Billionaires

The Illusion of Chinese Wealth, Chinese Luxury Goods Consumption and the China Hustle

With official releases pegging China's third-quarter GDP growth at 6.5%, the "world's factory"  is hitting its slowest pace in nine years and if the luxury goods industry continues to depend on the market for revenue growth, it would a recipe for disaster.

Ocean Woo on Art, Investment and Opportunities

Daughter of Singapore's "Bronze King", Ocean Woo's entrepreneurship spirit has successfully built a name for herself among Singapore's high-end social circle.

The Crazy Rich Asians are in Hong Kong but Singapore steals the limelight

Hong Kong is home to most high net worth individuals but Singapore steals the limelight thanks to destination awareness, courtesy of Crazy Rich Asians

Peak Global Wealth: There are now 16.5m individuals worth $63.5tn total

More High Net Worth People in the World Than Ever. Sweden has knocked Singapore from list of growing millionaires.

Shanghai Tang founder David Tang dies at 63

After learning that he had only a couple of months to live, the Hong Kong businessman gathered his circle of influential friends at London's Dorchester Hotel to bid them farewell.

Passing of a Regional Luxury Titan: Datuk Jethanand Valiram

16 is the age most teenagers are dreaming of first loves and distant fantasies, instead Jethanand suddenly became a patriarch and leader of the family. Luxuo celebrates the life and accomplishments of a regional titan of the luxury industry.

Real estate in Sydney, Australia: Atlassian co-founder Scott Farquhar buys Sydney waterfront mansion for $56 million

A sprawling seven bedroom estate in Sydney now has a new owner in tech-billionaire Scott Farquhar

Art auction in London: Christie’s auction leaves Russian billionaire Dmitry Rybolovlev with a $150 million loss

The sale of works by iconic artists, has a long and messy history and has garnered the interest of many

Luxottica and Essilor merger: How Leonardo Del Vecchio grows the success of his frame-making business

From the small factory he founded in 1961 near Venice, Leonardo Del Vecchio created an eyeglasses empire, and at 81 is invading the corrective lenses market by merging his Luxottica firm with Essilor

Peak Global Wealth: There are now 16.5m individuals worth $63.5tn total

More High Net Worth People in the World Than Ever. Sweden has knocked Singapore from list of growing millionaires.

Shanghai Tang founder David Tang dies at 63

After learning that he had only a couple of months to live, the Hong Kong businessman gathered his circle of influential friends at London's Dorchester Hotel to bid them farewell.

Passing of a Regional Luxury Titan: Datuk Jethanand Valiram

16 is the age most teenagers are dreaming of first loves and distant fantasies, instead Jethanand suddenly became a patriarch and leader of the family. Luxuo celebrates the life and accomplishments of a regional titan of the luxury industry.

Real estate in Sydney, Australia: Atlassian co-founder Scott Farquhar buys Sydney waterfront mansion for $56 million

A sprawling seven bedroom estate in Sydney now has a new owner in tech-billionaire Scott Farquhar

Art auction in London: Christie’s auction leaves Russian billionaire Dmitry Rybolovlev with a $150 million loss

The sale of works by iconic artists, has a long and messy history and has garnered the interest of many

Luxottica and Essilor merger: How Leonardo Del Vecchio grows the success of his frame-making business

From the small factory he founded in 1961 near Venice, Leonardo Del Vecchio created an eyeglasses empire, and at 81 is invading the corrective lenses market by merging his Luxottica firm with Essilor

Top 5 Billionaire Hotspot Cities 2016

We take a look at the top five cities around the world that are home to the most billionaires.

Michael Jackson Top Earning Dead Celebrity: Forbes

Forbes has presented a new list of the top-earning dead celebrities for 2016, with Michael Jackson earning the highest honour.

Elon Musk Presents Bonkers Mars Mission

Musk thinks this is possible if we send 100 humans at a time, possibly costing as low as $100,000 per person. Yes, that’s the low estimate...

