Latest news with #superrich
Wall Street Journal
a day ago
- Business
- Wall Street Journal
The Secret to Building a $100 Million Megamansion
As the merely wealthy take stock amid a correction in the public markets, a tariff war and concerns about an impending recession, the super rich continue to spend. Look no further than the ultra high-end real-estate market for evidence of this alternate financial reality. Billionaires are still paying tens or even hundreds of millions of dollars for well-located sites in markets like Los Angeles, Miami, Palm Beach and Aspen, Colo.
Bloomberg
2 days ago
- Business
- Bloomberg
Two Increasingly Important Groups Are Flocking to Private Credit
Welcome to Going Private, Bloomberg's twice-weekly newsletter about private markets and the forces moving capital away from the public eye. Today, we look at the motley crew that's flocking to private credit and a 'creative' new Ebitda adjustment. Plus the cash burn at a prominent AI firm. If you're not already on our list, sign up here. Have feedback? Email us at goingprivate@ — Silas Brown Private credit's fan base is growing. This week, Bloomberg wrote about two increasingly important groups — insurers and the super-rich.
Times
13-06-2025
- Times
The saviour of Cap Ferret wages war with the sea — and developers
A dmirers view Benoît Bartherotte as a hero who has fought against the vicissitudes of nature and the avarice of humanity to preserve one of the finest beauty spots in France. Detractors see him as a self-serving landowner who has helped to turn Cap Ferret, a headland on the Atlantic coast, into an enclave for the super-rich. In the mid-1980s, Bartherotte, then a celebrated Parisian fashion designer, decided to change career. He got rid of his Rolls-Royce, moved out of his mansion and took his wife and seven children to live in a wooden hut by the sea in the southwest of the country. Bartherotte's new home was on Cap Ferret, where he had spent his childhood holidays. Over the past 40 years he has fought to ensure the area remains as he remembered it as a boy.
Bloomberg
30-05-2025
- Business
- Bloomberg
India's Super-Rich Spur a Wealth Management Frenzy
India's growing list of super-rich investors are reshaping the country's wealth management industry like never before. (Source: Bloomberg)
Daily Mail
28-05-2025
- Business
- Daily Mail
EXCLUSIVE Smug reason billionaires are boycotting the Hamptons as they flee to new summer haven
The rich and famous typically start flocking to the Hamptons on Memorial Day weekend - but this year, they're heading to far more exclusive locales. Rather than head out to the Long Island's east end, celebrities and the super rich are making their way overseas.
