Tosin Sulaiman Africa has more millionaires than Russia, but for many wealthy Africans, shopping for designer handbags or luxury watches still means travelling to New York or Europe.
Anonymous buyer pays $89 million for flawless 59.6 carat coloured stone.
Rachelle Unreich Clamouring for glamour and pining for horsepower? Scratch that itch with Polo In The City.
A flawless deep-blue diamond sold at auction on Wednesday night for 10.27 million Swiss francs ($10.
Steve Colquhoun A Spanish purveyor of cut-price women's high fashion was the surprise inclusion in the top three of Forbes magazine's annual rich list.
Rachael Oakes-Ash What are the top ten getaways for those seeking privacy, glitz and glamour, boasting rights or wild adventure?
Alexandra Smith For the price of a new car, you can fly to Antarctica on a private jet and camp alongside emperor penguins.
Bling of beauty
Geneva, Switzerland The Sun-Drop Diamond of South Africa, a giant pear-shaped gem weighing 110.3 carats, has sold for 10 million Swiss francs ($A10.7 million) at auction, beating previous records for a jewel of its type.
Richard Williams Bernie Ecclestone has made a fortune out of formula one racing - now his daughters are busy spending it.
Susannah Singh Large fortunes were made and lost this year, but mostly made as the rich continued to get even richer in 2011.
Business is booming for private jet operators in the restive Middle East and North Africa where commercial airlines have scaled back flights.
Yachts are this year's must-have toy for Russian billionaires.