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Luxury Purchases of Billionaires: From Superyachts to Flying Palaces

Luxury Purchases of Billionaires

Billionaires are among the richest and most influential people on Earth. With their limitless financial resources, they can buy anything they want, from mansions and yachts to private jets and islands.

Some even go so far as to purchase rare and pricey works of art, furniture, and scientific scribbles. In this article, we will explore the most remarkable and expensive items purchased by billionaires.

Steve Cohens Preserved Shark

In 1991, British contemporary artist Damien Hirst created an iconic artwork entitled “The Physical Impossibility of Death in the Mind of Someone Living.” It featured a preserved tiger shark suspended in a tank of formaldehyde. Art mogul Charles Saatchi purchased the artwork for around $50,000.

In 2004, hedge fund billionaire Steve Cohen bought the piece for an undisclosed amount believed to be in the range of $8 million to $12 million. The artwork, which is widely considered to be one of the most powerful pieces of contemporary art, currently hangs in Cohens house in Greenwich, Connecticut.

Mukesh Ambanis Home

Indian billionaire Mukesh Ambani’s 27-story skyscraper home in downtown Mumbai, called Antilla, is a 400,000 square foot property worth over $1 billion. Antilla features a multi-story garage that can house over 160 vehicles, three helicopter landing pads, a cinema, swimming pools, yoga and dance studios, a ballroom, a 50-seater temple, a spa, a snow room, and a four-story garden.

The grand residence is maintained by a staff of over 600.

Roman Abramovichs Superyacht

Russian billionaire Roman Abramovich’s superyacht, Eclipse, is the second-largest in the world, surpassing the size of a football field. The 557-foot yacht is valued at $1.2 billion and can accommodate up to 36 passengers in 18 cabins, with space for 70 crew members.

Eclipse is equipped with various features, including a missile detection system, a submarine, bulletproof windows, and two helipads. The superyacht also has an anti-paparazzi shield that can detect and blind photographers using lasers.

Larry Ellisons Hawaiian Island

Oracle Corporation CEO Larry Ellison bought 98% of Lanai island in Hawaii for $300 million in 2012. The island, which spans over 141 square miles, has two resorts, two golf courses, and several luxurious homes.

Ellison recently announced a $1 billion investment in the island’s infrastructure that includes a desalination plant and a solar power grid.

Prince Alwaleed bin Talals Airbus A380 Flying Palace

Saudi Arabian Prince Alwaleed bin Talal spent over $500 million on his customized Airbus A380 “Flying Palace.” The jumbo jet can accommodate up to 800 passengers and features amenities like a concert hall, a prayer room that turns into a boardroom, a garage for luxury cars, and a private elevator. The Flying Palace is considered to be the world’s most luxurious aircraft.

William Kochs Billy the Kid Photo

In 2011, Bill Koch, the billionaire member of the Koch family, purchased a photograph of outlaw Billy the Kid at an auction for $2.3 million. The photograph, which shows the famous gunslinger and his gang, is one of only two known photographs of Billy the Kid.

Koch has been collecting historical artifacts, including rare American artifacts, in which he has invested over $200 million.

Ken Griffins Pair of Paintings

Hedge fund billionaire Kenneth Griffin made headlines in 2015 when he bought Willem de Kooning’s abstract expressionist painting “Interchange” for $300 million and Jackson Pollock’s painting “Number 17A” for $200 million. Griffin’s modern art collection also includes paintings by Pablo Picasso, Mark Rothko, and Jasper Johns.

Bill Gates Scientific Scribbles by Leonardo Da Vinci

Microsoft co-founder Bill Gates paid $30 million for the Codex Leicester, a notebook by Leonardo da Vinci, in 1994. The Codex Leicester is the only one of Leonardo da Vinci’s scientific notebooks that is in private hands.

The manuscript contains da Vinci’s research and theories on topics like fossils, the moon’s surface, and the properties of water. Gates has lent the notebook to various museums around the world.

The Sultan of Bruneis Car Collection

The Sultan of Brunei’s car collection is one of the most impressive and extensive in the world. It reportedly includes over 7,000 luxury cars, including Lamborghinis, Ferraris, Rolls Royces, and Bentleys, worth an estimated $5 billion.

The Sultan’s fascination with cars has led him to own multiples of the same model.

