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Spear's Magazine and WealthInsight Report Shows Global Multimillionaire Gender Gap

A recent research project conducted by Spear's magazine and WealthInsight has uncovered a stark gender gap among high net worth individuals: Only 10 percent of the world’s multimillionaires with a net worth of $30...
By: James Rothaarcomments 0 | 2013

Just How Much Do Twitter's Top Executives Make?

Twitter's highest-paid starting salaries
By: JustLuxe Teamcomments 0 | 2013

This probably won't come as a surprise for those who work at Twitter, but for the rest of us who always wondered how much those top executives at the company make from of our tweets about eating breakfast, CNN is here to tell you. On top of the dollar pile is Chief Executive Officer Dick Costolo, making $200k annually and once stock and option awards are added, it bumps up to $11.3M. Next up is Senior Vice President of Engineering Christopher Fry, who makes $10.1M once everything is added up. The President of Global Revenue comes in third at $6.5M, the Director of Sales Operations makes between $192k and $209k, and the Staff Engineer comes in fifth with $186k. For the complete Top Ten, visit CNN Money.

The Godfather of Sports Insurance: An Interview With Rich "Big Daddy" Salgado

Rich “Big Daddy” Salgado the CEO of Coastal Advisors, LLC
By: James Rothaarcomments 0 | 2013
When I was assigned the task of interviewing Rich “Big Daddy” Salgado, the CEO of insurance brokerage company Coastal Advisors, LLC, I wasn’t sure what to expect or what my exact angle would be. Two minutes into getting to know Mr....

Demeure's Vacation Vision: Creating Collaborative Travel Experiences in The Sharing Economy

Peter Schwartz, CEO Peter Schwartz, is CEO and founder of Demeure, an online travel provider that operates its own travel marketplace and licenses its proprietary Marketplace Management System (MMS) to others to power their own networks, allowing travelers,...
By: Susan Kimecomments 0 | 2013

Spear's Magazine Releases List of Top Millionaire-Producing Schools and Majors

Students who want to become millionaires should attend Harvard University or major in engineering, according to a recent study performed by WealthInsight for Spear’s magazine. The ivy league giant topped the list of the 500 schools that...
By: James Rothaarcomments 0 | 2013

Digital Assets for Sale: Top Level Domain Names Go to Auction

Domain Names Go to Auction
By: James Rothaarcomments 0 | 2013
A bevy of generic domain names will go to the highest bidders at the first auction of its kind to be presented by a high-end auctioneer November 21 in New York City. One- and two-word domain names that succinctly describe specific objects and...

Lufthansa Honors Joe Sutter "Father of the Boeing 747" at The Lambs Club

Lufthansa Boeing
By: Kimberly Fishercomments 0 | 2013
On November fourth, members of the media, special guests and aviation experts gathered at The Lambs Club with Lufthansa Airlines to honor Joe Sutter the “Father of the Boeing 747” with the Lufthansa Lifetime Achievement in...

Where To Send the Kids to School—The Top 20 Universities in the World For Producing Millionaires

Harvard University
By: Marissa Stempiencomments 0 | 2013
In case you were wondering where to send your children to college, or just want to check for your own alma mater, Business Insider has curated a list of the top 20 universities in the world for producing millionaires. And while many millionaires...

Power of Positivity: Got Your 6 Transcends Politics In Support of Veterans

By: Mila Pantovichcomments 2 | 2013
"I've got your six" quite literally means that you have someone's back, that you have them covered in any situation and you'll be there for them no matter what. While this phrase is used often in the military, the Got Your 6 national campaign has...

The Tipping Point Of Tipping: The Gratuity Controversy

By: Susan Kimecomments 1 | 2013
No, this is not a review of Malcolm Gladwell’s excellent book, but it is a discussion on one of the reasons why Mr. Gladwell titled his book, The Tipping Point, that way. A tipping point is actually a critical point in an evolving situation...

