We Need to Talk About the Ultra Rich Paying for Extreme Travel...

Why would someone pay 250K to go to see the Titanic wreckage in a submarine?

⚡️In this newsletter: 

• Video of the week

• Video's cheat sheet

• Video's sources

• What's next!?

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📹 Video of the week: 

We Need to Talk About the Ultra Rich Paying for Extreme Travel

Why would someone ever pay $250,000+ for an experience of a lifetime? Is it for social currency?; Fame?; The feeling of being the first ever to do something? Join me as we discover precisely how and why the ultra-rich travel the world.

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📊 Video's cheat sheet

Stand-out facts and figures about ultra high net worth individuals we had to leave on the cutting room floor this week

1. 295, 450 people in the world have a net worth of at least 30 million USD.

2. This group of people makes up 0.0037% of the world’s population but hold about 1/3 of the world’s wealth

3. The average age of billionaires is 65 years old

4. Just 12% of all ultra-high net worth individuals are women

5. Billionaire fortunes increase by $2.7 billion per day

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📚 Video's key sources

• Forbes’ 37th Annual World’s Billionaires List: Facts And Figures, 2023

• Fast Company, The Man Who Wants to Send Us To the Bottom of the Ocean, 2017

• Barack Obama, Stavros Niarchos Foundation (SNF) Speech, 2023

• New York Post, Super-rich demand for risky excursions shockingly surges despite Titan sub disaster, 2023

• The Washington Post, What is submersible tourism? The Titanic expedition, explained, 2023

• Forbes, X-treme Luxury Travel for Billionaires: The Rise of Luxpeditions, 2018

• Wendover Productions, How the World’s Wealthiest People Travel, 2022

• Vox, Billionaires: Explained, 2019

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🚀 What's next !?

And that’s it from us this time! We will be back very soon with another instalment of Unplugged (the next video is a secret!). In the meantime, stay tuned to our Instagram for the latest updates.

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