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I went to two of the Mediterranean party capitals beloved by billionaires and island-hoppers alike, and the winner is clear

Harrison Jacobs   

I went to two of the Mediterranean party capitals beloved by billionaires and island-hoppers alike, and the winner is clear

Greece Mykonos Santorini Travel Billionaires Islands (18 of 44)

Harrison Jacobs/Business Insider

Mykonos is overcrowded and overpriced.

  • The Greek island of Mykonos is known as a party capital and is a vacation hot spot for millionaires and billionaires.
  • Ibiza, Spain, has a reputation as one of the top places to party in the world, with thumping 24-hour clubs, wild pool parties, and gorgeous beaches.
  • I recently visited both and decided to compare my experiences, as many travelers choose between those islands for their vacation.
  • While Mykonos is no doubt stunning, from its beaches to its resorts, I found it to be overpriced and overcrowded when I visited over the summer. Ibiza, on the other hand, felt accessible at different price points and relatively easy to book and enjoy, even in peak season.

If you are looking for a 24-hour party, Mediterranean beaches, and a place to vacation like the rich and famous, there are probably two destinations that come to mind: Mykonos, Greece and Ibiza, Spain.

While Ibiza has long been a party capital of the world, thanks to its association with thumping house music and super DJs like David Guetta, Mykonos is the up-and-comer.

Over the past several years, the number of international arrivals to Mykonos has nearly doubled, as the cool rich kids and their freshly scrubbed yachts, superyachts, and mega yachts have taken to the Greek isle's inviting waters. Hundreds of thousands of vacationers have followed suit.

I had own expectations before visiting each island. In both cases, I expected to find a bifurcated paradise divided between the world's wealthy and famous having a private ball and crowds of vacationers, hard-partying dance-music junkies, and cruise-shippers peeking in for a glance.

While such a dynamic is present on both Ibiza and Mykonos, I found the two islands to be drastically different in temperaments, options, scenery, and vibe. With this in mind, I decided to compare my experiences of visiting Ibiza and Mykonos to see which is the better place to visit for most travelers.

Here's how they stack up:

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