We keep hearing that this is the age of rapid urbanization: By 2050, 70 percent of the world’s population will live in cities. But in the United States, the people moving into those cities are largely rich, white, and childless. What’s more, not as many of them are moving as they were a few years ago.
Imagine owning more than one Apple Watch. Once you stop laughing, consider this: Someone at Apple thinks there’s enough interest in owning multiple Apple Watches to warrant a special feature.
In a savvy PR maneuver, today Mark Zuckerberg used the birth of his daughter Max to advertise to the world the fact that he’s decided to give away 99% of his Facebook shares (roughly $45 billion today) to charity (over the course of the rest of his life, not all at once). It sounds angelic, but it will probably end up…
Although 81 percent of the state is experiencing an "extreme drought," for many parts of California there is no apparent water shortage. Visit the highest-income neighborhoods and you'll see lush lawns and sparkling fountains defiantly sucking our lifeblood from the Earth. Apparently, as reporter Ann Louise Bardach…
For about $2,000 a month, Bloomberg Terminals seem like a tremendous waste of money for anyone but the avid trader. But! Did you know that insane price comes with access to a special classifieds section, populated exclusively with stuff from other overpaid Bloomberg subscribers? It's called POSH, and it's kind of…
The owners of this 8-bedroom Victorian mansion in South London apparently had a knack for juxtaposing classic architecture and high tech goodies. Case and point: this meticulously detailed cockpit for would be astronauts in the attic.
Sea-raping mega-oil firm Shell has a new rig to launch, and like any enormous company, it decided to celebrate with a private party atop Seattle's Space Needle. The crown jewel? An oil rig-shaped cake which sprays liquor! Into your face.
Look, I know some people are rich beyond belief. They use $100 bills for toothpicks, stitch money together for blankets, whatever. But even if you're THAT rich, you're a complete idiot for paying $7,500 for an e-mail address.
I'm all for spending money anyway you want to—grills, watches, boulder-sized rings, blinging chains—but come on, paying $15,000 for diamond and gold contact lenses is stupid. When did sacrificing your eyes become cool?
Lest we forget that the mega-rich simply do not think like we common folk, take a look at this lawsuit from Oracle founder Larry Ellison. Updated.
Ferrari's limited-edition 510-horsepower 16M convertible comes packaged with a limited-edition iPod touch of its own. The touch is loaded with Ferrari-related videos and music as well as, bizarrely, Ferrari engine noises.
The LiveSpark Fireplace features music-reactive flames, meaning, like a real-life visualizer, that the fire will jump and shrink itself based on the thumping beats it detects.
Some cell phones are so super luxurious that it's just getting out of hand. Wired magazine searched the world over for the most expensive, most ostentatious, and sometimes just the most downright craziest cellphones, showing us that some shit-for-brains rich people will buy anything, going to any lengths to get rid of…