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Takeaways From The Bacardi Cocktail Trends Report 2024
Thursday, February 1, 2024 - 3:00pm | 556Bacardi Ltd., the world's largest privately held international spirits company, recently released its fifth annual Bacardi Cocktail Trends Report. The report, a collaboration with The Future Laboratory, combines insights from Bacardi’s research, industry experts and bartender interviews. It...
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Elton John's Farewell Symphony: Christie's Auction Promises Dazzling Spectacle Worth Over $10 Million
Thursday, February 1, 2024 - 2:30pm | 613As music legend Sir Elton John bids goodbye to his Peachtree Road home in Atlanta, Christie's is preparing a series of landmark sales from the iconic singer's collection. Christie's New York will hold eight separate sales featuring around 900 lots with an estimated value of more than $10 million....
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Dwayne 'The Rock' Johnson Is Expected To Become A Billionaire From His Tequila Brand Valued At Around $3.5 Billion
Thursday, February 1, 2024 - 12:59pm | 956Dwayne “The Rock” Johnson could be the next billionaire in the alcohol industry, largely because of the success of his Teremana Tequila brand, according to Celebrity Net Worth. Launched in March 2020, Teremana has experienced rapid growth, selling 300,000 cases in its first year. It...
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Wine As A Stock Market Alternative — But How Do You Know What To Buy?
Tuesday, January 30, 2024 - 3:00pm | 664Alternative investments — such as wine, art and sports cards — have gained steam since the onset of the COVID-19 pandemic. While all of these are viable alternatives to the stock market, remember that not every investment will pay off. For that reason, it's important to make cautious...
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Young Money In This Country Is Flocking To Art As An Investment
Tuesday, January 30, 2024 - 1:00pm | 556The rise of wealthy, young art collectors in Asia signifies a notable shift in the market. What was once an investing class primarily for older, wealthier people, younger collectors are getting in on the action. And with this, the online market and auction houses are adjusting accordingly....
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Pouring Profits: Why Whiskey Is The Neat Alternative For Savvy Investors
Tuesday, January 30, 2024 - 12:30pm | 570A 30-year-old Irish single-malt whiskey that recently sold for $2.8 million is the most expensive bottle of whiskey ever sold. The Craft Irish Whiskey Co. reported selling a bottle of The Emerald Isle for a record-setting price to collector Mike Daley, who has one of the largest private collections...
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A Dress Worn By The Late Princess Diana Surged Past Expectations At Auction And Sold For Over $1 Million
Tuesday, January 30, 2024 - 12:00pm | 690A dress worn by Diana, Princess of Wales during her time as an English royal recently shattered expert predictions when it was sold for almost 12 times its estimated price in a late December auction. Julien's Auctions, a well-respected auctioneer of Hollywood memorabilia, listed the dress at its...
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Brushstrokes Of Wealth: The Art Of Investing In Creativity
Tuesday, January 30, 2024 - 11:30am | 606The art market was more subdued in 2023 than it was the previous year in which all of the top 10 lots auctioned were sold for more than $50 million. This year, four of the pieces that nabbed the top 10 prices went for less than $50 million, with even the top-selling painting commanding a lower bid...
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High Crime: Proof That Wine Collecting Is On The Rise
Tuesday, January 30, 2024 - 11:00am | 582When there's money to be had — especially in an up-and-coming industry like wine collecting — you can guarantee that crime isn't far behind. A growing number of elaborate schemes are entering the wine industry. For example, in Paris, a group of criminals drilled through the basement...
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George Clooney Was No Fan Of His Tesla And Auctioned It Off To Charity: 'Look, Guys, Why Am I Always Stuck On The Side Of The F*#@ing Road?' Elon Musk Snapped Back
Tuesday, January 30, 2024 - 10:00am | 684Acclaimed actor and entrepreneur George Clooney has had diverse experiences in both the automotive and spirits industries. Clooney faced reliability issues with his Tesla Roadster, one of the electric car company’s early models. In an interview with Esquire magazine, Clooney expressed...
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Warren Buffett Said His 'Gruesome' Investment Mistake Deserves A Spot In 'Guinness World Records' As One Of The Biggest Financial Disasters — This Bad Buy Cost $14.3 Billion
Monday, January 29, 2024 - 4:30pm | 819Warren Buffett, the billionaire investor and CEO of Berkshire Hathaway Inc., acknowledged one of his biggest financial blunders in buying Dexter Shoe Co. in 1993. Dexter, a Maine-based shoemaker, was initially perceived as a thriving business. Buffett remarked in his 2014 letter to shareholders...
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Kevin O'Leary Says He Wants To Be Buried With His Watch Collection When He Dies — 'All Of These Watches Are Coming Into My Coffin. I'm Like The Pharaoh Of Time'
Monday, January 29, 2024 - 3:30pm | 957Kevin O’Leary, also known as Mr. Wonderful on "Shark Tank," is not only a famed investor but also a passionate watch collector. In a November 2023 interview with GQ, O’Leary shared his deep attachment to his watch collection and his unique approach to collecting. Unlike many collectors...
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Elon Musk Says His Relationship With Johnny Depp's Ex-Wife Amber Heard Was 'Mind-Bogglingly Painful' And Brutal — 'I Am Often A Fool, But Especially For Love'
Wednesday, January 24, 2024 - 1:02pm | 642Elon Musk’s romantic life, characterized by its rocky and sometimes tumultuous nature, is explored in the billionaire's biography “Elon Musk” by Walter Isaacson. The tech mogul, renowned for his work with SpaceX and Tesla Inc., has been involved in several high-profile...
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Costco's Screaming Deal: Bargains Meet Luxury As Screaming Eagle Wine Lands On Warehouse Shelves
Friday, January 19, 2024 - 2:07pm | 559Costco, the retail giant known for bulk buys and unbeatable bargains, is adding a touch of luxury to its aisles with the addition of the exclusive and coveted Screaming Eagle wine. Not that $3,699 for a bottle of the Screaming Napa Valley Cabernet Sauvignon is cheap — the average price of a 2018...
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Millions of Years Ago 'Fountains Of Diamonds' Erupted From The Earth: Will It Happen Again Soon?
Friday, January 19, 2024 - 1:02pm | 662Scientists from the University of Southampton in the United Kingdom uncovered geological events responsible for the phenomenon known as "fountains of diamonds," shedding light on how the precious gems make their way to the Earth’s surface. Diamonds Moving At Over 80 MPH Diamonds are formed...