Developed by a German software develpor, Armin Heinrich, the app actually does a little something and its not exactly worth $1,000. Its actual price is $999.99 (which is the maximum a developer can charge for a single iPhone app) and the little something that the app does is make appear a red icon on the iPhone home screen. That right! It does absolutely nothing except showing that red ruby! The brains these Germans have!

I Am Rich

But the really good thing is that 8 people actually bought the app in the first 24 hours of its release! [6 people from USA, 1 from Germany and 1 from France]. Seems like there are people out there who don’t mind spending a thousand dollars just for kicks.. P

The app has been removed by Apple from the phone’s app store. It looks like someone bought the app accidentally, thinking that it is a joke, and then posted this complaint on the store: “I saw this app with a few friends and we jokingly clicked ‘buy’
thinking it was a joke, to see what would happen. … THIS IS NO JOKE…DO NOT BUY THIS APP AND APPLE PLEASE REMOVE THIS FROM THE APP STORE,”.

Well, tough luck for the guy!