Bling Goes Stealth

At Hermès and a handful of other exclusive retailers, “secret shopping” has becoming the winter season’s newest trend. Anyone who can still afford, say, the three cashmere throws at $2,225 each that Mrs. Fuld bought when she stopped by the store that day isn’t likely to advertise it. Instead, the city’s most extravagant shoppers are ferrying their purchases home in unmarked bags; delegating delivery to assistants; or manipulating credit card bills to disguise their spending from outsiders—and their spouses.

via What Rich People Don’t Want You to Know About Their Spending – The Daily Beast.

Hurricane Bernie Slams Palm Beach

Sunday afternoon there were supposedly four multi-million dollar condos at Breakers Row already put up for sale by Hurricane Bernie casualties forced to evacuate. Partly true. A real estate broker pal of mine told me on Monday morning there were actually only two on the market, one at $7.6 million and the other at $8.6 million.

By Tuesday morning it was good news for both broker and seller of the Breakers condos. Both were under contract at almost their full asking price. Somewhere, someone has some dough left. What is true is that Hurricane Bernie will have a long term effect on the fabric of Palm Beach life—financially, socially and philanthropically.

via I Survived Hurricane Bernie – The Daily Beast.

Palm Beach In Shock Over Madoff

bebBelow is a piece that I posted on Huffingtonpost.com yesterday. About ten minutes after it went on line, the metropolitan editor of the New York Post emailed me about running it and it’s on page four in Saturday’s paper. The piece has reacted in a full range of opinion, from overwhelmingly positive to outrage. I’m trying to understand why some people are so upset. And as soon as I have a full grasp on this I’m going to publish again at Huffingtonpost.com and put it in my personal blog as well. (Thanks to Randy Marks)

via THE WAGES OF WEALTH.

How To Make Your Dollar Go Further

Hawaiian Won Park has been folding dollar bills into Oragami creations for 32 years and it pays off. Watch how he creates this Choi ( a large Goldfish). Click here to see more including his Star Wars Collection.

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