Russian billionaire Alisher Usmanov has a new toy -- a wide-body Airbus A340 that is the largest private jet in Russia, and possibly in all of Europe.
Oleg Panteleyev, an editor at Aviaport.ru, a Russian website that tracks the aviation industry, told Bloomberg News that Usmanov, who recently sold $1.4 billion in Facebook stock during the company's recent initial public offering, might pay up to $500 million for the long-range, four-engine airplane, based on how lavishly he decides to outfit it.
Depending on the model, the unit price for an Airbus 340 ranged between $238 and $275 million as of 2011, but Usmanov is not known for sparing expense. Earlier this month, the Moscow News reported that the Uzbek-born Russian billionaire spent $100 million on a new luxury yacht that includes "a swimming pool, a helicopter pad, a gym, a luxury dining room and cabins for 20 guests."
Usmanov, who is the founder and biggest shareholder of Metalloinvest, Russia’s largest iron-ore producer, also owns stakes in Russian telecommunications and Internet companies, and in the English soccer team Arsenal.
The latter has been a source of ire among some Arsenal fans, who resent Usmanov's possible influence on the club. According to the London Evening Standard, Usmanov's investment company owns just under 30 percent of the club, though he does not have a seat on its board.
Usmanov is the 34th richest person in the world, according to the daily Bloomberg Billionaire Index, with a personal fortune of $15.8 billion.
Check out some of the craziest things the super-rich do with their money:
Install ATM Machine In Kitchen
The super-rich enjoy having money at their finger tips. NBA star DeShawn Stevenson didn't like the idea of having to find an <a href="http://www.huffingtonpost.com/2012/05/31/deshawn-stevenson-atm-in-kitchen_n_1558565.html?ref=money" target="_hplink">ATM machine to withdraw cash</a>, so he put one in his kitchen.
Build Emergency Rooms In Homes
Some <a href="http://www.huffingtonpost.com/2012/03/16/concierge-medicine_n_1353155.html" target="_hplink">super-rich households bypass</a> the long waiting room lines at hospitals by constructing emergency rooms -- costing over $1 million -- in their own homes.
Buy Submarine To Visit Ocean's Deepest Part
No place is off-limits to the super-rich. <a href="http://www.huffingtonpost.com/2012/03/19/submarines-super-rich_n_1365014.html" target="_hplink">Billionaire film director James Cameron bought</a> a single-person submarine to venture seven miles below sea level to the deepest part in the ocean.
Receive Psychological Wealth Counseling
Some <a href="http://www.huffingtonpost.com/2012/04/11/wealth-counseling-banks-super-rich_n_1417351.html" target="_hplink">super-rich bank clients pay for therapists</a> to help them deal with the psychological issues associated with having lots of money.
Get Doomsday-Safe Underground Luxury Condo
Super-rich buyers plan to survive the world's end in luxury condos<a href="http://www.huffingtonpost.com/2012/04/11/super-rich-doomsday-shelter_n_1417895.html" target="_hplink"> built in a Cold War-era missile</a> shaft below a Kansas prairie.
Purchase Ballistic Shield Briefcases
The super-rich spend on ways to <a href="http://www.huffingtonpost.com/2012/05/30/super-rich-protection_n_1556322.html" target="_hplink">protect themselves and their stuff. China's Leison Global </a>made a briefcase that turns into a ballistic shield. It's meant to safeguard rich businessmen and women.
Buy Humongous Private Planes
Rich people seem to hate lines, including the long security ques at airports. Like many wealthy people who have their own private jet, <a href="http://www.huffingtonpost.com/2012/06/06/alisher-usmanov-russian-facebook-airbus-a340_n_1574425.html?1339002993" target="_hplink">Russian billionaire Alisher Usmanov also bought</a> one. But his is an AirBus A340, the largest one in Russia and quite possibly the whole of Europe.
Throw Paper Planes Made Out Of Money
The super-rich can throw away money -- quite literally. Pavel Durov, the millionaire owner of the popular Russian social networking site VKontakte, <a href="http://www.huffingtonpost.com/2012/05/30/pavel-durov-russian-millionaire-throws-money-paper-planes_n_1557404.html" target="_hplink">tossed 5,000 ruble notes folded</a> into paper planes out of his office window onto a crowd in St. Petersburg.