"First there were summer house shares, then fractional jet ownership. Apparently, the next step in spreading the wealth is Synchrony, which offers syndicated yacht ownership."
Indeed, owning a yacht is far from a practical proposition,...
According to Forbes, wealthy consumers will spend, but differently than before. Exclusivity will be embraced as will quality and dependability.
What's more, luxury brands will begin offering discounts and incentives-something many have never done before.
"The...
Forbes just came out with its first ever ranking of the most expensive houses in the world - that don't actually exist. All the properties had to be primarily residences and they excluded castles.
The...
Forbes has just released its annual ranking of the 100 most expensive zip codes in America.
Beverly Hills 90210 for example, barely makes it into the top 10 nowadays with a median home price of...
With 57 billion dollars net worth Microsoft founder, Bill Gates, has recovered his spot at the top of the US money heap, displacing investor Warren Buffett as America's richest person, Forbes magazine's latest list...
Everybody likes to hear about vastly wealthy people failing, particularly during the credit crunch. That is why Forbes Magazine, well-known for its lists - including its lists of the richest Americans (the Forbes 400)...
Thailand's revered King Bhumibol Adulyadej is the world's richest royal, with a fortune estimated at $US35 billion, according to a Forbes magazine list dominated by Middle Eastern monarchs riding high on surging oil prices.
King...
