flavio briatore

Flavio Briatore to Open "Billionaire's Square" in Dubai

Filed under: Luxury Travel & Hotels, Real Estate Developments, Wealth

Italian playboy Flavio Briatore, (above, with his much younger lingerie model wife Elisabetta), has signed a deal to open a new Billionaire's Square complex in Dubai catering to those with unapologetically extravagant tastes. Building on the success of Briatore's Billionaire club for the super-rich on Sardinia's swank Costa Smeralda, the $150 million Billionaire's Square development will be constructed on the site of Dubai Media City's Palladium entertainment venue. The complex will include a boutique luxury hotel, a Billionaire Bar and Grill along with several other restaurants and bars, a VIP fitness club and a boutique selling items from Briatore's ostentatious Billionaire Couture line, maker of items like a $50,000 crocodile skin umbrella. The project is expected to be completed by the end of 2011. As my colleague Deirdre Woollard reported last year, Briatore's colorful career as a Formula 1 impresario linked to supermodels like Heidi Klum and Naomi Campbell came to an end in the wake of a race fixing scandal.

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Tags: billionaire, Dubai, Flavio Briatore, Formula 1, luxury hotels, playboy, Sardinia, UAE, wealth

Sunday Real Estate Round-Up, 04/11/10

by Deidre Woollard (RSS feed) —

Filed under: Estates, Celebrity Shopping

From the Wall Street Journal's Private Properties:
--Diane Keaton has relisted her Beverly Hills home for $10.95 million. The seven-bedroom was listed at $12.95 million last year but it was taken off the market. The listing is here.
--Twitter co-founder Evan Williams has sold his penthouse loft in San Francisco for $1.25 million. It was listed at $1.498 million when we checked it out last year. The couple bought a four-bedroom home plus guest house in San Francisco's Noe Valley last year for $2.4 million.

Gallery: Evan Williams In San Francisco

-Philanthropist Carroll Petrie has listed her Palm Beach estate for $10.6 million. The listing for the estate known as Elephant Walk is here.

From the NY Post:
--Flavio Briatore is selling his One Beacon Court penthouse for $18 million. It was listed at $25 million when it was our estate of the day.

Gallery: Flavio Briatore in NYC

--Actress Jennifer Esposito,has sold her one of her two Greenwich Village apartments for $700,000. She had listed both units for $1.435 million but is holding on to one of them.

Gallery: Jennifer Esposito In New York City

From the LA Times Hot Properties:
--A Bel-Air estate built in 1932 and designed by architect Gerard Colcord has sold for $10.5 million. The home, which was once owned by actor Bob Newhart and soap star Deidre Hall was previously listed at $12.95 million.
--Actor Dylan McDermott is moving his production company into a 2,200-square-foot loft at Dogtown Station in Venice.
--Former Los Angeles Police Department Chief William Bratton and his wife, Rikki Klieman, have sold their home in the Los Feliz area of Los Angeles for $1.4 million.
Director-producer Marcos Siega and his wife, Lisa, have listed their Sunset Strip-area home for $1.985 million. The listing is here.
--Actor Robert Conrad and his wife, LaVelda, have sold their equestrian property in Thousand Oaks for $1.955 million.

From the NY Observer:
--Comedy Central president Michele Ganeless has picked up a four-bedroom condo at the Harrison for $4,448,979.
--Weight Watchers International chairman Raymond Debbane paid $5.95 million for a six-room apartment at 515 Park Avenue.

From Newsday's Real LI:
--The Hamptons oceanfront mansion of ad man and restaurateur Jerry Della Femina and his wife, fashion columnist Judy Licht, is on the market for $40 million. The listing for the home is with Susan Breitenbach of The Corcoran Group.
--Real estate developer Andrew Farkas' Southampton compound, Hitwood, is on the market for $9.995 million. The listing is here.

From the Real Estalker:
--The beautiful Paris home of American financier John Gutfreund and his couture-loving wife Susan is on the market. The listing is here.
--Miley Cyrus has bought a home in Toluca Lake, California for $3.4 million.

From the NY Times Big Deal:
--A triplex at the top of 898 Park Avenue is listed for $15 million. The owners are James and Manuela Goren who are looking to sell the four-bedroom apartment and buy a smaller pied-à-terre.
--A modernist home on Shelter Island that belongs to designer and film producer Stuart Parr is listed for $8.95 million.
--Jeanne Moutossamy-Ashe, a photographer and the widow of the tennis player Arthur Ashe, recently sold a three-bedroom duplex on the Upper East Side for $2.125 million.

