The latest, but not really the most ridiculous, is a "rare" bottle of Evian created and designed by Christian Lacroix that was auctioned for US$23,000 this week at a flashy food festival called the Jumeirah Festival of Taste.
The auction was attended by an adjudicator from Guinness World Records (one who must be growing weary of his frequent trips to this Middle East outpost) who confirmed another world record: the most expensive litre of water.
I could not find a picture of it online, but I imagine it to be something like this, only more fancy:
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