Collecting art
Cost - $300M
Collecting art implies huge costs because of high prices for famous artworks. For instance, a Gauguin painting has been recently sold for a record sum of $300 million.
Collecting vintage cars
Cost - $16M
Any vintage car collector wants to have an auto with an interesting story, the auto that will tell a few things about its owner. It is quite a pricey hobby too. Most rich people who collect vintage cars consider them to be equal to artworks. The most expensive car sold publicly was a 1957 Ferrari 250 Testa Rossa with the final sale price of $16.4 million.
Yachting
Cost - $8M-$10M
Yacht racing or renting is one of the most high-priced hobbies. Yacht racing is favored by multimillionaires and billionaires. A yacht costs about $8-10 million let alone her maintenance. Most wealthy people buy two yachts at a time in case of a wreck of one of them.
Keeping exotic pets
Cost – from $150K
The rich often are quite into exotic things, pets in particular. Sometimes, wealthy people do not find it amusing to keep a simple cat or dog so they opt for exotic animals such as cheetah, monkey, and octopus. Famous Hollywood actor Nicolas Cage bought the latter for $150,000. The cost of caring and feeding the pets can also surge to several thousand dollars.
Sky Diving
Cost – from $150-$250
Not everyone is ready to go through such experience as sky diving. However, some acquire a taste for it and look for extreme regularly. One jump costs about $150.
Aviation
Value – from $21K to $206K
Purchasing a plane is, without doubts, a costly thing. The cheapest plane is worth about $15,000; and the most expensive, around $200,000. Attending aviation classes also costs money (from $7,000). The price rises with a person willing to upgrade their qualification and obtain a license to pilot other plane types.
Car racing
Cost – from $10K to $100K
Car racing is a pricey and risky hobby. Large amounts of money are spent on up-to-date and safe equipment. A racing auto costs from $10,000 to $100,000. A car-racer should also purchase a life insurance that makes up about $566.34 a month.
Travelling
Cost - $20K - $30K a year
Sometimes it is hard to estimate a journey's expenditure as travelling to other continents may turn out to be either lavish or cut-price. It depends on accommodation conditions, ways of travelling, and dining options. On average, a long journey may total $20,000 - $30,000 in value.
Navigating radio control airplanes
Cost – from $700
Among other expensive hobbies, radio control airplanes do not look as costly. This hobby requires mastered skills and creativity. At least $700 is needed to develop and make such an airplane. The money goes on construction details. An enthusiast can buy a ready-made airplane for around $100 - $200.
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