Africa's untapped luxury potential

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.


Pink diamond sets new world record

The Pink Star diamond.

Anonymous buyer pays $89 million for flawless 59.6 carat coloured stone.


Horses for a very different course


Rachelle Unreich Clamouring for glamour and pining for horsepower? Scratch that itch with Polo In The City.


Blue beauty: diamond fetches record $10.4m


A flawless deep-blue diamond sold at auction on Wednesday night for 10.27 million Swiss francs ($10.


Zara founder joins ranks of the world's super rich

Chairman of Spanish global fashion giant Inditex, Amancio Ortega stands during a visit to an Inditex factory in Coruna, northern Spain in this file photo from December 2, 2008. Ortega leapt over Warren Buffett and France's Bernard Arnault to become the world's third richest person on Forbes' 2013 annual ranking of billionaires, with an estimated net worth of $57 billion. REUTERS/Miguel Vidal/Files (SPAIN - Tags: BUSINESS PROFILE HEADSHOT)

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.


Ever-growing appetite for luxuries of life

Luxury hotel.

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

Vivid yellow gem sells for an eye-watering $10m

The Sun-Drop Diamond.

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.

Formula one

Bernie's billion dollar babes

Tamara and Petra Ecclestone.

Richard Williams Bernie Ecclestone has made a fortune out of formula one racing - now his daughters are busy spending it.

Outrageous fortunes

A tough year, but not for some


Susannah Singh Large fortunes were made and lost this year, but mostly made as the rich continued to get even richer in 2011.

High flyer

Private jets take off in trouble spots


Business is booming for private jet operators in the restive Middle East and North Africa where commercial airlines have scaled back flights.

Travel tips

Glitzy getaways


Rachael Oakes-Ash What are the top ten getaways for those seeking privacy, glitz and glamour, boasting rights or wild adventure?

Wealthy display

Luxury yachts all the rage for rich Russians

Moscow's Millionaire's Fair.

Yachts are this year's must-have toy for Russian billionaires.

Delivery delay

Delays take wind out of Roman's sails

The Eclipse.

Gordon Rayner in London The biggest and most luxurious private yacht ever built, the Eclipse, was due to be delivered to its owner, Roman Abramovich, on December 22 but is reportedly months behind schedule.

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