Owning a yacht,Jet Boat or private jet is a costly affair. It costs tens of millions of dollars. It ranges from $3 million to $90 million. You can also buy secondhand. They are cheaper but still cost millions of dollars.

It would be better to think about net worth requirements after you've decided that you can live with the operating costs. You should also be able to afford the cost of maintenance, which includes hanger costs, hiring staff to operate and maintain it. People that own small private jets spend $500,000 per year on operating costs. Which is why more and more people are renting a private plane or a yacht.

Renting these allow luxury travelers to experience the benefits without heavy membership fees or the ongoing costs of ownership. Operators and charter brokers offer different levels of access to private planes and boats.