Monday, February 25, 2008

OSOF- Update



Some records stay in place for a while, and some are broken regularly, (see posting on 2/6/08) . Records set for "obscene spending on frivolity" (OSOF) never seem to stay put for very long as there's always someone with more cash to blow on something crazy. Recently, UAE billionaire Saeed Abdul Ghaffar Khouri dropped the equivalent of $14.5 million on UAE license plate number 1.

If that seems like a big hunk of cash for a license plate, consider that Khouri, who has yet to decide on which of his many vehicles he'll mount the plate, was prepared to spend over twice that much. The sale took place at an auction in Abu Dhabi with the proceeds going to help victims of traffic accidents...which are many.

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