Whenever people are asked about their hobbies, reading books, swimming, surfing the net, cycling, photography, and various other activities come up more than once. This is because we engage in a hobby to relieve stress during our spare time.
Our hobbies are generally a source of happiness, so we do not hesitate to spend money on them. Nevertheless, let’s step out of the box and look at the hobbies that require thousands of dollars.
Do you intend to continue pursuing those interests?
Despite being wealthy enough to have such magnificent hobbies, here are the activities you would never spend money on if you were not rich.
1. Flying an RC Airplane
What a fantastic experience it would be to build your remote-controlled aircraft. In terms of entertainment, this hobby includes everything that anyone might look for.
To build a plane that can fly, creativity and understanding are needed. Once you fly it successfully, you will rejoice, just like the Wright brothers did when they fled the plane for the first time.
If you get excited about this hobby and want to give it a try, you can buy a ready-to-fly RC plane for $100 to $200.
2. Travelling around the world
There are many stories about people traveling around the world for a few dollars, but it is tricky.
In addition, if you follow others’ advice, you will end up staying in substandard accommodations, eating limited food, and commuting within cities on foot. Did you enjoy this trip? It does not.
Traveling around the world is a luxury that only the wealthy can afford. In the travel experience, one can indulge in hotel amenities, gorge on exotic culinary delights, and easy commute to all sights to see. Furthermore, taking a trip worldwide requires a long break, which is expensive and difficult to afford.
The cost of traveling around the world could range between $20,000 and $30,000, but the exact amount would depend on your preferences.
3. Car Racing
It would help if you didn’t think that car racing is a cheap hobby because of the Fast and Furious movie franchise. However, if you wish to pursue car racing as a hobby, expect to spend a significant amount of money. Additionally, you will need reliable safety equipment, as car racing is a hazardous undertaking.
Your dream racing car and equipment can be yours for as little as $10,000 to as much as $100,000. A racer’s insurance cost would be $566.34 per month, so these expenses do not include life insurance.
4. Sky Diving
Most people would like to skydive at least once in their lifetime. When you can fly like a bird far beyond the world we are accustomed to, it is a magical experience. It is the adrenaline rush feelings that make some people keep on doing it over and over again. Thus, enjoying skydiving as a hobby is so popular that many wealthy people are prepared to pay extra to spend time in the clouds.
Comparing time to cost, it is expensive, spending about $2.5 per second, and can add up to $150 to $250 per minute. So even if you jump twice a week, you’ll still pay about $24,000 a year. In contrast, if you get yourself certified for $1500, you can reduce the cost each year.
5. Scuba Diving
Something is enticing about exploring the world beneath you. You will be captivated by the colors and tranquility of marine life. In addition, you can enjoy scuba diving while on vacation.
A hobby can cost as little as $800, including $300 in certification and $500 in equipment, but only if you live near a scuba diving venue.
6. Luxury Car Collection
Collecting vintage cars is a highly lucrative hobby worth millions of dollars. People collect rare antique vehicles, muscle cars, and sports cars. However, the cost of collecting, managing, and storing a car collection is high.
7. Exotic Pets
Dogs are no longer the only pets of wealthy people. Keeping exotic pets has become a popular hobby for the rich to improve their social status. Exotic creatures include white lion cubs, cheetahs, and octopuses. Foreign celebrities are more than willing to invest a lot of money in exotic pets.
Nicolas Cage made headlines after purchasing an octopus for $150,000 to understand other cultures better and become a better actor.
You can buy different kinds of exotic pythons and lizards online as make them your pet.
In addition to celebrities, well-off people spend a great deal of money on this hobby. A white lion cub will cost you about $140,000, and a cheetah cub will cost you about $314,500. Your expenses won’t end here. A license is also required to keep certain wild animals as pets.
8. Yacht Racing
Are you interested in ruling the water world? This is what it is like to win a yacht race. Owning a yacht is an expensive deal, and you’d better have a gold bag to match. Depending on the luxuries, a yacht will cost anywhere from $ 2 million to $ 800 million. Yacht racing is a popular hobby among the rich, but it costs an extra $8 to $10 million to get it ready for racing. However, the cost of maintaining a yacht for this purpose is $100,000 per month.
9. Mountain Climbing
There is something for everyone in this hobby. While mountain climbing is an adventure sport that requires experience, those who are wealthy can see it as an opportunity to enjoy a thrilling experience that surpasses all the city’s pleasures and can enjoy without the difficulties of climbing. So top and enjoy the excitement and scenery that is incomparable to all of the city’s delights.
Mountain climbing is not an inexpensive hobby if you factor in a guide, licenses, clothes, supplies, and other travel expenses. For example, with a guide, climbing the seven summits will cost you more than $170,000.
Who doesn’t love horses? These majestic animals are awe-inspiring, and it’s easy to understand why so many folks enjoy riding them. Unfortunately, equestrianism requires a lofty budget, with one horse costing up to $100,000. Basic equipment (for both the horse and the rider), lessons, entry fees, and transportation add a considerable amount, making this a sport for the wealthy.