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<generator>Blogsmith http://www.blogsmith.com/</generator><item><title><![CDATA[Queen Elizabeth Plans Frugal Holiday Season]]></title><link>http://www.luxist.com/2009/11/12/queen-elizabeth-plans-frugal-holiday-season/</link><guid isPermaLink="true">http://www.luxist.com/2009/11/12/queen-elizabeth-plans-frugal-holiday-season/</guid><comments>http://www.luxist.com/2009/11/12/queen-elizabeth-plans-frugal-holiday-season/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.luxist.com/category/wealth/" rel="tag">Wealth</a></p><a href="http://www.cbsnews.com/stories/2009/11/12/entertainment/main5626347.shtml"><img vspace="4" hspace="4" border="0" align="right" src="http://www.blogcdn.com/www.luxist.com/media/2009/11/92982050.jpg" alt="" /></a>No Christmas gifts for the Queen of England? <a href="http://www.cbsnews.com/stories/2009/11/12/entertainment/main5626347.shtml">CBS News says</a> that in an effort to show solidarity with the recession-stricken people of her land, Queen Elizabeth II has let it known that she and her husband Prince Philip do not require gifts this year. The Queen has had some financial struggles of her own this year, forced to cut costs and <a href="http://www.luxist.com/2009/06/30/the-queen-needs-a-raise/">ask for additional money</a> from the British government for the upkeep of the royal castles. According to Forbes, the monarch has <a href="http://www.forbes.com/2009/06/17/monarchs-wealth-scandal-business-billionaires-richest-royals_slide_13.html">a fortune of $450 million</a> which sounds like a lot but that number is down $200 million from recent years.<br /><br />The royal family generally spends Christmas at Sandringham Estate, the Queen's country manor in Norfolk, England, a few days before Christmas. The Royals generally don't splash out on fancy gifts anyway but the Queen is taking extra precautions requesting that any potential gifts be donated to local charities and hospitals instead. The Queen has also been reusing more of her wardrobe and has instructed family members to cut back.<p style="padding:5px;background:#ffffcc;border:1px solid #ffff99;clear:both;"><a href="http://www.luxist.com"><img src="http://www.luxist.com/media/feedlogo.gif" alt="Luxist" style="float:left;padding:0 5px 5px 0;" /></a><a href="http://www.luxist.com/2009/11/12/queen-elizabeth-plans-frugal-holiday-season/">Queen Elizabeth Plans Frugal Holiday Season</a> originally appeared on <a href="http://www.luxist.com">Luxist</a> on Thu, 12 Nov 2009 16:01:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.<br style="clear:both;"></p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://www.cbsnews.com/stories/2009/11/12/entertainment/main5626347.shtml>Read</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/2009/11/12/queen-elizabeth-plans-frugal-holiday-season/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/forward/19234885/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/2009/11/12/queen-elizabeth-plans-frugal-holiday-season/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>christmas</category><category>holidays</category><category>queen elizabeth</category><category>queen elizabeth 2</category><category>queen elizabeth ii</category><category>QueenElizabeth</category><category>QueenElizabeth2</category><category>QueenElizabethIi</category><dc:creator><![CDATA[Deidre Woollard]]></dc:creator><pubDate>Thu, 12 Nov 2009 16:01:00 EST</pubDate></item><item><title><![CDATA[F1 Champion Kimi Raikkonen Could Be Paid 17 Million Euros Not to Race Next Season]]></title><link>http://www.luxist.com/2009/11/11/f1-champion-kimi-raikkonen-could-be-paid-17-million-euros-not-to/</link><guid isPermaLink="true">http://www.luxist.com/2009/11/11/f1-champion-kimi-raikkonen-could-be-paid-17-million-euros-not-to/</guid><comments>http://www.luxist.com/2009/11/11/f1-champion-kimi-raikkonen-could-be-paid-17-million-euros-not-to/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.luxist.com/category/wheels/" rel="tag">Wheels</a>, <a href="http://www.luxist.com/category/sports/" rel="tag">Sports</a>, <a href="http://www.luxist.com/category/wealth/" rel="tag">Wealth</a></p><a href="http://www.autoblog.com/2009/11/09/mo-money-fewer-problems-can-raikkonen-earn-more-by-i-not-i/"><img vspace="4" hspace="4" border="1" alt="" src="http://www.blogcdn.com/www.luxist.com/media/2009/11/raikkonen-luxist.jpg" /></a><br /> <br /> There are few sports figures paid as highly as Formula One drivers...world champions especially. With the 2009 season already wrapped up, teams are preparing for their assault on next year's championship, with an unprecedented game of musical chairs taking place in the off-season.<br /> <br /> Among the changes, two-time world champion Fernando Alonso is moving, at long last, from Renault to Ferrari. Trouble is, the Italian team already has two world-class drivers on contract. So to make room, Ferrari is willing to pay its 2007 world champion Kimi Raikkonen not to race.<br /> <br /> According to reports, Raikkonen will be paid a whopping 17 million euros next year just to vacate his seat. He's free to move to another team, but if he does, Ferrari will only owe him 10 million euros. For his part, Kimi says he'll only consider McLaren, and knowing full well of the conditions of his contract, the British team (for whom he drove previously) is offering him only 5 million - a fair bit less than he'd be worth on the open market. The bottom line is that Raikkonen stands to make more money if he sits out next season than if he races.<p style="padding:5px;background:#ffffcc;border:1px solid #ffff99;clear:both;"><a href="http://www.luxist.com"><img src="http://www.luxist.com/media/feedlogo.gif" alt="Luxist" style="float:left;padding:0 5px 5px 0;" /></a><a href="http://www.luxist.com/2009/11/11/f1-champion-kimi-raikkonen-could-be-paid-17-million-euros-not-to/">F1 Champion Kimi Raikkonen Could Be Paid 17 Million Euros Not to Race Next Season</a> originally appeared on <a href="http://www.luxist.com">Luxist</a> on Wed, 11 Nov 2009 18:02:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.<br style="clear:both;"></p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://www.autoblog.com/2009/11/09/mo-money-fewer-problems-can-raikkonen-earn-more-by-i-not-i/>Read</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/2009/11/11/f1-champion-kimi-raikkonen-could-be-paid-17-million-euros-not-to/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/forward/19233195/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/2009/11/11/f1-champion-kimi-raikkonen-could-be-paid-17-million-euros-not-to/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>f1</category><category>ferrari</category><category>formula 1</category><category>formula one</category><category>Formula1</category><category>FormulaOne</category><category>kimi</category><category>kimi raikkonen</category><category>KimiRaikkonen</category><category>mclaren</category><category>raikkonen</category><category>scuderia ferrari</category><category>ScuderiaFerrari</category><dc:creator><![CDATA[Noah Joseph]]></dc:creator><pubDate>Wed, 11 Nov 2009 18:02:00 EST</pubDate></item><item><title><![CDATA[Carla Bruni's Castle Back on the Market for $28 Million, Estate of the Day]]></title><link>http://www.luxist.com/2009/11/02/carla-brunis-castle-back-on-the-market-for-28-million-estate/</link><guid isPermaLink="true">http://www.luxist.com/2009/11/02/carla-brunis-castle-back-on-the-market-for-28-million-estate/</guid><comments>http://www.luxist.com/2009/11/02/carla-brunis-castle-back-on-the-market-for-28-million-estate/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.luxist.com/category/estates/" rel="tag">Estates</a>, <a href="http://www.luxist.com/category/wealth/" rel="tag">Wealth</a></p><img vspace="4" hspace="4" border="1" alt="" src="http://www.blogcdn.com/www.luxist.com/media/2009/11/brunicastlepo.jpg" /><br />Back in February <a href="http://www.luxist.com/2009/02/06/carla-bruni-sells-family-castle-to-sheik-for-12-million/">we reported</a> that <a href="http://www.luxist.com/tag/CarlaBruni/">Carla Bruni</a>-Sarkozy, the sexy <a href="http://www.luxist.com/tag/supermodel/">supermodel</a>, singer and first lady of <a href="http://www.luxist.com/tag/France/">France</a>, had sold her family's castle in <a href="http://www.luxist.com/tag/Italy/">Italy</a> (above) to an Arab sheikh. Now the buyer, who has since been revealed as <a href="http://www.luxist.com/tag/billionaire/">billionaire</a> Saudi businessman <a href="http://www.luxist.com/tag/PrinceAlwaleedbinTalal/">Prince Alwaleed bin Talal</a>, has <a href="http://www.christiesgreatestates.com/properties/view_76337/#">relisted the historic castle</a> with an affiliate of Christie's Great Estates with a <a href="http://www.reuters.com/article/lifestyleMolt/idUSTRE59R5V120091028">reported asking price</a> of about $28 million; he was said to have originally paid anywhere from $12 million - $25 million depending on sources. The 40-room, 21,000-sq.-ft. Castello di Castagneto Po, near Turin, has been repeatedly destroyed and rebuilt over the years but is believed to first date from the year 1019. Bruni's father, the billionaire industrialist Alberto Bruni Tedeschi, bought the historic estate in 1952 for about $1.5 million. It is surrounded by 175 acres replete with vegetable gardens, orchards, flowering terraces, ancient greenhouses, a caretaker's house and a farm building.