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World's Most Expensive Whisky to be Auctioned in November

Filed under: Spirits, Auctions, Charity


The world's most expensive bottle of whisky, a one-of-a-kind crystal Lalique decanter holding the oldest and rarest Macallan single malt ever (above), will be auctioned off by Sotheby's in New York on November 15 for an estimated $150,000 or more. The Macallan in Lalique Cire Perdue, which we previewed back in April, is filled with 64 years and older Macallan single malt Scotch, vatted together from three sherry seasoned Spanish oak casks. The famed Speyside distillery commissioned the legendary crystal artisan to create the decanter using the ancient "cire perdue" or "lost wax" method. Painstakingly hand crafted by Lalique exclusively for The Macallan, and inspired by the beauty of The Macallan's 150 hectare estate in north-eastern Scotland, it's based upon a ship's decanter of the 1820s. Proceeds from the historic sale will be donated to charity: water, a non-profit organization bringing clean and safe drinking water to people in developing nations.

[via JustLuxe]

UPDATE: Buyer of $308 Million Monaco Penthouse Was Dubai Royal

Filed under: Estates, Wealth


It seems we were not in full possession of the facts when we relayed a report the other day that the world's most expensive penthouse, the $308 million former Safra property in Monaco (above), may have been sold to Greek billionaire Constantine Alexander-Goulandris. While Alexander-Goulandris was indeed involved in the sale, an insider now tells us it was actually in an advisory capacity and that the real purchaser was a member of Dubai's royal family, the Al-Mahktoums, headed by the immensely wealthy Sheikh Mohammed bin Rashid Al-Maktoum. Though incredibly expensive the purchase is seen as a wise investment by the Al-Mahktoums, we're told. In the wake of Dubai's financial difficulties, which caused Sheikh Mohammed's personal fortune to plummet by $7.5 billion last year, the family has been advised to acquire more (and more stable) assets outside of the UAE rather than sinking it all into Dubai's volatile economy. Alexander-Goulandris, being a resident of Monaco and an intimate of the Al-Mahktoum family, strongly urged the purchase of the Safra penthouse for the sake of diversification. It's not a bad place to hang out in either.

$308 Million Monaco Penthouse Purchased by Abramovich Associate? [UPDATED]

Filed under: Estates, Wealth


A well-connected Luxist follower has written in to inform us of the identity of the buyer of the record-shattering $308 million Monaco penthouse (above) we just reported on. The new owner of the world's most expensive apartment we're told is Greek billionaire Constantine Alexander-Goulandris, a close friend and business associate of Russian oligarch Roman Abramovich. According to Wikipedia, the American-born Alexander-Goulandris, 47, who's based in Monaco, is an influential adviser to the Saudi royal family and the emirs of Qatar and Kuwait, as well as the leaders of the UAE and many of the world's largest oil companies.

In addition to Abramovich he's also close to Russian prime minister Vladimir Putin. Though not on Forbes' list of the world's richest people, he's said to be worth an estimated $15 billion thanks to investments in petroleum and energy shipping and real estate, including the Olympic Tower building in NYC. In addition to Monaco Alexander-Goulandris reportedly maintains residences in Paris, London, Antibes, New York and Hawaii. He also owns one of the largest yachts in the world, the Dubai-registered, 279-ft. Delma, and jets around on a Boeing 767 and two Gulfstream G550s.

UPDATE: The buyer was in fact a member of Dubai's royal family; Alexander-Goulandris acted as an adviser - read more here.

World's Most Expensive Penthouse Sells for $308 Million in Monaco

Filed under: Estates, Wealth


Barely a month after we reported that a London penthouse had sold for $220 million, making it the world's most expensive private residence, the record has been shattered with the $308 million sale of a palatial penthouse in Monaco (above). The Monaco property, called La Belle Epoque, has quite a history; formerly the home of billionaire banker Edmund Safra, it's where he was found dead following a mysterious fire that gutted the apartment in 1999. The three-bedroom, 17,500-sq-.ft. duplex penthouse, which includes a double-height library and vast roof terraces complete with mature 15-foot trees and an infinity pool, is thought to have been purchased by an Arab sheikh, the Economic Times reports.

The apartment's luxe features include
a panic room with reinforced glass and surveillance cameras, cinema screens which emerge from walls at the touch of a button, numerous walk-in wardrobes and dressing rooms, a leisure room with billiard tables and arcade video games, a Jacuzzi and spa, and a media room with special executive chairs which convert into beds. The penthouse was sold by British property developers Christian and Nick Candy, who acquired the space relatively cheaply following the fire from Lily Safra and hired designer Martin Kemp to oversee $40 million in renovations, including a dining room (above) with a platinum leaf ceiling.


