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Showing posts from August, 2009

How Much is the Most Expensive Hotel in the World?

The Royal Penthouse Suite at the President Wilson Hotel in Geneva, Switzerland, has the most expensive hotel room in the world, at a reasonable $65,000. The suite has a cocktail lounge, a private elevator, four bedrooms, and six bathrooms. The second highest is the Ty Warner Penthouse, at the Four Seasons Hotel, in New York.

Connecticut Island for Sale $2.1 Million

Horse Island, an island in Connecticut is up for sale for $2.1 million. The 3/4 of an acre island has water, electricity, phone lines and a septic system, and includes a four bedroom house.

$24,000 for a Haircut

The Sultan of Brunei hired a plane to fly his British barber to his home to do a $24,000 haircut. It is believed to be the most expensive haircut ever.

07620 is the Most Expensive Zip Code in the US

Forbes recently came out with its list of the top 500 most expensive ZIP codes in the United States, and the number one on the top of the list was 07620, which is Alpine, N.J. The average median home price in Alpine is $4.14 million. Sean "Diddy" Combs lives there.

T. Boone Pickens will be speaking at Indiana University Sept. 18

On September 18, billionaire T. Boone Pickens will be speaking at Indiana University presenting "America's Foreign Oil Dependency Crisis." Pickens created the Pickens Plan which promotes solar and wind energy.

Billionaire Larry Ellison Compensation Drops to $84.5 million

Billionaire Larry Ellison, CEO of Oracle, received a compensation package for fiscal 2009 amounting to $84.5 million, down $100,000 from the previous year. But you don't need to feel sorry for him having a drop in pay, since he also generated $124.2 million by exercising 10 million stock options during the fiscal year.

10 Foot House in New York for Sale: Only $2.7 Million

A house that is reported to be the thinnest house in New York at 9 1/2 feet wide, is up for sale for $2.7 million. This Greenwich Village house at at 75 1/2 Bedford St. was the previous home of anthropologist Margaret Mead and poet Edna St. Vincent Millay.

Bitch New York

No, we're not talking about an actress that lives in Manhattan. Do you like to dress up your pet in designer clothes? LuxuryLifestyle.com discovered Bitch New York, which carries everything from fine pet jewelry to designer dog shoes to pet perfumes. They also offer designer dog beds, luxury dog carriers, and trendy designer dog collars.

Warren Buffett Now Buying Foreign Debt and Corporate Bonds

Warren Buffett, head of Berkshire Hathaway (BRK-A), has cut back on stock investments, down to the lowest purchasing level in five years. Instead, he is moving his money into corporate bonds and bonds issued by foreign governments.

If you want your child to become a Billionaire, you should send them to This College

Forbes just completed its first time ever billionaire college study, and concluded that Harvard produces the most billionaires. Some of their graduates include Philip Falcone, John Paulson, Ken Griffin, and of course, Bill Gates of Microsoft (MSFT) who attended Harvard but dropped out.

The $100 Million Dollar Bonus

Andrew J. Hall, at the commodities trading firm Philbro, is entitled to a $100 million bonus due to his successful trading in oil. However, there may be an issue with him getting paid, since his contract is with Citigroup (C) which trades on the NYSE, a bank that has received government bailout funds. This in spite of the fact that he generated $2 billion in trading profits for Citigroup over the last five years. During the 1970's, Philbro was where Marc Rich worked, the billionaire who was pardoned by President Bill Clinton.