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Sabtu, 20 April 2013

Live Fast Die Younger

Live fast, die younger: Actors, singers and sportsman 'die seven and a half years before other high achievers'

    Analysis of successful people found those in the public eye died younger
    Elvis Presley, Jimi Hendrix and more did not realise their potential
    Young people considering chasing fame 'may face early death'




Stars such as Kurt Cobain, formerly of hit grunge band Nirvana, are more likely to die young, according to new research
Elvis Presley died in 1977, grossly overweight and addicted to drugs. In his prime he was the biggest music star the world had ever seen
Too soon: Best-selling novelist Ernest Hemingway was just 61 when he killed himself
Waste: American rocker and musical pioneer Jimi Hendrix was just 27 when he died, apparently from an overdose. His career in the musical mainstream lasted just four years


Fame really does have a price, research shows.

An analysis of the lives and deaths of almost 1,000 successful people found that pop stars, sportsmen and actors were more likely to die young.

The price of fame equated to up to seven and a half years of life, with military top brass living on average almost eight years longer than sports stars, singers and other performers, a medical journal reports.

The idea that musicians die young has long been a source of fascination, with the deaths of the likes of Elvis Presley, Jimi Hendrix and Jim Morrison still fodder for books and films decades later.

Using information from New York Times obituaries, the Australian researchers proved the trio to be far from from the exception to the rule.

They took obituaries published between 2009 and 2011 and pulled out information such as age of death, cause of death and occupation.

It was assumed that those deemed worthy of an obituary in the newspaper had had a successful career.

The analysis showed that performers, including actors and singers, died the youngest.

Their average age of death was 77 years and one month. In contrast, military personal were the longest lived, clocking up 84 years and 8 months, on average.

Sportspeople also fared badly, dying on average at the age of 77 years and 5 months. Writers and other ‘creatives’ weren’t far behind, with an average lifespan of 78 and a half.

In contrast, businesspeople and politicians tended to join army-types in living in to their 80, the article in QJM: An International Journal of Medicine reports.

Early deaths were linked to accidents and infections, including HIV and cancer.

Lung cancer deaths, which the researchers said were an indication of long-term smoking, were most common in those whose career was performance-based.

The study’s authors said that young people considering chasing fame may face the choice of fulfilling their career potential or living longer.

They added that while the results don’t prove anything, they raise some interesting possibilities, from pop stars indulging too much while famous, to them self-medicating afterwards.

Professor Richard Epstein, of St Vincent’s Hospital in Sydney, said: ‘First, if it is true that successful performers and sports players tend to enjoy shorter lives, does this imply that fame at younger ages predisposes to poor health behaviours in later life after success has faded?

‘Or that psychological and family pressures favouring unusually high public achievement lead to self-destructive tendencies throughout life?

‘Or that risk-taking personality traits maximise one’s chances of success, with the use of cigarettes, alcohol or illicit drugs improving one’s performance output in the short term?

‘Any of these hypotheses could be viewed as a health warning to young people aspiring to become stars.’

Another recent analysis of rock and pop stars found that many of those who died young had been abused when young.

The British researchers said that the trappings of a rock and roll lifestyle may be especially attractive to those who have had an unhappy childhood.

Kamis, 18 April 2013

Lesbian Girl Needs Boyfriend - Get £40m !

Men queue up for £40m job to 'convert lesbian' as she laughs at father's offer to any man who could turn her straight

    Property magnate Cecil Chao Sze-tsung offered the huge bounty to the man who can sweep his daughter of her feet - even though she is married to her long-term girlfriend
    Offers have already begun to flood in from across the world including from from war veterans and and gay men


Dismissed nuptials: Lesbian Gigi Chao, has laughed off her father Cecil Chao's efforts, to find her a husband after he offered £40million to any man who could convince into a heterosexual marriage
Spat: Cecil Chao, is said to have been upset when his daughter Gigi, announced at an event in Beijing that she had tied the knot with her long-term lover, Sean Eav, five months ago




Couple: Gigi Chao, right,and her girlfriend of seven years Sean Eav, had a church blessing in France

The lesbian daughter of a billionaire playboy has laughed off her father's 'marriage bounty' of nearly £40 million to any man who can turn his daughter straight.

One of Hong Kong's richest men, Cecil Chao Sze-tsung, made the offer after his daughter Gigi married her girlfriend of seven years Seab Eav in France.

And surprise, surprise, the offers have already started arriving thick and fast from men all over the globe.

Refusing to accept the gay union, the property and shipping tycoon pledged the fortune to any potential male suitor able to walk Gigi down the aisle at a traditional wedding.

But his daughter, a 33-year-old University of Manchester graduate said she thought the HKD500 million Hong Kong dollar offer - the equivalent of £39.8 million - was 'quite entertaining'.

