RS Management Limited

RS Management Limited (RSM) is a privately held company that specializes is creating, developing and managing branded high end leisure and entertainment related ventures and projects that have a high probability of generating above average revenues relative to the required investment.

RSM provides a comprehensive range of general management services for all relevant aspects of the venture and in turn receives management fees that are linked to the venture’s revenues. Where RSM owns equity in the venture – it receives a share of the ventures’ revenues.

RSM managed ventures are privately owned and an integral part of RSM’s sponsorship of such ventures is to provide a level of development financing to assist the selected ventures realize their full revenue generation potential as early as possible.

Currently RSM is engaged in the development of Richman’s International Millionaire’s Clubs, The Royal Nanjing Jockey Club in China and Richman’s Racing TV for China.

RSM, manages a portfolio of assets with an enterprise value of more than US$1.2 billion which has been acquired through equity linked financing. RSM will be raising an additional US$250 million to finance certain aspects of its three priority ventures.

The additional US$250 million is to be raised either through a six year secured term loan or through the private placement of six year Redemption Secured Multi-currency Notes. RSM’s forecasted revenues from its general management fees and equity investments from the three ventures is expected to average US$1.09 billion per annum over the six year term of the financing.

Principals or intermediaries interested in participating in or acting as advisers or placement agents for the financing should email the author for additional company contact information.

This article has previously appeared in the MENAFN Network.

Richman’s Clubs Concludes Worldwide Benefits Deals

2010-02-24T18:24:00.000-08:00

According to RS Management Limited, Global General Managers for Richman’s International Millionaire Clubs (“Richman’s IMC”), now in its third year of development, announced that it has concluded several global deals that now brings Richman’s key membership privilege of the One Club, Worldwide Benefits concept another step closer.

Recent deals with international service providers now assures that Richman’s members, anywhere in the world, enjoy truly VIP welcome and privileges at some of the world’s best golf, hunting, fishing and dining clubs and resorts, private jet services, business networking with Royalty and Senior Government Officials, global VIP concierge services etc. These are of course in addition to membership benefits at Richman’s owned YachtClubs at sea and its horse racing clubs.

Arrangements are also been made for the First Pass powered Richman’s Biometric Membership Card, that’s embedded with a credit line of up to US$1 million, to be accepted at various partner clubs and establishments worldwide. Plans are also underway for the Richman’s Membership Card to provide VIP Visa On Arrival Status at various international airports.

“We believe that Richman’s memberships offer exceptional value to those who appreciate the value of quality and convenience. We are therefore in no hurry to market our limited memberships so we are taking the time to develop each membership benefit carefully”. Said Dr A S Johan.

China’s wealthiest are gaining against their U.S. counterparts

2009-11-12T23:44:00.000-08:00

According to an article in Forbes by Russell Flannery and researched by Maggie Chen, Danni Cao and Jiang Yan and by Forbes China, Chinese tycoons are making huge gains, at a time when many of the world's richest haven't been as lucky, thanks to strong economic growth and rebounding stock markets.

Chinese tycoons are also giving some of their American rivals a run for their money. Baidu's Robin Li is worth $12.4 billion less than his rivals at Google Sergey Brin and Larry Page, but he has bragging rights for keeping Google at bay in China; his Internet search engine's market share in his native country is about double that of its American nemesis.

Chinese billionaire Chen Yihong's China Dongxiang is seen as one of the country's most competitive sports apparel brands, going up against internationals like Philip Knight's Nike.

The Chinese expression, shi lai yun zhuan, which means "a new moment has arrived, and luck has changed," captures well the improved fortunes of the country's richest. But the best may still be yet to come. More than ever, there are new opportunities for Chinese entrepreneurs willing to seize them, and along with those opportunities, still more fortunes to be made.

Read the full story from Forbes.Com

Asia's Elite stick to 'old' media!

2009-09-22T21:48:00.000-07:00

According to the latest BE: Asia survey conducted by Ipsos Media CT, Asia's business elite is showing little sign of moving away from more traditional media.

The research found that although business travel was down as a result of the recession, executives have made few changes in other areas compared to last year. A rise in the use of digital media among Asia’s business decision makers has not affected the relevance of international print and broadcast media.

