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Presenting The Most Ridiculous Things Ever Bought By Billionaires

Tyler Durden's picture




 

Despite the protestations of an indignant Ben Bernanke, seven years of global QE have not only failed to ignite the illusory "trickle down" wealth effect but have in fact served to widen the gap between the rich and the poor the world over.

The explanation for this phenomenon is simple: when you deliberately inflate the value of the assets most likely to be concentrated in the hands of the wealthy, the class divide will grow in lockstep. 

Perhaps the best evidence of the above can be found on Wall Street where Jamie Dimon and Lloyd Blankfein have now become billionaires. Because we wanted to do our part to help Jamie and Lloyd decide what to buy now that their wealth is virtually inexhaustible, we present the following video which counts down the 10 most absurd examples of conspicuous consumption in modern history.

Enjoy. 

 

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Sat, 07/25/2015 - 20:24 | 6354394 Surly Bear
Surly Bear's picture

What? Where are the politicians?

Sat, 07/25/2015 - 20:24 | 6354404 Waylon Bits
Waylon Bits's picture

Notice that none of them have bought Bitcoin?

Sat, 07/25/2015 - 20:33 | 6354427 PrayingMantis
PrayingMantis's picture

 

 

... no Red Shields? ...

 

     ... wait, they are Trillionaires ... nevermind ... ;)

Sat, 07/25/2015 - 20:36 | 6354432 Hugh G Rection
Hugh G Rection's picture

That's why they bought Reuters, AP and everything else... So they don't end up on lists like these.

Sat, 07/25/2015 - 20:58 | 6354473 Bunghole
Bunghole's picture

Precisely.

Why do you think those websites dont allow comments.

Sat, 07/25/2015 - 21:53 | 6354618 clymer
clymer's picture

I dunno. The IKEA guy seems down to earth, amirite?

Sat, 07/25/2015 - 22:48 | 6354756 Divine Wind
Divine Wind's picture

 

 

 

Agreed.

There are many in the U.S. who, after living through the Great Depression, lived incredibly frugal lifestyles afterwards and as a result, amassed huge fortunes.

 

Sat, 07/25/2015 - 23:44 | 6354824 Oh regional Indian
Oh regional Indian's picture

Line up all the denizens of Cap-i-TOOL hill and THAT is the strangest things that billionaires ever bought....

Ugly as fuck too..

Sun, 07/26/2015 - 02:26 | 6355035 James_Cole
James_Cole's picture

Ingvar Kamprad is a cheapass and... also a former member of the swedish nazi party. So there's that.

http://www.telegraph.co.uk/history/world-war-two/8720214/IKEA-founder-wa...

Sun, 07/26/2015 - 08:48 | 6355311 Agstacker
Agstacker's picture

You know, James Cole gets shot at the end of the movie-

 

https://www.youtube.com/watch?v=2gaAdhiF77g

Sun, 07/26/2015 - 17:30 | 6356657 Free Spirit
Free Spirit's picture

Ingvar Kamprad was a member of the swedish nazi-party when he was 17 years old in 1943 at a time when we knew absolutely nothing about german war crimes. Since he has german ancestors it is not surprising that he supported Germany and its regime in wartime before we got knowlege of theri warcrimes. May I remind You that there were several americans including a certain Joseph Kennedy that also supported the nazis before their warcrimes became known....

Mr Kamprad is a selfmade multibillionaire who started with two empty hands and in his lifetime has built up the worlds largest furniture business. Before he converted his personal ownership of Ikea into a trust Forbes estimated his fortune to 33 billion USD. A fortune that at the time made him the fourth richest person in the world according to Forbes. According to estimates by some swedish business magazine his fortune may have been more then double that amount.

And yes, he is a very original entrepreneur and admired by us swedes for his success in combination with his frugal way of life. I would never call him a "cheapass".

Sat, 07/25/2015 - 21:00 | 6354476 ThrowAwayYourTV
ThrowAwayYourTV's picture

Ever watch "American Blackout" https://youtu.be/FYoXxVnTePA

So much for BitCon then.

I love the part when one guy offers another guy a Rolex watch for a gallon of water and the guy says, "What the fuck am I going to do with a watch?"