<br /><br /><div class="postgallery"><p><strong>Gallery: <a href="http://www.luxist.com/photos/carla-brunis-castle/">Carla Bruni's Castle</a></strong></p><a href="http://www.luxist.com/photos/carla-brunis-castle/2412351/"><img src="http://www.blogcdn.com/www.luxist.com/media/2009/11/castagneto_po_main_pop_thumbnail.jpg" alt="" title="" /></a><a href="http://www.luxist.com/photos/carla-brunis-castle/2412355/"><img src="http://www.blogcdn.com/www.luxist.com/media/2009/11/castagneto_po_4_pop_thumbnail.jpg" alt="" title="" /></a><a href="http://www.luxist.com/photos/carla-brunis-castle/2412354/"><img src="http://www.blogcdn.com/www.luxist.com/media/2009/11/castagneto_po_3_pop_thumbnail.jpg" alt="" title="" /></a><a href="http://www.luxist.com/photos/carla-brunis-castle/2412352/"><img src="http://www.blogcdn.com/www.luxist.com/media/2009/11/castagneto_po_5_pop_thumbnail.jpg" alt="" title="" /></a><a href="http://www.luxist.com/photos/carla-brunis-castle/2412353/"><img src="http://www.blogcdn.com/www.luxist.com/media/2009/11/castagneto_po_6_pop_thumbnail.jpg" alt="" title="" /></a></div><p style="padding:5px;background:#ffffcc;border:1px solid #ffff99;clear:both;"><a href="http://www.luxist.com"><img src="http://www.luxist.com/media/feedlogo.gif" alt="Luxist" style="float:left;padding:0 5px 5px 0;" /></a><a href="http://www.luxist.com/2009/11/02/carla-brunis-castle-back-on-the-market-for-28-million-estate/">Carla Bruni's Castle Back on the Market for $28 Million, Estate of the Day</a> originally appeared on <a href="http://www.luxist.com">Luxist</a> on Mon, 02 Nov 2009 13:01:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.<br style="clear:both;"></p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.luxist.com/2009/11/02/carla-brunis-castle-back-on-the-market-for-28-million-estate/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/forward/19217317/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/2009/11/02/carla-brunis-castle-back-on-the-market-for-28-million-estate/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>billionaire</category><category>Carla Bruni</category><category>Carla Bruni-Sarkozy</category><category>CarlaBruni</category><category>CarlaBruni-sarkozy</category><category>castle</category><category>Christies Great Estates</category><category>ChristiesGreatEstates</category><category>estate of the day</category><category>EstateOfTheDay</category><category>France</category><category>Italy</category><category>Nicolas Sarkozy</category><category>NicolasSarkozy</category><category>Prince Alwaleed bin Talal</category><category>PrinceAlwaleedBinTalal</category><category>Saudi Arabia</category><category>SaudiArabia</category><dc:creator><![CDATA[Jared Paul Stern]]></dc:creator><pubDate>Mon, 02 Nov 2009 13:01:00 EST</pubDate></item><item><title><![CDATA[Female UK Hedge Funder Revealed as Buyer of Maltese Falcon]]></title><link>http://www.luxist.com/2009/11/01/female-uk-hedge-funder-revealed-as-buyer-of-maltese-falcon/</link><guid isPermaLink="true">http://www.luxist.com/2009/11/01/female-uk-hedge-funder-revealed-as-buyer-of-maltese-falcon/</guid><comments>http://www.luxist.com/2009/11/01/female-uk-hedge-funder-revealed-as-buyer-of-maltese-falcon/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.luxist.com/category/water/" rel="tag">Water</a>, <a href="http://www.luxist.com/category/wealth/" rel="tag">Wealth</a></p><img vspace="4" hspace="4" border="1" src="http://www.blogcdn.com/www.luxist.com/media/2009/10/elenamalt2.jpg" alt="" /><br />The mystery buyer of the 289-ft. <em><a href="http://www.luxist.com/2009/05/25/the-classicist-i-maltese-falcon-i-yours-for-130-million/">Maltese Falcon</a></em>, the world's largest, best designed, and most expensive sailing <a href="http://www.luxist.com/tag/superyacht/">superyacht</a>, has been <a href="http:// blog.jameslist.com/2009/the-final-chapter-in-the-tale-of-the-maltese-falcon/">revealed</a> as Elena Ambrosiadou, Greek-born founder of hedge fund Ikos Partners. The UK's highest-paid woman and its wealthiest female entrepreneur, Ambrosiadou, pictured above after winning the <a href="http://www.luxist.com/2009/09/14/i-maltese-falcon-i-wins-perini-navi-cup/">Perini Navi Cup</a> with her new toy (and collecting the <a href="http://www.luxist.com/tag/Rolex/">Rolex</a> prize), is said to have paid $120 million for the megayacht. Built by <a href="http://www.luxist.com/tag/PeriniNavi/">Perini Navi</a> for venture capitalist <a href="http://en.wikipedia.org/wiki/Tom_Perkins">Tom Perkins</a> in 2006, it remains the <em>ne plus ultra</em> of sailing superyachts, a masterpiece of technology and design, and was recently featured on the cover of <a href="http://www.luxist.com/2008/11/17/luxury-toys-top-of-the-world/"><em>Luxury Toys: Top of the World</em></a>. Her revolutionary sailing system - the DynaRig - set a new milestone in yachting history: three self-standing and rotating masts hosting 15 sails for a total sail area of 25,791 square feet for unrivaled, performance maneuverability and record-shattering speed; she can complete Atlantic crossings in ten days.<br /><br />[via <a href="http://blog.jameslist.com/2009/the-final-chapter-in-the-tale-of-the-maltese-falcon/">JamesList</a>]<br /><br /><div class="postgallery"><p><strong>Gallery: <a href="http://www.luxist.com/photos/the-maltese-falcon/">The Maltese Falcon</a></strong></p><a href="http://www.luxist.com/photos/the-maltese-falcon/2025077/"><img src="http://www.blogcdn.com/www.luxist.com/media/2009/05/maltese-falcon-yacht-aerial_thumbnail.jpg" alt="Aerial view" title="Aerial view" /></a><a href="http://www.luxist.com/photos/the-maltese-falcon/2025073/"><img src="http://www.blogcdn.com/www.luxist.com/media/2009/05/maltese-falcon-yacht-1_thumbnail.jpg" alt="At sea" title="At sea" /></a><a href="http://www.luxist.com/photos/the-maltese-falcon/2025076/"><img src="http://www.blogcdn.com/www.luxist.com/media/2009/05/maltese-falcon-yacht-atrium_thumbnail.jpg" alt="Atrium" title="Atrium" /></a><a href="http://www.luxist.com/photos/the-maltese-falcon/2025074/"><img src="http://www.blogcdn.com/www.luxist.com/media/2009/05/maltese-falcon-yacht-bridge_thumbnail.jpg" alt="Bridge" title="Bridge" /></a><a href="http://www.luxist.com/photos/the-maltese-falcon/2025079/"><img src="http://www.blogcdn.com/www.luxist.com/media/2009/05/maltese-falcon-yacht-aft_thumbnail.jpg" alt="Aft al fresco" title="Aft al fresco" /></a></div><p style="padding:5px;background:#ffffcc;border:1px solid #ffff99;clear:both;"><a href="http://www.luxist.com"><img src="http://www.luxist.com/media/feedlogo.gif" alt="Luxist" style="float:left;padding:0 5px 5px 0;" /></a><a href="http://www.luxist.com/2009/11/01/female-uk-hedge-funder-revealed-as-buyer-of-maltese-falcon/">Female UK Hedge Funder Revealed as Buyer of Maltese Falcon</a> originally appeared on <a href="http://www.luxist.com">Luxist</a> on Sun, 01 Nov 2009 08:01:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.<br style="clear:both;"></p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.luxist.com/2009/11/01/female-uk-hedge-funder-revealed-as-buyer-of-maltese-falcon/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/forward/19217428/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/2009/11/01/female-uk-hedge-funder-revealed-as-buyer-of-maltese-falcon/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>Elena Ambrosiadou</category><category>ElenaAmbrosiadou</category><category>hedge fund</category><category>HedgeFund</category><category>Maltese Falcon</category><category>MalteseFalcon</category><category>megayacht</category><category>Perini Navi</category><category>PeriniNavi</category><category>sailing</category><category>superyacht</category><category>Tom Perkins</category><category>TomPerkins</category><category>UK</category><category>yacht</category><dc:creator><![CDATA[Jared Paul Stern]]></dc:creator><pubDate>Sun, 01 Nov 2009 08:01:00 EST</pubDate></item><item><title><![CDATA[Roman Abramovich Blows $52K At Lunch, Is Decadence Back?]]></title><link>http://www.luxist.com/2009/10/31/roman-abramovich-blows-52k-at-lunch-is-decadence-back/</link><guid isPermaLink="true">http://www.luxist.com/2009/10/31/roman-abramovich-blows-52k-at-lunch-is-decadence-back/</guid><comments>http://www.luxist.com/2009/10/31/roman-abramovich-blows-52k-at-lunch-is-decadence-back/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.luxist.com/category/dining/" rel="tag">Dining</a>, <a href="http://www.luxist.com/category/wealth/" rel="tag">Wealth</a></p><a href="http://www.tmz.com/2009/10/30/russian-billionaire-bill-money-cash-roman-abramovich-chelsea-football-club/"><img vspace="4" hspace="4" border="0" align="right" src="http://www.blogcdn.com/www.luxist.com/media/2009/10/90993635.jpg" alt="roman abramovich" /></a>Do we need a better augury of a renewed global economy than this? <a href="http://www.tmz.com/2009/10/30/russian-billionaire-bill-money-cash-roman-abramovich-chelsea-football-club/">TMZ is reporting </a>that our favorite spendthrift <a href="http://www.luxist.com/tag/roman+abramovich">Roman Abramovich </a>is at it again. He spent around $52,000 on lunch in New York City at Italian food restaurant Nello's. Abramovich and his party of nine others dined on <a href="http://www.luxist.com/2009/10/25/what-are-truffles/">truffle </a>carpaccio, rigatoni Siciliana, truffle taglioni, filet mignon and more but what really boosted the tab was the <a href="http://www.luxist.com/2009/10/09/how-to-care-for-your-fine-wine-collection/">wine</a>. The bill which TMZ has obtained shows bottles of Cristal Ros&eacute;, Chateau Petrus and Domaine Romanee-Conti La Tache as well as some Johnnie Walker Blue. Apparently, Abramovich and his crew aren't sweets lovers, there's just one lone tiramisu on the list. <br /><br />TMZ reports that the check had an automatic gratuity of 20 percent, over $7,000 but Roman and crew threw in another $5,000, bringing the tip to 26 percent. Classy move, oligarchs.<p style="padding:5px;background:#ffffcc;border:1px solid #ffff99;clear:both;"><a href="http://www.luxist.com"><img src="http://www.luxist.com/media/feedlogo.gif" alt="Luxist" style="float:left;padding:0 5px 5px 0;" /></a><a href="http://www.luxist.com/2009/10/31/roman-abramovich-blows-52k-at-lunch-is-decadence-back/">Roman Abramovich Blows $52K At Lunch, Is Decadence Back?</a> originally appeared on <a href="http://www.luxist.com">Luxist</a> on Sat, 31 Oct 2009 00:01:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.