Check Out This Monsterized $5.9 Million Santa Barbara Style Waterfront Mansion In Texas | Homes of the Rich

.9 Million Santa Barbara Style Waterfront Mansion In Jonestown, TX « Homes of the Rich – The Web's #1 Luxury Real Estate Blog

Location: 17607 Breakwater Drive, Jonestown, TX

Square Footage: 11,696

Bedrooms & Bathrooms: 6 bedrooms & 9 bathrooms

Price: $5,975,250

This Santa Barbara style waterfront mansion sits in Jonestown, TX and is situated on nearly 4 acres of land.

It was designed and built by Jauregui Architects in 2001 and features approximately 11,696 square feet of living space with 6 bedrooms, 8 full and 1 half bathrooms, 2-story foyer with curved staircase, formal living & dining rooms, 2-story great room with wet bar, gourmet kitchen, breakfast room, lounge with pub, 5-car garage and more.

Outdoor features include a gated entrance, circular motor court with fountain, 2 levels of covered terraces, fireplace and a circular infinity edge swimming pool with spa.

It is listed at $5,975,250.

.9 Million Santa Barbara Style Waterfront Mansion In Jonestown, TX « Homes of the Rich – The Web's #1 Luxury Real Estate Blog

via $5.9 Million Santa Barbara Style Waterfront Mansion In Jonestown, TX « Homes of the Rich – The Web’s #1 Luxury Real Estate Blog.

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Black Scholarships | African American Scholarships | Black Colleges

Every year, more than $50 billion dollars in scholarships are given away to students of all ethnic backgrounds. This number includes many awards that are given only to African American students and other minorities. Such opportunities are needed because African Americans continue to show the greatest need in the area of financial assistance. Even more, the education gap between minority students and their white counterparts is still very wide.

Read the rest via Black Scholarships | African American Scholarships | Black Colleges.

The Business Side of Miami Heat’s Chris Bosh | Miami Modern Luxury

Like just about everyone else in these shores, Miami Heat power forward Chris Bosh is tired of talking about former teammate LeBron James’ much-hyped departure. Instead, he’s focused on getting his mind back on the game and on a new tie collection created in partnership with Armstrong & Wilson that’s clearly been a labor of love for him. “I remember being so proud the first time I learned how to tie a knot by myself,” he says. “That moment was priceless to me.” We caught up with the dashing entrepreneur for the scoop on this new endeavor, the game season ahead, his life in Miami and a hidden talent of his not many people know anything about.

via Miami | Modern Luxury | Forward Approach.

Fed ends 6-year effort to stimulate economy – Oct. 29, 2014

The Federal Reserve announced the end of its bond-buying program Wednesday, marking the close of a six-year effort to stimulate the economy. The decision reflects how much the economy has improved since the recession. It’s akin to taking the training wheels off of a child’s bike.

via Fed ends 6-year effort to stimulate economy – Oct. 29, 2014.

Germany’s Tropical Islands – Urban infrastructure gets a second life | CNNMoney

Former life: Airship hangar The Germans are taking life under the bubble to a whole new level. In 2004, a Malaysian company turned a large hangar originally meant for airships (think blimps) into an indoor tropical paradise just outside Berlin. The hangar — larger than 10 American football fields and tall enough to fit the Statue of Liberty — was built in 2000 to house airships designed to carry extra large pieces of cargo. When that company went bankrupt, the Malaysian firm took over. Now the hangar hosts a lagoon, a 600-foot long beach, the world’s largest indoor rainforest (with a half-mile hiking trail), a spa, bars, restaurants and a 198-room hotel, among other other things. Parts of the roof have even been modified to let in ultraviolet light, allowing sunbathers to get a natural tan.

via Germany’s Tropical Islands – Urban infrastructure gets a second life – CNNMoney.

The richest women around the world – Oct. 29, 2014

Want to know which women are leaning in to huge piles of cash? A new report from Wealth-X lists the wealthiest women in each region around the world, who control a total of $114.6 billion of personal wealth.

Wal-Mart heiress Christy Walton tops the list as the wealthiest woman in North America, and around the world. The largest retail chain has been good to her — she has an estimated net worth of $37.9 billion.

via The richest women around the world – Oct. 29, 2014.

Adventures in the Swiss Alps | Robb Report – The Global Luxury Source

Adventures in the Swiss Alps | High Season | Paid Issue | Robb Report - The Global Luxury Source

If the powdery peaks and winter social scene are the main attractions in the Swiss Alps, it certainly was not always this way. During the Victorian era, the concept of traveling to see snow rather than to escape it was virtually unheard of. London’s elite may have passed their summers in the crisp air of the Alps, but never their winters, which were spent in temperate seaside towns, far from any destination that might require a fur collar.

