Arts and Culture

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Billionaires' Row Condo May Face Foreclosure After Loan Default

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The owner of the exclusive condo defaulted on a $13.75 million mortgage.

Even Your Little August Beach Vacation Will Cost More This Year

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Vacation rentals in the Hamptons are 50% more expensive than they were pre-pandemic.

U.S. Denies Bezos Push To Overturn NASA-SpaceX Moon Lander Deal

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After some successful launches, the billionaire space race is becoming even more competitive.

Ferrari Posts Steady Profit Before Outsider CEO Takes Helm

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Ferrari is not only moving into battery-powered vehicles, it is also launching its first SUV.

Socialite Art Collector Jailed In U.K. For Kusama Pumpkin Fraud

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A German collector was sentenced to prison after admitting to an art fraud involving the fake sale of a pumpkin sculpture by Yayoi Kusama.

One Of The Priciest Rough Diamonds Ever Fetches $40 Million

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Petra Diamonds Ltd. sold a 39.3-carat blue gem.

A Mega Gallery Is Ramping Up Its NFTs, Even As The Market Stalls

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NFTs represent a growing movement to trade digital art, collectibles and other real property on the blockchain.

Your Unloved Heirlooms Might Mean Serious Money

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The present market for fine art and antiques is a tragedy for dealers, but good for buyers.

Richard Branson Revives Daredevil Persona At 70 With Historic Space Shot

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For decades, Branson engaged in a series of record-breaking stunts in surfing, boating and flying.

Billionaires Enjoy Huge Tax Breaks From Owning Sports Teams: ProPublica

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Some of the wealthiest owners in professional sports often pay lower effective tax rates than the athletes.

U.S. Hotels Finally Surpass Pre-Covid Levels As Travel Surges

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Red-hot demand from leisure travelers boosted a key lodging industry metric higher than its 2019 figure.

It's Time To Stop Laughing Off Wines With Funny Names

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Edgy new wines have appellations ranging from silly to sexist. But what's inside the bottles is no joke.

Mansion Built By Olan Mills Fortune Hits Market For $7 Million

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The late daughter of Olan Mills designed a dream home surrounded by protected forest near Chattanooga.

Scholastic's Robinson, Publisher Of Harry Potter, Dies At 84

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Richard Robinson's long run as head of the children's book publisher placed him in a very rare club.

The Hamptons Are Becoming A Legitimate Art Destination

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New York's Hamptons, a vacation destination for people in the arts, have become an arts destination.

Billionaire's $15 Million Fishing Lodge Faces Seizure In Record Tax Case

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The government only has to show an asset was “the product of tainted funds” to take it in a civil forfeiture proceeding.

Tour Billionaire Pinault's New $194 Million Art Museum In Paris

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Parisians can now enjoy a 113,00-square-foot museum in the city's former commodities exchange.

More Than $1.3 Billion Worth Of Art Sold Last Week In NYC

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During New York's May auction week, several $15 million-plus artworks sold after just a few bids.

Warhol's Electric Chair Entangled In China Private Equity Fight

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An grim Andy Warhol work got caught in a fight between a private equity firm and a Chinese restaurant tycoon.

Leon Cooperman Won't Attend Elizabeth Warren's Tax Hearing, But Will Watch It

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Cooperman called Warren's invitation "self-serving and disingenuous."

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