Baby Man

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"Oh, my son loves 'Baby,'" she insists. "A lot of times, because he thinks [Windsor] is just one big baby, he starts to beat up on him!

"It's really funny to see it."

The air in William Windsor's apartment has become stagnant, and he's got a fan blowing full blast in his living room to combat the early stages of summer. Unfortunately, he's also got a dirty diaper. The smell of adult feces festering in his shorts is nauseating.

"You'll have to excuse me," he says. "I had an accident about 10 minutes ago, and I didn't have time to change myself."

The liquidation of his father's estate began last year. In December, in fact, a pair of rare watches his father owned were sold by the San Francisco auction house Bonham & Butterfield's for more than $600,000. One of the watches -- an 18 karat pink gold Patek Philippe -- sold for a record $374,750 on its own.

Windsor insists that, once he signs the final paperwork later this summer to receive his inheritance, the money won't change his lifestyle. He refuses even to contemplate the idea.

"I'm not gonna fight it anymore," he says. "Sure, I could definitely be 'normal' -- whatever that means -- not having to worry about money anymore. But this is who I am."

He's working with a JP Morgan investment banker, whom he says has set up "an investor's allowance" for him. "I don't need anything extravagant," he says.

But he will move out of his apartment, possibly before the lease is up. He'd like to find a house, but he's worried about homeowners associations, and neighbors who might make it difficult for him to live in peace.

"Of course, my investment banker tells me not to worry about that, but I know better," he says.

More likely, he'll buy a trailer or a condo somewhere in the East Valley, and turn it into a larger dollhouse than the one he currently lives in.

"If I became 'normal,'" he says, "I'd throw out everything, waste a ton of money, and then I'd just go back out and buy it all again in three or four months. But I think I'm in a position where I don't have to worry about that anymore.

"I'm able to live my dream."

But he's still looking for someone to change his diapers.

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Joe Watson