After decades out of the spotlight, the watch reemerged in October 2017 at Phillips’ inaugural watch auction in New York City. After 12 minutes of bidding, the storied timepiece went to an anonymous telephone bidder. The nearly $18 million that it raked in will benefit The Nell Newman Foundation, a charity group run by Paul’s
Charlie Shrem was an early investor in bitcoin and reportedly bought thousands of coins when they were worth as little as $3 to $20 each. Even 5,000 coins would give Shrem $57.5 million. Shrem founded digital currency exchange BitInstant. It shut down after the U.S. government charged Shrem in 2014 with operating an unlicensed money
Bitcoin is not in a bubble but other digital currencies are “flooding the market with perishable supplies of worthless value,” according to the co-founder of financial technology company Glint. Ben Davies told CNBC that bitcoin does appear to be overinflated but that this obscures the bigger picture. “Bitcoin is not a bubble, albeit it has
The largest round diamond ever to appear at auction will be offered in New York this Tuesday. The rock weighs in at 110.92 carats, and is cut into a fine round shape, fit for a ring or a necklace. “And if it sells, it’ll be the largest round diamond ever to sell,” says Brett O’Connor,
Investor Lynn Tilton said she plans to appeal a Delaware court ruling that would take away her control of some of the companies she runs. In a statement, Tilton said, “We strongly disagree with today’s ruling and will immediately appeal to the Delaware Supreme Court. This decision, which applies solely to the three companies at
Famed oilfield wildcatter, financier and corporate raider T. Boone Pickens on Wednesday announced he’s offering to sell his prized Texas Panhandle ranch for $250 million. Pickens tweeted “Big news today” in announcing his Mesa Vista Ranch, covering more than 100 square miles, was for sale. The spread is about 90 miles northeast of Amarillo. “I’m
Overall, four of the top five metros scored high on health care. Los Angeles was the only one that didn’t. It was also the only one of the site’s top five cities for retirement that boasts year-round sunny weather. 1. Pittsburgh2. Boston3. Los Angeles4. Denver5. Providence, Rhode Island “Cities that performed well on the health-care
Koi fish, it turns out, can live to over 100, so Carson’s koi were not even middle age by koi standards. Carson apparently loved to lounge by the pool to wash away the hustle and stress of TV life. And sitting by the pool, with the view of the ocean and watching the giant gentle
‘Tis the season to do good, but especially on Tuesday. Charitable donations generally pick up at the end of the year. Yet experts say they kick into high gear on “Giving Tuesday,” a single day specifically focused on charity in the shopping-heavy week after Thanksgiving. #GivingTuesday raised $177 million last year, according to GivingTuesday.org —
Understanding the “ins and outs” of social media is essential now for businesses to thrive online. And for British fashion and beauty guru Trinny Woodall, social media has proven key to promoting her profile and her company’s portfolio. “Trinny London,” a business that she launched in October that offers its customers a stackable, versatile makeup
But the toasty aroma, with hints of rose, pepper and honey, quickly infuse the cheese. Next up, he squeezes in some fresh vanilla from beans imported from Madagascar. And then he adds the real jaw-dropper: white truffles from Alba, a town in Italy’s Piedmont region. Truffles are typically more at home on pasta than cheesecakes.
Source: Ritz-Carlton Charlotte, N.C. One of three made-of-macaron trees at the Ritz-Carlton Charlotte, N.C. There’s no charge to visit the Holiday Wonderland, on view now through Dec. 27 in the lobby of the Ritz-Carlton Charlotte in North Carolina — but it will certainly make you hungry. Decorations include three trees bedecked with a total of
Amazon founder and CEO Jeff Bezos now has a 12-digit fortune, according to an estimate by Bloomberg. Bezos’s net worth surpassed $100 billion on Friday, Bloomberg reported. Amazon shares hit a record on Black Friday — one of the year’s busiest shopping days— joining a broader stock market rally. Bezos, the world’s richest man, owns
The change would prompt Betterment to switch from the algorithm it currently uses to help investors identify the best lot to sell when selling a specific stock. The algorithm picks lots by first prioritizing losses before any gains. Within each category, the algorithm targets lots with the highest cost basis, which typically have smaller gains.
