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 NEWS & ARTICLES

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

Mercedes-Benz
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 Financière 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!

Is Australia the New Land of Opportunity for Luxury Markets?

Australia is now a $1.07 billion AUD luxury market with the ninth highest concentration of high-net-worth individuals (HNWI) in the world. When it comes to luxury, Australia is a promising nation. Wealth is growing steadily at the hands of a...
By: Sophie Dorancomments 0 | 2013

In Case of Apocalypse: $20K RV Spot in Doomsday Resort Bunker

By: Mila Pantovichcomments 0 | 2013
If history is anything to go by, the next doomsday is right around the corner. Maybe it will be that comet expected to skim our sun's surface November 28, or when robots take over the world à la Robopocalypse in 2030, or maybe the end really will be zombies. Whatever you believe (if any), $20K will reserve you a spot in, what's thought to be, the world's largest subterranean doomsday bunker resort in Kansas — are there bunkers competing in size nowadays?

According to ABC News, construction for the two million-square-foot bunker is in process in Atchison, where you'll be able to stow away with your family in your luxury RV come doomsday. Sorry, the $20K fee doesn't include the cost of food so you better prepare for that too. Set 130-feet below ground level — and sealed with two-foot-thick steel and cement doors — the man building it, Robert Vicino, is calling the subterranean resort (which has room for 1,500 RVs) an "underground cruise ship." He even has plans to open it prior to the apocalypse so people can experience the amenities without fearing for their lives — nothing says safe like an underground wine bar and spa.

Regal Wings Makes Inc. Magazine's Annual 500|5000 List of Fastest Growing Companies

Brooklyn-based Regal Wings, which specializes in affordable business and first class air travel, made Inc. Magazine's 32nd annual 500|5000 list — which tracks the fastest growing companies in the nation. The corporate-travel company snagged first...
By: James Rothaarcomments 0 | 2013

What The Latest Market Research Says About Generational Luxury Buyers

girl shopping
By: Susan Kimecomments 0 | 2013
Two recent market research reports have provided some fascinating insights into the attitudes and buying preferences of three age and income-related demographics — the Millennials, the Gen-Xers and the Boomers. Both studies have been published...

Interview With Gary Marlon Suson, Official Ground Zero Photographer of FDNY

By: James Rothaarcomments 0 | 2011
Since writing articles is my everyday job, I have a procedure that enables me to do it rather effectively and efficiently. Find a topic; craft a headline; jot down some notes; formulate an opening; and then mete out enough words to reach the bottom...

Robert Downey Jr. and Angelina Jolie Top Hollywood's Highest Paid

highest paid celebrities
By: Mila Pantovichcomments 0 | 2013
2013 was full of Hollywood blockbusters that earned millions at the box office, making some of our favorite actors and actresses pretty big paychecks. According to a recent list from Forbes, Robert Downey Jr. tops the bank, earning $75M this year for The Avengers. While Tony Stark wasn't the main character in the film by any means, Downey Jr. was the only actor in the film that couldn't be replaced if negotiations not worked out, meaning he pretty much got to demand however much money he wanted. The biggest money-making actress is Angelina Jolie with $33M for Maleficent. She may have dropped from the spotlight a little due to getting a double mastectomy, but Jolie proves that she's still one of the world's biggest stars. It's also interesting to note the big difference between the top actor and top actress earnings. Read into it what you will.

Channing Tatum follows Downey Jr., with $60M for Magic Mike and Jennifer Lawrence is after Jolie, earning $26M for the Hunger Games sequel Catching Fire.

New Global Travel Intentions & Emerging Travel Trends: The New VISA Research Study

flying plane A new study dealing with global travel intentions and new consumer travel trends was published last week. It was commissioned by VISA, Inc. and Millward Brown, a well-known international market research firm, completed the data gathering. It was...
By: Susan Kimecomments 0 | 2013

From the Runway to Retail Stores: Where do Fashion Houses Make Their Highest Profits?

By: Marie Mcomments 0 | 2013
What comes to mind when you hear Salvatore Ferragamo? Luxury fashion, jetsetters and posh runway shows? Not many people think of the business behind the name, but it's time to really ask ourselves — is the fashion industry worth all the competition?...

Luxury Retail: Big Data is Watching

By: Sophie Dorancomments 1 | 2013
The gap between the physical & digital retail experience continues to narrow, as retailers look to mobile tracking & facial recognition software to better understand brick-and-mortar consumers. The average Briton now has 26 online accounts,...

Les Clefs d’Or Shares Stories of Hotel Concierges Making the Impossible, Possible

concierge Remember the 1960’s TV show, I Dream of Jeannie? The one with Barbara Eden as a 2,000-year-old genie in love with her astronaut master? She vowed to make all his wishes come true and if you’ve ever watched an episode, you may have found yourself...
By: Nicolle Monicocomments 0 | 2013

Luxury Estate President Shares Inside Track on Biggest and Best Real Estate Markets

Apartment for sale in 16th arrondissement, Paris
By: Carol Drivercomments 0 | 2013
When it comes to buying and selling luxury properties, Silvio Pagliani is the go-to man. As the co-founder of high-end Italian property site Immobiliare and president of Luxury Estate, he knows a thing or two about the real estate market. In an...
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