With rhodium complexes containing hemispherical diphosphite ligands derived from a calixarene skeleton, olefins can be hydroformylated efficiently under solvent‐free conditions. For example, in the hydroformylation of 1‐octene (T = 80 °C, P = 20 bar, olefin:Rh = 200 000:1) one of the catalysts investigated resulted in a TOF of 17290 mol (converted 1‐octene)·mol(Rh)–1·h–1, the regioselectivity towards the linear aldehyde reaching then 97.9 %.