Altralto» broke millionaires http://altralto.com altralto jetsetting lifestyles for the middle class Sun, 09 May 2010 12:34:38 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Where Millionaires Go to Sell Their Stuff When They’re Depressed http://altralto.com/2009/11/where-millionaires-go-to-sell-their-stuff-when-they%e2%80%99re-depressed/ http://altralto.com/2009/11/where-millionaires-go-to-sell-their-stuff-when-they%e2%80%99re-depressed/#comments Wed, 11 Nov 2009 02:11:16 +0000 admin http://altralto.com/?p=143 Millionaires skidding closer to upper middle class poverty levels now have their own eBay or affluent auction house.

Yes folks it seems to be an internet auction site devoted to the rich and famous.  Listing fees seem a little exorbitant next to ebay but even at $99.95 to auction something over $50,000,000 (yes folks that’s 50 with six zeros – millions) doesn’t seem an expensive fee.

The Toronto Globe and Mail reported today that BillionaireXchange.com has already sold more than $180,000,000 US in goods in the past ten months and confirms it’s noticing an increasing number of distressed millionaires calling upon them to help liquidate their toys.

BillionaireXchange aims to compete with eBay, Sotheby’s, and Christie’s for fine art and collectibles.

Co-founder Quintin Thompson, “I would say that in the United States market, that’s probably the majority of the types of transactions that we’re seeing right now.”

Check out billionairexchange.com

BillionaireXchange

BillionaireXchange

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