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Weird news from the wealthy

By Judy Martel · Bankrate.com
Friday, June 25, 2010
Posted: 2 pm ET

Sometimes it's fun at the end of the week to assemble the latest weird news from the world of wealth. And the moneyed population is always a rich (so to speak) source.

Consider two recent news items from my home state of Florida. By way of explanation, I offer the excuse that the 90-plus degree summer heat is scrambling our good sense.

In the tony Orlando suburb of Windermere (home to Tiger Woods, who the whole world now knows has a rather weird take on marital fidelity) a $75-million mansion recently went on the market "as is." It seems that David Siegel, the time share tycoon who was building the home, is feeling the effects of the slowdown in vacation spending and has abandoned the project. The 90,000-square-foot-home, loftily named "Versailles," looks like the concrete shell of a hotel. It boasts all the necessary stats for mansions these days: three pools, a 20-car garage, bowling alley, movie theater, roller rink ... but for $75 million you'd at least expect some carpeting, and maybe a little sheetrock.

Conchita and Gail Posner

Conchita poses with "her millionaire" Gail Posner.

And then there's the little dog that could. Upon her death, Miami heiress Gail Posner bequeathed a $3 million trust fund to her favorite pet Chihuahua and two of her other dogs, along with the right to live in her $8.3 million home. Of course, Posner's child, Bret Carr, is contesting the will with the usual list of complaints: The staff (who also inherited a total of $26 million) allegedly drugged Posner, coerced her to change her will and trust, and (this part gets odder still) encouraged her to publicize the Chihuahua as "one of the world's most spoiled dogs," entitled to a four-season wardrobe, diamond jewelry and a full-time staff.

There's more to the story, but I'll leave it at that, and let you tell us what you think of the latest weird news of the wealthy.  Any stories that can top these?

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