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If you had a million dollars, what would you buy? First class plane tickets to exotic international destinations? A killer new sports car? If you're convicted fraudster/disgraced hedge fund manager Paul Greenwood, you apparently invest in teddy bears. Ridiculously expensive rare teddy bears.
Christies is auctioning off Greenwood's bear collection, about 1,300 Steiff stuffed animals. The entire collection is valued at an astonishing $1.5 million, including a 1925 Steiff Harlequin bear worth $80,000.
Huh. Who knew?
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