Mercedes-Benz SL350 and GL500

Flashy fashion grows as India’s rich flaunt wealth

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 [...]

JP Morgan Palladium Credit Card

JP Morgan Releases no limit Palladium Credit Card

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 [...]

Virgin Oceanic Sub

Branson Unveils Virgin Oceanic Submarine

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. [...]

donald trump interview private jet

Trump: I’d Pay $600 Million for White House

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 [...]

billionaires 2011

The world’s billionaires 2011

Carlos Slim Helu remained the world’s richest person, but Asia is where today’s big money is flowing, Forbes magazine said in its 2011 list of the world’s billionaires. Slim, who is almost unknown to the general public outside Mexico, weighed in at a staggering $74 billion of net wealth thanks to his telecoms empire. Already [...]

Mubarak worried

Mubarak: World’s Richest Man?

The New York Post picks up a Guardian report that embattled Egyptian President Hosni Mubarak could be the richest man in the world. Worth about $70 billion, the Post says most of his money is stashed in foreign bank accounts and “shadowy real-estate holdings.” That sum makes Mubarak more wealthy than Mexico’s Carlos Slim and [...]

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