Look out, Dubai – Saudi Arabia is set to begin building the world’s tallest skyscraper in a bid to outdo Dubai’s record-breaking skyscraper, which was inaugurated less than two years ago.

Christine Holifield graduated from Sylmar High School and spent much of her time afterwards daydreaming about owning her own business. Last week, Holifield, who now owns Elite Aviation, was partying with Christina Aguilera to celebrate an exclusive deal to sell a line of premier Piaggio Aero jets.

While Oprah certainly is one of the most well-known self-made billionaire women, Wu Yajun of Longfor Properties Co. based in Chongqing municipality is the world’s wealthiest self-made woman.

Billionaire and former President of Facebook, Sean Parker, was partying in West Hollywood’s Beverly Club over the weekend and left the server with a generous tip.

The Tesla Model S electric-powered sedan is scheduled for release next year. According to numerous reports, the Model S reportedly can accelerate to 60 mph from a standstill in 4.5 seconds, two-tenths of a second quicker than the 2011 Porsche 911 Carrera with a manual transmission.

Definitive men’s luxury brand Alfred Dunhill will open its third Alfie Restaurant and Lounge at the Jumeirah Emirates Towers in Dubai.

John Pritzker and New York’s Pomeranc family have combined their high-end hotel businesses into a single operator of hotels that will range from West Coats boutiques to East Coast luxury properties.

Forbes calculates that California boasts the most billionaires living within its borders among all U.S. States.

The City Council voted 4-1 on Tuesday for a permanent ordinance banning hydrocarbon drilling in Beverly Hills. The last active oil well in the city is on the Beverly Hills High School campus and is order to stopped operating by the end of 2016.