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The Hamptons' billionaire lane, mapped

Where the 1% of the 1% summer

While the Hamptons isn't short of expensive addresses, perhaps none is as elite as the five mile strip of sand on the ocean known as Meadow Lane in Southampton. The street is awash with billionaire Wall Streeters as well as celebrities such as Calvin Klein and Ian Schrager; and with Meadow Lane boasting its own helipad, financiers can get to their weekend place in as little as 40 minutes from Wall Street. Interested in buying?  980 Meadow Lane is available for $32M; if that's too rich for your blood,  1860 Meadow is asking $27M.

Another option: simply park at Coopers Beach for the day, where entrance is $40 and a chair and umbrella rental will run you $25. Enjoying the same beach as David Koch? Priceless.

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Beatles, beauties and billionaires: David Geffen hosts Paul McCartney Karlie Kloss and Josh Kushner, Barry Diller, Henry Kravis, Misha Nonoo and more aboard his $200M yacht in Italy

  • David Geffen is hosting Paul McCartney and his wife Nancy on Rising Sun, his $200 million yacht, while sailing around Italy
  • Geffen posted a photo of the group dining together on Saturday at La Scoglio while also posing aboard the vessel as it traveled near Capri
  • Karlie Kloss and Josh Kushner, two of Geffen's frequent guests aboard the yacht, were also present, along with Mikey Hess and girlfriend Misha Nonoo 
  • Billionaires Henry Kravis and Barry Diller were on-hand as well, with Henry joined by wife Marie-Josee but Diller without Diane Von Furtstenberg  

By Chris Spargo For Dailymail.com

Published: 16:27 EDT, 21 July 2018 | Updated: 18:21 EDT, 21 July 2018

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David Geffen headed into port on Sunday, stopping for lunch at La Scoglio with a few friends after spending the day sailing around Capri and southern Italy .

The music man has been at sea for a few weeks now, and brought along the eclectic group of guests he was travelling with aboard his $200 million yacht Rising Sun.

The group included musicians Paul McCartney, supermodel Karlie Kloss , designer Misha Nonoo, billionaires Henry Kravis and Barry Diller, Hollywood-agent-turned-media-adviser Michael Kives and venture capitalist Joshua Kushner.

David and crew: David Geffen is hosting Paul McCartney and his wife Nancy on Rising Sun, his $200 million yacht, while sailing around Italy (clockwise left: Joshua Kushner, Karlie Kloss, Marie-Josee and Henry Kravis, Michael Kives and guest Mikey Hess, guest, Barry Diller, Geffen, McCartney, Nancy Shevell and Misha Nonoo)

David and crew: David Geffen is hosting Paul McCartney and his wife Nancy on Rising Sun, his $200 million yacht, while sailing around Italy (clockwise left: Joshua Kushner, Karlie Kloss, Marie-Josee and Henry Kravis, Michael Kives and guest Mikey Hess, guest, Barry Diller, Geffen, McCartney, Nancy Shevell and Misha Nonoo)

Squad: Billionaires Henry Kravis and Barry Diller were on-hand as well, with Henry joined by wife Marie-Josee but Diller without Diane Von Furtstenberg (l to r:

Squad: Billionaires Henry Kravis and Barry Diller were on-hand as well, with Henry joined by wife Marie-Josee but Diller without Diane Von Furtstenberg (l to r:

Billionaire, boys club: Karlie Kloss and Josh Kushner, two of Geffen's frequent guests aboard the yacht, were also present, along with Mikey Hess and girlfriend Misha Nonoo (l to r: Geffen, Kives, Kushner and Hess)

Billionaire, boys club: Karlie Kloss and Josh Kushner, two of Geffen's frequent guests aboard the yacht, were also present, along with Mikey Hess and girlfriend Misha Nonoo (l to r: Geffen, Kives, Kushner and Hess)

Those guests, and their significant others, grabbed lunch at the famed Hotel La Scoglio, whose outdoor seating is right on the water.

Geffen posted about the 'fabulous lunch' before later sharing a photo of the group aboard Rising Sun.

He also posted one of himself with Kives, Kushner and Mikey Hess, who is best friends with Jared's younger brother and dating Nonoo.  

Absent from all this however was Diller's frequent travel partner, Diane Von Fursteneberg.    

