Beautiful Key Largo ocean beach front half acre estate with endless ocean views and breeze.

Technology has always had the ability to impress everyone, including big spenders. High tech locks,for example, are a favorite among those who want to keep their valuables safe. But small, yet expensive things like your wallet can be lost, even without being stolen. Enter the iWallet, a soon to be made wallet that will be available in carbon fiber, carbon fiber & kevlar or fiberglass finish.

A pink diamond no larger than a chickpea went for $10.8 million at a Christie’s Hong Kong auction, according to Bloomberg News. The stone had the second-highest rating available and a weighed 5 carats. It topped the per-carat record set back in May, when Hong Kong property investor Joseph Lau had picked up a 7.03-carat blue diamond at an auction in Geneva for $10.5 million.

Developer Jorge Perez and his company Related Group are leading a bunch of Florida investors to buy and renovate a stumbling Hilton Hotel in central Pittsburgh. Shubh Hotels, which has owned the 25-story hotel since 2006, is also a Florida entanglement, based in Boca Raton. The Hilton is Pittsburgh’s largest hotel, with 713 rooms and 45,000 square feet of space for meetings and events.

Architecture and design master Zaha Hadid not only designs superstructures and skyscrapers, but she has also lent her fluid-inspired and space-age designs to shoes, a coffee bar, and even the water tap. Invited by Alberto Alessi, the third generation owner of Italian industrial design company Alessi, Hadid was one of 22 acclaimed designers invited

Did you know that Virgin Group’s Richard Branson owned a ski lodge in Switzerland? It’s called The Lodge, and it’s nestled in the snowy valleys of the Swiss Alps at Verbier. Typically, you would have to get friends and family together to rent it out, since it’s normally only available for a full rental. Not anymore!

UPDATED WITH NEW IMAGES: It’s no secret that when Art Basel hits the beach, so do the famous faces of the world. Last night was no exception when former Lagerfeld muse, Ines de la Fressange, strutted her Roger Vivier silver flats into Bal Harbour.

Even with a 25 percent decline in rents over the last year, New York City still has the priciest retail market in the world, according to a third-quarter worldwide retail market report from CB Richard Ellis. Prime Real Estate rents are $1,640 per square foot, with Hong Kong and Paris coming in as the second and third most expensive locations.

Many of the top luxury lifestyle brands in the world are turning to the internet to increase their sales, a very intelligent move, especially during the holidays. Giorgio Armani and Valentino Fashion Group, which have generally steered clear of any online store are now changing their attitudes, as they have had to cope with the most severe recession in seventy years.