Scribner shares four things rich people spend too much money on and what we can learn from their mistakes. 1. Boats or yachts Have you ever maxed out your credit card on a pair of designer jeans ...

So which experiences, specifically, have the super-rich been buying instead of yachts and Birkin bags ... to sports stars in order to attract more people to company conferences.

Read more: From hiding their mansions on Google Maps to building $500,000 panic rooms, rich people are sparing no expense to keep their lives private and secure While stock ownership is usually ...

Some billionaires, like Elon Musk and Bill Gates, buy private planes to take control of the open skies - others purchase yachts to access the open seas. There aren't too many tech billionaires ...