Niall Horan, Harry Styles, Liam Payne, Zayn Malik and Louis Tomlinson of One Direction attend the Very fashion show at Victoria House on November 24, 2010 in London, England. Getty Images
Harry Styles, in a skinny tie, attends the premiere of 'The Chronicles of Narnia: The Voyage of the Dawn Treader' at Odeon Leicester Square on November 30, 2010 in London, England. Getty Images
Liam Payne, Louis Tomlinson, Harry Styles, wearing a relaxed shirt and jeans, Zayn Malik and Niall Horan attend the X Factor press conference at the Connaught Hotel on December 9, 2010 in London, England. Getty Images
Niall Horan, Liam Payne, Zayn Malik, Louis Tomlinson and Harry Styles, in a grey blazer, attend the Jingle Bell Ball at O2 Arena on December 4, 2011 in London, England. Getty Images
Niall Horan, Harry Styles, in a three-piece suit and bow tie, Zayn Malik, Louis Tomlinson and Liam Payne attend the Brit Awards at the O2 Arena on February 21, 2012 in London, England. Getty Images
Niall Horan, Liam Payne, Harry Styles, in a blue blazer and bow tie, Zayn Malik and Louis Tomlinson arrive at the Logie Awards at the Crown Palladium on April 15, 2012 in Melbourne, Australia. Getty Images
Harry Styles, in a preppy blazer, performs at Hisense Arena on April 16, 2012 in Melbourne, Australia. Getty Images
Harry Styles, in Burberry, arrives at the Burberry fashion show at Kensington Gardens on September 17, 2012 in London, England. Getty Images
Harry Styles, in a cardigan and T-shirt, attends a press conference to promote the album 'Take Me Home' in Tokyo, Japan, on January 18, 2013. EPA
Zayn Malik, Niall Horan, Liam Payne, Louis Tomlinson and Harry Styles, in skinny jeans, attend the NRJ Music Awards at Palais des Festivals on January 26, 2013 in Cannes, France. Getty Images
Harry Styles, in a Burberry shirt, attends the "One Direction: This is Us" premiere at the Empire Leicester Square on August 20, 2013 in London, England. Getty Images
Kelly Osbourne and Harry Styles, in a simple tee and jeans, attend the House of Holland show during London Fashion Week on September 14, 2013 in London, England. Getty Images
Harry Styles, in Burberry, arrives at the Burberry show during London Fashion Week at Kensington Gardens on September 16, 2013 in London, England. Getty Images
Harry Styles, in Saint Laurent, attends the British Fashion Awards at London Coliseum on December 2, 2013 in London, England. Getty Images
Harry Styles, in Burberry, attends the Burberry show at London Fashion Week at Kensington Gardens on February 17, 2014 in London, England. Getty Images
Zayn Malik, Niall Horan, Louis Tomlinson, Liam Payne and Harry Styles, in a slogan tee, pose prior to performing at Wembley Stadium on June 8, 2014 in London, England. Getty Images
Niall Horan, Liam Payne, Louis Tomlinson, Zayn Malik and Harry Styles, in Saint Laurent, attend The Royal Variety Performance at the London Palladium on November 13, 2014 in London, England. Getty Images
Harry Styles, in an embroidered jacket, arrives for the American Music Awards at the Nokia Theatre in Los Angeles, California, on November 23, 2014. EPA
Harry Styles, in Lanvin, attends the British Fashion Awards at London Coliseum on December 1, 2014 in London, England. Getty Images
Harry Styles, in Louis Vuitton, Liam Payne, Zayn Malik, Louis Tomlinson and Niall Horan attend the 40 Principales Awards photocall at the Barclaycard Centre on December 12, 2014 in Madrid, Spain. Getty Images
Harry Styles, in Gucci, arrives at the American Music Awards at the Microsoft Theatre on November 22, 2015 in Los Angeles, California. Getty Images
Louis Tomlinson, Liam Payne, Niall Horan and Harry Styles, in a Rolling Stones tee, attend a press conference in Mexico City, Mexico, on November 25, 2015. EPA
Liam Payne, Louis Tomlinson, Harry Styles, in pinstripe flares, and Niall Horan attend the BBC Music Awards at Genting Arena on December 10, 2015 in Birmingham, England. Getty Images
Harry Styles, in Gucci, arrives at the 'Dunkirk' premiere at Odeon Leicester Square on July 13, 2017 in London, England. Getty Images
Harry Styles, in Givenchy, performs during the Victoria's Secret Fashion Show at Mercedes-Benz Arena on November 20, 2017 in Shanghai, China. Getty Images
Harry Styles, in Gucci, attends the iHeartRadio Music Festival at T-Mobile Arena on September 22, 2017 in Las Vegas, Nevada. Getty Images
Harry Styles, in Alexander McQueen, arrives at the Aria Awards at The Star on November 28, 2017 in Sydney, Australia. Getty Images
Harry Styles, in Gucci, and Stevie Nicks at the Rock and Roll Hall of Fame induction ceremony in Brooklyn, New York, on March 29, 2019. Reuters
Harry Styles, in Gucci, attends the Met Gala at the Metropolitan Museum of Art in New York, US, on May 6, 2019. Reuters
Harry Styles, in Gucci, attends the Brit Awards at The O2 Arena on February 18, 2020 in London, England. Getty Images
Roman Kemp and Harry Styles, in Gucci, attend the Brits after-party at The Standard on February 18, 2020 in London, England. Getty Images
Harry Styles, in Gucci, performs on NBC's 'Today' show on February 26, 2020, in New York, US. AP
Celebrity Net Worth: Harry Styles backs British label SS Daley
In our fortnightly celebrity investment and wealth round-up, Tiger Woods ends Nike partnership that earned him an estimated $500 million and Ariana Grande books a loss on a property sale
The size of Styles’ investment was not disclosed. The funds will help SS Daley expand its direct-to-consumer business and scale up its operations.
