Business

Elon Musk Named Time’s ‘Person of the Year’

Manufacturing giant, richest person in the world and divisive personality Elon Musk has been named Time magazine’s ‘Person of the Year’ for 2021. Musk joins the long list of influential, though often controversial, figures that Time’s editors have picked as people (or inanimate objects) “who affected the news or our lives the most, for better, or worse”.  …

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WatchBox’s Latest Funding Round Raises Valuation to Nearly $1 Billion

In their latest financing round, American luxury watch company WatchBox have reached a valuation close to USD 1 billion. Their newest investors include six-time NBA championship winner, owner of the Charlotte Hornets and watch-enthusiast Michael Jordan, current NBA MVP Giannis Antetokounmpo, co-founder and CEO of Avenue Capital Group and co-owner of the Milwaukee Bucks Marc …

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Beeple’s First Sculpture-NFT Hybrid Sells for $28.9 Million

The famous digital artist Beeple continues to cement his place in art history with his latest hybrid artwork, HUMAN ONE. The work was auctioned by Christie’s last Tuesday in a collection that included pieces from artists such as Jean-Michel Basquiat, Banksy, Peter Doig and Cindy Sherman.  In a collection of 21st Century artworks, HUMAN ONE …

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Porsche to Launch Luxury Hotels

Luxury car brand Porsche are branching out into luxury hotels in partnership with German company Deutsche Hospitality. This partnership is coordinated through their subsidiary, Porsche Design, which controls Porsche’s watches, glasses, bags, electronics, accessories, and fashion collections. Together Porsche Design and Deutsche Hospitality are presenting the Steigenberger Porsche Design Hotels.  Multiple bustling and globally connected …

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Atlassian Co-Founders Pass Gina Rinehart to Become the Richest Australians

According to the Forbes real-time billionaires list, Atlassian co-founders Mike Cannon-Brookes and Scott Farquhar have overtaken Gina Rinehart as the richest Australians. Cannon-Brookes is estimated to have a net worth of $24.8 billion, and Farquhar is estimated to have $24.6 billion, overtaking Rinehart’s $22.3 billion.  At the start of the year, nobody would have been …

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Luxury Fashion Houses Are Jumping on the NFT Market, Here’s Why

The world’s top luxury fashion companies are joining the latest digital innovation and are producing non-fungible tokens (NFTs). What is an NFT? Put simply, NFTs are unique digital assets, like drawings, music, in-game items and videos. Creators and collectors are describing them as the digital version of fine art. The owner of the NFT has …

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Two Brands, One Vision, The Macallan and Bentley Motors Join Forces In a Global Brand Partnership

This week, Single malt Scotch whisky brand, The Macallan and distinguished automotive brand Bentley revealed a strategic partnership. Collaboration between the two luxury powerhouses aims to unite the rich heritage of both brands with a common pursuit for a more sustainable future. The launch of the collaboration took place at the Macallan Estate in the …

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