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Geffen, like Diller and Karvis, is also a billionaire, having made his fortune by launching three record labels and Dreamworks in the span of just 25 years.

He has been known to throw quite the vacation trip, with Rita Wilson ringing in her birthday back in 2016 aboard his $200million yacht .

That boat has hosted a number of guests as well, including Dasha Zhukova and her boyfriend Stavros Niarchos, Wendi Deng and Princess Beatrice have all been seen on the yacht in the past year.

Zhukova in particular has grown incredibly close with Geffen as have Kloss and Kushner, who attended the party on Saturday while 3,000 miles away in DC his brother was being stripped of his security clearances at the White House.

Last July he also hit up La Scoglio, bringing along Diller and von Furtstenberg, Julianna Marguilles  and her husband Keith, Diane Sawyer, Gayle King and Oprah Winfrey.  

David Geffen (second from left) posted another picture from earlier in the week during the lavish vacation 

David Geffen (second from left) posted another picture from earlier in the week during the lavish vacation 

The yacht they were riding on is seen here docked in Tahiti in 2017 

The yacht they were riding on is seen here docked in Tahiti in 2017 

Share or comment on this article: David Geffen hosts Paul McCartney Karlie Kloss and Josh Kushner, Barry Diller, Henry Kravis on yacht

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Docking the yacht: Cribs of billionaires

In 2004, Ron Perelman sold a Palm Beach estate for $70 million — and set a residential record. But in May, Ron Baron shattered it with a $103 million payment for a 40-acre property in East Hampton, N.Y.

When you have it all, you need a place to put it all.

Multimillion-dollar yachts need to be docked. The de Koonings have to be hung. And you've got to park the Rolls somewhere.

That's where the billionaire's house comes in.

There's plenty of room for David Geffen's Pollocks and Rothkos along the walls of his 100-room Beverly Hills, Calif., mansion. Paul Allen can dock his 416-foot yacht — the Octopus — beside his Mercer Island, Wash., waterfront property. And there’s plenty of space for Warren Buffett’s Cadillac DTS in the driveway of his Omaha, Neb., home.

In most cases, a 6,000-square-foot home like Buffett's would be considered a mansion, but among the members of the billionaire fraternity it's one of the smallest places on the block.

Massive Manses Bill Gates' Medina, Wash., home checks in at 66,000 square feet, including a 1,000-square-foot dining room.

At 33,000 square feet, Michael Dell's Austin, Texas, pad , not far from the University of Texas dorm room in which the tech giant started his company, is a bit more modest.

And while Donald Trump may be better known for the $125 million Palm Beach, Fla., property he has on the market, his 62,000-square-foot Mar-A-Lago estate is none too shabby. It has a 20,000-square-foot ballroom.

Perhaps most mind-numbing of all is Baron Capital Management founder Ron Baron's record-breaking buy this year. In May, Baron paid Adelaide de Menil Carpenter, an heiress to the Schlumberger oil fortune, $103 million for a 40-acre property in East Hampton, N.Y., shattering the previous residential record held by Ron Perelman, who sold a Palm Beach estate for $70 million in 2004.

Behind The Deals There are two unique ways in which billionaires facilitate a home buy.

One is to simply ask for it. That's what financier Henry Kravis did last year when he made an unsolicited $50 million offer for a 15,255-square-foot Palm Beach property, which the owner readily accepted.

Likewise, billionaire sellers have found that an under-the-radar arrangement has its advantages. Proposing offers or piquing interest amongst friends can be a lucrative strategy.

"Some billionaires aren't certain they want to sell," says Dolly Lenz, a broker at Prudential Douglas Elliman. "So they'll float a deal where they tell their friends that if they could get X for their property, they would sell it."

In the case of high-profile properties — like the Harkness Mansion that financier J. Christopher Flowers bought in 2006 for $53 million, or the Duke-Semans mansion that real estate mogul Tamir Sapir acquired last year for $40 million — word is sent out that the owners are interested in selling. Prospective buyers will then peruse the property six to nine months before it is formally listed. After all, it's never good for a prestigious home to sit on the market too long, as has been the case with the $70 million Pierre Hotel penthouse that has been on the market since 2004.

Three years may be a long time, but with the summer over and prime billionaire buying season upon us, that penthouse may soon find a buyer. That's because unlike the ordinary housing market, which spikes in the spring and ebbs in the fall and winter, trophy properties usually come off the market toward the end of the year.

