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Thu 2 Oct 2014 01:57 PM

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Top 10 Billionaire passions and interests

How the wealthy elite choose to spend their free time

Top 10 Billionaire passions and interests
Did you know that 68 percent of the world’s billionaires have a keen interest in sports? Wealth X reveals the top 10 ways that billionaires choose to spend their free time.
Top 10 Billionaire passions and interests
Certain events are a “must go” for many billionaires and those in their social circles, while other events are only interesting to a specific group of billionaires with particular hobbies and passions.
Top 10 Billionaire passions and interests
For those billionaires who have interest in golf, the US Masters and PGA Championship are likely to feature in their 2015 social calendars.
Top 10 Billionaire passions and interests
68.3 percent of the world’s billionaires are serious about their chosen sport, with the most popular being equestrian activities, skiing, tennis and football.
Top 10 Billionaire passions and interests
51.9 percent of billionaires choose to spend their free time participating in philanthropic activities.
Top 10 Billionaire passions and interests
Excluding future pledges, billionaires, on average, donate just over $100 million over their lifetimes. It is the equivalent of 3 percent of their net worth- more than the average billionaire’s real estate holdings.
Top 10 Billionaire passions and interests
The majority of billionaires contribute to numerous charities, but tend o channel the bulk of their philanthropic contributions into one cause. For 28.7 percent of billionaires, their top cause is education or higher education, with some of the largest individual gifts going to universities.
Top 10 Billionaire passions and interests
Outdoor activities are another main passion for at least 23.4 percent of billionaires, such as hunting and fishing.
Top 10 Billionaire passions and interests
Likewise, art comes high in the list of interests with 23.1 percent likely to attend at least one, if not more of the many elite art shows held around the world.
Top 10 Billionaire passions and interests
Yacht shows and racing events feature prominently on a billionaire’s calendar, with the Monaco yacht show and Grand Prix being ranked as some of the most important.
Top 10 Billionaire passions and interests
Fashion Weeks play a pivotal role in the month of February when Fall’s latest and greatest designs hit Milan, New York, London and Paris runways.
Top 10 Billionaire passions and interests
The only UAE based event that seems to attract a significant number of Billionaire’s in the famous Dubai World Cup which takes place in March.