December 25, 2024 | Peter Kinney

A $12 Million Preserved Shark And Other Absolutely Ridiculous Things Purchased By Billionaires


Rich People And Their Most Ridiculous Indulgences

For the world’s wealthiest, every whim can be fulfilled instantly without worrying about the price tag. So, which billionaires’ purchases are bizarre, extravagant, and downright ridiculous?

DJ Khaled

Jeff Bezos—Superyacht For $500 Million

The mastermind behind Amazon decided that having one of the largest fortunes in the world deserved a fitting status symbol: a $500 million superyacht named Koru. This colossal vessel stretches an impressive 417 feet, making it one of the largest yachts in the world. 

Jeff Bezos—Superyacht For $500 MillionJeff Bezos $500 Million 417 ft. Yacht Koru Makes Maiden Voyage by YachtWorld

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Paradise On Water

Koru was too massive to pass under Rotterdam’s historic Koningshaven Bridge. So, Bezos requested the bridge be partially dismantled, which caused public outrage and was ultimately denied. It has multiple decks, swimming pools, and a smaller support yacht designed to house more guests and additional crew. 

Jeff Bezos—Superyacht Jeff Bezos’s sailing yacht Koru first day of sea trials by Dutch Yachting

Bill Gates—Horse Ranch For $18 Million

Bill Gates, better known for his tech legacy and philanthropic efforts, also indulges in lavish purchases. Among his most notable splurges is an $18 million horse ranch in California. This sprawling estate spans 228 acres with state-of-the-art stables, pastures, a racetrack, and a horse rehab. 

Bill Gates—Horse Ranch For $18 MillionClass 28 - Alex - Jennifer Gates by Horse Network

All For The Daughter

Some reports mentioned that Gates bought the ranch to support his daughter, a professional equestrian. Although many rich people pay fortunes for hobbies, the sheer scale and cost of the property are staggering. Yet, it’s a dream come true for any horse lover. 

Bill Gates—Horse Ranch For $18 MillionSteinfurth (Nordlicht8), CC BY-SA 3.0, Wikimedia Commons

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Steve Cohen—Preserved Shark For $12 Million

Titled The Physical Impossibility of Death in the Mind of Someone Living, a tiger shark preserved in formaldehyde became one of the most unconventional art pieces ever. However, Steve Cohen, the billionaire hedge fund manager and art collector, decided that it was exactly what he needed. 

Steve Cohen—Preserved Shark For $12 MillionAgent001, CC BY-SA 3.0, Wikimedia Commons

Frozen In Time

The actual price paid for the shark wasn’t disclosed, but some say the piece created by British artist Damien Hirst cost between $8 and $12 million. Initially commissioned in 1991, the shark had to be replaced due to decay, but Cohen ensured its longevity by funding its restoration.

Steve Cohen—Preserved Shark For $12 MillionAgent001, CC BY-SA 3.0, Wikimedia Commons

Jay-Z—Racehorse For $55 Million

Hip-hop mogul Jay-Z is no stranger to luxury, but one of his most eyebrow-raising purchases was a $55 million racehorse named California Chrome, a two-time champion that won the Kentucky Derby and the Preakness Stakes. This purchase perfectly aligns with the star’s love for glamour. 

Jay-Z—Racehorse For $55 MillionJlvsclrk, CC BY-SA 4.0, Wikimedia Commons

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A Living Investment

California Chrome is one of the most celebrated racehorses in modern history, with career earnings exceeding $14 million. Some might see that the horse is a living, breathing investment in prestige and high-stakes competition. However, the $55 million gamble comes with no guarantees in the unpredictable world of horse racing.

Jay-Z—Racehorse For $55 MillionMontanabw, CC BY-SA 4.0, Wikimedia Commons

Larry Ellison—Hawaiian Island For $300 Million

Owning an entire island may sound like a dream, but for $300 million, it’s an over-the-top demonstration of wealth. Larry Ellison, co-founder of Oracle, took real estate to another level by buying 98% of the Hawaiian island of Lanai for $300 million. 

Larry Ellison—Hawaiian Island For $300 MillionForest & Kim Starr, CC BY 3.0, Wikimedia Commons

His Very Own Utopia

Ellison has turned Lanai into a personal project. It’s a paradise with luxury resorts, a charming town, and pristine beaches to make Ellison the ruler of his own tropical kingdom. He’s also invested in sustainable agriculture and renewable energy to change it into an eco-friendly utopia.

