We can all remember in 2009 when the then Manchester United star Christiano Ronaldo crashed his Ferrari in a tunnel near Manchester airport. Months later Arsenal striker Nicklas Bendtner was left ‘badly shaken’ after he managed to mangle his £120,000 Aston Martin around a tree. Although the numbers of professional footballers who, with more money than sense, just shrug off crashing their six figure luxury cars seem to be escalating every year, it is not just wayward young footballers who are guilty of such senseless acts. Earlier this year troubled Hollywood actor Mel Gibson lost control of his 2008 Maserati Quattroporte and crashed into a hillside in Malibu Canyon.

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In our increasingly gadget obsessed world, being seen with any phone other than an iPhone can be highly damaging to one’s reputation. Spending several hundred dollars on the latest multi-faceted mobile phone spawns a degree of prosperity and style, seemingly necessary in our progressively image-infatuated culture. But imagine casually producing an $8 million iPhone from your pocket when socializing with friends?     

For the more ‘financially-gifted’ in the world with an exquisite taste for the height of luxury items, owning a mere Android iPhone is as undesirable as a 1980s video collection. The mega rich want gadgets dripping in diamonds, saturated with precious stones and shimmering with every move, causing envious onlookers to pitifully stuff their phone back into their pocket.

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Swiss brand Piaget has created a new line of ‘cocktail rings’ that resemble some of the most iconic cocktails to add to their Limelight Collection.

The brand has welcomed six new additions, each named after a drink. There’s the Whiskey on the Rocks, made of 18 carat yellow gold with a citrine stone in the middle, and 2 quartz stones cut to look like ice cubes. The perpetual popularity of the Cosmopolitan cocktail is immortalised in diamonds with a flaming rubelite stone set in a bed of diamonds and finished with a jewelled star fruit. The simple White Tonic channels the suave nature of Bond with its salute to the traditional Martini drink; a base of diamonds with a green ‘olive’ on the side. The Blue Ocean is formed of a huge blue topaz stone, with a coralline bead to represent a cherry. It is then completed with a tiny diamond straw. The Blueberry Daiquiri is based around a cushion-cut Amethyst and finished with a diamond staw, and pink sapphire umbrella.

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What is the world’s most expensive bottle of liqueur?

A bottle of Chambord valued at $3.24 million. The iconic Chambord Royale orb bottle is handmade from 18 carat gold, encrusted with more than 1,100 round and pear shaped diamonds, the most precious of pearls and embezzled with a square cut emerald diamond.

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Two Superyacht manufacturers have joined forces to create what is set to be the largest sailing yacht in the world.

After taking part in the 2010 Monaco Yacht Show, exclusive motor-sailing manufacturers Dream Ship Victory have signed a contract with leading naval architecture experts Dykstra and Partners to create Dream Symphony. Yacht designer, Ken Freivokh is also going to be responsible for the yachts design and styling, which has been described as “classical with a twist” – it will mix a classic yacht design with contemporary features.

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