If you’re married, split your HSA savings into two accounts, with money in both your name and your spouse’s, Stahl said. You’ll still be limited to the maximum annual family contribution (currently $6,750), but then each spouse can make an annual $1,000 catch-up contribution once they reach age 55, he said. Workers who have access
Of course, the mansion itself is impressive too. The residence features two art galleries, one of which has walls covered in fine Italian cashmere. Another fun feature lurks behind a bookcase in the grand library — a concealed passageway that leads to the home’s luxurious master suite. The mega-home also has a covert tunnel that
When it comes to who should feel in charge of their own money, Beyonce said it best: “All the single ladies, now put your hands up.” Nearly all single women — 97 percent — said it’s important to be engaged in managing their finances, according to a new Fidelity Investments study, “Single Women & Money.”
The possibility of the GOP tax cut plan actually increasing taxes would only impact “a few people at the very top,” said Kevin Hassett, economic advisor to President Donald Trump. “They’ve got plenty of resources,” said the Council of Economic Advisors chairman, referring to people who make more than $1 million in high-tax states, such
Last week, Leonardo da Vinci’s “Salvator Mundi” became the most expensive work of art ever sold, going for $450 million at Christie’s. Auctioned off to an unknown buyer on the phone after a protracted, 19 minute bidding war, the masterpiece’s road to fetching nearly half a billion dollars actually began in 1958 — when it
“When my career was finally over and I gave up on the NFL, I was broke,” Henry said. “I saw that my teammates, even the ones that were making a lot more than me, were also broke.” To avoid that same fate, Maneri, who played for the Kansas City Chiefs, Chicago Bears, Tampa Bay Buccaneers,
One is a historic landmark, which could become the most expensive residence ever sold in Charleston, if it fetches its asking price of $19.5 million. The current record for the most expensive property ever sold in the city is $7.7 million in 2015, according to the Charleston Trident Association of Realtors MLS. Built in 1803,
Some dealers say the buyer is likely an American, since there is only one da Vinci in the U.S. — currently at the National Gallery in Washington — and it would make sense for a billionaire to buy it and donate it to a museum in New York or L.A. Others say the price suggests
When it comes to the much-ballyhooed business of disruption, if you can’t beat them, join them — and do a little disrupting of your own. That was the message to financial advisors unsettled by the rise of robo-advisors and other industry disruptors from speaker and writer Julie Littlechild, speaking at Charles Schwab’s IMPACT 2017 confab
A large pink diamond, rare for its color and clarity, was among several major jewels that failed to sell on Wednesday at Sotheby’s auction in Geneva. The 37.3-carat cushion-shaped stone, known as the “Raj Pink” and mounted on a ring, was billed as the star lot at Sotheby’s semi-annual jewelry sale in the Swiss city.
A Leonardo da Vinci painting sold for more than $450 million on Wednesday, according to auction house Christie’s, which said that it topped a world record for any work of art sold at an auction. Christie’s tweet The painting, called “Salvator Mundi,” Italian for “Savior of the World,” is one of fewer than 20 paintings
Eighteen emerald-cut diamonds adorn one side of the necklace, while emeralds decorate the other. Its centerpiece is the colorless diamond: a D color, IIA type diamond — the rarest and most valuable kind. “It goes perfectly — the main stone with the necklace, it looks like just a beautiful piece,” said Fawaz Gruosi, the founder
New York’s 1,000-foot-tall symbol of luxury is becoming a monument to the condo slowdown. Last week, Unit 79 of the condo tower called One57 became the biggest foreclosure sale ever in New York. It went at auction for $36 million — marking a 30 percent decline from its purchase price of $51 million in 2014.
The wealthiest 1 percent of the world’s population now owns more than half of the world’s wealth, according to a new report. The total wealth in the world grew by 6 percent over the past 12 months to $280 trillion, marking the fastest wealth creation since 2012, according to the Credit Suisse report. More than
A ring featuring an extremely rare 37.30-carat pink diamond is hitting the auction block Wednesday. “The Raj Pink” is the world’s largest known fancy intense pink diamond. “Color diamonds are exponentially rarer than white stones,” said Sotheby’s international jewelry specialist Brett O’Connor. “The stone is … right up at the very top. It has size,
Two of the largest yellow diamonds ever offered for sale will be hitting the auction block in Geneva on Wednesday. The pair of rocks, called the Donnersmarck Diamonds, total more than 185 carats and once belonged to French nobility. They are part of the collection of La Paiva, a 19th-century French courtesan turned countess, who