Rare Book Could Set A Record For Most Expensive Book, Again

Filed under: Auctions, Art, Books


Deep-pocketed bibliophiles will have the chance to bid for the world's most expensive book this December. There are only around 100 copies of John James Audubon's massive "Birds of America." The book, which contains 435 hand-colored prints and is more than three feet tall, last sold for $8.8 million in 2000. Sotheby's estimates that the book of four volumes could reach 6 million pounds ($9.25 million) when it is auctioned off at Sotheby's London on December 7, 2010. The sale will also feature a first folio of Shakespeare's plays dating back to 1623 which could bring in at least one million pounds ($1.54 million). These two amazing books come from the same collection, the estate of the 2nd Baron Hesketh, an aristocratic book collector who died way back in 1955.

The Classicist: Movie Star Style at the Beverly Wilshire's New $25,000-Per-Night Penthouse

Filed under: Decor, Luxury Travel & Hotels, The Classicist, Architecture & Design


Following a recently completed $40 million facelift, Beverly Wilshire, A Four Seasons Hotel has just unveiled its newly renovated Penthouse and Presidential Suite for the ultimate in movie star style. The Penthouse, beginning at $25,000 per night, is the largest hotel suite in Los Angeles and now one of the world's most expensive as well. L.A.-based architectural firm Barry Design Associates transformed the historic suites into modern, sophisticated spaces. They even throw in a Porsche. The Beverly Wilshire is a true piece of Hollywood history; the Italian Renaissance-style stone and marble building was completed in 1928 when the city had fewer than 18,000 residents, and its grand suites have played host to many of movieland's most famous faces over the decades.

The three-bedroom Penthouse offers guests 5,000 square feet of space. Positioned on the private top floor of the hotel's Beverly Wing it features floor-to-ceiling windows, high ceilings and a wrap around balcony with sweeping views of downtown L.A. and the Hollywood Hills. An entry way welcomes guests with marble mosaic flooring and Swarovski crystal chandeliers, while a dining room offers seating for 12 people adjacent to a state-of-the-art designer kitchen with Michelangelo marble countertops and Miele appliances. The elegant master bedroom is highlighted by an antique mirror and silver leaf detailed bed frame along with huge walk-in closet finished in stained oak. The master bath is fitted with glass tiles, exotic stones, a marble soaking tub, dual steam and rain shower contains a light and music system. There's also a media room for private screenings of your latest blockbuster.


The two-bedroom Presidential Suite offers 4,000 square feet of space, entered through a spectacular grand foyer (above) with Corinthian columns and intricate crown molding designed when the Hotel first opened over 80 years ago. Located on the eighth floor of the hotel's original Wilshire Wing, it features sweeping views of the Hollywood Hills and has been graced by numerous celebrities, legends and dignitaries over the years. The suite comes complete with its own living room and library as well, while the master bath is fitted with a soaking tub, steam shower for two and integrated televisions in the mirrors above the black lacquer vanity counters. [continued]

Abramovich's Gigayacht 'Eclipse' Not as Big as He Claims?

Filed under: Yachts & Sailing, Wealth


Has Russian billionaire Roman Abramovich been exaggerating the size of his gigayacht Eclipse (above), billed as the world's largest and most expensive privately owned yacht? Judging by Camper & Nicholsons' newly-released Super Yachting Index that would seem to be the case. C&N, the leading international yacht broker established in 1782, lists the world's largest yachts among other data in its much-anticipated report. According to their rigorously fact-checked figures, Abramovich's behemoth built by Blohm + Voss is still the world's largest yacht – but only by a hair. C&N states that it measures only 533 ft., a whopping 24 ft. shorter than the figure in general circulation. That means Sheikh Mohammed Bin Rashid Al-Maktoum's Dubai at 531.5 ft., which held the World's Largest title until the Eclipse was constructed, is only 18 inches shorter. And since the Dubai ruler basically owns his own shipyard now – the U.A.E.'s Platinum Yachts, where the Dubai was finished – it wouldn't take much for him to have it refitted with an extra few feet of metal to put Abramovich firmly in his place. We expect he'll see to it straight away – meanwhile, Abramovich should consider changing his yacht's name to something a little more humble, like Obstruction.