A total of 67 per cent of subjects - the same rate as last year - were shown to read one or more international print publications, while 98 per cent stated that they had read the last issue of a printed magazine or newspaper. The Wall Street Journal Asia was shown to be the most widely read daily title with a 17 per cent share, while Time Warner’s Time emerged as the most popular weekly magazine, reaching 23 per cent of respondents (an increase of one per cent on the previous year).

TV viewership also remained relatively high, with 50 claiming to have watched an international TV channel the day prior to participating in the survey. CNN was identified as the most popular channel with a reach of 29 per cent.

At the same time, the study highlighted a significant increase in digital uptake. In particular, reference to Blogs had increased by 10 per cent, with 49 per cent stating they had read one in the past month, and 11 per cent claiming to have contributed a posting in the same period; 63 per cent had visited an international media owner’s website within the past month (the most popular being Yahoo News, with a weekly reach of 33 per cent); 29 per cent had used social networking sites; and 27 per cent had accessed online content via a mobile device.

James Torr , Ipsos Media’s global client service and business development director, expressed little surprise at the group’s continued reference to more traditional media, describing the subjects as “a unique audience”.

“Traditional broadcast media is still extremely important among C-suite executives when looking for news and business information. That said, they are like ‘information sponges’, accessing information from lots of different places.”

The annual survey assesses the behavior of senior business executives with regard to media, travel and finance, canvassing 9,580 subjects across eight markets including Hong Kong, Singapore, Taiwan, South Korea, Indonesia, Malaysia, Thailand and the Philippines.

On a similar note, Dr A S Johan, an adviser to Richman’s Clubs and Richman’s Racing said that one of the most traditional of media was the larger – than - life outdoor hoarding sites – now greatly enhanced through digital technology. In particular large screen advertising at special events like horse racing. Richman’s race course advertising provides brand owners the opportunity to associate their brands with an elite sport like horse racing to a unique audience of both wealthy and regular folk... gathered to have a good time.

Movers and Shakers Magazine: Cartier International Polo

2009-08-10T19:30:00.000-07:00

Movers and Shakers Magazine: Cartier International Polo

Stud Farms – a surer way to make money from Horse Racing

2009-08-02T20:07:00.000-07:00

If you thought that the only way to make money from horse-racing was to win an outsider filled triple trio bet...think again. The real pros know just where the risk free dough is – Stud Farms.

Sheikh Mohammed bin Rashid al-Maktoum, the ruler of Dubai, currently has 17 stallions standing at stud in Darley - a stone’s throw from Lexington International Airport. Previously known as Jonabell farms - after respected horse man John A. Bell III, it was renamed Darley after it was purchased in 2001 by the Sheikh.

Darley commands between $7,500 and $150,000 dollars for every successful deed and during the breeding season studs are working three times a day, with a goal of impregnating around 2,000 mares. That’s a pretty good return on investment, considering few of the stallions ran more than a dozen races in their entire careers.

If you think this is a great way to make money - consider this. The Richman’s IMC affiliate - Royal Nanjing Jockey Club (RNJC) in China will be requiring more than 4,000 horses to cover all of its planned races there. Having bloodstock and a stud farm at RNJC with exclusive rights to supply this demand is sure to be big business.

China has the world’s largest population of people known to love all forms of gaming. The fact that Macau has overtaken Las Vegas gaming related turnover is sure proof that the Chinese love gambling and treat is as a business. Addiction is not such a big issues as it is elsewhere in the world.

Furthermore, China is also the world’s fastest growing economy and is creating a record number of new millionaires and an affluent middle class of active shoppers. To find out more about stud farm and horse-racing opportunities in China’s email us...

Read the full Darley story from Wired.Com

Chuppies Lead Chinese Economic Recovery!

2009-07-22T18:31:00.000-07:00

Chuppies Lead Chinese Economic Recovery!
By Steve Coipa

China’s urban elite are role models with a lifestyle sought by hundreds of millions of Chinese. As more and more brands vie for market share how would you ensure your fair share? Remember no brand is immune from becoming irrelevant...

High profile sports and entertainment events are powerful tools for corporate and brand relationship building with key customers, top employees and the people who make your business a success. Creating a lasting impression starts with associating yourself with the right events.

Some of the biggest brands in the world understand the importance of associating with events that their customers and potential customers view as reflective of their lifestyles. Their ability to successfully import this capability into China will determine who wins and who doesn’t.

According to RAOMABO Associates, China's economy is certainly well on the path to recovery! Last week, China announced that its second-quarter GDP growth clocked in at a mind-boggling 7.9% - while the rest of the world was stumbling. China is on track to exceed projections for 7% economic growth for the full 2009.

I personally observed this robust economic growth and turnaround firsthand on my recent trips to China - so I wasn't really surprised by the strong numbers. This economic rebound was apparent throughout China from larger cities like Shanghai and Nanjing to second tier ones like Xian as well...and it was the leisure industry that seemed to be leading the growth.

The leisure industry which was a largely unknown concept in China just a few years ago has now become a commonplace and popular topic. Leisure, entertainment, vacation and consumption have become hot topics of conversation that have attracted the attention of both the government as well as ordinary citizens.

Statistics have shown that when the national average Per Capita Income reaches US$1,000, demand for leisure comes into being. China’s per capita GDP reached US$1,700 in 2005 and triggered an era of phenomenal development of the leisure industry. Today the PPP stands at around US$4,990.

One of the most awesome trends in China today is the strength of the Chinese consumer. For years, I've been predicting that China's rapidly expanding and affluent middle class -- commonly referred to as Chuppies -- would replace U.S. Baby Boomers as the most influential consumer group in the world by 2020. Considering the current global economic crisis and China’s resilience, I think Chuppies may well overtake U.S. Baby Boomers much sooner.

During a time when most consumers worldwide are cutting back, the Chinese continue to spend. Throughout my trip to the Greater China region, I observed the Chinese ability to spend. While consumers worldwide are feeling the pinch of the global recession, the Chinese have a huge savings pool and wealth is being created throughout the country due to the Chinese government's stimulus package and the country's incredible bank lending policies. As a result, Chinese consumers are growing richer and spending like never before. They're now the main customers at China's high-end restaurants and hotels and are the largest group of visitors to the country's most popular tourist attractions.

Leisure is one of the strongest sectors in China today

With Chinese consumers increasing their income and spending - domestic consumption has been a strong driver of economic growth in China this year. In fact it's played a key role in the country's ability to post 7.9% GDP growth during the second quarter.

A number of sectors have benefited greatly from the Chinese ability to spend amid the global economic recession, including travel. But I think China's leisure industry has been one of the greatest beneficiaries. In fact it’s actually one of the strongest sectors in China today. Now that's a trend any market person should sink their teeth into!

Helen Wang a noted authority on middle class consumer trends in China says, “If you think of China as only being the world's largest low cost manufacturer, think again. As its economy continues to grow, a burgeoning and increasingly affluent middle class of consumers is rapidly emerging.“

The number of households that have achieved middle class status reached in excess of 920 million in 2008 - mostly in coastal urban areas. These urban elite or Chuppies are attracted by the western lifestyle. As they become more sophisticated, they seek out the higher-end designer aesthetics of western brands that have traditionally been unavailable from cost-conscious local designers and manufactures.

Walking on the streets of Shanghai, it’s not rare to see European luxury labels like Louis Vuitton all over the place - and beleive me they are not FAKES. While fakes are manufactured in Asia – its buyers are not the Chinese Yuppy. They wouldn’t be caught dead with a fake.

You’ll even see brands never seen in the US, like Bentley and Harry Winston. Chinese Yuppies are very status-conscious people. The new rich know what prestigious brands are in. And they want these to reflect their status. Whether it’s Rolls Royce for cars, Dunhill etc. for shirts, or Cartier etc. for jewelry.

When Chinese Vogue was first launched, its print run of 300,000 copies sold out almost immediately. US magazine Better Homes and Gardens has partnered with one of China’s biggest print media companies to launch a Chinese edition of the magazine, with a mix of American and China-specific content to target local consumers and advertising markets.

The urban elites are role models with a lifestyle sought by hundreds of millions of Chinese. It’s estimated that another 300 - 400 million consumers from second tier cities will be joining the middle class in the nextfew years. China will soon become, if not already, the world's largest market for new purchases of eveything from cosmetics to computers to automobiles.

So where does all this leave you and your brand? Well, as word of the huge marketing opportunities in China spread, more and more brands will be vieing for market share. Remembering that NO brand is immune from becoming irrelevant...how should you position your brand in the eyes of China’s growing affluent?

One globally successful strategy is to associate your brand with Horse Racing in China. A sport that has retained its historical position as the sport of kings. Although it’s an emerging industry in China - the Chinese passion for competitive sports guarantees that horse racing will become phenomenally popular with both the afffluent, as race horse owners and the masses as supporters.

One of the few properly licensed companies permitted to run horse racing in China is my client. A company that is leading the revival of horse racing in China. Drop me, Steve Coipa, a line and I’ll suggest how you can secure a place for your brand in the minds of China’s exploding Chuppies. Afer all it cost’s you nothing to find out...

If Asian Brands Go Global, Will Global Brands Still Remain Relevant?

2009-07-21T01:26:00.000-07:00

In his popular article “Marketing of Luxury Brands to New Millionaires” Verbal Identity Guru Steve Coipa states that Global Brands need to adopt non traditional branding tactics to reach the Asian new rich. Just remember 20 brands have already died so far this year...

According to a story by Kenny Lim for Media - London brand consultancy Wolff Olins has predicted that the next globally recognized brands will come out of Asia, the Middle East or South America, signaling a shift in global wealth economics from the West.

A study for the Financial Times showed five food and drink brands from emerging markets that are tipped to make an impact on the world stage. These include China’s ChangYu, the country’s largest wine producer, and United Spirits, the largest spirits company in India.

Juan Valdez Café, a coffee chain from Colombia, Almarai, a dairy and fruit-juice company from Saudi Arabia, and Patchi, a Lebanese boutique chocolate chain, make up the rest of the top five.

Wolff Olins strategist Melanie McShane said that brands once needed to dominate the US market to become globally recognized, but that has now changed, as brands now need to be number one in Asia first.

Karen Flynn, strategic communications director at Patroids, noted that Asian brands have the hunger to succeed and “will rise to the top as they become more savvy in marketing themselves outside of their national markets and look for growth in the region”.

She added that consumers in Asia are “also turning to ‘locally made’ brands, and that in itself will help turn the tide”.

Horseracing a Fantastic Way to Strengthen International ties says Ambassador

2009-07-17T00:03:00.000-07:00

Virtually, all cultures have an appreciation for sport which makes it one of the best methods to persuade other to listen to you while getting entertained.

Sport in reality is not all about competition in which there are winners and losers, but goes far beyond that - especially for diplomats who are operating in places where the public opinion is crucial for success. Read the full article from Khaleej Times.

Click to...

Movers and Shakers Magazine: If You Want Quality Always Pay Full Price...

2009-07-14T00:15:00.000-07:00

Movers and Shakers Magazine: If You Want Quality Always Pay Full Price...

A New Alternative Investment – Private Club Memberships!

2009-07-05T18:58:00.000-07:00

According to an article in MENAFN - the Middle East Financial News Network, acquiring Pre-Launch Private Club Memberships at deep discounts for Post Launch sale could be a good short to medium term Alternative Investment.

Apparantly smart hedge fund and private equity fund managers, fed up with how the supply of shares and debt securities from corporations are being infinitely increased in this downturn, could seriously be looking at Transferable Memberships in Exclusive Private Clubs where supply is strictly limited to supporting infrastructure and facilities. Read full story ...

Secret List Claim Just Pure Speculation!

2009-06-24T23:34:00.000-07:00

A recently published Blog by lifestyle commentator Jayke Umarezz, has suddenly become hot news. The Blog asked what President Obama, Lakshmi Mittal, John Evans Atta Mills, Dr A S Johan, Oleg Deripaska, Alhaji aliko Dangote and Sheikh Khalifa bin Zayed bin Sultan Al Nahyan had in common.

The blogger claimed that these national leaders and billionaires were on a secret list of invitees for the potential award of special Honorory Memberships in Richman’s International Millionaire’s Club.

However both Dr Johan and RS Management Limited – Global General Managers for Richman’s IMC, have stated that they will neither confirm or deny the existance of the so called secret list as it would be contrary to their policy regarding the disclosure of member particulars.