‘War veterans from the US, someone from Ethiopia, from Istanbul, South America, Portugal, really just from all over the world,’ she said.

One American suitor wrote: ‘I’m interested in the offer. I am a male person, who also happens to be gay.’


Another put up his brother, a  body double to George Clooney  in the 2008 film Leatherheads, as a potential mate.

The hopefuls, however, seem to be wasting their time.

Miss Chao insists she will not be ditching her partner – no matter the quality of man her father’s millions can buy.

Hong Kong billionaire Mr Chao, 76 – who claims to have slept with 10,000 women – has refused to accept his daughter’s sexuality, hence his  ‘marriage bounty’.

‘My father has an interesting interpretation of me,’ said Mrs Chao, a Manchester University graduate.

‘Homosexuality is still an uncomfortable issue for many people.’

She refused to confirm reports of her nuptials on April 4, stating: 'I'm not afraid to admit anything. But I do want to respect my parents.

'Let time be the witness.'

‘I don’t mind whether he is rich or poor – the important thing is that he is generous and kind-hearted,’ he said of the ideal husband for his daughter.

‘Gigi is a very good woman with both talents and looks. She is devoted to her parents, is generous and does volunteer work,’ he told the South China Morning Post.

Same-sex marriages are not recognised in Hong Kong.

According to reports, the spat between Mr Chao and his daughter erupted last week when she announced at an event in Beijing that she tied the knot with her long-term lover, Sean Eav, five months ago.

A regular on the city’s social circuit and in celebrity magazines, Mr Chao has never been married. Gigi is the oldest of his three children with three mothers.

In addition to the dowry, he has also offered to start his potential son-in-law up in his own business.

He said the prize money was ‘an inducement to attract someone who has the talent, but not the capital, to start his own business’.

Miss Chao graduated from university in 1999 with a degree in architecture. She went on to work for two years with prominent British architect Sir Terry Farrell.

Rabu, 17 April 2013

The World's Most Spoiled Kids

Meet the Most Spoiled Kids in the World


 Nicky Hilton and Paris Hilton attend de Grisogono Glam Extravaganza at Hotel Du Cap Eden-Roc on May 23, 2012 in Cap D'Antibes, France


Most kids would be thrilled by a trip to Disney World. But for Suri Cruise a trip to the Magic Kingdom isn't complete without a night in the invitation-only suite at Cinderella's Castle.

And she isn't even the most spoiled kid on this list.

Petra and Tamara Ecclestone, daughters of Formula One racing honcho Bernie Ecclestone

Petra and Tamara, the gorgeous and pampered offspring of Bernie Ecclestone, are known for their extravagant spending on everything from handbags to real estate — Petra famously bought an $85 million mansion in L.A. last year.

The daughters, ages 23 and 28, reportedly have access to their father's $4.8 billion-dollar trust, and while Bernie lets them make spending decisions on their own, he hasn't been happy with how they've squandered their inheritance.

"The kids have had access to the money," Ecclestone told The Telegraph last year. "The idea was that they'd buy super-quality property, property that would be long term, for their kids and everything else. Didn't happen. They haven't done that. So they've had access to money which they've spent."

Suri Cruise, daughter of Tom Cruise and Katie Holmes

Suri has been making tabloid covers since she was born, more often than not for the attention her famous parents lavish on her.

This summer when Tom whisked Suri off to Disney World, the six-year-old stayed in Cinderella's Castle Suite — an apartment originally designed for the Walt Disney family in the Magic Kingdom that cannot actually be booked and is normally reserved for special events, according to People.

It's been reported that Suri's wardrobe is worth $3 million and includes coveted items such as a $2,140 Dolce & Gabbana red trench coat and a rack of dresses from designers like Marc Jacobs, Chloe, Burberry and Juicy Couture.

But exclusive vacations and high-end clothes aren't the only costly things in Suri's life. Mail Online recently reported that Suri's mom is planning to surprise her daughter with an eight foot, $24,000 Grand Victorian Playhouse for Christmas which comes equipped with running water, electricity, and extensive landscaping.

Valentina Paloma Pinault, daughter of Salma Hayek and François-Henri Pinault

Valentina is already attending art galas in Italy, vacationing in St. Barts, and working red carpet premieres. But that's what's expected when you're the daughter of a famous movie star and a luxury goods tycoon.

The pint-sized diva is said to be full of personality and brains, just like her parents, Salma Hayek and François-Henri Pinault. She's often caught sticking her tongue out to paparazzi and can speak three languages, English, Spanish, and French.

Her father spends $50,000 a month for a $12 million Los Angeles estate held in trust in Valentina's name, according to Hollywood Life.

Justin Dior Combs, son of Diddy

Justin Combs, 18, is one lucky kid: for his sixteenth birthday, his rap legend father handed over the keys to a $360,000 silver Maybach, according to US Magazine.

