You’ve been in this aisle at Target for twenty minutes, and there’s one thing on your mind - Which pack of cards to choose?
This was a common problem for many growing up if you were an avid baseball card collector. You probably had somewhere around $5 to spend on baseball card packs, and there was a limited amount of time to decide which pack of cards to get. As stressful as these decisions were, it was all worth it when you got home, ripped open those packs and gazed upon your new cards.
We all had hobbies growing up. Maybe you collected baseball cards, read comic books, collected stamps or played sports. As a kid, you have ample leisure time so you find creative and inexpensive ways to entertain yourself.
We still have hobbies as adults, but freedom and access to money have changed our perception of what’s fun to do in our free time. Instead of playing with action figures, you might play video games on the latest gaming system. Instead of running around outside, you may travel the world and visit a new country every year. Remember when you had a ship-in-a-bottle collection? Now, you take your boat out for a joy ride on the lake.
You don’t have to spend a lot of money to enjoy a hobby. However, wealthy people have access to some incredible activities that you maybe didn’t know someone could do. Unfortunately, some of us may have to wait to win the lottery in order to partake but hey, at least we can read about them. Here are ten of the most expensive hobbies in the world.
8 RC Airplanes
Cost: $700 and over.
Building a remote control airplane has everything you want in a hobby. It’s challenging and takes a lot of creativity to build the plane, but being able to fly it successfully is extremely satisfying. You’re going to have to save some money if you want to get into this hobby.
7 Traveling The World
Cost: $20,000 - $30,000 per year
For some people, their hobby consists of visiting the local park. For others, their hobby is traveling to a different continent. Must be nice, right?
Traveling can be quite pricey, and most people don’t have the luxury of being able to drop everything they’re doing in their lives and spend an ample amount of time on the road. For some people it can cost less to travel year round than to live at home.
6 Car Racing
Cost: $10,000 - $100,000
Rev your engine, honk your horn and get ready to spend a whole lot of money. You’re going to need it if you want car racing to be a serious hobby.
Cost: $21,000 to $206,000
Have you ever wanted to just hop in an airplane and in a few hours be anywhere in the world? You can, if you learn how to fly.
Although aviation is a full-time job for many, it’s a popular hobby for others. It can cost around $7,000 for lessons to get a private pilot rating, which allows you and your family to fly anywhere in the world in a single engine plane. However, if you plan to fly extremely long distances on a regular basis, you might want to gain additional ratings and learn to fly something a little sleeker (and faster) — like a small jet.
After you are done with lessons, you can buy a quality airplane for as cheap as $15,000, and as much as $200,000.
5 Ballroom Dancing
Cost: $30,000 - $100,000 per year.
You’re going to have to shell out the big bucks if you want to live out your dream of being on Dancing with the Stars, not to mention you’ll have to get some starring role in a movie or TV show — or become a Kardashian.
Ballroom dancing is an intense performance art that combines physical movements and emotional storytelling. Learning how to ballroom dance isn’t too costly, since private lessons cost $50-$200.
Cost: $150 - $250 per minute.
Skydiving is a once-in-a-lifetime bucket list experience for most people, so the price is often worth it. The adrenaline rush of jumping out of an airplane is indescribable. For those who make it a hobby, though, it can get quite expensive.
3 Exotic Pets
Cost: $150,000 and over
Apparently, it’s no longer acceptable to be rich and have a dog. If you’re in the public eye, you have to have a pet cheetah, octopus or maybe a monkey.
Exotic pets seem to be all the rage with celebrities. Nicolas Cage bought a pet octopus for $150,000 to become a better actor by studying other life — so don’t be surprised to see Cage exclusively star in underwater dramas.
2 Yacht Racing
Cost: $8 million - $10 million
You know someone is rich when they own a yacht but you know they’re especially rich when they race their yacht with the possibility of it crashing.
Yacht racing is a popular hobby among billionaires. It costs about $8 to $10 million to build a yacht that’s racing ready. This doesn’t include the cost of labor to build, maintain and steer the yacht, either. People also normally build two yachts in case one of them crashes, so it’s safe to double the cost.
Cost: $16 million.
The vehicle that someone drives tells you a lot about who they are as a person and what they value. Do they prefer safety, thriftiness or luxury?
Now, if the car they drive tells you who they are as a person, what about the cars they collect?
Many things in the automotive industry are hobbies for people. That’s why car shows and car magazines are so insanely popular. The craft and model of a car is considered its own art form, and car lovers can appreciate this.
1 Art Collecting
Cost: $300 million.
We’ve all seen the intense art auction scenes in movies, but do people really spend that much money on a piece of artwork? You bet they do.
Just like any of these hobbies, the cost can change dramatically based on your budget. For example, you could buy some artwork from your neighbors’ kids for $5. Congratulations! You’re now an art collector.
But in all seriousness, though, you need a lot of money for a real art collection. The most expensive painting ever sold went for $300 million. That’s a lot of zeroes to hang a framed painting on your wall.
Well, there’s the list of all the dream hobbies of billionaires. We’ll probably just stick to the baseball cards.
Sources: Cnbc.com, Popularmechanics.com, Theverge.com, Mainstreet.com, Generalaviationnews.com, Nerdwallet.com, Airtreks.com, Airfieldmodels.com, Rcgroups.com, Fitness.costhelper.com, Generalaviationnews.com
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