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Kim Kardashian drops $65,000 on Liz Taylor jewellery auction

Kim Kardashian spent $65,000 on three jade and diamond Lorraine Schwartz bracelets previously owned by Elizabeth Taylor during a record-breaking auction of the late actress's jewellery.

Kim Kardashian drops $65,000 on Liz Taylor jewellery auctionPhotos: PA/Christie's/Empics

According to TMZ Kim purchased the lot believing that "jade harnesses energy" and that "now she owns the bracelets, KK feels she will share a deeper connection to the Hollywood icon."

Kim's $65,000 (or rather $64,900, as the auction website more accurately reveals) was a good $57,000 over the highest estimate price and contributed to the auction bringing in over $115 million in total.

Somehow our jewellery boxes look a tad unimpressive after that!

For more Elizabeth Taylor check out the beauty gallery below: