The Most Expensive Things in the World Today

These modern times can imply that millionaires have access to modern means to waste money, lots and lots of money. However, if you are interested in purchasing and possessing products that come with a large price tag, here is a list of the most costly things in the world, some of which perhaps can only be afforded by members of the royal family or the richest of the wealthy people.

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Now, to look at the expensive items only billionaires can have, let’s begin with the most obvious.

Jewelry and Accessories Fit for the Royal Family

Diamonds, which are a type of pricey jewel, are naturally at the top of the list of things that spring to mind when one thinks of expensive commodities. It is not shocking to learn that a pink diamond is the most costly thing in the world, but you should learn about this extremely expensive jewelry watch named the Graff Diamonds Hallucination.

Graff Diamonds Hallucination Watch | Photo from ablogtowatch.com | https://www.ablogtowatch.com/wp-content/uploads/2014/06/Graff-Hallucination-4.jpg

You just need to take one glance at this watch to realize that it is covered in diamonds, which means that the price tag is something that most people cannot ever begin to fathom. The Graff Diamonds Hallucination watch was introduced earlier in 2022 at Baselworld, which is widely regarded as the most important marketplace for timepieces, jewelry, and gemstones.

Laurence Graff, the Chairman of Graff Diamonds, came up with the concept for this $55 Million Quartz Watch all on his own. It is a sculptural showcase that incorporates multi-colored diamonds, including pink, blue, yellow, gray, green, and many more.

Since, one can’t help but notice that this watch looks like an expensive bracelet, shouldn’t we take a closer look at one which once belonged to the royal family?

Wallis Simpson and the Diamond Panther Bracelet | Photo from goldnews.com | https://www.goldnews.com.cy/assets/image/imagebig/6.-wallis-simpson.jpg

Specifically, this diamond panther bracelet was owned by Wallis Simpson, an American socialite and former Duchess of Windsor. Later, the most expensive bracelet in the world, made of diamond and onyx was exhibited in San Francisco, USA, from December 2009 to May 2010. Although it was already missing a few pieces, the bracelet is rumored to be presently owned by Madonna and was sold for $12.4 Million which is three times its estimated price.

Full-length Photo of the Diamond Panther Bracelet | Photo from sothebys.com | https://sothebys-com.brightspotcdn.com/dims4/default/a1effa6/2147483647/strip/true/crop/2000x2000+0+0/resize/2880x2880!/format/webp/quality/90/?url=http%3A%2F%2Fsothebys-brightspot-migration.s3.amazonaws.com%2Fb7%2F16%2F8e%2F7692a5f639504ad5797fb8b7c2905904a44afe24c7eac4f8d397c51f5d%2Fl10055-19-lr-1.jpg

According to capetowndiamondmuseum.org, this is the most expensive bracelet in the world, and in the list also came a ring and a necklace.

Pink Star Diamond Ring | Photo from npr.org | https://media.npr.org/assets/img/2017/04/05/ap_17088294714233_custom-a1f71b765ec8f8d4fae62dcc0d8df489c10e13d0-s1200-c85.webp

The estimated price tag of this ring is at $72 Million, and it is a pink oval-shaped, internally flawless, diamond. It is said that this was mined in South Africa in 1999, and from a 132.5 carat rough diamond, it was cut and polished to be the 59.6 carat creation it is today.

L'Incomparable Diamond Necklace | Photo from thejewelleryeditor.com | http://www.thejewelleryeditor.com/media/images_thumbnails/filer_public_thumbnails/filer_public/6a/c0/6ac0955e-a066-4999-9a55-beb3e5bad056/mouawad_incomparable_diamond_necklace.jpg__1536x0_q75_crop-scale_subsampling-2_upscale-false.jpg

The world’s most expensive necklace surely passes the look test. At $55 Million, the L’Incomparable Diamond Necklace features the world’s largest internally flawless diamond. This is a 407 carat step-cut diamond that is attached to a rose gold chain which holds other 91 white diamonds. Did you try counting? Maybe you did, ’cause all those diamonds definitely look like they cost all the money in the world.

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For those who are into music and the arts,

Have you ever heard of or seen a crystal piano? This question is in regards to the topic of gemstones. or at the very least fantasized about it, particularly if you have an interest in music.

Behold, at a price tag of $3.2 million, this crystal piano holds the record for the most costly piano ever sold anywhere in the world.

Crystal Piano | Photo from thepiano.sg | https://www.thepiano.sg/sites/thepiano.sg/files/styles/content_section_image/public/thepiano_images/content_section/2016/09/21/crystal-piano.jpg?itok=VsUPy6G4

This piano was made by the Crystal Music Company in the Netherlands, and they have been making these since 1996. This particular crystal piano, though, was sold to an anonymous buyer for the price mentioned above after the world-famous pianist Lang Lang used the instrument to perform at the 2008 Beijing Olympics.

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Moving forward, despite the fact that most people are discouraged from pursuing careers in the arts, artwork is consistently included on lists of the most valuable items in the world.

Truly, masterpieces that are shown in museums are priceless, but if one were to put a price tag on the Mona Lisa painting, theculturetrip.com says that it could easily be the most expensive painting in the world at $700 Million USD.

