Wealthy people are often associated with business and negotiation, but their hobbies reveal another side of their lives – creativity, self-expression and personal fulfillment. Hobbies help them find balance, inspiration and joy beyond professional accomplishments.

For the wealthy, hobbies are more than just recreation. They are activities that provide purpose, a sense of belonging to a community of like-minded people, or an opportunity to do good.

This piece explores the eight wealthiest people’s hobbies that reveal their inner passions and strategic motivations.

Philanthropy

According to WealthX’s 2023 report, philanthropy is essential to the lives of wealthy people, especially those who have inherited their wealth. This category uses wealth to create a positive legacy.

An example is Ruth Gottesman, who channeled her husband’s inheritance, former billionaire David Gottesman, to pay tuition for students at Albert Einstein College of Medicine in New York City. This helped many students avoid debt.

Gambling

Many famous actors and sports stars love to gamble. Among them are billionaires Cristiano Ronaldo and Michael Jordan. Many of them visit land-based casinos. After all, the largest casinos in the world can attract the richest players with a variety of entertainment. But sometimes, there is no time for such entertainment, and the iGaming industry comes to the rescue. In this case, stars and billionaires are similar to ordinary people who play in online casinos. Statistics show that the most popular games are slots, arcades, and roulette. 

To start playing, you need to pick up your phone and find the most popular casinos from the top of the search engine. The most significant number of games is available at Melbet, as evidenced by the numerous positive reviews. To start playing, you need to go to the Melbet registration site and create an account. The registration and deposit process takes less than a minute—many rich and famous people undoubtedly like such simplicity.

The US president-elect, Donald Trump, is also associated with the casino. He recently visited Las Vegas, although he did not play in a casino. This bright businessman owns a popular brand in the gambling market. However, he must abandon his business after moving to the Oval Office.

Golf

Sports play an important role in the lives of rich people. They help relieve stress and maintain health. For example, golfing and yachting provide not only physical activity but also opportunities for socializing. Golf is one of the most popular sports for rich people.

Many celebrities play golf. Thus, the most titled swimmer in the world, Michael Phelps, is a fan of this game. Musicians Adam Levine and Justin Bieber can be counted among golf lovers.

Collecting

The rich collect art, books, cars, and even historical artefacts. For example, Sultan Hassanal Bolkiah owns the most extensive car collection in the world – 7,000 vehicles.