Luxury Pastimes: The Outrageously Expensive Hobbies of the Ultra-Rich

The Outrageously Expensive Hobbies of the Ultra-Rich
Wealth Gang / AGCreativeLab/istockphoto / svetikd/istockphoto

While regular folks slum it playing pickleball or kayaking as a hobby, the ultra-rich are able to indulge in some more expensive, elite pastimes. From sailboat racing to collecting designer bags and watches, we perused Reddit to find some of the most ridiculously pricey hobbies the rich spend their time and money on.

1. Owning Helicopters or Airplanes

Helicopter and propeller airplane on parking apron at snow-capped mountains backgrounds.
zorazhuang/istockphoto
zorazhuang/istockphoto

“Owning helicopters/planes for a hobby. Definitely only wealthy folks are doing such.

I know quite a few people who own planes/jets, but I only know one that owns a helicopter. It’s making me wonder how wealthy he really is. Ha!” –u/brooksram

2. Sailboat Racing 

Sailing races at Cowes with the red team out front.
Nicholas Free/istockphoto
Nicholas Free/istockphoto

“Racing sailboats, at least where I live, is incredibly expensive. Carbon fiber hulls and masts, sails, Navionics, storage, and maintenance, the costs are mind numbing.” –now deleted user 

3. Collecting Luxury Apparel Items

Women luxury shoes
AGCreativeLab/istockphoto
AGCreativeLab/istockphoto

“Collecting luxury apparel or accessories like the people who buy multiple Rolex watches or Chanel handbags. Also, people who trade these types of items as a hobby in addition to or instead of collecting them.” –u/Sage_Planter

4. Anything To Do With Horses

Head of the thoroughbred horse looking over the wooden stable doors. Close up, copy space for text, background.
Evrymmnt/istockphoto
Evrymmnt/istockphoto

“My dad is a retired horse vet and his favorite joke is, ‘How do you get a million dollars while owning horses?’ ‘Start with two million.'” –u/TelmisartanGo0d

5. Indulging in Fancy Snacks

Caviar and champagne
GMVozd/istockphoto
GMVozd/istockphoto

“Caviar with the pinky extension. No better way to spot a wealthy person than the pinky.” –u/Reno_Mike

6. Fishkeeping

The modern loft interior with aquarium. 3d concept
vicnt/istockphoto
vicnt/istockphoto

“Fishkeeping. The fish are by far the cheapest part.” –u/kdhickma

7. Cheesemaking 

the cheese maker marks the cheese
Nikola Stojadinovic/istockphoto
Nikola Stojadinovic/istockphoto

“Cheesemaking. Why buy a reasonably-sized hunk of fancy cheese at the store when you can spend $100s on milk, a couple grand on supplies and equipment, and months of your time on a slightly larger, but not as good tiny wheel of your own?” –u/thegreatfartrocket

8. Luxury Travel 

A couple in love drinking champagne on the seashore, panorama. A happy couple on a honeymoon by the sea, panorama. A beautiful couple with champagne on the coast. Honeymoon. Wedding travel. Copy space
Mikhail Sotnikov/istockphoto
Mikhail Sotnikov/istockphoto

“Not just going on 1-3 overseas vacations for a week in a year, but luxury custom travel itineraries — traveling to 3 or more countries/ locations over weeks, often with friends/extended family, with transport/events/experiences planned out and a guide or guides during the trip. The accommodations also tend to be world-class in terms of history and/or architecture. Think Eastern & Oriental cross-country train rides, Abercrombie & Kent safaris, $50,000 or more wellness retreats in Maui or Switzerland.” –u/instabored2210

9. Collecting Wine

Liquor Store With Wine Bottles On Shelves
onurdongel/istockphoto
onurdongel/istockphoto

“Collecting wine, traveling all over the world, sometimes booking the travel a year or more in advance, attending lectures/wine tastings religiously all over, and following the ratings/value tracking their wines more intensely than they do the stock market. They often host wine-appreciation parties at home with some star sommelier etc, and a lot of them store them in specialized cellars at home and/or rent space at specialized high-security cooled storage (plenty of these in LA/NYC).” –u/instabored2210

10. Yachting 

This photograph captures a couple enjoying a romantic dinner on a luxury yacht as the sun sets over the Mediterranean. With gourmet seafood and fine wine, the scene epitomizes relaxation and high-end living. The elegant yacht offers a serene and exclusive atmosphere, perfect for intimate moments and luxurious getaways. Ideal for promoting travel, romance, and upscale lifestyles.
merteren/istockphoto
merteren/istockphoto

“Yachting (requiring a crew, complete with captain).” –u/HotStraightnNormal

11. Building Models

Mature man at office making plane model for next project.
svetikd/istockphoto
svetikd/istockphoto

“Model trains, rocketry, or battlefields. Really any model building.” –u/piratecheese13

12. Collecting Fountain Pens

Five fountain pens in a row on white paper
brazzo/istockphoto
brazzo/istockphoto

“Fountain pens became my COVID thing. Then it went to rollerballs. Then to pencils. Now I have an Office Depot worth of writing instruments (and just got three more pens because I won a gift card to a pen shop).” –u/Dynamite_McGhee

13. Mountain Biking

Cycling on sunrise forest trail
lzf/istockphoto
lzf/istockphoto

“Mountain Biking. Owning a $5k bike is absurd, sure is fun though.” –u/importantuser19352

14. Coin Collecting

Box with collectible coins in the cells and a page with coins in the pockets, soft focus background
Igor Butseroga/istockphoto
Igor Butseroga/istockphoto

“Collecting U.S. Coins. Spent way too much in the past year.” –u/ipg9

15. LEGOs … If You Know, You Know

Police at the crime scene lego set
meskolo/istockphoto
meskolo/istockphoto

“Legos. There is no hobby more expensive than a Legos enthusiast.” –u/Weary_Ad2590

Author
Rachel Schneider

Rachel is a Michigan-based writer with a bachelor’s degree in Professional Writing and English. Throughout her career, she has dabbled in a variety of subject matter from finance and higher education to lifestyle pieces and food writing. She also enjoys writing stories based on social media trends. Find her on Instagram @rachel.schneider922