[via JamesList]

New $9.6 Million Aston Martin is World's Most Expensive Car

Filed under: Luxury Cars & Autos, Wealth


For a whopping $9.6 million you can now order the world's most expensive limited edition supercar, the Aston Martin Super Sport. Only eight examples will be built, each in a different color including red, yellow, silver, black and sky blue, for collectors worldwide. The incredibly costly vehicles are being offered by Star Electric Cars France (SECF), designer of coachbuilt specialty vehicles including Rolls-Royce golf carts and the like for rock stars, royalty and people with way too much money. A sort of souped-up version of the Aston Martin One-77, yet far more exclusive, the mid-engine engined hypercar is powered by a twin-turbo 5.4 liter V8 engine producing around 900 hp. It features carbon fiber bodywork, gullwing doors, carbon ceramic brakes and a leather, Alcantara and carbon fiber interior. While it may just seem like a hyperbolic concept, rest assured that if your check for $9.6 million clears SECF will actually build you one of these things.

World's Most Expensive Porsche Sells for $4 Million in Monterey

Filed under: Luxury Cars & Autos, Auctions


A rare 1970s Porsche racecar just fetched $4 million at Bonhams' sale in Monterey, setting a new world record for the most expensive Porsche ever sold at auction. The stunning and historic car, the ex-Jurgen Neuhaus/Jurgen Barth 1972-73 European Interserie and David Hobbs/Mike Hailwood Gulf-JW Automotive team 1972-73 Porsche 917 Interserie Spyder, neé 1970 Gulf-JWA Le Mans 917K Coupe (above), was hammered down after fierce bidding. The car is similar to the famed model driven by Steve McQueen in Le Mans. Many other strong prices were attained for Bonhams' rarest offerings, including a 1930 Mercedes-Benz 7.1 Liter SS Tourer for $2.5 million, and the ex-works, Gerhard Mitter/Lucien Bianchi Nurburgring 1000 kms-leading 1967 Porsche 910 Endurance Racing Works Coupe for $800,000. Earlier we reported on the nine Ferraris which each fetched over $1 million at RM Auctions' own Monterey sale.

$220 Million London Penthouse Now World's Most Expensive

Filed under: Estates, Real Estate Developments, Wealth


A six-bedroom penthouse at London's posh One Hyde Park development (above) has just sold for a record-breaking £140 million, or about $220 million, making it the most expensive piece of residential real estate in the world (in terms of current listings and sales). The massive deal eclipses the paltry $150 million asking price for The Manor, Candy Spelling's monstrous mansion in Holmby Hills, California, previous holder of the World's Most Expensive title. While the identity of the buyer remains a closely-guarded secret, speculation is centering on oligarchs and oil sheikhs, the London Telegraph reports. The palatial penthouse stretches across two floors and boasts bullet-proof windows, a panic room and stunning views across the Serpentine lake in Hyde Park.

The new owners will also have access to 24-hour room service from the neighboring Mandarin Oriental hotel, spas, squash courts a private wine-tasting facility and protection from security guards who are former members of the SAS, the UK's elite special forces unit. One Hyde Park, which boasts 86 properties starting at around £20 million, is comprised of four hexagonal tower blocks due to be completed by December. Back in 2008 when the project was in its infancy my colleague Deirdre Woollard reported that Sheikh Hamad, the foreign minister of Qatar, had agreed to purchase an apartment there for a rumored £100 million, or around $196 million. More recently we revealed that British supercar maker McLaren will open a luxe new showroom in the development as well. Take a look at the images after the jump.

World's Most Expensive Car Goes on Display

Filed under: Luxury Cars & Autos


Back in May we reported on the ultra rare 1936 Bugatti Type 57SC Atlantic that set a new record as the world's most expensive car when it changed hands in a private transaction valued at close to $40 million. Now the incredibly valuable vehicle is going on display at California's Mullin Automotive Museum, an institution that celebrates the Art Deco and Streamline eras, adding fuel to insider speculation that the museum's founder, financier, philanthropist and Bugatti boffin Peter Mullin, was the purchaser. The car, which has seldom been seen publicly, will go on display August 3rd. "I am honored to have the opportunity to display the Bugatti Atlantic at our Art Deco museum," Mullin says. "The Art Deco Movement was driven by people who were fascinated by invention and innovation – by the exotic nature of new technology and materials, by art and design, by speed and by the machine – no automobile captures this spirit more than the Bugatti Atlantic. In the historic pantheon of automobiles the Atlantic is without peer."