"Activity takes off in December and January for trophy properties," says Jonathan Miller, president of real estate appraisal firm Miller Samuel. "This is when the bonus money is announced and starts percolating through Wall Street."

Administrative and municipal status

Chita is the administrative center of Zabaykalsky Krai , and, within the framework of administrative divisions , it also serves as the administrative center of Chitinsky District , to which it is also subordinated. As a municipal division , the city of Chita together with one rural locality in Chitinsky District is incorporated as Chita Urban Okrug.

City districts

The city is subdivided into four administrative districts: Chernovsky (named after the Chernovskiye coal mines and colloquially known as "Chernovskiye"), Ingodinsky (named after the Ingoda River ), Tsentralny, and Zheleznodorozhny.

Chernovsky Administrative District used to be a mining settlement, which was incorporated into Chita in 1941. Chernovskiye mines themselves are a geological nature monument of international status.

Transportation

Chita is served by Kadala Airport , situated 15 km to the west.

Chita is home to several facilities of higher education:

  • Transbaikal State University (formerly Chita State University )
  • Chita State Academy of Medicine

Chita Northwest air base is located nearby, as well as the 101st (Hub) Communications Brigade and the 53rd Material Support Regiment. [ citation needed ]

FC Chita is Chita's association football club. [ citation needed ]

An indoor arena for speed skating is planned.

Twin towns – sister cities

Chita is twinned with:

External links

  • Official website of Chita Archived November 4, 2017, at the Wayback Machine (in Russian)
  • Chita Business Directory (in Russian)
  • Account of Englishman's life in Chita, 2005-2006
  • Old Chita , website of local history (in Russian)
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  • 1653 establishments in Russia
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COMMENTS

  1. Billionaires Are Social Distancing in Super Yachts as Tens ...

    Henry Kravis, who co-founded the private equity firm Kohlberg Kravis & Roberts, is also a big name in Palm Beach. When he's not raiding and bankrupting children's toy stores, Kravis, worth $5.6 billion, can visit Palm Beach's Kravis Center for the Performing Arts, named in honor of his father, Raymond Kravis.

  2. The Hamptons' billionaire lane, mapped

    Henry Kravis. 490 Meadow Lane, Southampton, NY 11968. According to Forbes, ranked 108th in wealth in the United States. Kravis has owned this four-acre property for at least 20 years. Open in Google Maps; 490 Meadow Lane, Southampton, NY 11968. Visit Website. David Ganek.

  3. Paul McCartney Karlie Kloss and Josh Kushner on Geffen's $200M yacht

    Beatles, beauties and billionaires: David Geffen hosts Paul McCartney Karlie Kloss and Josh Kushner, Barry Diller, Henry Kravis, Misha Nonoo and more aboard his $200M yacht in Italy

  4. Henry Kravis

    Henry Roberts Kravis (born January 6, 1944) is an American businessman, investor, and philanthropist. [1] He is a co-founder of KKR & Co. Inc.. His lavish lifestyle has been criticized by activists looking to reform private equity regulations and restrict the practice of leveraged buyouts he pioneered. [2] [3] His buyout of RJR Nabisco was portrayed in the 1989 book and 1993 film Barbarians at ...

  5. Colorado ranch owned by one of the wealthiest Americans listed for $46M

    Henry Kravis, the 75-year-old co-founder of private-equity giant KKR & Co. Inc., has an estimated net worth of $5.4 billion, according to Forbes, and currently serves as the co-chairman and co-CEO ...

  6. Henry Kravis Kkr, Bio, Wiki, Age, Height, Wife, and Net Worth

    Henry Kravis is a noted American businessman, investor, and philanthropist. He is co-founder of KKR & Co. Inc. along with George R. Roberts, and Jerome Kohlberg Jr. He has a buyout of RJR Nabisco portrayed in the 1989 book and 1993 film Barbarians at the Gate. In addition, he was a supporter and fundraiser for President George W. Bush and John ...

  7. Docking the yacht: Cribs of billionaires

    Paul Allen can dock his 416-foot yacht — the Octopus — beside his Mercer Island, Wash., waterfront property. ... That's what financier Henry Kravis did last year when he made an unsolicited ...

