Keyword: nouveauriche
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Edwin Castro, who won Powerball’s record-breaking $2 billion jackpot this February, isn’t quite done spending his newfound cash on luxury real estate. The lucky lotto player has already purchased at least two other California mansions since coming into the money this past winter — and now he has splurged yet again, this time on a $47 million compound in Bel Air. Castro’s newest crib brags seven bedrooms, 11 bathrooms, and an infinity pool with panoramic views of Los Angeles, the Daily Mail first reported. The 31-year-old’s newest home further boasts DJ turntables, a champagne tasting room, a suspended glass walkway,...
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Meghan Markle received stern words from the Queen following a row over egg, a royal author has claimed. The Duchess of Sussex, 37, travelled to Windsor Castle ahead of her wedding to Prince Harry, 34, last May to test some of the food that was going to be served at the reception. Author Katie Nicholl told how the former actress had insisted on there being a 'macrobiotic alternative' for some of the Hollywood star guests who follow the diet which derives from Zen Buddhism. She told Yahoo's Royal Box: '[Meghan] got very upset when she felt that she could taste...
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2019 is slated to produce an extraordinarily long list of multi-billion-dollar IPOs from San Francisco Bay Area heavyweights like Lyft, Uber, Palantir, Pinterest, Airbnb, Slack, Postmates, and Instacart. The result will be a massive and sudden injection of liquid cash into a region already infamous for both the nation’s priciest real estate as well as a vast and growing wealth gap between rich and poor neighbors. On stage at Monday’s event, a three-hour catered affair titled “Tech IPOs effect on Bay Area Real Estate” held in DocuSign headquarters, Deniz Kahramaner, a big data real estate agent at the tech real...
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"If New York City is a business, it isn't Wal-Mart -- it isn't trying to be the lowest-priced product in the market. It's a high-end product, maybe even a luxury product. New York offers tremendous value, but only for those companies able to capitalize on it." -- Mayor Michael Bloomberg January 2003These seem the best of times for America's elite cities. Wall Street's 2006 megabonuses created thousands of instant millionaires, and, with their venture-fund soulmates in places like San Francisco, Boston and Greenwich, the best people are prowling for Ferraris, planes, multimillion-dollar condos, the newest $200 lunch place and the...
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Critics charge that House Speaker Nancy Pelosi is abusing the perks of power by asking for a jumbo military jet with sleeping accommodations for her flights across the country. After the 9/11 terrorist attacks, the Pentagon agreed to provide the speaker, who is second in the line of presidential succession, with a military plane for added security during trips back home. Former House Speaker Dennis Hastert, an Illinois Republican, flew in a small commuter-sized Air Force jet. Pelosi wants a larger aircraft that can fly to her San Francisco district without stopping to refuel. Some sources are claiming that Pelosi...
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Teresa Heinz Kerry won't model herself on either Hillary Clinton or Nancy Reagan if her husband, presumptive Democratic presidential nominee John Kerry, reaches the White House. Speaking at a Montecito fund-raiser Saturday, Heinz Kerry, 65, said she would "continue to be me." That "me" is a wealthy philanthropist; a former Republican who only recently switched party affiliations; and a champion of women's issues, the environment, the arts and education. "I know Mrs. Reagan," said Heinz Kerry. "I admire her for her particular role at that time, married to who she was and at her time. And I've said before if...
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<p>THE fact that it's hip to be poor will no doubt come as a surprise to everyone but the rich.</p>
<p>The rich don't stay rich by blowing all their dough, you know. Only the worst sort of nouveau riche parvenus think expensive clothes, flashy dinners and white stretch-limo nightclub jaunts make them more important.</p>
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