The Ulysse Nardin Chairman Android 2.1-powered phone costs $50,000. It has the such a high price for “status symbol” reasons. The dock for the phone has polished wood panels, USB ports, and speakers built in. The phone is also covered in diamonds. Below is a video of a Ulysse Nardin spokesperson discussing the phone, filmed by CrunchGear.

Ulysse Nardin recently announced the Chairman hybrid smart phone and left it for display at BASELWORLD.  The Chairman has a 2.8″ multitouch screen, a finger print reader to unlock the phone, 5 megapixel camera, WiFi, e-mail application, and a web browser.  There is also a kinetic rotor system to charge the phone.  The phone is available in colors Rose Gold, Rose Gold & Blue, Rose Gold & Steel, Stealth Black and Steel & Blue.

No word on price and availability yet.  However there is a preorder page available for the phones.

[via Engadget]