American economist Paul Samuelson once described investing as “watching paint dry, or grass grow.” It’s a battle of patience where investors must be disciplined in their predictions amid the allure of short-term gains and financial challenges. A few who have withstood this pressure to be profitable can now lay the claim as the richest in the world. Let’s count down the ten wealthiest investors globally. 10. Ray Dalio Estimated net worth: USD 15.4 billion Ray Dalio is an American investor and hedge fund manager. While boasting years of experience as a stock trader and futures broker, most of ..read more

LUXUO lists a selection of emerging artists whose reputations and markets are on the rise. They each use their own multidisciplinary forms of art that encompass different inspirations and themes be it social, cultural or political issues. These artists range across regional and international markets and highlight a unique blend of cultural influences, technical prowess, and a deeply introspective approach. With originality at the forefront, these artists demonstrate original thought not only with interesting materials, but explore novel concepts and subtle themes. The work of these artist ..read more

The luxury vintage car industry is as dynamic as it is risky. These classic cars go beyond the nostalgia-factor to provide both an avenue for investment and the charm of vintage motoring. With value estimates based on Hagerty’s Bull Market List of collector cars to buy in 2024 and a comprehensive overview of trending collector cars, this list is for lovers of all things automotive. While the value of cars is known to depreciate, these vintage vehicles have appreciated over time or have a lower depreciation rate than other luxury cars, providing a potential investment for long term value growt ..read more

Death of 80s Extravagance Roberto Cavalli 2024 has seen the death of 80s fashion legends Claude Montana and Roberto Cavalli. Both were known for their influence on fashion with their own take on flamboyance and ostentatious elegance. Montana helped define the power-woman dressing movement of the 1980s while Cavalli shaped his era-defining glamour through his signature mix of loud animal prints. These fashion behemoths were the creative geniuses of their era because they understood how to translate what luxury meant to a woman — or rather what that era of luxury meant to women of the time, thro ..read more

Sunseeker 88 Yacht Wanda Group, the majority owner of Sunseeker International since 2013, has agreed to sell the Poole-based yacht builder to Miami-based investment firm Lionheart Capital, according to Bloomberg. The news agency stated that “according to people with knowledge of the matter”, Wanda Group and Lionheart had signed a sale-and-purchase agreement. The transaction could close as early as May 2024, depending on British regulatory approval. Sunseeker has declined to comment on the situation. Last year, Sunseeker CEO Andrea Frabetti announced that the yacht builder h ..read more

Patek Philippe turns the story of honourary president Philippe Stern into a literal part of Ref. 1938 Consider for a moment, the watch on your wrist. Since you are reading this magazine, we take it for granted that you must be wearing one, but if you are not, simply think of your daily beater or maybe your most cherished ticker. There is probably a story to this watch, and not merely the marketing one that everyone knows. No, this story is the one only you know about this specific reference you wear because it is tied directly to you. In other words, the story that the brand very publicly tell ..read more

Hotel Danieli, Venice Hotel Danieli in Venice is not just a hotel; it’s a portal to the enchanting world of Venetian luxury and cinematic history. Nestled along the edge of the Venetian Lagoon, its elegant facade offers a glimpse into a realm where past and present converge in a symphony of timeless beauty. Hotel Danieli, Venice Stepping into the property feels like entering a scene from an iconic film, where every corner whispers tales of ancient princes and modern dukes. Situated mere moments from St. Mark’s Square, its prime location provides a front-row seat to the breathtaking views of Sa ..read more

Galileo Headlined by superyachts up to 56m, the line-up for the second Singapore Yachting Festival at ONE°15 Marina Sentosa Cove will see exclusive additions including the first HH88 sailing catamaran, Perini Navi’s 183ft Galileo and Sanlorenzo SD118. Held from April 25-28, organisers have stated that all booths and berths are ‘fully subscribed’, with over 70 yachts expected along with water toys, in-water demos, sea trials, speedboat rides and supercars. The four-day show will be preceded by the ICOMIA Boating Industry Conference (April 23-24) and Wednesday eveni ..read more

Some might think cryptocurrencies are a fad that will lose steam at some point. However, this year saw BitCoin’s stellar performance, regaining market value that has investors and traders on a spending spree. Adding to this is the fact that brands across the world are adopting cryptocurrencies more quickly than before. The luxury sector isn’t far off in terms of adoption. As high-end products become more accessible to high-earners, we can only see the list of crypto-friendly luxury brands grow. For now, here are a few that have jumped onto the bandwagon and are showing great success in using ..read more

Rolex gemmologist checks the quality of diamonds Luxury is a fast-changing industry. Luxury watchmaking, not so much. Hampered by tradition, classicism, and, more often than not, a lack of vision, it tends to be set in its ways. One of those ‘ways’ is to consider that gem-set watches are a) for women, b) for the bling-loving crowd of hip-hop entertainment, or c) for wealthy clients from the Gulf region with no watchmaking savvy. Yes, there is prejudice and snobbery afoot where gem-set timepieces are concerned, as alluded to in the Unusual Suspects companion piece to this story. The truth is th ..read more