His lavish birthday bash, which was attended by several members of the "Jersey Shore" cast, was featured on an episode of MTV's "My Super Sweet Sixteen."

Justin may live the good life, but he's also a well-rounded teen: he's currently attending UCLA on a hard-earned football scholarship.

Emme Anthony, daughter of Jennifer Lopez and Marc Anthony

Four-year-old Emme was spotted sitting front and center at the Paris Fashion Week show in October donning more than $2,400 worth of Chanel accessories, including a $310 brooch and a $2,100 bag, according to US Magazine.

But Paris is no big deal for Emme or her twin brother Max, who are used to jetting off in their mom's private plane to international destinations such as Italy, Britain, and Spain. Most recently, the twins accompanied Jennifer to Istanbul, Turkey, when the singer performed for the first time ever.

The twins aren't only spoiled by their mom. The tots' godfather, superstar Tom Cruise, dotes on them, too and reportedly threw them a "$200,000 'Welcome to the World' christening party, complete with matching designer outfits." Rumor has it that the twins were also given diamond rattles, reports Xfinity.

Sheikh Hamdan bin Mohammed bin Rashid al Maktoum, Prince of Dubai

The 29-year-old crown prince of Dubai and son of Mohammed bin Rashid Al Maktoum, the Prime Minister of the United Arab Emirates, leads a charmed life.

For starters, he drives a diamond-studded, mink-finished Mercedes that's worth an estimated $4.8 million and cruises in the world's largest yacht, which has a $300 million price tag.

He also has an affinity for practicing sports and spends his days scuba diving, sky diving, jet skiing, and body boarding.

He also enjoys traveling. When he was in New York in June, the Prince ordered a $1,000 dessert, which was served in a $300 Baccarat goblet complete with edible gold and Tahitian vanilla ice cream.

Ekaterina Rybolovleva, daughter of Russian oligarch Dmitry Rybolovlev

Rybolovleva, 22, is the college-aged daughter of Dmitry Rybolovlev, a Russian oligarch who's worth an estimated $9 billion.

Last year, she and her dad made headlines when he bought Sandy Weill's $88 million penthouse on the Upper West Side, supposedly for his daughter to use when she is in New York City.

It's the single-most expensive apartment in the Big Apple, according to the International Business Times.The 6,744 square foot pad has "10 rooms including four bedrooms, a wraparound terrace of more than 2,000 sq. feet, four bedrooms and two wood burning fireplaces."

And this is just a part-time residence. Ekaterina also has homes in Monaco and Switzerland, where she has split her time over the last 15 years.

Peter and Harry Brant, sons of Peter Brant Sr. and Stephanie Seymour

The 18- and 15-year-old sons of media mogul Peter Brant and former supermodel Stephanie Seymour have made a name for themselves on NYC's social scene in recent years.

They grew up on a 53-acre spread in Greenwich Conn., surrounded by art and fashion. But their expensive tastes have veered towards the flamboyant — for this year's Met Ball, which they did not actually attend, "they had planned to arrive in a gold-plated Rolls-Royce accompanied by a baby panther wearing a diamond necklace," according to a recent profile in Vanity Fair.

Until recently, the brothers flaunted their lifestyle with tweets ("Triumphant Return To Paris!! (we've missed the city of lights during the 5 days since we were last here) haha") from a shared Twitter account. But after an unsavory Twitter joke about killing the President, Peter lost his Twitter privileges, according to Fashionista.

Blue Ivy Carter, daughter of Beyonce and Jay-Z
Blue Ivy Carter, the daughter of singer Beyonce Knowles and rapper Jay-Z, was an A-lister before she was even born.

At 11 months old, she's already better dressed – and has a bigger wardrobe – than most Americans.

In March, the celebrity baby was spotted wearing $66 Little Marc Jacobs Baby Mouse slippers. Fashion & Style reported that little Blue Ivy also naps in a $3,500 lucite crib from NurseryWorks VETRO and bathes in a $5,200 pink Swarovski crystal encrusted bathtub, a gift from her aunt, Kelly Rowland.

When she's not snoozing or soaking in style, Miss Carter jets off with her famous parents on their $39.1 million private jet or cruises around the Mediterranean on her family's $40 million super-yacht. Not too bad for a baby who can't even talk yet.

Liesel Pritzker, heiress to the Hyatt hotel fortune


28-year-old Liesel Pritzker, best known for her feature role in the 1995 Warner Bros film A Little Princess, is one of 12 grandchildren with stakes in the enormous Hyatt hotel fortune.

In 2002, when she was a freshman at Columbia, she and her brother sued their father and other family members claiming they had been cheated out of their inheritance. The pair won a reported $560 million settlement.

Several years later she put her money to good use and spent $6.2 million to purchase a castle-like Upper West Side apartment.