RS Management has however confirmed that they are in the process of organising the first in a series of annual Richman’s InterWorld Horse Racing Challenges that is expected to carry a Champion Prize in excess of US$10 Million.

The event which will be held at a selected racecourse will be open to entries from race horse owners from around the world and certainly the world’s elite will be invited.

For more information you may search Google using Richman’s IMC as your search word or please contact the author.

How to Market Luxury Brands to New Millionaires!

2009-06-16T23:16:00.000-07:00

“Marketing luxury brands to the rich is complex enough. But it could be a real challenge marketing to the new rich?” By Steve Coipa

It’s official: The luxury industry is back after a short rest. According to an article in Forbes referring to the global consulting firm, Bain & Company's 2012 Luxury Market Update, the luxury goods industry is poised for full recovery in 2011. The report is authored by Claudia D'Arpizio, a partner based in the firm's Milan office.

The study covered some 220 luxury brands, which includes leather goods, fashion, jewelry, alcohol and cosmetics companies that serve high net worth customers, or those with assets of US$1 million or above and concluded that spending on luxury is expected to pick up to around $230 billion per annum by 2012. New millionaire from countries like China, India etc. will be leading the charge.

Rules of the game: While some golden rules of marketing remain, there are a few new ones that need to be recognized. The new rich seem to believe in the maxim - “If you’ve got it, you’ve got to be able to show it...or else you ain’t really got it”

There are those who think that, because of the current poor economy, the wealthy now want to be understated and subtle about their wealth. Well, as far as the new rich are concerned this idea is completely wrong.

Why Luxury Brands?: The rich patronize luxury brands for a variety of reasons. Although most would just prefer to say they buy for the quality of the product, the real reasons are more at the subconscious level – like peer recognition and approval, status, the admiration (envy) of the not so rich i.e. the aspiring rich etc.

Luxury Brands Marketing: Luxury goods brands deploy a wide variety of techniques to keep their brands within the mindset of their customers... both current and in particular future customers. While public relations and advertising in selected media has been the mainstay, savvy marketers have also used event sponsorship for decades... but mostly in name only.

However, in the last few years, a down economy has forced many luxury goods marketers to become more creative in reaching their target audiences.

Historically, marketers of luxury brands such as liquor, fragrances, timepieces, fashion and cosmetics have consistently pursued a luxury pricing strategy in order to maintain an impression of exclusivity. That strategy meant limiting the availability of products, price mar-ups etc. The thinking was, that their brands had to be guarded against brand devaluation.

But with luxury brands facing stiffer competition from new entrants and in an economy that’s presenting additional challenges, the risk of becoming irrelevant or God forbid! Being considered ordinary is very real, Luxury brands are now reinventing themselves to a whole new generation of potential customers. They are moving above advertising, that’s available to all with a budget, to considering unique, limited availability sponsorship of events and activities that are easily identified with the rich and famous, for differentiating their products.

Building Brand Image through Sponsorship: It takes a lot to build and a lot more to maintain a brand’s upscale image active in the minds of customers. And this is vital to the success of any luxury brand. There is no better and more cost effective way to build and secure that image than by regularly aligning with luxury events organized by equally luxury oriented organizations.

Take for example Richman’s International Millionaire Clubs. Its Charter Corporate Platinum Memberships is limited to just 100 globally, and is reportedly the world’s most expensive private club memberships. This particular class of exclusive membership offers much more that just one club membership with worldwide benefits not offered by any other club in the world. These memberships offer its holders exclusive rights to thirty years of corporate sponsorship rights to horse racing and other international millionaire events, at no additional cost - a value probably far in excess of the cost of membership. Of course the club probably has other classes of members who don’t necessarily enjoy these free sponsorship rights.

Luxury brands could sponsor both international and country specific events like the Richman’s Inter-World Horse Racing, Polo, Motor Racing, Golf etc. Challenges. In addition to on site attendance, these events indirectly reach a huge world wide audience of both the rich and rich wannbes through extensive television and Internet coverage of the event - thus prividing sponsors with media coverage at no extra cost. It would cost a substantial fortune to purchase this amount of media coverage through advertisements.

