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Versace's Miami mansion sells for $23 million

(ELLE.com) – The latest business and real estate news among the glitterati is the sale of the late Gianni Versace's Miami mansion for $23 million. When the designer was murdered in front of the palatial estate three years ago, the fashion world mourned one of its most prominent designers. Versace’s extravagantly decorated home not only reflected his ornate and fabulously over-the-top style, but was also the backdrop for some of fashion’s glitziest parties and photo shoots. Bought by 43-year-old Peter Loftin, the Versace sale outstrips Miami’s previous record set by the sale of Sylvester Stallone’s $16.2 million home.

Claudia in Cyberspace
Even among supermodels, cyberspace is chic. Ubermodel Claudia Schiffer is the latest hi-priced beauty to trot online, set to launch www.claudiaschiffer.com in June. Selling travel accessories, T-shirts and mobile phones, the website will also feature a sneak peek into the supermodel’s life, with a weekly journal and snapshots taken by Claudia herself. Besides selling goods, the website will also feature advice on everything from beauty to nutrition. Aside from this new internet venture, the 30-year-old Schiffer still rakes it in from ad campaigns and the occasional runway appearance, keeping her one of the top-paid models in the industry.

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