But this isn't Liesel's only Manhattan spread. She also owns a $2.29 million condo near the Columbia campus. “I figured that it would make more sense to buy,” she told The New York Times. Princesses don’t rent.

Haji 'Abdul 'Azim, Prince of Brunei

For his 30th birthday, Prince Azim of Brunei pulled out all the stops and invited A-listers like Pamela Anderson and Marisa Tomei to an enormous celebration at the Dorchester Hotel in London.

But lavish parties have always been his thing. In 2009, the billionaire playboy reportedly threw the "Party of the Year," spending over 70,000 euros on the flowers alone.

Guests can always count on leaving the Prince's celebrations with some pretty stellar party favors, including iPods, diamond jewelry, and luxury Crème de la Mer face creams.

And if you're a real bestie, he may just spoil you rotten. Mail Online reports that the Brunei Prince gifted $6 million worth of jewels to long-time friend Mariah Carey in 1996.

Anastasia Potanina, daughter of metals giant Vladmir Potanin

The 28-year-old Russian is the daughter of Vladmir Potanin, the metals and media magnet who owns Russian versions of MTV, VH1 and Cosmopolitan magazine.

Beyond just being rich and beautiful, Anastasia was a world champion in aquabiking, which is essentially competitive jet skiing.

The heiress is also a very good skier, in part thanks to the indoor slope her father built for her at his home in Moscow.

After breaking her leg, Anastasia has quit aquabiking to pursue a career in sports management.

Brandon Davis, grandson of oil tycoon Marvin Davis

Davis, a 32-year-old oil heir and frequent pal of Paris Hilton, is commonly in the tabloids for drug charges infractions, alleged nightclub brawls, and crude, often inappropriate humor.

He famously dated actress Mischa Barton, and then referred to her as a "heifer" on Twitter when they broke up in 2010 and was caught on tape soon after calling Lindsay Lohan "a fire crotch."

Though the personal life of this American socialite is somewhat disheveled, Davis has shown glimmers of business acumen.

In 2011, he brokered what many consider to be one of the largest real estate deals in Hollywood history, the $85 mansion deal with Berni Ecclestone's daughter Petra, according to The Daily Mail.

Davis, or Greasy Bear, as he's often called in the tabloids, is worth an estimated $55 million.

Vorayud Yoovidhaya, grandson of Red Bull founder Chaleo Yoovidhya

Forbes magazine ranked the Yoovidhaya family as the fourth richest family in Thailand this year, with an estimated net worth of $5.4 billion.

But the grandson of Red Bull creator Chaleo Yoovidhya, is known for milking his family's deep pockets for all they are worth.

In October of this year, 27-year-old Vorayud Yoovidhaya was accused in the hit-and-run death of a police officer and had his father pay the officer's family $97,000 to stall the civil lawsuit.

The car involved in the accident was a Ferrari and is valued at about $1 million.

Prince Pierre Casiraghi, Son of Princess Caroline of Monaco

Prince Pierre Casiraghi, 25, is third in line to the throne of Monaco. But his royal responsibilities haven't stopped him from living extravagantly.

In fact, he reportedly dropped out of school and is known as the "party prince," according to The Daily Mail.

Prince Pierre supposedly regularly appears at nightclubs around Europe and the U.S., dropping cash on expensive bottles.

Earlier this year, he wound up in the hospital after a brawl with a nightlife impresario at a Manhattan club, who later told The New York Post that the prince and his entourage “were being completely obnoxious,’’ insulting the models and swigging from a $500 bottle of vodka on his table.

He's now suing the club, Double Seven.

Paris and Nicky Hilton, daughters of Rick and Kathy Hilton


The Hilton sisters, heirs to the $300 million Hilton hotel fortune, are American socialites who've gained fame and (more) fortune because of their wealthy parents.

While Nicky's name has long been overshadowed by her older sister Paris, who starred in the long-running reality series The Simple Life, both women have launched numerous clothing and accessory lines that have made splashes in the U.S. and overseas.

The sisters are also known for living fabulously lavish lifestyles which include partying with celebrity pals such as Kim Kardashian and Brandon Davis, blowing through daddy's dollars on extravagant vacations to France and Aspen, and purchasing multi-million dollar houses around Los Angeles.

Samuel Irving Newhouse IV, heir to the Conde Nast fortune


Sam is the grandson of Condé Nast chairman S.I. Newhouse and a member of one of America's most powerful media families.

Newhouse, who got married back in 2009, recently sold his TriBeCa loft for $2.7 million, $300,000 more than he paid for it several years earlier, according to The Observer. There was no mortgage filing on the listing when young Newhouse bought it, which suggests he paid cash, The Observer noted at the time.

Like other heirs of his ilk, he also appeared in the 2003 documentary "Born Rich."

Egypt Daoud Dean, son of Alicia Keyes and Swizz Beatz

The son of singer Alicia Keyes and rapper Swizz Beatz is already living the good life and he's barely two years old.

