10 Ridiculous Things Billionaires Spend Money On!

10 Ridiculous Things Billionaires Spend Money On!

There are 2,668 Billionaires in the world according to Forbes’ 36th-annual ranking of the planet’s richest people in 2022. They’re worth a collective $12.7 trillion according to Forbes.

Ever wondered how the richest people in the world spend their money? When you have enough money to basically do anything you want, you come up with some pretty crazy ideas.

Even for billionaires, some purchases are splurges. From skyscraper houses to priceless works of art, the world’s elite buy ridiculously expensive things to fuel their passions, showcase their wealth or spend the money just because they can.

Nonetheless, this ridiculous list of things they own is extremely interesting for us.

10 dumbest things billionaires own

1. $43,979 for a haircut

Haji Hassanal Bolkiah, the Sultan of Brunei spent a ridiculous amount on his haircut.

In 2009, swine flu was widely spread, so he spent $18,621 for a private luxury cabin to fly his barber down to ensure that his barber did not mix with other passengers.

2. $2.3 million for a photo

William Koch, brother to the famous Koch brothers — is a third extremely wealthy Koch brother who’s also a big-time buff of Wild West history.

Billy the kid
Billy The Kid – Teenage Outlaw of the Southwest

In 2011, he scooped up the gem of the genre when he paid $2.3 million for the world’s only authenticated photograph of legendary outlaw Billy the Kid.

3. $120 million to ‘turn’ lesbian daughter straight

Hong Kong billionaire, Cecil Chao, offered around $65 million to any man who could turn his lesbian daughter straight in 2012.

After thousands of eligible bachelors failed to change their daughter’s sexual orientation, Chao doubled the reward to $120 million in 2014.

4. $22 million to carve his name

UAE-based billionaire Sheikh Hamad Bin Haman Al Nahyan spent around $22 million carving his name on his private island, in letters so large they could be seen from space.

name of Hamad carved as seen from space

The word ‘HAMAD’ measured 1,000 metres high and was two miles long.

5. Millions of dollars on research into cloning dinosaur DNA

In 2012, Australian billionaire Clive Palmer spent millions on research into cloning dinosaur DNA in attempt to create his own real-life Jurassic Park at his Palmer Resort in Coolum, Queensland.

Once that failed he invested further millions into commissioning hundreds of robotic dinosaurs.

6. $11.55 million on a 14-foot preserved shark

In 2004, billionaire hedge fund manager Steve Cohen, an avid art collector, bought what just might be the world’s most unique piece of contemporary art: a 14-foot tiger shark preserved with a combination of alcohol and formal

Steve Cohens preserve 14 foot shark

7. $20.23 million on a 24-carat-gold-plated Rolls-Royce

Haji Hassanal Bolkiah, the Sultan of Brunei has a collection of 7,000 cars. In that collection sits a 24-Carat Gold-Plated Rolls-Royce which was used on his wedding day.

Rolce Royce that is gold plated

8. $135 million for alien hunting

Russian Silicon Valley entrepreneur Yuri Milner is the man who funded the $135 million 10-year search for alien life.

The Breakthrough Listen initiative is expected to be the most intensive scientific search ever undertaken for signs of extraterrestrial intelligent life.

9. $1 million to keep warm

Pablo Escobar reportedly once burned $1 million in cash to keep his daughter warm while they were on the run.

10. $700 million for a Superyacht

Billionaire Russian oligarch Roman Abramovich owns tons of impressive things in his expensive collection, like Boeing 767, an ice boat and the legendary Chelsea Football Club for which he paid $239.98 million in 2003.

super yacht The Eclipse owned by Roman Abramovich

The Eclipse Yacht costs close to $700 million, and it is the second-largest private yacht in the world.

So there you have it – some of the most stupid things Billionaires paid for.