Calling all the millionaire shortbread fans! You'll love this Homemade Billionaire’s Hot Chocolate, a luxurious drink that's like Christmas in a mug!

Table of contents
A mug of hot chocolate poured on three layers of buttery shortbread, gooey caramel and silky chocolate. All these yummy ingredients make this drink extra special. There is no doubt these winters warmer drinks are incredibly delicious and hard to resist.
This version is inspired by Costa, a popular coffee chain in the UK. A couple of years back, they launched this Billionaire's hot chocolate and Billionaire's latte on their Christmas menu. Since, I've seen McDonalds and Caffe Nero jump on the trend too.
Enjoy this comforting warm mug of hot chocolate on a cold snowy evening. My recipe shows you how easily you can duplicate the taste of famous brands at home in an inexpensive way.
During the cold and freezing weather, I and my family love cosying up with festive Christmas drinks. A creamy, eggless eggnog becomes our go-to treat, capturing the holiday spirit in every sip. For coffee lovers, an eggnog latte adds a warm and comforting twist to chilly mornings.

Ingredients notes
Hot chocolate powder or grated chocolate flakes
Milk - I'm using whole milk in this recipe, however semi skimmed or skimmed works too.
Caramel - I've used homemade caramel, you can use store-bought one and that is easily available in the stores.
Shortbread biscuits - homemade or storebought.
Cream - fresh whipped cream or squirty cream.
Serving Suggestions
Christmas hot chocolate is a cosy, comforting drink, and pairing it with the right treats can elevate the experience. Here are some ideas for accompaniments:
Sweet Treats
- Chocolate chip cookies
- Shortbread cookies
- Biscotti for dipping
- Croissants (plain, almond, or chocolate-filled)
- Cinnamon rolls
- Donuts or donut holes
- Brownies or blondies
- Pound cake slices
- A slice of rich vanilla or chocolate cake
- whipped cream-topped waffles

As always if you make this recipe, be sure to leave me a comment, rate this recipe and tag me on Instagram @jcookingodyssey or #jcookingodyssey. I love seeing all your photos of my recipe recreations!
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Homemade Billionaire's Christmas Hot Chocolate
Equipment
- 1 Saucepan
Ingredients
- 2 tablespoon hot chocolate powder or grated chocolate flakes
- ¾ cup full fat milk
- 3 tablespoon shortbread crumbs
- 3 tablespoon caramel
- 2 tablespoon whipped cream
Garnish (optional)
- 1 teaspoon chocolate shavings
- ½ teaspoon shorbread crumbs
Instructions
- First, in a serving mug first, add shortbread crumbs and press it down with the spoon.
- On top of that pour caramel and let it sit for 5-10 minutes.
- Heat the milk in a saucepan on medium heat and bring it to boil.
- Add hot chocolate powder or chocolate and mix it well.
- Once the hot chocolate milk is ready, pour over the set caramel.
- Quickly top with whipped cream and sprinkle shortbread crumbs and chocolate
- Serve immediately.
Nutrition
PLEASE NOTE: Nutritional values are estimated by a computer and may vary based on ingredients and portion sizes. For personalised dietary advice, please consult a qualified healthcare professional.
Share on Facebook Pin This RecipeNote – This recipe has been updated from our recipe archives with new images and content, but the recipe remains the same. First published in December 2017.





Melanie varey says
Such an indulgent treat! Perfect for a cosy night in.
Mayuri Patel says
Such a tempting, hot and comforting drink.. so festive. If by the time I come to UK and its not on Costa menu then I know where to come for it Jagruti 😉
mildly indian says
Fabulous recipe and beautiful pictures.
Unknown says
Amazing.
Unknown says
What fabulous click 😍
This is so prefect for this weather.
cookingwithsapana says
This looks so sinful hot chocolate drink. I am just loving the pictures and scrolling up and down. It is perfect for post Christmas dinner sweet treat.
jayashree says
This is really treacherous, only virtual treat! Nice one Jagruti
Nivedita Thadani says
This is called the HEAVEN'S DRINK Jagruti, ready to do any sin to have this ;-( wow!! very new to me, and the name itself says the whole story. Thank you for this wonderful recipe. Will try to try this soon.
Lathiya says
Never had this but from the ingredients I can see why it is called billionaire's hot chocolate... looks absolute delicious
Vidya Narayan says
Absolutely delicious, comforting and so decadent! Beautiful images!
Rafeeda AR says
The pictures of this drink is really amazing! Each time I also go to the coffee outlets I like trying their new variety, sometimes it is good, sometimes bad... hehe... this one sounds rich and delicious too...
Anonymous says
Beautiful drink.. I love chocolate milk.. will surely try for my little one...