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Most RIDICULOUS Purchases Made by Billionaires
- Published on May 7, 2019
- What do you do when you have all the money in the world? That’s a big question. Let’s take a look at what the billionaires do with their income and just how ridiculous some of these purchases are!
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7. A Fire Ferrari
Last year, someone bought a 1962 Ferrari 250 GTO for $48.4 million at the RM Sotheby’s Auction in Monterey, California. It is the highest price ever paid for a classic car at an auction. RM Sotheby stated that this car was the “holy grail” amongst car collectors. The asking price was $35 million. Chairman of Numerix Software and Ferrari connoisseur Doctor Gregory Whitten sold the car, which he purchased in 2000 for $10 million. Who bought the Ferrari? The new owner’s name has not yet been released.
6. Billy The Kid’s Picture
Billy the Kid was an outlaw during the times of the American Old West. His real name was Henry McCarty. McCarty started on the criminal path at a young age. He lost his parents at 14 years old. His outlaw days first started with theft and then turned into gunfighting before McCarty's passing at the age of 21. There are books, movies, and songs about him, yet there is only one known photo of him that exists. William Koch owns that photo. The American billionaire is a member of the very wealthy Koch family--you might have heard of his brothers, Charles and David. His father, Fred C. Koch, founded the business empire, Koch Industries. Billy Koch loves all things to do with the Old West. He bought the only authenticated photograph of Billy the Kid for $2.3 million.
5. Leonardo Da Vinci’s Journal
Leonardo da Vinci is considered a genius both by artists and engineers. Da Vinci kept notebooks and a diary that documented many of his existing works and attempted one. Owning one of his journals must mean you’re an affluent figure. So, of course, this person would be Bill Gates. He was 58 years old when he stepped down as Microsoft’s Chairman in 2014. Even though he is retired, Gates still has a net worth of $101.5 billion. Gates purchased the 72-page manuscript, known as the Codex Leicester, in 1994 for $30.8 million.
4. The Party Palace Plane
He is a member of the Saudi Royal family. He is also a businessman, philanthropist, and investor. He is Prince Al-Waleed bin Talal, who has a net worth of $15.2 billion. Airbus is one of the two major plane-manufacturing companies. What do you get when you put the two together? A private plane the size of a commercial aircraft--and not just any large aircraft. The Prince bought an Airbus A380, a double-decker plane that has space for his two Rolls Royce cars and his horses. The initial price was $319 million. With all his customizations and upgrades, the Prince spent an additional $500 million.
3. The Preserved Shark
Investor and hedge fund manager Steven A. Cohen is the founder of Point72 Asset Management and S.A.C. Capital Advisors. He has a salary of $2 billion a year and a net worth of $14 billion--as reported in 2018. About $8 million to $12 million of that income is gone because of a shark--a deceased shark. Cohen is now the proud owner of the strangest piece of contemporary art which involves a 14-foot or 4.3-meter tiger shark submerged in a tank of alcohol and formaldehyde. The artwork is titled “The Physical Impossibility of Death in the Mind of Someone Living.”
2. Ellison’s Hawaiian Island
All the way down this list and we haven’t mentioned a billionaire owning an island yet! Well, here it is! Larry Ellison, the co-founder and executive chairman of Oracle Corporation is the owner of Lanai, a Hawaiian Island. The 74-year-old entrepreneur acquired the 140-square-mile or 362.6-square-kilometer piece of land in 2012. It once had the largest pineapple plantation in the world. In 2016, Ellison announced he would be reopening the Four Seasons Resort Lanai to be one of the best hotels in the world.