The numbers are staggering: according to a recent report by Coldwell Banker Global Luxury, the amount of money invested in luxury real estate in 2021 was greater than 2019 and 2020 combined. And according to data compiled by appraiser Miller Samuel, at least 40 residential properties sold for more than $50 million in the U.S. alone, setting a new record in the ultra-luxury sector. Helping it all along, the world’s 500 richest people added more than $1.2 trillion to their fortunes in 2021, according to the Bloomberg Billionaires Index, “powered by booming stock markets and central banks flooding economies with new money.” In addition, dozens of new billionaires were minted in 2021 thanks to “initial public offerings, SPAC deals, and cryptocurrencies,” Bloomberg notes, the latter in particular responsible for adding many billions in net worth.
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WATER WORLD
The New York Yacht Club team, American Magic, will make another run at the America's Cup in Barcelona through October
THE 2024 MAXIM HOT 100
What does it mean to be hot? Maxim's eagerly anticipated Hot 100 portfolio asks just that, charting the individuals who are blazing a trail in entertainment, fashion, sports and pop culture. Not only are these world-class stars soaring high, breaking ground, smashing records and inspiring future generations with their inimitable talent and determination, they're doing it all while emitting a sizzling, sparkling energy that leaves us in awe. Read on with caution: These names are on fire right now!
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SPORTS STAR
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