The conglomerate is no stranger to the business because in 2006 it launched “Cheval Blanc” (FYI White Horse), a five stars hotel located in one of the most luxurious ski resort in the French Alps. To add even more cachet to the hotel, the restaurant was awarded two stars from influential gastronomy critique le Guide Michelin.

For the record “Cheval Blanc” is a prestigious red wine from Bordeaux, Saint-Emilion Premier Grand Cru which was owned by one of Bernard Arnault’s holding, the Arnault Group, who also happens to be CEO of LVMH. Last year, LVMH bought 50% of Chateau Cheval Blanc from the Arnault Group (so basically M. Arnault bought the winery from himself).

For now the two “Cheval Blanc” hotels are under construction in Egypt and Oman. The Egyptian hotel will consist of 40 suites and the Oman project located on a desert island in the Indian Ocean, will have 32 villas.

Each hotel will carry brands from LVMH, from Louis Vuitton to Dior and even a Givenchy Spa. Because as the French Group stated, to enter the Hotel business is a way to maximize the value of its brands.

LVMH brands include Louis Vuitton, Fendi, Loewe, Céline, Kenzo, Givenchy, Guerlain, Moet& Chandon, Dom Pérignon, Hennessy, Hublot, Chaumet, de Beers, Tag Heuer

British designer Stuart Hughes has created the most expensive cell phone on Earth by adding some serious bling to Apple’sIphone making it the most expensive phones in the world. “The iPhone is the phone with the most tricks on the market. What possibly could we do to trick it up more? Bless it with the finest precious metal and jewels,” Hughes told PC Advisor.

It took Hughes 10 months to create the phone. “Most of the 10 months was spent trying to source the diamond for the navigation button,” Hughes said. The Apple logo, embedded in the gold casing on the back of the phone, is made of 58 diamonds totaling roughly one carat.  The navigation button on the front of the iPhone was made from a rare seven-carat diamond. Phone retails for $3Million Dollars.

It is also tangible proof of Dubai’s growing role in a changing world. In fewer than 30 years, this city has transformed itself from a regional centre to a global one. This success was not based on oil reserves, but on reserves of human talent, ingenuity and initiative. Burj Khalifa embodies that vision.

Mr Mohamed Alabbar, Chairman, Emaar Properties, said: “Burj Khalifa goes beyond its imposing physical specifications. In Burj Khalifa, we see the triumph of Dubai’s vision of attaining the seemingly impossible and setting new benchmarks. It is a source of inspiration for every one of us in Emaar. The project is a declaration of the emirate’s capabilities and of the resolve of its leaders and people to work hand in hand on truly awe-inspiring projects. 

Emaar had but one inspiration, the unflagging enthusiasm set in motion by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, who inspires us to reach for the stars.

Updown Court

The Updown Court is just 25 miles off London.  You have Elton John, Duchess of York, and the Queen in Windsor Castle as neighbors.  This extravagant property is rumored to cost Dubai prince Sheikh Mohammed bin Rashid Al Maktoum about 70 million pounds.  Frequent guests to the mansion are high officials and VIPs.

For spending this much, the owner of the Updown Court gets to enjoy only the finest amenities, which include up to 103 rooms, 22 bedroom and bathroom suites, and complete sports facilities such as a bowling alley, squash court, stable, tennis courts, and swimming pools.  The 52-acre estate also houses its own luxury apartments and has 24-carat-gold leafing flooring.  The master bedroom alone comes with its own swimming pool, while the infinity pool is found on the rooftop.  The elegant structure has marble columns and double staircases.

Villa Leopolda

This 1902 property located at French Riviera has Belgian King Leopold II as among its first dwellers.  The 392 million pound Belle Époque mansion was sold in 2008 to Mikhail Prokhorov, a Russian billionaire who amassed more than $22 billion in fortune as a precious metal mogul.

The 22-acre garden alone requires up to 50 full-time staff just to tend the garden.  There are about 1,200 trees sprawled throughout the wide expanse.  It has an olympic-size pool and some castle-like structures.  It looks like it has a never-ending staircase and some of the finest architecture money can buy.

Audrey Ross, Senior Vice President of Esslinger Wooten Maxwell, Inc. Realtors, in conjunction with Cassy Everhart of Russell Post properties, have sold the coveted Tower Suite penthouse in The Gables Club Condominium for $9 Million, making it the largest residential condo sale in Coral Gables History.

