Australian billionaire Clive Palmer is looking for a way “to clone a dinosaur from DNA” as part of the park-style area at his new resort in Coolum.

Reports suggest that Palmer has been in “deep discussion” with the team that successfully cloned Dolly the Sheep.

L’Oreal heiress Liliane Bettencourt, France’s richest woman, has sold a string of private islands in the Seychelles to a firm linked to an ocean conservation foundation.

Bettencourt, 89, bought D’Arros Island along with several neighbouring islets for $18 million in 1998 and recently sold them for $60 million to a Seychelles-registered business, Housing and Habitat Minister Christian Lionnet said.

The stunning islands are located in the Indian Ocean, about 250 kilometres (155 miles) southwest of the main Seychelles island of Mahe.

Oracle boss Larry Ellison has bought a Hawaiian island from a fellow multi-billionaire businessman, the governor of the US Pacific Ocean state said.

Ellison, co-founder and chief executive officer of the tech giant, has purchased 98 percent of the 141 square mile (365 square kilometer) island of Lana’i from its owner Castle & Cooke, governor Neil Abercrombie said on Wednesday.

Gina Rinehart is now the world’s richest woman, says BRW Magazine. The Australian miner, worth nearly $30 billion, earns about $50 million a day.

Thanks to foreign investments in iron ore, its increased production and recovery, she earns more than the likes of Christy Walton (Wal-Mart) and Oprah Winfrey.

One of Australia’s richest men, Clive Palmer, on Monday unveiled plans to build a 21st century version of the doomed Titanic in China, with its first voyage from England to New York set for 2016.

Palmer, a self-made mining billionaire, said he had commissioned state-owned Chinese company CSC Jinling Shipyard to construct Titanic II with the same dimensions as its predecessor.

“It will be every bit as luxurious as the original Titanic but of course it will have state-of-the-art 21st century technology and the latest navigation and safety systems.”

A Saudi millionaire splurged $136,000 on a bottle of champagneat Dubai’s glitzy Cavalli club over the weekend, a UAE newspaper reported on Tuesday.

“The Saudi Arabian and his friends guzzled” a bottle of Louis Roederer Cristal in the early hours of Saturday morning, the 7DAYS newspaper said.

The vintage bottle was “one of just three believed to be available worldwide,” the paper added. The other two were for sale at nightclubs in New York and London.