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Sheikh Hamad, the foreign minister of the Gulf State of Qatar, has just made an amazing purchase. He has just bought a penthouse home in the exclusive and super-luxurious area of One Hyde Park Development in London for an astounding £100 million (around $196 million).

The penthouse apartment of the Sheikh is one of 86 luxury flats being built on the edge of Hyde Park opposite Harvey Nichols in Knightsbridge.

Some features of the new ultra-luxurious apartments are:
- 24-hour room service
-bulletproof windows
-iris recognition scanners in the elevators
-panic rooms
-license plate recognition software

The complex has been designed by architect Richard Rogers is being developed by brothers Christian and Nicholas Candy. This project is also sponsored and backed by the Sheikh himself from his personal fortune.

The penthouse should be ready in two years and two other penthouses have also been sold.

I wonder why the Sheikh would have invested and sponsored such as luxurious and top-level project in London... maybe the investment will be paid off and the value of the appartment will be multiplied itselt many times in a short period of time...

YatchPlus is a fractional luxury yatch service created by a group of rich men. They are setting themselves apart from their competitors by offering The YachtPlus Signature Series boats. These series are 131 foot powerboats designed and created by famous architect Sir Norman Foster (from Foster and Partners).

YachtPlus owners are planning to have eight owners per yacht. There is an agreement that includes an option for eight more of these yachts to be made.

The ultra modern yachts will be made in aluminum alloy with a composite superstructure. Each one of the yachts have four decks and with four guest cabins and a full beam owner’s cabin. There is a submersible beach deck and the large glassed-in saloon area offers 180-degree views.

As per reports from other companies interested in the yatches multi-ownership (8 owners per yatch), a one-eighth share (12.5% of the whole) is priced at 1.5 million euros, with each yacht selling for a total of 12 million euros.

The first yacht should be ready in 2008, and YatchPlus is alreay having a lot of millionaire potential buyers interested in the shared ownership of these yatches from another world.

SOURCE