The 10 most expensive hobbies in the world – You need to see #1! (With Pictures)

3. 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.

Sure, it’d be fun to race a world-class yacht at ridiculous speeds, but we’ll just play it safe and relax on a snazzy stationary yacht instead, leaving the actual racing to the Bill Gates-types of the world.