Rich Life
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KKR's deal maker and truffle hunter
Earlier this year, private-equity investor Joseph Bae helped his firm, Kohlberg Kravis Roberts seal the $1.8bn (€1.2bn) acquisition of Korea's second-largest beer maker, Oriental Brewery. Earlier this month, he aided in a decidedly posher acquisition.
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Diary: Utopia for Yacht Lovers
Looking to get more from your yacht? Why not share it with others?
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Colonel Gaddafi's son buys £10m London property
One of the sons of Libyan leader, Colonel Gaddafi, has purchased a new-build property in one of the most luxurious streets in London's leafy Hampstead.
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London & Stamford profits up but still 'cautious'
Aim-listed London & Stamford, which has been one of the most active investors in the depressed real estate market in the past year, has said it is now taking a "cautious" approach in the UK, as rivals continue to push billions of pounds into the sector.
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How The Rich Are Different: Recession Hits Investment Psyche
The rich are different than you or me, and it turns out that the ultrarich are different than the mere well-to-do, according to a survey that asked wealthy investors about the effects of the recession on their portfolios and prospects.
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European Property: What you can get for €2 Million
London's high-end residential properties have suffered a dip in interest from locals, but continental European buyers, buoyed by the strong euro, have stepped into the breach.
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Diary: Where to Buy Champagne?
With just over a month left for Christmas shopping and currencies still yo-yoing, it pays to know which European city will give you the best deal on your purchases.
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Mukesh Ambani tops Forbes rankings of Indian billionaires
Mukesh Ambani has topped the charts for India’s wealthiest as his net fortune soared 54% to $32bn (€21.5bn) following a 76% rally in India’s benchmark Sensitive index this year, Forbes Asia said, according to a Bloomberg report.
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Luxury labels "should not be ashamed"
At the 2009 Walpole Awards for Excellence in the UK luxury industry last night, luxury brands were urged to "hold their head high", and recognise the importance they play in supporting the British economy.
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Deutsche Bank takes art to Hong Kong
Deutsche Bank has signed a five year lead sponsorship deal with Hong Kong art fair ART HK, which could cast into doubt its continued sponsorship of London's Frieze Art Fair.
Brummell »
Rich Monitor »
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Property »
- Bonus boom will buoy luxury property market
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- Blackstone in negotiations to restructure $20bn debt at Hilton
Philanthropy »
Most Read
Brummel
Relocation, relocation, relocation
Banks have never been shy of firing staff at the merest whiff of a downturn. First the fat, then the muscle and finally the bone. In the past, cuts have been so deep that firms have found it hard to benefit when the markets rebounded, paying over the odds to restaff at speed. Such wild oscillations in staffing numbers are known as “doing a Merrill”.
Rich Monitor
Diary: Utopia for Yacht Lovers
Looking to get more from your yacht? Why not share it with others?
