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  • For the Ultra rich, 2013 was an Excellent Year

    Ivan Andrews / 17 days ago
    For the Ultra rich, 2013 was an Excellent Year

    The rich are climbing up the ladder and better if, they are spending more than they used to in the past. Numerous instances can be quoted to prove this fact. This includes the purchase of 1967 Ferrari for $27.5 million and a piece of art from Francis Bacon being sold for $142.2 million to quote [...]

  • World is not enough: Millionaires bet on space

    Ivan Andrews / 17 days ago
    World is not enough: Millionaires bet on space

    World’s super rich are trying something unique. Time is not far when you will see these elite people set up home in space. According to findings published in the annual report of Knight Frank, sub orbital space travel is soon going to become a reality. The first in the series of sub-orbital flight is going [...]

  • $6.4 trillion – That’s what the rich are worth now!

    Ivan Andrews / 18 days ago
    $6.4 trillion – That’s what the rich are worth now!

    According to a report released by Forbes, the total net worth of rich in the world is around $6.4 trillion. This is a dramatic rise in a year since the numbers last year during the same quarter stood at $5.4 trillion. The Forbes billionaire list for 2014 has around 1645 billionaires which is the highest [...]

  • $201 Million for an Insurance Policy

    Ivan Andrews / 24 days ago
    $201 Million for an Insurance Policy

    Guess what could be the value of the costliest insurance policy. A technology billionaire has purchased one such policy for $201 million. Santa Barbara, a California -based advisory firm which specializes in selling policies to the elite class has managed to make this deal. This insurance policy sale has broken the previous record for the [...]

  • Moscow Becomes the Billionaire Capital of the World

    Ivan Andrews / 27 days ago
    Moscow Becomes the Billionaire Capital of the World

    While it might be true that China might be the fastest growing economy in the world, yet when it comes to the most number of millionaires or billionaires, the country has been found lagging behind. In fact, it is Moscow, the Russian capital which has the most number of billionaires. As per a study report [...]

  • World’s Richest Soccer Club Owner – Lakshmi Mittal!

    Ivan Andrews / 29 days ago
    World’s Richest Soccer Club Owner – Lakshmi Mittal!

    The rich have a particular habit. Despite the recession in economy, the personal fortunes of the rich and the famous hardly dip down. The same can be said about India born Steel tycoon Lakshmi Mittal who is now the richest soccer club owner. According to Forbes, his net worth is now $19.3 billion. Following Mittal [...]

  • Diamonds are forever: Dariya-i-Noor

    Ray Arnab / 30 days ago
    Diamonds are forever: Dariya-i-Noor

    The Sea of Light in Persian or the Dariya-i-Noor is one of the largest uncut diamonds. Pale pink in color, this diamond is one of the rarest and weighs about 182 carats. Though the whereabouts of the real Dariya-i-Noor is debatable, the one which most famous with a similar name and description is a part [...]

  • Karl Lagerfeld set to open a hotel in Macau

    Ivan Andrews / 33 days ago
    Karl Lagerfeld set to open a hotel in Macau

    With Macau leaving Las Vegas behind in the race of generating revenue from gambling, the rich and the famous from the world over have taken a particular affinity for Macau. According to reports, the gambling revenue generated in Macau during 2013 was of the tune of $45 billion which is far more than what came [...]

  • US scrap dealer finds $20m Faberge egg in junk market

    Alberto / 34 days ago
    US scrap dealer finds $20m Faberge egg in junk market

    A scrap metal dealer hailing from the US Midwest had the shock of his life when an apparently innocuous looking gold coloured ornament that he purchased at a market where junk items are being sold turned out to be an extremely valuable item. The dealer had no idea whatsoever at the time of buying the [...]

  • Wealthy invests more on art than on stocks

    Ivan Andrews / 34 days ago
    Wealthy invests more on art than on stocks

    Art has been imitating stocks and this is particularly true when it comes to the cost factor. The trend has been reversing, at least during the last year and the first quarter of this year. Though the stock market might be down for now but the art and collectible car market has witnessed an upward [...]

  • Real Estate for the Super Rich – Perceptions vary and so does the price!

    Ivan Andrews / 34 days ago
    Real Estate for the Super Rich – Perceptions vary and so does the price!

    The super rich have a particular affinity for real estate. However, the perceptions differ when it comes to what rich men and women want from their property. This applies to penthouse properties worth over $80 million which are in much demand these days. When it comes to the men from the elite class looking for such [...]

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