This one of a kind 10,000 SF+ condominium property occupies a prominent position on waterfront Edgewater Drive. The Gables Club is one of Coral Gables premier addresses and has luxury restaurant accommodations on the ground floor, fully equipped fitness center and open plan residencies. The elegance and sophistication of modern Grecian architecture are seen throughout this spectacular two floor unit with breathtaking panoramic waterfront views of the Downtown Miami skyline and the open bay.

According to recent Facts and Trends and data collected by the National Association of Realtors, sales of condominiums in the United States, and especially Miami are rising, despite ongoing volatility in the nation’s housing market. Real estate industry leaders say condo sales rose more than 30 percent over the past year ending in May, with the surge in Miami purchases being led by overseas investors.

For More information on selling your home, visit www.miamirealestate.com or call Audrey Ross at 305-206-4003.

The new look

A departure from past designs, the 2010 Ferrari 458 Italia features a Pininfarina-designed shell. This new design may stir up some controversy but according to the company, the new shell design is actually based on aerodynamics. The futuristic shape is claimed to help create a downforce of 309 pounds at 124 mph, while the vehicle’s flat underbody improves airflow.

As for the interiors, the driver is the sole focus. Based on years of racing, the team behind Ferrari’s 485 has created longer paddle shifters, while the buttons for high beams, turn indicators, and wipers are now found on the steering wheel.

Adorable Tots

This English company is known for its Swarovski Crystal Nursery set. Adorned with Swarovski crystals, this nursery set will surely add bling to your precious one’s spacious room.

Theophile & Patachou

A company based in Belgium, luxury brand Theophile & Patachou offers an assortment of ultra soft beddings and other furniture pieces such as dressers, wardrobes, and cribs. Among its famous clientele are Hollywood actress Angelina Jolie and Belgium’s royal family.

Dragons of Walton Street

The Dragons of Walton Street are popular for their hand-painted babies’ and kids’ furniture. These furniture pieces are superbly crafted, offering buyers only the best products.

Kidsmill

Kidsmill is a Dutch luxury company that offers custom-designed furniture pieces to suit your baby’s needs while keeping up with your lifestyle.

Whether you’re buying room furniture for your kids or are looking for a luxury gift item for a super stylish mom-to-be, these brands are definitely worth checking out.

Bugatti Veyron

The Bugatti Veyron costs about $1,700,000.  It can reach the speed of 0-60mph in 2.6 seconds and is rated as one of the cars to have the fastest acceleration.  It is one of the most expensive in the line of street legal cars and also one of the fastest with the speed of 253 mph+, next to  SSC Ultimate Aero.

Lamborghini Reventon

The Lamborghini Reventon has a price tag of about $1,600,000.  For this price, you get a very powerful car built by world-renowned Lamborghini.  You need only 3.3 seconds to warm up and increase the speed to 60 mph.  The top speed of this car comes at  211 mph.  There are only 20 people who has this car, which makes it very exclusive.  Aside from rarity, the high class design is another reason for its high price.

McLaren F1

McLaren F1 costs a little less than a million dollars, or $970,000.  This car model is hailed as the fastest and priciest back in 2004.  It has a top speed of 240 mph and can easily accelerate to 60 mph n 3.2 seconds.

Gordon Ramsay, London, England

Gordon Ramsay is a well-known chef who has achieved celebrity status in the restaurant business.  He is one of the most famous chefs today, so it won’t be a surprise if his restaurant may require you to pay about $200 for an average meal.  The restaurant offers a great dining experience with limited tables, so make sure that you have a reservation.  Among its specialties is the cornish lamb and pigeon.

Alain Ducasse au Plaza Athenee, Paris, France

This restaurant in Paris France is known for serving sumptuous French cuisine.  The place is very upscale, fit for anyone who wants nothing but luxury and the best of gourmet cooking.  Among its specialties is ala carte dining.  Customers can order any meal combination that they want such as giblets of lamb, duck liver sauce, or even caviar.  This restaurant also serves great treats to full course meals with yummy desserts.  An average meal can cost more than $200.

Aragawa in Tokyo, Japan

Be ready to spend more than $300 for regular meals in this restaurant, which is found at an office building’s basement. Although it doesn’t look like other posh restaurants, one of the best kobe beef is served here.  Foodies say that money is well-spent for the restaurant’s specialties.