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...Africa's biggest slums. Five years later, the pace of growth is best measured by the island of Mussulu, a former fisherman's village off Luanda. Today Mussulu is a playground for Angola's new oil oligarchs. Its white shoreline, 10 minutes south of Luanda's new yacht club, is teeming with power boats and jet skis. "That guy likes to bring people here in his helicopter," says Valdemir, a fisherman, pointing to the house of a local tycoon...

Author: /time Magazine | Title: Africa's Oil Dreams | 5/31/2007 | See Source »

...decadent enough, how about dropping $100,000 for an extravagant weekend in Vegas? At the Ritz-Carlton in Henderson, Nev., the Love at Lake Las Vegas weekend package includes two nights in the 2,400-sq.-ft. presidential suite, helicopter and gondola rides, a champagne-tasting dinner on a yacht complete with rose petals strewn about and a string trio, use of a luxury car throughout the stay, in-room couples spa treatment, a $5,000 casino line of credit, a $50,000 shopping spree at Neiman Marcus, 14 dozen roses and a butler-drawn Cristal champagne bath...

Author: /time Magazine | Title: At Your Service | 5/31/2007 | See Source »

...Sentosa Cove Developers say they had the French Riviera in mind when they drew up plans for a 117-hectare residential enclave on Sentosa Island. The hoi polloi need not apply. Luxury homes there cost as much as $20 million; residents have access to a yacht marina and a world-class golf course. To attract rich foreigners, Singapore amended its property laws to allow expat buyers to secure 99-year leases on land. The project is part of a wide-ranging plan to upgrade Sentosa Island for tourism...

Author: /time Magazine | Title: Morphing Metropolis | 5/24/2007 | See Source »

...they dress up? Because Cannes is a huge party, in which films must fight for attention with gaudier enticements. A worthy effort from Eastern Europe may be upstaged by news that a Saudi billionaire's yacht has run aground in the harbor. A global-warming documentary may be seen by few, but if its producer is Leonardo DiCaprio, journalists will turn up in droves seeking an audience. And what chance does a premiere by minimalist Taiwan master Hou Hsiao-hsien have when, that same morning, U.S. comedian Jerry Seinfeld is promoting his cartoon feature Bee Movie by dressing...

Author: /time Magazine | Title: Cannes Turns 60 | 5/24/2007 | See Source »

...decorated with priceless Pauly chandeliers and objets. Members--never more than 260, by invitation only--are entitled to stay in any of the apartments whenever they like and have access to a private jet from any European location and use of the club's launch, as well as its yacht, docked at the Port of Venice. The glass museum will be open to the public during the day, and club members can invite guests in after hours for an aperitif. Membership in the club, which will open in June 2008, begins at $476,000, plus annual dues of about...

Author: /time Magazine | Title: Francesco Morawetz | 5/11/2007 | See Source »

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