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Brothel for Sale $196,779

For the billionaire who has everything! How about buying a brothel located in Harris County, Texas. The county took it over after the police closed it up a couple years ago. Starting bid is $196,779 . The location, called the Velvet Touch, had advertised "rubdowns" from "models." This news was discovered by James Altucher's Daily Blog Watch .

New York Island May Be Available for Sale

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Plum Island, located at the eastern end of Long Island, may be put up for sale by the General Services Administration. Currently, the island is used for an animal disease laboratory. The island is 840 acres and has a lighthouse and a beach.

Jay-Z Auctioned Off His Watch For $217,800

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Noted rapper and businessman decided to auction off his Audemars Piguet watch , generating $217,800, the highest for any of the 27 watches that were auctioned off. The auction raised money for AIDS and breast cancer research. Early picture courtesy of Wikipedia

GLAM in the City, Glasgow, Scotland June 18-20, 2010

For women who like luxury, you should check out the three day GLAM in the City event, located in Glasgow, Scotland on June 18 through 20, 2010. You will have a change to get a GLAM cupcake, adorned with over 25 cts of diamonds, and considered to be the most expensive cupcake in the world , valued at $147,000. It was created by ROX, a Scotland based diamond and jewelry chain, and Cupcake Glasgow.

Solid Gold iPad Now Available Only $192,000

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If you were planning to buy an Apple iPad, you might want to consider the solid Gold ipad SUPREME Edition, which is plated with 2100 grams of 22 ct gold. In adition, the Apple logo is made with 53 flawless diamonds. It was designed and crafted by Katherine Hughes for stuarthughes.com. This unique gadget would make a great gift for your favorite friend or relative.

Flying Car for $194,000

You can buy your own flying car, the Terrafugia Transition. It is available for only $194,000, with a $10,000 down payment. You can pick up the car/plane in 2011. It can be ordered online at terrafugia.com.

George Soros Buys Stake in Alibaba

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Billionaire George Soros has purchased a large stake in Alibaba.com, becoming one of the biggest shareholders in the company. After the announcement on Friday, the shares increased by 5.3%. Alibaba.com is the world's largest online business-to-business trading platform.