<br style="clear:both;"></p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://www.tmz.com/2009/10/30/russian-billionaire-bill-money-cash-roman-abramovich-chelsea-football-club/>Read</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/2009/10/31/roman-abramovich-blows-52k-at-lunch-is-decadence-back/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/forward/19217468/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/2009/10/31/roman-abramovich-blows-52k-at-lunch-is-decadence-back/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>food-awards</category><category>nellos</category><category>new york city</category><category>NewYorkCity</category><category>roman abramovich</category><category>RomanAbramovich</category><category>spending</category><dc:creator><![CDATA[Deidre Woollard]]></dc:creator><pubDate>Sat, 31 Oct 2009 00:01:00 EST</pubDate></item><item><title><![CDATA[Ty Warner Is The Latest To Face Hotel Mortgage Trouble]]></title><link>http://www.luxist.com/2009/10/29/ty-warner-is-the-latest-to-face-hotel-mortgage-trouble/</link><guid isPermaLink="true">http://www.luxist.com/2009/10/29/ty-warner-is-the-latest-to-face-hotel-mortgage-trouble/</guid><comments>http://www.luxist.com/2009/10/29/ty-warner-is-the-latest-to-face-hotel-mortgage-trouble/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.luxist.com/category/journeys/" rel="tag">Journeys</a>, <a href="http://www.luxist.com/category/wealth/" rel="tag">Wealth</a></p><a href="http://online.wsj.com/article/SB10001424052748704746304574503761311322796.html#articleTabs%3Darticle"><img vspace="4" hspace="4" border="0" align="right" alt="ty warner suite"  src="http://www.blogcdn.com/www.luxist.com/media/2009/10/nyf_124_320x400_web-large.jpg" /></a>All those who bought Beanie Babies in the hope that they would only go up in value might enjoy a bit of schadenfreude with the news that Ty Warner, who made a fortune on selling those plush toys, is facing a cash crunch of his own. <a href="http://online.wsj.com/article/SB10001424052748704746304574503761311322796.html#articleTabs%3Darticle">The Wall Street Journal reports</a> that Warner is struggling to get a extension on his  $345 million securitized mortgage on four of his luxury hotels because of, what else, a lack of cash flow.<br /><br />The servicer overseeing the mortgage handed it off to a special servicer, Capmark Financial Group. The four hotels haven't been able to generate the $44.6 million in annual cash flow necessary to qualify for a  one-year extension of the loan according to debt-rating company Realpoint LLC.  The four hotels are the Four Seasons in Manhattan, The Four Seasons Biltmore in Santa Barbara, the San Ysidro Ranch in Santa Barbara and Las Ventanas in Baja. Occupancy in the four hotels has declined around ten percent over the past six months.<br /><br />Warner bought the hotels between 1999 and 2004 after amassing his Beanie-infused fortune. He now must struggle to reach a compromise with the special servicer to revise the mortgage and get an extension. This is something that may be in the best interest of the mortgage holder in a time when more and more hotels are facing difficulties. All the hotels remain open during the crisis. And you can still rent the Ty Warner suite, shown at right, in the <a href="http://www.fourseasons.com/newyorkfs/guest_rooms_and_suites/ty_warner_penthouse.html#image-newyorkfs-hotel-NYF_121">New York Four Seasons </a>for around $35,000 a night.<p style="padding:5px;background:#ffffcc;border:1px solid #ffff99;clear:both;"><a href="http://www.luxist.com"><img src="http://www.luxist.com/media/feedlogo.gif" alt="Luxist" style="float:left;padding:0 5px 5px 0;" /></a><a href="http://www.luxist.com/2009/10/29/ty-warner-is-the-latest-to-face-hotel-mortgage-trouble/">Ty Warner Is The Latest To Face Hotel Mortgage Trouble</a> originally appeared on <a href="http://www.luxist.com">Luxist</a> on Thu, 29 Oct 2009 21:01:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.<br style="clear:both;"></p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://online.wsj.com/article/SB10001424052748704746304574503761311322796.html#articleTabs%3Darticle>Read</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/2009/10/29/ty-warner-is-the-latest-to-face-hotel-mortgage-trouble/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/forward/19215986/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/2009/10/29/ty-warner-is-the-latest-to-face-hotel-mortgage-trouble/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>four seasons biltmore</category><category>FourSeasonsBiltmore</category><category>hotels in trouble</category><category>HotelsInTrouble</category><category>las ventanas</category><category>LasVentanas</category><category>ty warner</category><category>TyWarner</category><dc:creator><![CDATA[Deidre Woollard]]></dc:creator><pubDate>Thu, 29 Oct 2009 21:01:00 EST</pubDate></item><item><title><![CDATA[Madoff's Victims To Get $534+ Million in Payments]]></title><link>http://www.luxist.com/2009/10/29/madoffs-victims-to-get-534-million-in-payments/</link><guid isPermaLink="true">http://www.luxist.com/2009/10/29/madoffs-victims-to-get-534-million-in-payments/</guid><comments>http://www.luxist.com/2009/10/29/madoffs-victims-to-get-534-million-in-payments/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.luxist.com/category/wealth/" rel="tag">Wealth</a>, <a href="http://www.luxist.com/category/crimes-and-misdemeanors-1/" rel="tag">Crimes and Misdemeanors</a></p><a href="http://www.reuters.com/article/fundsFundsNews/idUSN2830882120091028"><img vspace="4" hspace="4" border="0" align="right" src="http://www.blogcdn.com/www.luxist.com/media/2009/10/85392977.jpg" alt="bernie madoff" /></a>The latest in the <a href="http://www.luxist.com/search/?q=Madoff&amp;invocationType=wl-luxist&amp;searchsubmit=">Bernie Madoff</a> saga is actually a bit of good news for his myriad victims. <a href="http://www.reuters.com/article/fundsFundsNews/idUSN2830882120091028">Reuters</a> reports that they will receive more than $534 million in payouts, according to court-appointed trustee Irving Picard, who is trying to recover Madoff's assets.<br /><br />The sum is less than one-eighth of the $4.44 billion of claims that Picard has so far deemed valid and is less than 3% of the $21.2 billion of losses suffered by holders of 2,335 Madoff accounts. These losses are up from the $13 billion the government estimated in June, when Madoff was sentenced to 150 years in prison.<br /><br />Picard, a partner at the law firm Baker &amp; Hostetler LLP, said he has reviewed 2,861 direct customer claims, allowing 1,558 and rejecting 1,303. He said 15,974 customer claims were submitted and noted that he has recovered $1.4 billion of Madoff assets, an amount that should reach $1.5 billion by year end.<br /><br />Picard has filed lawsuits to recover $15 billion from Madoff investors he calls "net winners." Of the 4,903 accounts at Madoff's firm on December 11, 2008, when Madoff was arrested, 2,568 received more money than they deposited, he said.<br /><br />Picard also said he will pursue the recovery of $7.2 billion from the estate of billionaire philanthropist Jeffry Picower, who recently drowned in a swimming pool at his Palm Beach, Fla., home following a heart attack.<br /><br />The Securities Investor Protection Corp, a federally chartered agency that supervises the liquidation of brokerages, has been "the only source of distributed funds" to victims so far, agency president Stephen Harbeck said, adding that the $534.25 million of committed advances is more than in the SIPC's 321 combined prior liquidations since 1970. Federal law limits SIPC protection to $500,000.<p style="padding:5px;background:#ffffcc;border:1px solid #ffff99;clear:both;"><a href="http://www.luxist.com"><img src="http://www.luxist.com/media/feedlogo.gif" alt="Luxist" style="float:left;padding:0 5px 5px 0;" /></a><a href="http://www.luxist.com/2009/10/29/madoffs-victims-to-get-534-million-in-payments/">Madoff's Victims To Get $534+ Million in Payments</a> originally appeared on <a href="http://www.luxist.com">Luxist</a> on Thu, 29 Oct 2009 18:01:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.<br style="clear:both;"></p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://www.reuters.com/article/fundsFundsNews/idUSN2830882120091028>Read</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/2009/10/29/madoffs-victims-to-get-534-million-in-payments/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/forward/19214310/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/2009/10/29/madoffs-victims-to-get-534-million-in-payments/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>bernard Madoff</category><category>BernardMadoff</category><category>Bernie Madoff</category><category>BernieMadoff</category><category>justice</category><category>Madoff</category><category>ponzi scheme</category><category>PonziScheme</category><dc:creator><![CDATA[Lisa Palladino]]></dc:creator><pubDate>Thu, 29 Oct 2009 18:01:00 EST</pubDate></item><item><title><![CDATA[<I>Platinum Babies</I> on WeTV]]></title><link>http://www.luxist.com/2009/10/21/i-platinum-babies-i-on-wetv/</link><guid isPermaLink="true">http://www.luxist.com/2009/10/21/i-platinum-babies-i-on-wetv/</guid><comments>http://www.luxist.com/2009/10/21/i-platinum-babies-i-on-wetv/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.luxist.com/category/services/" rel="tag">Services</a>, <a href="http://www.luxist.com/category/children/" rel="tag">Children</a>, <a href="http://www.luxist.com/category/wealth/" rel="tag">Wealth</a></p><a href="http://www.wetv.com/platinum-babies/"><img vspace="4" hspace="4" border="1" alt="&lt;I&gt;Platinum Babies&lt;/I&gt; on WeTV" src="http://www.blogcdn.com/www.luxist.com/media/2009/10/66_banner.jpg" /></a>We all know that youth will always have an edge in pop culture and consumerism. But now even babies in utero are in on the commercialized luxe life. A new show on <a href="http://www.wetv.com/">WeTV</a>, <a href="http://www.wetv.com/platinum-babies/"><em>Platinum Babies</em></a>, debuting on Friday, November 6, will highlight wealthy parents-to-be who are sparing no expense when it comes to getting ready for their little one's arrival. In the first two episodes you'll meet Victoria and Tom, and Tara and Andrew, and watch along as they shop, shop, shop, par-tay (celebs on hand, natch), get massages, et cetera. I don't think I'll be DVRing this show, as I feel a little bit icky thinking about what I assume will be baby exploitation and massive, blatant product placement.<p style="padding:5px;background:#ffffcc;border:1px solid #ffff99;clear:both;"><a href="http://www.luxist.com"><img src="http://www.luxist.com/media/feedlogo.gif" alt="Luxist" style="float:left;padding:0 5px 5px 0;" /></a><a href="http://www.luxist.com/2009/10/21/i-platinum-babies-i-on-wetv/"><I>Platinum Babies</I> on WeTV</a> originally appeared on <a href="http://www.luxist.com">Luxist</a> on Wed, 21 Oct 2009 21:01:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.<br style="clear:both;"></p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.luxist.com/2009/10/21/i-platinum-babies-i-on-wetv/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/forward/19201746/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/2009/10/21/i-platinum-babies-i-on-wetv/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>babies</category><category>baby</category><category>children</category><category>kids</category><category>platinum</category><category>TV</category><category>WeTV</category><dc:creator><![CDATA[Lisa Palladino]]></dc:creator><pubDate>Wed, 21 Oct 2009 21:01:00 EST</pubDate></item><item><title><![CDATA[100 Year Old Superyacht Sets Sail Once Again]]></title><link>http://www.luxist.com/2009/10/21/100-year-old-superyacht-sets-sail-once-again/</link><guid isPermaLink="true">http://www.luxist.com/2009/10/21/100-year-old-superyacht-sets-sail-once-again/</guid><comments>http://www.luxist.com/2009/10/21/100-year-old-superyacht-sets-sail-once-again/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.luxist.com/category/water/" rel="tag">Water</a>, <a href="http://www.luxist.com/category/wealth/" rel="tag">Wealth</a></p><a href="http://duncanquinn.com/news"><img vspace="4" hspace="4" border="1" src="http://www.blogcdn.com/www.luxist.com/media/2009/10/elenayacht.jpg" alt="" /></a><br />A 137-ft. racing <a href="http://www.luxist.com/tag/schooner/">schooner</a> dubbed the <em>Elena</em>, built in 1910 for financier Morton F. Plant and one of the most coveted <a href="http://www.luxist.com/tag/superyachts/">superyachts</a> of its day, has been rebuilt and relaunched in all its original splendor. Plant, who is best remembered these days as the man who traded his <a href="http://www.luxist.com/tag/FifthAvenue/">Fifth Avenue</a> mansion to <a href="http://www.luxist.com/tag/Cartier/">Cartier</a> in 1917 for $100 and a pearl necklace, later sold the <a href="http://www.luxist.com/tag/yacht/">yacht</a> to <a href="http://en.wikipedia.org/wiki/Cornelius_Vanderbilt">Cornelius Vanderbilt</a>, and it won several of the major regattas of its day. <em>Elena</em>'s crowning triumph came in 1928 when it won the 3,400 mile 1928 King's Cup Trans-Atlantic Race from <a href="http://www.luxist.com/tag/NewYork/">New York</a> to Santander, Spain. Now the <em>Elena</em> (above) has been completely rebuilt by Spain's Factoria Naval de Marin with help from the original hand-drawn plans donated by <a href="http://www.luxist.com/tag/MIT/">MIT</a>. Historic images of the yacht were painstakingly studied to ensure that every detail was restored to perfection, from her towering masts and nearly 1,200 square meter sail plan to the wide teak deck and luxurious appointments. The <em>Elena</em> can accommodate 10 guests in Gilded Age luxury, with mahogany paneling throughout and elegant, period correct fittings discreetly updated with modern technology. <br /><br />[via <a href="http://duncanquinn.com/news">Duncan Quinn</a>]<p style="padding:5px;background:#ffffcc;border:1px solid #ffff99;clear:both;"><a href="http://www.luxist.com"><img src="http://www.luxist.com/media/feedlogo.gif" alt="Luxist" style="float:left;padding:0 5px 5px 0;" /></a><a href="http://www.luxist.com/2009/10/21/100-year-old-superyacht-sets-sail-once-again/">100 Year Old Superyacht Sets Sail Once Again</a> originally appeared on <a href="http://www.luxist.com">Luxist</a> on Wed, 21 Oct 2009 07:03:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.<br style="clear:both;"></p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.luxist.com/2009/10/21/100-year-old-superyacht-sets-sail-once-again/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/forward/19202398/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/2009/10/21/100-year-old-superyacht-sets-sail-once-again/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>Cornelius Vanderbilt</category><category>CorneliusVanderbilt</category><category>sailing</category><category>superyacht</category><category>Vanderbilt</category><category>yacht</category><dc:creator><![CDATA[Jared Paul Stern]]></dc:creator><pubDate>Wed, 21 Oct 2009 07:03:00 EST</pubDate></item><item><title><![CDATA[Harrods Gets Into The Gold Bar Business]]></title><link>http://www.luxist.com/2009/10/17/harrods-gets-into-the-gold-bar-business/</link><guid isPermaLink="true">http://www.luxist.com/2009/10/17/harrods-gets-into-the-gold-bar-business/</guid><comments>http://www.luxist.com/2009/10/17/harrods-gets-into-the-gold-bar-business/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.luxist.com/category/wealth/" rel="tag">Wealth</a></p><a href="http://www.timesonline.co.uk/tol/money/consumer_affairs/article6877148.ece"><img vspace="4" hspace="4" border="0" align="right" alt="gold "  src="http://www.blogcdn.com/www.luxist.com/media/2009/10/85888944.jpg" /></a>With gold cresting over $1,000 an ounce many gold bugs are patting themselves on the back. Now for those who want to get in on the action there is a new way to buy gold. Buying gold bars isn't something you'd think of doing in a department store but <a href="http://www.harrods.com/harrodsstore/">Harrods</a> is betting that some will want to buy their bullion in the same place that they buy their gold earrings. <br /><br /><a href="http://www.timesonline.co.uk/tol/money/consumer_affairs/article6877148.ece">The London Times reports</a> that the Knightsbridge department store has begun selling bars of pure Swiss gold bullion out of a miniature vault. Gold lovers can also buy gold coins from around the world. The new gold sales are part of a collaboration with the Swiss refiner <a href="http://www.pamp.ch/">Produits Artistiques Metaux Precieux</a>. Customers can also buy online and then collect their purchase in person. A full-sized gold bar would cost about $466,000 and those who don't have a place to store it can also arrange for a  safe deposit box, vault or international service courier.<p style="padding:5px;background:#ffffcc;border:1px solid #ffff99;clear:both;"><a href="http://www.luxist.com"><img src="http://www.luxist.com/media/feedlogo.gif" alt="Luxist" style="float:left;padding:0 5px 5px 0;" /></a><a href="http://www.luxist.com/2009/10/17/harrods-gets-into-the-gold-bar-business/">Harrods Gets Into The Gold Bar Business</a> originally appeared on <a href="http://www.luxist.com">Luxist</a> on Sat, 17 Oct 2009 10:01:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.<br style="clear:both;"></p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://www.timesonline.co.uk/tol/money/consumer_affairs/article6877148.ece>Read</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/2009/10/17/harrods-gets-into-the-gold-bar-business/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/forward/19199283/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/2009/10/17/harrods-gets-into-the-gold-bar-business/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>gold</category><category>gold bars</category><category>gold investing</category><category>GoldBars</category><category>GoldInvesting</category><category>harrods</category><category>london</category><dc:creator><![CDATA[Deidre Woollard]]></dc:creator><pubDate>Sat, 17 Oct 2009 10:01:00 EST</pubDate></item><item><title><![CDATA[Mukesh Ambani's Big Pay Cut]]></title><link>http://www.luxist.com/2009/10/16/mukesh-ambanis-big-pay-cut/</link><guid isPermaLink="true">http://www.luxist.com/2009/10/16/mukesh-ambanis-big-pay-cut/</guid><comments>http://www.luxist.com/2009/10/16/mukesh-ambanis-big-pay-cut/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.luxist.com/category/wealth/" rel="tag">Wealth</a></p><a href="http://www.bloomberg.com/apps/news?pid=20601091&amp;sid=aAYsYAsFc7Wc"><img vspace="4" hspace="4" border="1" align="right" alt="mukesh ambani"  src="http://www.blogcdn.com/www.luxist.com/media/2009/10/84254994.jpg" /></a>The latest trend for billionaires around the world seems to be not raises but showy pay cuts.<a href="http://www.bloomberg.com/apps/news?pid=20601091&amp;sid=aAYsYAsFc7Wc"> Bloomberg reports </a>that India's  <a href="http://www.luxist.com/supersearch/?q=ambani&amp;sort=date">Mukesh Ambani,</a> Asia's richest man, took a 66 percent pay cut to "set a personal example of moderation" after a government call for austerity, thereby reducing his salary before he was asked to do so. Ambani, who is the chairman of Reliance Industries Ltd., will still take home what works out to around $3.3 million in salary plus his family, which owns 49 percent of the company, gets around $216 million in dividends. His younger brother, Anil Ambani is also giving up salary and commission from the five companies he owns.  Mukesh Ambani is famous for his extravagance. He is currently building what will be the world's most lavish home, a $2 billion 27-story skyscraper and in 2007 he bought his wife and Airbus 319 plane for her birthday.<p style="padding:5px;background:#ffffcc;border:1px solid #ffff99;clear:both;"><a href="http://www.luxist.com"><img src="http://www.luxist.com/media/feedlogo.gif" alt="Luxist" style="float:left;padding:0 5px 5px 0;" /></a><a href="http://www.luxist.com/2009/10/16/mukesh-ambanis-big-pay-cut/">Mukesh Ambani's Big Pay Cut</a> originally appeared on <a href="http://www.luxist.com">Luxist</a> on Fri, 16 Oct 2009 18:02:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.<br style="clear:both;"></p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://www.bloomberg.com/apps/news?pid=20601091&amp;sid=aAYsYAsFc7Wc>Read</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/2009/10/16/mukesh-ambanis-big-pay-cut/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/forward/19198592/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/2009/10/16/mukesh-ambanis-big-pay-cut/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>billionaire</category><category>mukesh ambani</category><category>MukeshAmbani</category><category>richest man</category><category>RichestMan</category><dc:creator><![CDATA[Deidre Woollard]]></dc:creator><pubDate>Fri, 16 Oct 2009 18:02:00 EST</pubDate></item><item><title><![CDATA[China's Rich List Shows Rise In Billionaires ]]></title><link>http://www.luxist.com/2009/10/13/chinas-rich-list-shows-rise-in-billionaires/</link><guid isPermaLink="true">http://www.luxist.com/2009/10/13/chinas-rich-list-shows-rise-in-billionaires/</guid><comments>http://www.luxist.com/2009/10/13/chinas-rich-list-shows-rise-in-billionaires/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.luxist.com/category/wealth/" rel="tag">Wealth</a></p><a href="http://blogs.wsj.com/financial-adviser/2009/10/13/no-recession-in-chinese-billionaires/"><img vspace="4" hspace="4" border="0" align="right" alt="wang chaunfu"  src="http://www.blogcdn.com/www.luxist.com/media/2009/10/84256995.jpg" /></a>No matter what is going on in the world, some country is always churning out billionaires. RIght now it's China. The Hurun Report in Shanghai recently released its Hurun RIch List which shows that the ranks of China's wealthy are growing at a rapid rate. The cut-off for the list was raised by 50 percent up to  $150 million and <a href="http://blogs.wsj.com/financial-adviser/2009/10/13/no-recession-in-chinese-billionaires/">as the Wall Street Journal reports,</a> it still grew by 180 people. On the list there are 130 U.S.-dollar-equivalent billionaires. Hurun Report publisher Rupert Hoogewerf suspects the list may actually not reflect just how many billionaires there are in China because he says that many have built up wealth in a more private way. Car-battery maker Wang Chuanfu sits at the top of the list with $5.1 billion and China's richest woman, paper-recycling tycoon Zhang Yin is right after him in the second slot.<p style="padding:5px;background:#ffffcc;border:1px solid #ffff99;clear:both;"><a href="http://www.luxist.com"><img src="http://www.luxist.com/media/feedlogo.gif" alt="Luxist" style="float:left;padding:0 5px 5px 0;" /></a><a href="http://www.luxist.com/2009/10/13/chinas-rich-list-shows-rise-in-billionaires/">China's Rich List Shows Rise In Billionaires </a> originally appeared on <a href="http://www.luxist.com">Luxist</a> on Tue, 13 Oct 2009 19:01:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.<br style="clear:both;"></p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://blogs.wsj.com/financial-adviser/2009/10/13/no-recession-in-chinese-billionaires/>Read</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/2009/10/13/chinas-rich-list-shows-rise-in-billionaires/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/forward/19194135/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/2009/10/13/chinas-rich-list-shows-rise-in-billionaires/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>billionaires</category><category>china</category><category>chinas richest</category><category>ChinasRichest</category><category>hurun report</category><category>hurun rich list</category><category>HurunReport</category><category>HurunRichList</category><category>wang chuanfu</category><category>WangChuanfu</category><dc:creator><![CDATA[Deidre Woollard]]></dc:creator><pubDate>Tue, 13 Oct 2009 19:01:00 EST</pubDate></item><item><title><![CDATA[Nic Cage Faces Huge Tax Bill, Sells In Bel Air ]]></title><link>http://www.luxist.com/2009/10/09/nic-cage-faces-huge-tax-bill-sells-in-bel-air/</link><guid isPermaLink="true">http://www.luxist.com/2009/10/09/nic-cage-faces-huge-tax-bill-sells-in-bel-air/</guid><comments>http://www.luxist.com/2009/10/09/nic-cage-faces-huge-tax-bill-sells-in-bel-air/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.luxist.com/category/celebrity-shopping/" rel="tag">Celebrity Shopping</a>, <a href="http://www.luxist.com/category/wealth/" rel="tag">Wealth</a></p><a href="http://www.latimes.com/classified/realestate/hotprop/la-hmw-hotpropcage9-2009oct09,0,4748656.story"><img vspace="4" hspace="4" border="1" align="right" alt="nicolas cage" src="http://www.blogcdn.com/www.luxist.com/media/2009/10/90811355.jpg" /></a>For Nicolas Cage the internet seems to full of some good news and some bad news today. First the bad, <a href="http://www.tmz.com/2009/10/09/nic-cage-debt-man-walkin/">TMZ has documents </a>that show that Nicolas Cage's current total owed to the IRS is now a steep $6,257,005. But here's the good, he<a href="http://www.latimes.com/classified/realestate/hotprop/la-hmw-hotpropcage9-2009oct09,0,4748656.story"> may have finally unloaded</a> his Bel-Air Tudor home. The home which once belonged to singer Tom Jones and to Dean Martin was for sale for as high as $35 million back in 2006. A sealed bid auction was scheduled for September 24 with the minimum opening offer set at $9.95 million. The MLS now has the home as "looking for backup" which means an offer has been made, and hopefully will stick. Cage paid around $6.5 million for the home in 1998. Cage also recently sold his New York City apartment which had been listed at $9.75 million.<br /><br /><div class="postgallery"><p><strong>Gallery: <a href="http://www.luxist.com/photos/nicolas-cage-in-bel-air-part-2/">Nicolas Cage In Bel Air, Part 2</a></strong></p><a href="http://www.luxist.com/photos/nicolas-cage-in-bel-air-part-2/2151619/"><img src="http://www.blogcdn.com/www.luxist.com/media/2009/07/20090714-1-0749-010s_thumbnail.jpg" alt="" title="" /></a><a href="http://www.luxist.com/photos/nicolas-cage-in-bel-air-part-2/2151617/"><img src="http://www.blogcdn.com/www.luxist.com/media/2009/07/20090714-1-0210-010s_thumbnail.jpg" alt="" title="" /></a><a href="http://www.luxist.com/photos/nicolas-cage-in-bel-air-part-2/2151616/"><img src="http://www.blogcdn.com/www.luxist.com/media/2009/07/20090714-1-0061-010s_thumbnail.jpg" alt="" title="" /></a><a href="http://www.luxist.com/photos/nicolas-cage-in-bel-air-part-2/2151615/"><img src="http://www.blogcdn.com/www.luxist.com/media/2009/07/20090714-1-0886-010s_thumbnail.jpg" alt="" title="" /></a><a href="http://www.luxist.com/photos/nicolas-cage-in-bel-air-part-2/2151614/"><img src="http://www.blogcdn.com/www.luxist.com/media/2009/07/20090714-1-0734-010s_thumbnail.jpg" alt="" title="" /></a></div><br /><br />He still has four homes on the market in the U.S.:<br />His Las Vegas home <a href="http://www.luxist.com/2008/07/21/nicolas-cage-in-las-vegas-estate-of-the-day/"> is listed at $9.49 million. </a><br /><div class="postgallery"><p><strong>Gallery: <a href="http://www.luxist.com/photos/nicolas-cage-in-las-vegas/">Nicolas Cage in Las Vegas</a></strong></p><a href="http://www.luxist.com/photos/nicolas-cage-in-las-vegas/933844/"><img src="http://www.blogcdn.com/www.luxist.com/media/2008/07/cagelv9_thumbnail.jpg" alt="" title="" /></a><a href="http://www.luxist.com/photos/nicolas-cage-in-las-vegas/933843/"><img src="http://www.blogcdn.com/www.luxist.com/media/2008/07/cagelv7_thumbnail.jpg" alt="" title="" /></a><a href="http://www.luxist.com/photos/nicolas-cage-in-las-vegas/933842/"><img src="http://www.blogcdn.com/www.luxist.com/media/2008/07/cagelv5_thumbnail.jpg" alt="" title="" /></a><a href="http://www.luxist.com/photos/nicolas-cage-in-las-vegas/933841/"><img src="http://www.blogcdn.com/www.luxist.com/media/2008/07/cagelv4_thumbnail.jpg" alt="" title="" /></a><a href="http://www.luxist.com/photos/nicolas-cage-in-las-vegas/933840/"><img src="http://www.blogcdn.com/www.luxist.com/media/2008/07/cagelv2_thumbnail.jpg" alt="" title="" /></a></div><br /><br />His Rhode Island home <a href="http://www.luxist.com/2008/10/26/nicolas-cage-in-rhode-island-estate-of-the-day/">sits at $12 million.</a><br /><div class="postgallery"><p><strong>Gallery: <a href="http://www.luxist.com/photos/nicolas-cage-at-gray-craig/">Nicolas Cage at Gray Craig</a></strong></p><a href="http://www.luxist.com/photos/nicolas-cage-at-gray-craig/1114014/"><img src="http://www.blogcdn.com/www.luxist.com/media/2008/10/295514gray_craig_library_thumbnail.jpg" alt="" title="" /></a><a href="http://www.luxist.com/photos/nicolas-cage-at-gray-craig/1114013/"><img src="http://www.blogcdn.com/www.luxist.com/media/2008/10/920468living_room_w_fp_thumbnail.jpg" alt="" title="" /></a><a href="http://www.luxist.com/photos/nicolas-cage-at-gray-craig/1114012/"><img src="http://www.blogcdn.com/www.luxist.com/media/2008/10/760220whitepeacock_thumbnail.jpg" alt="" title="" /></a><a href="http://www.luxist.com/photos/nicolas-cage-at-gray-craig/1114011/"><img src="http://www.blogcdn.com/www.luxist.com/media/2008/10/798276backofhousewater_cropped1_thumbnail.jpg" alt="" title="" /></a><a href="http://www.luxist.com/photos/nicolas-cage-at-gray-craig/1114010/"><img src="http://www.blogcdn.com/www.luxist.com/media/2008/10/717770gray_craig_mansion_approach_thumbnail.jpg" alt="" title="" /></a></div><br /><br />One of his New Orleans homes <a href="http://www.luxist.com/2009/04/03/nicolas-cage-sells-one-many-more-to-go-estate-of-the-day/">is listed for $3.45 million.</a><br /><div class="postgallery"><p><strong>Gallery: <a href="http://www.luxist.com/photos/nicolas-cage-in-new-orleans/">Nicolas Cage in New Orleans</a></strong></p><a href="http://www.luxist.com/photos/nicolas-cage-in-new-orleans/1469492/"><img src="http://www.blogcdn.com/www.luxist.com/media/2009/04/753.6_thumbnail.jpg" alt="" title="" /></a><a href="http://www.luxist.com/photos/nicolas-cage-in-new-orleans/1469491/"><img src="http://www.blogcdn.com/www.luxist.com/media/2009/04/753.4_thumbnail.jpg" alt="" title="" /></a><a href="http://www.luxist.com/photos/nicolas-cage-in-new-orleans/1469490/"><img src="http://www.blogcdn.com/www.luxist.com/media/2009/04/753.8_thumbnail.jpg" alt="" title="" /></a><a href="http://www.luxist.com/photos/nicolas-cage-in-new-orleans/1469489/"><img src="http://www.blogcdn.com/www.luxist.com/media/2009/04/753.11_thumbnail.jpg" alt="" title="" /></a><a href="http://www.luxist.com/photos/nicolas-cage-in-new-orleans/1469488/"><img src="http://www.blogcdn.com/www.luxist.com/media/2009/04/753.9_thumbnail.jpg" alt="" title="" /></a></div><br /><br />The other, the haunted LaLaurie mansion is<a href="http://www.luxist.com/2009/04/22/more-nic-cage-in-new-orleans-estate-of-the-day/"> still listed for $3.55 million.