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Billionaire Bling: From Jewels to Submarines

The superrich are breaking records for conspicuous consumption.

PHOTOS: Billionaire Bling, from Yachts to Jewels

Billionaire's Bling
Occupy What? Billionaires Still Pile on Bling
Billionaire's Bling
Billionaire's Bling
Billionaire's Bling
Occupy What? Billionaires Still Pile on Bling
Billionaire's Bling
Billionaire's Bling
Billionaire's Bling
Robert Frank, author of "High Beta Rich," says the average size of a yacht today has more than doubled. The 560-foot "gigayacht" pictured above is owned by Russian billionaire Roman Abramovich. It's rumored to have cost a billion dollars. CLICK HERE for the the full story on "20/20" (SEBASTIEN NOGIER/AFP/Getty Images)
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