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German Billionaire Offers World's Fastest Long-Range Superyacht for $85 Million

Filed under: Yachts & Sailing, Wealth

Guido Krass Silver Zwei Superyacht

German eco-industrialist Guido Krass is offering to sell his 241-ft. Silver Zwei (above), the world's fastest long-range superyacht, for €59 million (about $85 million). Designed to the billionaire's specifications by Monaco's famed Espen Oeino, the Silver Zwei is about as an environmentally friendly as a yacht of its size and speed can be.

That means high fuel efficiency, which is quite handy when crossing the Atlantic at a cool 22 knots. The yacht's light, airy interior has accommodations for 20 guests in nine cabins including a large owner's suite with private lounge and veranda deck. Earth tones and clean white spaces with orange accents abound.

Netscape Billionaire Refits $100 Million Superyacht

Filed under: Yachts & Sailing, Wealth

Netscape Billionaire $100 Million Superyacht

At 295 feet, Netscape billionaire Jim Clark's Royal Huisman yacht Athena is the second largest sailing superyacht in the world. Just behind Barry Diller's 305-ft. Eos and just ahead of the famed Maltese Falcon at 289 feet, the stunning Athena is a sight to behold wherever she sets sail.

Now Clark, who's said to have paid under $100 million for the craft back in 2004, is having her refit in New Zealand – the largest such project ever carried out in the country – at a cost of tens of million of dollars including many high-tech additions.

Upgrades are reportedly being carried out at the behest of Clark's much, much younger new wife, former Sports Illustrated Swimsuit Issue model Christy Hinze. He's 67, she's 31. We had dinner with the Aussie stunner once and found her charming.

Hinze apparently wants to freshen up the somewhat stodgy, old-guy interior done up in dark wood and hotel suite-type furniture. The yacht's deckplan features an open air lounge, media center, formal dining salon, library, main salon with wet bar and an alfresco dining area.

The Athena can currently accommodate ten guests in five cabins, with the lower deck comprised of a full-width master cabin with a Jacuzzi, study and walk-in wardrobe. Hinze will want to enlarge that, no doubt.

[via JamesList]

EXCLUSIVE: Abramovich Said to Be Owner of World's Most Expensive Painting

Filed under: Art, Wealth

EXCLUSIVE: Abramovich is Likely Owner of World's Most Expensive Painting
When we first reported back in May that Pablo Picasso's 1932 painting Nude, Green Leaves, and Bust (above) had sold for a record-breaking $106.5 million at Christie's we heard whispers that the buyer was a certain Russian oligarch known for his eye-popping acquisitions: Roman Abramovich. Now that the world's most expensive painting has been lent to the UK's Tate Modern museum by the unnamed "private collector" who bought it (as my colleague Deidre Woollard reported), a strong indication that the owner is based in London where Abramovich spends most of his time, we're hearing them louder. [cont'd]

Bill Gates Gives Up "World's Richest Man" Status for Philanthropy

Filed under: Charity, Big Givers, Wealth



On Wednesday, Forbes magazine will publish its annual list of the richest billionaires in the world. It's almost certain to include Bill Gates, Warren Buffett and Carlos Slim in the top three, but while Gates has topped the list nearly every year since 1995 (losing out only once to Buffett by a margin of half a billion), this year we're not expecting to see the Microsoft co-founder in the top spot.

The reason for Gates' displacement? His overwhelming philanthropic activity. Although his personal fortune today is estimated around $49 billion, he and his wife Melinda have funneled some $28 billion into their non-profit foundation. As a result, Mexican billionaire Carlos Slim – who contributes far less than Gates or Buffett to charity - is expected to top the list.

[Source: Reuters]

Russian Billionaire Andrey Melnichenko Buys $12 Million Central Park Pad

Filed under: Estates, Wealth

Russian Billionaire Andrey Melnichenko Buys $12 Million Central Park Pad
Russian billionaire Andrey Melnichenko, owner of the eye-popping $300 million megayacht 'A' (above) designed by Philippe Starck, has splashed out $12.2 million on a penthouse pied-à-terre in Central Park. It's the first New York property for Melnichenko, at 38 one of the world's youngest billionaires, and his model wife Aleksandra, the Wall St. Journal reports, added to a real estate portfolio that includes apartments and estates in Moscow, France and the U.K. The 2,800-sq.-ft., two-bedroom duplex has two balconies, a terrace facing Central Park, and an entrance gallery with 24-foot ceilings. As we reported back in January Melnichenko, who amassed a $4.4 billion fortune in fertilizer and banking, entertained Martha Stewart, Demi Moore and Aston Kutcher on his yacht in St. Barth's over New Year's during Roman Abramovich's bash.

