During the furious stock market boom of the past several years, the only apartments you could find anywhere were exclusively glass-walled luxury penthouses, priced at $85 million. It seems, however, that we may be waking up from our cash-induced fancy apartment haze at last.
These days, it's not enough to simply direct vitriol at the rich; you must put the offenses of the rich in the context of society as a whole. It's not just that they dedicate their lives to decadence in a sea of want; it's that they want credit for it.
New York City real estate is too expensive for anyone. Manhattan is the most expensive portion of that. Logic tells us that no one, then, can afford Manhattan apartments. So who buys all these places then? International bazillionaires, of course.
Uber is a luxury car service that sells increased convenience for a high price. It may be seen as a symptom of a wealthy lifestyle which rubs many people the wrong way. So what should you do if you don't like Uber? You should not use Uber.
Business is booming in the superyacht industry. Boats now offer "pools with mechanical floors that can be raised or lowered to create a plunge pool, children's pool or helicopter landing pad."
Though "authentic" tourism experiences will always carry a whiff of the ridiculous, a case can be made that visiting a country's slums does have some redeeming side effects. Unless you're visiting fake slums built inside a luxury resort.
Here, courtesy of a longtime high end real estate broker in London, are all the stereotypes you'll ever need to know about wealthy property buyers, by nationality.
One day after the world's most expensive artwork sold at auction, the world's most expensive gemstone—and $83 million pink diamond—has sold at auction. The real winner here: the proud diamond miners of Africa.
Earlier this year, we advised you that New York City real estate has now become too expensive for anyone. We would like to issue a correction: New York City real estate is a bargain! It all depends on your perspective.
In November, you will be able to buy this 59.6 carat flawless pink diamond at a Sotheby's auction for an estimated $60 million. Can't wait until then for an anniversary present? There's more!
As the American economy chugs along in the boom before the doom, you, the consumer, are no longer willing to settle for cheap, crappy items at low prices. And companies have heard your cries. They now offer cheap, crappy items at higher prices.
Luxury fashion designers Domenico Dolce and Stefano Gabbana, two men who have almost certainly personally adjusted the breasts of many of your favorite celebrities, were each issued a jail sentence of one year and eight months on Wednesday in Italy, for tax evasion.
New York City's luxury housing boom, which has been a trademark of the Bloomberg administration's distaste for building substantial housing for anyone but the superrich, has reached its astounding conclusion: massive condos owned by people so rich, they don't actually live there.
When you think of "things that self-aggrandizing assholes like," you may think of flashy jewelry, or exotic sports cars, or misquoting The Art of War. True enough. But there is no single signifier more characteristic of the upwardly mobile, ostentatious yet fundamentally insecure, braggart asshole male than an…
How's your 1996 Honda Accord? Good? Still hanging in? Bumper doing alright? Got those wiper blades switched out finally? Good, good. Oh, me? The wealthy global upper crust? Well, I absolutely cannot stop buying Rolls-Royces. You know how it is.
The Great Recession of the past several years took many things from America: our jobs. Our financial resources. Our pride. But as the economy returns to its former glory, we now face a new peril: our national supply of mansions is getting dangerously low.
Yasiin Bey, Muhammad Ali, artful calligraphy, gorgeous cinematography. Add them all together and what do you get? Just another fucking Louis Vuitton ad.
Former Spice Girl and longtime car passenger Victoria Beckham is trying her hand at a new pursuit: luxury car design.
After a solid decade in the "luxury cars whose jaw-dropping price tags are a marketing tool rather than an accurate reflection of the cost of the good in question" business, Daimler is putting an end to its Maybach line, due to the fact that it somehow did not make a profit even though you could buy enough Lexuses to…
Hargrave Custom Yachts doesn't just make the best customized yachts we know of (disclaimer: it's the only customized yacht company we know of)—it also follows the zeitgeist like a Minnesota babysitter follows a porny plot-line. Hence its astute observation that in today's America, yachts are no longer mere luxuries…
