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The coolest things bought by rich people this year

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The coolest things bought by rich people this year

The global economy has been taking a beating, but that doesn't mean Russian oligarchs, Saudi princes and the rest of the .001% have stopped spending absurd amounts of money on strange, extravagant, and ridiculously cool items.

Many of the most extreme purchases were made in auction houses. Others were simply tremendous displays of wealth by the world's richest people.

From real estate to cars, jewels to live animals, here are the most ridiculous purchases people made in the past 12 months, from lowest to highest price paid.

All figures are in US dollars

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image: Business Insider

Jun 21, 2012

The coolest things bought by rich people this year

The 0.001% have bought some strange, extravagant, and ridiculously cool items over the past 12 months.

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