We all like to be or at the very least try to be smart with our money. But that doesnt always mean choosing the least expensive option. In fact, sometimes the pricier item or experience can be the one that is most worth your hard-earned cash, while the cheapest can be the biggest waste.
Most of us spend money on things we don't really care about at the expense of the things we do without even realizing it, Stefanie OConnell , financial expert and author of The Broke and Beautiful Life , told Business Insider. So step one is defining your priorities, then tracking your spending (an app or a simple pen and paper works) to see if you're actually spending in alignment with those priorities, and making adjustments as needed.
You should also weigh the added value something can bring to your life. Before spending a lot of money on an item or service, it may be good to understand what value it brings to you, Roger Ma , certified financial planner and founder of Life Laid Out , told Business Insider. Does it help you save time or help you avoid doing something you don't enjoy, does it make you feel more confident, or will the experience be something you remember for a long time
How much would you pay for a new car? An engagement ring? Or even a parking spot? Millionaires and billionaires can stretch the budget as far as their interests take them. Some are willing to pay insane amounts for the best or most limited items. These are the most expensive things in the world. Would you make the splurge?
1. Hallucination watch- $55 million
Completed in 2014, the Hallucination watch by London based gradd diamonds took "several thousands hour of work" and 110 carats to create, reports money inc. "A sculptural masterpiece," the plablntinum quartz watch is encrusted in yellow, Pink, blue, grey, and orange diamonds in different cuts.
2. 1963 Ferrari 250 GTO- $70million
In 2018, the vintage Italian sports car broke a record when Chicago's David macneil, the founder/CEO of weather tech, bought it for $70 million. As CNN explains "it's extremely rare for an owner tu part with one at any price" Because only 39 were built by Ferrari between 1962 and 1964.
At the time of Macniel's purchase, the auction chairman james knight said, "the Ferrari 250GTO is the motoring market's equivalent of van Gogh sunflower. Who else owns this legendary vehicle? Ralph Lauren, Pink Floyd drummer Nick Mason, and British Billionaire Lord Anthony Bamford.
3. Bluefin Tuna- $3.1 million
Expert are worried about the future of tuna, officially a "threatened species." But we're still not sure if a single fish is worth a $3.1 million price tag. Kiyoshi kimura, a sushi restaurant owner, paid that much for a bluefin Tuna- at Japan's toyosu market in early 2019, reports Reuters.
4. Antilia, Mumbia- $2 billion
The richest man in India built this 400,000- square- foot home in Mumbai in 2012. Business tycoon Mukesh Ambani, his wife, and three children enjoy 27 floors of earthquake proof luxury. Named after a mythical Atlantic island, 'Antilia' has a 168-car garage, spa, temple, two story rec center, 50 person theatre, three helipads, garden terraces, ballroom, and guest suites.
5. Mahattan parking spot- $1 million
Between 1978 and 2010, Mahattan lost 25000 off street public parking spaces, reports apartmentality. And developer's can only include parking spots for about 20% ofbew residence. A reliable parking spot has quickly become the new standard for luxury in NYC. In 2015, sold three spaces for $1 million apeices.
6. Leonardo da Vinci's salvator mundi- $450million
In 2017, Saudi prince bader bin Abdullah bin Mohammed bin Farhan al-saud bought the salvator mundi (savior of the world) at a Christie's auction, shocking everyone with his final bid of $450million. As vanity fair explains, "the last known da Vinci's painting in private hands" first sold for $60 in 1958. Now it had a home after the prince won the bidding war by telephone.
Due for a September 2018 premiere at the Louvre Abu Dhabi, salvator mundi has reportedly been missing since around that time. The exhibit was postponed and prince bader doesn't seem too concerned.
7. The domain ‘CarInsurance.com’: $49.7 million
The tricky thing about domains: Most people don’t report sales publicly, and domain names come and go every day — to the tune of millions of dollars. However, many big sales have been revealed over the years, including CarInsurance.com, explains GoDaddy. The domain sold for $49.7 million.
8. Neiman Marcus Limited Edition Fighter: $11 million
Honorable mention: 1954 AJS E95 Porcupine, $7 million
Only 45 of the Neiman Marcus Limited Edition Fighter motorcycles exist. With a carbon-fiber frame and titanium features, this bike can hit 190 miles per hour. It first sold for $110,000 — not so pricy comparatively. However, enthusiasts love the unusual design and body, the latter carved from a single piece of metal. Now highly sought-after, “it’s our street-legal sci-fi dream come to life,” as Neiman Marcus first explained.