He's been spotted rocking courtside seats with mom and dad at various New York Knicks game and regularly flies off in Swizz Beatz's private jets to destinations like Hawaii and London.

When he's not cheering on his favorite team or vacationing in style, Egypt is said to have playdates with other celebrity babies like singer Mariah Carey and rapper Nick Cannon's twins, Monroe and Moroccan.

Egypt got his unique name after his mom had a breakthrough moment while traveling in the country for work.

Senin, 15 April 2013

Top 10 Tech Billionaires

Zuckerberg, Gates, Bezos, Page, and Brin (but no women) among world’s top 10 tech billionaires


Google, Microsoft, Facebook, and Apple are not just engines of technological innovation in America — they’re also the path to Forbes’ World’s Billionaires list, which was just updated. But there is a little catch.

You gotta be a man.

Eleven of the world’s richest billionaires are wealthy primarily because they founded a technology company or own a significant stake in a technology company. That includes people like Bill Gates, who founded Microsoft and is worth $67 billion (and would probably still be the world’s richest man if he had not given away so much of his wealth). And CEOs like Larry Ellison, who founded Oracle and is currently the owner of not just a small Hawaiian island but also a fortune valued at $43 billion.

One problem?

Not a single woman is on the top 10 billionaires list, and just one woman is in the top 11. And that is due to inheritance more than founding a company:

    Bill Gates: $67 billion
    Larry Ellison: $43 billion
    Jeff Bezos: $25 billion
    Larry Page: $23 billion
    Sergey Brin: $22.8 billion
    Michael Dell: $15.3 billion
    Steve Ballmer: $15.2 billion
    Paul Allen: $15 billion
    Mark Zuckerberg: $13.3 billion
    Azim Premji: $11.2 billion
    Laurene Powell Jobs and family: $10.7 billion

Facebook’s Mark Zuckerberg is the youngest top tech billionaire, at just 28, followed not all that closely by Google’s Page and Brin, both of whom are still thirtysomething but will only be able to say that for one more year.

An interesting question: Who will be the first woman to make it on the list due to her standing as a tech founder or CEO?

Yahoo CEO Marissa Meyer might be a top candidate, but her potentially $60 million compensation first-year package at Yahoo is only a drop in the billionaire’s bucket. She’s only like to make it if she gets a lot more stock-based compensation and Yahoo’s value goes through the roof.

That’s something that women like Change.org president and COO (and former Google exec) Jennifer Dulski is trying to change, as we reported a month ago. But given the 10-15 years it takes a company to attain the kind of scale that supports multibillion-dollar valuations, it may take us some time to see who successful they will be.

The Top Secret How To Use and Get Caviar Moisturizer Every Night

Donald Trump's 7-Year-Old Son, Barron, Uses Caviar Moisturizer Every Night 

Melania Trump, model, businesswoman and wife of Donald Trump, doesn't cut corners when it comes to raising her son, Barron. When it comes to clothes, he dresses in suits like his dad. When it comes to skincare, he uses mom's caviar-enhanced skincare line.

You read that correctly. The 7-year-old Barron uses Melania's Caviar Complex C6 moisturizer every night after his bath.

"It smells very, very fresh," Melania, who launched the skincare line exclusively in Lord & Taylor this week, told ABC News. "I put it on him from head to toe. He likes it!"

When Melania says "caviar," she means it. It is a key active ingredient in her entire beauty line, the products of which run from $50 to $150. She imports the caviar from a cultured sturgeon farm in the South of France, where it is harvested at optimal ripeness to maintain the nutrients, according to a press release.

It might come as no surprise that the Slovenian beauty is eager to pamper her boy. Barron is her only son and Donald's youngest. She gave birth to him in 2006, one year after marrying Donald.

Melania has said being a mother is her top priority.

"I am a full time mom; that is my first job," she told Parenting magazine in September. "The most important job ever. I started my business when he started school. When he is in school I do my meetings, my sketches, and everything else. I cook him breakfast. Bring him to school. Pick him up. Prepare his lunch. I spend the afternoon with him."

But she also allows for some flexibility in her parenting philosophy. "I don’t push my thoughts or likes or dislikes. I want him to grow to be his own person. I think is important to give a child room to make mistakes in order to learn," she said. "Mistakes build wings so later in life they can fly and go on their own. Let them fall once in awhile ... Be their friend and parent as well. When they’re in trouble they will come to you first. Don’t try to change their opinion."

The Donald himself even has a list of tips on how to "raise kick ass kids". One of his pearls of parenting wisdom: Let them know they are exceptional, so exceptional results are expected.