CEO Wade Eyerly Explains How Surf Air Operates Like Netflix For the Skies

private plane
By: Katherine Bondcomments 0 | 2013
"Let's buy a plane. . . and start an airline!" That's not the usual aspiration of those who find flying a casual hobby, but Wade Eyerly listened to his brother (who was then in flight school) and started Surf Air in 2011. A former Economist for...

Africa's Wealthiest Billionaire Resides in Nigeria & Tops the Wealth-X's 2013 List

south africa Nigeria, Africa may not conjure up images of gold and sparkling palaces like Abu Dhabi or Singapore, but if you’re Aliko Mohammed Dangote — the wealthiest man in Africa with a personal fortune of USD $17 billion — that is exactly...
By: Nicolle Monicocomments 0 | 2013

Coldwell Banker Releases Luxury Market Report Listing Most Exclusive U.S. Cities and ZIP Codes

aspen colorado
By: James Rothaarcomments 0 | 2013
According to Coldwell Banker’s Luxury Market Report, the 81611 ZIP code in Aspen, Colorado was the only non-coastal area to make the top 20 list for the most luxury real estate sales exceeding $10 million for the 12-month period ending June...

NYC's House of Kooser Makes Travel Service Personal Again

Loden Hotel, Vancouver-- Represented by House of Kooser Relationship-building, brand integrity, appreciation for quality, and taking that extra effort to truly understand a client — these are the traits which seem to be disappearing in today's social-media hyper-driven world. From big chains, we...
By: Lena Katzcomments 0 | 2013

Italy Sells Historic Castles and Villas to Boost Economy

orsini castle italy
By: Mila Pantovichcomments 0 | 2013

Italy has been having a bit of a budget problem and in efforts to reestablish the depleted funds, the country is selling off some of their most historic sites to private investors. Over the weekend, RT Network reported that  a Grand Inquisitor's villa, a Pope's fort and a Venetian island are just three of the 50 sites that will be sold to help raise the 500M Euros needed to stay in line with EU austerity rules and keep the country's budget deficit within the three percent threshold set by Brussels.

Prime Minister Enrico Letta is hoping that the sold castles and villas will be turned into hotels, museums and restaurants, which would create countless jobs to support the economy. Originally built for Pope Nicholas III in the 1270s, the Orsini Castle near Rome was used as a prison in the mid-19th century and is believed to be haunted, which may make for a great tourist attraction if a buyer is brave enough to open it to the public.

A similar move was made by Greece last year when they sold several beaches, islands and ski resorts.

What Would You Do With A Million Dollars?

Million Dollar couple
By: Marissa Stempiencomments 0 | 2013
What would you do with a million dollars? I cannot tell you how many times that question was posed to me as a child, perhaps as a way to spark my imagination or to make sure that I would grow up into a financial savvy adult. Either way, my juvenile...

Where do The Super Rich go to Spend Their Billions? It May Surprise You

airplane The thing about billionaires is that they can go, see and do whatever they want. You might think they are planning the next trip to Fiji and buying real estate in Paris, but as it turns out they’re actually dreaming of Wisconsin and...
By: Nicolle Monicocomments 0 | 2013

CNBC Invites You a Peek Inside the Secret Lives of the Super Rich

Secret Lives of the Super Rich
By: Tara Imperatorecomments 0 | 2013
Do you know the vernacular of a billionaire? Have you ever seen $1 million worth of taxidermy? CNBC’s new show Secret Lives of The Super Rich is going to teach you things you didn’t even know you wanted to learn. This series is in no way about...

"If I Can't Walk, I'll Fly!" Author and Speaker Janine Shepherd Soars On the International Stage

Janine Shepherd
By: Slavica Monczkacomments 0 | 2013
Australian author and motivational speaker Janine Shepherd is an inspiration to us all. The former Olympian hopeful in cross-country skiing experienced a horrific accident while training and was told she would never walk again, have children or...

