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The Luxe Dispatch

An Island in Fiji Up for Grabs, Prada Buys Versace & More

From a no-reserve Fijian island auction to a politically charged Patek Philippe at Leon Gallery, this week’s Luxe Dispatch is packed with stories that define power and provenance.

By Bryle Suralta

December 05, 2025
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Photo: Platinum Luxury Auctions/iStock/Leon Gallery

Collecting, whether islands, maisons, or heirlooms, is equal parts drama and desire. A private island in Fiji hits the auction block with no reserve, a rare freehold jewel promising 27 acres of Pacific escape. Prada, meanwhile, takes a bold billion-dollar step into fashion consolidation with its acquisition of Versace. Back home, history and horology is engraved in gold, as Leon Gallery readies a politically charged Patek Philippe gifted by the Marcoses to Senator Gil J. Puyat. A Private Island in Fiji Heads to Auction If the year needed one final flourish of escapist dreaming, it’s this. Wavi Island in Fiji heads to auction this December with no reserve. Rare for the region, the island offers 27 acres of lush Pacific serenity. What makes the island even more intriguing is the fact that it's freehold, granting true ownership rather than a lease-to-lifetime arrangement. The island even arrives turnkey with its own..

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