8 Luxury Vacations of the Super Rich. Today marks the first day of fall, goodbye summer, and in some ways signals the end of the unofficial vacation season.
Daydreaming of escaping it all got us to wondering, “Where do the uber rich go when they want a lavish getaway?” When it comes to creating a great vacation, many factors play a role, from the location itself, to the staff, and the surroundings. Those who are rich because they sold a great piece of software they developed or because they are simply a fabulously wealthy business person can teach the rest of us what it is like to vacation with the very best of everything. If you are rich and can afford just about anything for a vacation, where do you go and what do you do? Look at what these celebrities do when they want to get away and money is not a question. 1. 2. 3. 4. 5. 6. 7. Welcome to Forbes. Bill Gates (BillGates) News - Bill Gates regains top spot as world's richest person. 3 March 2014Last updated at 08:28 ET Bill Gates' total net worth was estimated at $76bn this year Microsoft founder Bill Gates has regained the top spot as the world's richest person, according to Forbes magazine's annual ranking of global billionaires.
Mr Gates' total net worth was estimated at $76bn (£45.5bn) this year, up from $67bn in 2013. His rise in wealth knocked Mexican telecoms tycoon Carlos Slim off the top spot into second place. In total, there were a record 1,645 billionaires, according to Forbes. The funds needed to make it into the top 20 ranking are now $31bn, up from $23bn last year, Forbes said. Mr Gates has been top of the list for 15 of the last 20 years, according to Forbes. Technology firms featured heavily in the list, with Facebook founder Mark Zuckerberg becoming the biggest gainer in net worth.
His fortune more than doubled to $28.5bn, boosted by a sharp rise in the price of the social network's shares. US continues to dominate. Luxury Yacht. Luxury quote. Luxury quote. Luxury brands like Hermes, Gucci & others to take on faster growing fakes in India. Vijaya Rathore, ET Bureau Aug 28, 2013, 07.07AM IST (Popular brands such as Gucci,…) NEW DELHI: French luxury house Hermes and Indian leather goods retailer Da Milano are locked in a legal battle over the similarity of some of the latter's handbags to Hermes' Birkin range.
Hermes has got an injunction order from the Delhi High Court to stop Da Milano from selling handbags "identical in shape and design" to the popular Birkin range. The Indian firm has, however, denied the charge and sought vacation of the ex parte order of injunction. Its lawyer claims there is no similarity between its handbag, priced at Rs 10,000, and Birkin, priced upwards of Rs 6.5 lakh, and that Hermes initiated the action out of "business jealousy and rivalry". Whoever proves right in this case, the bigger picture is that counterfeit, fake and imitation luxury products are increasingly bothering the likes of Hermes, Louis Vuitton (LV), Dior, Gucci and Burberry in the country.
Luxury brands infographic. Branded bags & accessories. Chanel infographic. Super rich shift their thrills from luxury goods to costly experiences. They say money can't buy happiness but the world's super rich are still giving it their best shot, spending $1.8tn (£1.1tn)last year on luxury goods and services – with extreme holidays, gourmet dining and art auctions emerging as the status symbols du jour.
Whether that means spending a record $142m on a Francis Bacon triptych or diving with sharks, the rich are increasingly hunting for unique objects and experiences, sometimes laced with the thrill of danger, a study reveals. Perhaps jaded by regular visits to plush boutiques in Hong Kong's Causeway Bay or Paris's Champs-Élysées, the world's millionaires are increasingly preoccupied with spending on the kind of things that money – usually – can't buy, said the report by the Boston Consulting Group. "Luxury is shifting rapidly from 'having' to 'being' – that is, consumers are moving from owning a luxury product to experiencing a luxury," said BCG senior partner Antonella Mei-Pochtler.
Soaring Luxury-Goods Prices Test Wealthy's Will to Pay. $100 Million Mansion - Worlds Most Expensive 4 Bedroom Home. Mansion. Top 15 luxury items at Harrods. The numbers of shopaholics who can shop till they drop are increasing at a supersonic pace.
According to a new study by Bain & Co., a possible amount of $275 billion has been spent on luxury goods in 2011. This implies an 8 percent growth from last year’s figure of $255 billion. It is expected that the market of luxury goods would keep on expanding as people who believe in retail therapy will keep splurging lavishly on expensive goods. Luxury departmental stores across the world are growing and the trend will only continue. While Milan and New York have no competitors in fashion, London tops the list when the discussion is about the luxurious stores. London is a shopper’s paradise, offering all from world-famous department stores, to original street stalls to every collectible item you can ever think of.