Petra Ecclestone, the girl whose full-time job is spending Daddy’s billions
This girl also paid more than $80 million for her own mansion. That would be quite a mistake, for this 22-year-old, who has never held down paid employment, is in the process of buying the kind of second home which would make a plutocrat green with envy.
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Most 22-year-olds can’t even imagine having a foot on the property ladder – let alone one that costs $88million.
But having a Russian billionaire father usually helps, as demonstrated by Ekaterina Rybolovleva, daughter of former fertiliser magnate Dmitry Rybolovlev.
Miss Rybolovleva is studying at an undisclosed U.S. university and will live in the apartment – which boasts ten rooms and a wraparound terrace – when she is in New York.
The sale of the apartment, which was reported yesterday by Forbe’s magazine, broke records for an individual transaction in a city renowned for pricey property.
Source: http://www.dailymail.co.uk
In July 2011 Petra Ecclestone purchased The Manor, in the Holmby Hills neighborhood of Los Angeles, for $85 million, with $82.4 million borrowed from her mother. It had been on the market for two years with an asking price of $150 million, making it the most expensive residential real estate listing in the US.
The 57,000 square feet (5,300 m2) mansion was the former home of Aaron and Candy Spelling, and is the largest residence in Los Angeles County.
Source: http://www.wikipedia.com
Katia Verber is running late. That’s not unusual for an It girl in Moscow, where the Soviet-built streets are choked with traffic. Not helping matters is that the 24-year-old socialite’s It car — her mother’s chauffeured gold Bentley — has just broken down. “I’m so stressed!” sighs the feathery voice on the other end of the line when I call to check in. “I’ll be there in 20!”
Two-and-a-half hours later, Katia flies into the Starbucks on the storied Old Arbat Street. I can’t help but ask: If you shell out $250,000 for a car, it should work, right? “Oh, no. No, no, no,” she says in crisp English, with the patience of a kindergarten teacher. “Bentleys break down all the time.”
Katia, a dark-haired heiress with piercing eyes and perfect teeth, is like one of the Hilton sisters here. She’s the daughter of Alla Verber, who helps run Russia’s biggest luxury retailer, Mercury, which brought Dolce, Gucci, and Prada to Russia in the mid-1990s.
Source: http://www.marieclaire.com
Yelena Nikolayevna Baturina (Еле́на Никола́евна Бату́рина) (born 8 March 1963) is a Russian oligarch, Russia’s richest woman and the only Russian woman worth more than a billion dollars. She founded a major investment and construction company Inteco.
She currently owns a hotel chain and is the founder of BE OPEN, a cultural and philanthropic foundation. She is the 1075th richest person in the world currently, after tumbling from a much higher wealth.
BUDVA, Montenegro — The global financial crisis has buffeted the balance sheets of Russia’s legion of billionaires. But suitcases of cash and Russian-owned luxury yachts keep arriving in this idyllic town on the Adriatic, helping Montenegro earn the nickname Moscow-on-the-Sea.
By Fareed Zakaria
From: Cnn.com:
Every year at Davos, people like me try to get a sense of the mood of the place, take the temperature of people in this frosty mountain resort.
Obviously, I will give you a highly impressionistic and personal picture, but it’s one I find useful since Davos does bring together leaders in government, business, media – even the NGO community – from all corners of the world. It is genuinely global in a way that few conferences are…
Princess of Russia 