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Started By
Message
OT Ballers: Fly Free for Life
Posted on 11/23/15 at 10:04 am
Posted on 11/23/15 at 10:04 am
LINK
quote:
Chinese billionaire Liu Yiqian, who doesn't exactly struggle to afford a plane ticket, can now likely fly free, in first class, with his whole family, anywhere in the world, for the rest of his life.
quote:
Liu has an American Express Centurion Card, also known as the AmEx "black card," an invitation-only card that is given only to AmEx's biggest spending clients. The card has no official credit limit — and it earns points, just like most of the cards non-billionaires carry around.
Each AmEx card issued in each country accrues points differently. But using a baseline of a one point per dollar, what American Express uses for its U.S. Platinum and Centurion Cards, Liu will earn 170,400,000 million Membership Reward points for his painting purchase, which doesn't include tax or the fees Christie's charges. He has likely earned tens of millions of points for his earlier fine art buys, like the expensive tea cup.
Posted on 11/23/15 at 10:06 am to WPBTiger
why fly first class when you can afford a jet?
Posted on 11/23/15 at 10:07 am to WPBTiger
because he couldn't afford a 500$ round trip flight I guess
Posted on 11/23/15 at 10:08 am to WPBTiger
IDC, I hate to fly, free or otherwise.
Not really. Pay the fee and you too, can own a black card.
quote:
an invitation-only card
Not really. Pay the fee and you too, can own a black card.
Posted on 11/23/15 at 10:08 am to WPBTiger
quote:
170,400,000 million
That's an expensive painting.
Or just typical terrible journalism.
Posted on 11/23/15 at 10:19 am to CajunAlum Tiger Fan
170 Million Million, that's a lot
Posted on 11/23/15 at 11:21 am to VetteGuy
Not exactly. It is an invitation only card. They do review portfolios before extending an invitation
Posted on 11/23/15 at 11:36 am to WPBTiger
The black card has been around for a while.
I prefer this rewards card.
I prefer this rewards card.
Posted on 11/23/15 at 11:37 am to UHTiger
I think you have to spend 250k on the platinum card one year to get an invite to the Black
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