Dolphins Owner Stephen Ross Giving Away $2 Billion to Charity

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People were left scratching their heads wondering why a man worth more than $4.4 billion was asking tax payers for more than $200 million to renovate his football team's stadium. But it appears that Miami Dolphins owner Stephen Ross isn't a total tightwad. He's now pledged to give away at least half of his net worth to charity.

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De La Cruz Family Yacht Used By Corrupt Officials in $3.4 Million Drug Deal

Categories: Crime, Upper Class
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DNCD
Dominican officials unveil $3.4 million in drug money during a press conference last week
For Miami power couple Carlos and Rosa de la Cruz, wealth has begotten cultural influence. The Cuban immigrants have built a business empire and used the profits to assemble one of the best private art collections in the country.

Last week, however, the De la Cruzes' wealth became a liability when the family's yacht was used in a $3.4 million cocaine deal in the Dominican Republic. Investigators say, however, that the De la Cruzes are not suspects but victims of corrupt local officials.

"Just to have your name in the same article [as a drug bust] is enough to hurt," says family attorney Joaquin Monserrate. "But things have been cleared and we want to help in that matter."

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Miami Pastor Kevin Sutherland Indicted for Trying to Sell Fake Damien Hirst Artwork

Categories: Crime, Upper Class
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It's not too difficult to imitate the artwork of Damien Hirst. Paint some circles on a canvas, throw some crystal on a skull, or encase a big-ass animal in a tank of formaldehyde and call it a day. But you didn't think of it first, did you? Which is at least part of the idea anyway.

Well, Miami resident Kevin Sutherland has been indicted in New York City for allegedly trying to sell some fake Hirst artwork.

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Micky Arison Is the Richest Man in Florida, But We Have 30 Other Billionaires

Categories: Upper Class
Florida is officially home to 31 billionaires according to the latest Forbes list (and that doesn't even count the ones who have second ...or third ... or fourth homes here), but Miami Heat owner and Carnival Cruises CEO Micky Arison is the richest of them all. Forbes estimates the 63-year-old has a net worth of $5.7 billion, making him the richest dude in Florida, and 211th richest person in the world.

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Donald Trump and Other Rich People Support Dolphins Asking Taxpayers for $200 Million

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You know who really likes billionaire Dolphins owner Stephen Ross' idea to put taxpayers on the hook for half of the $400 million in renovations to Sun Life Stadium? Other rich people!

In fact, the Dolphins blasted out a press releases today touting the support of the Trump Brand. Because if there's anything people adore and respect, it's Donald Trump.

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New Times Takes a $2.5 Million Bugatti Veyron Vitesse for a Spin (and a Burrito)

Categories: Upper Class
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Michael E. Miller
A Bugatti Veyron Grand Sport Vitesse worth $2.5 million
"Have you ever wrecked one of these?" I ask as our burnt-orange Bugatti Veyron Grand Sport Vitesse bursts onto the Julia Tuttle Causeway. Butch Leitzinger shakes his head. The mild-mannered man is Bugatti's official driver, but a better title would be "pilot." With a top speed of 260 mph, the Veyron is more turbojet than Toyota.

"I had one crazy Canadian who tried to," Leitzinger yells over the roar of the 1,200-horsepower engine just behind our heads. "We came up on a 180-degree turn against the mountain, and he steps on the brake and the car goes 'pop' " -- Leitzinger turns his hand sideways to show how the car skidded on the ice -- "And I think, OK, we're dead." Instead, the supersmart car righted itself just in time. I squeeze out a nervous grin.

Leitzinger and I are on a high-octane, two-hour test drive of the Vitesse -- at $2.5 million, the most expensive car in the world. As he steers us south onto I-95, my stomach puckers: after a quick demo, I'll be the one behind the wheel.

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Bugatti

Miami Is the Least Affordable City in America For the Middle-Class, Study Finds

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Not affordable housing

They can be truly hard to find in Miami, always lost between the film crews chasing Kardashian sisters to their next luxury club, the Russian oligarchs loudly racing Brazilian expats in souped up Lotuses, and the parade of art-collecting billionaires snapping up property in Fisher Island.

But Miami does have a middle class! They just don't have an easy time of it. In fact, between housing and transportation costs, Miami is the single toughest place in all the nation to be a middle-class resident, according to a new study.

See also: 


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Coral Gables, Pinecrest Now Home To One Of America's Most Expensive ZIP Codes

Categories: Upper Class
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Ever spend your weekend biking around Coral Gables and Pinecrest, looking longingly at those stately old houses under shady mango trees and thinking to yourself, "Man, I could definitely live here"? Well, no, you can't. Not unless you've recently become an international arms baron or sold your shares in Facebook, at least. 

As Miami-wide housing prices finally swing back up, a ZIP code that includes Coral Gables and Pinecrest comes in as the 15th priciest hood in the whole country on Forbes newest "Most Expensive ZIP Codes" list.

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The Village of Merrick Park Changing Its Name to Merrick Shops

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The Village of Merrick Park isn't so much an actual village but rather a fancy open-air mall. Of course, it's far too cushy to use the term "mall," but fearing that the name caused some confusion, it's officially renaming itself the Merrick Shops.

The name change coincides with both the mall's 10-year anniversary, and the change of the Design District into a major luxury-shopping competitor.

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Fisher Island Millionaire Gets Jail Time for Letting 16-Year-Old Son Marry His Housekeeper's Daughter

Categories: Crime, Upper Class
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Dan Rotta recently got a brand-new daughter-in-law and a sentence of 180 days in jail. The Fisher Island millionaire took his 16-year-old son to Las Vegas and let him marry his housekeeper's daughter. Because the boy is married, he's now legally considered an adult, and his mother, Rotta's ex-wife, Renee Rotta, no longer has any legal control over him. Ms. Rotta is none too pleased, and the judge handling their custody battle has ordered Mr. Rotta to jail for contempt of court.

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