Money certainly does not grow on trees, but these celebrities spend their money as if there is no tomorrow.
So, here is a look at the 5 biggest money spenders in show business who have spent outrageous sums of money at different points in their lives.
1. Tom Cruise
Tom Cruise, the blockbuster king, is among Hollywood’s highest paid celebrities. According to reports, Tom Cruise had purchased a $20 million customized gulfstream jet for Katie Holmes, his pregnant fiancée at that time, as a wedding present. The Hollywood hunk not only wanted his then wife to share his appreciation for flying, but also wanted to give her something better than just an expensive wedding ring. Allegedly, Tom Cruise also pays $50,000 every week to the bodyguards he hired for his daughter.
2. David Beckham
Victoria Beckham is one lucky woman to be showered by David Beckham’s attention and love. In fact, the retired football star had purchased a 7 figure vineyard Napa Valley, California for his wife for her birthday. The couple happens to be wine aficionados for quite some time. David Beckham gave his wife a bottle of wine that had her name on it to reveal the seven figure birthday surprise while they were on their way to the winery. Beckham also owns a $22 million estate with his wife in Beverly Hills.
Considering that Beyoncé and her husband Jay-Z have a combined fortune of more than $100 million, it is not surprising that the power couple spend outrageous amounts of money in one time. For Jay-Z’s 41st birthday, Beyoncé had given him a $2 million Bugatti Grand Sport, the then world’s fastest street-legal car, as a gift. Recently, the couple had also purchased a L50,000 diamond-encrusted Baribie doll for their daughter’s first birthday. Even more outrageous, the couple spent $100,000 at an Atlanta club on booze.
4. Elton John
Elton John had purchased a $2 million flat for his son who was just a couple of months old back then. Elton John made sure that his son, who is 4 years old now, was pampered beyond belief with lavish amenities and VIP treatment. The little John even has two nannies who make sure he was well taken care of whenever Elton John is away. Recently, after Elton John sued his management team, he was questioned in High Court about having spent 40 million pounds in 20 months on flowers.
5. P. Diddy
P. Diddy, the rapper mogul, has been among the world’s most successful rap artists for quite some time. There are quite a few businesses running under his name, including a clothing line, a movie product company, his own record label and two restaurants. P. Diddy spent $360,000 on a Maybach as a gift for his son’s 16th birthday. Recently, P. Diddy himself Tweeted about his intenstions to visit a strip club in Miami and “throw at least 2 mill” to apparently break his own record.