Celebrity Life
Number of Billionaires up 40% from 2014 according to latest UBS Billionaire Report
According to the UBS Billionaires Insight 2019 report, there are now 2101 billionaires in the world, up 40% from five years ago with females leading the pack in terms of growth
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Goldman Sachs Analysts report estimated US$3 to $4 billion left Hong Kong for Singapore
The Hong Kong economy is the weakest since 2008 Global Financial Crisis while retail Sales the worst since the 2003 SARS outbreak as capital outflows continue to flee to its rival financial hub
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Made in USA Louis Vuitton Bags: Does Country of Origin still matter in Luxury?
There will soon be "Made in the USA" Louis Vuitton bags thanks to the recently opened LV factory in Keene, Texas. Is this a good idea?
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Alber Elbaz’s Comeback AZfashion Venture with Richemont
Ex-creative designer of Lanvin, Alber Elbaz reenters the limelight with Richemont Group for an exciting new AZfashion venture
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LVMH makes acquisition bid for Tiffany & Co. currently valued US$12 billion
LVMH shares have risen 49% this year, giving them capital required to make a realistic acquisition bid for Tiffany & Co valued at US$12 billion
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WeWork Neumann’s $1.7 billion to Quit and Musk’s Illiquidity is Why CEO Compensation is Broken
Multi-billionaire Elon Musk is broke, while WeWork's Adam Neumann is being offered $1.7 billion to walk away from a company he just trashed.
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Why Private Elite Colleges like Eton are not producing the Best Leaders
Boris Johnson, a graduate of the world-famous Eton college is emblematic of a problem that elite schools are producing confident but incompetent leaders
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Italian Jeweller Buccellati joins Richemont Group alongside Cartier and Van Cleef & Arpels
Richemont Group has acquired historic Buccellati, an Italian jeweller previously owned by China's Gangtai Group. It is now the third jewellery brand beside Cartier and Van Cleef & Arpels
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Smart Money: Ultra-Wealthy Move Assets to Safe Haven Investments predicting 2020 Recession
High net worth families might still be living it up like things are calm but like a duck, their family asset managers are paddling furiously underwater to protect and grow their wealth in safe haven investments
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Behind the World’s Largest Starbucks Reserve in Chicago hides a different story
Former CEO Howard Schultz famously said that he’d open a thousand Starbucks Reserve stores, but current CEO Kevin Johnson is a little more circumspect with Starbucks Reserve strategy
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UK Golden Visas snapped up by wealthy Hongkongers at unprecedented rate
Despite Brexit, 13 straight weekends of civil unrest in Hong Kong have prompted the region's high net worth individuals to join their Mainland counterparts in buying their way into UK residency
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Macey & Sons Auctioneers & Valuers Ltd Acquires Art Futures Group in Cash Deal
Reputable Macey & Sons Auctioneers & Valuers acquired the Hong Kong-based Art Futures Group in an all-cash deal, greatly expanding their inventory and reach
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