Worldcrunch
While billionaire Jeff Bezos turns Venice into a vanity set, the Prado museum in Madrid is currently featuring a major exposition of legendary Venetian painter Paolo Veronese. What was true in the Renaissance is almost true today: Art, power and decadence intertwine in the city that learned to live from its own sinking.
Former One Direction member Liam Payne, who died last after falling from a hotel balcony in Buenos Aires, reportedly had “pink cocaine” in his system. Also known as “Tuci,” this “designer drug” has been spreading in Latin America and globally over the past decade.
Updated August 30, 2024 at 11:20 a.m. American business magnate Warren Buffet was born on this day in 1930. Who is Warren Buffet? Warren Buffett is an American business magnate, investor, and philanthropist. He is the chairman and CEO of Berkshire Hathaway, a multinational conglomerate holding company. Buffett is often regarded as one of the […]
Faced with a $32 billion drop in their wealth this year, Russian oligarchs are looking for assets to allow them to overcome sanctions that will increase with the invasion of Ukraine. Familiar with crises, they see bitcoin and other cryptocurrencies as an escape from the hegemony of the dollar, and a way to diversify their holdings.
The super rich are buying residency papers and passports from places like Cyprus and Vanuatu to be able to travel — despite quarantines — for health reasons, business or pleasure.
To mitigate the high economic costs of the pandemic, it’s time to demand greater contributions from those who can afford to pay.
A closer reading of the Pope’s recent treatise that challenges the way contemporary culture sees poverty in society.
Gstaad is home to one of the largest ski areas in the Alps. The breathtaking mountainous views — not to mention Switzerland“s advantageous fiscal regime — draw in the rich and famous from around the world.
Rich families from Guangzhou or Beijing are flocking to the new Asian “villages” of the famous French vacation brand. Activities include mahjong and karaoke but the beloved GOs (Genteel Organizers) are still here.
TEHRAN — Sanctions or not, there are some very rich people in Iran — often engaged in business deals that benefit somebody linked to state power. Like anywhere else, the wealthy need to find ways to spend their money, and figure out how to get there. Renting luxury cars like a Porsche has become one […]
JAPAN TODAY, NHK (Japan), AFP Worldcrunch HIROSHIMA – A worker at a waste disposal facility in Hiroshima in western Japan, has found more than 10 million yen (about $120,000) in cash in a pile of garbage. The money, whose origin has yet to be determined, was spotted by a monitor on a conveyor belt. Some […]
-Analysis- BEIJING – Zhang Lan, founder of restaurant chain South Beauty, is one of China’s richest women and a symbol of the country’s booming economic success. Thus it is not surprising that the recent news that the billionaire has renounced her Chinese citizenship to take on a foreign nationality has been met with some significant […]
PARIS – The price of luxury products is skyrocketing. The quasi-hypnotic appeal of some brands and the increasing number of extremely wealthy clients throughout the world is enabling luxury brands to hike prices to stratospheric levels year after year. A pair of John Lobb shoes, a Kelly Hermès bag, a kilo of Petrossian Sevruga caviar, […]
LE FIGARO, LIBERATION, EUROPE 1, AFP, FRANCE 24 (France) Worldcrunch PARIS – French newspapers are tracking tax exiles after Bernard Arnault, France’s richest man and head of luxury good giant LVMH, said Sunday he was seeking Belgian nationality. The luxury tycoon’s move to seek Belgian citizenship has caused outrage in a country hit by a […]