Rangyai Island

But if you’re going to splash out in true billionaire style, there’s nothing quite like buying someone their own private island. When you look at the islands available, you might be surprised to see that they were less than a modest-sized London property – in fact, they start around $27,500 which wouldn’t buy you a garage in London. Mind you, they are the kind of windswept rocks off the coast of Canada that no-one really wants to live on. For real style, you need something like Rangyai Island, Thailand which is currently on sale for $160,000,000. It’s said to be a holiday paradise, with “beautiful white sand beaches and lush tropical forests” and comes with its own electricity generator and fresh water supply. It’s even close to Phuket Airport, for jetting in between meetings.

The drawback is that foreigners aren’t really supposed to buy Thai islands, and there are a few loopholes you might have to get through before being able to set up your summer house. Marrying a Thai national might do the trick but that might upset whoever you bought the island for. It might be best to stick to that handbag after all…