</a><br /><div class="postgallery"><p><strong>Gallery: <a href="http://www.luxist.com/photos/another-nicolas-cage-home-in-new-orleans/">Another Nicolas Cage Home In New Orleans</a></strong></p><a href="http://www.luxist.com/photos/another-nicolas-cage-home-in-new-orleans/1508855/"><img src="http://www.blogcdn.com/www.luxist.com/media/2009/04/806.8_thumbnail.jpg" alt="" title="" /></a><a href="http://www.luxist.com/photos/another-nicolas-cage-home-in-new-orleans/1508854/"><img src="http://www.blogcdn.com/www.luxist.com/media/2009/04/806.7_thumbnail.jpg" alt="" title="" /></a><a href="http://www.luxist.com/photos/another-nicolas-cage-home-in-new-orleans/1508853/"><img src="http://www.blogcdn.com/www.luxist.com/media/2009/04/806.5_thumbnail.jpg" alt="" title="" /></a><a href="http://www.luxist.com/photos/another-nicolas-cage-home-in-new-orleans/1508852/"><img src="http://www.blogcdn.com/www.luxist.com/media/2009/04/806.2_thumbnail.jpg" alt="" title="" /></a><a href="http://www.luxist.com/photos/another-nicolas-cage-home-in-new-orleans/1508851/"><img src="http://www.blogcdn.com/www.luxist.com/media/2009/04/806.4_thumbnail.jpg" alt="" title="" /></a></div><p style="padding:5px;background:#ffffcc;border:1px solid #ffff99;clear:both;"><a href="http://www.luxist.com"><img src="http://www.luxist.com/media/feedlogo.gif" alt="Luxist" style="float:left;padding:0 5px 5px 0;" /></a><a href="http://www.luxist.com/2009/10/09/nic-cage-faces-huge-tax-bill-sells-in-bel-air/">Nic Cage Faces Huge Tax Bill, Sells In Bel Air </a> originally appeared on <a href="http://www.luxist.com">Luxist</a> on Fri, 09 Oct 2009 22:01:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.<br style="clear:both;"></p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://www.latimes.com/classified/realestate/hotprop/la-hmw-hotpropcage9-2009oct09,0,4748656.story>Read</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/2009/10/09/nic-cage-faces-huge-tax-bill-sells-in-bel-air/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/forward/19191096/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/2009/10/09/nic-cage-faces-huge-tax-bill-sells-in-bel-air/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>bel air</category><category>bel-air</category><category>BelAir</category><category>celebrity real estate</category><category>CelebrityRealEstate</category><category>irs</category><category>los angeles</category><category>LosAngeles</category><category>nicolas cage</category><category>NicolasCage</category><category>taxes</category><dc:creator><![CDATA[Deidre Woollard]]></dc:creator><pubDate>Fri, 09 Oct 2009 22:01:00 EST</pubDate></item><item><title><![CDATA[The Battle To Sell Off Richard Scrushy's Many Toys]]></title><link>http://www.luxist.com/2009/10/08/the-battle-to-sell-off-richard-scrushys-many-toys/</link><guid isPermaLink="true">http://www.luxist.com/2009/10/08/the-battle-to-sell-off-richard-scrushys-many-toys/</guid><comments>http://www.luxist.com/2009/10/08/the-battle-to-sell-off-richard-scrushys-many-toys/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.luxist.com/category/wealth/" rel="tag">Wealth</a>, <a href="http://www.luxist.com/category/crimes-and-misdemeanors-1/" rel="tag">Crimes and Misdemeanors</a></p><img hspace="4" vspace="4" border="0" align="right" alt="richard scrushy" src="http://www.blogcdn.com/www.luxist.com/media/2009/10/57028932.jpg" />   <span style="float: left; margin-right: 10px; margin-top: 7px;"><script> digg_url = 'http://digg.com/people/The_Battle_To_Sell_Off_Richard_Scrushy_s_Many_Toys'; </script> <script src=" http://digg.com/api/diggthis.js"></script></span>  Earlier this year former HealthSouth CEO Richard Scrushy was ordered to pay nearly $2.9 billion to shareholders, now his belongings are being divvied up in order to begin to help satisfy that ruling. As we've seen in the Madoff case, tracking down a rich man's holdings isn't always easy. Just how much money Scrushy has isn't clear but lawyers have been rounding up his many belongings and fighting Scrushy's legal team every step of the way.<br /><br />HealthSouth shareholders had filed a lawsuit claiming Scrushy was involved in years of overstating the company's earnings and assets so that it looked like the company was meeting the Wall Street forecasts. He was acquitted in a federal criminal case over related charges and testified in the state civil case that he knew nothing about any fraud but is currently serving a sentence for a 2006 conviction in a separate state government bribery case. The Scrushy saga was also featured in the<a href="http://www.cnbc.com/id/27087295"> CNBC show American Greed.</a><br /><br />One item up for potential sale is the 92-foot yacht, Chez Soiree. The yacht, which is currently anchored in North Palm Beach, Florida, is supposed to be up for sale this weekend. Scrushy has said he doesn't own the yacht but a Cayman Islands-based firm bearing his middle name, Marin Ltd., does. The<a href="http://blog.al.com/businessnews/2009/10/healthsouth_shareholders_attor_1.html"> Birmingham News says </a>that the Tallapoosa County Sheriff's Department has a November 9 auction date planned for Scrushy's $5 million Lake Martin, Alabama home and all of the contents of it and a hangar on the property, a hoard of hundreds of items including a cigarette boat and jet skis. The <a href="http://blog.al.com/bn/2009/10/richard_scrushys_lake_martin_i.html">Birmingham News has PDFs</a> of the list of belongings up for sale complete with black and white shots of wicker chairs, television sets and bad art. Neighbors had referred to the 14,000 square foot home as "the world's largest La Quinta Inn"<br /><br />Scrushy's cars, 19 seized vehicles in total, <a href="http://blog.al.com/businessnews/2009/09/some_richard_scrushys_vehicles.html">were sold at auction last month.</a> The cars includes a Bentley Azure, a Rolls Royce Corniche, a Hummer and a Porsche 911 and brought in more than $850,000 total. Scrushy's team of lawyers had also tried to delay that sale.<p style="padding:5px;background:#ffffcc;border:1px solid #ffff99;clear:both;"><a href="http://www.luxist.com"><img src="http://www.luxist.com/media/feedlogo.gif" alt="Luxist" style="float:left;padding:0 5px 5px 0;" /></a><a href="http://www.luxist.com/2009/10/08/the-battle-to-sell-off-richard-scrushys-many-toys/">The Battle To Sell Off Richard Scrushy's Many Toys</a> originally appeared on <a href="http://www.luxist.com">Luxist</a> on Thu, 08 Oct 2009 20:01:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.<br style="clear:both;"></p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.luxist.com/2009/10/08/the-battle-to-sell-off-richard-scrushys-many-toys/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/forward/19189255/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/2009/10/08/the-battle-to-sell-off-richard-scrushys-many-toys/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>chez soiree</category><category>ChezSoiree</category><category>healthsouth</category><category>lake martin</category><category>LakeMartin</category><category>richard scrushy</category><category>RichardScrushy</category><dc:creator><![CDATA[Deidre Woollard]]></dc:creator><pubDate>Thu, 08 Oct 2009 20:01:00 EST</pubDate></item><item><title><![CDATA[Blue Bloods Meets Burlesque at Book Bash]]></title><link>http://www.luxist.com/2009/10/06/blue-bloods-meets-burlesque-at-book-bash/</link><guid isPermaLink="true">http://www.luxist.com/2009/10/06/blue-bloods-meets-burlesque-at-book-bash/</guid><comments>http://www.luxist.com/2009/10/06/blue-bloods-meets-burlesque-at-book-bash/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.luxist.com/category/events/" rel="tag">Events</a>, <a href="http://www.luxist.com/category/books/" rel="tag">Books</a>, <a href="http://www.luxist.com/category/wealth/" rel="tag">Wealth</a></p><img vspace="4" hspace="4" border="1" alt="" src="http://www.blogcdn.com/www.luxist.com/media/2009/10/melvv.jpg" /><br />There are those who think all rich people are bloodsuckers. The ones in author <a href="http://www.melissa-delacruz.com">Melissa de la Cruz</a>'s Blue Bloods books certainly are. The bestselling series centers on a secret society of socialites within <a href="http://www.luxist.com/tag/NewYorkCity/">New York City</a>'s most elite families, whose ancestors sailed on the Mayflower - and who happen to be <a href="http://www.luxist.com/tag/vampires/">vampires</a> living in luxury on the <a href="http://www.luxist.com/tag/UpperEastSide/">Upper East Side</a>. De la Cruz (right) celebrated the publication of the fourth installment in the series, <a href="http://www.amazon.com/Alen-Legacy-Blue-Bloods-Book/dp/1423102266/ref=sr_1_1?ie=UTF8&amp;s=books&amp;qid=1254679457&amp;sr=1-1"><em>The Van Alen Legacy</em></a>, due to be released today, with a book bash at <a href="http://welcometomeet.com/">Meet at the Apartment</a> in Soho the other night. Sexy <a href="http://www.luxist.com/tag/burlesque/">burlesque</a> star <a href="http://www.luxist.com/tag/VeronicaVarlow/">Veronica Varlow</a> (left), who has been featured on <a href="http://www.luxist.com/tag/MTV/">MTV</a> and hailed as the next <a href="http://www.luxist.com/tag/DitaVonTeese/">Dita Von Teese</a>, performed a vampire-themed routine at the event, as guests sipped cocktails, enjoyed hors d'oeuvres and indulged in mini-cupcakes from <a href="http://www.crumbs.com/">Crumbs Bake Shop</a>. The Blue Bloods series, which has over a million copies in print, has topped the <em>New York Times</em>, <em>USA Today</em> and <em>Publishers Weekly</em> bestseller lists.<p style="padding:5px;background:#ffffcc;border:1px solid #ffff99;clear:both;"><a href="http://www.luxist.com"><img src="http://www.luxist.com/media/feedlogo.gif" alt="Luxist" style="float:left;padding:0 5px 5px 0;" /></a><a href="http://www.luxist.com/2009/10/06/blue-bloods-meets-burlesque-at-book-bash/">Blue Bloods Meets Burlesque at Book Bash</a> originally appeared on <a href="http://www.luxist.com">Luxist</a> on Tue, 06 Oct 2009 14:01:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.