Billionaire tips

Japanese billionaire Yusaku Maezawa has canceled his star-studded trip to the moon aboard a rocket designed by Elon Musk's company, SpaceX.

Since its opening in 1965, Bal Harbour Shops has been the rare outdoor shopping center driven solely by luxury retail tenants. It was the first U.S. location outside New York for both Yves Saint Laurent and Oscar de la Renta. Developer Stanley Whitman claimed it was even the first mall to charge for parking.

There’s luxury travel that the average person can save up for and splurge on, and then there’s the type of luxury that only the super rich can afford, like having an entire resort to yourself. The newly opened, 79-suite Grand Velas Boutique Los Cabos is making the latter possible for anyone who has $600,000 to spend on a three-day vacation. And it’s all thanks to TikTok.

The port of Gustavia in St. Barths is getting crowded this holiday season as the legendary superyacht showdown begins. The season started early, with the wealthiest men in the world and their celebrity friends anchored outside of Gustavia and neighboring St. Maarten and Antigua. Many will stay throughout Christmas, taking glamorous day trips to nearby islands, and then party with the traditional fireworks show above St. Barths Fort Oscar on New Year's Eve.

About 10 years ago, when I was living in Mexico, I went to a party at a beach house that belonged to a friend. It was an overcast afternoon on the Pacific Coast, but there’s a certain moment at the end of the day when the sun dips under the clouds and floods everything in light. It was then that we all saw what wasn’t visible before: a mansion, in the distance across the bay, sitting alone on its own beach, with a blue dome and fiery orange walls suddenly glowing in the dark forest that surrounded it. Someone said it had been built by the billionaire corporate raider Sir James Goldsmith in 1989. There were zebras and African antelope on the grounds; Ronald Reagan and Henry Kissinger had both been guests.

Two travelers enlisted the help of TikTok to make sense of their quirky hotel bed — which turned out to be billionaire Richard Branson's "hotel bed of the future."

Real estate magnate Mohamed Alabbar said Wednesday he is “scared” about Dubai’s snowballing luxury market because there aren’t enough resources to cater to demand.

Driving through the dusty plains of Texas, the horizon is endless with views of rolling farmlands, miles of cornstalks, and cattle farms. While there is vast farmland as far as the eye can see, you will be surprised to learn that much of it is owned by only a few families. Many traditionally have kept their land through generations of heirs, but times are changing.

As high season in the Caribbean approaches, it’s never too early to start planning a winter getaway. From Cancun to Aruba, here are five luxurious Caribbean resorts for families, foodies, adventurers and more.

The latest news in the ski world is the marriage of a 21st-century tech billionaire and a troubled ski mountain. In one fell swoop, Reed Hastings, the co-founder of Netflix, has made a $100 million investment in Powder Mountain, Utah, the country’s largest resort. Hastings, who stepped down as CEO of Netflix in January and became a minority owner of Powder Mountain in April, ascended to majority owner of the resort with this investment on September 6.

SpaceX has announced that Yusaku Maezawa, a young Japanese entrepreneur and billionaire art collector, will be the first paying passenger to take a trip around the moon. Maezawa purchased a private journey in Elon Musk’s newest BFR spaceship, which is tentatively scheduled for 2023.