Taek Jho Low

Paris Hilton and Taek Jho Low

You know the yacht that Paris Hilton has been touring the Mediterranean on the past few weeks? She didn't rent it. It belongs to Taek Jho Low (that handsome devil above), a mysterious Malaysian businessman who's been paying Paris' way across Europe and buying her anything she wants. Like almost $5 million of champagne. From Mr. Paparazzi:

After her escapades the other day, we thought that Paris Hilton had already had more champagne poured all over her than one person could possibly handle in a lifetime - but apparently not so.

During a night in St.Tropez earlier this week the socialite’s uber rich pal Taek Jho Low - who she’s recently been travelling with - spent a whopping 3.5 million Euros on buying gigantic bottles of Crystal for Paris and her champagne guzzling friends - which they then promptly poured all over themselves. Obviously (why, what else are you supposed to do with it?)

Apparently the Malaysian tycoon decided to splash out on the ridiculous lavish gift for the reality star after the socialite had come face-to-face with her ex Doug Reindhart who was in the same club as them.

According to club revellers Doug tried to compete with Jho Lo by buying four gigantic bottles of Crystal but that was no match for the Malaysian businessman who then went onto buy the club’s entire supply of bubbly.

Of course the obvious question on everyone's mind is what exactly is Taek getting in return for his millions spent? Now I don't want to accuse her of anything, but don't be surprised if Paris disappears off the face of the earth for 9 months and then suddenly reappears pushing a newborn Asian girl in a stroller down Melrose. "Meet my new daughter Dum Slut."

*31 pictures total in the gallery: