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Wealth gives you access to many things, but it cannot buy everything. Some privileges require more than money. Sometimes it’s about being in the right place at the right time, or situations where your family ties are more important than your bank accounts. Here are five things that are difficult to do even if you are considered rich.
Becoming a member of Augusta National Golf Club
Augusta National Golf Clubhosts the Masters tournament. High-profile people who want to participate in this tournament, which is a favorite of the rich, flock to Georgia in the first week of April. The club has a secret membership list of approximately 300 people. You can’t just apply and pay for membership. You can only become a member by invitation and you can only join when an existing member leaves or dies. Bloomberg reported in 2015 that billionaires Warren Buffett, Bill Gates and Stanley Druckenmiller were members of the club.
Buying an apartment at River House
On a cul-de-sac overlooking New York’s East River stands a nearly 100-year-old building where privacy is a top priority and a strict board reviews applications. The 26-story art-deco River House is considered one of the most exclusive places to live in New York.
“With its old-world charm, River House is one of the most famous and discreet buildings in the city. It is a tradition among staff and apartment owners to maintain the privacy of the building,” reads its description on StreetEasy. Because it is a cooperative building, residents collectively own the building and share responsibilities. One of these duties is to approve or reject those who want to buy an apartment in the building.
Getting into the building is not as simple as having money. So much so that Richard Nixon, Joan Crawford and Diane Keaton were reportedly denied admission to the building. Some famous residents of the building include Uma Thurman and Henry Kissinger.
Buying a new Hermès Birkin bag
The Hermès Birkin bag is a status symbol among the wealthy and fashionistas. Depending on the size, color and material of the bag, a brand new bag can cost five to six figures. But don’t expect to walk into a store, buy one and walk out. Hermès experts say that before a potential buyer can buy a Birkin, he or she must first shop other products in the brand’s catalog for a while.
Experts, Birkin He says there is no specific limit you have to spend before getting a phone that you can buy the bag. It’s mostly a waiting game that depends on when a bag that suits your preferences becomes available and how in-demand that bag is.
Booking a table at Rao’s restaurant in New York
Rao’s, a family-owned business, consists of several restaurants spread across major cities in the United States. Its original location in New York is one of the hardest to get reservations. Rao’s is already booked for the remainder of 2024. It’s not because this is a star-studded venue. There are only 10 tables, and they belong to people whom Rao’s co-owner Frank Pellegrino Jr. considers family. These guests are given “table rights” on certain nights, and reservations are passed down from generation to generation.
Pellegrino in 2020 Town and Country’“There are weekly, bi-weekly, monthly and quarterly periods, so I see all my clients every three months. Now I take care of their children and grandchildren,” he told .
Those who have table rights can lend their tables to friends for a night or donate them to charity auctions. According to a report published by the New York Times last year, some people who want to come to the restaurant want to secure their tables by bidding hundreds of dollars on third-party reservation apps.
Buying Cartier’s Cheich watch
According to Forbes, Cartier produced only four unique models of the Cheich watch. One of them broke a record by selling for 1.1 million dollars at auction in 2022.
It was first created in the 1980s as a reward for the person who completed the Cartier marathon by winning two consecutive 10-kilometer Paris-Dakar races. Motorcycle racer Gaston Rahier was the first and only person to complete this task in 1984 and 1985. Sotheby’s listing from 2022 states that the watch has been ‘shrouded in mystery’ ever since. One of the four models produced was considered lost, while the other two remained in Cartier’s collection. Production of the watch ended in 1986.
