Michael Schumacher – Dubai, $5.55 Million
Now retired, Formula 1 star Michael Schumacher is now living the dream. After all, he has a paradise of his own in Dubai! Perhaps the best part here is the fact that he did not spend anything on it since the Prince of Dubai gave it to him as a gift. Mind you, the island is believed to be worth $5.55 million. We sure would love to take a boat or helicopter trip to visit it, but we are sure that it is going to be pricey.