The 2009 Forbes billionaires list

The American national business magazine, Forbes, compiled and published the list of billionaires including the world’s wealthiest people as of the first quarter 2009, based on each person’s total net worth. Bad news for rich people: last year there were 1,125 billionaires, but this year there are just 793 people rich enough to make the … Continued

La Leopolda Villa Sale – Will Prokhorov get his Deposit Back?

The ongoing saga of the sale of the most expensive villa in the world continues. Back in August we reported that Prokhorov, the Russian billionaire, was the mysterious purchaser of the Villa Leopolda – on the French Cote D’Azur – at the price of 365 million Euros ($545 million) – which was a staggering price … Continued

MasterCard to issue diamond-studded cards

We have earlier introduced you to some of the very exclusive cards, including the American Express Black Card, and the diamond-studded Royale MasterCard for Dubai’s elites. Now, MasterCard and Kazkommertsbank, the second largest bank in Kazakhstan, together are bringing a MasterCard credit card festooned with gold and diamonds. Known as the “Diamond”, the card has … 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

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

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

aSmallWorld – a Facebook for Millionaires

aSmallWorld is an online social network service similar to Facebook. Also called “Snobster” by critics, it is an exclusive invitation-only network with roughly 250,000 members. Founded in 2004 by by Swedish banker and globetrotter Erik Wachtmeister, the network is mainly about lifestyle, society, celebrities: Naomi Campbell, Ivanka Trump, Quentin Tarantino, Paris Hilton, Tiger Woods, Prince … Continued

Residence Superieur : Live like a Billionaire

Résidence Supérieur is an extreme luxury concept designed by internationally known lifestyle designer Richard Nilsson, located on the French Riviera in Cannes. The concept include super sports cars, private jets, yachts, butlers, chefs, bodyguards and basically any other service you may wish for. Guests can get access to an exclusive car fleet, regularly updated, which … Continued

One $400 million super-yacht with three Monet paintings onboard

This $400 million super-yacht was built for a Russian oligarch, Andrey Melnichenko, 37, who is worth $9.2 billion and was ranked 172 on the Forbes list of the world’s richest people. There is a large master suite as well as six luxury cabins for up to 14 guests and enough room for 42 crew members. … Continued

The most expensive house in the world

A mansion in London is set to sell for £117million ($230 mn) – making it the world’s costliest home. The palatial residence, on a street dubbed Billionaires’ Row, is believed to have been bought by Britain’s richest man, steel tycoon Lakshmi Mittal. He is believed to be close to exchanging contracts with owner Noam Gottesman, … Continued

Luxury Clinic For Russian Billionaires

Caviar for patients recovering from a blood test, psychoanalysis at 10,000 dollars per hour: nothing is too much for ailing billionaires at the Neo Vita clinic in Moscow’s swishest suburb. For the clinic’s founder, Artyom Tolokonin, ensuring good health for the capital’s super-rich inhabitants is even better for his pocket book. The 33-year-old psychoanalyst says that … 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

$300 million for A380 Flying Palace

With 10,000 private jets flying in the U.S., a few billionaires are signing up for something roomier – jumbo jets that can be outfitted as mobile mansions. WSJ’s Wealth Report highlights on one such client, a Middle Eastern head of state, who shelled out $300 million on the notorious Airbus 380, an aircraft which is … 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