Excess Hollywood

AAA

At some point or another, most of us have indulged in an expensive luxury item that we didn’t really need – a fancy bottle of champagne, a top-of-the-line flat-screen TV,  a pair of red-soled designer stilettos. Whether your purchase eventually led to buyer’s remorse or sheer joy, there was no doubt in your mind that you might have gone a little overboard. Of course, these seemingly excessive items would cause nothing more than a tiny blip on a celebrity’s financial radar screen.

As with everything else, celebrities simply can’t be satisfied with mediocre splurges; they just have to take it to the next level. Forget fancy handbags. We’re talking personalized jets, pet tigers and gold-plated bathrooms…oh my!

Keep reading to discover eight of the most ridiculously overpriced items celebs have purchased.

 

By Amy Bell

Donald Trump’s $100 Million Jet

In 2012, Donald Trump purchased a Boeing 757 from Microsoft co-founder Paul Allen for a cool $100 million. Of course, being the Donald, he couldn’t end his mile-high splurge there. Not one to disappoint, Trump spent a few more dollars transforming the private jet into an aircraft fit for a king – complete with Rolls Royce engines, 24-carat gold-plated seatbelts, personal TV screens for each of the 43 seats, a multiplex movie system, a bedroom where the Donald can rest his combed-over head and, of course, his very own private bathroom with a shower and gold-plated faucets.

Beyoncé’s $100,000 Leggings

Most women are thrilled to find a simple pair of spandex leggings that hide their problem areas. Most women are not Beyoncé. A few years ago, the pop megastar (who also happens to be Jay-Z’s wife) shelled out $100,000 for this pair of Balenciaga gold leggings. And by gold, we don’t mean the color. The leggings are plated in pure gold. Still not convinced that such a pair of gilded slacks could possibly exist? (Or that anyone would actually buy them if they did?) Well, believe it: Mrs. Z flaunted her blinged-out pants at the 2007 BET Awards.

Mike Tyson’s Pet Tigers

Before the infamous slugger filed for bankruptcy in 2003, Mike Tyson made headlines time and again for his mind-boggling spending sprees and incredibly bizarre purchases. Quite possibly the most over-the-top of Tyson’s acquisitions was a trio of white Bengal tigers. He initially dropped $140,000 on the three kitties, but the expenses didn’t end there. Tigers eat a lot of meat – as in 40 pounds a day. As a result, Tyson reportedly spent up to $4,000 on food and care for the tigers each and every month. After he went bankrupt, Tyson sold the Bengals and replaced them with less costly pets. Labrador retriever, anyone?

Paris Hilton’s Opulent Doghouse

Paris Hilton loves her purse-sized dogs. No seriously, she really loves them. To prove her undying adoration for her pack of pint-sized canines, the wealthy American socialite commissioned an elaborate bespoke doghouse for her backyard – to the tune of $375,000. The custom-designed doggie dwelling is a small-scale replica of Paris’ own multi-million–dollar mansion, complete with heat and A/C, designer furniture and of course an extravagant chandelier. What a ruff life.  

Celine Dion’s Backyard Water Park

Why stand in line at the water park with swarms of sweaty commoners when you can build your own private aquatic playground in the backyard? That’s precisely what Canadian-born pop diva Celine Dion did as part of her $72.5 million oceanfront estate in Jupiter Island, Fla. Dion’s gargantuan water park goes on and on, featuring two twisting water slides, a lazy river, two expansive pools, a couple of bridges and even a treehouse.

Nicolas Cage’s Dino Skull

No, that’s not a snarky commentary on Cage’s unique profile. At a 2007 Beverly Hills auction, the famous actor got into a bidding war with Leonardo DiCaprio over a 67-million-year-old Tyrannosaurus Rex skull fossil. After quite a bit of back and forth, DiCaprio finally dropped out of the game when Cage drove the bid up to $276,000. It’s really no surprise these two mega-stars duked it out over the rare artifact. After all, shouldn’t every leading man have a dinosaur head in his home?                              

Related Articles
  1. Investing News

    Knockout Earnings Expected From Tyson Foods (TSN)

    While Tyson is still trying to regain lost revenue from its bouts with contaminated meat and bird flu, it has possibly seen off the worst of its struggles.
  2. Economics

    Understanding Value: Donald Trump & His Net Worth

    Having your dad bankroll your first big project is more than a simple leg up. But what Donald Trump did from there is far more than a silver spoon story.
  3. Entrepreneurship

    This Is How Donald Trump Became Rich

    Find out how "The Donald" got his start, where he made his fortunes and why Donald Trump used the power of brand recognition to become a billionaire.
  4. Financial Advisors

    Don't Let Your Portfolio Be Trump'd by Illiquidity

    A look at Donald Trump's statement of finances and the biggest lesson every investor can learn.
  5. Stock Analysis

    Tyson Foods Continues To Leverage Strong Margins In Proteins

    Tyson goes from strength to strength with good margins, pricing, and volumes in the fiscal third quarter.
  6. Professionals

    The Tiger Woods Effect - $12 Billion Wiped Out

    The Tiger Woods debacle shook the marketing complex. Major sponsors are drawing their lines in the sand, and the cost is huge.
  7. Stock Analysis

    7 Trump Businesses You Didn't Know Existed

    Understand what Donald Trump is best known for and the types of income streams he's created. Learn about seven obscure businesses he owns.
  8. Investing News

    A Look Into Donald Trump's Many Income Sources

    While real estate remains at the heart of Donald Trump's empire, there are a several other income sources that have helped boost his wealth.
  9. Tax Strategy

    Donald Trump’s Right That the Game Is Rigged – for Him to Make Money by Running

    Here’s how The Donald games election law to spin glitz into cash.
  10. Investing News

    Donald Trump Sees U.S. Heading Towards Recession

    Donald Trump, Republican presidential front-runner has a new take on the U.S. economy and it isn’t comforting.
Hot Definitions
  1. MACD Technical Indicator

    Moving Average Convergence Divergence (or MACD) is a trend-following momentum indicator that shows the relationship between ...
  2. Over-The-Counter - OTC

    Over-The-Counter (or OTC) is a security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, ...
  3. Quarter - Q1, Q2, Q3, Q4

    A three-month period on a financial calendar that acts as a basis for the reporting of earnings and the paying of dividends.
  4. Weighted Average Cost Of Capital - WACC

    Weighted average cost of capital (WACC) is a calculation of a firm's cost of capital in which each category of capital is ...
  5. Basis Point (BPS)

    A unit that is equal to 1/100th of 1%, and is used to denote the change in a financial instrument. The basis point is commonly ...
  6. Sharing Economy

    An economic model in which individuals are able to borrow or rent assets owned by someone else.
Trading Center