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
Ferrari's Winter Driving Experience, a $11,300 weekend getaway in Colorado is the perfect gift for the supercar enthusiast.
The recipient will fly from Aspen to Steamboat Springs to participate in ice and snow exercises aimed at honing driving skills in dangerous winter conditions.
The catch: Ownership of a Ferrari is required.
This 27-day trek from Extraordinary Journeys promises a once-in-a-lifetime adventure.
Travelers will observe gorillas in their habitat in Rwanda, view migrating game in the Serengeti, and explore Victoria Falls and South Africa's Winelands, among other extraordinary experiences.
Considering the scope and luxury of this trip, the $1 million price tag for a family of four may not be so unrealistic.
A private jet seems a steal at $750,000, and this 1980 Gulfstream GIII can seat up to 12 comfortably, making the math even more attractive.
Hardly an average yacht, the "Regina" was featured in the 2012 James Bond film, "Skyfall."
It's 183 feet long, accommodates up to 12 guests and includes a formal dining room with a grand piano. Chartering the "Regina" to, say, tour the Greek islands is $13,000 a day.
Correction: The item has been revised to correct the length of yacht.
Named "The Incomparable," this truly one-of-a-kind necklace features 90 white diamonds (with a total weight of almost 230 carats) and a 407-carat flawless yellow-diamond pendant.
The piece, from luxury jeweler Mouawad, is priced at $60 million.
For the young or simply the young at heart, there is a Mulvany & Rogers dollhouse. This $57,760 childhood classic has polished wood floors, gilded paneling and a hand-painted mural.
Alas, like most houses these days, it's unfurnished.
The wealthy continue to consider watches a good investment.
The Patek Philippe Reference 5101 takes it another step with a tour of the watchmaking facility and a Champagne toast with the company's president—all for just $395,000.
Billionaires love to throw parties—the more indulgent, the better, and a party package from Esterman talent agency will deliver.
For $350,000, it can have pop singer Selena Gomez and "Dancing with the Stars" ballroom dancer Mark Ballas perform at the event, ensuring that attendees will be moving and grooving into the wee hours.
Michter's Celebration Limited-Edition Sour Mash Whiskey is no ordinary bottle of spirits.
To create it, the master took whiskey from his favorite barrels—some more than 30 years old. The Louisville, Ky., distillery produced only 273 bottles were produced, each of which will set you back $4,000.