[imagesource: Twitter / Paris Hilton]

It looks like things were only just warming up when the world’s biggest earners were splurging their lockdown cash willy-nilly on grand excesses.

Since the super-rich are practically unaffected by the COVID-19 pandemic and all its restrictions, they are throwing their cash far from home and going on “travel splurges” that have been compared to the Roaring Twenties.

They’re able to bypass airport troubles, hop on private jets, and get all the COVID-19 testing and administration out the way with experts at their beck and call.

Then, these rich people are going out with family and friends on their yachts, superyachts, megayachts, or gigayachts, to enjoy a long and luxurious vacation.

Exhibit A above: Paris Hilton and her fiancé on a yacht in Corsica and Sardinia.

All that and more from The Telegraph:

While the back to office post-COVID-19 push is afoot here at home, for the uber-rich and ready to travel, it’s a different story – there are currently more super yachts than ever in the Mediterranean, according to research by Bloomberg; the French Riviera has been clogged up with luxe vessels, while in Italy (where Paris Hilton and Kendall Jenner chartered boats) harbouring rates are 30 per cent higher than last year…

Hairdressers, private tutors (particularly now term has restarted), personal trainers and, in the case of Russian clients, crates of caviar, can be shuttled to the vessel at short notice, while the onboard chef will create daily menus to rival any onshore restaurant.

If you’re not gawking yet, the cost of chartering a floating five-star hotel will do the job, going for upwards of £375 000 (around R7,4 million) per week.

Luxury travel consultant Julia Perowne says that these wealthy folks’ “absolute desire for glamour” is similar to what one would see during the Roaring Twenties:

…the average spend has increased by 50 to 100 per cent in top hotels across Europe, she says, with people dressing up for dinner and buying expensive Champagne and spa treatments.

If the uber-rich are not bopping peacefully in blue waters, they’re booking up those “ultra secluded private homes in decadent gardens by the sea” or opting for five-star British staycations.

And don’t doubt that all of the aforementioned holidays come with private chefs, tutors, hairdressers, nail technicians, limo drivers, and yoga teachers who are ready for their clients at any second:

One super wealthy client, who prefers not to be named, hired a yoga teacher for six hours a day for the duration of her six-week stay at one of St Tropez’s most expensive villas, in case any of her guests felt like a stretch; she also secured a fleet of limousines to wait in the drive should they want to head out shopping.

“We’ve come here to have fun and we don’t want any issues,” she explains. Indeed, such is the fervour for the Mediterranean’s most coveted beach clubs that the super rich send their concierge team to the venue in advance to ensure there is enough space around the table.

Although, apparently there are not enough chefs to provide each billionaire with their own private experience and the villas, private houses, and five-star resorts are fully booked well up to the next two summer seasons.

That may sound like an issue, but there’s not a doubt in my mind that all the UHNWIs (ultra-high net worth individuals) out there will find something, somewhere to splurge on.

[source:telegraph]