These are where the world’s wealthiest people spend their holidays

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The super rich live an exclusive and extravagant lifestyle that ordinary people can only imagine. In fact, everything that they put an interest in has a big price tag attached to it – and one perfect example is traveling. Billionaires, celebrities, and heirs to multimillion dollar companies: where do the uber-wealthy spend their lavish vacations?

Here are some of the most favorite travel destinations for billionaires and tycoons.

Caribbean

The Caribbean easily ranks as one of the top places where billionaires travel. Aside from being one of the leading offshore investment centers in the world where high net-worth individuals flock, thousands of idyllic islands surrounding the region boast a genuine and exclusive experience of traveling in paradise. Top islands in the region include The Bahamas, the Cayman Islands, and British Virgin Islands.

The Maldives

The Maldives is major luxury destination among the rich and famous, peppered all over by private island-paradises owned by equally wealthy individuals. This tiny Indian Ocean archipelago has welcomed many wealthy famous celebrities including Michael Phelps, Russell Brand, Katy Perry, and royal couple Prince William & Princess Kate.

Fiji

Fiji is home to over 300 islands located in the South Pacific. This famous travel destination is known for its clear lagoons, a rich abundance of coral reefs, and their mesmerizing rugged landscapes. Most importantly, the destination is popular among tycoons and billionaires who found their second home and bought their own islands.

Laucala Island, for example, is owned by the Australian Red Bull tycoon Dietrich Mateschitz and while it was once a private refuge of the late Malcolm Forbes, it was transformed into an exclusive resort favored by the world’s richest.