EXCLUSIVE: Ralph Lauren to Exhibit Car Collection Classics for the First Time

Filed under: Luxury Cars & Autos, Events, The Classicist, Architecture & Design

Ralph Lauren to Exhibit Car Collection Classics for the First Time
Images exclusive to Luxist, courtesy of Ralph Lauren; click for high-res gallery

Some of the most precious gems in famed fashion designer Ralph Lauren's incredible car collection will be exhibited for the the first time ever in Paris this spring. Lauren's collection, in our opinion the finest one in private hands on the planet, features impeccable examples of the rarest and most valuable vehicles in the world. We can reveal exclusively that four of his exquisite automotive works of art, which have never before been seen in public, will be on view at the Musée des Arts Décoratifs in Paris from April 28 – August 28: a 1964 Ferrari 250 LM; a 1960 Ferrari 250 GT SWB Berlinetta Scaglietti; a 1956/1958 Jaguar XKSS; and a 1931 Alfa Romeo Monza 8C 2300.

13 other Lauren cars will also be on display during the exhibit, entitled The Art of the Automobile: Masterpieces from the Ralph Lauren Collection, including an amazing 1958 Ferrari 250 Testa Rossa (above), a 1962 Ferrari 250 GTO, and a 1938 Bugatti 57 SC Atlantic Coupé. The last two alone are worth about $30 – $40 million each, and are among the world's most expensive cars. The Paris exhibit will focus on European models created between the 1930s and the 1990s, "illustrating the evolution of car design in the 20th Century." They were selected by curator Rodolphe Rapetti and will be arranged by scenographer Jean-Michel Wilmotte, with the "kinetics" and sound of the vehicles conveyed by means of various films and recordings. The museum will also be producing a luxe book to celebrate the occasion.

Abramovich Moves Down on Russia's Rich List

Filed under: Wealth


Oligarch Roman Abramovich has taken a major tumble on this year's list of Russia's richest men and now languishes in fifth place. Russia's Finans magazine puts Abramovich's wealth at $17.1 billion, up only $100 million from a year ago despite a strong recovery for the Russian economy that saw rival tycoons cash in big time. Steel magnate Vladimir Lisin captured the top spot once again with a $28.3 billion fortune, up from $18.8 billion last year. Mikhail Prokhorov, owner of the New Jersey Nets, makes the list at number two with $22.7 billion, while Alisher Usmanov, part-owner of Arsenal Football Club, clocks in at number three with $19.9 billion. In fourth place, edging out Abramovich, is another steel tycoon, Oleg Deripaska, with $19 billion. Meanwhile there are 37 newly-minted billionaires in Russia this year, bringing the total to 114 up from 77 in 2010.

Sting Hangs Out on Billionaire's Superyacht in Sydney

Filed under: Yachts & Sailing

Sting Hangs Out on Billionaire's Superyacht in Sydney
Gracefully aging pop star Sting was just spotted having fun with bikini-clad babes aboard a superyacht belonging to a billionaire pal in Sydney, Australia. The yacht in question, Z Sydney, is a $50 million Overmarine Mangusta 165, the world's largest open yacht, owned by media mogul James Packer. In December, Packer entertained Anne Hathaway and Jake Gyllenhaal on the yacht, while his old friend Tom Cruise regularly enjoys a trip on the vessel during his annual trips Down Under. The sleek craft can hit a top speed of 33 knots with its twin MTU 16V 4000 M93 engines producing 4,556 hp.

The interior of the yacht, first shown at the Salon Nautique in Cannes, features five staterooms and is finished in a luxurious, elegant combination of neutral fabrics and dark woodwork. The 165's interior includes an expansive main salon with cocktail tables, a long bar, and a surfeit of seating. Two pop-up, back-to-back flat-screen televisions face the main salon and the adjacent dining room. The craft's aft deck covers a garage that contains tenders and toys and opens hydraulically at the push of a button. The bikini-clad babes are extra.

