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10 Most Expensive and Useless Things Celebrities Buy

10 July 2014

3.Kim Basinger – A Town – $20 Million

One of the most expensive and useless things celebrities buy is a… town.

Yes, you read that right, a town. Back in 1989, Kim Basinger decided that buying a whole town in Georgia for $20 million is a great investment. But it turned out it was not.

The actress wanted to turn Braselton into a tourist destination for movie studios, featuring makeshift movie studios and grand film festivals.

That never happened, the whole thing being a big (huge) bad investment. Basinger was forced to sell the town for just $1 million 5 years later, her declaring bankruptcy.

Well Kim, next time just buy a house, or even a hotel, but don’t go so big on towns.

10 Most Expensive and Useless Things Celebrities Buy

10 Most Expensive and Useless Things Celebrities Buy

Gold, gold, gold everywhere at #2!

NEXT: #2 Donald Trump – Gold-Plated Jet – $100 Million

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