A Hong Kong billionaire paid $276 million for London's most expensive home last year. Now, he plans to spend another $277 million renovating it.

The 62,000-square-foot mansion at 2-8A Rutland Gate overlooks London's Hyde Park. LEON NEAL/AFP via Getty Images A Hong Kong billionaire dropped $276 million on London's most expensive home in January 2020. Now, he plans to spend millions on an extensive renovation of the "heavily dilapidated," 45-room mansion. The proposed renovation plans could cost as much as $277 million, experts told the Sunday Times. See more stories on Insider's business page. Last year, Hong Kong billio...
Tags: Hong Kong, Real Estate, UK, London, Saudi Arabia, China, Trends, Bloomberg, Getty Images, Billionaires, Mayfair, Mansion, Sunday Times, Hyde Park, Knightsbridge, Afp

A triplex penthouse that was once Miami's most expensive listing just sold at a 27% discount after 6 years on the market. Take a look inside.

The penthouse offers stunning views of South Beach and downtown Miami. Katie Warren/Business Insider Real-estate developer Ian Bruce Eichner sold his Miami Beach penthouse for $35 million after 6 years on the market, per the WSJ. The 11,031-square-foot condo occupies three floors at the top of a 42-story tower. I toured the penthouse in May 2019, when it was the priciest listing in Miami-Dade County. See more stories on Insider's business page. Real-estate developer Ian Bruce Eichn...
Tags: Florida, Real Estate, New York City, US, Trends, Features, Miami, On The Road, Journal, Atlantic Ocean, Penthouse, Miami Dade County, Miami Beach, South Beach, Douglas Elliman, Corcoran

Look inside a Singapore supermarket billionaire's $50 million mansion, which combines a historic bungalow with an ultra-modern house and has a 100-foot swimming pool

The home is a "good class bungalow," Singapore's most rare and coveted type of real estate. TA.LE Architects Singapore billionaire Lim Hock Leng lives in a $50 million historic bungalow combined with a modern mansion. Lim, who co-owns Singapore's 3rd-largest supermarket chain with his two brothers, has amassed a fortune of $1.2 billion with his brothers. The mansion features a swimming pool that starts indoors and extends outside. See more stories on Insider's business page. ...
Tags: Post, Real Estate, Singapore, International, Trends, Features, Billionaires, Retail, Luxury Real Estate, Lim, South China Morning Post, Sheng Siong, Katie Warren, InsiderAsia, Insider Asia, Singapore real estate

WeWork cofounder Adam Neumann just sold his San Francisco Bay Area compound for $22.4 million. Look inside the 'Guitar House.'

Jacob Eliot; Michael Kovac/Getty WeWork cofounder Adam Neumann just sold his San Francisco Bay Area home for $22.4 million, per the New York Post. He listed the home for $27.5 million in August 2020 after moving to Israel with his wife. The 10-acre compound includes a guest house, a pool, a greenhouse, a chicken coop, and geothermal systems. See more stories on Insider's business page. Adam Neumann just sold his compound in Corte Madera in Northern California for $22.4 million, th...
Tags: New York Post, Real Estate, California, Life, New York City, Israel, San Francisco, Trends, Features, WeWork, Golden Gate Bridge, Hamptons, San Francisco Bay Area, Northern California, Luxury Real Estate, Neumann

A sneaker collector is selling a prototype pair from Kanye West's first Yeezy line valued at $1 million. They could become the priciest sneakers ever sold.

The Yeezy prototypes could become the most expensive sneakers ever sold. Sotheby's A sneaker collector is selling a prototype pair from Kanye West's first Yeezy line for Nike in 2008. The pair is valued at more than $1 million, making it the most valuable sneaker to ever come to market, according to Sotheby's. West unveiled the sneakers when he wore them during his performance at the 2008 Grammy Awards. See more stories on Insider's business page. A prototype pair of Kanye...
Tags: New York, Trends, Nike, Adidas, Bloomberg, Kanye West, West, Michael Jordan, Retail, Grammys, Sneakers, Forbes, Reuters, Yeezy, Chang, Mark Smith

Billionaire hedge-fund manager Steve Cohen just sold his New York City penthouse after 8 years and a 74% discount

The penthouse sits on the 51st and 52nd floors of One Beacon Court in Midtown Manhattan. Google Maps Billionaire Steve Cohen's Manhattan penthouse is in contract after 8 years on the market and multiple price cuts, per Bloomberg. The sale price is not yet known, but the condo was last asking $29.5 million - 74% off its $115 million price tag in 2013. Cohen, who runs the Point72 Asset Management hedge fund, is worth $16 billion. See more stories on Insider's business page. After eig...
Tags: Real Estate, New York, Finance, New York City, Trends, Bloomberg, Manhattan, Hudson, New York Mets, Central Park, West Village, Penthouse, Cohen, Greenwich Village, Steve Cohen, Midtown Manhattan

Inside Larry Ellison's new $80 million Palm Beach mansion, which sits in a high-security gated community and has 520 feet of ocean frontage

Tech billionaire Larry Ellison has paid $80 million for a 15,000-square-foot beachfront mansion in Palm Beach, Florida. Douglas Elliman Oracle cofounder Larry Ellison just bought an $80 million oceanfront mansion in Palm Beach, Florida. The 15,000-square-foot home has seven bedrooms, 11 bathrooms, a home theater, and a swimming pool. The estate sits on more than seven acres and has 520 feet of prime ocean frontage. See more stories on Insider's business page. Tech billionaire Larry...
Tags: Florida, Real Estate, California, San Francisco, Trends, Tech, Features, Hawaii, Billionaires, Larry Ellison, Mansion, Lake Tahoe, Wall Street Journal, Ellison, Oracle, Malibu

Oracle billionaire Larry Ellison just dropped $80 million on a Palm Beach mansion, 4 months after he said he'd moved to Hawaii

A Google Maps satellite view of Ellison's new mansion. Google Maps Larry Ellison just paid $80 million for an oceanfront mansion in Palm Beach, Florida, per the WSJ. The Tuscan-style home spans more than 15,000 square feet and has 520 feet of ocean frontage. The Oracle cofounder told his employees in December that he'd moved to Lanai, the Hawaiian island he owns. See more stories on Insider's business page. Palm Beach has gained yet another billionaire resident. Oracle cofound...
Tags: Google, Japan, Florida, Real Estate, California, San Francisco, Trends, Hawaii, Billionaires, Larry Ellison, Lake Tahoe, Google Maps, Ellison, Oracle, Malibu, Lanai

I got a tour of Citi's new wealth hub in Singapore for high-net-worth clients, a 30,000-square-foot space with 'garden pods' for meetings. Look inside.

The space features "garden pods" for meetings. Katie Warren/Insider I toured Citi's new wealth hub in Singapore for its high-net-worth clients. It was designed to cater to clients with assets starting at 250,000 Singapore dollars, or about $186,000. It felt more like an upscale lounge than a bank. It was full of trees, a free café, and "garden pods" for meetings. See more stories on Insider's business page. Global investment bank Citi has opened a 30,000-square-foot wealth hub...
Tags: Travel, Hong Kong, Singapore, Global, International, Trends, Wealth, Features, On The Road, Orchard Road, Citi, Lavazza, SG, Knight Frank, HNWI, New York London Shanghai

Beijing has surpassed New York City to become the new billionaire capital of the world

For the first time ever, Beijing is home to more billionaires than NYC. Zhang Qiao/VCG via Getty Images Beijing is now home to more billionaires than New York City for the first time, per Forbes. The Chinese capital gained 33 billionaires in the past year, bringing its total to 100 - one more than New York City's 99. The US still has more billionaires than anywhere else, but China minted more billionaires in the past year than any other country. See more stories on Insider's busin...
Tags: Apple, Hong Kong, News, China, New York City, US, International, San Francisco, Trends, Beijing, Billionaires, Shanghai, Michael Bloomberg, Shenzhen, Forbes, VCG VCG

The iconic mansion from 'The Godfather' is back on the market at a $105 million discount. Look inside the Beverly Hills estate.

Jim Bartsch The iconic mansion seen in 1972 classic film "The Godfather" is back on the market for $89.75 million. That's a roughly $105 million discount from its $195 million asking price in 2016. In the movie, the mansion was the home of movie producer Jack Woltz, who woke up with a severed horse head in his bed after crossing the Corleone family. See more stories on Insider's business page. The historic Los Angeles mansion where the classic 1972 film "The Godfather" filmed...
Tags: Real Estate, Beyonce, Entertainment, California, Los Angeles, Trends, Features, Beverly Hills, John F Kennedy, The Godfather, Paramount Pictures, Mansions, Jay, Long Island, Ross, Mediterranean

Richard Branson is renting out his private estate on his second Caribbean island for the first time at $25,000 a night. Take a look inside the 3-villa compound.

The Branson Estate. Virgin Limited Edition Richard Branson's private Caribbean island, Moskito Island, is opening to the public for the first time. Guests can rent Branson's entire personal estate - which can house 22 guests in three villas - starting at $25,000 per night. It's just 2.5 miles from his other private island, Necker Island. See more stories on Insider's business page. Richard Branson, billionaire business magnate and Virgin Group founder, is opening up his...
Tags: Travel, Transportation, Australia, Trends, Features, New York Times, Virgin Group, Richard Branson, Times, Branson, Luxury Travel, Caribbean, Beach House, British Virgin Islands, Antigua, SAN JUAN Puerto Rico

A tech founder's wife just paid $96 million for a house in Singapore's most exclusive neighborhood, marking the priciest home sale of the year

A Google Maps street view of the home's entrance on Nassim Road. Google Maps A tech founder's wife paid 128.8 million Singapore dollars, or nearly $96 million, for a house in an ultra-exclusive Singapore neighborhood. It's the most expensive single-family home sold so far in Singapore in 2021. The house, which was built in 1964, will likely require millions in renovations, one local real-estate agent said. See more stories on Insider's business page. The wife of a Singapore...
Tags: Google, Real Estate, Singapore, Trends, James Dyson, Afp, Luxury Real Estate, British High Commission, SG, Gill, Lye, Jin, NASSIM, Cluny Road, Katie Warren, Singapore ROSLAN RAHMAN

The 10 most valuable passports money can buy if you want access to a country that handled the COVID-19 pandemic effectively

New Zealand, which has been lauded for its pandemic response, ranked second overall. Xinhua/Guo Lei via Getty Images The ultrawealthy have been buying up second passports during the pandemic. A new report ranks the countries with citizenship-by-investment programs that have handled COVID-19 most effectively. Canada, New Zealand, and Australia topped the list. See more stories on Insider's business page. The wealthy have been snapping up second passports during the coronavirus pande...
Tags: Travel, Hong Kong, London, Australia, Washington, Singapore, US, Trends, Features, Rome, Austria, Canada, United Kingdom, Italy, New Zealand, Switzerland

Donald Trump Jr. and Kimberly Guilfoyle just sold their Hamptons house for $8 million - nearly double what they paid for it in 2019. Look inside the 7-bedroom home.

The Bridgehampton home sits on 3.9 acres in a gated community. Rise Media Donald Trump Jr. and Kimberly Guilfoyle just sold their Hamptons house for $8.14 million. The 7-bedroom waterfront home in Bridgehampton comes with a heated outdoor pool, spa, and waterfall. The couple is now looking for a home in Florida. See more stories on Insider's business page. Donald Trump Jr. and his girlfriend, former Fox News host Kimberly Guilfoyle, just sold their house in the Hamptons for $8.14...
Tags: Florida, Real Estate, Politics, New York, Texas, Trends, Features, Washington Dc, Miami, Fox News, Biden, Donald Trump, Wall Street Journal, Long Island, Hamptons, The Hamptons

Silicon Valley's most expensive property, a 74-acre compound with 7 homes, just listed for $135 million. Take a look at the sprawling estate.

There's plenty of patio space for al fresco dining and entertaining. Christie’s International Real Estate A 74-acre estate in Woodside, California, has hit the market for $135 million. It's the most expensive property listed in the Silicon Valley area, per multiple reports. The massive estate has seven houses, three swimming pools, tennis courts, and orchards and gardens. See more stories on Insider's business page. Green Gables, a sprawling 74-acre estate in Woodside, Cali...
Tags: Real Estate, New York, California, Softbank, San Francisco, Trends, Bloomberg, Features, Larry Ellison, Silicon Valley, Charles, Christie, Luxury Real Estate, Masayoshi Son, Florence Italy, Green Gables

A senior director at Google who leads a team of 30 and has 2 young kids shared her daily pandemic routine with us, from Peloton workouts in the garage to 10 daily video calls

Lilian Rincon. Lilian Rincon Lilian Rincon is the senior director of product management for the Google Assistant. In 2018, Rincon shared her daily routine with Insider, which included waking up at 5:30 a.m. and taking up to 12 meetings a day. We caught up with her in March 2021 to see how her day-to-day has changed in the pandemic. Visit the Business section of Insider for more stories. Before the pandemic, Lilian Rincon woke up at 5:30 a.m. every weekday to fit in a quick workout before ...
Tags: Google, California, Trends, Features, Mountain View, Hudson, Nik, Portola Valley, San Carlos, Mountain View California, Bela, Rincon, Peloton, Day in the Life, Daily Routine, Tech Insider

A car full of explosives was found near the home of Asia's richest man, Mukesh Ambani, in February. A police officer was just arrested for his alleged involvement in the scheme.

Police found an abandoned vehicle containing explosive materials near Mukesh Ambani's Mumbai home on February 25. AP Photo/Rajanish Kakade Mukesh Ambani, Asia's richest man, is at the center of a bomb scare investigation. A car containing explosive material and a threatening letter was found near Ambani's Mumbai home on February 25. On Saturday, a police officer was arrested for his alleged role in placing the vehicle near the home. See more stories on Insider's business pa...
Tags: Asia, Crime, Beyonce, News, India, Trends, Bloomberg, Hillary Clinton, Waze, Mumbai, Scorpio, Hindustan Times, NIA, Reliance Industries, Times of India, National Investigation Agency

How Snowflake CEO Frank Slootman became a billionaire by ripping up the 'nice guy' Silicon Valley playbook

Frank Slootman Todd Johnson/San Francisco Business Times Insiders say Snowflake CEO Frank Slootman doesn't care about social causes. He's focused on making shareholders money. While some in Silicon Valley warn of a backlash, Slootman's main concern is winning. Visit the Business section of Insider for more stories. Technology executive Frank Slootman took software company Snowflake public in one of the biggest tech IPOs of 2020, raising $3.4 billion at a $33.3 billion valuation...
Tags: Elon Musk, Ipo, San Francisco, Trends, Ibm, Silicon Valley, Teaser, Snowflake, Palantir, Greylock, Servicenow, George S Patton, Tech Insider, Frank Slootman, Slootman, Asheem Chandna

A billionaire has been trying to sell his Versailles-inspired mansion for nearly 8 years - and it's finally set to sell at a 47% discount. Look inside the Manhattan townhouse.

The home was originally listed for $114 million. Brown Harris Stevens A billionaire's Manhattan mansion is finally set to sell after nearly 8 years on and off the market, WSJ reports. It's in contract to sell for close to $60 million, a 47% discount from its original $114 million asking price in 2013. The 20,000-square-foot townhouse has a panic room, a pool, and a Versailles-inspired dining room. Visit the Business section of Insider for more stories. After nearly eight years on a...
Tags: Europe, Real Estate, New York, France, New York City, Trends, Features, Brooklyn, Manhattan, Upper East Side, Mansions, Wall Street Journal, WSJ, Trulia, Rockefeller, Florida Panthers

Singapore built the world's first bubble facility so people can travel for business without having to quarantine - and it's in an expo center. We got a sneak peak of the rooms, facilities, and food.

Guest rooms are built around two indoor courtyards with live plants, work spaces, and gym pods. Katie Warren/Insider Singapore just opened the world's first bubble facility for business travelers. Travelers can bypass a 14-day quarantine by staying in the bubble facility, but they can't leave it. The facility has 150 guest rooms, gym pods, and 40 meeting rooms with air-tight glass panels and separate ventilation systems. Visit the Business section of Insider for more stories. As the world ...
Tags: Travel, Garden, UK, Germany, Singapore, Trends, Features, South Africa, Switzerland, Starbucks, Business Travel, Temasek, Travelers, Changi Airport, Ministry of Health, Alan Thompson

Prosecutors investigating Trump are focusing on his finance chief Allen Weisselberg, according to a report

Donald Trump Reuters Investigators probing Donald Trump are focusing on his chief financial officer Allen Weissellberg. The New York Times reported that prosecutors asked witnesses questions about Weissellberg. Investigators are looking at alleged "protracted criminal conduct at the Trump Organisation." Visit the Business section of Insider for more stories. Investigators in New York who are probing Donald Trump's business dealings are focusing their attentions on Allen Weissellberg, the T...
Tags: Politics, New York, News, Supreme Court, Trends, New York Times, The Times, Manhattan, Cy Vance, Times, Donald Trump, Trump, Stormy Daniels, Fred, Vance, Donald Trump Jr

Prosecutors investigating Trump are focusing on his finance chief, Allen Weisselberg, report says

Donald Trump Reuters Investigators probing Donald Trump are focusing on his chief financial officer Allen Weissellberg. The New York Times reported that prosecutors asked witnesses questions about Weissellberg. Investigators are looking at alleged "protracted criminal conduct at the Trump Organisation." Visit the Business section of Insider for more stories. Investigators in New York who are probing Donald Trump's business dealings are focusing their attentions on Allen Weissellberg, the T...
Tags: Politics, New York, News, Supreme Court, Trends, New York Times, The Times, Manhattan, Cy Vance, Times, Donald Trump, Trump, Stormy Daniels, Fred, Vance, Donald Trump Jr

Austin's most expensive home, a 9-acre lakefront estate, just sold to an unknown buyer as tech workers rush to the Texas city

The glass-walled home sits on the shores of Lake Austin. Getty Images/RoschetzkyIstockPhoto A nine-acre Austin estate last listed for $38.9 million just sold to an unknown buyer. The exact closing price is unknown, but the listing agent confirmed it was the most expensive home sale ever in the Texas city. Tech firms and executives have been flocking to Austin in the pandemic. Visit the Business section of Insider for more stories. A nearly nine-acre estate in Austin that was last listed fo...
Tags: Apple, Elon Musk, Texas, Drew Houston, Trends, Tech, Tesla, Austin, Scarborough, Zillow, Joe Lonsdale, Lyons, Facebook Google, Hendrickson, Lake Austin, Silicon Valley Oracle

Toyota just started building a 175-acre smart city at the base of Mount Fuji in Japan. Photos offer a glimpse of what the 'Woven City' will look like.

The "Woven City" will eventually be home to 2,000 Toyota employees and their families, retired couples, retailers, and scientists, according to the company. Toyota Toyota just started construction on a 175-acre smart city at the base of Mount Fuji in Japan. The "Woven City" is expected to be a testing ground for technologies like robotics, smart homes, and AI. The first residents will be a group of about 360 inventors, young families, and senior citizens. Visit the Business section of Insi...
Tags: Travel, Google, Transportation, Japan, London, California, New York City, Trends, Bloomberg, Features, Artificial Intelligence, Tokyo, Bjarke Ingels, Toyota, Panasonic, Las Vegas

India's richest family is planning to build the world's largest zoo, and the 280-acre project has already sparked a protest by animal activists

