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$250 Million To Spend On A House? Go Big Or Find Another Home.

$250 Million To Spend On A House? Go Big Or Find Another Home.

(CNN)It begins on the famed Sunset Boulevard, the iconic vein that travels 22 miles across the Los Angeles basin. Traveling toward the sea, along the hipster cafes of Silverlake, the gritty sidewalks of Hollywood and perfectly clipped lawns of Beverly Hills -- it's...

JAB Holdings Seeks Well-Heeled Buyer for Jimmy Choo Brand

JAB Holdings Seeks Well-Heeled Buyer for Jimmy Choo Brand

Jimmy Choo claim Emma Stone as a long time fan Image caption Best foot forwardImage copyright Getty Images Luxury shoe maker Jimmy Choo is the go-to for celebrities looking to wear a pair of killer heels on the red carpet. Now the British firm is going on a strut of...

Billionaire Birla Said to Eye Booming Global Carbon Fiber Market

Billionaire Birla Said to Eye Booming Global Carbon Fiber Market

Indian billionaire Kumar Mangalam Birla is exploring entry into the production of carbon fiber, a high-strength and light-weight composite material expected to be a $4.7 billion global business by 2022, according to a person familiar with his thinking. The Aditya...

Ships In The Night: A Surreal Encounter With A $27M Super Yacht

Ships In The Night: A Surreal Encounter With A $27M Super Yacht

Viareggio, Italy (CNN)The maiden voyage of the Aurora -- a new 160-foot, $26.6 million aluminum super yacht launched last week in Viareggio, Italy -- lasted less than one hour and only covered a humble 500 yards. Watching an imposing vessel like the Aurora passing...

Billionaire Taizo Son Ditches Japan to Start Afresh in Singapore

Billionaire Taizo Son Ditches Japan to Start Afresh in Singapore

Singapore may have just added a new tech billionaire, but it had to lure him from Japan first.Taizo Son, who built his fortune on hit smartphone game Puzzle & Dragons, has relocated to the city-state from Tokyo and plans to invest $100 million in Southeast Asia...

The Most Insane Yacht on Earth Just Got Even Insaner

The Most Insane Yacht on Earth Just Got Even Insaner

As far as sporting trophies go, it’s hard to find any older than the America’s Cup. Sailing teams have been fighting over the ornate, sterling silver ewer since 1851. But while Queen Victoria would recognize “Auld Mug” today, she likely...

$250 million-dollar mansion is most expensive home listed in US

$250 million-dollar mansion is most expensive home listed in US

(CNN)A newly-built Bel Air mansion has been listed for sale for $250 million in the US, making it the most expensive home currently on offer on the American market. The extravagant 38,000 square foot property features 12 bedrooms, 21 bathrooms, five bars and three...

Tech billionaire Peter Thiel is a secret New Zealand citizen

Tech billionaire Peter Thiel is a secret New Zealand citizen

Peter Thiel, co-founder of PayPal, delivers a speech during the evening session on the fourth day of the Republican National Convention.Image: Getty ImagesIt looks like Peter Thiel wants a back-up plan. Whether his back-up wants him is another question. While...

Take a 360-Video Tour of a Porsche Modders Sweet Rides

Take a 360-Video Tour of a Porsche Modders Sweet Rides

Magnus Walker is a Porsche remix artist. He doesn’t just collect the German cars, he reinterprets them—tuning their engines, modifying their bodies, painting them in vivid racing livery, and installing bespoke tartan seat panels. Porsche enthusiasts love...

Revealed: how US billionaire helped to back Brexit

Revealed: how US billionaire helped to back Brexit

Robert Mercer, who bankrolled Donald Trump, played key role with sinister advice on using Facebook dataThe US billionaire who helped bankroll Donald Trumps campaign for the presidency played a key role in the campaign for Britain to leave the EU, the Observer has...

London squatters occupying 15m mansion evicted

London squatters occupying 15m mansion evicted

Activists removed from Belgravia building owned by Russian oligarch Andrey Goncharenko after dawn raidSquatters occupying a 15m mansion in Londons exclusive Belgravia have been evicted after after a two-hour standoff with bailiffs following a dawn raid on Wednesday....

The Russian Buddhists v the billionaire  a photo essay

The Russian Buddhists v the billionaire a photo essay

A small group of Buddhists led by a veteran of the USSRs Afghan war has spent 21 years establishing a monastery in the Ural mountains. It sits on land claimed by a company belonging to one of Russias most powerful oligarchs. After years of delays, a date has now been...