Abramovich's 'Eclipse' Meets the 'A' in Anguilla

Filed under: Yachts & Sailing, Wealth

Abramovich's 'Eclipse' Meets the 'A' in Anguilla
Having had their fill of St. Barth's and the supermodels and celebs who converged on its posh purlieus for New Year's, Russian billionaires Roman Abramovich and Andrei Melnichenko have now decamped with their megayachts to Anguilla. Abramovich, who stopped off in Barbados en route, dominates the seascape in the Eclipse (above), his $500 million, 550-ft. behemoth built by Blohm + Voss, while Melnichenko makes do with his measly $300 million Philippe Starck-designed destroyer 'A'. Abramovich also brought the Luna along for the ride to Anguilla, the 377 ft. explorer yacht he purchased last year as a sort of support yacht for the Eclipse and lent to Madonna last summer. All three of the enormous vessels were anchored off Meads Bay, allowing their owners easy access to Anguilla's posh resorts including the Viceroy, Frangipani Beach Resort, Carimar Beach Club and Malliouhana Hotel and Spa.

Google Founder Larry Page Splashes Out on a New Superyacht

Filed under: Yachts & Sailing, Wealth


Google founder Larry Page has splashed out $45 million on a new superyacht with interiors by design genius Philippe Starck. The internet billionaire's new toy is the 194-ft. expedition superyacht Senses, purchased from New Zealand tycoon Sir Douglas Myers. The steel-hulled yacht was designed by Kusch Yachts and built back in 1999 at Germany's Schweers yard with a refit in 2010, and features accommodation for 10 guests and 14 crew over six decks. Split-level decks provide open and shaded sun lounging areas, secluded side pods, sheltered outdoor dining and informal seating areas. There's an airy and light gymnasium and a private beach club, complete with a Jacuzzi pool and vast sun beds, all with Starck's signature flair. The centerpiece of the vessel is a spacious owners' suite with dressing room which spans the full beam of the yacht. Senses also has a helipad and is equipped to carry a variety of toys and tenders. With twin 1,600 hp Deutz diesels she has a maximum speed of 15 knots, a cruising speed of 11 knots, and a range of 6,500 nautical miles at cruising speed.

[via JamesList]

Europe's Richest Man Building Scotland's Most Expensive Mansion

Filed under: Estates, Wealth


Indian steel magnate Lakshmi Mittal is building the most expensive mansion ever erected in Scotland, next to the famed Gleneagles golf resort in Auchterarder, Perthshire. The London-based tycoon, Europe's richest man and the fifth richest man in the world with a fortune of $28.7 billion, is spending a record $23 million on the posh estate, including the $6 million mansion he tore down to make way for his new luxury fortress. His lavish private palace in London is reckoned to be the city's most expensive as well. Costs on the Perthshire project soared after Mittal decided some of the finished weren't up to standard, Scotland's Daily Record reports.

At one point he demanded a $125,000 bathroom be torn out and done over. "We are all very aware that Lakshmi Mittal has bought the property and he has been very particular about the specifications," one neighbor told the paper. "He has flown in several times and I have spoken to his wife, who seemed very down to earth. I get the impression she is more likely to use the facilities up here than her husband. I think their priority is getting it perfect." The six-bedroom main residence will have furnishings by Ralph Lauren, a state-of-the-art entertainment system, two kitchens and staff quarters among other amenities.

Inside Abramovich's New $230 Million London Mega-Mansion

Filed under: Estates, Wealth, Architecture & Design


Russian oligarch Roman Abramovich has purchased all nine luxury apartments in two adjoining buildings in London's posh Knightsbridge neighborhood and plans to transform them into a mega-mansion at a total cost of about $230 million. He aims to turn the 30,000-sq.-ft. eight-bedroom buildings, a historic property located next to famed department store Harrods and designed by renowned master builder Thomas Cubitt, who also designed parts of Buckingham Palace, into a high-tech luxury fortress with five above-ground stories and three underground levels, the London Daily Mail reports. The paper has obtained a schematic of the plans, above; most of the cost of the project will go towards the renovations.

"He wants a very plush interior in the style of high neoclassical Victorian to match the exterior," an insider tells the paper. "He's going to be very hands-on and there will be nothing minimalist about his taste. Inside will be all cornices, thick pile carpeting and heavy drapery." The plans call for six bedrooms two guest rooms all with en suite baths; a multicar garage with staff accommodation in a mews behind the main building; a cinema / entertainment room; an indoor swimming pool; a steam room and sauna; and a children's study and entertainment room. Abramovich has been patiently acquiring the flats in the buildings since the late '90s, the paper reveals, and just recently closed on the last one.

