We’ve seen some gorgeous, blinged-out iPhones before but, as the long-awaited white version recently came out, we’re absolutely in love with the latest iPhone 4 from Gresso, a vision in white and lovingly littered with diamonds, crystals, and pearls called the Lady Blanche. The phone comes in two versions with two different prices, but both are incredible works of tech beauty.

Some things never go out of style, including Louis Vuitton’s turn-of-the-century, vintage wardrobe trunk. Currently on sale through M.S. Rau Antiques in New Orleans, this stylish piece of history is on sale for $29,850. The 1920s trunk has seen the world and bears the iconic “LV” logos on its canvas-upholstered frame. Louis Vuitton has been celebrated for their luxury bags and travel goods that have all stemmed from this historic piece.

The United Arab Emirates have been on the up-and-up, as recently evidenced by their upscale mega-malls, luxury residential towers, and Qatar’s most recent accolade as the world’s biggest buyer of contemporary art. The emirate may be tiny, but their buying power is big after the royal family went on a massive art shopping spree to enhance the emirate’s cultural portfolio in anticipation of the 2022 World Cup. According the UK’s Guardian, Qatar has been responsible for the majority of contemporary and modern art purchases from the past six years, including works by artists like Andy Warhol and Mark Rothko.

Earlier this month, we covered a list of various celebrities and their private islands, including Sir Richard Branson’s Necker Island, but most recently, Branson’s Balinese-style Makepeace Island at Noosa on Australia’s Sunshine Coast has been getting some extra attention. The 25-acre island has opened its doors for the first time ever for private leasing. The idyllic piece of Paradise is charmingly heart-shaped and can accommodate up to 22 guests in its Bali House or the three uniquely designed luxury wood-and-straw bures.

On Monday, we took you for a look at ten of ponzi schemer Scott Rothstein’s watches. That is, ten out of 262 incredible pieces – perhaps the largest collection to ever be seized by federal authorities. Yesterday, July 13, the entire collection went up for auction at the Broward County Convention Center in Fort Lauderdale, FL and hundreds of purchasers and spectators alike flocked to catch a glimpse of the ill-begotten goods.

Automotive enthusiasts have been eagerly anticipating Fisker Automotive’s Karma premium extended-range EV model since the brand set an ambitious production date of late 2009. The California luxury automaker says it currently has 3,000 orders for the long-awaited Karma, with the delivery of the very first production model to go to lucky Leonardo DiCaprio, a stout advocate for alternative energy, as also evidenced by the green plans for his private island.

It looks as if the Mediterranean hotspot of Majorca is the site of an unofficial battle of the megayachts. DreamWorks founder and show biz tycoon David Geffen recently arrived in his 376-ft. ‘Pelorus’, which was purchased for $300 million from wealthy Russian oligarch Roman Abramovich a couple of months ago… but he’s not the only megayacht owner on the block…

Famed French brand Louis Vuitton, owned by luxury industry giant LVMH, recently announced their acquisition of Geneva-based La Fabrique du Temps, the high-end timepiece manufacturer that specializes in conception and fabrication of celebrated movements like tourbillons and minute repeaters. This is not the first time the brands have collided; since La Fabrique du Temps’ inception in 2007, the watchmaker has worked with Louis Vuitton ever since. This deal comes after LVMH’s rival PPR acquired high-end watchmaker Sowind Group last week.

When the popular Chipotle chain of tasty Mexican grill restaurants hit the U.S., it did so with fervor. Quickly sweeping the nation with spots opening up on what seemed like every corner and strip mall, the delicious craze was undoubtedly a success. According to Grub Street, rumors abounded earlier this week that the popular chain is now looking to open 200 locations in the U.K., with only one currently existing in London.