The point is that apart from just media coverage, sponsorship is a unique platform that has exclusive, specific and strong traits and personalities in identifying with and influencing both directly and subliminally with the wealthy and the rich wannabes. Selecting events with qualities most similar to a brand provides a very powerful vehicle for drawing attention to, and sustaining the image of the brand. Additionally, the lifestyles of these events’ patrons – i.e. expensive, exclusive with limited access etc. will greatly reinforce related qualities of the luxury brand over time.

Innovative Brand Building Relationships: Luxury brands must seek to stand out among their competitors. Therefore, the atmosphere in which luxury brands engage their most committed customers must match the exclusivity of the brand and the lifestyle it seeks to represent. Properly planned and activated hospitality programs leave a more lasting impact on the biggest customers than image-laden ads in high-gloss limited-distribution lifestyle magazines - a medium that lifestyle brands have traditionally leaned on for years. In using lifestyle magazines, it’s probably more cost effective to pitch them on co-sponsoring events or subsidizing hospitality programs rather than straight advertising in them.

The New Rich. Are they different?: Old money is just that – it’s OLD. It has it’s established habits and favored brands. It’s entrenched and less concerned with peer pressure or living up to the Joneses. Sad but true...Old money is a dieing breed and worst of all it’s buying less and less. “To survive and grow, luxury brands need to market to the new rich.”

Unfortunately the very people who are responsible for marketing and maintaining the image of many established luxury brands have grown old with their brands. Old – but not necessarily in biological age terms... but in philosophical and mind set terms. What worked well before may not work as well anymore...and the lean and hungry competition is just around the corner

In general, luxury brand purchasers are accustomed to being pampered, but they are also used to having access to the hottest parties, entertainment events and sports venues. Their experience threshold is much higher than the average fan. The new rich want all of this and more...and on more terms relevant to them.

For instance, a great view from a luxury hotel suite would be a truly memorable experience for most. For many consumers of luxury brands, it's an average experience. But for the new rich it’s more. They want the whole world to know that they can afford to stay at the luxury suite. The view is an added bonus.

Event Sponsorship provides a unique, non competitive, really exclusive platform for bringing truly memorable experiences to the new luxury consumer... and in a way he or she wants it. Perhaps the experience needs to be a bit over-the-top and maybe the average investment per invitee is going to be higher than the usual customer entertainment event but when you’re selling luxury to the new rich, coddling the customer just that much more is well worth the investment.

For more information on Luxury Brand sponsorship opportunities at Richman’s IMC organized events, please contact the author.

New Dubai Track to Host First Race in 2010

2009-06-11T18:44:00.001-07:00

According to a story in Bloodhorse.Com the new Meydan Race Course in Dubai will host its first race meeting on January 28, 2010.

The meeting will coincide with the start of the 2010 Dubai International Racing Carnival and feature the opening round of the Al Maktoum Challenge (UAE-III) for Thoroughbreds and group I Al Maktoum Challenge for Arabians.

“It is with great pleasure and excitement that we announce the first meeting to be held at Meydan,” said Saeed Humaid Al Tayer, chairman of Meydan.

“The racing facilities will be ready by Oct. 31 this year. This way, horsemen, whether they are Dubai-based or visitors from abroad will have time to familiarize themselves with the facility before racing begins in January.

“Meydan was introduced to the world on the eve of the Dubai World Cup in 2007 and to have it ready for racing in January 2010 is a remarkable achievement.”

Meydan will encompass two tracks, a 1,750-meter all-weather surface inside, and a 2,400-meter turf course, while its grandstand will accommodate 60,000 people and include a five-star hotel, marina, IMAX cinema, six haute cuisine restaurants, and a museum.

“(At Meydan), unparalleled levels of luxury, customer comfort, and racing technology will be combined to create the ultimate horseracing experience,” said Al Tayer. "As we are setting the benchmark in terms of world-class facilities, we want to complement that with increased prize-money of $10 million, to continue to entice the best horses in the world for the 2010 Dubai World Cup.”

Derived from an Arabic word meaning “where people congregate and race,” Meydan will take the place of Nad Al Sheba, which was Dubai’s center of racing from 1992 until the 2009 Dubai World Cup (UAE-I) in March.

