New York City’s ultraluxury real estate frenzy appears to have come to an end. NYT reports.
There’s no “Blank Space” in Taylor Swift’s bank account
Taylor Swift tops Forbes’ annual list of the 100 highest-paid celebrities with $170 million.
11 surprising jobs where you can earn more than $100,000 a year
You don’t have to work on Wall Street to earn a fat paycheck.
Billionaire brothers to get massive windfall from UFC sale
Brothers Lorenzo and Frank Fertitta may have hit their biggest jackpot yet with the sale of the Ultimate Fighting Championship.
In the market for a pricey British yacht? Your time to buy might be now
With the British pound stuck at multi-year lows, it’s a good time to buy a used yacht.
Got a spare $100 million? Here are the world’s most expensive private jets
If you’re looking to go shopping for a private jet, here’s a list of the most expensive private jets in the world to help you.
Bill Gates shares the most important thing he’s learned from Warren Buffett
Bill Gates shares his favorite memories from 25 years of friendship with Warren Buffett—and what he’s learned from the “Oracle of Omaha.”
London real estate sales jump after Brexit vote
A slide in the British pound attracted bargain hunters seeking a rare opportunity to buy London property at a discount.
Your Mega Millions jackpot turns into mini-millions once you pay the tax man
Don’t get too excited about the big Mega Millions jackpot. Taxes take a bigger bite out of winnings than you’d expect.
Hedge funder fired over wild Hamptons party
Moore Capital Management said it has fired a portfolio manager who threw a wild party in the Hamptons over July Fourth weekend.
Big switch: Wealthy now spending more on health care than poor and middle class
Poor people now have lower overall health spending than other income groups, reversing a longtime pattern.
Coming home: Dwyane Wade leaving Heat for Bulls
Dwyane Wade is making what he called “an extremely emotional and tough decision” to leave the Miami Heat after 13 seasons and sign with the Chicago Bulls.
Brexit is even hitting NYC luxury real estate, broker says
Brexit has affected the New York City luxury real estate market, said broker John Gomes of Douglas Elliman.
Still no winner! Mega Millions jackpot climbs to $508 million
Because no one won the Mega Millions jackpot, it will increase to an estimated $508 million for the next drawing on Friday.
The lost decade of the top 1%
Incomes for the top 1 percent have surged since the financial crisis, but are still well below their peak in 2007.
Ouch! How Brexit may hit UK millionaires and billionaires
The U.K.’s wealthiest residents are poorer following last month’s Brexit vote and will likely face further financial bad news, a wealth consultancy said.
Supermodel Kathy Ireland’s secrets to building a $2 billion empire
The supermodel-turned-mogul is now one of the biggest names in business, reports Today.com.
A self-made millionaire says this trait is more valuable than an MBA
“West Texas Investors Club” co-star Rooster McConaughey says that street-savvy is more important than an MBA.
Billionaire trash talk: Branson bashes Abramovich
Sir Richard Branson told Collective Hub that Roman Abramovich should be spending less on yachts and property.
Richard Branson offers free trips to Caribbean for ‘treasure hunt’ winners
Richard Branson launched a campaign to promote his new app with a treasure hunt, ending with a free trip to Necker Island.
New Manhattan condos break price records, for now
Manhattan condos sold for a median price of $2.7 million in the second quarter of this year, a new record.
Chipotle executive indicted in huge New York City cocaine bust
Chipotle Mexican Grill executive Mark Crumpacker was charged with drug possession and accused of having a connection to a cocaine delivery service.
Mega Millions jackpot grows to $415 million, 10th largest in US history
The Mega Millions jackpot made lottery history after growing to $415 million – the third largest in the game’s history.
Why Mark Zuckerberg’s Hawaii neighbors are grumbling
Some of Facebook CEO Mark Zuckerberg’s neighbors are grumbling about a wall he’s having built on his property in Hawaii.
1,109-carat diamond flops at London auction
The highest bid for the uncut “Lesedi La Rona” stone was $61 million, presumably below the minimum reserve price.
LeBron James opts out of $24 million Cavaliers contract
It’s official. Superstar basketball player LeBron James is a free agent … again.
Weaker pound may spur UK luxury real estate after referendum
The U.K.’s housing market is seen taking a knock in the wake of the Brexit vote, but the forecast depreciation in sterling may spur investment.
World’s largest uncut diamond heads to auction, a break with tradition
The tennis ball-size gem, a 1,109-carat white diamond, will be up for bid in a public auction in London, NYT reported.
London art auctions may be a bargain for savvy buyers
The UK’s vote to exit the European Union is expected to pressure results at this week’s London auctions.
Lynn Tilton changes lawyers as legal battles heat up
Tilton, who spent years cultivating a reputation as a savvy turnaround investor, is facing multiple lawsuits.
Soros didn’t bet against sterling; profited from other bearish bets
“George Soros did not speculate against sterling while he was arguing for Britain to remain in the European Union,” a spokesman for Soros said.
Wilbur Ross: I bought pounds after the Brexit vote
The British pound is down in the water, and billionaire investor Wilbur Ross sees a buying opportunity.
Soros, Druckenmiller among hedgies profiting in market plunge
Bullish positions in gold and volatility and short bets on China were some of the trades that benefited hedge funds.
The luxury industry was already suffering. Things just got worse
The U.K. vote adds yet another wave of uncertainty to sales and profits at high-end retailers. end.
Shaquille O’Neal shares his best advice for achieving extraordinary success
The NBA All-Star says to stay humble and always have a plan B.
Millionaires in Asia reach a new milestone for wealth
For the first time, Asia’s millionaires are worth more than the high net worth individuals living in North America.
Billion-dollar birthright: Meet India’s 10 richest inheritors
From an IT tycoon to a cement giant, these Indian billionaires all have their parents to thank for their start in business.
Trump shrugs off campaign funding lag, cites personal wealth
Donald Trump said his “unlimited” trove of personal wealth would help compensate for his poor presidential campaign fundraising.
Millionaire investor: This is when you know you’ve made it
For Rooster McConaughey, co-chairman of the West Texas Investors Club, having this means you’re succsesful
Trump spent nearly $1 million on hats, mugs: You should see what his properties got
Donald Trump’s campaign did not spend much in May. But a good chunk of what it did spend went to Trump companies.
Chinese billionaire raises stake in Lending Club following ouster of founder
Chinese billionaire Chen Tianqiao has raised his stake in Lending Club following the recent ouster of the CEO.
This entrepreneur sold an app to Snapchat for $54M and is now traveling the world
Would you sell all of your belongings to travel the world? This entrepreneur did.
Sales here have escaped the luxury goods slowdown
As the high-end market struggles to eke out revenue growth, there’s one area where sales are flourishing: The web.
Get ready for the $30 trillion (with a T) ‘great wealth transfer’
Advisors who want to capture the trillions that boomers are passing on to heirs must embrace fintech to attract young clients.
Lululemon founder describes what it’s really like to become a billionaire
One billionaire reveals what life is really like once an entrepreneur achieves the pinnacle of monetary success.
Would-be ‘heirs’ to Prince’s millions are multiplying
It’s becoming clearer what happens when a multi-million-dollar estate like Prince’s is up for grabs: Would-be “heirs” come romping out of the shadows.
Charitable giving hits record $373 billion
Be the first to comment on "Meet the latest billionaire bachelor—and he’s going to own lots of London"