Super Yacht
On May 23, in category: Lifestyle
Barely out of a global economic meltdown, the world’s remaining billionaires have been presented with the largest and most extravagant superyacht yet.
The floating palace has been designed at a whopping 656 feet (200 meters) in length — as long as two football fields end-to-end.
If built, it would surpass the world’s current largest private yacht, Russian billionaire Roman Abramovich’s “Eclipse,” by 99 feet (30 meters).
With a myriad of over-the-top luxury toys — including a two-level cinema, a nightclub and helipad — the yacht unsurprisingly comes with a hefty price tag.
Berkeley March, the yacht’s naval architect, told CNN the boat could cost up to $1 billion (£650 million) to build, “depending on the needs of the clients.”
–Berkeley March
“For example, the client could request gold furniture,” March explained.
The designers believe that despite the recession, there are still enough people who have a spare $1 billion to spend on what is described as the “ultimate luxury.”
“Some people may say the timing was a little bit daft,” March said. “But I think that many people who previously would not have had the power to buy such a yacht, are thinking that now is their chance. The people left with a lot of money have more power now, as there is less demand.”
According to March, the yacht, now known only as “Project 1000,” could be in the water in under five years.
Replete with features that would make even the most blasé billionaire take notice, it will also include a drive-in-garage, a 100-foot swimming pool, a casino, a health spa and numerous bars and nightclubs.
According to March, the recession did not change rich people’s beliefs that “size matters.”
“When you are used to living in a palace with dozens of servants, you don’t want to cruise the oceans on a small yacht,” he said.
New York Fashion Week
On Apr 20, in category: Latest NewsThe first New York Fashion Week in 1943 (then called Press Week) was the world’s first organized fashion week.
It was designed to attract attention away from French fashion during World War II, when industry insiders were unable to travel to Paris to see the fashion shows.
As fashion has evolved, so has the New York event, now branded Mercedes-Benz Fashion Week and held in February and September each year. It’s one of four major fashion weeks held around the world, along with London, Paris, and Milan. Each year, the 232,000 attendees at the two New York Fashion Weeks account for more than $466 million in direct visitor spending and contribute to $1.6 billion in annual tax revenue to the city’s fashion industry.
More than $40 million annually is spent on meals at local restaurants; nearly $30 million on taxis, Town Cars, and public transportation; and an additional $56 million at area hotels.
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Generous Billionaires
On Mar 30, in category: LifestyleHEINZ-HORST DEICHMANN
$1.6 billion
Cause: leprosy
After a trip to India 25 years ago, Deichmann established four villages for patients of Hansen’s disease (leprosy) in the poor southern Indian states of Andhra Pradesh and Orissa. Lepers living there receive medical care and job training; Deichmann visits annually. He supports other programs in the region, such as homes for children with polio, schools and hospitals, including one specializing in lung diseases. His programs, which employ only locals, assist 80,000 people in India each year. Read More
Limousine
On Mar 30, in category: LifestyleSometimes you drive and sometimes you’re driven.
It is axiomatic that when most people can finally afford to buy any car they want the less likely they are to be driving themselves. Billionaires, hard-charging executives, powerful politicians and A-list celebrities are usually too busy to sit behind the wheel. There are always phone calls to make, documents to be reviewed, appointments to be juggled and, occasionally, cat naps to be snatched. That means when it comes to looking for a new car, it is no longer only what it’s got under the hood that matters but also what it’s got in the back. Read More
Big Spenders
On Mar 30, in category: LifestyleWhen talking lifestyle of the truly wealthy, it’s almost guaranteed that a certain few people will be mentioned. Anyone can make wealth, but so few know how to spend it…
Top prize goes to 38-year-old Russian oil baron Roman Abramovich. In the past two years he has dropped an estimated $700 million on several multimillion-dollar playthings, including England’s Chelsea Football Club ($290 million); the Pelorus, a 375-foot yacht outfitted with its own helipad ($100 million); a 325-foot yacht named Le Grand Bleu ($120 million); and a Boeing 767 jet ($100 million). Abramovich’s designers gutted the plane’s 350 passenger seats and reportedly installed a 30-seat dining room and a kitchen with gold-plated sinks. Read More