Selasa, 09 April 2013

400-year-old Shipwreck Treasure

Tortugas Shipwreck Treasure Trove Reveals Artifacts, Gold Bars From 400-Year-Old Spanish Galleon






Deep sea archaeologists from the Florida-based Odyssey Marine Exploration have revealed a veritable treasure trove of important artifacts, loose pearls, gold bars and silver pieces recovered from the wreck of a 17th-century Spanish galleon resting 1,300 feet below the surface near the Florida Keys.

The impressive finds were revealed last week in a set of archaeological reports gathered in a book called Oceans Odyssey 3, parts of which are currently available on the Odyssey website. The papers document the estimated 17,000 artifacts originally recovered between 1990 and 1991 in the waters off the Dry Tortugas islands.

According to the Odyssey Marine Exploration website, researchers studying the artifacts have now concluded that the "Tortugas" wreck "is likely the remains of the 117-ton Buen Jesus Nuestra Senor de Rosario, one of the vessels sailing with the 1622 Tierra Firme treasure fleet bound for Spain loaded with the wealth of the New World."

If true, the bounty may also shed light on what brought down the once-mighty Spanish empire, according to The Telegraph. The Tierra Firme fleet, which lost several of its ships in a hurricane, was carrying riches meant to help strengthen the Bank of Madrid, which was floundering in the early 1600s.

The shipwreck "is the most important Spanish galleon to be found because of what its loss meant," British archeologist Sean Kingsley, told The Times of London. "Its loss broke the Bank of Madrid at a time when there was 300 percent inflation in Spain, and it was in serious debt for its endless wars," Kingsley said. "Spain never recovered."

LiveScience notes that the wreck was originally spotted in 1965 by shrimp fishermen, but its depth made recovery difficult until the development of remotely operated vehicles capable of diving that deep.

Many of the artifacts -- including personal items, treasure and weaponry -- are now on display at the Odyssey's online museum. They are also part of the traveling exhibit “SHIPWRECK!” that's currently on display at the Museum of Science in Boston.

Sabtu, 06 April 2013

The World's Most Valuable Real Estate

A Slice of London So Exclusive Even the Owners Are Visitors

Central London is home to some of the world’s most valuable real estate, including the Belgravia district.

LONDON — An odd thing was happening, or rather not happening, as dusk fell the other day across Belgravia, home to some of the world’s most valuable real estate: almost no one seemed to be coming home. Perhaps half the windows were dark.

It seems that practically the only people who can afford to live there don’t actually want to. Last year, the real estate firm Savills found that at least 37 percent of people buying property in the most expensive neighborhoods of central London did not intend them to be primary residences.

“Belgravia is becoming a village with fewer and fewer people in it,” said Alistair Boscawen, a local real estate agent. He works in “the nuts area” of London, as he put it, “where the house prices are bonkers” — anywhere from $7.5 million to $75 million, he said.

The buyers, increasingly, are superwealthy foreigners from places like Russia, Kazakhstan, Southeast Asia and India. For them, London is just a stop in a peripatetic international existence that might also include New York, Moscow and Monaco.

Along Elizabeth Street, home to a Poilâne bakery outlet and tony boutiques, foot traffic the other day was very slow. A Belgravia resident from Colombia, who was shopping at a pet store where dog beds go for $358 and cat blankets for $289, said that there were two English people along her street, and that it was hard to tell whether many of her neighbors were there or not there.

“French, American, Petra Ecclestone” — that would be the daughter of the Formula One impresarioBernie Ecclestone — “and Russians,” said the resident, considering those closest to her. She asked that her name not be used because, she said, she was scared of the Russians on the corner.

London is not the only city where the world’s richest people leave their expensive properties vacant while they stay in their expensive properties someplace else; the same is true in parts of Manhattan. But the difference is that so many of them here are foreign, and that they look to be buying up entire neighborhoods.

“Many areas of central London have become prohibitively expensive for local residents,” a recent report by the Smith Institute, a research group in London, said recently.

Paul Dimoldenberg, leader of the Labour opposition in Westminster Council, said the situation had reached a “tipping point” and was starting to concern lawmakers.

“Some of the richest people in the world are buying property here as an investment,” he said. “They may live here for a fortnight in the summer, but for the rest of the year they’re contributing nothing to the local economy. The specter of new buildings where there are no lights on is a real problem.”

In its report, Savills found that in 2011-12, 34 percent of people buying residential properties in the resale market in prime areas of London — places like Kensington, Chelsea and Mayfair as well as Belgravia — were from overseas, up from 24 percent in pre-crisis 2007. In the most exclusive spots, foreigners accounted for 59 percent of the sales.

This has made parts of London more international, more expensive and more empty. The salesclerk at a Belgravia clothing boutique, who also spoke on the condition of anonymity because she did not want to get in trouble, said that at some times of the year the area was virtually abandoned. “We’ll shut for the whole of August,” she said.

