A Indian businessman has decided to invest his sizable fortune in something truly worthwhile: Bling.
But what good is having a whole bunch of gold if you can't show it off? So Phuge did the only sensible thing: He had 15 goldsmiths working for 15 days to construct a solid-gold T-shirt with six Swarovski buttons and a gold belt to match.
"After extensive research on the design and the look of the piece, I decided to give it an armour-like appearance," designer Tejpal Ranka told the Pune Mirror. The 14,000 golden flowerrings and 100,000 shimmering spangles sewn onto a fabric base of white velvet set Phuge back a cool $230,000 — or a third of his estimated wealth.
And the "Gold Man of Pimpri" isn't quite done "investing": He's already put in an order for a gold-plated Nokia phone.
"For me, gold is the ultimate passion," Phuge said. "That is the reason I have spent a whopping amount of money on the shirt. I am looking at it as an investment which will keep appreciating."