Investments for the Super Rich

If you’ve got more money than you know what to do with, don’t just let it burn a hole in your pocket. Invest it! As a very wealthy person, you’ll have access to investment opportunities others could never even dream of; we’ll detail some of the best and most elite choices below. And, even if you’re not rich just yet, you can still read on to give yourself something to strive for!  

Elite Investment #1: A Professional Sports Team

It might sound kind of crazy, but did you know you can actually buy a pro sports team? The New York Yankees are reportedly going for $2.5 billion right now! While buying teams such as the Yankees or the Cowboys might be a little too elite for most, minor league teams and other somewhat well-known teams can be a good investment that won’t suck nearly as much as your funds.

Elite Investment #2: A Ritzy Restaurant

If you really want to spend (and make!) some money, invest in a fancy restaurant or start up your own. Restaurants that become or that are already super popular can bring in millions, especially if they cater to big celebrities and are a part of the “hot list.” If you’re not quite ready to buy up a celebrity-approved restaurant, though, you can always become a franchise owner of a fast food establishment or casual dining restaurant. This option requires a smaller investment upfront and can still net you a pretty good profit.

Elite Investment #3: Diamonds

Another smart investment for the wealthy is colored diamonds. Blue, pink, and yellow diamonds can draw exceptionally high prices at auctions and through private buyers. These rare jewels can rake in $20 million or more, easily. Other, cheaper precious jewels can also make a good investment for the wealthy, but for a truly large profit, diamonds are where it’s at.

Don’t be discouraged if you don’t have the money to embark on these types of investments; few people do. However, you should be finding investments that work for you and your budget. After all, investing is smart for everyone, not just the super rich. To find investment options that are right for you, check with an investment advisor in your area; you’ll be surprised at just how much you can do with your money...and at how much it can do for you!