The winning bidder for a private lunch with billionaire Warren Buffett has set a new record for the cost of dining with the investor, after pledging $2,626,411 for the meal.
The winning bid at the annual charity auction broke the record set last year by a little more than $100.
The opening bid started at $25,000. When the charity lunch began in 2000, this was the price of the winning bid!
In booming India, being rich is not enough. For the moneyed classes, it’s increasingly about flaunting their wealth in ways typical of the nouveaux riches in Russia, China or the Middle East.
India’s well-heeled used to be more shy about displaying their wealth in the decades after independence from Britain when a tightly-controlled economy and dominant socialist thinking limited the opportunities for showing off.
But many prosperous Indians are embracing conspicuous consumption, turning their backs on the mantra of frugality espoused by independence hero Mahatma Gandhi, the father of the nation who eschewed possessions.
The world’s richest individuals can now shop and swipe in style with the new release of the JP Morgan Palladium credit card.
The card is made of palladium—a rare silvery metal that resembles platinum—and 23 karats of gold. The JP Palladium credit card itself is worth a whopping $1,000.
The JP Morgan Palladium credit card offers benefits and features unlike any other credit cards currently on the market.
Forbes magazine has released its annual Fictional 15, which ranks the richest characters from television, film, comics and books.
On top of the list is Scrooge McDuck, a billionaire bird known for storing a fortune in gold coins inside a massive Duckburg “money bin.”
With the price of gold up more than 30% year over year, the quacking Croesus’ net worth soared to $44.1 billion.
Richard Branson unveiled plans Tuesday to pilot a “flying” mini-submarine down to the furthest depths of the oceans, in his latest record-breaking adventure.
The Virgin Oceanic craft will try to reach the deepest points in each of the world’s five oceans, starting with the deepest of them all, in the western Pacific later this year.
“With space long ago reached by man, and commercial spaceflight tantalizingly close, the last great challenge for humans is to reach and explore the depths of our planet’s oceans,” said Branson.
Billionaire business magnate Donald Trump is ready to shell out $600 million of his own cash to become President.
He told ABC’s “Good Morning America” on Thursday that his name recognition would probably save him “hundreds of millions of dollars” compared with other candidates.
The 64-year-old, who held the interview aboard his private jet, said he’d announce his decision by June.