Monte Carlo, the Principality of Monaco

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When it comes to travel places for the rich, none really come to mind quite like the beautiful principality of Monaco. Located in the French Riviera, Monte Carlo and in fact the entire principality of Monaco play home to some of Europe's wealthiest residents, as well as play host to multi-million and billionaire tycoons. And why not? Monaco levies no income tax on individuals, hosts the legendary Monaco Grand Prix every year, houses some of the worlds most famous casinos and its' residents enjoy the longest average lifespan on the planet. Certainly they must be doing something right.

Aspen, Colorado

Steve Jobs predicts the future at IDCA in Aspen (1983) AUDIO

One of the more famous travel spots for rich Europeans and Americans, Aspen is even expensive to fly to from inside its own country as it is located in a very remote area of the Rocky Mountains. When it comes to beautiful looking cities, I don't think anyone would put up much of a fight to name Aspen as a front-runner. Vacationers who enjoy skiing or just pretending they do love Aspen's world-class slopes, bountiful 5-start dining selections, hundreds of designer and boutique shops and gorgeous hotels. In a city here the median sale price of a home is $4.6 million (the highest in the nation), Aspen even makes some one-percenters feel poor.

Saint-Tropez, France

Saint Tropez | NSS Riviera Holidays

Welcome to France, where naturist beaches and good wind-surfing sometime go hand-in-hand. Saint-Tropez has been a wealthy travel destination for a long time and hosts a large regatta every September where yachts as long as half a football field grace the shores for the event. When it comes to beaches and yachting, the rich can't ask for anything more out of Saint-Tropez, France. Plus, I believe a Russian rapper raps about the city in one of his songs.

Santa Catalina Island, California

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I know what you all are thinking. And yes, it is the same Catalina that is featured in the movie Step Brothers. And yes, they do have plenty of wine mixers I'm sure. Off the coast of Los Angeles in the Gulf State of Santa Catalina lies a 22 by 8 mile island that is often overlooked by many but still gets its fair share of tourists (close to 1 million annually). Catalina has become a bit more of a family vacation spot in the past decade or so but it's still no Bahamas. Not to diss Bahamas, but we all know that if the Olsen twins shoot a movie there it probably is not the most exclusive place anymore. The rich want seclusion oftentimes and Catalina offers that, world-class yachting and gorgeous ocean views.

Bora Bora, French Polynesia

Bora Bora | Ruth Kennedy

Bora Bora is one of, if not the most, beautiful travel destination in the world. If that wasn't enough, it boasts nearly flawless weather and impeccably luxurious water-centered resorts that essentially float directly about the crystal clear blue water. During certain times of the year, Bora Bora sees thousands of honey-mooning couples, but that doesn't mean the rich can't enjoy themselves too. There is no better place to scuba dive, snorkel, boat or fish than this gem in Tahiti.

The Hampton's, New York

HOUSE OF THE DAY: A $58 Million Waterfront Estate In The Hamptons  Read more:

"Where do you summer?" Well, The Hampton's is one of the favorite travel places for the rich in the Northeast because of the great boating weather, wonderfully decitant restaraunts and boutiques, and of course the proximity to New York City. Located on the southern tip of Long Island, the traditional old-money upper-class family is often depicted living or vacationing here in novels and movies, and it is not that far off. Nowadays however, new money like artists, actors, and Wall Street executives have found their way across the water. Ferries offer quick commuting from Connecticut and New York City for that weekend or summer getaway. When thinking about travel vacation places for the rich, The Hampton's cannot be left out.

St. Moritz, Switzerland

Carlton Hotel St. Moritz

This might be the unknown travel place on the list for many of you, but if you keep up with sports at all then you might know that this ski resort (one of the world's most expensive) played host to both the 1928 and 1948 Winter Olympics. A popular destination for the international Jet Set and upper class, St. Moritz sees 300 days of sun each year making it a very popular travel place all year round. The rich love their hotels and resorts and St. Moritz offers both in 5-star style. Many famous distance runners and cyclists train in the city during the summer months, as the altitude is one of the highest in all of Europe.

Saint Barthelemy, Caribbean

St. Barts Vacation Guide

You can't make a list of top travel places for the rich without including French owned St. Barth's, one of the most scenic and beautiful islands in the Caribbean. The island offers great yachting and hiking with a relaxing environment influenced by its French culture. Sailing to neighboring St. Kitt's and the other Caribbean islands is a breeze away.

You may be asking yourself why a specific city is not included in this list and for that reason I have given a consolation prize to the following vacation destinations:

- Gstaad, Switzerland

- Ibiza, Spain

- Telluride, Colorado

As you may know from my other articles, if you have any questions or concerns please contact me or comment on this article and I will get back to you as quickly as I can. I have listed a few other articles that I think you might enjoy below:

- Top 10 Wealthiest Illinois Suburbs of Chicago

- Top 10 Wealthiest Cities in the Midwest (With a Population Over 50,000)

- What is Net Worth? The Real Way to Calculate It

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