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Luxury Biz Booms Thanks to World's Nouveau Riche

The world economy may be troubled, even in crisis in many areas, but don't tell that to the rich—luxury goods had a great 2011, thanks to all the new millionaires and billionaires, especially from the developing world, reports the Wall Street Journal. Sales at Prada were up 33.1%...
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Number of Millionaire Households in America Grows by a Mere 2%

Lifestyle / Luxury : Elite Choice (3 years ago)

Elite Choice - Luxury guide featuring most expensive things Just before the economic crisis hit the global economy the American economy was booming and the number of rich in America had hit an all time high with almost 9.2 million h... Read Post

Macau Casino Boom Lures Hong Kong Billionaire Clan To Ante Up Anew

Business & Finance : China Wealth (11 months ago)

  The Macau gaming boom behind the rise of two billionaire newcomers onto the 2014 Hong Kong Rich List unveiled by Forbes yesterday is attracting fresh investment money from another rich list member. International Entertainment, 75%... Read Post

Euro zone suffers as emerging markets thrive

Business & Finance : Business Report (2 years ago)

Rich countries enfeebled by the great financial crisis remain a weak link in the world economy. ||| Lisbon - No matter how Cyprus's financial drama ends, its troubles show yet again that rich countries enfeebled by the great financi... Read Post


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