Bloke pays $26,500 for non-existent island

A bloke has shelled out $26,500 for an island that does not exist and now it makes him $100,000 a year.

An Aussie, David Storey, 27, has entered the Guinness World Records book for paying the most for a valuable object which is virtual.

Storey runs Amethera Treasure Island, which he purchased in the virtual world Entropia.

He runs a virtual “game preserve” and taxes virtual hunters on his land.

While it sounds daft to us Storey claims to bring in more than $100,000 in real money per year.

He said he thought it would be “cool to own an island”, and I knew I could run it and be able to pay for my play” says Storey.

Storey added that Entropia continually evolves, so you have to constantly be watching for new developments. “It’s sort of like real life.”

Only in real life if you try to flog something that does not exist do you end up being  labelled  a physicist.