Many foreign purchasers are buying to rent, said Naomi Heaton, chief executive of London Central Portfolio, which represents high-end buyers. “There is a definite concern about ‘lights out London,' ” she said, “but the reality is that half of what is bought is bought for rental.”

But not at the top end, said Yolande Barnes of Savills.

“The very wealthy won’t rent their houses out. Why would they?” she asked rhetorically. “It’s more like buying their own private hotel, really — an alternative to living in a suite at the Dorchester.”

Meanwhile, prices are rising beyond expectation. For single-family housing in the prime areas of London, British buyers spend an average of $2.25 million, Ms. Barnes said, while foreign buyers spend an average of $3.75 million, which increases to $7.5 million if they are from Russia or the Middle East.

Of newly developed properties in what are considered “ultraprime” apartment complexes, those offering hotel-style amenities and apartments priced at more than $7.5 million, 78 percent of purchases last year were made by foreigners, the report said. Brokers are marketing new properties abroad in places like Hong Kong and Singapore even before advertising in Britain, as they did for Cornwall Terrace, a development at the edge of Regent’s Park where houses are priced at $45 million to $87 million.

The most visible, and also the most notorious, of the new developments is One Hyde Park, a $1.7 billion apartment building of stratospheric opulence on a prime corner in Knightsbridge, near Harvey Nichols, the park and the Mandarin Oriental Hotel, which functions as a 24-hour concierge service for residents. Apartments there have been purchased mostly by foreign buyers who hide their identities behind murky offshore companies registered to tax havens like the Isle of Man and the Cayman Islands.

It is rare to see anyone coming to or going from the complex, and British newspapers have been trying since it opened two years ago to discover who lives there. Vanity Fair reported recently that as far as it could discern after a long trawl through records, the owners seem to include a cast of characters who might have come from a poker game in a James Bond movie: a Russian property magnate, a Nigerian telecommunications tycoon, the richest man in Ukraine, a Kazakh copper billionaire, someone who may or may not be a Kazkh singer and the head of finance for the emirate of Sharjah.

One resident, Rinat Akhmetov, the Ukrainian, paid $204 million for two penthouse apartments that he combined into one, at a reported additional cost of some $90 million.

According to The Sunday Times of London, only 17 of 76 apartments, which have been sold for a total of $4 billion, are registered as primary residences, which means that the owners pay only negligible “second home” taxes of a few thousand dollars a year. Mr. Dimoldenberg called the building “London’s Mary Celeste” and said it “contributes nothing to local businesses or London’s economy.”

London’s housing market is at odds with that in the rest of the country, floundering since the 2008 crisis and now hit by a new wave of austerity-driven budget cuts. While housing prices outside the city fell by 10 percent in the last five years, inside London they increased by 21 percent. In Mayfair alone, they rose by 30 percent. A house in Chester Square that sold for $2.4 million as a long-term lease in 1987, Mr. Boscawen said, sold last year, as an outright purchase, for $48 million.

An American who lived for 20 years in a multimillion-dollar apartment in Belgrave Place, and who did not want her name used for fear of alienating her old neighbors, said the quiet could become oppressive.

Most of her neighbors seemed to be away most of the time, and she never met any of them. “So I was kind of excited when a Russian family moved in across the street,” she said. “I put a welcoming note through their letterbox, introducing myself.”

The neighbors invited her to their Christmas party, where she ate caviar, drank vodka and listened to Russian classical music. “I tried to meet people, but they didn’t speak much English,” she continued. “Anyway, that was the last I saw of my neighbors. I think they spend most of their time in Palm Beach.”

Selasa, 26 Maret 2013

The Youngest Tech Millionaires

Yahoo! snaps up British teen Nick D'Aloisio's Summly app for tens of millions

NICK D'Aloisio is young, even by the standards of Silicon Valley's callow crop of entrepreneurs. But the British teenager will fit right in with the technology world's elite after selling his mobile app business in a deal worth tens of millions of dollars.

The 17-year-old from Wimbledon, South London, is the founder of Summly, an app that summarises news stories from media websites. Yesterday he announced that he had sold the start-up to Yahoo!, turning him into one of the world's youngest self-made multimillionaires.

Though the two sides have not disclosed the terms of the deal, the acquisition is thought to be worth about $30million. But Mr D'Aloisio does not feel ready to spend his fortune. "It's in a trust fund," he said. "I'm not thinking about the money. That wasn't my motivation. With the deal, it was about what's the best company to take Summly to the next level. I think that's Yahoo!"

Summly condenses long webpages into text bullet points, which can be read easily on phones. The company's huge valuation comes despite its small size. The free app has been downloaded about one million times, a relatively low number compared with other bestsellers. Summly has a staff of about five but has no way of making money.

