The Rise of the Chinese Jet Set

Like any winner in the globalization lottery, the Chinese rich are quickly bringing on the bling.

Wealthy Chinese are buying vintage wines by the caseload. They are buying (or at least looking at) $45 million apartments with crocodile-skin bedposts, hand-carved bronze doors with Swarovski crystals, according to The New York Times.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire