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A Luxury Yacht with submarine and missile defences

Russian billionaire Roman Abramovich’s new $400 million, 555-ft. Eclipse, designed to be the world’s biggest (and so named because Abramovich desires that it overshadow all other boats at sea) will have a military-grade missile defense system to keep the oligarch safe. Abramovich owns three other megayachts already: the 377 ft. Pelorus, the 282 ft. Ecstasea … Continued

China now has more super rich than Japan

China now has more super rich than Japan, mostly entrepreneurs benefiting from the country’s surging economic growth. According to a survey released by Capgemini and Merrill Lynch on Sept. 25, at the end of 2007 China boasted more than 6,000 people worth more than $30 million a piece, excluding their principal residence. Japan only had … Continued

New Forbes 400 Richest List 2008

With 57 billion dollars net worth Microsoft founder, Bill Gates, has recovered his spot at the top of the US money heap, displacing investor Warren Buffett as America’s richest person, Forbes magazine’s latest list reveals. According to Forbes, whose list was published late Wednesday, the golden 400 have 1.3 billion dollars net worth or more. … Continued

Wrap your presents in uncut sheets of real dollar bills

When it comes to gifts usually it’s what’s on the inside that counts , right? but that’s not necessarily the case for the gifts Edwina Rogers gives : she wraps her presents in uncut sheets of real, government-issued, dollar bills. The wife of Washington lobbyist Ed Rogers gets the money sheets from the United States … Continued

Zimbabwe : A nation of billionaires

Thanks to Gideon Gono, the present Governor of the Reserve Bank and President Robert Mugabe, Zimbabwe now has the highest percentage of Billionaires per capita than any other country in the world. Once dubbed the “bread basket” of Africa, Zimbabwe has been struggling with the world’s highest rate of inflation – 12,500,000% – and years … Continued

Liliane Bettencourt is the world’s richest woman

Liliane Bettencourt, daughter of Eugene Schueller, the man who founded cosmetics giant L’Oréal, tops Forbes’ just-released list of the richest women in Europe with a fortune of $22.9 billion. That also makes her the world’s richest woman and the 17th richest person on earth, according to Forbes. She is also the second richest person in … Continued

Tiger Woods Will Be World’s First Billionaire Athlete

According to Forbes, Golfing pro Tiger Woods will become the world’s first billionaire athlete in the next few years. In 2007 alone, Woods earned $115 million, $65 million more than the second highest paid athlete, David Beckham. Woods’ career earnings will hit the $1 billion mark by 2010 but given the taxes (45%), Tiger Woods … Continued

How Rich Are You ?

What does it mean to be rich? We have only the vaguest idea, generally, which is why it’s so hard to pinpoint in ourselves. Every year a lot of magazines release the lists of the richest people in world. Wondering whether you would sit on one of those lists? Here’s your chance to find out. … Continued

Eddie Healey Pays Girls Aloud £125,000 For Performance

Feisty pop group, Girls Aloud made a fast £125,000 ($250,000) for a 1 hour performance at British Billionaire, Eddie Healey’s 70th birthday party. By all accounts, Mr Healey went to town with the rest of his bash by spending a further £300,000 ($600,000) on hiring a ballroom and entertaining 300 guests at London’s Dorchester Hotel. 

Despite tough times, ultrarich keep spending

Who said anything about a recession? Sometime between the government bailout of Bear Stearns and the Bureau of Labor Statistics report that America lost 80,000 jobs in March, Lee Tachman spent roughly $50,000 last month on a four-day jaunt to Miami for himself and three close friends. The trip was an exercise in luxuriant male … Continued

How To Live Rich

When the middle-class millionaire wants to wow her, he buys a diamond. Only the millionaire buys the rarest stone, one no one else will have. On his travels, the millionaire goes where no one can find him–to an exclusive island resort featuring $185,000 fractional memberships in luxury vacation homes. And at home, he relaxes not … Continued

The World’s Billionaires

Bill Gates is now only the third richest man with a net worth of $58 billion. Mexican telecom mogul, Carlos Slim Helú, trumps Gates by $2 billion. Had Microsoft not made an unsolicited bid for Yahoo!, Gates would have kept the number one spot, which is now filled by Warren Buffet. Naturally, the list had … Continued

Mean customer leaves $50,000 to a waitress

For nearly seven years Melina Salazar did her best to put on a smile and tend to the every need of her most loyal and cantankerous customer. She made sure his food was as hot as he wanted, even if it meant he burned his mouth. And she smiled through his demands and curses. The … Continued

China: second largest billionaire population

It is official that China has become the country with the second largest population of billionaires in the world, just behind the US. Revealed by the World Entrepreneur magazine, a list of 2007’s top 500 Chinese magnates determined their combined wealth more than 587 billion dollars. Though the list included many from Chinese mainland, Taiwan, … Continued