At a loss for ideas when you go Christmas shopping? Couldn't find what you wanted on Black Friday or Cyber Monday? Just be grateful you won't have to face the bills that the buyers of these gifts had to pay, according to FinancesOnline. But then, they could afford it, unlike most people whose lot does not run to megamansions, uberyachts for jaunts to their private islands or even ventures into outer space, with or without SpaceX. For those of us who try to stick to budgets and maybe even did most of our holiday shopping last January, not in our wildest dreams could we afford to give—or even get close to—any of these gifts, except maybe in a museum. Still, it's fun to dream. And if the visions that dance in your head on Christmas Eve run more to diamonds and rubies than sugarplums, or if your preferred Hanukkah gifts are real gold coins and not the foil-wrapped chocolate ones, you might find some solace in knowing that somewhere, sometime, the following 10 extravagances graced someone's holiday. READ MORE: Wealthy U.S. kids count on inheritance to fund retirement Generational wealth transfer to hit $68 trillion 8 reasons why retirement scares the rich

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.