15 Useless And Ridiculously Expensive Things Celebrities Bought

15. Kim Basinger: A Town in Georgia

Kim Basinger, a proud Georgia native, made headlines in 1989 when she decided to invest in her home state. Along with a group of investors, she purchased 1,751 acres in Braselton, Georgia, for a staggering $20 million. Her initial plan was to transform the land into a bustling tourist destination, complete with attractions that would draw visitors from across the country. However, despite her ambitious vision, the project never took off After five years of setbacks and financial challenges, Basinger and her team had to sell the property at a loss. This high-profile investment quickly became known as one of the most ill-advised celebrity purchases of its time. Why did such a promising venture fail? Factors like poor planning, market conditions, and the sheer scale of the project likely played a role. Today, the story serves as a cautionary tale about the risks of real estate investments, even for Hollywood stars.