September 11th, 2009
Morgan Stanley is set to launch wealth management services for the super-rich in India, Reuters reports.
It’s going to be India’s most exclusive super-rich club, with membership restricted to those with a minimum investible surplus of $1 billion.
Why India? India is the world’s second fastest growing economy and according it has the second largest number of billionaires in Asia after China.
August 25th, 2009
Prince Andrew, the Duke of York, is the latest victim to the economic downturn.
Luxist reports that ski chalet rental company Descent International has gone into liquidation meaning that guests may lose their deposits for winter vacations.
A total of nearly £500,000 including a deposit made by the Duke of York might not be returned.
July 15th, 2009
My House is a new nightclub in Los Angeles that has been designed by Dodd Mitchell.
The club’s interior reinterprets the classic house party by feeling and functioning like you’ve entered someone’s private home.
July 1st, 2009
A new concept in executive and luxury travel memberships is coming next month, which will open the doors to a fantasy world for super-rich seeking access to elite air travel.
Called Air Platinum Club, the concept offers its members the access to a wide selection of luxury travel options ranging from private jets to luxury watercrafts.
The fleet of private jets includes the Gulfstream GIV SP, two Bombardier Global XRS planes, the Falcon 2000 and Falcon 50.
May 30th, 2009
Chaired by the Editor of the Financial Times, Lionel Barber, The FT Business of Luxury Summit will bring together leaders from one of the world’s most successful industries.
This year’s theme is “Beyond Green: Economics, Ethics and Enticement”.
The annual event, now in its fifth year, will be hosted at Monte Carlo’s Salles des Etoiles in June, and will be attended by luxury brands, luxury consultants and brand experts.
Debates are expected to centre around the impact of the economic crisis on the luxury sector and future plans for businesses to become more ethical and environmentally friendly.
May 23rd, 2009
A Hong Kong-based company is offering memberships in what is billed as the world’s most expensive private club for $15.2 million apiece.
Only 100 Charter Corporate Platinum Memberships in the Richman’s IMC (International Millionaire’s Club) will be available worldwide, good for 30 years.
The club, to be known as Richmans IMC (for International Millionaire’s Club), is in effect an all-access, first-class VIP pass to RS Managements properties and…
… affiliates including megayachts, yacht clubs, jockey clubs, country clubs, golf courses, ski resorts, gentlemans clubs, supper clubs, luxury hotels and restaurants around the globe, eliminating the need for multiple memberships.