Mona Lisa by Leonardo da Vinci | Photo from theculturetrip.com | https://img.theculturetrip.com/1440x/smart/wp-content/uploads/2016/07/mona_lisa_by_leonardo_da_vinci_from_c2rmf_retouched1.jpg

If you’re asking, however, what is the most expensive painting that was sold, that would be The Salvator Mundi. However, it should be noted that while being one of the most expensive items in the world, this painting is also the most divisive one to date.

The UK-based news organization, bbc.com, summarizes a few controversies surrounding this painting that was bought by Saudi Arabia’s Crown Prince Mohammad bin Salman at the 2017 Christie’s Auction for $450 Million.

First, the painting is reported to be missing and speculators are unsure as to where the actual location of the painting is. Also, this artful illustration of Jesus Christ that was said to be commissioned by Louis XII of France in 1506 is now being questioned if this was an original creation of Leonardo.

The Salvator Mundi at Christie's Auction | Photo from bbc.com | https://ychef.files.bbci.co.uk/1600x900/p09snc6m.webp

Nonetheless, besides Leonardo da Vinci, art piece collectors also clamor over masterpieces by the genius Pablo Picasso. His works sell for around $100 Million per art piece. The most well-known, perhaps, is a painting that stands out from his famous art style.

This is the Garçon à la pipe was made by the genius Pablo Picasso when he was only 24 years old. To describe the art piece, it is a picture of a seated Parisian boy in his teenage years who is smoking a pipe while wearing a crown of roses.

Garçon à la pipe, 1905| Photo from artnews.com | https://www.artnews.com/wp-content/uploads/2021/06/Screen-Shot-2021-06-04-at-2.04.13-PM-e1623082943794.png?w=800

If you’re not only into art, but you’re also into photography, you might be interested in the most expensive photograph in the world. This is the Rhein II by German visual artist Andreas Gursky taken in 1999.

The print of this photo was auctioned in 2011 for $4.3 Million. Unbelievable? It is for you to judge. However, it is said that the Rhein II, the most expensive photograph, is a perfect representation of the true relationship of man with nature.

Rhein II Photograph | Photo from thetelamango.com | https://cdn.thetealmango.com/wp-content/uploads/2021/10/Rhein-II-photograph.jpg

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A Home with a Hefty Price Tag

People who have a lot of money typically want to buy something that is really expensive so that it can not only be put on display as a trophy but also be a fantastic investment. There are few things that can beat the value of a home as an investment. It’s possible that you’ve also considered this. A house is almost certainly going to be on the list of the most costly items in the world.

So, where is the most expensive house in the world today?

Get acqu ainted with the second most expensive home first which is the Villa Leopolda. The house was built King Leopold of Belgium in 1902 in the French Riviera in Nice, France. Lying on an 8-hectare land, this house served as a hospital in the second World War. The price tag? Over $500 Million.

Villa Leopolda | Photo from amazing.zone | https://amazing.zone/fotosblog/max/VILLA_LEOPOLDA_3X_VISTA_A%C3%89REA_AMPLIA.jpg

What house can cost more money than one located in the French Riviera? One that is located in South Mumbai, at the Altamount Road, a street that is a league on its own.

Antilia | Photo from designaddict.com | https://designaddict.com/wp-content/uploads/2020/02/1yL5-FBWBGY3AbBLHc2Vgsw.jpeg

The world’s most expensive home is owned by Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited. The hefty price tag on this one? $1 Billion. You might be thinking if this costs more than the Buckingham Palace. Well, no. Living in the palace would cost $1.6 Billion, but that would not be feasible.

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For Interior: A Magnetic Floating Bed

A magnificent exterior would call for a noteworthy interior. One furniture which best fits modern billionaires would be the magnetic floating bed. This one will surely look good in a grand yet uber modern master bedroom.

Magnetic Floating Bed | Photo from dornob.com | https://dornob.com/wp-content/uploads/2010/09/floating-bed.jpg

Seven years of study went into this seven-digit floating sleeping bed made by architect Janjaap Ruijssenaars. For a bed which costs $1.6 Million, this definitely is on the list of the most expensive things. Being unsure as to what makes this more beneficial than a normal bed, some consider this as another plaything for the rich.

Just Like Cars

Playthings for the rich? An expensive car should totally be on the list.

1963 Ferrari 250 GTO | Photo from forbes.com | https://imageio.forbes.com/blogs-images/msolomon/files/2018/07/https_2F2Fblogs-images.forbes.com2Frebeccalindland2Ffiles2F20182F062FMO18_1962_Ferrari_250GTO_003-1200x800.jpg?format=jpg&width=960

According to forbes.com, only 36 units of this expensive car were produced and that is the reason why when one goes on sale or on auction, it becomes a massive event. Records show that the most expensive one was sold through a private transaction to WeatherTech founder and CEO David MacNeil for $70 Million.

For fancy cars, there is an expensive parking space waiting for it in downtown Manhattan for $1 Million. Reportedly, there are two condo developments in Ney York that charges such amount of money for parking spots.

But, other than a car, an expensive yacht is also a thing for billionaires.

History Supreme | Photo from luxurylaunches.com | https://luxurylaunches.com/wp-content/uploads/2011/07/history-supreme-yacht-1-1170x722.jpg

The History Supreme Super Yacht is the most expensive yacht ever sold. For $4.8 billion, an unnamed Malaysian investor purchased it. This item is the most expensive on the list, costing in billions.

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With all the expensive things, which may be major discoveries, presented here, make sure to spend your money for things that truly matter. Hence, here are good investments for you to consider: Why luxury real estate investment stands out