<br style="clear:both;"></p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.luxist.com/2009/10/06/blue-bloods-meets-burlesque-at-book-bash/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/forward/19183706/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/2009/10/06/blue-bloods-meets-burlesque-at-book-bash/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>burlesque</category><category>Crumbs Bake Shop</category><category>CrumbsBakeShop</category><category>Melissa de la Cruz</category><category>MelissaDeLaCruz</category><category>New York</category><category>NewYork</category><category>party</category><category>Upper East Side</category><category>UpperEastSide</category><category>vampires</category><category>Veronica Varlow</category><category>VeronicaVarlow</category><dc:creator><![CDATA[Jared Paul Stern]]></dc:creator><pubDate>Tue, 06 Oct 2009 14:01:00 EST</pubDate></item><item><title><![CDATA[Secret Note Prompts Treasure Hunt]]></title><link>http://www.luxist.com/2009/10/01/secret-note-prompts-treasure-hunt/</link><guid isPermaLink="true">http://www.luxist.com/2009/10/01/secret-note-prompts-treasure-hunt/</guid><comments>http://www.luxist.com/2009/10/01/secret-note-prompts-treasure-hunt/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.luxist.com/category/wealth/" rel="tag">Wealth</a></p><img vspace="4" hspace="4" border="0" align="right" src="http://www.blogcdn.com/www.luxist.com/media/2009/10/57585915.jpg" alt="gold coins" />I love a good treasure hunt and the <a href="http://www.google.com/hostednews/ap/article/ALeqM5gfdqKcxmLVrbhs_2B2HkyoBJPbRwD9B1RLQ80">AP has a great story</a> of one that is going on in Illinois. Patty Henken bought an old rocking chair for $200 at an auction and when she removed the seat she found an envelope with "Finders Keepers" typewritten on it. Inside, a key was taped to a note which gave directions for finding a lead chest filled with gold coins buried underground. So far the treasure hasn't been unearthed but that's not for lack of trying. A search of the site, now a vacant lot, with a donated backhoe last week did not yield any major discovery, only a cistern with bricks and antique bottles. The note was signed by a "Chauncey Wolcott" and appears to have been written sometime after World War II since it says the chest "cannot be located by metal detector" and that is around the time that metal detectors first became popular. It could all be a hoax but Henken plans to dig at the site again. Here's hoping she finds something great.<br /><br />UPDATE: Could this be a <a href="http://www.google.com/hostednews/ap/article/ALeqM5gfdqKcxmLVrbhs_2B2HkyoBJPbRwD9B4GRC00">prank from beyond the grave?</a> It turns out that the alias belonged to a notorious prankster.<p style="padding:5px;background:#ffffcc;border:1px solid #ffff99;clear:both;"><a href="http://www.luxist.com"><img src="http://www.luxist.com/media/feedlogo.gif" alt="Luxist" style="float:left;padding:0 5px 5px 0;" /></a><a href="http://www.luxist.com/2009/10/01/secret-note-prompts-treasure-hunt/">Secret Note Prompts Treasure Hunt</a> originally appeared on <a href="http://www.luxist.com">Luxist</a> on Thu, 01 Oct 2009 20:01:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.<br style="clear:both;"></p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://www.google.com/hostednews/ap/article/ALeqM5gfdqKcxmLVrbhs_2B2HkyoBJPbRwD9B1RLQ80>Read</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/2009/10/01/secret-note-prompts-treasure-hunt/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/forward/19180904/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/2009/10/01/secret-note-prompts-treasure-hunt/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>gold coins</category><category>GoldCoins</category><category>treasure hunt</category><category>TreasureHunt</category><dc:creator><![CDATA[Deidre Woollard]]></dc:creator><pubDate>Thu, 01 Oct 2009 20:01:00 EST</pubDate></item><item><title><![CDATA[A Billionaire's Unique Real Estate Selling Strategy]]></title><link>http://www.luxist.com/2009/09/29/a-billionaires-unique-real-estate-selling-strategy/</link><guid isPermaLink="true">http://www.luxist.com/2009/09/29/a-billionaires-unique-real-estate-selling-strategy/</guid><comments>http://www.luxist.com/2009/09/29/a-billionaires-unique-real-estate-selling-strategy/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.luxist.com/category/wealth/" rel="tag">Wealth</a></p><a href="http://www.dailymail.co.uk/property/article-1216688/Billionaire-Alki-David-loses-wife--13m-home-suburbs.html"><img vspace="4" hspace="4" border="1" align="right" alt=""  src="http://www.blogcdn.com/www.luxist.com/media/2009/09/79826335.jpg" /></a>It's hard not to be a little envious of Alki David not only is he an actor and producer with roles in films like "The Bank Job" but he is also a billionaire heir to a shipping and bottling plant fortune. David, who has homes in Greece and Switzerland as well as several homes in England is looking to sell his Hampstead home. He and his wife are separating and <a href="http://www.dailymail.co.uk/property/article-1216688/Billionaire-Alki-David-loses-wife--13m-home-suburbs.html">in the Daily Mail</a> he describes the seven-bedroom home, which he bought last year for  &pound;12.5 million, as  "a mistake." As soon as the divorce is final the house will be sold. But his method of selling is a bit different, he plans to offer three agents two months to sell the house. The winner takes home a fixed commission, if it doesn't sell, he'll rent it out. A move from a man who clearly doesn't need the immediate influx of cash.<br /><br />He will move into his &pound;4 million property which has received an &pound;800,000 renovation. Meanwhile, he is living in a two-bedroom flat in Knightsbridge bought two years ago for &pound;1.8million which will give his soon-to-be ex-wife. He plans to expand his latest venture, online media company FilmOn, into the U.S. and is ready to capitalize on the lower prices in Los Angeles and pick up a new mansion there. But for tax purposes his main residence is Cyprus. He also owns a record label, modeling agency and founded the not-for-profit organization, BIOS which works on marine conservation in Greece.<p style="padding:5px;background:#ffffcc;border:1px solid #ffff99;clear:both;"><a href="http://www.luxist.com"><img src="http://www.luxist.com/media/feedlogo.gif" alt="Luxist" style="float:left;padding:0 5px 5px 0;" /></a><a href="http://www.luxist.com/2009/09/29/a-billionaires-unique-real-estate-selling-strategy/">A Billionaire's Unique Real Estate Selling Strategy</a> originally appeared on <a href="http://www.luxist.com">Luxist</a> on Tue, 29 Sep 2009 20:02:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.<br style="clear:both;"></p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://www.dailymail.co.uk/property/article-1216688/Billionaire-Alki-David-loses-wife--13m-home-suburbs.html>Read</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/2009/09/29/a-billionaires-unique-real-estate-selling-strategy/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/forward/19178552/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/2009/09/29/a-billionaires-unique-real-estate-selling-strategy/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>alki david</category><category>AlkiDavid</category><category>billionaire</category><category>hampstead</category><category>london</category><dc:creator><![CDATA[Deidre Woollard]]></dc:creator><pubDate>Tue, 29 Sep 2009 20:02:00 EST</pubDate></item><item><title><![CDATA[Gap Founders Art Collection Finds A Home At Last]]></title><link>http://www.luxist.com/2009/09/26/gap-founders-art-collection-finds-a-home-at-last/</link><guid isPermaLink="true">http://www.luxist.com/2009/09/26/gap-founders-art-collection-finds-a-home-at-last/</guid><comments>http://www.luxist.com/2009/09/26/gap-founders-art-collection-finds-a-home-at-last/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.luxist.com/category/art/" rel="tag">Art</a>, <a href="http://www.luxist.com/category/big-givers/" rel="tag">Big Givers</a>, <a href="http://www.luxist.com/category/wealth/" rel="tag">Wealth</a></p><img vspace="4" hspace="4" border="1" align="right" src="http://www.blogcdn.com/www.luxist.com/media/2009/09/sfo-sfmoma.jpg"  alt="sf moma" />Gap founders Donald and Doris Fisher have finally found a home for their art collection. The pair spent years trying to build their own museum in San Francisco's Presidio but dropped those plans after facing major opposition from residents and city officials. Instead the large collection of <a href="http://www.mercurynews.com/breaking-news/ci_13422336?nclick_check=1">contemporary art will have a home </a>at the <a href="http://www.sfmoma.org/">San Francisco Museum of Modern Art.</a><br /><br />It's a huge get for the museum, the collection is a 1,100-piece assortment of works by 185 contemporary artists with many fine pieces from  Alexander Calder, Roy Lichtenstein, Chuck Close and Andy Warhol and could be worth nearly $1 billion. Donald Fisher released a written statement that said in part:  "San Francisco is where we raised our family and opened our first Gap store, and we want to give back to the city we love by sharing the art that means so much to us."<br /><br />The museum is already in the planning phase for a major expansion and the Fisher Collection will be on display in a new wing. Works from the collection will be shown with the museum's existing holdings in modern and contemporary art.  The works will go into an art trust and the pieces will be on loan to the museum for 25 years. The first peek at the art will come next summer when some of the works are shown as part of the museum's 75th anniversary celebration.<p style="padding:5px;background:#ffffcc;border:1px solid #ffff99;clear:both;"><a href="http://www.luxist.com"><img src="http://www.luxist.com/media/feedlogo.gif" alt="Luxist" style="float:left;padding:0 5px 5px 0;" /></a><a href="http://www.luxist.com/2009/09/26/gap-founders-art-collection-finds-a-home-at-last/">Gap Founders Art Collection Finds A Home At Last</a> originally appeared on <a href="http://www.luxist.com">Luxist</a> on Sat, 26 Sep 2009 19:01:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.