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Rich people buy luxury real estate in 'power markets," where they flock to multi-million-dollar properties. Location is paramount when money is no object, whether a home is steps from the beach, tucked in the mountains, or in the heart of a city. The world's richest people own $2.7 trillion worth of real estate, according to Wealth-X, and they flock to many of the same cities to buy...

Ever since the Bugatti Chiron was launched, with a 261-mph speed limiter, we've been desperate to know what it could manage if let off the leash. Now Bugatti has done that at the vast Ehra-Lessien test track in Germany; the car smashed both the production-car record and the 300-mph barrier. Factory test driver Andy Wallace, who previously set production-car records in both the Jaguar XJ220 and...

The Bank of Thailand’s Monetary Policy Committee has made a surprise decision today to cut the policy interest rate amid pressure to avert an economic slowdown and hedge the heightened trade war between the US and China. The MPC cut the interest rate by only 25 basis points to 1.5 %. But the cut is significant. Of the seven-member committee, five voted for the cut while two voted to maintain the rate at...

There’s so much to see and do in Dubai that you wouldn't get through it all in one week, let alone one day. But, if you’ve got less than 24 hours to make your way through the city’s biggest and best attractions, this is how to make it count. 8 am Start your day with a morning drive in the desert. Half-day tours are available from Arabian Adventures. These take a drive through the Dubai Desert...

This impressive mansion is Nottinghamshire's most expensive house With a helicopter pad and a panic room, James Bond wouldn't look out of place in this seven-bedroom luxury home. The property - which is the most expensive in the region - also boasts of elaborate dressing rooms, cinema room, bar, staff quarters, well as a basement state-of-the-art swimming pool, sauna and gym. And for a cool £10...

A spate of recent home launches from Dior, Gucci, Loewe, and more reveals a red-hot market for high-fashion home furnishings—one that is only expected to grow Luxury clothing labels are wandering from the wardrobe into the living room. Louis Vuitton is selling swing chairs. Gucci offers candleholders that it recommends repurposing as flowerpots. Hermès does wallpaper. These offerings go beyond the...

With the introduction of new materials for furniture design, wood holds its own. For a timeless material, wood is experiencing a contemporary revival. With global interest in craft, collaborations between traditional craftsmen and designers are on the rise, making wood the material to watch. From the traditional woodworking enclaves of Asia, to the industrial workshops of Brooklyn, a new generation of...

Hillside homes in this Santa Barbara, California, area have to-die-for views and lots of space for running around. The secluded hillside estates in Montecito, which lies 80 miles west of Los Angeles, between the Pacific Ocean and the Santa Ynez mountains in California’s Santa Barbara County, are a paradise for Hollywood stars and the super rich who want to live in splendid isolation. Chic, yet somewhat...

London venue where the Rolling Stones and U2 played their early gigs is for sale A hub for music acts since the Sixties, major names such as The Jam also staged early gigs at the W9 venue. Now set for a new life, it’s on the market at £6.5 million with Lambert Smith Hampton.   Read...

The longer I work as a real estate broker, the more I am convinced that my profession should do a better job of educating the public about real estate agents and brokers. Few home buyers and sellers seem to really understand how real estate agents work, or how to follow protocol, who pays us and why we do the things that we do. Ask what the public does know, and you'll hear all kinds of myths. Because...