unlike Jeff Bezos ‘plane, which only has an eight-person capacity, Bill Gates’ $ 40 million (€ 36 million) private jet can accommodate 19 passengers.

Bill Gates also collects sports cars.

AP

Bill Gates’ collection of sports cars, valued at an estimated $ 650,000 (583,000 euros), includes a Jaguar XJ6, a Ferrari 348 as well as several Porsches – a Porsche 911, a Porsche Carrera Cabriolet 964 and a Porsche 959 Cup from 1988.

The founder of Microsoft also participated in the acquisition of the Ritz Carlton in San Francisco for € 144M

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Bill Gates bought the hotel in 2013 along with “several anonymous buyers”.

Michael Dell, founder of Dell Technologies, and Rob Walton are co-owners of a luxury hotel – the Four Seasons Resort Hualalai in Hawaii.

Four Seasons Hualalai/Facebook

Purchased by Michael Dell and Walmart billionaire Rob Walton in 2006, the palace ranked first on the US News & World Report’s Best Hotels in America list this year. The center has seven swimming pools, luxury oceanfront villas for $ 18,000 (16,000 euros) per night, and an impressive collection of artwork. Michael Dell also owns a Four Seasons penthouse in Boston in addition to his Austin, Texas home known as “The Castle”. [“Le Château].

In addition to his properties, Michael Dell spent € 90M on a private collection of photographs.

Slaven Vlasic/Getty Images

Through his MSD holding company, Michael Dell bought an archival fund of 185,000 rare and old photos. The purchase remains “one of the most important photographic transactions in history”. He has since loaned his collection to the University of Texas at Austin.

Bill Gates spent 32M € on a painting by Winslow Homer and 27M € for a manuscript by Leonardo da Vinci.

Burton / Wikimedia Commons

Both historical artifacts are kept in Bill Gates’ mansion in Washington, known as Xanadu 2.0. He bought the Winslow Homer painting in 1988, and the Vinci manuscript six years later. Dating from the 16th century, the precious artefact is kept in the 195 square meter library of his property.

Magnate Richard Bronson has owned Necker Island in the British Virgin Islands since 1978.

Virgin Limited Edition

Purchased for just $ 180,000 (160,000 euros), the island was valued at $ 60 million (€ 53 million) in 2006. Richard Branson also acquired several expensive toys on the island – including a catamaran. called Necker Belle and a mini-submarine, the Necker Nymph – that it rents to customers staying in the resort. In fact, the expenses of the founder of Virgin are more often seen as investments.

Jeff Bezos also spent three weeks in a submarine searching for objects from the Apollo mission.

Reuters

In 2013, the founder of Amazon spent three weeks aboard a submarine. The excursion recovered the boosters from the Apollo 11 mission.

Google co-founder Larry Page owns a $ 6.4 million home listed on the National Register of American Historic Places.

Google Maps

The Old Palo Alto house was built for the artist Pedro de Lemos. Construction took place over a decade, from 1931 to 1941. Larry Page also owns the neighboring estates, contributing to his extensive real estate heritage.

Larry Page and his friend Sergey Brin both own superyachts.

Duncan Rawlinson/Flickr

Superyachts are a classic billionaire whim, and the two Google co-founders have each invested in their own boat. Sergey Brin owns an $ 80 million (€ 71 million) yacht called Dragonfly, which was used by the two friends for their vacation in Fiji in 2012. Larry Page, meanwhile, owns a six-deck vessel with five jet skis.

Billionaires also share a private jet – and an airport.

OneAbove by Comlux

In 2005, the co-founders of the search engine purchased a Boeing 767-200 that can accommodate 50 people. In addition, Google began construction of a private airport in 2014 for an estimated $ 82 million (73 million euros).

Serguey Brin would also have invested in private lessons of trapeze.

Flickr / Laura Bittner

Advanced trapeze lessons at the Circus Warehouse in New York – where he was sighted – cost $ 1,760 (€ 1,580) per month.

Facebook CEO Mark Zuckerberg owns a € 1.1m sports car, as well as other vehicles.

Volkswagen

Like Bill Gates, Mark Zuckerberg has been seen driving more modest vehicles such as a Honda Fit and a Volkswagen GTI – two vehicles that cost around $ 30,000 (€ 27,000). Among these affordable cars, however, he owns one luxury vehicle: an Italian Pagani Huayra sports car, valued at around $ 1.3 million (€ 1.1 million).

The founder of Facebook also spent 90M € on a former sugar cane plantation and a private beach.

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Mark Zuckerberg purchased a plantation and a white sand beach in 2014. The two properties, the Kahua’aina Plantation and Pila’a Beach, are located on the Hawaiian island of Kauai. The two form a set of 303 hectares of island property that includes both farmland and beaches.

The tech billionaires also spend their money on vacations, like Travis Kalanick, the former Uber CEO, who traveled for a year.

Evan Agostini/Invision/AP

After selling his first Red Swoosh company, Travis Kalanick took a year off for a trip around the world in 2007, touring Japan, Iceland and Senegal. After leaving Uber following a series of scandals in 2017, he sailed around Tahiti in a $ 70 million (€ 62.8 million) sailboat.

WeWork founder Adam Neumann has an impressive real estate portfolio, including a € 18m property with a guitar-shaped coin.

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Like other tech billionaires before him, Adam Neumann has acquired many properties. These real estate purchases include a house in San Francisco with a guitar-shaped room, a 24-acre farm in upstate New York, a mansion in the Hamptons, and a house in Greenwich Village, New York. worth $ 10.5 million (9.4 million euros).

Version originale : Marissa Perino/Business Insider US