That began to change in 1864, when the Swiss hotelier Johannes Badrutt challenged a handful of his devoted summer guests from London to weather the winter in St. Moritz. If his visitors were not enamored of the soft blankets of snow enveloping every nook and cranny of the Engadin valley, he promised, their stay would be free. The wager was hardly a risk for Badrutt. Compared with London’s dreary weather, St. Moritz’s 320 days of sunshine per year were almost guaranteed to please his guests. Indeed, Badrutt’s visitors stayed long past New Year’s Day and well into spring, arriving back in London the following Easter tanned, refreshed, and ready to return the next winter.

By the beginning of the 20th century, Badrutt’s marketing stunt had spawned an industry, with his Badrutt’s Palace—opened in 1896—and a handful of other opulent hotels leading the way. In December 1912, Suvretta House debuted within a sprawling belle epoque–style mansion in St. Moritz’s forested Upper Engadin. Months later, the Carlton Hotel—rumored to be the summer palace of a Russian czar—opened its carved wooden doors to an appropriately regal clientele. Badrutt’s bet, it seemed, had paid off in the form of a buzzing winter playground for European high society.

Today, 150 years after its founder’s fateful challenge, Badrutt’s Palace remains the revered centerpiece of Swiss Alps tourism—and one of the most impeccably maintained historic hotels in the world.

– See more via Adventures in the Swiss Alps | High Season | Paid Issue | Robb Report – The Global Luxury Source.

Fiat spins off Ferrari, now you could own a piece of it | Motorsport.com

After nearly half a century under Fiat, Ferrari has been spun off from its parent company.

Shares in Fiat Chrysler rose to a six-month high today after the company announced plans to spin off Ferrari, an iconic marque that they’ve owned for 45 years. 10% of Ferrari’s shares will be up for grabs, while the remaining 90% will be distributed between FCA’s shareholders.

Fiat revealed that investors participating in the $2.5 billion dollar mandatory convertible bond issuance will be entitled to participate and receive shares of Ferrari.

via Fiat spins off Ferrari, now you could own a piece of it | News | Motorsport.com.

Inside the Underground World of LA’s Home Recording Studios – Curbed Features – Curbed LA

In the ancient days of recording technology—say, 10 years ago—musicians, composers, engineers, and producers feeding the insatiable appetite of the entertainment industry had to travel to a pricey commercial studio to ply their trade. But as recording budgets have dropped and computers and audio software have become cheaper, smaller, and more effective, music pros have gone DIY, stepping out of the big studios and into their garages, guest houses, and add-ons, converting home spaces throughout Southern California.

Now LA and neighboring cities comprise arguably the country’s largest enclave of professional-level home recording facilities—some permitted, many not—a fact that’s taken a big bite out of the commercial studio business that once reigned supreme.

The code is evidently ignored by pretty much everyone with a professional home recording studio in LA. “It’s gotten to the point where if you’re a producer or an engineer or a musician and you don’t own your own studio, you’re not going to work,” says producer/engineer/musician Greg (who requested that only his first name be used, as his studio is off the city’s radar), who has garnered platinum and gold albums for production over a 20-year career.

“The big studios I worked in during the ’90s were $1,500 a day minimum, and they’d have to pay me my $600 a day rate, so they were looking at $2,100 a day just to have an engineer/producer and a place to record in,” he says. “Very few people have that kind of budget these days, and anyone with a credit card can walk into Guitar Center and buy insane amounts of recording gear, but you have to know how to run it and have the ears.”

Read the rest via Inside the Underground World of LA’s Home Recording Studios – Curbed Features – Curbed LA.

Facebook’s Internet.org App launches in Tanzania | IT News Africa- Africa’s Technology News Leader

Tigo has revealed that it is teaming up with Facebook to provide millions of Tanzanians with affordable Internet and free access to some basic online services through the Internet.org app.

The Internet.org app will be available on October 29, and Tigo subscribers will have access to: AccuWeather; BabyCenter & MAMA; BBC News & BBC Swahili; BrighterMonday; The Citizen; Facebook; Facts for Life (a UNICEF Product); Girl Effect; Messenger; Mwananchi; Mwanaspoti; OLX; Shule Direct; SuperSport; Tanzania Today and Wikipedia.Commenting on the launch of the service today, David Zacharia, Tigo’s Head of Data and Devices said, “Through our partnership with Facebook we aim to increase digital inclusion by encouraging even more Tanzanians to go online.”

via Facebook’s Internet.org App launches in Tanzania | IT News Africa- Africa’s Technology News Leader.