Ibiza, Spain – A Billionaire’s Playground – Money Pacers
Ibiza, Spain – A Billionaire’s Playground

Ibiza, Spain – A Billionaire’s Playground

Travel (MP) Ibiza, Spain is located in the Balearic waters of the Mediterranean Sea. Situated off the East Coast of Spain and ten times the size of Manhattan, Ibiza Island is truly a billionaires playground and vacation home to some of the most wealthy people on the planet.

On a beautiful day in June, you’ll see so many yachts docked at the Marina Ibiza it’s no wonder the place is called Billionaires Island. Ibiza (pronounced ee-bee-tha) boast an energetic nightlife scene within its Town and Sant Antoni, where major European nightclubs open locations just for summer. You’ll definitely hob-knob with the rich and famous in Ibiza quiet villages. Expect to run into the likes of Lindsay Lohan, Justin Bieber, Sean Diddy Combs or Leonardo DiCaprio on any given summer night. Plus Supermodel Naomi Campbell ex, Russian billionaire lover Vladimir Doronin owns several villas and parks a yacht there.

Yoga retreats and beaches, from Platja d’en Bossa, lined with hotels, bars, and shops, to quieter sandy coves backed by pine-clad hills can be found all around the coastline. This island is truly amazing. From its super hot nightlife to luxury high-end villas to its superyacht-ing billionaires to Royalty like Princess Beatrice, Spain’s sexy little island Ibiza has it all.

Ibiza Spain History

The Balearic Islands were formed by the islands of Mallorca, Menorca, Ibiza, and Formentera, have hosted many civilizations throughout their history. From greek and Phoenician invasions and their later commercial activities through the then roman domination of the Mediterranean which led to them invading and conquering the islands in 123 a.c. While it is one-sixth the size of nearby Majorca, Ibiza is over five times the size of Mykonos (Greece) or ten times the size of Manhattan Island. Ibiza has become famous for the association with nightlife and the electronic music that originated on the island. It is well-known for its summer club scene which attracts very large numbers of tourists, though the island’s government and Tourist Office have controversially been working to promote more family-oriented tourism.

Ibiza, Spain - A Billionaires Playground
Justin Bieber rides jet-ski in Ibiza

When to go

Ibiza boasts Mediterranean weather, with mild winters and hot summers. From May to October the weather is hot, humid and sunny , at nighttime expect all the anything (but the sun) as well. These hot sunny months tend to also be the peak of the tourist season. During the summer months, storms on Ibiza are quite unusual, although there could be the odd downpour because of the high levels of humidity in the atmosphere.

Away from the hottest months of July and August, all the Balearics are good for activity holidays, whether easy or more challenging, with lots to see if you are interested in plants or birds. Sunshine is not guaranteed, however, and you could hit a rainy patch in late autumn.

Ibiza, Spain - A Billionaires Playground
Nightlife in bubbles at the Billionaires Club.

Where to go

For a week of untamed partying, stay in the lively resorts of Playa d’en Bossa or San Antonio in Ibiza Spain. Santa Eulalia is a bit more laid back with lots of waterfront bars and restaurants and good shops. For the right cultural fix, enjoy the hilltop Dalt Vila in Ibiza Town, then slide into a pavement café to absorb the boho vibe. Both coast and countryside are beautiful in spring and autumn when you want to get a more natural high with a walking or cycling holiday. For nightlife, Ibiza boasts more than 77 nightclubs One the foremost prestigious is the Billionaire Club conceived in 1998 by Flavio Briatore. His club is famous worldwide and also a favorite with the International jet set.

Ibiza, Spain - A Billionaires Playground
Although, packed in summers privacy can be found

Before you go

Throughout Spain, local prefixes must be used when making phone calls. You have to dial the 971 Balearics prefix wherever you are in the islands. Travel with a couple of photocopies of your Medical insurance Card and passport, as you will need them for any significant care.

Ibiza, Spain - A Billionaires Playground
Art collector Friedrich Christian ”Mick” Flick’s house in Ibiza – 12 million.

Things to know about Ibiza Spain

⇒You must carry your passport with you by law.

⇒You frequently must show your passport when paying by debit or credit card.

⇒If driving, you must have two warning triangles, two reflective bibs, a spare tire and spare headlamp bulbs. Children under 12 years of age are only allowed in the front seat with approved safety belts.

⇒It’s not usual to share tables, even in fast-food joints.

⇒Anyone you are introduced to by friends may wish to kiss you on both cheeks, but this does not apply to hotel staff, etc.

⇒Lunch happens from 2 pm, dinner from 9 pm at the very earliest, though 10 pm is the norm though you can eat when you like in resorts.

⇒Most bars won’t mind if you go in just to use the toilet.

⇒Although they really like a drink, it is rare to see Spaniards rolling⇒ drunk in public.

⇒It’s a bit cheaper to have drinks at the bar instead of sitting at a table, and sitting outside will often cost about an extra dollar or two.

⇒Locals usually leave very small tips – just odd change for drinks and snacks, and often nothing at all. A 10 percent tip for a meal is considered generous and 5 per cent is more the norm.

⇒If breakfast is not included in your hotel rate, it is much cheaper and more fun to go to a bar – unless you are starving and can make the most of the buffet.

⇒Probably the biggest threat in Ibiza (like every other popular destination) is by bag snatchers and pickpockets, when at the beach, be sure you keep your possessions in sight.

Don Briscoe
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Don Briscoe

Finance educator, advisor, and leading voice in the global financial literacy movement.Founder and editor of MoneyPacers.com.He lives and enjoys life with his family in New York.
Don Briscoe
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