Where the world's richest people often "gather": Both a place to relax and a place to discuss business

The richest people in the world spend most of their time working to make money, but always have time for fun.

According to Forbes estimates, there are 2,640 billionaires in the world , which is equivalent to about 0.00003% of the global population. How do the world's richest people entertain themselves when they are always busy?

Besides appearing on the guest list of the most prominent film festivals, yacht shows... according to Business Insider, these are the places where billionaires socialize, trade and relax throughout the year.

January in Davos

After the New Year festivities, many billionaires travel to Switzerland for the annual meeting of the World Economic Forum in Davos, where they can enjoy lavish dinners, ski and discuss global issues.

Many of Davos' luxury hotels, such as the Steigenberger Icon Grandhotel Belvédère and AlpenGold, are closed.

If you want to visit Davos at this time, you should rent an apartment, but it won’t be cheap. An apartment with two double beds and a pullout sofa costs nearly $27,500 for five nights of the conference. And most restaurants are booked for the conference, so you can expect to pay $43 for a hot dog.

The World Economic Forum's annual meeting in January is regularly attended by billionaires and world leaders. Photo: Chris Ratcliffe.

Watch the Super Bowl in February

NFL teams are one of the most popular pastimes of the super-rich. It's no surprise that some billionaires flock to watch the sport 's biggest game each year.

Travel companies have curated luxury experiences for the wealthiest fans, with six-figure prices. Services include chartered jets, five-star accommodations and post-game access. A stadium suite in Las Vegas, for example, will cost up to $3 million.

The Super Bowl is America's sporting event of the year, and billionaires occupy private suites in the stadium to watch the game. Photo: The Philadelphia Inquirer.

March to Art Basel art fair

2022 marks the return of Art Basel in Hong Kong (China) after a three-year hiatus due to the pandemic. According to Bloomberg, wealthy Chinese have been sharing private jets to the fair and spending millions of dollars on art.

One of the fair's most famous sales took place in 2018. Microsoft co-founder Paul Allen sold Willem de Kooning's "Untitled XII, 1975" for $35 million to a private collector.

Art Basel Hong Kong saw more than 12 seven-figure sales in 2023. Photo: Handout.

April to attend the Masters Tournament

Each year, the Masters Tournament kicks off the major professional golf championships and is held exclusively at Augusta National Golf Club.

The famously exclusive club in the US counts several billionaire members, such as billionaires Warren Buffett and Bill Gates, as well as investors Warren Stephens, Dirk Ziff and Stanley Druckenmiller.

Going to the Cannes Film Festival in May

The Cannes Film Festival in France at the end of May is reserved for industry professionals. But according to the festival's website, the super-rich can pay to attend.

It's both a chance to get a first look at Oscar winners and a chance to mingle with the stars. Billionaires like François-Henri Pinault and the late Paul Allen have hosted their own parties at the festival.

Actress Salma Hayek and billionaire husband Francois-Henri Pinault at the 2023 Cannes Film Festival. Photo: Reuters.

Royal Ascot horse racing in June

The famous billionaires who appeared at Royal Ascot – an annual horse race held about 40 km from London (UK) – were not surprising as they were members of the British royal family.

For more than 200 years, Royal Ascot has been open to the public. Around 300,000 people attend the five-day event, but children under 10 are not allowed to attend.

Billionaire Lord Anthony Bamford has horses racing in this event. Photo: John Walton.

July features Allen & Company's Sun Valley Conference

Every July, private jets land in the small town of Hailey, Idaho, for the Davos-like summer event of Allen & Company's Sun Valley Conference, also known as billionaire summer camp. This is where billionaire Jeff Bezos bought The Washington Post for $250 million in 2013.

Burning Man music festival takes place in August

On the surface, the Burning Man music festival doesn't look like an event for billionaires. But the world's richest people don't seem to care about being in demand.

Since the 1990s, attending Burning Man has become a status symbol for the tech elite. Google founders Sergey Brin and Larry Page are longtime attendees.

Facebook co-founders Dustin Moskowitz and Mark Zuckerberg, Uber co-founder Garrett Camp also attended the Burning Man festival. Photo: Reuters.

September has Monaco Yacht Show

There are plenty of yachts and superyachts packed into the Monaco Yacht Show in Monte Carlo, where billionaires gather at the end of the summer to look for new luxury vehicles. If you want to see the show or meet the billionaires, you can attend the event by purchasing a ticket for $640 a day.

Rare superyachts worth billions of dollars are often put up for sale at the Monaco Yacht Show. Photo: Handout.

Attend the Frieze art fair in October

The Frieze art fair is held annually in London, attracting wealthy people from all over the world. Anyone can buy a ticket to attend the fair. In 2023, the lowest price is 46 GBP (equivalent to 1.4 million VND).

November has Le Bal des Débutantes gala

Le Bal des Débutantes is a fashion event and debutante ball held annually in November in Paris, France. The gala is by invitation only, and even billionaires cannot buy tickets.

As usual for the rich, everything is free. Dance lessons, haute couture dresses, jewelry are all paid for by sponsors.

Heirs to billion-dollar fortunes, such as Araminta Mellon, Kayla Rockefeller, Laila Blavatnik and Amanda Hearst, often have very wealthy and very powerful parents accompanying them. Photo: Harper's Bazzar Arabia.

December New Year's Eve in St Barts

While Aspen (Colorado, USA) and the Maldives are popular choices for the wealthy to spend the winter, perhaps nowhere has more billionaires per square foot during the holiday season than St. Barts.

Over the years, St. Barts has attracted yachts owned by the likes of David Geffen, Barry Diller and Diane von Furstenberg, and Bernard Arnault to join in the year-end festivities.

According to Markettimes