Kevin Hart Highest Earning Comedian 2016

After dominating the Forbes list of best paid comedians from the very first one 10 years ago, Jerry Seinfeld has been dethroned by Kevin Hart.

Big Bang Theory Actors Top 2016 TV Earnings

The Big Bang Theory actors made $94 million in 2016, collectively, and are widely known to be the top earners in television, alongside co-star Kelly Cuoco.

Zuckerberg Fund Pledges $3 billion to Banish Disease

Mark Zuckerberg and his wife pledged $3 billion over the next decade to help banish or manage disease, pouring some of the Facebook founder's fortune into it.

Kate Moss Launches Own Talent Agency

The world's 12th best paid model isn't looking for pretty faces though; the Kate Moss Agency wants to develop talent and create stars.

Best Paid Television Actress 2016: Sofia Vergara

Sofia Vergara takes the top spot of the annual Forbes list of highest paid television actresses.

Virgin Galactic Soars on Test Flight

Though VSS Unity soared to over 50,000 feet, it is too soon to get excited if you were hoping of booking a ticket and becoming a space tourist.

Liberty Media Buys F1 for $4.4 billion

Formula 1 has a new owner now that Liberty Media has bought the racing business for $4.4 billion, according to widespread news reports.

World’s Highest Paid Models 2016: Forbes

Professional modeling sees major changes in its 2016 top earners, even though Gisele Bundchen remains catwalk queen with $30.5 million in the bank.

Dwayne Johnson Rocks Highest Paid Actors List 2016

The actor formerly known by his wrestling sobriquet The Rock has been certified as the world’s highest paid actor.

World’s Richest DJs 2016 Revealed

Financial magazine and professional list-makers Forbes recently unveiled its richest DJ list, setting off a firestorm of interest on the Internet.

Richest men in the world: Top 10 billionaires on the Forbes List

We take a look at some updates to the list of the world’s top 10 billionaires for 2016.

Not Most Expensive: Trump Presidential Campaign

In a race that requires deep pockets — or at least truly generous donations — the finish line is dependant on just how far your war chest can take you.

Richard Branson Launches Exclusive Spanish Villas

The legendary billionaire is expanding his reach to the vacation haven of Mallorca.

Taiwanese Steals $7 million, Buys Birkins: Report

An executive at a bicycle company in Taiwan has been indicted of embezzling $7.19 million to sustain her luxury shopping habit.

Hong Kong is World’s Priciest City for Expats

The Asian city beat three-time champion Luanda to be the costliest city for expatriates.

Top 10 Luxury Firms 2016 Revealed

Deloitte's annual Global Powers of Luxury Goods ranking sees LVMH, Richemont and Estée Lauder retain their places at the top of the list.

Richest people in Britain: Sunday Times’ top 1,000 of the wealthiest Britons in the UK

This year's rich list reveals that London has more sterling billionaires than any other city in the world, with some surprising entries

Chinese Collector Liu Yiqian Aims West

The Chinese art collector discusses collecting Western Art and cultural exchange.

Singapore is World’s Most Expensive City

This is the third year in a row that the republic has topped the ranking by the Economist Intelligence Unit.

Focus: Palazzo Ralph Lauren, Milan

Ralph Lauren opens its very first members-only club in Milan: the Palazzo Ralph Lauren.

Richest People of All Time: From Genghis Khan to Bill Gates and Cleopatra, these are the billionaires who ruled the world

These are 13 of the richest people of all time, as verified by Time magazine

5 Singapore Entrepreneurs Dreaming Big

There is rise of a new breed of Gen-Ys. Hipsters? Not exactly. Entrepreneurially creative? More likely, just like the five you’re about to meet.

Martin Shkreli Buys Wu-Tang Clan Album for $2m

Shkreli, called the most hated man in America for his price-gouging pharmaceutical moves, has bought the secret Wu-Tang Clan album for US$2 million.

Saint Laurent’s Ex Sells Prized Library

Six years after selling off his art collection in a "sale of the century", the French businessman and philanthropist is putting his library up for sale.
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