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How Real Estate s Wealthiest Moguls Spend Their Billions
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Inside the Fight Over Surfside Condo Collapse Site s Future
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The Bath Club In Miami Beach Re-Opens As Private Club
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Insider regularly talks to young people who are making their mark in luxury - here s who we have spoken to so far ddavis@businessinsider.com (Dominic-Madori Davis) © Emilia Brandao; Courtesy the artist and Destinee Ross-Sutton 2020; Marina Raphael; Avi & Co; Yuqing . (L-R), Alex Assouline, Destinee Ross-Sutton, Marina Raphael, Avi Hiaeve. Emilia Brandao; Courtesy the artist and Destinee Ross-Sutton 2020; Marina Raphael; Avi & Co; Yuqing Liu/Business Insider
Luxury spans many sectors: fashion, watches and jewelry, travel, real estate, and even publishing and night clubs.
It could take years to build a strong luxury business, and even then, there is no guarantee that consumers will connect with the product.
Miami s exclusive club The Bath Club has reopened with new owners.
After years of excluding Black people, its current owner Don Peebles is African American.
The new owner talks to Insider about his plans to build an exclusively inclusive club to cater to a new generation of private club-goers.
When R. Donahue Peebles first set foot on the sand of the Beach Club in Miami in 1996, toured its three acres of private beach, two clay tennis courts, and 26,000-square-foot clubhouse, he had no idea he would be the private social club s first African American member. It was a beautiful Mediterranean building, said Peebles, who is the founder of the multi-billion dollar real estate development company Peebles Corporation. He d come to Miami to build the Royal Palm Hotel in South Beach a project that would make him the first African American to develop a major hotel in the US.