New Market Research on Affluent Media Consumption and Holiday Buying Patterns

market research The 2013 Ipsos Affluent Survey USA, released a week ago, reports that the affluent population in the United States has increased in size and financial resources. In addition, affluents are still consumers of traditional media, even though their use...
By: Susan Kimecomments 0 | 2013

The Latest Appointments: Kering, Dior & Four Seasons

By: Sophie Dorancomments 0 | 2013
New executive announcements at De Beers, Roland Iten, Christopher Kane, Galleries Lafayette, Condé Nast, Mercedes Benz and Le Meurice Compagnie Financi?re Richemont has announced proposed changes to its Board of Directors, following the...

Top 10 Richest Cities in the World: Is Yours No. 1?

Top 10 Richest Cities in the World: Did Yours Make the Cut?
By: Mila Pantovichcomments 0 | 2013
If you're reading this from New York City or London, congratulations because your city is incredibly wealthy! MSN recently revealed the top 10 wealthiest cities in the world, basing their findings on Knight Frank's Wealth Report 2013. That may not matter much to you, but considering the percentages of high net worth individuals (that's someone who has over $30M in assets) and the predicted growth increase over 10 years, it's pretty interesting to us.

New York City came out on top, with 7,580 high net worth residents in 2012 and a 2022 prediction of 10,306 (which is a 36 percent increase). London was second, with 6,015 in 2012 and a predicted increase of 36 percent (which would be 8,202 people in 2022). Tokyo had 5,440 high net worth individuals last year, which places them in third and gives them a prediction of 6,763 in 2022 (a 24 percent increase). Fourth belongs to San Francisco, with 4,590 in 2012 and a predicted 6,665 in 2012 (increasing by 45 percent). Los Angeles finished up the top five, with 4,520 wealthy residents in 2012 and a predicted 34 percent increase in the next 10 years (bumping the numbers up to 6,075).

Chip Conley Brings 'Joy of Life' Philosophy to Airbnb as Head of Hospitality

airbnb london Chip Conley has put an emphasis on creating “joy of life” for guests and employees of his boutique hotels for over 25 years, and is looking to do the same for Airbnb as the new head of global hospitality. He's ready to employ some fresh ideas to...
By: JustLuxe Teamcomments 0 | 2013

Disney Forced to Drastically Change Disability Policy at Its Parks

Disneyland Forced to Drastically Change Disability Policy
By: Mila Pantovichcomments 0 | 2013
As magical as Disneyland is, it's also incredibly crowded and a visit means spending half the day standing in lines. We've all wished we could jump ahead to the front to get on those rides quicker, but that was a perk solely reserved for those who have disabilities — and rightfully so. Unfortunately, enough people have taken advantage of the park's guest assistance policy that Disneyland and Walt Disney World will be changing their rules starting October 9.

According to NBC, people with disabilities will no longer be able to move straight to the front of the lines or get in through the exit. Instead, they will be issued a disability card and return time tickets with a shorter wait, similar to the FastPass. The change is mainly due to the uprising in disabled "tour guides" who charge able-bodied guests for their company, getting them around long ride lines. Considering the park doesn't require proof of disability, many people who are completely capable of waiting to get on Splash Mountain are getting assistant cards and abusing the system. The change will definitely make park visits more difficult for those who truly can't wait, but it's obvious the Disney Corporation is trying to find a balance between those who need it and those who just take advantage.

The World's Richest Names in Sports: Who Made the Cut?

By: Mila Pantovichcomments 0 | 2013
Floyd Mayweather's fat paycheck for winning his fight against Saul Alvarez made us wonder which American sports figures are getting paid the most. Lucky for us, Forbes has already done the heavy research, releasing their list of the Richest People in America. Nike founder Phil Knight is No. 24 with $16.3 billion, even beating out Michael Dell (you know, of the computer world). Malcolm Glazer and his sons placed at No. 102, raking in $4.5 billion after taking over Manchester United and the Tampa Bay Buccaneers. No. 110 went to Nationals owner Ted Lerner ($4 billion), while Boston Bruins owner Jeremy Jacobs fell in at No. 193 with $2.8 billion. Check out the full list and see who else made the cut!
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