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vacations

LVMH CEO Bernard Arnault sees wealth skyrocket by $19 billion overnight after months of bleeding billions as shoppers trade designer bags for luxury vacations

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Between October 14 and 15, Arnault’s net worth surged from $173 billion to $192 billion. That is a staggering $19 billion overnight gain.  The wealth upswing propelled him from being the eighth richest person in the world to the seventh spot, surpassing former Microsoft CEO Steve Ballmer whose fortune currently rests at $176 billion. And … Read more

Billionaire Kenn Ricci made his first million after being furloughed. He borrowed $500 from his dad, bought an airline, and now takes $800K vacations

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The path to success isn’t always a straightforward, uphill climb—even the most accomplished leaders, like Mike Bloomberg and Mark Cuban, were knocked down before making it big time. The same is true for Kenn Ricci, a serial American aviation businessman and chairman of private jet company Flexjet. After being put on leave from his first … Read more

Inside the world of ‘timepiece tourists,’ who spend tens of thousands of dollars on luxury watch-themed vacations

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The seven switchbacks up to the top of Bürgenstock mountain are emotional for Dr. Pablo Richard. “My grandfather fell in love with this place,” he said, steering his new black Range Rover Sport along the curves. “I was little when he told me, ‘This is one of the most amazing spots in Switzerland, or in … Read more

Angry tourists are ditching vacations in the U.S. over Trump’s ‘bullying’: ‘The U.S. is not perceived as a welcoming destination’

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Olja Ivanic looked forward to welcoming some cousins from Sweden to her Denver home in June. Ivanic and the four travelers were planning to go hiking in Colorado and then visit Los Angeles and San Francisco. But then President Donald Trump berated Ukrainian President Volodymyr Zelenskyy in a February meeting at the White House. Ivanic’s four relatives … Read more

Virginia school board member sued for allegedly embezzling $175K for strip clubs, vacations, campaign expenses

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A member of the Fairfax County School Board in Virginia has been sued by a local flight school on accusations that he embezzled $175,000 from the company for personal expenses. The lawsuit filed against Kyle McDaniel, also a secretary and treasurer of the flight school Blue Label Aviation, alleges he used a company credit card … Read more

Here’s how a travel concierge plans bespoke vacations for celebrities and the ultra-wealthy 

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“Recently we are seeing a trend in quiet luxury and slow travel where guests are looking to avoid the over-saturated tourist areas and finding the places which are off the beaten path,” according to Elpida Kennedy, CEO of Kennedy’s Group and My Blossom Travel. miodrag ignjatovic via Getty

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