Wealthy individuals have always sought to own unique items that set them apart from their moneyed peers, shelling out millions for rare art pieces, antiques, classic cars, watches and jewellery.
Last May, a wealthy bidder in the US paid $103.4 million (Sh11.8 billion) at an auction at Christie's in New York for Pablo Picasso's painting 'Woman seated near a window (Marie-Therese)’. The bidding war, contested between six people, lasted just 19 minutes.
