
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 Bill Gates, whose fortunes clock in at $53.5 billion and $53 billion, respectively.


German carmaker Mercedes Benz reintroduced its hyper-luxury Maybach car in India on Tuesday, pitching it at the country’s growing number of super-rich.
The car, which can touch speeds of 275 kilometres (170 miles) an hour, will be priced at up to 51 million rupees ($1.1 million).
“There are customers out there who can afford the unparalleled luxury of this car,” said Mercedes Benz India chief executive Peter Honegg at the launch, saying the company was aiming its cars at those who can afford private jets.

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Yachting on 11th January 2011 |
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Google’s billionaire cofounder Larry Page just bought a $45 million superyacht called Senses from a New Zealand business man named Sir Douglas Myers.
The stylish 194-ft. expedition superyacht was designed by Kusch Yachts and built back in 1999 at Germany’s Schweers yard with a refit in 2010.
The superyacht features interiors by design genius Philippe Starck with accommodation for 10 guests and 14 crew over six decks.

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Yachting on 4th January 2011 |
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After a year-long delay, Russian oligarch Roman Abramovich finally took delivery of the world’s largest and most expensive yacht, the Eclipse.
The “gigayacht” measures anywhere from 533 ft. to 557 ft. (depending on reports), and is the world’s largest privately owned yacht.
The cost of the behemoth has also been variously reported as $500 million – $1 billion. It is the world’s most expensive private yacht either.


Russian billionaire Roman Abramovich is reportedly flying in the Black Eyed Peas to perform at his New Year’s Eve party in St Bart’s, the Telegraph reports.
The Russian billionaire owns a $90 million, 70-acre estate on the Caribbean island and the hip hop band will perform for guests seeing in 2011 there.
His estate in St Bart’s, which is situated on a lush hillside, includes swimming pools, pavilions and bungalows with ocean views for guests.


Ukrainian billionaire Victor Pinchuk spent $6.2 million on Saturday night to entertain 300 guests at his 50th-birthday party in the posh French ski resort of Courchevel.
He not only flew in Canada’s Cirque du Soleil but also hired superchef Alain Ducasse to prepare the menu at one of Courchevel’s 11 five-star hotels.
But the steel magnate’s birthday blowout revolted many locals in an area tired of being a winter playground for the Eastern European jet set.
