Sunday, December 17, 2006

Loadsa dosh


This is a 'balanced and objective' post. Promise. With material sourced from the UAE Community blog among others. Made by Interstuhl, designed by Hadi Teherani, the world's most expensive office chair costs $ 65,000. And, yes, that's gold where you'd expect brushed aluminium.

It was just one of many items of excessive luxury at a show specifically targeted at millionaires staged, appropriately enough, in the fabulaous Emirates Palace Hotel.

"Teach us that wealth is not elegance, that profusion is not magnificence, that splendor is not beauty."

Benjamin Disraeli said it.



A shopping extravaganza just for millionaires? Opening the event H.H. Sheikh Suroor Bin Mohammed Al Nahyan said that that "there are 59,000 UAE millionaires who own 1,500 billion dirhams (US $408 billion) and the number of UAE millionaires is growing 5% each year because of the rapid growth of UAE economy according to Emirates Today Arabic newspaper. He also added that 60% of those millionaires (35,400) are women."

Not wishing to distress any of the ladies, but in the interests of balance and objectivity, there was this recent item on ABC News.


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