The Australian mining magnate, Clive Palmer handed out over 10 million dollars worth of Christmas bonuses to his lucky staff.

55 Mercedes-Benz cars and 700 overseas holidays were handed out to the Townsville nickel refinery staff.

The staff that missed out on a holiday or car didn’t miss out entirely; Palmer spent $2 million on a Christmas party.

China’s first International luxury brand, Shanghai Tang has launched its 2010/11 Gift Collection which is inspired by the woodlands of China.

Each image is a dramatic juxtapose of exquisite Shanghai Tang creations set amongst a natural wonderland in ways you’ve never imagined…

A private jet company has introduced the gift card for that person who has everything this holiday season — but it will set you back at least $42,000.

The new card, offered by private aviation group InJet, offers ten hours of flying in one of the firm’s 25 planes.

It is available in three figures for flexibility, costing $42,000 for a light aircraft, $54,500 for a midsize jet and $81,000 for a heavy jet (up to 14 passengers).

The Vanilla Trike was custom built by bike maker Sacha White for his daughter, which costs him around $10,000.

Looking for the perfect gift for someone who has (almost) everything?

Then the December issue of Robb Report is a must-have with its exclusive “Ultimate Gift Guide,” perfect for those for whom cost is no object.

And this year, the world’s most expensive gift is a matching custom private jet and megayacht set costing $500 million.

Lamborghini has produced a range of limited edition gift-boxed candles and ceramic baubles, inspired by its Gallardo LP 550-2 Valentino Balboni.

The color scheme for the gifts includes Blue Caelum and White Monocerus which are two of the eight colors the limited edition Gallardo is available in.

The Lamborghini 2009 Christmas gifts collection also includes 2010 wall and desk calendars, winter clothing and T-shirts.