So, you think “investment” purchases like an Yves Saint Laurent handbag or a Brunello Cuchinelli suit are big, well check out what some billionaires blew their cash on in 2010….some that just make you want to scratch your head:
- Billionaire Stanley Ho, the casino king of Macau, paid $330,000 on the mushrooms and then not even eating them. According to a truffle expert, the large, aged Italian specimens Ho bought–“grand champions,” in industry parlance–were not even the kind you could eat….
Forbes.com Hong Kong real estate magnate Joseph Lau paid $16.7 million for two antique incense burners that were shaped like cranes (apparently they symbolize longevity in China)at Christie’s
- London jeweler Laurence Graff paid a world-record sum for a gem, spending $46 million at a Geneva auction in November for a rare 24.78-carat pink diamond that was last on the market 60 years ago
Carl Court/AFP/Getty Images American hedge fund billionaire Steven Cohen spent $110 million on Jasper Johns’ famous “Flag” painting, setting a record for most expensive work by a living artist
- Texas pipeline tycoon Kelcy Warren spent $46.5 million in April on the 3,500-acre BootJack Ranch near Telluride, Colo. The estate can house 50 guests, and includes a 12,000-square-foot spa and aquatic center
What exactly will you be spending your inheritance on this year?
Source: Forbes.com
2 Responses
Your blog is awesome. Thank you so much for providing plenty of awesome information. I will bookmark your blog siteand will be without doubt coming back. Once again, I appreciate all your work and also providing a lot great tips for your readers.
Very interesting blog post. Your article is extremely interesting. I liked this post. This blog post is great! I have to say that after continually reading bad as in, same old ideas, little quality content, etc. blog posts on other sites, it’s pleasant to actually read something that has some thought put into it. It’s a pleasure to read well written blog posts, especially after continually seeing rehashed crap that writers and bloggers are putting out nowadays. It’s always nice when I come across content that actually has value, I’ve been seeing a ton of subpar writing attempts lately. Anyhow, thanks again and I’ll check back regularly to see what else you have to offer. I’ll check back in the future to see what else you have up your sleeve. Keep up the high-quality work! BTW, I like your site design, but your header image was only loading half way for me. P.S. Your header is messed up a bit in IE. The problem could be on my end but I thought you might want to look into that.