Just four months ago, Kanye West decided to put his infamous Malibu residence on the market, originally listing it for a hefty $53 million. Unsurprisingly, there were no immediate takers. However, this week, the home's listing agent, Selling Sunset star Jason Oppenheim, made a significant reduction, slashing the price all the way down to $39 million. Remarkably, this current asking price is a staggering $18 million less than what West himself paid for the property less than three years ago, back in September 2021. The renowned music mogul and Yeezy fashion designer made a cash purchase of $57.3 million for...

Accor's opulent cruise liners may soon transition from mere fantasy to tangible reality. In January of last year, the esteemed French hospitality conglomerate unveiled plans for a novel Orient Express vessel set to debut in the spring of 2026. Presently, it is engaged in discussions with investment firm Dubai Holding to secure funding for the approximate $867 million (€800 million) development of this vessel along with another, as reported by the Financial Times. Should the agreement come to fruition, Dubai Holding would assume majority ownership in the property company responsible for these luxury yachts, thereby enabling Accor to remove these...

Never underestimate the allure of a well-preserved ghost town. Italy's Castelfalfi, recently reimagined and rebranded, stands as a testament to this notion, with several hundred million dollars invested to transform an 800-year-old abandoned village into a luxurious five-star vacation destination. Nestled halfway between Florence and Pisa, the sprawling 2,700-acre compound officially reopened its doors in February. While it initially launched as a resort with residences back in 2014, the project struggled to gain traction despite a hefty $350 million investment from its former owner, the TUI Group. However, after a decade and another substantial renovation, courtesy of the new billionaire...