Biblical Manuscript For Sale at Sotheby’s

Forbes reports that Sotheby’s is offering a 1,500-year-old biblical document that includes layers of text and meaning–in three languages. Known as the Codex Climaci Rescriptus, the piece was written over the span of three centuries and stowed in a sacred monastery until landing in the hands of a pair of British twins by way of … Continued

Thai king world’s wealthiest royal

No. 1 on Forbes’ list, for the second year in a row, is Thailand’s King Bhumibol Adulyadej. He is worth $30 billion, $5 billion less than last year, as a result of double-digit declines in real estate and stocks owned via the Crown Property Bureau, the state investment vehicle of which he is a trustee. … Continued

Russian Billionaires Reluctant to Give Up Their Toys

For most of the decade, Russian billionaires spent hundreds of millions of dollars on boats, jets, expensive art and the occasional football team. But, despite strained bank accounts and public outrage, the tycoons have been loath to part with their expensive trinkets, choosing instead to hunker down and wait for better days. To be sure, … Continued

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

Synchrony Fractional Yacht Ownership

“First there were summer house shares, then fractional jet ownership. Apparently, the next step in spreading the wealth is Synchrony, which offers syndicated yacht ownership.” Indeed, owning a yacht is far from a practical proposition, with a high buy-in cost, increasing annual costs and a depreciating asset that remains unused for much of the year. … Continued

How The Luxury Consumer Will Spend In 2009

According to Forbes, wealthy consumers will spend, but differently than before. Exclusivity will be embraced as will quality and dependability. What’s more, luxury brands will begin offering discounts and incentives-something many have never done before. “The days of shopping ’til you drop are over,” says David Lamb, chief strategic officer at diamond giant De Beers, … Continued

The Most Expensive Fictional Houses

Forbes just came out with its first ever ranking of the most expensive houses in the world – that don’t actually exist. All the properties had to be primarily residences and they excluded castles. The most expensive fictional house, according to Forbes, is Xanadu, the home of newspaper baron Charles Foster Kane in Citizen Kane, … Continued

America’s Most Expensive ZIP Codes

Forbes has just released its annual ranking of the 100 most expensive zip codes in America. Beverly Hills 90210 for example, barely makes it into the top 10 nowadays with a median home price of $2.41 million, while Bel Air (90077) lags way back at No. 29 with a median price of $1.72 million. New … 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

Forbes list of overpaid stars

Everybody likes to hear about vastly wealthy people failing, particularly during the credit crunch. That is why Forbes Magazine, well-known for its lists – including its lists of the richest Americans (the Forbes 400) and its list of billionaires – has made a list to see which actors are the most “overpaid”. The magazine has … 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

The world’s richest royal sovereign

Thailand’s revered King Bhumibol Adulyadej is the world’s richest royal, with a fortune estimated at $US35 billion, according to a Forbes magazine list dominated by Middle Eastern monarchs riding high on surging oil prices. King Bhumibol, 80 years old and the world’s longest-reigning monarch after six decades on the throne, is regarded as semi-divine by … 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

Blink – A new private jet taxi service

With oil skirting $130 a barrel and demand for business-class travel slowing, it’s not the best time to launch an airline . However, Forbes reports that Peter Leiman and Cameron Ogden, two Harvard Business School graduates are launching the new private jet taxi service, Blink, on June 12. Blink’s current flight plans take you through … 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

Cash Queens of Music

Music icon Madonna topped Forbes magazine‘s first-ever list for the ‘Cash Queens of Music’. Madge’s earnings of 72 million dollars were 12million USD more than that of second place star Barbara Streisand, with an earning of 60million dollars. Third place on the list went to Celine Dion with 45 million dollars in the bank, reports … Continued