Global Cities – Sources of power. Which cities are considered the most important to the world’s high-net-worth individuals?

To gauge which cities are considered the most important to the world’s high-net-worth individuals (HNWIs), Frank Knight’s “Wealth Report 2012” surveyed Citi Private Bank’s wealth advisors around the world and Knight Frank’s global network of luxury property specialists. The survey asked which are the most important cities to their clients now, which will be the … Read more

How many square metres will $1M buy you?

The Most Expensive Real-Estate in the World The Wealth Report 2012: The annual update on prime property and wealth The map of the latest concentrations of global mega-wealth drawn by Knight Frank’s “The Wealth Report 2012” reveals that the momentum is undeniably with the world’s emerging economies. However, when it comes to choosing a home, … Read more

Elite dining: Elite Traveler’s World’s Top Restaurants

Elite Traveler’s Magazine presented its own version of World’s Top Restaurants Guide, in contrast with famed Restaurant magazine’s World’s 50 Best Restaurants list. The guide features 100 restaurants loved not just by the critics, but by the wealthy elite who spend their lives traveling the world and dining in style. By gathering the views, the magazine said it … Read more

Chanel’s Espace Parfum at Bloomingdale’s 59th Street to put emphasis on private consultations

Chanel opened its second “Espace Parfum” in the United States and the 32nd one in the world. With an emphasis on private consultations Chanel’s Olfactive Bar at Bloomingdale’s 59th Street department store was designed by the house Deputy Perfumer and former aspiring architect Christopher Sheldrake. “Since the creation of CHANEL N°5, our preeminence in the … Read more

Billionaire heiress Tamara Ecclestone: I love to get a deal. Who doesn’t love a bargain?

Tamara Ecclestone says bargaining is ‘smart thing to do’ Tamara Ecclestone, the heiress to part of the multibillion-dollar Formula 1 fortune, is auctioning her clothes on eBay to raise money for Great Ormond Street Hospital. Tamara’s designer wardrobe includes 500,000 pounds of Hermes handbags and 70,000 pounds of Christian Louboutin shoes, reports ANI. Tamara Ecclestone … Read more

China overtook the United States to become the world’s largest art and antiques market

According to The European Fine Art Foundation (TEFAF), in 2011 China finally overtook the United States to become the world’s largest art and antiques market in terms of auction and dealer sales, reports BBC. China’s art auction market generated US$60.8 billion and accounted for 30 percent global market share. The US dropped into second place last year with … Read more