See the Evolution of the Famed Porsche 911 in 7 Photos

See the Evolution of the Famed Porsche 911 in 7 Photos

The Porsche 911, like the Ford Mustang and Chevrolet Corvette, has pulled off the neat trick of remaining thoroughly modern yet utterly timeless. The latest models look a lot like the car that rolled into the Frankfurt Motor Show in 1963, making it instantly...

The ‘Bachelor’ Mansion Is Someone’s Actual Home

The ‘Bachelor’ Mansion Is Someone’s Actual Home

After finding out that three of this season's contestants have been trying to become celebrities for a while and that *spoiler alert* Rachel, who is still on the show, doesn't win and becomes the next Bachelorette, it feels like nothing is sacred about our favorite...

Audi, Porsche are tops in Consumer Reports’ annual rankings

Audi, Porsche are tops in Consumer Reports’ annual rankings

Audi, Porsche, BMW and Lexus are the best-performing brands in Consumer Reports' annual rankings, but lower-priced options aren't far behind. Subaru, Kia, Mazda, Honda and Buick also made it into the organization's top ten brands for 2017. Tesla was the...

This is the ultimate yacht for fast car lovers

This is the ultimate yacht for fast car lovers

Need to get to your private island really, really quickly? Fans of sports cars likely can't wait to get their hands on the latest limited edition yacht from Palmer Johnson. The Bugatti Chiron comes to life on the water as one of the world's fastest-- and most...

Porsche’s massive bonus scheme shows employers how it’s done

Porsche’s massive bonus scheme shows employers how it’s done

Porsche employees in Germany are living it up with $9K bonuses.Image: ronald WITTEK/EPA/REX/ShutterstockIn the United States, working full-time does not always mean earning even just a living wage. But in Germany, things are pretty different. And there, Porsche is...

Billionaire Warren Buffett becomes face of Cherry Coke in China

Billionaire Warren Buffett becomes face of Cherry Coke in China

Coca-Cola Cherry bottles to carry cartoon portrait of US businessman whose firm is the drinks companys largest investor The likeness of billionaire Warren Buffett is to grace Cherry Coke cans in China, where the companys largest investor enjoys a legendary reputation....

David Rockefeller, billionaire philanthropist, dies aged 101

David Rockefeller, billionaire philanthropist, dies aged 101

Last of his generation in one of Americas most famous families led a network of interests both business and philanthropic, from conservation to the artsDavid Rockefeller, a billionaire philanthropist who was the last of his generation in the famous Rockefeller family,...

Billionaire bunkers: How the 1% are preparing for the apocalypse

Billionaire bunkers: How the 1% are preparing for the apocalypse

(CNN)Say "doomsday bunker" and most people would imagine a concrete room filled with cots and canned goods. The threat of global annihilation may feel as present as it did during the Cold War, but today's high-security shelters could not be more different from their...

Airline pricing secrets: How carriers come up with fares

Airline pricing secrets: How carriers come up with fares

Anyone who's lost an evening researching flight deals knows that airfare pricing can seem pretty random -- high one week, low the next and long-distance often cheaper than short-haul. It's called airline revenue management: the science of adjusting fares dynamically...

Wells Fargo Board Claws Back $28 Million More From Ex-CEO

Wells Fargo Board Claws Back $28 Million More From Ex-CEO

Wells Fargo & Co.’s board clawed back an additional $28 million from former Chief Executive Officer John Stumpf and canceled about $47 million of ex-community bank head Carrie Tolstedt’s stock options after determining they were among senior managers...

Billionaire Facebook Backer Buying Commodities That Made Him

Billionaire Facebook Backer Buying Commodities That Made Him

The Russian tycoon who made $1.4 billion with an early bet on Uber Technologies Inc. is returning to the sooty old commodities industry that first made his fortune.Fortescue Metals Group Ltd., Anglo American Plc surging.“Last year showed that commodities...

David Bowie’s art fetches 24m in first round of sale

David Bowie’s art fetches 24m in first round of sale

Total includes Jean-Michel Basquiat painting sold for more than 7m on packed night at Sothebys The first items from David Bowies personal art collection were sold at auction in London on Thursday, fetching more than 24m. A 1984 Jean-Michel Basquiat painting, titled...