You'd think that in order to become a billionaire, you'd need to be pretty smart.

But it turns out being good at making money doesn't necessarily mean you're good at spending it.

For million-dollar pigeons to designer garbage bags, you won't believe the weird, wacky, and downright useless ways billionaires have found to splash their cash.

You're listening. You're listening. You're cash. You're listening.

You're listening.

You're listening to be amazed.

For billionaires,

shelling out for a luxury yacht is understandable.

But spending $500 million to build a replica of a ship that's famous for sinking?

Not so much, but that hasn't stopped Clive Palmer.

The Australian billionaire, businessman, and politician is currently spending millions on a replica of the RMS Titanic.

He's calling his boat Titanic 2, and once it's complete, he intends to sail it from Southampton, England to New York,

the route taken by the original Titanic, because that went so well the first time.

To capture the authentic feel of the original 1912 ship, Titanic 2 won't have internet access,

and the third-class compartments will feature narrow bunk beds and wash basins.

Unlike the original Titanic, though, the billionaire has promised that his boat will possess modern safety equipment,

including enough lifeboats for all 2,435 passengers.

However, the project has hit a few icebergs.

Titanic 2 was originally scheduled to set sale way back in 2016, but that deadline was pushed due to financial disputes.

Skeptical commentators have also pointed out that Clive Palmer has a history of announcing

then, abandoning eccentric projects.

Back in 2012, he purchased a resort in Queensland for $50 million and filled it with 160 state-of-the-art animatronic dinosaurs, only to close it in 2015, leaving his prehistoric robots to the elements.

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