With Christmas less than 48 hours away, the super rich are seeking
gifts for their loved ones, and one of the top gifts in the UAE is an
iPhone 7 encased in solid gold, encrusted with diamonds and bearing the
face of Donald Trump, the US president elect.
The phone is priced around $151,000, which translates to N74.7
million at N495/$ or N46 million at the official rate of N305 per
dollar.
An iPhone 7 in Nigeria is less than N400,000.
The gift is said to be just one example of the mind-blowing bling
sold by Goldgenie, a store in the United Arab Emirates where the super
rich do their shopping.
“There are very wealthy, high-net-worth individuals all over
the world and sometimes its very difficult to buy gifts for them because
they have everything,” said Frank Fernando, Goldgenie’s managing director.
All the opulent objects on sale at his store in Sharjah, a city
near Dubai, are either solid gold, gold plated or diamond encrusted. But
the idea for the golden Trump iPhone came from a customer only
recently.
A Chinese woman walked into the store last month and requested that
Goldgenie put together the glitzy device emblazoned with the
president-elect’s features, Fernando told CNNMoney, declining to
identify the woman by name.
He said he believes her family wants to give it to the US president-elect after his inauguration next month.
Since selling that first Trump iPhone, Goldgenie says it has
received a further nine orders for gold-plated ones bearing his face.
Goldgenie started out in London back in 1989. The company’s
business concept was simple: gold plate virtually any item its customers
wanted.
Fernando says his staff members will even take their special
gold-plating machine to wealthy individuals’ homes in order to cover
their entire bathrooms in the precious metal.
“We have many visits from the royal families. They visit us in
London and they don’t just buy one phone. They buy five, ten phones to
give as gifts,” Fernando adds.
“We needed to come here to show ourselves to all the people in the Arab states.”
Source: TheCable
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