“I Am Rich” App: $999 for Nothing, and 8 People Bought It
In 2008, the App Store saw one of its most bizarre listings: an app called “I Am Rich” priced at a jaw-dropping $999.99. What did it do? Absolutely nothing—except show a glowing red icon. Created by developer Armin Heinrich, the app was meant to be a digital flex, a status symbol for the ultra-wealthy. Surprisingly, eight people bought it before Apple pulled it down. This odd story is a perfect mix of curiosity, absurd luxury, and the psychology of digital clout. It raises a serious question—were the buyers foolish, or was the developer a genius? Either way, it’s a moment in tech history that highlights just how wild the app world can get.
NEWS
Thrivevision
4/10/20251 min read


The “I Am Rich” App: A $999.99 Flex That Did Absolutely Nothing
In the ever-evolving world of mobile apps, some stories stand out as truly bizarre. One such tale comes from 2008, when the App Store featured a listing for an app called “I Am Rich,” priced at a mind-blowing $999.99. What was its purpose? Absolutely nothing—except to display a glowing red icon. That’s it. No functionality, no features, just a simple, flashy symbol.
Created by developer Armin Heinrich, the app was a digital flex aimed at the ultra-wealthy. It was designed to be a status symbol, a way for those with money to say, “I can afford this.” The app was marketed not as a tool, but as an exclusive token of opulence. It’s hard to imagine who would purchase such an app, but in a twist of irony, eight people actually did.
The concept behind the app may have been the epitome of absurd luxury, but it raised an intriguing question: Was this the result of foolishness, or was Heinrich a genius? He knew exactly how to exploit the psychology of exclusivity and digital clout. By positioning the app as a premium product with no functional value, Heinrich created an experience of prestige that some were willing to pay for, purely for the digital status it conferred.
Of course, Apple quickly pulled the app from the store, citing its lack of value and the absurdity of its price. But the story of “I Am Rich” lives on as a perfect example of the sometimes strange intersection between technology, luxury, and human psychology. It’s a reminder that in the digital age, sometimes the most outlandish ideas can get attention—and money—if marketed correctly.
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