Ukranian Billionaire Flys in Ducasse, Cirque du Soleil for $6 Million Birthday Bash

Filed under: Events, Wealth


Ukrainian billionaire Viktor Pinchuk (above) is spending more than $6 million on an opulent 50th birthday bash for himself in the posh French ski resort of Courchevel tonight, flying in the Cirque de Soleil and superchef Alain Ducasse for the occasion. The steel magnate and contemporary art collector, whose has an estimated fortune of over $3 billion, is sparing no expense for the 300 guests invited to the event, the London Telegraph reports. It has taken 50 workmen two weeks "under difficult climactic conditions" to set up an enormous marquee to showcase the Cirque du Soleil, the world-renowned Canadian circus troupe, the paper notes.

Ducasse's haute cuisine will be accompanied by oceans of the finest champagne, vodka and top grand cru vintage wines. The evening will end with a spectacular fireworks display before guests retire to the resort's 11 five-star hotels, all booked out for the occasion. Pinchuk, who owns one of London's most expensive houses, has his own private museum in Kiev housing major works by Damien Hirst, Jeff Koons and Louis Vuitton collaborator Takashi Murakami. He has a number of philanthropic projects and arts sponsorships in the works with the likes of Paul McCartney, Sir Elton John, Steven Spielberg, George Soros and Bill Clinton, all of whom could turn up at the birthday blowout.

World's Most Expensive iPad Case & More from Designer-to-the-Stars David August

Filed under: Gadgets, Celebrity Shopping, Men's Style


Back in August we reported that famed Italian luxury goods firm Tod's was offering the world's most expensive iPad case in genuine alligator for $4,900. Now David August, the California-based boutique luxury brand that creates bespoke wardrobes for the likes of Arnold Schwarzenegger, Sylvester Stallone, Will Smith, Robert Downey Jr. and various billionaires, has topped that with his new collection of exotic leather goods including an even pricier iPad sheath. Crafted of the world's finest alligator skin hand cut and stitched in Italy by a skilled family of artisans, the collection of five luxe pieces is available in both a glazed and matte finish in over 20 different colors.

The entire collection is priced at $37,800 with each piece also available individually. The five pieces include the iPad cover (above, center) for $6,900, a soft laptop attaché case for $12,900, a Dopp kit for $7,800, a watch holder for $7,800, and a change tray for $2,400. All items are made strictly to order with a 2–4 week delivery time and several personal customizing options are available as well. While far from the priciest item in the collection, the iPad case is nonetheless the world's most expensive cover for the trendy gadget, costing nearly 14 times as much as Apple's basic 16GB model itself.

[via JustLuxe]

Alleged Swindler Scammed Out of $800,000 by New York City Limo Driver

Filed under: Wealth, Celebrity Design, Crimes and Misdemeanors

Tony Chan Chun Chuen is allegedly swindled by New York Limo driver.
A New York City limo driver allegedly stole the credit card information belonging to a Hong Kong-based near billionaire and racked up nearly $800,000 in fraudulent charges, according to court documents filed in a Federal Court in Brooklyn.

Astonishingly, the victim is so wealthy, he wasn't even aware he had been defrauded of hundreds of thousands of dollars until it was brought to his attention by the company that had issued the charge card.

It all started when celebrity feng shui adviser, Chan Chun Chuen, also known as "Tony Chan" (seen above), traveled by private jet in July 2008 arriving at New Jersey's Teterboro Airport before being transported to Manhattan by Queens, N.Y.-based driver, Peter S. Rahhaoui. According to an indictment filed in U.S. District Court, Eastern District of New York, Rahhaoui later used Chan's American Express card to "receive payment and other things of value". The fraudulent activity allegedly occurred between August 2008 and November 2009 .

U.S. Secret Service Agent Kwame Davis testified that he had been contacted by a fraud investigator working on behalf of American Express who was investigating a pattern of fraudulent activity for a card issued to Chan Chun Chuen. According to Kwame's testimony, a large number of charges were posted on a monthly basis by A&S Limousine Service, for amounts ranging between $4,300 and $19,242. According to court documents, the total amount of these charges was $794,986.

But in a strange twist of events, the victim's own alleged misdoings are now being used as a defense by Rahhaouhi.

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