Tags: andrew farkas, caroll petrie, celebrity real estate, diane keaton, evan williams, flavio briatore, jennifer esposito, jerry della femina, joey fatone, leeza gibbons, marcos siega, michele ganeless, miley cyrus, robert conrad

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Flavio Briatore Seeks His Day in Court

by Noah Joseph (RSS feed) —

Filed under: Sports, Crimes and Misdemeanors

It's hard to feel bad for Flavio Briatore. The billionaire playboy is credited with expanding the Benetton empire around the world, and then went on to manage its Formula One racing team. When French automaker Renault bought the team, he became team principal, taking on a public role within the glamorous sport. Along the way he also started a handful of other racing series, acquired an English football club, opened luxurious resorts around the world under the Billionaire brand and proceeded to date some of the most glamorous models and actresses on the world stage, fathering a child with none other than Heidi Klum. But his career came to a grinding halt last year with the so-called "crash-gate" affair.

According to accusations, Briatore ordered his driver Nelson Piquet Jr to crash in the 2008 Singapore Grand Prix, helping his team-mate Fernandlo Alonso win the race. Briatore was both boss and manager to both drivers, and when Piquet blew the whistle, Flavio was kicked out of the sport by the Federation Internationale de l'Automobile, the international governing body that supervises the sport.

Briatore has since won an appeal against the FIA in French courts, but says he'll never manage another F1 team again. Instead, he's suing the FIA again for damages caused to his reputation and to his driver management business. He may be cleared to race again, but Briatore's out for blood.

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Tags: billionaire, briatore, crash gate, CrashGate, f1, federation internationale de lautomobile, FederationInternationaleDeLautomobile, fia, flavio briatore, FlavioBriatore, formula 1, formula one, Formula1, FormulaOne, renault, renault f1, RenaultF1

An Italian Billionaire's Kenyan Retreat

by Deidre Woollard (RSS feed) —

Filed under: Luxury Travel & Hotels

For the most part Kenya isn't seen as the spot for a luxurious seaside retreat but billionaire Flavio Briatore might be changing all that. Briatore and his wife were recently in Malindi, Kenya and Briatore owns a resort in the area, Lion in the Sun. The resort was once Briatore's private retreat but it is now a hotel that includes the ThalaSpa Henri Chenot which offers spa treatments and a biolight diet for those looking to drop a few pounds. Rates start around 300 euros a night.

Briatore has been going to Malindi for years and is bullish on the future of the area as a playground for the world's elite. Briatore has a lot invested in the area and seems to also take an interest in the local citizenry. He has donated food and other items to the poor in the area (a NY Times story from 2008 had Briatore strolling down the beach handing out money). He believes that the area is now safe and that is most important for his luxury-loving guests. Certainly the pictures of Briatore and his pregnant wife Elisabetta Gregoraci enjoying a warm weather winter holiday won't be bad for business.

Tags: flavio briatore, FlavioBriatore, kenya, malindi

Flavio Briatore's Race-Fixing Scandal

by Deidre Woollard (RSS feed) —

Filed under: Luxury Cars & Autos, Crimes and Misdemeanors

Millionaire playboy and Formula One head Flavio Briatore is the center of major controversy today. Briatore, famous as much for his freespending and modelizing ways as his racing career, has stepped down as the head of the Renault team. Briatore told the Daily Mirror that he made the move for the good of the team amid allegations of race-fixing. Both Briatore and the team's executive director of engineering, Pat Symonds, left their posts after Renault refused to contest allegations that former Renault driver Nelson Piquet Jr. was asked to deliberately crash in last year's Singapore Grand Prix. His crash benefitted the team's other driver Fernando Alonso who went on to win the race.

Members of the Renault team are set to appear before the International Automobile Federation (FIA) in Paris on Monday and face the possibility of being expelled from competition. Now that Briatore and Symonds are no longer part of the team Renault may not be banned but will likely face a fine or some other action. Piquet has already testified that he was told by Briatore and Symonds when and where to crash .According to CNN, Renault's chief operating officer Patrick Peralta has said that Briatore and Symonds are solely responsible for the incident.

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Tags: flavio briatore, FlavioBriatore, formula one, FormulaOne, renault

Flavio Briatore's NYC Penthouse, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates, Celebrity Shopping

You many never have heard of Flavio Briatore but you've probably heard of some of his ex-girlfriends including Heidi Klum and Naomi Campbell. Briatore, who married Wonderbra model Elisabetta Gregoraci last year, is the managing director of the Renault Formula 1 team and a businessman with various interests including the Billionaire club in Sardinia.

