Wealth

This man's pure gold shirt is worth $213,000

Pankaj Parakh, a municipal corporator, wears a shirt made of gold as he walks with his bodyguards to attend his birthday celebrations in Yeola, in the western Indian state of Maharashtra August 8, 2014.
Reuters

An Indian textile magnate has taken "spoil yourself" to a new level.

Pankaj Parakh owns a pure gold shirt worth about £127,000 (roughly $213,000) that was custom-made for his 45th birthday, The Independent reported. The shirt, made out of 18-22 carat gold, weighs more than four kilograms (nearly nine pounds), The Independent wrote.

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Apparently, Parakh is not a trend setter. Another man spent £14,000 (roughly $23,500) on a gold shirt last year, The Independent said.

Read The Independent's full story here.

— By CNBC staff