These are the 10 hottest destinations billionaires are flying to via private jet this summer

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The wealthy are taking their private jets everywhere from Nice to New York City this summer.

  • The ultra-rich are known for their jet-set lifestyle.
  • We teamed up with private jet service XOJET to find the hottest spots billionaires based in America are flying to this summer.
  • On the list: coastal US cities, Caribbean islands, and one European getaway.

The wealthy are all about the jet-set life - especially when heading off to their summer vacations.

But just where are they jetting off to this summer?Advertisement

Turns out, they're mainly heading to coastal cities across the US. Elsewhere, the Caribbean is proving to be a hot spot, as is Nice, France. The latter is a luxury getaway along the French Riviera in its own right - and that's in addition to being the closest airport to glamorous Monaco.

Keep reading to find out the hottest summer spots for wealthy jet-setters in 2019.
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10. Nassau, Bahamas

10. Nassau, Bahamas

The Bahamas are the number-one Caribbean destination wealthy travelers love the most, Business Insider previously reported. Nassau is both the capital and the largest city in the Bahamas.

9. Grand Cayman, Cayman Islands

9. Grand Cayman, Cayman Islands

The Cayman Islands are one of the most popular travel destinations in the Caribbean among the wealthiest 1% and 5% of travelers, according to Bloomberg, citing a report by Resonance Consultancy.

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8. Hamilton, Bermuda

8. Hamilton, Bermuda

With a large number of billionaire residents, Hamilton is in close proximity to the east coast. There's also no income tax, which has made the destination popular among the ultra-rich looking to buy additional real estate for a summer escape, James Henderson, president of commercial operations at XOJET told Business Insider.

7. San Jose, California

7. San Jose, California

San Jose is popular with the "car-loving superrich" in late August, thanks to its proximity to nearby Pebble Beach for the Concours d’Elegance auto show and auctions, Henderson said.

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6. Nantucket, Massachusetts

6. Nantucket, Massachusetts

Nantucket is a top summer destination among the wealthy.

"The elite New England retreat draws wealthy travelers to enjoy its swanky retail, popular restaurants, and pristine windblown beaches," Henderson said.

5. Aspen, Colorado

5. Aspen, Colorado

"A skiing mecca during the winter months, the tony mountain resort town heats up again in June for the Aspen Food & Wine Classic as well the Aspen Ideas Festival, attracting dignitaries from around the world," Henderson said.

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4. Toronto, Canada

4. Toronto, Canada

"With the spike in the luxury real-estate market, it’s no wonder ultra-high-net-worth individuals are flocking to Toronto to check in on their additional real estate and relax during the summer months," Henderson said.

3. Nice, France

3. Nice, France

The French Riviera appeals to the ultra-rich with its fine dining and elaborate hotel accommodations, according to Henderson.

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2. Oakland, California

2. Oakland, California

"Tech moguls fly into the Bay Area for corporate engagements, while wine connoisseurs flock to nearby Napa as August harvest time is popular for those who enjoy the full wine-making experience," Henderson said.

1. New York City

1. New York City

Ultra-high-net-worth individuals are flying into Teterboro just outside the city during the summer months, as they follow the circuit to the ever-popular Hamptons, according to Henderson. The business elite also makes use of the quick access into Manhattan for corporate meetings, he said.

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