Mystery Solved: Saudi Prince Is Buyer Of $450M DaVinci Painting (photo)

Why would he pay so much for a painting of Christ. The answer is in the asset value. The mystery over who paid a record-breaking $450 million for Leonardo da Vinci's painting Salvator Mundi at an auction last month appears to have been solved. It turns out it's Saudi Arabia's crown prince Mohammed bin Salman. That's according[...]

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Luxury Brand Louis Vuitton Owner- Bernard Arnault becomes the 3rd person worth over $100 billion, along with Bezos and Gates

LVMH billionaire Bernard Arnault's fortune has crossed the $100 billion threshold to reach $100.4 billion, an increase of nearly $32 billion this year, according to Bloomberg. That's the largest net worth bump seen by anyone on the 500-member Bloomberg Billionaires Index this year. The boost comes in part from increased demand for Louis Vuitton handbags and Hennessy cognac[...]

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Cristiano Ronaldo ‘buys world’s most expensive car’ a £9.5m one-off Bugatti La Voiture Noire (Photos)

Juventus striker, Cristiano Ronaldo, has reportedly bought one-off Bugatti La Voiture Noire, which is reported to be the world's most expensive car ever built. Reports suggest Ronaldo has spent €11million (£9.49million) on the unique Bugatti which was first presented to the world at the Geneva Motor Show 2019. Spanish sports paper Marca reports that the new owner is Cristiano Ronaldo,[...]

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UAE imported $910m worth of Swiss watches in 2018

The UAE has ranked first among Arab countries and 10th globally on a list of countries importing luxury Swiss watches in 2018. The volume of UAE imports amounted to 910.4 million Swiss francs (AED3.36 billion; $910 million), with an annual growth rate of 1.7 percent compared to 2017, according to the Federation of the Swiss[...]

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Watchmaker Patek Philippe Set to sell franchise for almost $10Bn

Swiss Luxury watch maker Phillip Patek may be coming up for sale, according to analysts at Berenberg who cited industry talk. The 180-year-old Swiss watchmaker could fetch 7 billion to 9 billion euros ($8 billion to $10 billion), analysts led by Zuzanna Pusz wrote in a note. Patek Philippe has been owned by the Stern[...]

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‘I don’t own a car, but I buy cars for people’ – Mr Eazi

Mr Eazi  in a recent interview revealed that he does not own a car.   In his explanation, he stated that he preferred using Uber as against buying an expensive car that he won't really drive. “If your self-esteem is based on how much you have in your bank account, then you have a serious self-esteem[...]

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Rihanna to launch her own luxury fashion label

Pop idol Rihanna is preparing to launch her own luxury brand with the world’s biggest fashion conglomerate, according to reports Thursday. The Barbados-born superstar, who already has her own highly successful Fenty sportswear label, is in secret talks with the French giant LVMH, according to Women’s Wear Daily. The industry bible said the group, which[...]

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Banker’s wife who blew £16m in Harrods has £1.1m Cartier ring seized in Britain’s first ‘McMafia’ case targeting unexplained wealth

The wife of a disgraced former boss of Azerbaijan's biggest bank, who was subject to the UK's first Unexplained Wealth Order when she spent £16million in Harrod's, has had a £1.1million diamond ring seized by the National Crime Agency.   The 8.9-carat Cartier piece, originally bought by banker Jahangir Hajiyev, has been confiscated by investigators as[...]

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David Beckham’s Sister goes Broke and Cash-Strapped, forced to sell personal possessions online- Even though Beckham is worth £339Mn- photos

David Beckham's 'cash-strapped' sister Lynne has been forced to sell her belongings online, despite brand Beckham being worth around £339m. The Sun reports that former receptionist Lynne, 47, has been selling used children's clothes on Facebook for around £2, as well as old football boots, baby blankets and patio slabs.  The news comes after it was[...]

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