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WHAT do you get the person that has everything? That is the million-pound question a new Channel 4 documentary aims to answer.

The World’s Most Expensive Presents reveals what Britain's billionaires will be splashing their cash on this Christmas - and a quick jaunt around John Lewis this is not.

 Artisan cake maker Debbie Wingham has created a pair of £11.5m heels for one of her wealthy clients
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Artisan cake maker Debbie Wingham has created a pair of £11.5m heels for one of her wealthy clientsCredit: Channel 4

Bespoke luxury suppliers can provide everything from £250,000 gold-plated bikes and £60,000 alligator-skin poker sets, to £11.5 million diamond-encrusted edible shoes.

The eye-wateringly expensive footwear has been designed by Debbie Wingham, a cake artist, as a 30th birthday present.

The artisan baker flatters clients with entirely edible reflections of their lives – be it their designer shoe collections or favourite hobbies.

“A client came to me and said they have a beautiful diamond portfolio they’re going to gift to their daughter,” Debbie explained. “Somehow I ended up coming up with the pitch, ‘why don’t we create the world’s most expensive shoe?’”

 The shoes are gilded in real gold and contain more than 1,000 stones
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The shoes are gilded in real gold and contain more than 1,000 stonesCredit: Channel 4

Designed to be looked at, not worn, the heels are gilded in real gold and covered in real diamonds – the hidden gift. The pink diamonds cost £3.5 million each, the blue are valued at £1.9 million each and the zip is solid gold. In total, the shoes feature more than 1,000 stones.

Debbie has also been tasked with creating a giant chocolate container that dispenses champagne - and conceals a one-of-a-kind $1million Hublot black diamond watch.

Meanwhile, Rachelle Fawcett, from Brighton, specialises in making opulent occasion wear for dogs.

Her fitted, crystal-adorned evening jackets start at £1,500, while her silk pooch gowns go up to £5,000. “I’m not making for somebody who is looking at a price tag,” she insists.

 Rachelle Fawcett has made a £40,000 doggy ballgown, which is encrusted with 40,000 crystals
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Rachelle Fawcett has made a £40,000 doggy ballgown, which is encrusted with 40,000 crystalsCredit: Channel 4

Her most elaborate outfit – a doggy ballgown – took 900 hours to make, and features 40,000 hand-applied Swarovski crystals, plus six metres of the finest bridal silk. It is expected to sell between £35-40,000.

“It does look excessive, which was the look I was going for. What multi-millionaire wouldn’t love this? I kind of think of this piece as jewellery because it’s so sparkly,” she said.

Laban Roomes, a Dubai-based businessman, takes everyday items and dips them in 24-carat liquid gold. “We’re in the business of not just enhancing the product’s beauty but also the price,” he said.

“What makes a perfect gift to someone that has everything? They have their boat, cars, a wardrobe full of clothes… but do they have a gold cigar? We specialise in sorting gifts for the ungiftable.”

 This racing bike has been dipped in 24 carat liquid gold and retails for £250,000
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This racing bike has been dipped in 24 carat liquid gold and retails for £250,000Credit: Channel 4

Laban can do a bouquet of gold roses for £6,000. He was once asked to gold-plate a client’s dead dog. Fortunately, he said no.

For Christmas he has dipped a racing bike in gold, and is selling it for £250,000.

“It’s been billed as the most expensive bike that’s been customised in the world,” he revealed. “It’s a piece of art but is also a practical bike that can be ridden to the local shop to pick up eggs.” The buyer describes it as a “very beautiful bike”.

Laban’s next project is to gold-plate a McLaren sports car. “Whatever we’ve done, people have looked at us like we’re insane, but there’s a buyer out there for everything,” he said.

 Elliott Parker has created a £60,000 alligator-skin poker set for his billionaire client
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Elliott Parker has created a £60,000 alligator-skin poker set for his billionaire clientCredit: Channel 4

Meanwhile, Marcel and Amar, of VeryFirstTwo, are bringing their super-rich clients (and their kids) a bespoke colouring book costing a staggering £23,900. Pencils not included.

Illustrated by Ian Beck, who drew the famous cover for Elton John’s Yellow Brick Road album, it’s a one-of-a-kind gift.

Marcel said: “Clients need to be able to give a present that they’re absolutely assured the recipient has never had in their life.

“It goes way beyond just being a colouring book. It’s a tapestry of emotions. It’s memory after memory. It’s an heirloom.”

The pair have also created a luxury pair of leather shoes in collaboration with Oliver Sweeney that conceal an array of gadgets in the sole.

 The poker set features chips encrusted with Swarovski crystals
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The poker set features chips encrusted with Swarovski crystalsCredit: Channel 4

Retailing at £2,000, the ultimate James Bond shoes can hold the world’s smallest mobile phone, a pill bottle, a USB lead and mini pen knives.

The laces are also made from Kevlar, which can cut through any material and are even strong enough to tow a car.

If you’re a gambling man, you could also invest in a one-off poker set costing £60,000.

Elliott Parker, from Essex, runs a luxury gaming company. He once created a custom Monopoly set that sold for £500,000, featured solid white gold dice and was played with real money.

His latest set includes a black alligator leather case, and Swarovski crystal encrusted chips – but we wouldn’t recommend splashing out unless you’ve won big on a bet.

In more lives of the rich and famous, billionaire Arsenal owner Alisher Usmanov’s niece got married in an outrageously lavish ceremony earlier this week – and she wore THREE dresses.

While we looked inside F1 heiress Tamara Ecclestone’s £5m wardrobe, featuring 22 Gucci mules, 81 sets of Victoria’s Secret pyjamas and a WALL of Chanel bags.

The World’s Most Expensive Presents is on Channel 4 on Tuesday at 9pm.

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