Sat, 07/25/2015 - 22:30 | 6354723 AGuy
AGuy's picture

"I love the part when one guy offers another guy a Rolex watch for a gallon of water and the guy says, "What the fuck am I going to do with a watch?""

OK, then, what about some Ikea Furniture? If you willing to throw in a can of beans, I'll even assemble the chair for you, Deal? :)

 

Mon, 07/27/2015 - 02:18 | 6357970 mkhs
mkhs's picture

Where is the part of the job involving blowing?

Sat, 07/25/2015 - 21:01 | 6354481 RatNuts
RatNuts's picture

Forget the politicians, where are the bankers on this list...

Sat, 07/25/2015 - 22:35 | 6354738 MotherAyahuasca
MotherAyahuasca's picture

.....it's funny-cause it doesn't follow us when we leave...

watch/learn/enjoy for yourself...

https://www.youtube.com/watch?v=3y7ah7a6BmQ

 

Sun, 07/26/2015 - 00:07 | 6354913 A Nanny Moose
A Nanny Moose's picture

Please limit your choices to the ridiculous. Purchased politicians is not ridiculous, it is their purpose.

Sat, 07/25/2015 - 20:23 | 6354402 813kml
813kml's picture

Congress should be top of the list.

Sat, 07/25/2015 - 20:25 | 6354410 Hugh G Rection
Hugh G Rection's picture

Israel has it figured out...

Haim Saban owns the democrips and Sheldon Addleson has the rebloodlicans.

 

Woohoo, USA USA!

Sat, 07/25/2015 - 21:00 | 6354478 Bunghole
Bunghole's picture

We be gettin' fooked.

Enjoy goyim

Sat, 07/25/2015 - 20:25 | 6354413 Able Ape
Able Ape's picture

ASSholes except for Mr. Ikea....

Sun, 07/26/2015 - 03:51 | 6355103 TheRedScourge
TheRedScourge's picture

Unless you're one of those who still thinks exploiting tax loopholes is an asshole move, in which case you may be interested to know that "Mr. Ikea" set up a charitable foundation and much of the Ikea company revenue is funnelled through that, so as to avoid taxes.

 

I however congratulate his innovation in avoiding paying for new "toys" for the psychopath politicians.

Sun, 07/26/2015 - 01:11 | 6354418 NihilistZero
NihilistZero's picture

Now, don't hang on.   Nothing lasts forever but the earth and sky.  It slips away, and all you money won't another minute buy.  Dust in the wind.   All we are is dust in the wind...

Sat, 07/25/2015 - 20:42 | 6354445 shovelhead
shovelhead's picture

I want my own aircraft carrier.

In pink.

Sat, 07/25/2015 - 21:20 | 6354530 palmereldritch
palmereldritch's picture

Your attack jet fighters better be transgender

Sun, 07/26/2015 - 00:13 | 6354915 A Nanny Moose
A Nanny Moose's picture

Agree. I will declare my carrier a sovereign nation.

I also want a pygmy giraffe.

Sun, 07/26/2015 - 10:32 | 6355540 roddy6667
roddy6667's picture

I want a motorboat with 3 propellers.
-Ralph Kramden

Nobody else here is old enough to remember this one

Sun, 07/26/2015 - 11:52 | 6355782 Ralph Spoilsport
Ralph Spoilsport's picture

There's a few of us here that remember watching "The Honeymooners" with Jackie Gleason and Art Carney.

"To the moon, Alice!"

Sat, 07/25/2015 - 20:54 | 6354470 ThrowAwayYourTV
ThrowAwayYourTV's picture

Doesn't really matter what they own, the ending is the same for them as it is for the guy living under a cardboard box under a bridge.

Sat, 07/25/2015 - 21:13 | 6354515 KennyW
KennyW's picture

True, but it's what you do before the end comes that's important.

Sat, 07/25/2015 - 21:13 | 6354516 logicalman
logicalman's picture

The destination is the same.

The quality of the transport seems to vary quite a bit, however.

Sat, 07/25/2015 - 21:18 | 6354526 themisanthrope
themisanthrope's picture

True, but they're very different rides to that end.

