Lifestyles Ideas Management - UBS S$51 billion

The recent S$51 billion written off by Swiss bank would have buy over 4,000 tonnes of the world’s finest Caspian Beluga Caviar from Queen Elizabeth II’s exclusive British grocer Fortnum & Mason or 74,000 tonnes of the finest Kobe beef sold in Tokyo’s swanky Mitsukoshi department store or 2 million tonnes of Toblerone chocolate bars or 5 million Rolex watches or 12.2 million of the latest Dior Babe handbags as sported by Ms Carla Sarkoz, the young wife of the French President or Loetscher cuckoo clocks from Switzerland or 2 billion standard Victorinox Swiss Army pen knives or 74,000 Ferrari 599’s or Foot the bill for organizing the Olympic games in London twice or fund charity group Oxfam for 87 years.
The money would also put big spending Chelsea owner Roman Abramovich in the shade. US$37 billion could have filled 38 soccer team with 11 Zinedine Zidane at his prime.
For the next Christmas party, UBS could have hired Madonna to belt out 1,233 renditions of her hit, Like a Virgin, after she was quoted saying she won’t sing it ever again for less than US$30 million a time. The bank could have bought 139,622 houses in the US based on an average house price of US$265,000.00. Reuters