Styles has been associated with the brand since 2020, when he wore the label in his video for his pop-rock track Golden.
“Harry and I have a shared vision for the future of SS Daley and we look forward to this new chapter together as we focus on brand longevity and scaling the business into a modern British heritage house,” Steven Stokey-Daley, the label's founder, said.
The move is in line with a trend of celebrities making equity investments in the fashion industry.
Styles, who turns 30 next month, has a net worth of $120 million, according to wealth tracking site Celebrity Net Worth.
He rose to fame as a member of boyband One Direction. Since the band took a hiatus in 2016, Styles has had a successful solo career.
He has sold more than 8.8 million albums, including five million in the US and 1.2 million in the UK, according to Bestsellingalbums.org.
Styles has also won three Grammy awards, including for the song Watermelon Sugar and the album Harry’s House.
His film credits include Dunkirk and Don’t Worry Darling.
Outside entertainment, Styles launched beauty and lifestyle brand Pleasing in 2021. The debut collection included nail polishes and eye make-up. Last November, the label launched three genderless fragrances.
Styles has also endorsed many brands, most notably Apple and Gucci.
But music tours are perhaps his biggest source of income. The As It Was singer’s two-year Love on Tour is one of the top-grossing tours of all time, taking more than $617.3 million from five million people attending, according to Billboard magazine. Styles likely earned $70 million from the tour, Forbes magazineestimates.
Styles’ other investments include the Co-Op Live entertainment arena in his home city of Manchester.
His Erskine Records label holds 365 shares in the holding company, according to the UK’s Business Live publication. The venue is set to open in April.
He owns homes in London’s Hampstead Heath and New York as part of a portfolio valued at $62.5 million, according to media reports.
Tiger Woods is one of the world's few athlete billionaires. AFP
Tiger Woods
Billionaire golfer Tiger Woods has announced the end of a 27-year partnership with sportswear giant Nike.
Mark Steinberg, Woods’ longtime agent, said the golfer made a business decision to not renew with Nike, US news channel CNBC reported.
“Phil Knight’s passion and vision brought this Nike and Nike Golf partnership together and I want to personally thank him, along with the Nike employees and incredible athletes I have had the pleasure of working with along the way,” Woods wrote on X.
“People ask if there is another chapter. Yes, there will certainly be another chapter.”
Watch: Tiger Woods impressed with Dubai
Mr Knight is the co-founder and chairman emeritus of Nike.
Woods has earned an estimated $500 million from Nike, the channel said.
The second part of Woods’ tweet hints at another partnership, but nothing had been announced at the time of going to press.
Woods, 48, has a net worth of $1.1 billion, according to estimates by Forbes. He is one of just a handful of billionaire athletes, alongside basketball’s Magic Johnson, Michael Jordan and LeBron James.
Woods earned $75.1 million in the 12 months to May 2023, Forbes said. The largest chunk of that income came off the golf course, including from sponsorships with Rolex, Bridgestone, Full Swing and Upper Deck.
The Florida resident has numerous business investments, as well as two homes on the state’s Jupiter Island.
His TGR Design firm has been involved with at least a dozen different golf courses, mostly in the US.
Together with fellow golfer Rory McIlroy, Woods launched TMRW Sports, a technology-focused venture. It has announced plans for a new golf league called TGL, to be launched in 2025.
Woods is also a partner with Justin Timberlake and British billionaire Joe Lewis in T-Squared Social, a premium sports bar brand. The first venue opened in New York City last year and another is on the way in St Andrews, Scotland.
The five-time Masters winner also has stakes in Alphabet, the Albany Bahamas luxury resort and mini-golf entertainment company PopStroke, according to investor platform PitchBook.
Ariana Grande has sold her Los Angeles home to Bad Bunny. AFP
Ariana Grande
Singer and actor Ariana Grade has sold her Hollywood Hills home in Los Angeles, California, to El Apagon rapper Bad Bunny for $8.9 million.
She has taken a loss of about $600,000 on the 2021 purchase price, according to wealth magazine, the Robb Report.
