Prince Alwaleed bin Talal, ranked #29 on the list of global billionaires by Forbes magazine, has sold off his Airbus A380 jet plane.
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.
Chinese billionaires have lost one-third of their combined wealth over the past year, according to new research, reported CBNC Monday.
Singapore is set to be among the world’s richest economies by 2050 on a per capita basis, according to a study by Knight Frank and Citibank.
Australian billionaire Clive Palmer reportedly plans to clone a real dinosaur from ancient DNA samples for a Jurassic Park-style area at his new theme resort.
L’Oreal heiress Liliane Bettencourt, France’s richest woman, has sold a private island in the Seychelles to a firm linked to an ocean conservation foundation.
Billionaire Oracle chief executive Larry Ellison has bought 98 per cent of Hawaii’s sixth-largest island, Lanai.
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.
One of Australia’s richest men, Clive Palmer, on Monday unveiled plans to build a 21st century version of the doomed Titanic in China.
A Saudi millionaire splurged $136000 on a vintage bottle of Louis Roederer Cristal over the weekend at glitzy Cavalli club in Dubai.
Private submarine voyaging is one of the world’s most exclusive hobbies.
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
On Saturday night, Roman Abramovich opened his French Caribbean paradise, the 70-acre Gouverneur Bay Estate, to 400 guests for a New Year’s Eve party.
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
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
Virgin America is offering a deal on deals site Giltcity.com 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
Miami’s most exclusive enclave, Fisher Island is still America’s number one “Millionaire Capitol” according to Forbes‘ calculations. Forbes.com 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 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 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, 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