The Celeb Life: Celebrity Extravagance

See how your favorite stars spoil themselves.

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What's the fun of being a celebrity if you can't live it up every now and again?

In this edition of The Celeb Life, we take a look at some of the more extravagant ways that the rich and famous spend their hard earned booty.

From the gold-encrusted penthouse of one Donald Trump, to Beyonce's crazy-huge diamond engagement ring, we're taking you inside the car ports and jewelry boxes of the stars you know and love.

When Johnny Depp needed to get away from it all, a simple romantic getaway just wouldn't do -- so he bought his own freaking island! Little Hall's Pond Cay is located in the heart of the Bahamas, but it might as well be on another planet, since Depp has his run of the place whenever he likes.

Jay-Z also took it to extremes when he put a ring on it with now wife Beyonce, spending a reported $5 million dollars on the heavily priced accessory. Now that's commitment.

Want to hear more about The Celeb Life?  Check out the video below.

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