Super rich shift their thrills from luxury goods to costly experiences
Gourmet dining, private flights, bespoke safaris, slimming clinics and art auctions emerging as top status symbols
World news
Norway has fallen in love with electric cars – but the affair is coming to an end
Free parking, incentives and driving in bus lanes push Tesla Model S and Nissan Leaf to top of best-seller lists
China’s top hotels shed stars to woo austerity-hit customers
More than 50 of country’s five-star establishments want to downgrade to attract officials forced to shun the high life
China becomes biggest market for red wine, with 1.8bn bottles sold in 2013
Boom attributed to new urban affluence – and to Chinese fondness for lucky colour
Fashion heralds the Chinese new year with lucky red
China’s rise as a global power is reflected on the catwalk and the shopfloor. Red is the new black and, with the dawn of the year of the horse, luxury brands are embracing the equine factor
Inside the billionaires’ superyachts: helipads, tennis courts and a missile defence system
Boat builders can now design almost anything that the mega-rich can imagine – but most just want room for a giant TV