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Showing posts with the label Millionaires

Banana Island; A State Within A State?

It will cost you a minimum $103 million to buy an apartment at Pollock’s Path, a residential area in Hong Kong, where A-list Chinese Actor and Movie producer Stephen Chow (director of Kung Fu Hustle and the Mermaid, China’s biggest movie ever) and HSBC brass live – the world’s most expensive neighbourhood; with price increasing at over 10% every year. Since Prince William and Princess Kate moved in, the cost of property in Kensington Palace City, London started increasing yearly at about 2%, but it will still cost you a minimum $195 million to buy property here – Europe’s most expensive real estate.  Africa’s most expensive neighbourhood is arguably a 1.6million square meter piece of real estate in Nigeria. It has not (yet) been named a political entity, but the residents have a Local Government of their own. This cluster of administrators oversee the area, providing taut land-marine-security, electricity delivered to you via intricate underground wiring, healthcare,