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12 surprising investments of millionaires and billionaires

GOBankingRates Logo By Michelle Smith of GOBankingRates | Slide 1 of 13: You might look to Madonna for music tips or Barack Obama for inspiration. But would you turn to these rich and famous folks for financial advice? Not only do many of your favorite celebs invest in the stock market, but they also make some surprising choices when deciding where their money goes. Although some of those investments pay off, others leave these rich folks’ wallets a few dollars lighter. Here are some surprising investments made by the financial elite, along with details on why they ponied up their cash.

Find out what investments are making these celebrities richer

You might look to Madonna for music tips or Barack Obama for inspiration. But would you turn to these rich and famous folks for financial advice?

Not only do many of your favorite celebs invest in the stock market, but they also make some surprising choices when deciding where their money goes. Although some of those investments pay off, others leave these rich folks’ wallets a few dollars lighter.

Click ahead for some surprising investments made by the financial elite, along with details on why they ponied up their cash.

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