Lifestyles

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Smooth Flying

by Michael Silvestro

Advisors can play a role in helping clients navigate the abundance of options in private air travel.

Wealthy See Etiquette As Key To Success

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The all-important bottom line may still reign supreme, but that hasn’t stopped many in the business world from trying to climb the ladder of success with style.

Goldman Exec Buys Manhattan Mansion For $14M

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Mark Schwartz, chairman of Goldman Sachs Group Inc.’s Asia-Pacific operations, bought a rare free-standing mansion on Manhattan’s Upper West Side.

Stephen Ross To Give $200 Million To University Of Michigan

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Real estate developer Stephen Ross will give $200 million to the University of Michigan to benefit the school’s business school and athletics.

Wealth Breeds Feelings Of Entitlement, Narcissism, Researcher Says

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One might imagine that the poor feel more entitled to wealth because of their plight, but a new study suggests just the opposite—that it is actually the rich who feel that way.

Luxury Home Bargains Spark Sales Boom

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Home sales from Los Angeles to Charleston, South Carolina that are priced at more than $1 million are gaining at triple the pace of the broader market, according to new research.

Wendi Murdoch Said To Hire New Divorce Lawyer

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Wendi Deng Murdoch hired a new attorney, New York lawyer William D. Zabel, to negotiate her divorce from News Corp. billionaire Rupert Murdoch, a person familiar with the matter said.

Cupid Concierges

by Colleen O'Dea

Elite matchmakers are in high demand by busy jet-setters who are still looking for Mr. or Mrs. Right.

Oracle's Ellison Top Billionaire Island Owner

by PW Staff

Oracle CEO Lawrence Ellison is the world's top billionaire island owner, with a 90,240-acre Hawaiian island that includes two resorts and two championship golf courses, according to Wealth-X.

Luxury Tower Touts Garages In The Sky

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A "Porsche" luxury condo tower under construction in Florida is offering "sky garages" and car concierges to wealthy auto aficionados who treat their sports cars like the family pet.

Morgan Stanley Offers Healthcare Referral Service

by PW Staff

Morgan Stanley Wealth Management has established a referral arrangement with PinnacleCare, a provider of private health advisory services, Morgan Stanley announced.

Competition Heats Up Over Richest Air Travelers

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Airlines are stepping up competition for full-fare passengers between New York and Los Angeles, with lie-flat seats, pricey French wines and personal valets to whisk travelers from curb to gate...

Fund Managers Said To Pay $90M For NYC Penthouse

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Hedge-fund manager Bill Ackman is among a group of investors who agreed to pay more than $90 million for a duplex penthouse at Manhattan’s One57 condominium tower, a person with knowledge of the...

Gay Advocates Await Fortune 500’s Jason Collins

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NBA player Jason Collins made history last month as the first man on a major U.S. professional sports team to come out as gay while still an active player...

Top Cities Of The Ultra-Wealthy

by PW Staff

The city famous for protecting the U.K.’s Crown Jewels also happens to be the most popular home for the world’s ultra-wealthy, according to a new report.

Wealthy Investors Rediscover American West

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They may not all be young men, but a fair number of wealthy investors are taking Horace Greeley’s advice to “go West”—to buy up the region's ranch land.

Made-in-Asia Luxury Sheds Fake Image

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For decades, made-in-Asia luxury has been shorthand for “fake.” Now, companies from South Korean bag maker Couronne to Malaysian dressmaker Farah Khan are making a case for homegrown chic.

Ultra-Wealthy Value Health Over Money, Study Says

by PW Staff

Ultra-high-net-worth investors are slightly more concerned about their physical fitness than their finances, but only a minority are trying to live a healthier life, according to the Spectrem Group.

More Middle East UHNW Individuals In Finances Than Oil

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The wealth of Middle Eastern ultra-high-net-worth individuals is more likely to be based on the financial industry than the oil industry, according to Wealth-X.

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