Larry Ellison—Hawaiian Island For $300 MillionMike Grant, CC BY-SA 4.0, Wikimedia Commons

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Ken Griffin—Penthouse For $238 Million

Rich people buy expensive homes. However, hedge fund billionaire Ken Griffin set a real estate record when he purchased a New York City penthouse for a jaw-dropping $238 million. The property occupies the top four floors of 220 Central Park South, a luxury skyscraper overlooking Central Park.

Ken Griffin—Penthouse For $238 Million220 Central Park South --- view of 238 million dollar apartment from the exterior by 799jmt

Some Would Say It’s Worth It

The penthouse measures 23,000 square feet, and Griffin will be neighbors with celebrities like Sting. It’s like a palace in the sky that the billionaire reportedly would use for short stays. Why not spend more than $200 million dollars on a part-time residence if you can?

Ken Griffin—Penthouse For $238 Million220 Central Park South --- view of 238 million dollar apartment from the exterior by 799jmt

Nita Ambani—iPhone For $48.5 Million

When billionaire Mukesh Ambani wanted to give his wife, Nita, an iPhone, he had something else in mind. He bought her the iPhone 6 Falcon Supernova Pink Diamond Edition, which is considered one of the most expensive gadgets ever made. 

Nita Ambani—iPhone For $48.5 MillionSandro Halank, CC BY-SA 4.0, Wikimedia Commons

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Not Your Usual Phone Call

Apart from sending messages and making calls, the $48.5-million iPhone is encased in 24-karat gold and adorned with a massive pink diamond on the back. It also features state-of-the-art encryption for maximum security to ensure it’s functional and extravagant. 

Nita Ambani—iPhone For $48.5 MillionMost Expensive Iphone In The World. by World Luxury Defined

Jeff Bezos—Robot Dog For $74,500

Dog lovers consider their pets to be family. But Jeff Bezos took things up a notch when he got Spot, the robot dog. Unlike a traditional pet, Spot doesn’t offer companionship—it’s more of a high-tech toy which can carry stuff, open doors, and do other complex tasks. 

Jeff Bezos—Robot DogJeff Bezos with dog, robot-beer pong and vest for deaf people: MARS 2018 by Nexter.org

A Pet Worth Thousands Of Dollars

Although this might not be as pricey as other stuff Bezos bought, it’s definitely a splurge as far as pets go. Spot is made by Boston Dynamics for $74,500, and Bezos reportedly uses it for fun. He sometimes shows it at tech events.

Jeff Bezos with dogJeff Bezos with dog, robot-beer pong and vest for deaf people: MARS 2018 by Nexter.org

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William Koch—Billy The Kid Photo For $2.3 Million

Would you pay millions of dollars for a faded photo? Billionaire industrialist William Koch probably didn’t think twice when he paid $2.3 million dollars to add a piece of the Wild West and a relic of Americana to his collection. 

William Koch—Billy The Kid Photo For $2.3 MillionBen Wittick, Wikimedia Commons

Paused In Time

The tintype photo is one of the few confirmed images of Billy the Kid. It features him in rugged frontier attire while holding a rifle and represents a valuable asset to collectors like Koch. However, many would agree that paying this amount for a single photo is ridiculous. 

William Koch—Billy The Kid PhotoBoston Public Library, Wikimedia Commons

Bill Gates—Da Vinci’s Journal For $30.8 Million

In 1994, Bill Gates stunned the art and history world by purchasing Leonardo da Vinci’s Codex Leicester, a handwritten journal of scientific notes and sketches, for $30.8 million. The 36-sheet manuscript, written between 1504 and 1508, is a treasure trove of da Vinci’s brilliance.

Bill Gates—Da Vinci’s Journal For $30.8 MillionLeonardo da Vinci, Wikimedia Commons

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The Real Da Vinci’s Code

The Codex contains musings on subjects like water movement, astronomy, and geology, showcasing da Vinci’s genius. Gates didn’t just keep the journal locked away but he digitized it for the world to see to blend Renaissance ingenuity with modern technology.

The Real Da Vinci’s CodeLeonardo da Vinci, Wikimedia Commons

Mukesh Ambani—Home For $1 Billion

Indian billionaire Mukesh Ambani built Antilia, a 27-story skyscraper in Mumbai, for an estimated $1 billion. This way it became one of the most expensive homes ever constructed. The towering mansion serves as the Ambani family’s primary residence and a spectacular example of how the rich spend their money.

Mukesh Ambani—Home For $1 BillionShrishinde333, CC BY-SA 3.0, Wikimedia Commons

A Dream Home

Antilia features amenities like a private theater, a swimming pool, lifts, a snow room that sprays artificial snow, and even a dedicated floor for car parking. Designed to withstand earthquakes of up to magnitude 8, it also employs a staff of 600 people to maintain its grandeur.

