Some people have more money than sense. Take Lapo Elkann, heir to the Fiat automobile fortune: After a weekend-long drug binge, the 39-year-old playboy was taken into custody for faking his own kidnapping.
The youngest grandson of Fiat CEO Gianni Agnelli, Elkann is known for his flamboyant fashion sense and issues with drug abuse. In 2005, he was found with a transgender prostitute in Turin, Italy, nearly dead from an OD on heroin and cocaine.
This time, he was allegedly holed up with a male escort in New York public housing, binging on alcohol and cocaine. When the money ran out, he reportedly called relatives and told them a woman was holding him hostage. He insisted he “would be hurt” if they didn’t pay a $10,000 ransom.
His family informed the NYPD about the “kidnapping” and, after investigating, authorities charged Elkann with filing a false police report. He was released from custody but ordered to appear before a criminal court for arraignment.
Elkan, whose net worth is reportedly near $5 billion, is a designer and founder of Garage Italia Customs, which customizes luxury cars and private airplanes for high-end clientele.