Prince Hans Adam IIs Fancy Furniture

In 1990, Prince Hans Adam II of Liechtenstein purchased the Badminton Cabinet, an 18th-century Florentine cabinet, for $36 million at a Sotheby’s auction. The cabinet was made by the famed Italian craftsman Giovanni Battista Foggini and is adorned with ornate sculptures and gilt-bronze mounts.

The prince’s restored castle, where he displays the cabinet, is now a museum.

Jeff Bezos Newspaper

In 2013, Amazon founder Jeff Bezos bought the Washington Post newspaper for $250 million. Bezos bought the newspaper as a personal investment and has said that he has no intention of interfering with its editorial freedom.

The purchase made him one of the most powerful media moguls in the world.

Maxim Viktorovs Violin

Russian billionaire Maxim Viktorov purchased a Guarneri del Gesu violin at a 2017 Christie’s auction for a whopping $3.9 million. The 18th-century instrument is renowned for its quality and unique sound.

Viktorov is an avid collector of valuable musical instruments and has previously bought violas and cellos worth millions of dollars.

Jocelyn Wildensteins Plastic Surgery

Jocelyn Wildenstein, a former billionaire, is known for her addiction to plastic surgery. Wildenstein reportedly spent over $4 million on numerous procedures that left her face looking severely disfigured.

Despite her millions, Wildenstein’s excessive spending and poor investment decisions led to her bankruptcy in 2018.

Elon Musks Car Submarine

In 2018, billionaire entrepreneur Elon Musk bought the Lotus Esprit from the 1977 James Bond movie “The Spy Who Loved Me,” for $1 million. In the movie, the car turns into a submarine and was famously used in a chase sequence underwater.

Musk said that he plans to make the car submersible to actually drive it underwater using Tesla’s technology.

Carlos Slims Museum in Mexico

Mexican billionaire Carlos Slim spent over $800 million to build the Museo Soumaya in Mexico City. The museum features artworks from famous artists like Diego Rivera, Picasso, and Dal, as well as Slim’s extensive collection of pre-Columbian art and coins.

Slim named the museum after his late wife and has said that it is his gift to Mexico.

Conclusion

In conclusion, billionaires have the resources and the means to acquire some of the most extravagant and expensive things on Earth, ranging from artworks and rare instruments to homes and islands. These purchases not only reflect the owners’ wealth but their tastes and preferences as well.

While the items on this list make up only a small fraction of what billionaires own, they do offer a fascinating glimpse into the luxurious lifestyles of the world’s richest individuals. 3) Mukesh Ambani’s Home

Mukesh Ambani’s Antilla is truly a sight to behold.

Overlooking Mumbai’s Arabian Sea, the 27-story skyscraper is a magnificent example of contemporary architecture. Designed by Chicago-based architects Perkins and Will, the building features a staggeringly large 400,000 square feet of living space, making it one of the largest residential structures in the world.

The towering skyscraper stands 550 feet high and has six underground levels of parking which can accommodate up to 168 cars. Antilla has three helicopter pads on its rooftop that provide direct access to each level of the residence via an elevator.

The helipads are functional and have been used by Ambani on several occasions to attend to his business and personal affairs. The luxurious home’s interior boasts a grand ballroom, a mini theater, and a health club and spa with a gym, steam room, yoga studio, and salon.

There is a massive four-story garden with living walls, stunning vertical gardens, and a sculptural planters. All of this is in addition to the multiple swimming pools, a snow room, a temple, and a rooftop terrace with stunning views of the Mumbai skyline and the Arabian Sea.

The construction of Antilla was completed in 2010 and cost a staggering $1 billion. Mukesh Ambani, the Chairman and Managing Director of Reliance Industries, paid for the building himself, which is considered to be his most significant investment.

Antilla is worth even more today; according to reports, the skyscraper is valued at $2 billion. 4) Roman Abramovich’s Superyacht

Known to be one of the most expensive and largest yachts in the world, Roman Abramovich’s Eclipse is a sight to behold.

The luxury yacht has an impressive 6,000 square feet of living space, and it features 11 staterooms and suites that can accommodate up to 36 passengers and equipped with advanced communication and audio-visual systems. Eclipse boasts a wealth of luxurious amenities, including two swimming pools, a spacious open-air dining area, a nightclub, a steam room, a fitness center, and a cinema.

