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How he blew $14.8 Billion Dollars....


Grubrunner

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Prince Jefri Bolkiah, the playboy brother of the Sultan of Brunei, led an exorbitantly lavish lifestyle until his assets were frozen and many of his positions sold off.

 

In fact, he "has probably gone through more cash than any other human being on earth," according to an extensive story chronicling the prince and his ongoing $23 million legal battle with his former lawyers in the July issue of Vanity Fair [HERE].

 

At one point, he was reportedly spending $50 million a month.

 

Prince Jefri's fairy tale life came crashing down after authorities discovered that Jefri had personally blown through $14.8 billion from a government oil investment fund he was purportedly overseeing.

 

And he remains embroiled in a legal battle with his former attorneys

 

Some of the highlights --

 

 

 

* He owned a collection of 2,300 cars; mostly Bentleys, Ferraris, and Rolls-Royces

 

* As well as eight private planes and a helicopter.

 

* At one point he was forced to surrender five diamonds, worth $200 million, to the Brunei Investment Agency

 

* He paid $1.3 million for erotic fountain pens and $10 million for eight jewel-encrusted watches that depicted couples having sex

 

* He gave one of his consorts a necklace that she later auctioned off for $100,000 at Christie's

 

* He commissioned the artist J. Seward Johnson to create $800,000 sexually explicit statue, purportedly of himself and his ex-fiancée

 

* His fleet of five boats included a yacht named ****; its tenders were named Nipple 1 and Nipple 2

 

* He owned a collection of five-star hotels including the New York Palace and Hotel Bel-Air in Los Angeles

 

* He purchased Asprey, the London jeweler to the Queen, for $385 million

 

* He paid $17 million for Michael Jackson to perform at his 50th birthday, at a stadium custom-built for the event

 

* He bought a $7 million rug woven of gold thread and embroidered with jewels

 

* He bought the former Playboy Club in London for $34 million, more than four times the market price

 

* He once paid $1.5 million for a badminton coach

 

* He once imported Joe Montana and Herschel Walker to teach his son football at a cost of seven figures each

 

Source: HERE

Edited by Dylan@Adams
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Wow! If I had that much money, I guarantee most of it would go to helping the less fortunate and I would still have plenty to play around with. That is just waaaay too much money for one person to waist.

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As much as I would like to have a fleet of cars, what in the world does one do with 2300 cars. You can't drive all those, how could you even get 2300 different cars, are there that many different styles? wow

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As much as I would like to have a fleet of cars, what in the world does one do with 2300 cars. You can't drive all those, how could you even get 2300 different cars, are there that many different styles? wow

 

Throw in different colors of the same [type] car as well as custom designs and those numbers really rack up.

 

But I agree..... it defies the principles of logic as is just plain asinine.

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