Meet the rich and powerful people who live on 'Billionaire Lane' in the Hamptons

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Meadow lane property

Courtesy of Saunders

This Meadow Lane property is on the market for $49 million.

Owning a big apartment in New York City is great, but having a mansion in the Hamptons is a privilege only the 1% of the 1% can enjoy.

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And there may be no more exclusive place to own an East End home than Southampton's Meadow Lane, which Forbes once dubbed "Billionaire Lane."

Take a look at some of the most exclusive properties and their billionaire owners, below:

Megan Willett contributed reporting to an earlier version of this story.