INVESTOR HUB
  • Home
  • Personal Finance
  • Fintech
  • Company Earnings
  • Sustainable investing
  • Retirement
  • Side hustle
  • Crypto
  • More
    • Stock market
    • Commodities
    • Politics
No Result
View All Result
INVESTOR HUB
No Result
View All Result
Home Fintech

The Wild World of Extreme Tourism for Billionaires | WIRED

Investor-hub by Investor-hub
June 26, 2023
in Fintech
0
The Wild World of Extreme Tourism for Billionaires
| WIRED
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


For the reason that pandemic, Madison has observed an uptick in high-net-worth people reserving out total expeditions. “One shopper purchased a complete journey to climb Mount Vinson in Antarctica for $200,000 final yr,” he says. “It’s the most recent pattern: billionaires wanting their very own personal journey with associates; they fly to Antarctica in a non-public jet. It’s next-level.”

Though his mountain expeditions are high-end, Madison says they arrive with minimal consolation. The best luxurious he affords, he provides, is at Everest base camp: Heat showers, yoga periods, and a eating tent with a film display are among the many facilities on the $75,000 tour. “The fellows that come on my adventures in the end need to undergo just a little bit—that’s how they really feel alive. In any other case, they’d be staying at a 4 Seasons five-star resort someplace.”

Nonetheless, a cottage business of luxurious excessive tourism additionally exists. White Desert Antarctica affords premium lodging close to the South Pole for $15,000 an evening, replete with heated, opulently furnished pods and personal cooks. Harding had additionally completed that journey. “Hamish has been a real buddy to White Desert for a few years,” founder Patrick Woodhead mentioned in an announcement. “He has traveled with us to Antarctica a variety of instances, together with with astronaut Buzz Aldrin when he visited.”

With these excessive tourism corporations, security usually comes with a excessive price ticket. Madison says his service affords networks of skilled guides and logistical know-how, in addition to Western and Sherpa groups that coach, help, and lead adventurers 8,000 meters above sea stage. Further oxygen, good meals, and enhanced communications are additionally supplied. “However you are able to do Everest cheaply and climb with your individual tent and and not using a information,” says Mountain. “There are many operators that provide a rudimentary service—and that’s when it will probably get actually harmful. You’re left by yourself.”

OceanGate seems to have had its ft in each camps. As the only vacationer operator offering journeys to see the Titanic—and Titan one in every of solely a handful of manned submersibles able to reaching 12,500-foot depths—tickets weren’t low-cost. On the similar time, situations contained in the sub have been removed from luxurious, and the dive carried appreciable dangers. OceanGate’s waiver not solely mentions death three times on page one, Titan was bolted from the skin—leaving these inside to outlive on a finite quantity of oxygen and depend on exterior assist to get out of the sub, even after surfacing. The vessel was additionally managed by a modified online game controller. “Nobody happening board would have been underneath any illusions that it was secure,” says Mountain. “That’s a part of the attraction: The wreck is extremely inaccessible, harmful to go to, and steeped in mythology. And only a few folks have completed it.”

Grace Lordan, affiliate professor in behavioral science on the London Faculty of Economics, says these harmful expeditions have outdated luxurious gadgets for thrill-seeking entrepreneurs. “Pleasure and function have a tendency to find out happiness, and it was once about materials purchases and philanthropy. Over time, redistributing wealth nonetheless gives function, however pleasure is tougher to achieve.”



Source link

Tags: billionairesextremetourismWildWIREDworld
Previous Post

The UK mortgage market may need an overhaul, not handouts

Next Post

Satacom delivers cryptocurrency-stealing browser extension – IT-Online

Next Post
Invigorated and innovative client-first approaches are expected from financial institutions as 2023 – Global Banking And Finance Review

Satacom delivers cryptocurrency-stealing browser extension - IT-Online

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Invigorated and innovative client-first approaches are expected from financial institutions as 2023 – Global Banking And Finance Review

Peyto Exploration & Development's (TSE:PEY) 77% CAGR outpaced the company's earnings growth over the same three-year period – Simply Wall St

August 9, 2023
Invigorated and innovative client-first approaches are expected from financial institutions as 2023 – Global Banking And Finance Review

Political Miracle: Republicans And Democrats Amazingly Agree To … – Forbes

September 1, 2023
Invigorated and innovative client-first approaches are expected from financial institutions as 2023 – Global Banking And Finance Review

We Ran A Stock Scan For Earnings Growth And Nokia Oyj (HEL:NOKIA) Passed With Ease – Simply Wall St

May 21, 2023

Browse by Category

  • Commodities
  • Company Earnings
  • Crypto
  • Fintech
  • Personal Finance
  • Politics
  • Retirement
  • Side hustle
  • Stock market
  • Sustainable investing

Recent News

Penalty For Missed RMDs Is Reduced; Why You Should Care

Penalty For Missed RMDs Is Reduced; Why You Should Care

September 27, 2023
Veteran iGaming Team Launch Crypto Casino Portal

Veteran iGaming Team Launch Crypto Casino Portal

September 27, 2023

Categories

  • Commodities
  • Company Earnings
  • Crypto
  • Fintech
  • Personal Finance
  • Politics
  • Retirement
  • Side hustle
  • Stock market
  • Sustainable investing

Follow Us

Recomended

  • Penalty For Missed RMDs Is Reduced; Why You Should Care
  • Veteran iGaming Team Launch Crypto Casino Portal
  • Costco Shares Rise After Beating Earnings Expectations Despite a … – Investopedia
  • Sam Altman backs Slope’s $30M round to digitize, scale B2B payments
  • 8 Ways To Lower Your Student Loan Payments As Repayment Resumes

© 2022 Investor Hub | All Rights Reserved

No Result
View All Result
  • Home
  • Personal Finance
  • Fintech
  • Company Earnings
  • Sustainable investing
  • Retirement
  • Side hustle
  • Crypto
  • More
    • Stock market
    • Commodities
    • Politics

© 2022 Investor Hub | All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?