World's most expensive hot dog costs $1,501

LITTLE ROCK, Ark. (KABC) -- It's being called the world's most expensive hot dog, and even a single bite will set you back a fortune.

They are made from a quarter-pound of premium beef and topped with lobster tail, saffron aioli and gold flakes. A Little Rock, Ark., vendor sold four of these dogs for $1,501.

The vendor, who calls himself "Hot Dog Mike" is giving away $1,500 for each hot dog he sells to a charity that supports the homeless.

He's keeping $1 from each sale for himself.

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