Smug reason billionaires are boycotting the Hamptons as they flee to new summer haven | Daily Mail Online

The Hamptons Exodus

Ultra-high-net-worth individuals are abandoning the Hamptons as their summer haven, citing increased crowds, paparazzi attention, and the loss of exclusivity. This shift is driven by the accessibility fueled by social media, making privacy increasingly difficult to maintain.

New Destinations

Instead, they're opting for destinations that offer greater seclusion and privacy. Popular choices include Portugal, offering affordability and English language fluency; Croatia, providing luxurious private villas and yacht charters; and Hawaii, with its sprawling private estates. Other destinations mentioned include France, St. Barths, Cannes, Nantucket, Martha's Vineyard, Fisher Island (Miami), and Kiawah Island (South Carolina).

Reasons for the Shift

• Overcrowding: The Hamptons have become increasingly crowded, with easy access via Jitney rides and social media influencing day trips for a wider population.
• Paparazzi: The influx of people has also attracted paparazzi, compromising the privacy valued by the ultra-rich.
• Loss of Exclusivity: The ease of access has diminished the sense of exclusivity that once characterized the Hamptons.
• Desire for Privacy: High-net-worth individuals are seeking destinations that provide real isolation and security, unavailable in traditional luxury spots.

Expert Opinions

Real estate brokers and luxury travel experts confirm this trend, highlighting the growing demand for secluded accommodations, private services, and enhanced security in these new locations. The rise in social media's impact on privacy is also a major factor cited in the shift away from the Hamptons.