World’s top 10 most expensive marinas

Italy is the most expensive place in the world to berth a super-yacht, where it can cost up to €2,900 a night to moor a 24 metre-plus boat.

The Italian resorts of Capri, Porto Cervo and Portofino topped Wealth Bulletin’s annual survey of the most expensive resorts in the world to berth a super-yacht.

Experts say Italy has retained its allure as one of the most-visited superyacht communities in the world – underlining the price paid at luxury marinas like Porto Cervo in Sardinia.

However, prices can fluctuate wildly during peak times, especially in the famed South of France marinas of Monaco, St Tropez and Cannes.
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China’s mainland has over 875,000 multimillionaires

super rich chinese

The Hurun Research Institute published the 2010 Hurun Wealth Report today for the second consecutive year.

The report analyses the number and distribution of China’s wealthy across the nation’s major cities and provinces.

The report shows that there are 875,000 people with more than RMB 10million (EUR 1.1M / USD 1.47M) in China today, an increase of 6.1% from last year.

This growth has occurred against a background of strong economic performance in China‘s economy.

GDP grew by 8.7% in 2009 to RMB 33.5trillion, and the Shanghai Composite Index rose over the same period from 2300 points to 3000, an increase of 30%.
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Christie’s sued in counterfeit wine case

A Palm Beach billionaire has uncorked a suit charging Christie’s auction house is in cahoots with counterfeit wine sellers.

William Koch is still steaming about four bottles of wine supposedly owned by Thomas Jefferson that he bought for more than $300,000, which allegedly turned out to be fakes.

He’s already sued the seller – and now he’s trained his sights on the auction house, claiming it knew the Bordeaux was bogus.
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Mexican Carlos Slim world’s richest in new ranking

The world’s new richest man, Mexican Carlos Slim, and a fresh crop of billionaires in Asia helped lead a comeback for the wealthiest few on the planet in 2010, Forbes magazine said Wednesday.

The publication’s annual rich list reflected a resurgence of wealth after the financial turmoil of 2009, with the top 10 wealthiest worth a combined 342 billion dollars, compared to 254 billion dollars in the previous year.

“The global economy is recovering. The financial markets came back, especially emerging markets,” said magazine editor-in-chief Steve Forbes.

“There’s a 50 percent increase in general global wealth compared to last year,” Forbes said.

Certainly the economy recovered for the super rich, who took a beating during last year’s stock and commodity market collapses, but saw across-the-board gains this year.

Forbes counted 1,011 billionaires from 55 countries, up from 793 last year, though still shy of the pre-crisis 1,125 listed in 2008.
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World’s 20 richest people: Forbes

The top 10 richest people in the world have a combined worth of 342 billion dollars in 2010, up from 254 billion a year ago.

Here are the 20 wealthiest, as announced Wednesday by Forbes magazine in its annual list of the world’s billionaires:

1. Carlos Slim Helu and family. Mexico. Telecoms. 53.5 billion dollars.

2. Bill Gates. US. Microsoft. 53 billion dollars.

3. Warren Buffett. US. Berkshire Hathaway. 47 billion dollars.
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A toy for every billionaire at Verona luxury fair

Shoppers wondering how to deal with the afterlife found an answer Friday — a cell-phone-equipped golden coffin, one of many items on display at the opening of an international luxury fair in Verona.

The coffin was priced at a mere 280,000 euros (381,000 dollars), while a diamond-studded, cancan-style wedding gown in pink chinchilla fur could be scooped up for 220,000 euros.

More traditional items include a boat running on a Ferrari engine and a crystal-covered piano, whose price was undisclosed.

A limited-edition sports car was priced at 1.3 million euros, while the more ecologically conscious could opt for a 24-carat gold racer bicycle.
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