Jaunted

Tax Shelter Travel

Tax Haven Travel: It's Time to Check On Your Billions in the Cayman Islands

September 28, 2008 at 2:36 PM | 0 Comments

While the U.S. credit crisis and slumping stock indexes have many consumers cutting back on spending, the mega-rich among us see no reason for restraint. After all, what's a few million dollars when you're sitting on billions of euros, pounds, and rubles? But with cooler weather approaching, it might make sense to plan a visit to your favorite tropical tax haven, just to make sure everything's still hunky dory. As a service to our billionaire readers - as well as those whose big financial plans will come to fruition any minute now - here are a few tips on maintaining your impeccable standards while you tend to your secret riches in the Cayman Islands.

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Sophistonauts

Sophistonauts Travel: Western Africa Heating up for Jet Setters

August 13, 2008 at 1:45 PM | 0 Comments

While billionaires may be getting kicked off the coast in Italy, a new playground is popping up for them in Nigeria. Turns out that Lagos is even more pricey than LA and DC, though it hasn't yet hit Moscow levels of decadence. The New York Times has a sampling of prices you can expect to pay:

Dinner for two at an average restaurant costs more than $200. A cocktail costs more than $15. A box of cereal costs $12 at a supermarket. Hotel rooms under $400 are difficult to find.

Of course, only an elite few in the capital can afford those things, but that doesn't keep oil executives and money managers from popping Dom and partying all night on yachts. While the average Nigerian earns less than $2 a day, kids in the capital try to catch just a sliver of the city's new wealth, hawking gum and phone cards to the superrich as they spill out of clubs.

Related Stories:
· Opulence and Chaos Meet in an African Boomtown [NYT]
· Proletarian Travel: Billionaires Blacklisted at Baller Beaches [Jaunted]
· Sophistonauts Are Marching to Colombia [Jaunted]

[Photo: zouzouwizman]

Italy Travel

Proletarian Travel: Billionaires Blacklisted at Baller Beaches

August 12, 2008 at 4:00 PM | 0 Comments

Local restaurants along the Mediterranean coast are sick of these billionaires! Roman Abramovich was the latest "victim" when the owner of Bistrot turned the oilman away from the already fully booked ristorante in Tuscany. Page Six reports that he was so miffed, Abramovich steamed over to Sardinia on his yacht instead, probably putting his five cooks and 45 waiters to work on the way.

He might not have much better luck there: Italian tycoon Flavio Briatore recently stopped in on the island, only to be greeted by irate locals:

Who threw sand and buckets of water at him when he tried to land from his yacht.

Related Stories:
· Ristorante Bistrot [Official Site]
· Riviera Fed Up with Russians [NYP]
· Russian Oligarch "Invader" Pays Record for Riviera Villa [UK Times]
· Italy Travel coverage [Jaunted]