They also spend their money on things you or I can hardly ever do, such as lavish parties, mansions, yachts, private planes, and luxury goods. Last year alone, billionaire Michael Rubin threw a massive 4th of July white party at his $50 million beachfront mansion. Attendees ranged from Jay-Z to Tom Brady, with impromptu performances from Usher and Ne-Yo. Pizzas were transported from the elite Brooklyn restaurant Lucali, and guests sipped on the ever-expensive Ace of Spade Champagne and Dusse Cognac. It was one of many such private parties that year.