Nita Ambani, Anant Ambani, and Mukesh Ambani at an event in Mumbai in March 2020. Prodip Guha/Getty Images The Ambanis, India's richest family, plan to build the world's largest zoo and animal rescue center in western India. The zoo is reportedly a "pet project" of Anant Ambani, the youngest son of billionaire Mukesh Ambani. On Sunday, activists protested the transfer of two black panthers from a state-run zoo to Reliance's planned private zoo.  Visit the Business section of Insider for mo...
Tags: Google, Facebook, Asia, Beyonce, News, Nick Jonas, France, India, Israel, Trends, Hillary Clinton, Billionaires, Mumbai, Sundar Pichai, Gujarat, Priyanka Chopra

A Hong Kong penthouse just sold for $59 million - or $17,542 per square foot - making it the priciest apartment ever sold in Asia

The five-bedroom penthouse comes with a private rooftop, a swimming pool, and three parking spots. CK Asset Holdings A Hong Kong penthouse just sold for $59 million in Asia's most expensive apartment sale by square footage. It was sold by Victor Li, chairman of CK Asset Holdings and son of Hong Kong's second-richest man. The five-bedroom penthouse includes a private rooftop and pool. Visit the Business section of Insider for more stories. A five-bedroom penthouse in Hong Kong just sold to ...
Tags: Asia, Hong Kong, Real Estate, Singapore, Trends, Bloomberg, Getty Images, James Dyson, Dyson, Jack Ma, Forbes, Afp, Luxury Real Estate, Penthouse, Victoria Harbour, Victoria Peak

A 1.25-acre plot of land in Hong Kong sold for $935 million, setting a new record in one of the world's priciest property markets

The Peak is Hong Kong's most exclusive neighborhood, home to business tycoons and billionaires. ANTHONY WALLACE/AFP via Getty Images A 1.25-acre plot of land in Hong Kong just sold for about $935 million, per Bloomberg. The sale set a record for the most ever paid for a government-owned residential property in Hong Kong.  Hong Kong was named the world's priciest housing market for the 10th year in a row in 2020. Visit the Business section of Insider for more stories. A group of Hong Ko...
Tags: Hong Kong, Real Estate, Trends, Bloomberg, Getty Images, Alibaba, Jack Ma, Reuters, Luxury Real Estate, Leung, Hong Kongers, South China Morning Post, Richard Lee, HONG KONG Hong Kong, Victoria Peak, Anthony Wallace

An inside look at Hainan, 'the Hawaii of China,' where Jack Ma was reportedly spotted golfing at a 5-star resort in recent weeks

The Sun Valley Golf Resort in Hainan. Thomas Breazeale Jack Ma was seen playing golf at a 5-star golf resort in Hainan, China, in recent weeks, per Bloomberg. The island province of Hainan is known as "the Hawaii of China," thanks to its tropical climate, high-end beach resorts, and golf courses. Surfing, luxury shopping, and yachting are popular activities in Sanya, Hainan's biggest tourist city. Visit the Business section of Insider for more stories. For three months, Chinese billionaire...
Tags: Travel, Mexico, China, Russia, Trends, Bloomberg, Features, Xi Jinping, Golf, Alibaba, Ralph Lauren, West Coast, Jack Ma, Michael Kors, Reuters, Versace

Inside Miami's exclusive, high-security 'Billionaire Bunker,' where Tom Brady and Gisele Bündchen paid $17 million for a mansion they're planning to demolish

The island's residents are protected by a private 13-person police force that patrols the perimeter from the water and by land. Katie Warren/Business Insider Miami's Indian Creek Village is a high-security private island known as the "Billionaire Bunker."  In December, Tom Brady and Gisele Bündchen paid $17 million for a house on the island that they're reportedly planning to demolish. Billionaire Carl Icahn, model Adriana Lima, and Ivanka Trump and Jared Kushner also own homes on the ...
Tags: Asia, Florida, Real Estate, US, Sports, NFL, Trends, Features, Billionaires, Miami, Tom Brady, Miami Dolphins, North America, Sears, On The Road, Carl Icahn