But Mr D'Aloisio has built his start-up like a veteran. A student at King's College School in Wimbledon, he had to ask teachers last year to delay his mock GCSE exams to travel to California to seek investors. He secured more than $1.4 million funding, picking up prominent backers such as Li Ka-shing, one of the world's richest men, the actors Ashton Kutcher and Stephen Fry and, in Silicon Valley, Mark Pincus, of Zynga, and Brian Chesky, of Airbnb.

The investment allowed Summly to create a more sophisticated app; the company had deals with about 250 online publishers, including News Corporation, parent company of The Times and The Australian.

Mr D'Aloisio toured television studios yesterday. He said that he had been inspired to create Summly aged 15 while studying for history exams, seeking a better way to absorb large amounts of information. The only moment he betrayed nervousness was in contemplating his fame. "I realised that when we became one of the trending topics on Twitter today," he said. "If anything comes of this, I just want to see more young entrepreneurs."

Mr D'Aloisio is studying for his A levels and hopes to go to university. He lives with his father, Lou Montilla, who works at Morgan Stanley, and mother, Diana D'Aloisio, a lawyer. "I'd like to do another company in the future," he said. "But for now, I want to take Yahoo!'s content and make it really beautiful and great."

He does have one new purchase in mind. "It's a bit of a esoteric one, but I want a shoulder bag," he said. "It's more that I've not had time to buy one yet. It's been a hectic week."

Jumat, 15 Maret 2013

The World's Most Expensive Apartments

Guess who owns world's most expensive apartments? Naomi Campbell's boyfriend, naturally! Multimillionaires of London's One Hyde Park revealed for the first time

    Many owners at One Hyde Park have been revealed for the first time
    Owners include oil billionaires, Kazakh singers and Middle Eastern sheikhs
    Property in the block is sold for as much as £6,000 per square foot



Exclusive: One Hyde Park apartments are owned by a roll call of the some of the world's richest people

It is a central London apartment block with a price tag that only the world's richest can afford to pay.

But owners of the lavish apartments at the Candy & Candy development One Hyde Park are notoriously shy about revealing their identities.

Now a six-month investigation has revealed that oil baronesses, Kazakh singers and Arab sheikhs are all members of the small and exclusive club of owners.

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Exclusive: One Hyde Park apartments are owned by a roll call of the some of the world's richest people

The exclusive residential glass tower in Knightsbridge developed by property tycoons Christian and Nick Candy is believed to be the most expensive apartment block in the world.

Christian Candy owns separate flats worth £31million and £26.2million on the tenth floor.

His brother Nick, who recently married Holly Valance, also owns a penthouse in the block.

In total the Candy brothers and other members of the Project Grande consortium - the company that developed One Hyde Park - reportedly own eight apartments.

Among their neighbours is Project Grande partner and prime minister of Qatar Sheikh Hamad bin Jassim bin Jaber Al Thani.

He owns an apartment spread over the eleventh, twelfth and thirteenth floors worth £12million.

The list reveals a diverse selection of the world's richest people including billionaires, the investigation by Vanity Fair has shown.

Other apartment owners are Rinat Akhmetov, Ukraine's richest man, Kazakh singer Anar Aitzhanova and Sheikh Mohammed Saud Sultan al-Qasimi, a member of the ruling family of the Gulf emirate Sharjah, The Sunday Times reported.

Naomi Campbell's boyfriend Vladislav Doronin is reported to own an apartment there as well, although the supermodel is not believed to share the property.

The properties, which have magnificent panoramic views of Hyde Park and Knightsbridge enjoy some of the city's finest views from picture windows running the length of the property.

The apartment block may have the most eye-watering price tags, but the property has been branded a 'ghost town' in the past.

According to the investigation by tax haven expert Nicholas Shaxton, just 17 of the 76 sold apartments are primary residences.

Many of the owners use offshore companies to hide their identity.

According to The Sunday Times, five properties worth £81million are owned by companies on the Isle of Man.

Because the residents are so wealthy, many have other homes and do not use their exclusive address as their permanent home, it has been reported.

Many of the features of the block – iris recognition in the lifts, panic rooms, bomb-proof windows, all mail being X-rayed – point to a cocoon.

It has a 21-metre swimming pool which is said to be nearly always empty, a cinema, saunas, gym, golf simulator, wine cellar, valet service and room service – via a tunnel from the five-star Mandarin Oriental hotel next door.

But chefs there say they can go a week without an order from the complex.


THE RICHEST OWNERS OF EXCLUSIVE ONE HYDE PARK

Rinat Akhmetov, Ukraine's richest man - estimated worth £143.8m

Folorunsho Alakija, Nigerian oil tycoon - estimated worth £81.9m

Sheikh Hamad bin Jasmin bin Jabr Al Thani - estimated worth £40.4m

Irina and Viktor Kharitonin, Russian pharmaceuticals,  - estimated worth £33.1m

Professor Wong Wen Young, Taiwanese entrepreneur - estimated worth £29.1m

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