The World's Most Expensive Sports Bra

Filed under: Apparel, Jewelry

trenta braSports bras don't usually get a lot of attention. As long as they fulfill their intended function most people don't require a lot from them aesthetically. But the Trenta bra changes all that. Kelly Dooley, the creator of BodyRock Sport, a line of functional and trendy sportswear has collaborated with jewelry designer Joseph Knight of Knight & Hammer on this unique bra. The sports bra has a detachable sterling silver charm bracelet and necklace that is fastened to a BodyRock Sport bra in black spandex and gunmetal burnout fabric. The detachable jewelry can be worn separately. The bra also has a v-shaped, black diamond Swarovski crystal neckline. The Trenta bra is part of the "Show 'Em Off" collection, which have a slim pocket in the back and pewter distressed fabric used on the sides of the bra to add both ventilation and flair. At $1,850, the Trenta bra is the most expensive sports bra currently on the market.

The Classicist: Rash of New World Records Says "The Rich Are Back"

Filed under: Estates, Timepieces / Watches, Luxury Cars & Autos, Auctions, Art, The Classicist, Wealth


Following an incredible number of record-breaking sales of some of the world's most expensive items, from cars to art to watches, diamonds and estates, that have taken place just in the past two weeks, we are hereby making an official declaration: The Rich Are Back. While the economic recovery has been slow to materialize in some quarters, those with the money to make multimillion-dollar purchases are suddenly not shy about dropping the coin. The megabucks deals mean an optimistic outlook has finally taken a firm hold, and the wealthy no longer feel the need to pinch their pennies in the fear that more hard times could be lurking right around the corner. We say it's about time too.

In one hectic twelve-day period, from May 3 to May 14, we saw the record-breaking sales of a $106 million Picasso painting; a $50 million mansion in Bel-Air; a $46 million ranch in Colorado; a $40 million Bugatti; a $32 million Warhol self-portrait; a $26 million Jasper Johns painting; an $18 million Ferrari; an $8 million blue diamond; and a $5 million Patek Philippe chronograph – about $330 million worth of the world's most expensive possessions. The astonishing sales have given an immediate boost to the art, classic cars, real estate and collector's timepieces markets, many of which faltered in the wake of the economic downturn, losing billions of dollars in value. Here's a rundown of the nine history-making deals as they unfolded over the twelve-day whirlwind of wealth disbursement; see the gallery for images:

Robb Report Offers the World's Most Expensive Xmas Gift for $500 Million

Filed under: Yachts & Sailing, Wings, Wealth


Looking for a really unforgettable Christmas present for that special someone this year? That glossy chronicle of the filthy rich Robb Report has just the thing - a matching custom private jet and megayacht set costing $500 million. The eye-popping present, the world's most expensive, is part of the profligate publication's Ultimate Gift Guide, a seasonal offering of over-the-top exclusives. The recipient will receive an Airbus A380 (above), the world's largest jumbo jet, and a bespoke megayacht, both customized by renowned designer Patrick Knowles. The interiors will complement each other creating what Knowles calls a "custom personal brand" for the lucky owner. There's one catch - considering the backlog on A380 deliveries and the time required to design and build a custom megayacht, the giftee will have to wait at least six years to get their hands on the toys.

$650 Million Price Cut on Villa Leopolda? (Updated)

Filed under: Estates, Wealth


Villa Leopolda on the Cote D'Azure (above), once the world's most expensive estate with a $750 million pricetag, is apparently back on the market with an astonishing $650 million price cut, a new world record. The 11-bedroom, 14-bathroom mansion has 29,000 square feet of interior space that opens to manicured lawns and a swimming pool. The spiraling outdoor staircases, balconies and terraces have waterfront views and of the surrounding hillsides. Working fireplaces, a sauna, outdoor kitchen and pool house are other features. As we noted back in February, Russia's richest man Mikhail Prokhorov had reportedly agreed to purchase the Villa for $750 million but later backed out of the deal, forfeiting a $55 million deposit. In May we reported that the recession had caused the estate's value to plunge significantly. Owner Lilly Safra did not re-list the property right away, but according to Forbes the Villa is now available for $102 million. The magazine now places it as the 4th most expensive estate in the world, behind No. 1, the Spelling Manor at $150 million; No. 2, Fleur De Lys at $125 million; and No. 3, Updown Court at $117 million.

UPDATE: Leopolda's owner Lily Safra now says the Forbes report was "pure fantasy". "The residence is not being sold and was never offered for sale," Safra's rep Seth Goldschlager insists. Forbes has now removed Leopolda from its list of the world's most expensive estates. Albemarle House in Charlottesville, Va., listed at $100 million, is now the 4th most expensive estate in the world according to the magazine, behind No. 1, the Spelling Manor at $150 million; No. 2, Fleur De Lys at $125 million; and No. 3, Updown Court at $117 million.

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