Cars, homes, and passport stamps are every billionaire’s favorite collection items. The mega-rich spend millions on their exquisite homes, rare cars, and all-inclusive vacations, and understandably so. Who doesn’t want a huge house and a huge staff to clean it while you’re driving your luxury car to the airport for the next exotic vacation?
While these filthy rich splurges are understandable, billionaires don’t always blow their money on the most sensible purchases. Unquestionably, the most perplexing ways the mega-rich spend their money is on art. We don’t mean good art, though. We mean really, really weird and terrible art. But what are these terrible pieces and exactly how much cash did someone pay for them?
Blood Red Mirror by Gerhard Richter: $1.1 Million
Gerhard Richter is one of the most well-known contemporary artists in the world. Don’t forget that “contemporary artist” phrase, because you will be seeing it a lot in this list. His paintings are hailed as being controversial and go for millions of dollars every time he sells them. Sounds like this is probably a great piece of art, right?
Wrong. This canvas is literally one color. Just one, crimson red color. This painting is unique because for the low, low price of around 40 bucks you can actually make it yourself. Step one is to grab a canvas, step two is to paint it crimson red. Bam, we just saved you a million dollars.