Note: General Managers of Richman's IMC, we will be negotiating for Richman's Members to be able to race their horses at the Meydan Race Course.

Maybe down but not out!

2009-05-29T02:38:00.000-07:00

A drop in net worth perhaps, but still millionaires.

According to Forbes, the top 40 richest people in Malaysia saw their wealth shrink a bit, because of lower share values, but are still millionaires. See the full list...

A S JOHAN GMS: A Day at the Races in Old Shanghai?

2009-05-27T01:18:00.000-07:00

A S JOHAN GMS: A Day at the Races in Old Shanghai?

Recession? What recession?

2009-05-26T19:54:00.000-07:00

According to an article by Jeff Miller, Christie's Hong Kong Jewels Sale Tops $33M, 90% Sold by Lot ...more

The Most Expensive Private Club in the World?

2009-05-22T19:10:00.000-07:00

Talks about recession and slower economic growth does not seem to have affected one Hong Kong company that’s accepted the challenge to develop the most expensive private club in the world...more

Australian Millionaire's true passion - his horses!

2009-05-21T20:38:00.000-07:00

Gerry Harvey, one of the top 40 Australian millionaires as listed in Forbes, made his fortune in electronics retailing, but his true passion are his horses.

Gerald Harvey's dream of becoming rich was born at a racetrack more than half a century ago. A 17-year-old self-described "bush boy," he had just arrived in Sydney to attend college on an agriculture scholarship when a new pal coaxed him into going to a nearby track.

Having always been "a bit interested" in horses, from occasional pony rides to working as a bookie...more

St. Regis Aspen Residence Club Memberships Sell Out

2009-05-19T07:51:00.001-07:00

According to the prestigious Sherpa Report all 275 of the memberships have been sold out at prices between US$300,000 and US$1.5m for just four weeks of ownership of a 2 or 3 bedroom suite...more

The cost of saying Donald Trump is a mere millionaire... $5bn

2009-05-19T04:20:00.000-07:00

Stephen Foley reports that Businessman sues journalist who questioned scale of his wealth...more

“What do successful international companies and business people consider to be the ONE most important reason to belong to an exclusive private club?”

2009-05-13T10:04:00.001-07:00

While you're thinking of the answer...we'll share what we discovered by asking successful international corporations and business people around the world. Click Here

NEW US ONLINE GAMING LAWS EXPECTED TO BE A BIG BOOST FOR INTERNATIONAL RACE COURSES

2009-05-07T20:27:00.000-07:00

The upcoming legalisation for online gambling in the US could mean a big boom for race courses around the world by encouraging online gaming companies to purchase live racing feed from race courses around the world.

According to an article in the Financial Times, Barney Frank, Democratic chairman and head of the House financial services committee wants to introduce a licensing regime for online gambling companies, modifying anti-gambling laws in the USA.

Mr Frank’s office said he would “unveil legislation that will enable Americans to bet online and put an end to an inappropriate interference with their personal freedom”. He believes that criminalising the industry puts gamblers at risk by encouraging them to go to unregulated sites overseas.

The proposed law would allow licensed operators to accept bets placed by credit cards, opening the door to a possible re-entry of domestic and overseas companies...read the full story...

A S JOHAN GMS: World's Most Powerful Luxury Brands

2009-05-04T19:01:00.000-07:00

A S JOHAN GMS: World's Most Powerful Luxury Brands

Super-rich tycoons hold onto fortunes!

2009-04-29T20:49:00.000-07:00

Despite the current economic climate the super-rich tycoons in the district have managed to keep onto their fortunes, according to this year's Rich List...more

SECRET Millionaire reveals how a 11 to 1 bet on a horse got him started....

2009-04-26T07:56:00.000-07:00

A SECRET Millionaire reveals how a 11 to 1 bet on a horse got him started on the road to riches...more

A S JOHAN GMS: Greetings from China!

2009-04-23T19:16:00.000-07:00

A S JOHAN GMS: Greetings from China!

A S JOHAN GMS - Markets News: Recession? What Recession?

2009-04-09T18:19:00.000-07:00

A S JOHAN GMS - Markets News: Recession? What Recession?

Richman's & The Royal Nanjing Jockey Club (sample pictures)

2009-02-09T19:51:00.000-08:00