Even the billionaires of the world are being hit by this global economic crisis, so it's a very good thing that there exists a website where they can auction off their one of a kind luxury items to raise some cash AND ensure their precious items are given a good home.

Welcome to Billionairexchange, the luxury online auction site. Here the billionaires of the world can bid on and sell items ranging from castles, to diamond encrusted iPhones, to armored luxury vehicles, even a mexican resort is up for sale.


All one has to do is sign up for a membership; however, the price isn't shown because (I assume) "if you have to ask, you can't afford it".



What is interesting about the site is ease and ability a user has to buy advertising space. The prices are all laid out and based on impressions. Users can purchase leaderboards, features or sponsored links. Pretty interesting way of selling the media space as it seems they are cutting out the media companies and have made it really simple for their users.

I currently have my eye on a sweet diamond iPhone 3G, so if you're looking for my xmas gift, that's a good place to start: check it