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Italy's exclusive Billionaire club to close

From telegraph.co.uk

For more than a decade it has hosted a champagne-quaffing jet set of supermodels, oligarchs and Hollywood stars but Billionaire, a legendary nightclub on Sardinia’s Costa Smeralda, is to close. The move was announced by its flamboyant owner, Flavio Briatore, who accused the technocrat government of Mario Monti of fostering a new climate of sobriety and social envy, fuelled by a crackdown on tax evasion which has targeted the owners of luxury boats and expensive sports cars. “In Italy if you have a big boat and you arrive in a port, you are seen as either a bandit or a thief,” the Formula One impresario told an ... (full story)

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