Moscow Millionaire Fair. Observer Magazine – Read more
Every year, Russias fur-wrapped super-rich come together to flaunt their wealth, splashing out on private jets, crystal covered sports cars and diamond studded phones at Moscows millionaire fair. Half-naked, impossibly beautiful models are everywhere, draped artfully over super-cars. No item for sale is too meaningless, too self-indulgent; Diamond encrusted hubcaps, a gold-plated coffee-maker, a diamond-encrusted computer zip-card. For 89, 000 euros you can buy a ring decorated with rubies and diamonds for your cigar to wear… Given the financial troubles in the world, Russia, with its 40% annual growth in sales of luxury goods, its fabled Oligarchs and super-rich New Russians – is the Promised land.