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wall street journal

Thumbnail image for From One Billionaire to Another: Formula 1 Heiress Buys Candy Spelling’s Mansion

From One Billionaire to Another: Formula 1 Heiress Buys Candy Spelling’s Mansion

Candy Spelling’s massive 57000 square foot property on 5 acres in Holmby Hills, CA has sold to Formula One heiress Petra, daughter of Bernie Ecclestone for a price in the vicinity of $150 million USD.

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Thumbnail image for New Report Reveals Countries with Most Millionaire Households

New Report Reveals Countries with Most Millionaire Households

The 2011 Global Wealth Study from Boston Consulting Group reveals the countries in the world that have the most number of millionaire households, with Singapore having the most relative to its population and the United States the most number overall.

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Thumbnail image for How to Make the Perfect Daiquiri

How to Make the Perfect Daiquiri

Daiquiri: “A classic combination of rum, sugar and fresh lime juice. It is the perfect treat to savor at any time of the day, wherever you may be,” says Erik Lorincz of the American Bar at the Savoy Hotel, London.

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$100 Million Silicon Valley Estate is Highest Price Ever Paid in United States

A Russian billionaire investor paid $100 million USD for a French chateau-style mansion in Silicon Valley, marking the highest known price paid for a single-family home in the U.S. The purchase of the 25500 square foot home in Los Altos Hills, California underscores the strength of some luxury properties in an otherwise depressed housing market.

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Thumbnail image for Millionaires Need $7.5 Million USD to “Feel” Wealthy in 2011

Millionaires Need $7.5 Million USD to “Feel” Wealthy in 2011

A survey of more than 1,000 millionaires (households with at least $1 million in investible assets, excluding retirement accounts and real estate), 42% of respondents say they don’t feel wealthy. To “feel” wealthy they need at least an average net worth of $7.5 million USD.

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Thumbnail image for The Problems with Reading a Daily Newspaper

The Problems with Reading a Daily Newspaper

With the introduction of technology, the worldwide web and on line publications, the reading of the daily newspaper is dwindling. This suits luxury real estate agent Christine Watson of Marquette Turner Luxury Homes who states that her problem with reading the Sydney Morning Herald and The Australian broadsheets is down to her stature.

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