9 millionaires and billionaires with the most bizarre spending habits

Lady Gaga bought a ghost detector.Stephen Lovekin/Getty Images

• Millionaires and billionaires are known for dropping big on yachts, mansions, and cars.
• But some have more eccentric taste and unique spending habits.
• Nicolas Cage likes rare artifacts and exotic pets, hedge-fund manager Steve Cohen likes his art weird, and Kanye West wants pretty much all of his stuff to come with bling.

The ultrawealthy are known for buying extravagant things.

Yachts, mansions, jets, cars, sports teams, and even islands are commonplace in the portfolios of millionaires and billionaires. What's not so common are dinosaur skulls, pet octopuses, ghost detectors, endless glitter, gold-plated toilets, and other similarly eccentric splurges.

Business Insider rounded up some of the most notable millionaires and billionaires who have a history of splashing out cash on strange or unique things. These purchases are more than outrageous or outlandish — they're also a little weird and a little fun.

From Nicolas Cage's pair of albino cobras to Paris Hilton's dog mansion, these superrich people have some seriously quirky spending habits.