Archive for August, 2010

Ten Most Expensive Divorces

1. Rupert and Anna Murdoch – $1.7 billion
Rupert married Anna in the 1960s, with the pair remaining together for 32 years, having three children. They split amicably in 1998. The divorce was finalised in June 1999 when he agreed to let her leave with $1.7 billion. 17 days later he married Wendi Deng.
2. [...]

Wednesday, August 25th, 2010

Mega Hotel complex opens in the Muslim holy city of Mecca, Saudi Arabia.

Luxury hotel chain Raffles – one of the Singapore’s top hotel and resort chain – has opened its seventh property in the Muslim holy city of Mecca, Saudi Arabia. The 213-room hotel is Raffles’ second property in the Middle East, following the opening of its Dubai property in 2007. Looking over the Grand Mosque [...]

Wednesday, August 18th, 2010

Billionaires Row: Top 10 most expensive streets in the world

Avenue Princesse Grace is the most expensive street in the world to buy property, where $120,000 (€84,985) will purchase just one square metre of prime real estate, according to a survey by Wealth Bulletin. Prime residential property on the top 10 most expensive streets in the world saw their overall value fall by 12% in [...]

Thursday, August 12th, 2010

How super rich live in China

A new report has revealed that Beijing has the maximum number of rich people in China. The latest Hurun Report on China’s wealthiest people said that there are 143,000 (yuan-)multimillionaires and 8,800 billionaires in Beijing. In Shanghai, there are 116,000 multimillionaires and 7,000 billionaires, reports the China Daily. The report also sheds light on how  [...]

Thursday, August 12th, 2010

THE SECRET AGENT FOR FOREIGN BILLIONAIRES

As Simon Cowell was turned away from the door by a 30-strong phalanx of bouncers, while his former girlfriend and protegee, the bejewelled Sinitta, was waved through into a vast foyer filled with dry ice, it became clear that this was no ordinary house party. But then, the venue was no ordinary house. It was [...]

Tuesday, August 10th, 2010

Invasion of the Bling-ionaires from the Middle East: Meet Britain’s most jaw-droppingly ostentatious tourists who have supercars flown from the Middle East to UK by private jet

A sunny Thursday afternoon in August and the cars circling Harrods need to be seen to be believed. Million-pound Bugatti Veyrons – normally a rare sighting, even on the well-heeled streets of Central London – are, around here, about as common as Ford Fiestas. Other cars, in a display that [...]

Tuesday, August 10th, 2010

London’s £140m penthouse flat as super-rich buy trophy properties

A London penthouse flat is set to be sold for more than £140 million as super-rich international buyers snap up “trophy properties” in the capital, the Standard reveals today. The two-floor apartment at the One development in Knightsbridge features bullet-proof windows, an air purifying system and a panic room. Hyde Park The [...]

Tuesday, August 10th, 2010

Roman Abramovich’s 40-strong private army

THE Russian tycoon Roman Abramovich has boosted his security staff to create a 40-strong “private army”, making him one of the best-protected tycoons in the world. According to security sources, the owner of Chelsea football club now has about 20 bodyguards in Britain. A similar number are employed to protect him [...]

Tuesday, August 10th, 2010

McLaren shows off London showroom at One Hyde Park Knightsbridge

McLaren has confirmed its flagship London dealership will be based at One Hyde Park in Knightsbridge. Strategically located between Harvey Nichols and Harrods, the landmark development is due to be completed at the end of the year. Jardine Motors Group, McLaren Automotive’s London dealer, has secured the largest ground floor retail unit for a [...]

Tuesday, August 10th, 2010