9. Wittelsbach-Graaf diamond: $80 million
Before the recut, the diamond was 35.36 carats. | Olivier Laban-Mattei/AFP/Getty Images
Honorable mention: Pink Star diamond, $72 million
Found in India during the 17th century, this deep-blue diamond was first owned by Spain’s King Philip IV and changed hands many times over the ages. In 2008, Christie’s London auctioned the 35.36-carat diamond. Graff Diamonds’ Laurence Graff won at $24,311,191. Unhappy with the stone’s “25 flaws and numerous chips and scratches, a result of its multiple setting changes over the past 360+ years,” he recut it into a 31.06-carat diamond.
10. Heintzman Crystal Piano: $3.22 million
Heintzman Crystal Piano at Beijing Olympics
Lang Lang plays the Heintzman piano during the Beijing Olympics’ Opening Ceremony. | Alexander Hassenstein/Bongarts/Getty Images
Honorable mention: John Lennon’s Steinway Model Z, $2.37 million
Before this piano was retired and sold at auction for $3.22 million, the Heintzman Crystal entertained the world at the 2008 Beijing Olympics. It may look too beautiful to play, but now it makes sweet music in the home of a private owner.
11. Pasión Azteca, Platinum Liquor Bottle by Tequila Ley: $3.5 million
Pasión Azteca, Platinum Liquor Bottle
The most expensive bottle of tequila in the world | Susana Gonzalez/AFP/Getty Images
Honorable mention: Henri IV Dudognon Heritage Cognac Grande Champagne, $2 million
The strongest and most expensive tequila in the world, Раѕіоn Аztеса costs so much because its bottle is made of platinum and white gold and covered in nearly 6,500 diamonds. The tequila itself is a four-year-old Anejo, according to Thrillist.
12. “Jumbo” T206 Honus Wagner baseball card: $3.12 million
T206 Honus Wagner baseball card at auction
A sports memorabilia auction company displays the T206 Honus Wagner baseball card. | Chris Hondros/Newsmakers
Honorable mention: “Jumbo” T206 Honus Wagner (from the same series), $2.8 million
The world record for a baseball card sale goes to this “Jumbo” Honus Wagner card from the American Tobacco Company’s T206 series. The anonymous seller, who bought it in 2013 for $2.1 million, flipped it for $3.12 million three years later. Not a bad investment. So, why is this card so coveted? Only three American Tobacco Company cards from this series are in circulation and “in decent shape,” explains Yahoo News.
Plus, Wagner asked to be removed from the series; it’s not clear if this was due to the cigarette affiliation or a desire to make money elsewhere.
13. iPhone 4 Diamond Rose Edition by Stuart Hughes: $8 million
Stuart Hughes designed the iPhone 4 Diamond Rose Edition
iPhone 4 Diamond Rose Edition by Stuart Hughes | StuartHughes.com
Honorable mention: iPhone 3GS Supreme Goldstriker Advanced by Stuart Hughes, $3.14 million
Hughes, an elite British designer, has tried to build a house out of gold. Of course, he’d do the equivalent for an iPhone. The Apple logo is made of 53 diamonds; 500 diamonds encrust the rose gold bezel of the device. A 7.4-carat pink diamond comprises this phone’s navigation button. Only two of these 32G phones will be produced, according to Hughes.
Gold-mining mogul Tony Sage owns one of them. He keeps it in Hughes’ exclusive chest made of a single block of Imperial Pink granite and lined with top-grain Nubuck leather.
14. Alberto Giacometti’s L’Homme au doigt sculpture: $141.3 million
Alberto Giacometti L’Homme au doigt sculpture
Giacometti’s “Man Pointing,” at NYC’s Guggenheim Museum | Drew Angerer/Getty Images
Honorable mention: Alberto Giacometti’s L’homme qui marche I, $104.3 million
In 2015, a private owner sold this six-foot-tall bronze statue to Steven A. Cohen, a hedge fund billionaire. “Cohen’s collection of modern and contemporary art is widely considered to be among the best in the world,” reports Art News. The Swiss artist, Alberto Giacometti, made six casts; L’Homme au doigt, or the “Pointing Man, is one of them.
15. History Supreme Yacht: $4.5 billion
Malaysia's wealthiest person, Robert knok, owns the history supreme, a 100 foot long yatch made of solid gold. Designed by UK's Stuart Hughes, the boats master bedroom has a wall made from the bones of a T-rex. As lux habitat explains, "the master suite is adorned with a 68kg 24carat gold aquavista panoramic wall aquarium and a liquor bottle featuring a rare 18.5 carat diamond."
One cannot deny that grand things are very expensive. Plus it's a fact that done trival items sometimes fetch insane prices. Done people can spend massive amounts on cool and expensive things.
Content created and supplied by: Alicia'sblog (via Opera News )
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