Gotta Watch: What $$$ can buy
Luxury yachts are on display in Miami, Florida.
October 4th, 2011
01:18 PM ET

Gotta Watch: What $$$ can buy

There may be things money can't buy, but there are a lot of things it can. You can shell out $100,000 on a fancy sports car or $1 million on a nice home, but that's not enough for one New Yorker. He bought an island. To stick with that theme, Gotta Watch looks at some videos showing examples of just what money can buy. Some of the price tags may surprise you.

If you want it, buy it – This New York resident really liked an island he could see from his home, so he bought it. Check out what he got for his money.
[cnn-video url="http://www.cnn.com/video/?/video/us/2011/10/04/dnt-man-buys-rat-island.wcbs"%5D

$5 for a new car – A lucky Michigan man bought a brand-new car for just a bit more than the price of a gallon of gas. Jonathan Mason purchased a new Chevy Camaro from a penny auction website.
[cnn-video url="http://www.cnn.com/video/?/video/us/2011/07/12/dnt.camaro.sells.for.five.bucks.wnem"%5D

King for a day – Have you ever heard of a country called Liechtenstein? Well, if you have enough money, you can own it... for a day, at least. Rent the small country out for you and 900 of your closest friends for the small price tag of $70,000 a day.
[cnn-video url="http://www.cnn.com/video/?/video/bestoftv/2011/04/24/exp.gps.rent.liechtenstein.cnn"%5D

soundoff (61 Responses)
  1. Mike

    I get the "he made the money he can spend the money" concept but does that still give them the right to consume the same amount of resources as hundreds or even thousands of people? The amount of water used for the lawns and 15 baths, the energy used to heat or cool a monstrous house or even the material used to construct it is just obscene and shameful.

    October 4, 2011 at 2:55 pm | Report abuse |
    • boogietime

      Perhaps, but it is his choice, and it should be his choice. If you forced him to pay for food and rent and such for 20 other people, then what would motivate them to do anything other then drink and reproduce all day? You do that enough, and the economy is in the toilet, and nobody has any $.

      October 4, 2011 at 2:58 pm | Report abuse |
    • ig

      Don't forget... they are paying money for all that water, electric, materials etc... that money goes back into economy and creates jobs. The more money spend, the more money goes back to the economy. If you give 5K to a middle-class family, they will likely put it away (rightfully) for "just in case". If you give 5K to a wealthy person, they will go and spend it... its this spending that puts money back into economy. If you pay 1,000$/month in electric, you are making sure the electric company makes money and is able to pay their employees.. so yes, the rich must consume more and pay for it... Also, the 20 guys they hire to build their "monstrous house" would thank them for spending that money and giving them jobs...

      October 4, 2011 at 3:40 pm | Report abuse |
  2. Sir Ulrich

    Bill Gates could rent this place for almost 2000 years.

    October 4, 2011 at 2:57 pm | Report abuse |
    • boogietime

      I bet Bill gates earns more then $70k a day, and could rent it forever...

      October 4, 2011 at 3:04 pm | Report abuse |
  3. Maurice

    Darn, my posts aren't posting.

    October 4, 2011 at 3:06 pm | Report abuse |
    • 2EL8

      You're right. We don't see them.

      October 4, 2011 at 3:48 pm | Report abuse |
  4. arnie

    I am looking for 900 friends to help me out. For only about $800 a day, we can take over a country. We will then ask the UN for aid for humanitarian reasons and I bet we get at least a few million. Triple your money, and live like a senator. Who is with me?

    October 4, 2011 at 3:07 pm | Report abuse |
    • imzzzz

      heh heh heh

      October 4, 2011 at 3:56 pm | Report abuse |
    • Mathematician

      With 900 of your friends it wouldn't be $800/ it would be just over $77...

      October 4, 2011 at 4:18 pm | Report abuse |
    • Shane fm WV

      Follow example of Pakistan, you dont need so many people and you'll get aid in billions, no questions asked.

      October 4, 2011 at 4:51 pm | Report abuse |
  5. Maurice

    cnn keeps blocking my response regarding what money is and what it isn't.

    October 4, 2011 at 3:18 pm | Report abuse |
  6. Maurice

    Article 1 Sect 10 of the Constution defines money as physical gold and silver. A dollar bill or Federal Reserve Note is not money. hence you can't find the word money on a bill. If you are struggling financially this a big clue! ! ! You have the wrong definition of what money is.

    October 4, 2011 at 3:20 pm | Report abuse |
  7. Maurice

    Finally, boogietime for 30 minutes I tried 5 posts that didn't get posted, but there is your answer to nobody has $. I do. 99.5% of the population doesn't becuase they don't know what money is.

    October 4, 2011 at 3:21 pm | Report abuse |
    • Rick

      The cash that most people know or used to know, is best known as a "Fiat Currency". Hard Currency, or "Money" is indeed based on, or is a precious metal such as Gold or Silver. There is no money in this country. The crap that is printed up is a promise based on nothing.

      October 4, 2011 at 4:22 pm | Report abuse |
  8. Miguel

    So what is money, Maurice?

    October 4, 2011 at 3:38 pm | Report abuse |
  9. banasy©

    @Maurice:

    It was the word const itution that was hanging you up.

    I would just like to remind people that the have-nots started getting ticked off at the haves in France once upon a time...and we all know where that lead..."Let them eat cake" ring a bell?
    (Not that she actually *said* that...)

    October 4, 2011 at 3:38 pm | Report abuse |
  10. Gizzy Face

    Bill gates could buy over 10 billion of those cameros. Thats 10,000,000,000.00

    October 4, 2011 at 3:43 pm | Report abuse |
  11. Maurice

    miquel and banasy I am responding but cnn keeps blocking my posts.

    October 4, 2011 at 3:45 pm | Report abuse |
  12. Maurice

    CNN why do you keep blocking my responses?

    October 4, 2011 at 3:47 pm | Report abuse |
    • paula sims

      because it donot make sense

      October 4, 2011 at 4:45 pm | Report abuse |
  13. Maurice

    I could see if I was making a rude comment, but in simple English I am responding to Miquel and Banasy.

    October 4, 2011 at 3:48 pm | Report abuse |
  14. government cheese

    Michelle Obama's Africa Vacation Cost More Than $432,142

    October 4, 2011 at 3:50 pm | Report abuse |
    • paula sims

      so what donot hate the player hate the game

      October 4, 2011 at 4:46 pm | Report abuse |
  15. imzzzz

    bummed me out since I don't have any money

    October 4, 2011 at 3:57 pm | Report abuse |
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