World UHNW Population Loses US$480 Billion: Wealth-X Released World Ultra Wealth Report 2012-2013 The world’s ultra wealthy population grew by 0.6% to reach 187,380 and their combined wealth shrank by 1.8% to reach US$25.8 trillion, according to the latest edition of “World Ultra Wealth Report” released by Wealth-X, the ultra high net worth (UHNW) business … Read more
2012 set to be the best tourist season in Croatia’s history For the first eight months of 2012, Croatia had registered record tourism figures. “Based on the results achieved so far and announcements (for the rest of the year) this is the best tourist season in Croatia’s history,” said Tourism Minister Veljko Ostojic, adding that Croatia … Read more
The Peninsula Hong Kong unveils dramatic new interior design and technology concept The Peninsula Hotels, Asia’s oldest hotel brand, want to set new standards of guest personalization with a HK$450 million revitalization of its flagship hotel, The Peninsula Hong Kong, featuring advanced in-room technology. The Peninsula Hotels’ landmark debuts include the launch of “Peninsula Moments,” … Read more
Gazprom Swan 60 Trophy Russian energy giant Gazprom is the new Nautor’s Swan’s partner. The relationship with the luxury sailing yachts builder will culminate with the creation of the Gazprom Swan 60 Class, title sponsorship of the Gazprom Swan European Regatta in 2013, 2015 and 2017. The activities both on the water and on shore … Read more
Bernard Arnault is and remains resident in France for tax purposes Despite the potential obtention of the French-Belgian double nationality, France’s richest man and CEO of LVMH Bernard Arnault is and remains resident in France for tax purposes, luxury giant LVMH group announced in a press release. Contrary to informations published in the international press, … Read more
Krug & Chef Marc Forgione Dinner Benefitting the James Beard Foundation After launching Krug House New York at a luxurious town house in downtown Manhattan last summer, the concept has been re-imagined in other key markets, including Aspen and Los Angeles. Conceived as a unique way to bring to life the generosity and unique savoir-faire … Read more