A visitor to Moscow's Millionaire Fair eyes up a diamond-encrusted
mobile phone, priced at $1m (£520,000).
A gold baby's dummy is on offer. Fashion writer Alexander Vassiliev
says taste among the new rich is unsophisticated. "I don't think
there is any elegance," he says.
One of the star buys is a Bugatti Veyron supercar, costing $1.4m.
Last year's Millionaire Fair turned over about $600m, and the
organisers are hoping for more this year.
Besides gem-encrusted Bovet watches, one could buy helicopters,
horse-drawn carriages, a house on a tropical island - or the island
itself.
With 88,000 Russian millionaires emerging in less than two decades,
according to Forbes magazine, it may be getting harder to stand out
from the crowd.
Wealthy Russians enjoy capitalist luxuries that were forbidden
fruit in the Soviet Union.