Together with the city’s mansion tax and other transfer fees, Grande likely lost more than $1 million on the sale.
The property changed hands in a private transaction.
It is made up of three hillside plots that afford stunning views of Los Angeles. The main residence, a 1,600 square feet bungalow, was built in 1946.
Grande has a net worth of $240 million, according to Celebrity Net Worth.
She is one of the world’s most popular singers, with more than 100 record units sold, including 77.5 million digital singles, according to the Recording Industry Association of America.
In 2021, the Yes, And? singer founded r.e.m. beauty, a cosmetics line. Last year, the company announced a strategic investment by Sandbridge Capital, a private investment firm.
Grande has released a number of fragrances with Luxe Brands, including bestsellers Moonlight, Sweet Like Candy and Ari by Ariana Grande, which have grossed more than $1 billion, according to Celebrity Net Worth.
She has also partnered with many brands for co-designed collections, including a fashion line with Lipsy London and cat ear headphones with Brookstone. She has endorsed Reebok, Givenchy, Apple, Macy’s and T-Mobile.
With 381 million followers on Instagram, Grande charges an average price of $2.26 million per Instagram post, according to November 2023 data from Influencer Marketing Hub.
Vratika Gupta, chief executive of luxury interiors brand Maison Sia, has purchased a seaview apartment in Mumbai. Photo: Maison Sia
Vratika Gupta
In one of India’s biggest apartment sales, designer Vratika Gupta, chief executive of luxury interiors brand Maison Sia, has purchased a seaview luxury apartment in Mumbai for 1.16 billion Indian rupees ($14 million), according to registry filings reported by real estate data firm IndexTap.
The 12,138 square feet apartment is part of the Oberoi Three Sixty West skyscraper complex in the city’s Worli area.
The new flat, which comes with eight car parking spaces, is a short drive from Ms Gupta’s Raghuvanshi Mills store.
An alumnus of India’s National Institute of Fashion Technology, she launched Maison Sia to bring global luxury objets d’art to Indian consumers.
Last year saw a total of 58 ultra-luxury homes priced above 400 million rupees being sold in seven major cities around India. All but five were in Mumbai, according to Indian property consultant Anarock.
At least 12 deals were worth more than 1 billion rupees each. The number is a 250 per cent increase over 2022, when just 13 homes exceeded 400 million rupees.
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Dubai works towards better air quality by 2021
Dubai is on a mission to record good air quality for 90 per cent of the year – up from 86 per cent annually today – by 2021.
The municipality plans to have seven mobile air-monitoring stations by 2020 to capture more accurate data in hourly and daily trends of pollution.
These will be on the Palm Jumeirah, Al Qusais, Muhaisnah, Rashidiyah, Al Wasl, Al Quoz and Dubai Investment Park.
“It will allow real-time responding for emergency cases,” said Khaldoon Al Daraji, first environment safety officer at the municipality.
“We’re in a good position except for the cases that are out of our hands, such as sandstorms.
“Sandstorms are our main concern because the UAE is just a receiver.
“The hotspots are Iran, Saudi Arabia and southern Iraq, but we’re working hard with the region to reduce the cycle of sandstorm generation.”
Mr Al Daraji said monitoring as it stood covered 47 per cent of Dubai.
There are 12 fixed stations in the emirate, but Dubai also receives information from monitors belonging to other entities.
“There are 25 stations in total,” Mr Al Daraji said.
“We added new technology and equipment used for the first time for the detection of heavy metals.
“A hundred parameters can be detected but we want to expand it to make sure that the data captured can allow a baseline study in some areas to ensure they are well positioned.”
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The Hindu festival is at once a celebration of the autumn harvest and the triumph of good over evil, as outlined in the Ramayana.
According to the Sanskrit epic, penned by the sage Valmiki, Diwali marks the time that the exiled king Rama – a mortal with superhuman powers – returned home to the city of Ayodhya with his wife Sita and brother Lakshman, after vanquishing the 10-headed demon Ravana and conquering his kingdom of Lanka. The people of Ayodhya are believed to have lit thousands of earthen lamps to illuminate the city and to guide the royal family home.
In its current iteration, Diwali is celebrated with a puja to welcome the goodness of prosperity Lakshmi (an incarnation of Sita) into the home, which is decorated with diyas (oil lamps) or fairy lights and rangoli designs with coloured powder. Fireworks light up the sky in some parts of the word, and sweetmeats are made (or bought) by most households. It is customary to get new clothes stitched, and visit friends and family to exchange gifts and greetings.
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Our legal advisor
Ahmad El Sayed is Senior Associate at Charles Russell Speechlys, a law firm headquartered in London with offices in the UK, Europe, the Middle East and Hong Kong.
Experience: Commercial litigator who has assisted clients with overseas judgments before UAE courts. His specialties are cases related to banking, real estate, shareholder disputes, company liquidations and criminal matters as well as employment related litigation.
Education: Sagesse University, Beirut, Lebanon, in 2005.