Mukesh Ambani—Home For $1 BillionJhariani, CC BY-SA 3.0, Wikimedia Commons

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Maxim Viktorov—Violin For $1.5 Million

Some musical instruments are so rare that they’re worth millions of dollars. Stradivarius violins, crafted by Antonio Stradivari in the 17th and 18th centuries, are renowned for their unmatched sound quality and craftsmanship. As a result, collectors weren’t that surprised when one was sold for $1.5 million. 

Maxim Viktorov—Violin For $1.5 MillionHåkan Svensson (Xauxa), CC BY-SA 3.0, Wikimedia Commons

Heavenly Tunes

Russian businessman Maxim Viktorov bought a rare Stradivarius violin, one of the most coveted musical instruments in history. Most Stradivarius violins once belonged to historical figures, including Napoleon Bonaparte. This adds to their historical and cultural significance and makes them even more sought after. 

Maxim Viktorov—Violin For $1.5 MillionMrlibvid1, Wikimedia Commons

Carlos Slim—Museum For $800 Million

Most art collectors would buy pieces of art. But a Mexican billionaire ordered the construction of the Museo Soumaya in Mexico City. Carlos Slim dedicated $800 million to show and preserve his vast art collection and named it after his late wife. 

Carlos Slim—Museum For $800 MillionRaystormxc, CC BY-SA 3.0, Wikimedia Commons

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Art Can Be Expensive

While building a museum is commendable, spending close to a billion dollars on one reflects a level of personal investment most can’t fathom. The building has a futuristic design with 16,000 hexagonal aluminum tiles and houses 66,000 works, including pieces by Rodin, Van Gogh, and Monet.

Carlos Slim—Museum For $800 MillionJespa, CC BY-SA 3.0, Wikimedia Commons

Nick Cannon—Diamond-Encrusted Shoes For $2 Million

Celebrities are known for their unexplained behavior. But everyone was left questioning their eyes when they saw that entertainer Nick Cannon ordered diamond-encrusted shoes to dazzle the audience during the finale of America’s Got Talent. They set the Guinness World Record for the most expensive shoes ever worn on television.

Nick Cannon—Diamond-Encrusted Shoes For $2 MillionNick Cannon Has the World's Priciest Shoe Worth $2 Million by djvlad

Walking On Diamonds

Cannon hired Tom Ford to design the shoes. They are embellished with over 14,000 full-cut round white diamonds set on white gold to represent the ultimate footwear extravagance. The pair took over one year to craft, but Cannon was definitely happy with his purchase. 

Nick Cannon—Diamond-Encrusted Shoes For $2 MillionNick Cannon Has the World's Priciest Shoe Worth $2 Million by djvlad

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Prince Alwaleed bin Talal—Airbus A380 For $500 Million

The Airbus A380, dubbed the “Flying Palace” is on the list of the most expensive things Saudi Prince Alwaleed bin Talal bought. It’s the world’s largest plane, and he custom-ordered it to redefine private aviation with an airborne palace of luxury that cost between $450 and $500 million. 

Prince Alwaleed bin Talal—Airbus A380 For $500 Millionrdesoras, CC BY-SA 2.0, Wikimedia Commons

Owning The Skies

With gold-plated furniture, nothing matches this private jet. It can host dozens of guests in lavish suites as a symbol of sky-high luxury and proof of the prince’s unparalleled taste for excess. However, some people say that it never made it to production. 

Prince Alwaleed bin Talal—Airbus A380 For $500 MillionDmitry A. Mottl, Wikimedia Commons

Ken Griffin—Paintings For $500 Million

Abstract Expressionism is an intriguing art form with its bold, dynamic brushwork. But did you know that someone would gladly pay hundreds of millions of dollars for a statement piece? Ken Griffin, the hedge fund titan, took this step and didn’t look back. 

Ken Griffin—Paintings For $500 MillionKent Baldner, Flickr

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Valuable Artwork

Griffin bought two iconic paintings for $500 million in a single deal. Willem de Kooning’s Interchange was valued at $300 million, while Number 17A shows Pollock’s famous drip technique and cost $200 million. These acquisitions placed Griffin at the forefront of the art world.

Ken Griffin—Paintings For $500 MillionKen Lund, Flickr

Nicolas Cage—Dinosaur Skull For $276,000

Did you know that Nicholas Cage and Leonardo DiCaprio got into an unusual fight over some dinosaur bones? Eventually, Cage bought the 67-million-year-old Tyrannosaurus bataar skull for $276,000 at an auction. This aligns with the celebrity’s flair for the dramatic, which extends to his purchasing habits. 

