All articles tagged with #luxury lifestyle
A Reddit post showing a nearly new, 138-meter superyacht named Luminance owned by Ukraine's richest man, Rinat Akhmetov, has sparked debate about wealth inequality and environmental damage, highlighting the stark contrast between the ultrawealthy and the suffering caused by war and climate change.
Gabe Newell, billionaire CEO of Valve, works remotely from his $250 million superyacht Tranquility in the Mediterranean, blending his passions for gaming and luxury living, with a routine that includes work, scuba diving, and streaming, all while enjoying the yacht's lavish amenities.
Kylie Jenner shared a dreamy Tuscany-based GRWM video showcasing her morning routine amidst Italian villas and gardens, blending luxury travel with beauty content, which received enthusiastic fan reactions and highlights her evolving social media presence.
A Gurugram resident's LinkedIn post reveals that maintaining a luxury lifestyle in an expensive neighborhood requires a monthly pre-tax income of Rs 7.5 lakh, highlighting the high costs associated with affluent living and sparking online debate.
RH has announced its financial results for the third quarter of fiscal 2024, ending November 2, 2024. The results were shared in a letter from CEO Gary Friedman, available on the company's investor relations website. RH will host a live conference call and webcast to discuss the results. RH is a luxury lifestyle brand offering products through various platforms, including retail galleries and online.
Two luxury real estate brokers, Tal and Oren Alexander, along with their brother Alon, have been charged with sex trafficking in New York, accused of assaulting dozens of women over a decade. The brothers allegedly used their wealth and status to lure victims, providing drugs and luxury experiences. The charges follow civil lawsuits and a federal investigation, with parallels drawn to the #MeToo movement. The Alexanders, known for high-profile real estate deals, stepped down from their firm amid the allegations.
Wealthy Americans are increasingly buying homes in Scottsdale, Arizona, and Jackson Hole, Wyoming, attracted by their natural landscapes, luxury lifestyles, and lower taxes. Scottsdale is becoming a popular full-time residence for CEOs, entrepreneurs, and retirees, while Jackson Hole is more often a vacation spot for the ultra-rich. Scottsdale, part of a fast-growing millionaire hub, offers a more livable environment, whereas Jackson Hole is known for its remote luxury estates and vacation appeal.
Exiled Chinese businessman Miles Guo is on trial in New York for allegedly scamming his followers out of over $1 billion to fund a lavish lifestyle. Prosecutors claim Guo used his online influence to pitch fraudulent investments, while his defense argues his businesses were legitimate and aimed at opposing the Chinese Communist Party. Guo faces multiple charges including fraud and money laundering.
Sean "Diddy" Combs' $40 million Los Angeles mansion was raided by Homeland Security in connection with a sex trafficking investigation. The lavish estate features a modern colonial-style mansion with a large swimming pool, basketball half-court, and manicured gardens. Diddy has shared glimpses of his luxurious lifestyle on social media, including his elegant gourmet chef’s kitchen, personal fitness center, and contemporary living room adorned with colorful modern art pieces. He resides in the mansion with his seven children and is facing various lawsuits, including allegations of assault and human trafficking, which he has denied.
Janet Yamanaka Mello, known as the "Gucci Goddess," pleaded guilty to defrauding the US Army of $108 million and using the money to fund a lavish lifestyle, including purchasing luxury homes, cars, and high-end fashion items. She created a fake business to siphon the funds and now faces a potential prison sentence of 125 years, although this may be reduced due to a plea deal. Mello's husband has not been charged, and the government plans to recoup the stolen money from her properties and bank accounts.
Soldiers and police in Ecuador discovered a prison in Cotopaxi with a secret luxurious setup including a pool, nightclub, double beds, designer clothes, and other amenities for well-off inmates. The raid comes as the government battles to regain control of prisons influenced by notorious gangs, with President Daniel Noboa declaring a 60-day State of Emergency allowing military intervention. The discovery follows the escape of gang leader José Villamar and a surge in gang-related violence, prompting proposed security referendum questions that were partially blocked by Ecuador's Supreme Court.
Janet Yamanaka Mello, accused of defrauding the US Army of $100 million, has been allowed to retire with full benefits despite ongoing criminal investigation. Mello, who claims she "earned" her retirement, allegedly used the funds to purchase over 30 homes, luxury cars, and jewelry. Her retirement benefits are protected under federal law, and her attorney states that she will likely sell some possessions to reimburse officials. Mello faces charges including mail fraud and engaging in monetary transactions with criminally derived proceeds, with a potential maximum prison sentence of 142 years if found guilty.
Linda Andrade, known as the "Original Dubai Housewife" on TikTok, has admitted to exaggerating her lavish lifestyle in order to gain attention and grow her platform. While she portrays herself as a "millionaire's wife" and posts videos of shopping sprees and expensive purchases, Andrade revealed that many of her posts are satirical and not entirely accurate. She has faced backlash for her content, with some viewers finding it out of touch and insensitive. However, Andrade believes that the criticism has helped her go viral and increase her audience, as she aspires to become a reality TV star. She plans to pivot away from controversial content once she reaches 1 million followers and create a more reputable brand for herself.
A German museum employee stole a painting from the Deutsches Museum in Munich, replaced it with a fake, and sold the original to fund a luxurious lifestyle, including purchasing a Rolls Royce and expensive wristwatches. He also stole three other artworks and successfully sold two of them. The man received a 21-month suspended sentence and was ordered to pay back the museum over 60,600 euros. The museum is making efforts to recover the stolen paintings.
Kevin Costner and his estranged wife, Christine Baumgartner, appeared in court for a child support hearing, where Baumgartner's lawyers requested $161,592 a month in child support, arguing that luxury is ingrained in their children's DNA. Costner's team argued that the requested amount is excessive and disguised spousal support. The hearing will determine the monthly payments for their three children. Baumgartner became emotional when discussing their former life together and choked up when questioned about Costner's ranch, where they wed. The judge adjourned the court briefly to allow her to regain her composure.