Briatore bought his penthouse at One Beacon Court in New York City in 2005 for a reported $11 million sum. Even though he once said he only spends two weeks in Manhattan a year, he picked up a place at the Plaza for a reported $25 million. That number, coincidentally, is what he's asking for the One Beacon Court penthouse, which the NY Times says has been on the market since last September. His penthouse has four bedrooms and 13-foot ceilings. The listing says the decor was done by Alberto Pinto and features "the most powerful master bedroom seen in years." I wouldn't go quite that far but is is rather lovely. The penthouse has two guest rooms and staff quarters and city views that have probably seduced many a long-legged lass.

Cityfile reports you can rent Briatore's Plaza apartment for $65,000 a month.

Experience more lush living in luxury homes and mansions or see the stars living large with celebrity homes galleries at AOL Real Estate.

Gallery: Flavio Briatore in NYC

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Tags: estate of the day, EstateOfTheDay, flavio briatore, FlavioBriatore, new york city, NewYorkCity, one beacon court, OneBeaconCourt

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World's Most Expensive Umbrella is $50,000

by Jared Paul Stern (RSS feed) —

Filed under: Men's Style

This past summer we wrote about the battle over Sardinia's famed Billionaire club, which some felt was overly ostentatious in these straitened times. The club's owner, playboy Formula One mogul Flavio Briatore, blasted the criticism, defending the rich's right to luxury. Obviously Briatore has the courage of his convictions; his ultra-high end men's clothing line, Billionaire Couture, has just come out with the world's most expensive umbrella.

Made entirely of crocodile skin, the ultra-luxe umbrella (above) is available by special order for $50,000 from Billionaire Couture's London boutique. The brand, which is worn by the likes of Paul McCartney, David Beckham and Sean "Diddy" Combs, is founded on "a relentless search for original details that express quality, sophistication and eccentricity [that] at times goes intentionally overboard." We'd say a $50,000 umbrella falls into that latter category.

Gallery: Billionaire Couture

Tags: Billionaire Club, Billionaire Couture, BillionaireClub, BillionaireCouture, Crocodile, Flavio Briatore, FlavioBriatore, Sardinia, Umbrella

The Battle Over Sardinia's Famed Billionaire Club

by Jared Paul Stern (RSS feed) —

Filed under: Luxury Travel & Hotels

One of the investors in Billionaire, the famed club for the megarich on Sardinia's swank Emerald Coast, says the club should be shuttered because of the current economic climate. Billionaire, a favored haunt of tycoons who come to frolic with the likes of Dolce & Gabbana, Kate Moss and Sean Combs, is controlled by rakish Formula 1 mogul Flavio Briatore (above), but Italian entrepreneur and politician Daniela Santanchè has a 10% stake.

Santanchè says that the ultra-exclusive club, where methuselahs of Cristal go for $50,000 a pop, is an offensive relic of a more wasteful age, the London Guardian reports. "With people struggling to get by, Billionaire should be consigned to history," Santanchè says. "I myself have put my Aston Martin in the garage and get around in a Fiat 500."

"Daniela has been in the sun too long," Briatore, who has dated the likes of Naomi Campbell and Heidi Klum, fired back. "What she's saying is absurd. If luxury is suddenly a problem let's close Bulgari and Cartier, or even all the discos, restaurants and the whole of the Emerald Coast." That may not be necessary, in any case. The New York Times recently reported that the hotspot has lost a lot of its exclusivity lately and that some recent visitors aren't even millionaires, let alone billionaires.

Tags: Aston Martin, AstonMartin, Billionaire, Billionaire Club, BillionaireClub, Cristal, Daniela Santanch, DanielaSantanch, Emerald Coast, EmeraldCoast, Flavio Briatore, FlavioBriatore, Formula 1, Formula1, Italy, Kate Moss, KateMoss, Naomi Campbell, NaomiCampbell, Sardinia

Flavio Briatore Protests Billionaire Style

by Deidre Woollard (RSS feed) —

Filed under: Celebrity Shopping

Where do would you go to fight a yacht tax? How about a nightclub called Billionaire. The club, owned by serial modelizer and Formula One manager Flavio Briatore, was the setting for a new debate in Sardinia. Briatore is protesting new taxes for the megarich yacht owners who flock to Sardinia's ports. New laws charge owners of megayachts for port usage, charge fees on larger private planes each time they land and levy large taxes on those with large second homes on the island. According to the Independent, Briatore has has taken out full-page newspaper advertisements and hosted a party at Billionaire for objectors to the new rules. Briatore says that the wealthy bring money and to the island and should not be charged these fees but the locals feel that the fees are necessary to help preserve the unique character of this gorgeous place.

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Tags: billionaire, flavio briatore, FlavioBriatore, italy, sardinia