The Biggest Luxury Purchases of 2010

News & Trends: Wondering what the big guys are into? Seriously, if you had all the money in the world (or close to it), what would you buy? Here's a look at what the billionaires of the world decided they couldn't live without in 2010:

Two White (Unusable/Inedible) Truffles: Billionaire Stanley Ho, the casino king of Macau, purchased two White Italian Grand Champion truffles for $330,000 at a recent auction.

Two Antique Crane-Shaped Incense Burners: Hong Kong real estate magnate Joseph Lau paid $16.7 million for the birds at Christie's auction house.

A Rare 24.78-Carat Pink Diamond: London jeweler Laurence Graff snatched up the gem for a world record of $46 million and has renamed the emerald-cut stone "The Graff Pink."

Jasper Johns' Famous "Flag" Painting: American hedge fund billionaire Steven Cohen made the largest art purchase of the year by paying a rumored $110 million for the painting. He also purchased one of Andy Warhol's iconic Coca-Cola bottle paintings at auction for $35.4 million, well above the estimated auction price.

Kind of makes you wonder what the big purchases of 2011 will turn out to be?


Carly Zinderman

Carly Zinderman is a Senior Staff Writer for JustLuxe, based just outside of Los Angeles, CA. Since graduating from Occidental College with a degree in English and Comparative Literary Studies, she has written on a variety of topics for books, magazines and online publications, but loves fashion and style best. In her spare time, when she?s not writing, Carly enjoys watching old movies, reading an...(Read More)

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