Russian billionaires are knows for their extravagance, opulence and reckless spending. The nouveau riche of capitalist Russia are showing the old timers that money can actually be fun, and a lot fun than they could have imagined during the cold war days. One such extravagant billionaire is Roman Abramovich. He spent an astounding $52,000 for a lunch, while most poor Russians still have a meal of baked potatoes and roots....

Sometimes the strangest things in life can come for extremely exorbitant prices. Take for example this 3D scan of Michael Jackson, which is being auctioned off for $1.5 million. The 3D scan image was collected when Michael Jackson was 37 years old, way back in 1996. The scan data includes color map in CPV or UV maps. This can be manipulated into any expression or pose, thanks to the 3D technology which is used. I am sure the image...

David Beckham certainly seems to know how to live life king size. He not only drives the best cars in the world, but also lives in one of the most exclusive properties owned by celebrities. That does not seem to be stopping Beckham from splurging more! His new obsession seems to be cars, and that too black ones. While we do not understand what attracts him to black cars, it could perhaps be a unconscious desire to try the...

The excesses of celebrities are not something new to be heard. We know of celebrities who spend millions for something that might seem totally zany to people who are less fortunate. The latest celebrity to make news for such wild spending is a mystery English celebrity who lives in Monaco. The celebrity has commissioned a 24 carat gold guitar which almost cost a "four figure". Apparently, the electric guitar was coated and dabbed with 24 carat gold so that...

The style icon of many, Victoria Beckham is all set to expand her fashion empire by launching her line of shoes and handbags. Posh Spice who has already found success with her VB designer clothing collection is said to have made the decision because she is fed up with being a "walking advert" for other designers' clothes. Apparently, hubby David completely supports his wife’s new plans and has reportedly offered to build her a huge design workshop in Beckingham...

Michael Jackson, The Official Exhibition would open at the O2 Bubble for public from Wednesday. The event is set to happen just a few feet away from where he had announced his comeback tour before his death. The exhibition features many bling packed souvenirs including an oil painting of the king of pop in the attire of a king. The exhibition would also feature a life sized crown, a throne and even a rocket ship that were dear to...

Money can definitely buy you anything these days! Even a kiss with famous celebrity Charlize Theron! The star took part in a live auction during a gala for the charity OneXOne in San Francisco Thurs. Oct. 22. Theron who was there to sell a 2010 trip to South Africa that included World Cup tickets, a safari and a meet-and-greet with Nelson Mandela, raised the stakes when bidding stalled at a mere $37,000. Charlize was determined to get a higher...

If you were planning to take property on lease in the Caribbean, you might as well move in Eric Clapton's property. The ageing rocker has decided to lease out his 45 acre Antigua Island Estate for a sum of $50,000 a week. He had originally spent $14 million in 2000 for the "Standfast Point". The house consists of a 10,000 square-foot complex and looks out to the islands of Guadeloupe and Montserrat....

Being the son of the world's greatest basketball player may have its own advantages and some disadvantages as well. Michael Jordan's son Marcus Jordan plays for the University of Central Florida and sponsor Adidas is engaged in a bitter fight with Nike. The reason behind the fight being Marcus wants to wear his father's brand Air Jordan, which may cost the University $3 million in lawsuits. Adidas sponsors UCS and Nike sponsors University of Florida basketball team....

Victoria’s Secret Fashion Show’s have always been the talk of the town for both the sexy lingerie as well as the models. For the upcoming year, supermodel and Angel Marisa Miller has been chosen by Victoria’s Secret to be the crown jewel of their next fashion show. The sexy model will walk down the ramp wearing a $3 million diamond-studded bra created by Damiani. Marissa told PEOPLE that she is extremely honored to walk down the ramp wearing the...

After purchasing a $4.3million apartment in Manhattan, Harry Potter star, Daniel Radcliffe has invested in another luxurious property. The young actor has recently purchased a £3.76 ($6.24million) town in New York. The new town house is located on West 12th Street and was built by a sea captain for one of his daughters in 1847. The lavish property spreads over 3000 sq ft and boasts of five bedrooms and a 39ft garden. This recent purchase means that the star...

If you had been wondering what could be the most bizarre thing to have been successfully auctioned off for a great price, it has to be "A Large Quantity of Elvis Presley's Hair". The King's locks were shorn off once when he entered the military in 1958 and they fetched $15,000 at Chicago auction house Leslie Hindman Auctioneers last Sunday. It is rather funny to think that a dead man, even if he were a legend could command such...

If you thought you could call yourself "rich" because you could afford luxury cruises, a yacht or two, a mansion in one of the plush neighborhood, or maybe even a private jet, think again. You might not be able to call yourself super-rich until you could buy a country yourself! CIA Fact Book reveals that most Forbes 400 members have wealth that is greater than many countries. Bill Gates, for instance can buy Costa Rica, El Salvador, Bolivia and...

Giving competition to Paris Hilton for her wild partying ways is Amy Winehouse who has reportedly spent £9 million ($14.5 million) on partying! OK! Magazine reports that the troubled singer has blown her fortune on wild nights out and a seven-month stay on the Caribbean island of St Lucia earlier this year. Documents filed at Britain’s company house reveal a sharp decline in the worth of her three companies. The three companies which were worth £10million ($15.9million) last year...

It has been one helluva journey for Jesus Luz, the Brazilian supermodel and Madonna's boytoy. After being the talk of tabloids, Jesus and Madonna's flaming relationship has reached new heights as she has decided to pamper him with a luxury New York apartment worth $2.73 million in a plush neighbourhood. Madge and Jesus are even going to celebrate a commitment ceremony falling short of a full-fledged marriage....