A new yacht launched by Lürssen, the German luxury boat builder, is now the largest motor yacht in the world. It’s name is Azzam, and at 590 feet long, it has officially bumped Roman Abramovich’s yacht— the 536-foot Eclipse — from its number one ranking. Lürssen won’t say who owns …
The BBC’s Nga Pham asks whether the arrest earlier this month of Vietnamese tycoon Nguyen Duc Kien is linked to a battle between top leaders over the country’s rapid economic growth, among other issues. Watching Nguyen Duc Kien on the sidelines of Hanoi’s Hang Day stadium, the training ground for …
It is perhaps the most coveted party invitation of the year, with the likes of Beyoncé, the Black Eyed Peas and Prince providing entertainment for a carefully-selected few. This year Roman Abramovich, the billionaire Russian oligarch, plans to eclipse his previous New Year’s Eve celebrations by spending more than £5 …
Teodorin Obiang ordered design of yacht worth three times Equatorial Guinea’s health and education bill, says watchdog The playboy son of one of Africa’s most notorious dictators commissioned plans for a luxury superyacht costing $380m (£234m) – nearly three times his country’s combined health and education budgets, according to a …
The days following New Year’s Eve traditionally are a time for reflection. Those wishing to excel in the year ahead tend to review their previous accomplishments and consider areas for improvement. More often than not, though, especially for those living among the upper class’s notoriously mercenary leadership, the self-examination takes …