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When the rich splurge

This holiday season, spending by the ultrawealthy is expected to grow by almost 4 percent, averaging about $3,400 per household.

But gift-giving by the elite is not just about fabulous jewelry or flashy gadgets but about experiences, travel and enjoyment.

Click ahead to see some Very Impressive Presents.

By Amanda Weindel
Posted 19 Dec. 2013

Image source: Tooga | Stone | Getty Images