11 exclusive events around the world where you’re most likely to spot a billionaire this summer

Cartier Queens Cup polo

The world’s richest people spend much of their time working to earn their fortunes. But they also make time for fun, and that often includes making appearances at some of the world’s most exclusive events.

Wealth-X, a company that conducts research on the ultra-wealthy, recently released its annual billionaire census, which includes the typical social calendar of a high-powered billionaire.

Here, we’ve highlighted the 11 events taking place from May to August this year where you’re most likely to spot a billionaire.

We’ve also included info, provided by Wealth-X, about the billionaires who typically attend these events. From the Cannes Film Festival to Wimbledon to Burning Man, here’s where the world’s wealthiest spend their free time.

MAY: Concorso D’Eleganza Villa D’Este

The Concorso D’Eleganza Villa D’Este is an annual showcase of 50 of the world’s most beautiful cars built from the 1920s to the 1980s, held on the shores of Italy’s Lake Como.

The event is sponsored by BMW, which presents one car owner with the Best in Show award every year. In 2013, that honor went to noted American clothing designer Ralph Lauren — who commands a $5.2 billion fortune — for his 1938 Bugatti 57SC Atlantic.

MAY: Cannes Film Festival

Entertainment’s most talented actors, artists, directors, and producers head to Cannes, France, each May to attend the Cannes Film Festival. The 11-day fête is one of the most significant stages for European cinema, its massive red carpet a symbol of the festival’s glamour and prestige.

Every year, Paul Allen, the Microsoft cofounder with a net worth of $19.6 billion, hosts an exclusive party teeming with celebrities aboard his $150 million, 414-foot yacht named Octopus.

MAY: Formula One Monaco Grand Prix

One-third of the Triple Crown of Motorsport, the Monaco Grand Prix is one of the most prestigious auto races in the world, held each May along the French Riviera in Monte Carlo.

Monaco’s royal family is a mainstay at the Formula One world championship, as is Mansour Akram Ojjeh, the CEO of TAG Group, a huge player in luxury aviation and motorsports. Ojjeh, whose fortune stands at nearly $2 billion, invested millions in McLaren Technology and was instrumental in founding the McLaren Formula One team.

See the rest of the story at INSIDER
Source: http://www.thisisinsider.com/exclusive-events-where-youre-likely-to-spot-a-billionaire-2017-4

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