$4.8 Billion Yacht? Seriously?

What is the most expensive yacht in the world? You might want to sit down before you read the next sentence. The most expensive yacht in the world is the $4.8 billion, gold plated, History Supreme that was built for a one very wealthy and very anonymous Malaysian multi-multi-billionaire. The History Supreme is a 100 foot yacht that is adorned with 100 thousand kilograms (220,000 pounds) of solid gold and platinum. It also features some of the rarest and most un-obtainable decorations found in the universe. The History Supreme was built by UK based Start Hughes and Company and took over three years to complete.

In case you were wondering, $4.8 billion is 5 times more expensive than the #2 most expensive Yacht in the world, the $800 million Eclipse which is owned by Russian billionaire Roman Abramovich. For $4 billion less, the Eclipse is 557 feet (457 feet longer than the History Supreme) and features an anti-missile defense system, helicopter (plus landing pad) and an anti-paparazzi laser shield that scans and blocks nearby prying camera lenses. So what does the the extra $4 billion buy? Every single rail, deck, staircase, dining table and the anchor on the History Supreme is wrapped in solid gold or platinum. The entire base of the boat is wrapped in a thin layer of solid gold. The master bedroom is decorated with rocks from a meteorite, a 68 kilogram 24-carat gold aquarium and an actual bone from a Tyrannosaurus Rex! Also on board you may find your self drinking out a liquor bottle that features an extremely rare 18.5 carat diamond worth $45 million on its own.

Some speculate the the owner of the most expensive yacht in the world is Malaysian billionaire Robert Kuok who has a net worth of $14.5 billion. Kuok is the richest person in Southeast Asia and made his fortune from a wide range of businesses including sugarcane plantations and hotels. He is nicknamed the “Sugar King of Asia” but if he really is the owner of the History Supreme, perhaps his nickname should be the “Yachting King of the World”

Barack Obama Will Make An Astonishing Fortune Off Second Term

When Barack Obama first entered the White House, his net worth was $1.3 million. Four years later that net worth has grown to 800% to $11.8 million! How did this growth happen? Two words:BOOK SALES. Prior to becoming POTUS, Barack Obama earned roughly $60,000 per year as an Illinois state senator and $174,000 per year when he eventually became a United States Senator. Interestingly, back then Barack was not the big bread winner in the family, Michelle was. In her position as the Vice President of Community Affairs for the University of Chicago Hospitals, Michelle Obama was earning nearly $320,000 a year in salary before her husband became the most powerful man in the world.

Barack’s wallet began to expand after his much praised keynote speech at the 2004 Democratic National Convention that marked his explosion onto the national conscience. As Obama’s profile rose, so did sales of his 1995 book “Dreams from My Father: A Story of Race and Inheritance”. In 2005, the Obama’s income grew from around $200,000 to a combined $1.7 million! In 2006 the Obamas reported income of $916,000. Barack’s second book “Audacity of Hope”, released in October 2006, was a massive hit, selling millions of copies and rocketing the Obama’s income to $4.2 million in 2007! Their income continued to swell in the following years thanks to Barack’s 2008 successful campaign and election.

How Much Money Will Lance Armstrong Lose From His Scandals?

In the wake of the USADA’s report Lance Armstrong was dropped by every single major sponsor including Nike, Annheuser-Busch, Radio Shack, Oakley and Trek Bicycle Corp. Armstrong also lost several lesser known endorsement deals and will unlikely be commanding six figure speaking engagements or appearance fees anytime soon. The loss of these endorsement deals are expected to cost Lance $30 million over the next few years alone.

In addition to losing out on endorsement dollars, this morning the International Cycling Union announced that they were stripping Lance of all seven of his Tour de France victories. This latest blow will likely mean that Lance will be required to pay back $4 million in prize money he earned for those victories. As if that wasn’t painful enough, with each Tour victory, Lance also received performance incentive bonuses from his US Postal Team. In total, Armstrong received $7.5 million between 2002 and and 2006 in bonuses which were paid out by a Texas based insurance company called SCA Promotions. SCA Promotions sued Armstrong back in 2005 over $5 million they refused to pay amid his steroid allegations. They ended up losing the lawsuit and had to pay the full $5 million plus another $2.5 million in damages.

So in the short term, Lance is likely going to have to pay back $12.5 million in bonuses and prize money. Plus he will lose a minimum of $30 million in short term endorsement dollars. But the real blow to Armstrong’s wallet will happen in the long run since his reputation as a champion and philanthropist has been decimated. It’s conceivable that over his lifetime, Lance Armstrong will lose hundreds of millions of dollars personally. Fortunately his net worth today is still hovering around $125 million, so he should be able to weather the storm and still have lots of dough. Just might not have very many friends to spend it with.

Baller’s $22K Gold Shirt Is Goldest Shirt Ever

Don’t be fooled by Indian businessman Datta Phuge’s walrus-like mustache and demure facial expression. The man’s a world-class baller. Just take a whiff of his $22,700, gold, short-sleeved shirt. Smells like some good, old-fashioned cha-ching! So why did Phuge hire 15 goldsmiths to create this shining combination of gold thread, velvet, and Swarovski-crystal-adorned buttons that’s almost made us forget about Kanye West’s crystal mask? “I know I am not the best looking man in the world,” he says, “but surely no woman could fail to be dazzled by this shirt?” Surely no.

Well, even if it doesn’t work for him, at least he gave the world this amazing photo. Now will one of you go and make a meme out of this already?