Where do “the elite” vacation?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Anywhere they can avoid the riff raff and find others like them. It varies based upon where the “elite” live. I know the answers for old money Richmond but I’m sure the answers are different for every city.

Where do old money Richmond vacation?

Pre-COVID days: they seem to enjoy Jade Mountain. They like flying first-class out of RIC, getting a connecting flight, then on to Europe as well. They are surprisingly more eco-conscious than others, IME, many have no interest in private jets or fractionals.

This totally depends on the people. I have some very wealthy people in my family, and you would absolutely never know it. If they vacation at all, it's to places that lots of wealthy people go to or live--like Naples, Florida. Most of the FFVs I know just have big houses in North Carolina like everybody else. So I don't know who these "old money" Richmonders are. They're generally not very showy.

I know lots of NEW money Richmonders who do those kinds of things. But that's a different breed.

Old money Richmonders do have beach houses sometimes but definitely not private jets or fractionals. That would be vulgar. Honestly the ones I knew kept returning to the same places - skiing in VT and CO, select islands in the Caribbean (Anguilla, St. Croix, St. Barts.) It would be anathema to them to go somewhere flashy or ostentatious. They are much more concerned with what is going on in Richmond. Very into the ballet and symphony, CCV, and St. Catherine’s/St. Christopher’s.

My old money Richmond family (extended) vacations in the North end of Virginia Beach (fancy!). Or their second home, also in the state of Virginia.

Virginia Beach or OBX. Same thing. One or the other.

I’m the PP and these people wouldn’t be caught dead in OBX. (I like OBX fine, ftr.) They are Virginians and see no reason to leave their state to go to the beach. And they think there are too many Northerners there.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The amount of wealth on Nantucket and MV in the summer is astounding.

Those places are wannabe American dumps tbh. We prefer Europe.

Europe is full of places that Europeans deem dumpy but somehow Americans find classy.

[Anonymous]

they go to a lot of the same places that "normal" people do, but they just stay at way nicer places. but i will say that they probably don't go to ocean city.

[Anonymous]

Privacy is generally key. And staff.
Also, if they are truly elite (net worth over $100 million) then multiple homes that are staffed - so its easy to move from one home to another. Vacations can lose their significance in this kind of world.

Here's where my clients "play":

Santa Barbara
Napa/Sonoma
Cabo (El Dorado area only)
Punta Mita (la punta area only)
Small enclave in Panama (Pedasi)
St Barths
BVI/Virgin Gorda
Harbour Island, Bahamas (the Narrows)
Private vessels
Fisher Island, Indian Creek, Star Island (all near Miami, but private enough)
Yellowstone Club, MT
Jackson, WY
Sun Valley ID
Promontory, UT
Sagaponack, NY
Cap Ferrat, FR
Bermuda

I could go on - but I am sure I am boring you all!

[Anonymous]

PP here.
And if you are looking for where they vacation - here are some of the clubs.
Bakers Bay and Yellowstone and El Dorado are the most famous, but these folks have mastered it.

https://discoverylandco.com/our-worlds

[Anonymous]

Anonymous wrote:PP here.
And if you are looking for where they vacation - here are some of the clubs.
Bakers Bay and Yellowstone and El Dorado are the most famous, but these folks have mastered it.

https://discoverylandco.com/our-worlds

These are the casamigos guys. Huge money here. No one flies commercial to any of their "clubs"....
lots of recent news articles about them.

[Anonymous]

Anonymous wrote:The amount of wealth on Nantucket and MV in the summer is astounding.

and Bald Head Island

[Anonymous]

Aspen
LA
south of France
Greece/Italy/Portugal

[Anonymous]

Anonymous wrote:PP here.
And if you are looking for where they vacation - here are some of the clubs.
Bakers Bay and Yellowstone and El Dorado are the most famous, but these folks have mastered it.

https://discoverylandco.com/our-worlds

Sort of off spin question here. But HHI does it get to get in here? You don’t know until invited?

I follow two influencers (actually own businesses) so not your Target mom and I know recognize Troubador Club and the Yellowstone club.

[Anonymous]

Anonymous wrote:

Anonymous wrote:PP here.
And if you are looking for where they vacation - here are some of the clubs.
Bakers Bay and Yellowstone and El Dorado are the most famous, but these folks have mastered it.

https://discoverylandco.com/our-worlds

Sort of off spin question here. But HHI does it get to get in here? You don’t know until invited?

I follow two influencers (actually own businesses) so not your Target mom and I know recognize Troubador Club and the Yellowstone club.

Not about HHI at this level.
It’s net worth. Several hundred million at least.

I love skiing YC - starter home used to be $7m; much more now.
Homes in El dorado club are $12-14m…these are often 3rd/4th homes…used 2-4x a year and generally not rented out.
Bakers bay was less - $5-6m….

But these “clubs” with the service are beyond - seriously the way to live. Makes any other luxe vacations seem pedestrian.

[Anonymous]

Anonymous wrote:

Anonymous wrote:PP here.
And if you are looking for where they vacation - here are some of the clubs.
Bakers Bay and Yellowstone and El Dorado are the most famous, but these folks have mastered it.

https://discoverylandco.com/our-worlds

Sort of off spin question here. But HHI does it get to get in here? You don’t know until invited?

