The world's billionaires have so much money it's hard to fathom -- here's how their spending compares to the rest of us

Samir Hussein/Getty ImagesFor the world’s billionaires, a trip to Bali is a drop in the bucket.
  • The world’s billionaires view money differently than the average person – in more ways than one.
  • The typical billionaire could easily afford to spend $US80 million each year, while most Americans earn less than $US60,000.
  • We crunched the numbers and found the value of $US1 for the average American equates to $US1,355 for the typical billionaire.

Billionaires are unfathomably rich in the eyes of the average person.

For the typical billionaire, a massive purchase – think: a brand-new luxury car, a once-in-a-lifetime vacation, or pricey college tuition – is just a drop in the bucket.

The median household income in the US is $US59,039 a year, according to the U.S. Census Bureau. With only about 2,000 billionaires worldwide, it’s difficult for the rest of us to understand the power wielded by a 10-figure net worth.

Business Insider crunched the numbers to see how the spending power of the world’s billionaires and average people compares on a dollar-to-dollar basis.

The median fortune of a Forbes list billionaire is about $US2 billion. A conservative 4% annual withdrawal rate would bring their income to about $US80 million a year.

At that rate, the value of $US1 to the average person is the same as $US1,355 to a billionaire. That means the stomach pinch you feel when you drop $US100 on something is how a billionaire feels when they spend $US135,500.

Below, check out the real cost of 12 purchases, and the relative “cost” for someone with a $US2 billion fortune.

Dinner for two at Masa in NYC

Noam Galai/Getty Images for NYCWFF

Actual cost: $US1,190

Relative cost: $US0.88

Trip to Bali (per person, including flights and hotels)

Actual cost: $US1,500

Relative cost: $US1.11

One week in a suite at the Bellagio in Las Vegas

Joseph Sohm/Shutterstock

Actual cost: $US3,360

Relative cost: $US2.48

Annual average household food spend in the US

Scott Olson/Getty Images

Actual cost:$US7,203

Relative cost:$US5.32

First class, roundtrip ticket (Etihad Airways, NYC to Sydney, Australia)

Photo: Gustavo Caballero/Getty Images

Actual cost:$US24,017

Relative cost:$US17.72

Annual rent for a Manhattan apartment ($US3,400/month)

Sarah Jacobs

Actual cost:$US40,800

Relative cost:$US30.11

Down payment on a $US256,000 house (US median home price)

Justin Sullivan / Getty Images

Actual cost:$US51,200

Relative cost:$US37.78

One year at Harvard (including tuition, room/board, and fees)

Actual cost:$US63,025

Relative cost:$US46.51

Private jet rental (roundtrip, cross-country flight)

Actual cost:$US90,000

Relative cost:$US66.42

New, fully-loaded Range Rover

Jaguar Land Rover

Actual cost:$US104,850

Relative cost:$US77.38

New Tesla Model X P100D with Ludicrous Mode

Justin Sullivan/Getty Images

Actual cost:$US140,000

Relative cost:$US103.32

Down payment on $US3.5 million mansion in Malibu, California

Altitude Images/Shutterstock

Actual cost:$US699,300

Relative cost:$US516.07

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