The Richest Dead Celebrity

If you were to guess that Michael Jackson is the richest dead celebrity, you would be wrong, according to Forbes Magazine. The richest is Yves Saint Laurent, the French fashion designer, who made $350 million in the past year.

Jackson was third with $90 million, and Elvis Presley was fourth with $55 million.

Billionaire from France Building Electric Car Batteries in Canada

Vincent Bollore, a French billionaire, announced that his company, Bollore Group, will put $120 million in a lithium-metal-polymer technology battery-producing factory near Montreal. Bollore has a net worth of $1.4 billion.

Highest Priced Arab Art Just Auctioned

Christie's in Dubai just held an auction of Arab art raising $6.7 million from the sale of the artworks. The highest priced item in the sale was a double calligraphy by Egypt's Ahmed Mustafa, which was hammered at $662,500.

What is the Most Expensive Item on Amazon?

As most online consumers are aware, you can buy a lot more than books on Amazon. As a matter of fact, you can buy just about everything. Have you ever wondered what the most expensive item is that Amazon sells?

In the clothing department, there is the Sable Fur Coat with Full Length Shawl Collar at $49,995. If you like sports collectibles, you can acquire a Thurman Munson Autographed/Hand Signed Baseball for $76,666.

The most expensive jewelry item right now is the Platinum Sapphire and Diamond Necklace from VAN CLEEF & ARPELS for $1,200,000. Or if that is too rich for your blood, there is the Platinum Diamond Riviera Necklace for $1,150,000.

If you need to spruce up your home with a new chandelier, you might want a cascade chandelier by Vincent van Duysen for Swarovski. It weighs 661 pounds and sells for $322,237.

Finally, if you are in the market for a wristwatch, buy the Breguet Classique Complications Tourbillon Messidor Mens Rose Gold Watch at $131,669.99.

Finally an Auto Rebate for Rich People: Over $40 Grand

If you are a Colorado resident, this is your lucky year. A $42,083 rebate is available through the form of a Colorado income tax credit for purchasers of an all-electric Tesla Roadster before December 31. This works out to about a 38% discount off the MSRP price of the vehicle.

The World's Most Expensive SUV

Have an extra $1,653,800 available? If so, you can purchase the Dartz Prombron Monaco Red Diamond Edition SUV, which includes diamond encrusted speed gauges, gold plated windows, and seats that are made with leather from a male whale's sexual organ. The outside of the car is covered with bulletproof Kevlar coating. To top it off (no pun intended), the vehicle comes with three bottles of Russo-Baltique vodka.

Billionaire Hedge Fund Manager Sued by Sri Lanka Victims

Raj Rajaratnam, a portfolio manager for the hedge fund Galleon Group has been sued by victims of violence in Sri Lanka who claim that he helped finance separatist rebels called the Liberation Tigers of Tamil Eelam. Rajaratnam, was one of several fund managers charged last week with conspiring to trade securities with inside information.

Elvis Hair Sold for Over $18,000

If you missed out on the auction of Elvis Presley's hair, you might be surprised to know that the big hunk of hair, more than just a lock, sold for $18,300 including buyer's premium, while it had an estimate of $8,000 to $12,000.

Some of the other high priced items in the Leslie Hindman Auctioneers auction of Elvis memorabilia include an EP Monogrammed Cream Collared Cotton Shirt worn by Elvis which was hammered at $62,800 (estimate of $2,000 and $4,000), an ultrasuede red shirt worn by Elvis which went for $34,000, and a 1960 Inscribed Elvis Presley Picture Sleeve which went for $10,370. A photo album of original photographs of Elvis Presley also sold for $7,930, and an Original 1954 Elvis Presley Sun Records Thats All Right 78rpm Single.

Looking for a Unique Place to Stay on Vacation

How would you like to stay at a rotating hotel, guaranteeing all guests a view, at least for part of the day. The Šolta Island Resort is the place to stay on the Adriatic Sea. It spins 1.3 times per day.

You Can Buy Elvis Presley's Hair

Tomorrow, October 18, Leslie Hindman Auctioneers in Chicago will be auctioning off a lock of hair from Elvis Presley. The hair is expected to fetch between $8,000 and $12,000. Other Elvis Presley memorabilia will also be sold at auction.

Lehman Artwork to be Auctioned

Freeman's Auctioneers and Appraisers is holding an auction of modern and contemporary art from the Lehman Brothers Collection on November 1 at Noon in Philadelphia, Pennsylvania. The auction will feature works in all price ranges, including several items without any reserves. This is your chance to pick up some bargains. Exhibition Dates are Thursday, October 29th 10am-6pm, Friday, October 30th 10am-6pm, and Saturday, October 31st 12pm-5pm.

There are several prints available with scenes of New York City and the New York Stock Exchange with estimates of less than $1000.

If you can't make it to Philadelphia, you can always bid online.

Billionaire Donald Trump is Getting into Network Marketing

Donald Trump, one of the Forbes 400 billionaires, is getting into the multilevel marketing business, selling nutrition, energy, and weight loss products.

Nicolas Cage is Taking Offers on His House: Minimum Bid $9.9 Million

Nicolas Cage owns an 11,800 square foot home with six bedrooms, nine bathrooms, and five fireplaces. The mansion was formerly owned by Dean Martin and Tom Jones. Cage has had it on the market for a while at $17.5 million, but is now seeking sealed bids with a minimum of $9.9 million.

Add Private Islands to Your Holiday Shopping List

As long as you are putting together your holiday shopping list, you might want to add a private island. Great Sale Cay in the Bahamas is offered at $9,900,000. It has a whopping 370 acres.

Then there is the 265 acre Caye Chapel Island in Belize, which includes eight beachfront villas and 11 marina view casitas with a Par 72, 18-hole championship golf course, a deep water marina, a paved private airstrip, a huge formal clubhouse and a restaurant. The price is only $75,000,000.

Want an American island? Great Hans Lollik Island is located in the U.S. Virgin Islands and is about 500 acres in size. The price is only $45,000,000.

His and Hers ICON Sports Aircraft $250,000

It's that time of year already. The Neiman Marcus Christmas Catalog is out, so now is your chance to buy His and Hers ICON Sports Aircraft for a price of $250,000. Or how about a Customized Cupcake Car for $25,000, a Mission One Electric Motorcycle (the world's fastest electric motorcycle) for $73,000, or maybe just a 2010 Jaguar XJL Supercharged Neiman Marcus Edition automobile for $105,000.

Net Worth of Billionaire Bill Gates Drops by $7 Billion

Microsoft (MSFT) founder Bill Gates hasn't been immune from the recession. His net worth dropped by $7 billion making him worth only $50 billion. The net worth of Paul Allen, Steve Ballmer and Dell's (DELL) Michael Dell also dropped. However, Amazon's (AMZN) Jeff Bezos net worth went up by $100 million to $8.8 billion.

Author owns MSFT and AMZN.