The richest people in the world pay everyone from nannies to chefs to keep their household running smoothly - and it can cost millions of dollars a year
Dan Kitwood/Getty Images
Whether you run a company or a household, time is often your most valuable resource.
For those who can afford to, hiring help - from assistants to nannies to chauffeurs - can make life a lot easier.
Business Insider spoke with David Youdovin, the founder and CEO of Hire Society, a recruitment firm that helps high-net-worth individuals and families in New York City, the Hamptons, and Palm Beach, staff their homes and businesses.
"The vast majority of our clients are the .01% - they have multiple homes, domestic aircraft, and several members of domestic staff," said Youdovin, who worked as a butler and estate manager for a billionaire family before founding Hire Society in 2012.
"There's major altruism in putting good people to work with these families," Youdovin said. "These salaries can be life-changing, especially for people not originally from the United States."
Below, Youdovin provided us with a list of the most common positions wealthy families are looking to hire for, and how much they pay annually. Youdovin says the salaries range based on previous experience and references.
- I quit McKinsey after 1.5 years. I was making over $200k but my mental health was shattered.
- Some Tesla factory workers realized they were laid off when security scanned their badges and sent them back on shuttles, sources say
- I tutor the children of some of Dubai's richest people. One of them paid me $3,000 to do his homework.
- Top 10 Must-visit places in Kashmir in 2024
- The Psychology of Impulse Buying
- Indo-Gangetic Plains, home to half the Indian population, to soon become hotspot of extreme climate events: study
- 7 Vegetables you shouldn’t peel before eating to get the most nutrients
- Gut check: 10 High-fiber foods to add to your diet to support digestive balance