10 Risky Investments Billionaires Can’t Resist

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Quixotic ventures of the ultra-rich

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(Reed Saxon/AP)

Everyone wants to be a millionaire – but what does a billionaire want to be? They’re already so rich that their investing decisions might have more to do with making a big splash or scratching an itch than making a buck. Jeff Bezos recently paid $250 million (1 percent of his fortune) for the Washington Post, which lost $50 million so far this year. Is it boredom? A childhood fantasy? The pursuit of glory? Here are 10 investments of the super-rich that make Bezos’s bold purchase of the Post look as safe as buying T-bills.

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