Donatella Versace's Very Expensive Watch

Watch the video to see Versace's made-to-order gold and diamond watches. These puppies cost just over a quarter of a million dollars (about $226,800 at the current exchange rate), and three have already been sold.

"Women don't really need a watch to tell time today — they have their cell phones and BlackBerrys," Versace said. "This is a jewelry watch."

But...Donatella...it's ugly. And for that much freakin' money, the strap should be diamond-encrusted. And it should come with a little man to wind it and polish the crystal.