The ship, called Azzam, is under construction at a shipyard in Germany, according to SuperYachtTimes.com. It’s expected to measure 180 meters, or around 590 feet — or the size one-and-a half football fields, plus a basketball court.
His father is Zeng Qinghong, a top Communist Party cadre and former Beijing kingmaker (think Graham Richardson and the Labor Party of the 1990s) who is credited with brokering the deal that saw Xi Jinping catapulted into pole position in the race to becom
Today, as the firm undergoes a generational shift to younger bankers, he’s being groomed to run Rothschild and succeed his 69-year-old father, David, within five years, according to three people with direct knowledge of the plan.
Louis Vuitton routinely ranks among the most admired brands in surveys of Chinese consumers. But ultra-luxury names such as Hermes are making inroads, and some top-tier consumers now look down on Louis Vuitton as too common.
Also known as Winston Wen, he is one of the most successful and prominent private equity investors in China, and a highly controversial figure in the Chinese investment community.
Rausing, 48, was the wife of Hans Kristian Rausing, heir to the TetraPak fortune his father built by creating a successful manufacturer of laminated cardboard drink containers.
In 2003, Nicholas Newlife, an unknown British gambler, placed the equivalent of a $967 bet on odds of 66/1 with bookmaker William Hill, just after Federer won Wimbledon in his first Grand Slam victory.
“I believe this is the first time [there has been such a scheme] only tailored for wealthy women,” Mr Du told The Daily Telegraph this week during a visit to Shanghai, one of the cities he is tapping for potential husbands.
“It’ll be a fast transatlantic”: the word is out! With less than 24 hours to go till the start of the Krys Ocean Race, Sébastien Josse and his navigator, Antoine Koch, are checking the final details for the upcoming race. An eastb
Emirates NBD, a leading bank in the region, announced today its sponsorship of the St. Andrews Youth Golf Camp, which is designed for young amateur golfers of 12-18 years of age from emerging golf markets
Professional sports franchises are often discussed in the context of money – player contracts, labour disputes, purchase prices and the like.
Magistrates are investigating claims that house staff of Liliane Bettencourt, heiress to the L'Oréal cosmetics empire and France's richest woman, handed over brown envelopes stuffed with cash to Mr Sarkozy and his aides to finance his suc