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billionaires

Thumbnail image for Number of World’s Millionaires Increased in 2009 Despite GFC

Number of World’s Millionaires Increased in 2009 Despite GFC

The world’s high-net-worth individuals improved their financial position in 2009 despite the Global Financial Crisis (GFC). There are now in excess of 10 million HNW-I’s in the world, and furthermore, their wealth increased by 18.9% to $39 trillion USD. Asian millionaires, led by those in Hong Kong and India, have now overtaken their European counterparts, with the total wealth of Asia’s 3 million millionaires increasing to $9.7 trillion USD, beating the $9.5 trillion USD held by Europe’s richest.

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Thumbnail image for Luxury Real Estate: The $264 Million Home

Luxury Real Estate: The $264 Million Home

When a property in Cannes, France is on the market for €180,000,005 (approximately $264 million USD) there is little doubt that it is prime luxury real estate. Marquette Turner Luxury Homes await with interest to see whom will purchase this home with ocean views of the Mediterranean, in the suburb of La Bocca, and most probably owned by billionaire Turkish-Saudi Arabian businessman and arms-dealer, Adnan Khashoggi.

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Thumbnail image for New York Real Estate: Billionaire Casino Mogul Selling Fifth Avenue Apartment

New York Real Estate: Billionaire Casino Mogul Selling Fifth Avenue Apartment

Billionaire Casino Mogul, Steve Wynn (he of The Bellagio) is selling his New York apartment for $25 million USD. Wynn was the original builder and owner of Vegas’ Mirage and the casino immortalized in the Oceans Eleven remake, the Bellagio.

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