24-karat iPhone 5 goes on sale

On Sep. 27, Gold & Co is set to unveil what it claims is the world’s first 24-karat gold-plated iPhone 5 at the Collector’s Palace in Dubai Mall.

Bloomberg reveal the daily Billionaire Index

Bloomberg has released the “Bloomberg Billionaires Index,” the first daily global ranking of the richest people in the world as part of their coverage of wealth. The index, changes daily depending on stock fluctuations and economic/company news dynamically measured on changing markets and will be updated every business day at 5:30 p.m. Bloomberg Professional service customers can access each billionaire’s profile … Continued

Robb Report 21 Ultimate Gifts 2011

Each year Robb Report comes out with an “Ultimate Gifts” issue of exclusive, jaw-droppingly expensive holiday offerings exclusive to its readers. This year is no exception, with 21 items designed to appeal to those who have everything. Topping the list of profligate presents is a $260 million Boeing 787 Dreamliner VIP jumbo jet with a … Continued

Traveller blows $66,000 on wine at Paris duty free

A shopper has broken the record for duty-free purchases at Paris’s Charles de Gaulle airport by splurging nearly 50,000 euros on six bottles of exclusive wine. The shopper, who was identified only as “an Asian”, bought a bottle of Romanee Conti 1995, a Chateau Margaux 2003, two bottles of Chateau Lafitte 1982 and two bottles … Continued

Rent a Virgin America plane for $60,000

Virgin America is offering a deal on deals site to take a round-trip flight for you and up to 145 of your friends for $60,000. The flight would take you on a full-size Airbus A320, complete with in-flight wifi, seatback entertainment systems, and in-flight meals and drinks. The offer is good for a round-trip … Continued

Fisher Island is America’s Richest Place

Miami’s most exclusive enclave, Fisher Island is still America’s number one “Millionaire Capitol” according to Forbes‘ calculations. combed through IRS data and ranked zip codes by the average income of those who make at least $200,000 a year. They then estimated the average net-worth for people making over $200,000 a year. Fisher Island came … Continued

Jean Paul Gaultier designs a gold bar

Jean Paul Gaultier has designed a 1-ounce gold bar for French gold investment company CPoR Devises, WWD reports. The gold bar features a JPG-designed heart with his name written across it. Currently, one ounce of gold is valued at $1,680.00.

Qatar now world’s richest nation

Qatar surpassed Luxembourg as the world’s richest nation in 2010 and is set to pull away with wealth that’s almost twice that of the US. The IMF’s Chart of the Day shows Qatar’s gross domestic product per capita at $88,221 in 2010, beating Luxembourg for the top spot. The figure may reach $111,963 by 2016, … Continued

China launches gold vending machine

China, already the world’s second largest bullion consumer, has installed the country’s first gold vending machine in a busy shopping district in Beijing. Shoppers in the popular Wangfujing Street can insert cash or use a bank card to withdraw gold bars or coins of various weights based on market prices. Each withdrawal is capped at … Continued

Kirsty Bertarelli’s new Megayacht

Kirsty Bertarelli, the richest woman in Britain and her husband Ernesto have bought the biggest motor yacht ever built in the UK, the 315-ft. foot Vava II. The $160 million megayacht, which now ranks as the 33rd largest in the world, was built by Devonport Yachts in Plymouth and boasts luxury interiors, a helicopter landing … Continued