BillionaireXchange: eBay For Rich People

For all you struggling millionaires out there, BillionaireXchange couldn’t have come at a better time. As we all continue to feel the dire effects of the current recession, those with luxury yachts, homes and automobiles are now able to get rid of these high priced toys. BillionareXchange is basically eBay for the super-rich.

According to various reports, BillionaireXchange has already assisted in sales exceeding $180 million dollars in only 10 months. Thinking about joining? Think again, the site only allows those with a “verifiable net income of over $2 million.”

It’s amazing it took a recession to have a website like this come out. Honestly, their are probably plenty of websites like this, we just don’t know because most of us aren’t rich. That said, eBay has had some major success with luxury items and I’d imagine that they will continue to lead the way in online auctions.