The Most Unbelievable Things Celebrities Wasted Money On

 There is no doubt that California Chrome is not one of the greatest racehorses of all time. The horse won the Kentucky Derby and Preakness Winner, and you can imagine when it went up for sale, that it was going to fetch a pretty hefty sum of money. The racing community, and former owner Steve Coburn, were blown away though when Jay-Z was the man who stepped in with the winning bid of $55 million.

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2. Jay Z – $55 Million On Racehorse