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Celebrities

An US$8 million preserved shark – and 9 other things billionaires like to buy

STORYBusiness Insider
Billionaire entrepreneur Sir Richard Branson – who bought himself Necker Island in the British Virgin Islands for about US$320,000 dollars in 1979 – hopes to send wealthy travellers on suborbital space flights aboard his Virgin Galactic spacecraft. Photo: Fred Prouser
Billionaire entrepreneur Sir Richard Branson – who bought himself Necker Island in the British Virgin Islands for about US$320,000 dollars in 1979 – hopes to send wealthy travellers on suborbital space flights aboard his Virgin Galactic spacecraft. Photo: Fred Prouser
Luxury CEOs

Wealthy must-haves include financier Steve Cohen’s Damian Hirst tiger shark art, Tesla boss Elon Musk’s James Bond car, and Nicolas Cage’s dinosaur skull

When you have more money than you know what to do with, it might not seem such a big deal to spend US$8 million buying a preserved shark, US$2.2 million on a gold bathtub, or millions more on luxurious superyachts and private islands.  

Business Insider previously calculated that the typical billionaire can afford to spend US$80 million a year.

Here are 10 outrageously expensive things millionaires and billionaires spend their money on.

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1. Tickets to outer space

The Virgin Galactic spacecraft, which entrepreneur Sir Richard Branson says is only a few test flights away from taking wealthy travellers into space,
The Virgin Galactic spacecraft, which entrepreneur Sir Richard Branson says is only a few test flights away from taking wealthy travellers into space,

American actor Ashton Kutcher and singer Katy Perry are among the celebrities who have reportedly bought tickets for a space tour aboard Richard Branson's Virgin Galactic spacecraft.

The space flight company, which is part of the Virgin Group, has been developing commercial spacecraft and aims to take wealthy travellers on suborbital space flights.

Kutcher put down a US$20,000 deposit for his US$200,000 ticket in 2012.

Perry bought a US$200,000 Virgin Galactic ticket in 2010 for her then-husband Russell Brand, the English actor and comedian, as a birthday gift.

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