The yacht is also equipped with a state-of-the-art missile detection system, a bulletproof casing, and an anti-paparazzi shield directed by a laser detection system. The superyacht has a helicopter landing pad and can board two helicopters simultaneously.

The submersible features of Eclipse are also worth mentioning. The yacht is home to a three-person submarine that can dive up to 50 meters, another smaller submarine for underwater exploration, and even has two tenders, or boats, that can be launched from the ship.

The construction of Eclipse took nearly three years to complete and involved over 1,000 workers. It cost an estimated $1.2 billion to construct, a hefty sum that is expected to have been paid for Roman Abramovich.

Eclipse has since been featured in several high-profile events and private gatherings, including Abramovich’s famous New Year’s Eve party in St. Barts. In

Conclusion

Mukesh Ambani’s Antilla and Roman Abramovich’s Eclipse are excellent examples of how the world’s wealthiest individuals can indulge in their luxurious lifestyles.

Both structures are impressive feats of engineering and design, featuring amenities and features that are beyond the reach of most people. The cost of construction and ownership demonstrates the incredible wealth and power of these individuals, and while their purchase of these extravagant homes and yachts may seem excessive to some, it’s clear that these billionaires value superior quality, comfort, and style.

5) Larry Ellison’s Hawaiian Island

Larry Ellison, co-founder of software giant Oracle, made headlines in 2012 when he purchased 98% of Lanai, one of Hawaii’s smallest inhabited islands. With an area of 90,000 acres, Lanai boasts stunning natural features such as pristine beaches with crystal-clear waters, rugged cliffs, and forests.

Located in the heart of the Pacific Ocean, the island is home to two Four Seasons resorts that attract high-end tourists and wealthy individuals. The resorts offer world-class amenities like championship golf courses, private beaches, swimming pools, spas, and fine dining restaurants.

Lanai also has a small town with a population of around 3,200 people. Larry Ellison’s vision for the island is to turn it into a sustainable, eco-friendly destination with a focus on agriculture and energy production.

The billionaire has invested in water desalination facilities and solar power projects to reduce the island’s energy dependence. Ellison’s purchase of Lanai was reportedly worth $300 million, and his purchase reflected his interest in energetically transforming the island into a world-class luxury destination for visitors worldwide.

Larry Ellison reportedly hasn’t ruled out further investments in Lanai as he continues his sustainability and development initiatives for the small island. 6) Prince Alwaleed bin Talal’s Airbus A380 Flying Palace

Saudi Arabian billionaire Prince Alwaleed bin Talal invested a staggering $319 million into his customized Airbus A380 double-decker superjumbo jet.

The aircraft, nicknamed the “flying palace,” is worth almost six times as much as a standard A380. The plane features three floors and spreads over 8,000 square feet, which includes a garage that can house Rolls-Royce cars, two elevators, a prayer room, a concert hall with a baby grand piano, a children’s playing area, and a spa.

In addition, the plane features a private bedroom with a king-size bed, a dining area that seats 14 people, several lounge spaces, and a staff room for attending crew members. The aircraft can also comfortably accommodate up to 800 passengers.

Prince Alwaleed bin Talal’s Airbus A380 also features a stable that can accommodate horses. The horses are trained to be comfortable on the aircraft and can participate in exhibitions on the prince’s travels.

Overall, the “flying palace” is considered to be one of the world’s most luxurious airplanes, and it is reported that the prince invested millions in transforming his aircraft into an ultra-luxury airplane. Unfortunately, the aircraft was previously seized by a creditor of Prince Alwaleed’s company, Kingdom Holding, in 2017, in a corruption investigation carried out by the Saudi Arabian government.

However, as of 2019, reports suggest that the airplane has been returned to its owner.

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Conclusion

In conclusion, Larry Ellison’s vast investment in the small Hawaiian Island of Lanai reflects his passion for developing the island and making it attractive to wealthy vacationers worldwide.

His vision for sustainability on the island also shows his deep concern for the environment and its future. On the other hand, Prince Alwaleed bin Talal’s Airbus A380 stands out as one of the world’s most luxurious private planes, with its extensive features and expensive price tag.

The prince’s lavish lifestyle

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