Sun, 07/26/2015 - 05:02 | 6355139 monad
monad's picture

I disagree. First we all get 24/7, no more or less. We all move through it 1 moment at a time. We all have pretty much the same range of emotional capacity, everybody has a best and a worst memory. The guy in the cardboard box might be Diogenes, the billionaire, Alexander (Tsipras). Diogenes amused himself well, masturbating in public and publically ridiculing Plato (Krugman) at every opportunity. His neighbors brought him food. They even brought him a new barrel to live in. Sleeping outdoors in the Greek climate was easy. He may have had some issues (~.~) but he lived happily, within his means, many more years than poor Alexander (Tsipras), whose job ran his life and eventually got on top of him. They are both equally immortal in the chronicles.

There are some things money can't buy. We all want these too. The herd impels us toward the agenda of its alphas, so we take some of these for granted. Control of our lives - freedom. Productive relationships. Nurturing relationships. Satisfaction with where we are and where our lives are headed. A stable, predictable community. Opportunity conducive with our ambition, our aptitudes and our interests. Time to play. Justice. Revenge.

Look at the biggest yacht contest. This may be playful competition, but it may also be Carlin's "bigger dick" foriegn policy theory, in which case the man in the cardboard box who is happy with what he has, has something the driven guys don't. Obviously they have something he doesn't, so in the end its all a matter of preference. He's happy to live in a box, they are happy to work harder and play even harder.

If you get your values from outside, say from TV or that girl you want so much to bed who gets her values from TV, and you don't have the means to live those unrealistic, marketing Criminal instilled hyper-materialistic values, then you won't be happy no matter how many affordable * vouchers Crazy Barry gets for you. The box is in your head.

Sun, 07/26/2015 - 06:17 | 6355172 One of these is...
One of these is not like the others..'s picture

Well said.

Sun, 07/26/2015 - 08:23 | 6355254 monad
monad's picture

Diogenes was Krsna. So was Alexander.

So am I. So are you. So is V.

Roll with it.

On bank hours we do business. This is weekend chemistry.

Sat, 07/25/2015 - 21:03 | 6354488 Fahque Imuhnutjahb
Fahque Imuhnutjahb's picture

https://www.youtube.com/watch?v=4FeXUvEFanU&feature=youtu.be   Maybe Jamie & Lloyd will find time to watch this, tick tock.

Sat, 07/25/2015 - 21:11 | 6354508 CHC
CHC's picture

Mr. "Ikea" gets my vote.

Sat, 07/25/2015 - 21:34 | 6354562 palmereldritch
palmereldritch's picture

I am so glad that these incredible heroes did not cave to the public pressure of the accusations of superficial selfish retard tyrant children AND NOT pledge these funds instead to mitigating the ravages of global poverty, starvation and disease.  Once again....Kudos gentlemen!!

Sat, 07/25/2015 - 21:36 | 6354571 Caleb Abell
Caleb Abell's picture

"What? Where are the politicians?"

 

The list only addresses expensive things.  Politicians are relatively inexpensive to purchase.

Sun, 07/26/2015 - 00:03 | 6354898 Ms. Erable
Ms. Erable's picture

High-end prostitutes cost more on an annual basis than a congresscritter, and their trade is certainly a more honest one.

Sat, 07/25/2015 - 21:45 | 6354593 monad
monad's picture

Alwaleed is Holder!

Holder is Alwaleed!

 

Sat, 07/25/2015 - 22:14 | 6354677 jack stephan
jack stephan's picture

I like the last guy, reminds me of my depressionary time relatives.  Of course who would want the sultan of brunei name and money, and islands to write your name on would be a treat.   But I still like the last guy, hes a classic, drop him anywhere anytime and hed still be a classic.  The rest are prized whippets who break out in hives if a cheerio falls on the ground.

 

Sat, 07/25/2015 - 22:53 | 6354764 Ajax_USB_Port_R...
Ajax_USB_Port_Repair_Service_'s picture

re: That 20 story high-rise 'home' near the slums of Mumbai. Talk about a target with his name on it! Hope he's got 10 billion dollar subterranean safe room.