<br style="clear:both;"></p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://www.mercurynews.com/breaking-news/ci_13422336?nclick_check=1>Read</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/2009/09/26/gap-founders-art-collection-finds-a-home-at-last/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/forward/19174855/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/2009/09/26/gap-founders-art-collection-finds-a-home-at-last/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>art</category><category>contemporary art</category><category>ContemporaryArt</category><category>don fisher</category><category>donald fisher</category><category>DonaldFisher</category><category>DonFisher</category><category>gap</category><category>modern art</category><category>ModernArt</category><category>san francisco</category><category>SanFrancisco</category><category>sf moma</category><category>SfMoma</category><dc:creator><![CDATA[Deidre Woollard]]></dc:creator><pubDate>Sat, 26 Sep 2009 19:01:00 EST</pubDate></item><item><title><![CDATA[The Shops at The Plaza]]></title><link>http://www.luxist.com/2009/09/25/the-shops-at-the-plaza/</link><guid isPermaLink="true">http://www.luxist.com/2009/09/25/the-shops-at-the-plaza/</guid><comments>http://www.luxist.com/2009/09/25/the-shops-at-the-plaza/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.luxist.com/category/apparel/" rel="tag">Apparel</a>, <a href="http://www.luxist.com/category/handbags/" rel="tag">Handbags</a>, <a href="http://www.luxist.com/category/jewelry/" rel="tag">Jewelry</a>, <a href="http://www.luxist.com/category/services/" rel="tag">Services</a>, <a href="http://www.luxist.com/category/spas/" rel="tag">Spas</a>, <a href="http://www.luxist.com/category/cosmetics-and-fragrance/" rel="tag">Cosmetics and Fragrance</a>, <a href="http://www.luxist.com/category/mens-style/" rel="tag">Men's Style</a>, <a href="http://www.luxist.com/category/wealth/" rel="tag">Wealth</a></p><a href="http://www.theplaza.com/"><img width="580" vspace="4" hspace="4" height="408" border="1" align="middle" src="http://www.blogcdn.com/www.luxist.com/media/2009/09/plaza-beauty.png" alt="The Shops at The Plaza" /></a><br />Like my colleagues Annie and Alison, I braved Fashion Week, in particular, <a href="http://www.fashionsnightout.com/">Fashion's Night Out</a> on September 10. But I was fortunate to be in one serene place, <a href="http://www.theplaza.com">The Shops at The Plaza</a>. Entering at One East 58th Street, right near Central Park, The Shops at The Plaza immediately gives you a feeling of luxury shopping, but in a much more open environment than a small boutique because The Shops is 160,000 square feet on six levels.<br /><br />The Shops features a unique gathering of one-of-a-kind jewelry designers and coveted boutique brands, many of which have chosen to open their first U.S. outpost exclusively here. Examples of the stores you'll find are <a href="http://www.krigler.com/">Krigler</a>, a fifth-generation fragrance house with Russian roots and French savoir-faire; <a href="http://www.anna-hu.com/main.html">Anna Hu</a>, a Christie's New York and Van Cleef &amp; Arpels veteran who specializes in creating stunning, one-of-a-kind pieces; <a href="http://www.qiviuk.com/">Qiviuk</a>, which offers unusual, high-quality clothing for men and women made of the cashmere-like Qiviuk fiber; and a new store to The Shops, the flagship location of New York fashion designer <a href="http://www.douglashannant.com/">Douglas Hannant</a>. I had the chance to chat with representatives from each of these stores, so watch Luxist for more on these brands.<br /><br />Other stores at The Shops are MCM, Ghurka, Vertu, Morgenthal Frederics, Seize Sur Vingt, LTJ Arthur, GOODFORTUNE TENTHOUSANDTHINGS, Kenneth Jay Lane, Iradj Moini, Maurice Fine Jewelry, Helen Yarmak, Peter Lik Fine Photography, and Francesco Fino. Plus, now reopened is The Plaza Boutique, the hotel's own store, which offers high-end leather goods, porcelain glasses, fashionable men's shirts, and luxurious gift items.<br /> <br /> As for beauty, The Shops has that area covered as well. The Plaza Beauty by <a href="http://www.warrentricomi.com/default.aspx">Warren-Tricomi</a> is a beauty destination and contemporary boutique divided by category, offering a brow bar, men's bar, fragrance bar, and skincare. (See photo.) Drawing from the worlds of hair care, skincare, and fragrance, The Plaza Beauty provides a sampling of the most luxurious, internationally-renowned brands, as well as rare, emerging lines, all hand-picked by Joel Warren and Edward Tricomi. <br /> <br /> All that shopping and beautification may make you in need of a respite, or at least a snack. Stop by the Demel caf&eacute;, Parisian bookseller Assouline, the Caudalie Vinotherapie Spa, Warren-Tricomi Salon, or the Fitness Center by Radu Physical Culture to refuel and recharge.<br /> <br /> The Plaza has undergone a $400 million, three-year, lobby-to-roof renovation and restoration, and it's amazing. Designated a New York City Landmark in 1969, it is also the only New York City hotel to be designated as a National Historic Landmark.<p style="padding:5px;background:#ffffcc;border:1px solid #ffff99;clear:both;"><a href="http://www.luxist.com"><img src="http://www.luxist.com/media/feedlogo.gif" alt="Luxist" style="float:left;padding:0 5px 5px 0;" /></a><a href="http://www.luxist.com/2009/09/25/the-shops-at-the-plaza/">The Shops at The Plaza</a> originally appeared on <a href="http://www.luxist.com">Luxist</a> on Fri, 25 Sep 2009 08:01:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.<br style="clear:both;"></p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.luxist.com/2009/09/25/the-shops-at-the-plaza/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/forward/19170522/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/2009/09/25/the-shops-at-the-plaza/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>Fashions Night Out</category><category>FashionsNightOut</category><category>hotel</category><category>New York</category><category>New York City</category><category>NewYork</category><category>NewYorkCity</category><category>shopping</category><category>The Plaza</category><category>ThePlaza</category><dc:creator><![CDATA[Lisa Palladino]]></dc:creator><pubDate>Fri, 25 Sep 2009 08:01:00 EST</pubDate></item><item><title><![CDATA[Abramovich Installs Anti-Photo Shield on World's Largest Yacht]]></title><link>http://www.luxist.com/2009/09/22/abramovich-installs-anti-photo-shield-on-worlds-largest-yacht/</link><guid isPermaLink="true">http://www.luxist.com/2009/09/22/abramovich-installs-anti-photo-shield-on-worlds-largest-yacht/</guid><comments>http://www.luxist.com/2009/09/22/abramovich-installs-anti-photo-shield-on-worlds-largest-yacht/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.luxist.com/category/water/" rel="tag">Water</a>, <a href="http://www.luxist.com/category/wealth/" rel="tag">Wealth</a></p><img vspace="4" hspace="4" border="1" alt="" src="http://www.blogcdn.com/www.luxist.com/media/2009/09/abrameclipse.jpg" /><br />In addition to the military-grade missile defense system, armor plating and bullet-proof windows featured on <a href="http://www.luxist.com/tag/RomanAbramovich/">Roman Abramovich</a>'s new <a href="http://www.luxist.com/2008/10/06/abramovichs-new-350-million-megayacht-will-have-missile-defenc/">557-ft. <em>Eclipse</em></a> (above), the world's largest and most expensive privately owned <a href="http://www.luxist.com/tag/yacht/">yacht</a>, the Russian oligarch has installed a high-tech anti-photo shield designed to keep the paparazzi at bay. The system relies on lasers to block any digital camera lenses nearby, the London <em>Times</em> <a href="http://www.timesonline.co.uk/tol/news/world/europe/article6841380.ece">reports</a>. Infrared lasers will detect the cameras' electronic light sensors, known as charge-coupled devices (CCDs), and then fire a focused beam of light at the camera, disrupting its ability to record a digital image. The <em>Times</em>, which also claims the total cost of the <em>Eclipse</em> has now ballooned over the $1 billion mark, reports the yacht set off on a sea trial last week with 150 engineers and maritime experts aboard who will put it through its paces over 10 days. Abramovich, who <a href="http://www.luxist.com/2009/09/18/roman-abramovich-picks-up-home-for-89-million/">just paid $89 million</a> for a villa in St. Bart's, is due to take delivery of the yacht on December 22.<p style="padding:5px;background:#ffffcc;border:1px solid #ffff99;clear:both;"><a href="http://www.luxist.com"><img src="http://www.luxist.com/media/feedlogo.gif" alt="Luxist" style="float:left;padding:0 5px 5px 0;" /></a><a href="http://www.luxist.com/2009/09/22/abramovich-installs-anti-photo-shield-on-worlds-largest-yacht/">Abramovich Installs Anti-Photo Shield on World's Largest Yacht</a> originally appeared on <a href="http://www.luxist.com">Luxist</a> on Tue, 22 Sep 2009 19:00:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.<br style="clear:both;"></p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.luxist.com/2009/09/22/abramovich-installs-anti-photo-shield-on-worlds-largest-yacht/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/forward/19169657/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.luxist.com/2009/09/22/abramovich-installs-anti-photo-shield-on-worlds-largest-yacht/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>Eclipse</category><category>megayacht</category><category>oligarch</category><category>Roman Abramovich</category><category>RomanAbramovich</category><category>Russia</category><category>russian billionaires</category><category>RussianBillionaires</category><category>security</category><category>yacht</category><dc:creator><![CDATA[Jared Paul Stern]]></dc:creator><pubDate>Tue, 22 Sep 2009 19:00:00 EST</pubDate></item></channel></rss>