Most expensive License Plate catches $14.3m

Feb 17 2008, 5:26am CST | by Luigi Lugmayr

The most money ever paid for a car license plate is for the number 1 in the United Arab Emirates.

Businessman Said Abdul Ghafour Khouri paid $14.3m in an auction for the 1.

Vanity plates are really hot in the Persian gulf nations. Previously the number 5 was the most expensive license plate with $6.8m. The money from the license plate auctions go to charity.
More details on ABC News. Photo shows head of Emirates Auction, Abdulla al Mannaie with the precious no. 1.

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Luigi Lugmayr
Luigi is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.