  8. Billionaire Henry Kravis Lists Colorado Ranch For $46 Million

    Private equity king Henry Kravis' White River Valley Colorado ranch, "Westlands," is up for sale for a cool $46 million. Kravis who ranks No. 107 on the Forbes 400 and No. 365 on Forbes ...

  9. A Colorado Ranch Listed for $46 Million

    Henry R. Kravis, the billionaire co-founder of private equity giant KKR, listed this luxurious Colorado ranch. Known as Westlands, the 4,600-acre property is over 20 miles southeast of the town of Meeker, and more than an hour's drive from the resort communities of Aspen and Vail.

  10. Henry Kravis

    Co-Chair and Co-CEO, KKR. Henry Kravis and George Roberts, cofounders of private equity firm KKR, gave up their co-CEO titles in October 2021; both serve as executive co-chairs. Kravis cofounded ...

  11. The Master of Leverage: Henry Kravis

    Henry Kravis, a finance and private equity powerhouse. From his beginnings in Tulsa, Oklahoma, to co-founding KKR and pioneering leveraged buyouts, explore h...

  12. KKR co-founders each receive $100mn as private equity pay booms

    KKR co-founders Henry Kravis and George Roberts each earned more than $100mn in 2021 as buoyant financial markets caused the private equity group's profits to soar. The hauls of Kravis and ...

  13. Striking Autoworkers at Stellantis Are Up Against a Yacht-Sailing

    Elkann owns racing yachts and is married into royalty. He sits on the board of prestigious art museums and socializes with everyone from Jeff Bezos to Barack Obama. ... Marie-Josée Kravis, whose husband, Henry Kravis, is a private equity billionaire whose firm, KKR, has a controlling stake in the massive Coastal Gaslink Pipeline being built in ...

  14. Henry Kravis and George Roberts hand over transformed KKR

    On Monday, after Kravis and Roberts announced their departure, the shares neared a new record high. However, the shares retreated over the rest of the day, closing 0.1 per cent lower at $65.43 ...

  15. Chita, Zabaykalsky Krai

    Chita lies at the confluence of the Chita and Ingoda Rivers, between the Yablonoi Mountains to the west and the Chersky Range to the east. Lake Kenon is located to the west, within the city limits, and the Ivan-Arakhley Lake System is a group of lakes lying about 50 km (31 mi) west of Chita. [14]

  16. KKR's Henry Kravis on private equity, culture, and global markets

    In this episode of Goldman Sachs Exchanges: Great Investors, Henry Kravis, co-founder and co-executive chairman of KKR, discusses the evolution of the private equity industry and KKR's journey through that transition, the lessons he's learned from leading the firm, and his views on the economy and markets. This podcast was recorded October 17, 2023

  17. KKR Buys Hudson Yards Observation Deck for $500 Million

    The Empire State Building's 102nd-floor deck was renovated in 2019. The $500 million KKR paid is a big price tag for a big tower. At 73 stories tall, 30 Hudson Yards is valued well in excess of ...

  18. The Barbarian Evolution: How Billionaires Henry Kravis And ...

    Henry and George name successors, convert KKR into a corporation and begin a big push in Asia. 2019: KKR's global reach extends to 114 companies with $123 billion in sales and 753,000 employees.

  19. KKR positions successors to Henry Kravis and George Roberts

    KKR has lined up two executives to succeed Henry Kravis and George Roberts, the co-founders of the $138bn buyout group who helped to develop the private equity industry in the 1980s. In a rare ...

  20. Chita, Zabaykalsky Krai

    Contents 1History 2Geography 2.1Climate 3Administrative and municipal status 4City districts 5Transportation 6Education 7Military 8Sports 9Twin towns - sister cities 10Notable people 11References 11.1Notes 11.2Sources ...

  21. Chita, Zabaykalsky Krai

    Chita is founded in 1653. After 1825, the Decembrists gave exile to Chita. George Kennan said, "Among the exiles in Chita were some of the brightest, most cultivated, most sympathetic men and women that we had met in Eastern Siberia." When Richard Maack visited Chita in 1855, he saw a wooden town, with one, also wooden, church.

  22. Category:Chita, Zabaykalsky Krai

    Language Label Description Also known as; English: Category:Chita, Zabaykalsky Krai. Wikimedia category