I follow two influencers (actually own businesses) so not your Target mom and I know recognize Troubador Club and the Yellowstone club.

They aren’t like country clubs where you need sponsors and letters of rec, etc. You don’t have to be invited, just buy a property and pay the initiation fee and annual dues and you are in. Unless you really misbehave as a prospect or treat the staff poorly, they have turned people away for that.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:PP here.
And if you are looking for where they vacation - here are some of the clubs.
Bakers Bay and Yellowstone and El Dorado are the most famous, but these folks have mastered it.

https://discoverylandco.com/our-worlds

Sort of off spin question here. But HHI does it get to get in here? You don’t know until invited?

I follow two influencers (actually own businesses) so not your Target mom and I know recognize Troubador Club and the Yellowstone club.

Not about HHI at this level.
It’s net worth. Several hundred million at least.

I love skiing YC - starter home used to be $7m; much more now.
Homes in El dorado club are $12-14m…these are often 3rd/4th homes…used 2-4x a year and generally not rented out.
Bakers bay was less - $5-6m….

But these “clubs” with the service are beyond - seriously the way to live. Makes any other luxe vacations seem pedestrian.

The Yellowstone Club is basically sold out. Only thing available are resales and there is 100+ person waitlist for those. Bakers unbuilt lots are about $7 mil. Houses start at $12

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:PP here.
And if you are looking for where they vacation - here are some of the clubs.
Bakers Bay and Yellowstone and El Dorado are the most famous, but these folks have mastered it.

https://discoverylandco.com/our-worlds

Sort of off spin question here. But HHI does it get to get in here? You don’t know until invited?

I follow two influencers (actually own businesses) so not your Target mom and I know recognize Troubador Club and the Yellowstone club.

They aren’t like country clubs where you need sponsors and letters of rec, etc. You don’t have to be invited, just buy a property and pay the initiation fee and annual dues and you are in. Unless you really misbehave as a prospect or treat the staff poorly, they have turned people away for that.

Understand! Very clear now. I’ve seen this model in other areas like Jupiter Island Florida, but they are more like local clubs buy starts low 500k to a 5 million. The whole farm on site thing too, it’s looking like a real estate trend.

So same places but more high end exclusive except for the few we already know. MV, St Barts.

[Anonymous]

Anonymous wrote:I certainly don't hang out in this milieu but I did rub shoulders ever so slightly with a very wealthy clique in college. One thing you do learn is that the very rich quickly know all the other very rich kids, whether from California or Park Avenue or Texas oil money, they flock to each other.

As you can infer, many of their vacations are little more than partying with each other. Spring break trip to Colorado and they take over someone's family's ski chalet and party. Same for trips to the Caribbean. Flights to London or Paris for a birthday party was normal. Big blowout birthday bashes in exotic locations was very normal. They're called jet setters for a reason. And the pattern continues as they age. They still party as affluent middle aged people, just in different ways (less drugs!).

While there are certainly favored destinations like St. Barts, it's not just the locale, but what you do at the said locale, and that involves being with other rich people in their houses or boats or exclusive islands or estates or possibly taking over a small boutique hotel that only those in the know know. They'll even go to locations some of you would never think about, like someone's enormous (huge!) ranch in the middle of Texas for a wild weekend. The ranch may be surrounded by dull tiny towns of rednecks, but the ranch house and cabins itself will be as finely kitted out as the nicest boutique hotels and personal chefs serving food comparable to Thomas Keller. The same is true for going to your Argentinian college friend's family's ranch in Patagonia, or someone's preserve in Kenya. It's a very, incredibly, groomed lifestyle.

I'm the PP who posted about her sister's FIL, and this much better captures what I was trying to convey. Talking about "where" simply doesn't begin to capture how the uber-wealthy vacation...

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:PP here.
And if you are looking for where they vacation - here are some of the clubs.
Bakers Bay and Yellowstone and El Dorado are the most famous, but these folks have mastered it.

https://discoverylandco.com/our-worlds

Sort of off spin question here. But HHI does it get to get in here? You don’t know until invited?

I follow two influencers (actually own businesses) so not your Target mom and I know recognize Troubador Club and the Yellowstone club.

They aren’t like country clubs where you need sponsors and letters of rec, etc. You don’t have to be invited, just buy a property and pay the initiation fee and annual dues and you are in. Unless you really misbehave as a prospect or treat the staff poorly, they have turned people away for that.

Understand! Very clear now. I’ve seen this model in other areas like Jupiter Island Florida, but they are more like local clubs buy starts low 500k to a 5 million. The whole farm on site thing too, it’s looking like a real estate trend.

So same places but more high end exclusive except for the few we already know. MV, St Barts.

Not really - bc St Barts is a whole island. YC is only one small part of Big Sky (the most exclusive part) - Big Sky also has Spanish Peaks and Moonlight Basin and more - but that's for the working rich....
many of these "clubs" are for people who've made their hundreds of millions (maybe a big sale of their company etc) - but they are not just lawyers or doctors....
big big difference. the type of person in YC is also not working 12-14 hour days anymore.... it's a different type of wealth...maybe they have their own asset management firm - and just run things, but they are def part of the working rich in the same way.
not sure that makes sense?