LVMH-owned Cheval Blanc gets eight new luxury suites

To start off the new winter season on December 21, LVMH-owned uber-luxurious Cheval Blanc Hotel in  Coucheval ski resort introduces 8 new suites decorated by interior designer Sybille de Margerie. The alpine palace situated in resort billed “International billionaires club” extended also 6 of its other suites. Cheval Blanc offers thirty rooms and suites over … Read more

Trends in luxury consumption in China

Chinese luxury spend Set to accelerate Asian ultra high net worth (UHNW) individuals wealth is expected to grow by 7.9% annually for the next five years with China contributing to the bulk of this growth, according to the Wealth-X World Ultra Wealth Report 2012- 2013, a provider of detailed intelligence on ultra high net worth … Read more

The demand for classic cars is at an all-time high

“It’s simple, there are more billionaires in the world than there are Ferrari 250 GTOs”   The big appetites for exotic, historic and vintage cars, vehicles seen like the only sure bet for investors, is leading to the situation when there will not be enough cars on a global scale to sate the passions. The … Read more

China’s rich list shrinks in 2012. China’s rich are getting poorer

  The 2012 Hurun Rich List, the annual ranking of the 1000 richest individuals in China, reveals that China’s rich are getting poorer and the no. of billionaires is down after six years of growth. In a year when the Shanghai Stock Exchange fell 23%, 469 of the Hurun Top 1000 saw their wealth shrink, … Read more

The global ultra wealthy population loses US$480 billion

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

Elisabeth Vanduffel, Art Ambassador defines Art as the 2nd Stock Market and the 1st Health Therapy

You are an Art Expert, you are in the Board of  The Art Show Cannes/Marrakech-AVIFF. Can you tell more about this? The Art Show Cannes/Marrakech is a private Contemporary Art Event, entirely devoted to contemporary photography and video art and is set in a privileged place in the period of the Cannes and Marrakech Film Festivals … Read more