Sun, 07/26/2015 - 03:09 | 6355071 OldTrooper
OldTrooper's picture

Well, there are a a whole battalion of servants - maybe there's an armory somewhere in that place.

Sun, 07/26/2015 - 01:33 | 6354996 Saucy-Jack
Saucy-Jack's picture

Not ridiculous at all. How else do you save your wealth? US dollars?

Super producers need to put weath in tangibles in a fiat world gone crazy. Gold is priced too low to store wealth in it for now, but Freegold will change all that!

Sun, 07/26/2015 - 03:48 | 6355102 OldPhart
OldPhart's picture

"Gold is priced too low to store wealth in it for now, but Freegold will change all that!"

WTF?!!  Back the truck up NOW.  This is the time to be buying gold/silver/lead.

Sun, 07/26/2015 - 02:05 | 6355016 SmittyinLA
SmittyinLA's picture

#1President Baraq Obama

Sun, 07/26/2015 - 03:13 | 6355075 OldTrooper
OldTrooper's picture

30 million for daVinci's notebook.  I can see that.  Right smart of Bill to pick that up.  I'm a few million short of that (30 million short to be exact) but that would be cool to own.  Far better value that the 20k haircut or some of that crap "art".

Sun, 07/26/2015 - 05:31 | 6355150 Panic Mode
Panic Mode's picture

I like the video ending on a high note.

However, I notice all these billionaires spent on things that are actually ugly, apart from that ridiculous massive yacht.

Sun, 07/26/2015 - 05:48 | 6355155 roddy6667
roddy6667's picture

Before everybody gets too envious, don't forget that the rich gujys don't have the money. It changed hands, mostly into the hands of blue collar people who built these things.

Sun, 07/26/2015 - 11:13 | 6355664 Dr. Engali
Dr. Engali's picture

Here, have another glass of kool-aid.

Sun, 07/26/2015 - 06:33 | 6355175 Arnold
Arnold's picture

#11 Controlling block of Enron.

#12 Controlling block of Solyndra

 

#14 to infinity   Anything sold by Corzine, Madoff, Goldman, JPM, Bitcoin, Federal Reserve.

 

(Yes it is a wannabe list, if you can dream it, it can happen.)

Sun, 07/26/2015 - 09:21 | 6355369 q99x2
q99x2's picture

Being Q99X2 I could only watch the first two identity deficients before recognizing these were some of the ones with most wanted posters on them back on Q99X2. The posters have anticipated flaming launch dates from the tops of the 12 pyramids of justice on Q99X2 for late this year early 2016. I don't know if they'll be transmitting the events back to earth or not. If so you'll be able to see the bearded drag queens on fire flying for the length of about 5 football fields across the night sky.

Sun, 07/26/2015 - 10:23 | 6355514 privateparts501
privateparts501's picture

How about a  top ten list of the dumbest things ever bought by the stupid peasants.

Here's one for ya, it's called the PET ROCK!

Classmate of mine paid 5 dollars for a fucking rock.

Sun, 07/26/2015 - 10:40 | 6355571 Ex Cathedra
Ex Cathedra's picture

Best thing billionaires ever bought:  The GOP.

Sun, 07/26/2015 - 11:13 | 6355644 Dr. Engali
Dr. Engali's picture

Yeah, because that's the only party they own. Freaking idiot.

Sun, 07/26/2015 - 11:56 | 6355803 loregnum
loregnum's picture

Only the haircut is really ridiculous. Oh and the moron who had his name trenched into that island yet that is more ridiculous because of how stupid some humans are thinking they are gods.

The rest is fine. What are people supposed to do with their money? Be like that Ikea guy and be a miser? What the fuck is the point of making money if you aren't ever going to spend it? For some ego boost? If you have no real need for all that money like that Ikea guy then just give it away right away. Being a miser is worse than those who flaunt their wealth with expensive things.

It's annoying when people who aren't wealthy bitch and moan about what wealthy people do with their money. I'd rather see billionaires buying expensive stuff than being misers like the Ikea guy.

This also goes for others who may not be that rich but have 7+ figure net worths and don't actually use their money. Why did you work for all of it in the first place?

Mon, 07/27/2015 - 01:42 | 6357928 onmail
onmail's picture

The Government.

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