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And while much casual billionaire-socializing will be done in passing in Europe in the Mediterranean or in the US in the Hamptons, there will still be a few must-attend events on their calendars over the next few months.
Here's where the uberwealthy will be this summer.
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Allen & Company Sun Valley Forum: July 15-18
Warren Buffett, Chairman and CEO of Berkshire Hathaway, is a regular attendee of the Sun Valley conference.Kevin Dietsch/Getty Images
Olympics: July 26-August 11
The Olympic Games are a favorite for sports-loving billionaires like Bill Gates, seen here in 2008 at the Beijing Games.Tony Marshall - EMPICS/Getty Images
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Burning Man: August 25-September 2
Burning Man has its own pop-up airport for all the billionaires who prefer to charter their way to the festival, built around the ideas of "decommodification" and "leave no trace."Julie Jammot/Getty Images
US Open: August 26-September 8
Jamie Dimon is one of many Wall Street titans who often attends the US Open.Jean Catuffe/Getty Images
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Monaco Yacht Show: September 25-28
The Monaco Yacht Show displays some of the largest — and most expensive — superyachts.VALERY HACHE/Getty Images