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The Ka-Ching Dynasty! - China. From communism to capitalism, a new generation of very young, very rich people have emerged, but where did they come from? Subscribe to journeyman for daily uploads: http://www.youtube.com/subscription_center?add_user=journeymanpictures The economic transformation of China has been electrifying. But with Europe teetering and the US plodding, can the biggest tiger of all keep on roaring? China's super-rich certainly think they can. Outside a private Beijing nightclub Porsches, Maseratis and Ferraris compete for space. Inside the club is packed with the children of China's super-rich enjoying a 'palace' themed party. China now has almost a million millionaires, six hundred billionaires, and the numbers keep growing at a staggering rate. As a reporter for the Hurun Report rich-list points out, they are a force to be reckoned with: "certainly we need to be aware of and understand this group." Even more striking is the bravado of China's super-rich, who feel that they can keep going from strength to strength. "I met an entrepreneur last week who said that if all goes to plan, in ten years time his business will be ten times the size it is now". The focus is certainly on quick growth. Current projections say that in ten years time half the world's billionaires will come from China. While there are warnings signs that the economic woes of Europe and the US will hit China, China's super-rich don't seem concerned. For some the hope is that the Chinese market will pick up the slack. For others, who have only known the good times, anything else is unthinkable: "if I have any spare money I buy sports cars." Like us on Facebook: https://www.facebook.com/journeymanpictures Follow us on Twitter: https://twitter.com/JourneymanNews https://twitter.com/JourneymanVOD Follow us on Instagram: https://instagram.com/journeymanpictures For downloads and more information visit: http://www.journeyman.tv/film/3523 ABC Australia - Ref. 5412 Journeyman Pictures is your independent source for the world's most powerful films, exploring the burning issues of today. We represent stories from the world's top producers, with brand new content coming in all the time. On our channel you'll find outstanding and controversial journalism covering any global subject you can imagine wanting to know about.
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"Bahr Belá Má", "Waterless Sea", as the Sahara is called by the Bedouins. But deep beneath the dune fields and stone deserts expands an immeasurable reservoir of water resources. Using enormous technical resources, the Libyans have begun to extract fossil reserves of groundwater. Following oil, water is now arousing a new wave of euphoria. In the present desert climate, reserves are only being partally replaced and what has collected over a period of millions of years may be used up in only a few decades.
13 BIGGEST Houses From mansions to palaces to crazy people who got money in ways we don't understand these are the 13 BIGGEST Houses. Antilla is the name of a giant futuristic mansion in Mumbai, India and is the first billion dollar residential home to ever exist. It was commissioned by the world’s fifth richest man Mukesh Ambani, who is the owner of the biggest company in India, Reliance Industries. Mukesh’s 27 story mansion towers above the surrounding apartment high-rises and comes complete with a cinema complex, helipads, a health center, and hanging garden. Hala Ranch is a 95 acre estate just north of Aspen, Colorado in the Rocky mountains. Hala Ranch originally belonged to a Saudi Prince named Bandar bin Sultan before it was purchased by an American hedge fund manager named John Paulson.10 years ago Hala Ranch was the most expensive estate ever listed in the U.S., priced at $135 million dollars in 2006. 135 million seems like a fair price for a 56,000 square foot area that trumps the White House in size. 50 Poplar Hill Drive, in Farmington Connecticut is the address of 50 Cent’s crazy crib. His 51, 567 square foot mansion comes complete with all the amenities any rapper could need: 21 bedrooms, 25 bathrooms, an indoor pool, a gym, a basketball court, a green screen studio, a recording studio, and an underground disco room complete with stripper poles. This pimped out mansion is as lavish as they come but has unfortunately cost 50 cent more than a million and has spiraled him into bankruptcy. The Manor, also known as the Spelling Manor named after its previous owners, now belongs to a British heiress named Petra Ecclestone. The Manor is a 56,500 square foot estate in the posh neighborhood of Holmby Hills, California. Previously the most expensive home in America priced at 125, million dollars, it was sold at the low low price of 85 million to the heiress. The Hearst Estate is a huge property that spans several hundred acres and includes a huge ranch and a herd of zebras. The property is actually made up of one main house and several smaller guest houses. Casa Grande, the main house is 65,000 square feet, with the other houses amassing a total of more than 10,000 square feet. This huge house has seen many celebrity guests and has famously been used as a backdrop in the Godfather films. Although originally a residence for the Hearst family, it was registered as a California State Park in 1957 and has been open for tourists to visit since.
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The Eccentric lives of The Ultra Rich in Dubai, Form Their Homes, Toys and Crazy Life style, watch to see what you are missing out on.