Nicolas CageGerald Geronimo, CC BY-SA 2.0, Wikimedia Commons

It Didn’t Turn Out As Expected

After paying this huge sum for the impressive relic, authorities revealed that the rare find had been looted from Mongolia. Cage made the right decision and returned it after being contacted by authorities. However, he didn’t get his money back. 

Nicolas Cagenicolas genin, CC BY-SA 2.0, Wikimedia Commons

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Mike Tyson—Gold Bathtub For $2.2 Million

Although he suffered from some financial setbacks, back in the day, Mike Tyson bought a 24–karat gold bathtub for $2.2 million. He didn’t buy it for himself, but as a gift for his-then wife. This piece of this unnecessary luxury shows how unwise he was with spending. 

Mike Tyson—Gold Bathtub For $2.2 MillionWE STAYED IN A HOTEL MADE OF PURE GOLD FOR 24 HOURS 😲 IMMY & TANI S5 EP42 by Immy and Tani

Pure Gold

This tub isn’t just gold-plated—it’s solid gold. The boxing legend hired a luxury artisan to make the indulgent centerpiece as a symbol of his extreme wealth back then. Tyson’s financial troubles later in life made this purchase all the more ironic. 

Mike TysonSuper Festivals, CC BY 2.0, Wikimedia Commons

Prince Hans-Adam II—Fancy Furniture For $36 Million

Prince Hans-Adam II of Liechtenstein, one of Europe’s wealthiest monarchs, added a touch of royal elegance to his estate by spending $36 million on an antique piece of furniture. The piece was originally commissioned for European royalty, which makes it a natural fit for Hans-Adam II’s collection of royal artifacts. 

Prince Hans-Adam II—Fancy Furniture For $36 Million18th century cabinet sells for record breaking price by AP Archive

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The Badminton Cabinet

The piece, known as the Badminton Cabinet, was made by 30 experts who worked for six years to build it in the 18th century. It features semi-precious stones like agate, lapis lazuli, and amethyst quartz, all housed in ebony. Today, it resides at the Liechtenstein Museum in Vienna. 

Prince Hans-Adam II—Fancy Furniture For $36 Million18th century cabinet sells for record breaking price by AP Archive

Elon Musk—Car Submarine For $1 Million

Elon Musk, known for his innovative ideas and extravagant tastes, purchased the Lotus Esprit submarine car from the James Bond film The Spy Who Loved Me for $1 million. Musk bought the vehicle at an auction in 2013 and expressed his desire to turn it into a fully functional submarine.

Elon Musk—Car Submarine For $1 MillionKaren Roe, CC BY 2.0, Wikimedia Commons

A Piece Of History

The car, nicknamed “Wet Nellie”, is a piece of cinematic history and an advanced machine for its time. Though it doesn’t currently operate as a real car submarine, Musk planned to leverage Tesla’s technology to make it functional. It’s said to be the inspiration behind his Cybertruck. 

Elon Musk—Car Submarine For $1 Millionsv1ambo, CC BY 2.0, Wikimedia Commons

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Clive Palmer—Titanic Replica For $500 Million

Although Titanic lies as a shipwreck, Australian billionaire Clive Palmer was fascinated by its legacy to the point that he wanted to revive it. This time, he started a controversial project to build Titanic II, a near-exact replica of the ill-fated ocean liner. 

Clive Palmer—Titanic Replica For $500 MillionRoderick Eime, CC BY 2.0, Wikimedia Commons

Fascinated By History

The controversial project is said to cost around $500 million, although the exact number is unclear. It faced multiple delays, yet Palmer is still committed to reviving the luxury and nostalgia of the original Titanic with period-accurate rooms and a grand staircase but with modern safety measures.

Clive Palmer—Titanic Replica For $500 MillionGeographer, CC BY-SA 3.0, Wikimedia Commons

DJ Khaled—Shoe Collection For $8 Million

Sneakerheads will go above and beyond to get their hands, or better say feet, in the latest releases. But music mogul DJ Khaled’s sneaker obsession skyrockets with one of the world’s most expensive sneaker collections made by legendary designers and brands. 

DJ Khaled—Shoe Collection For $8 MillionDJ Khaled Legendary Sneaker Closet Now On Airbnb by The Kickz Stand

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10,000+ Pairs

DJ Khaled is said to own more than 10,000+ pairs, with ultra-rare sneakers like custom Air Jordans and limited-edition Yeezys, all housed in a temperature-controlled room designed to preserve their condition. Some of his kicks are worth six figures individually.

DJ Khaled—Shoe Collection For $8 MillionDJ Khaled Legendary Sneaker Closet Now On Airbnb by The Kickz Stand


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