Hungarian actress Zsa Zsa Gabor passed away on December 18, 2016 at the age of, probably, 99, with nine marriages to millionaires under her belt, leaving behind a legendarily luxurious life of extravagance.
Gabor, who began her career by winning Miss Hungary in 1936 often played the role of the femme fatale in her TV and film career. Later in her life, as she became a legend and celebrity in her own right, she often played herself.
"When you think of Zsa Zsa Gabor, you think of the word 'extravagant,'" said Brandon Smith, a UBS Wealth Strategist of the Advanced Planning Group. "I thought to myself: 'when was the last time I looked up the definition of it?' So I did this morning. It's defined as 'lacking restraint in spending money, or using resources.'"
With that, this is certainly one of the best adjectives to describe her life. Gabor said herself: “I’m a compulsive buyer. Anything beautiful I see I want. That’s how we got the Waldorf Astoria. I told Conrad Hilton, ‘I want the Waldorf,’ and he bought it."
"We all know people like this," said Smith. "When we are dealing with Ultra High Net Worth clients, we see that every personality is idiosyncratic. We can't constrain clients from spending their money a certain way, but we can try to advise them, and help them deploy some intelligence in their financial decision-making."
Zsa Zsa, who was married nine times to a revolving door of very affluent men, including Hilton, an oil magnate, a Turkish diplomat, and ironically, a divorce lawyer.
One of Gabor’s most notorious quotes was: "I never hated a man enough to give him his diamonds back."