LONDON, Dec 1- BlueCrest Capital Management, the $8 billion hedge fund firm founded by billionaire Michael Platt, is returning all the cash provided by outside investors amid pressure on fees, rising costs and a lackluster performance. The decision, which follows an exodus of capital in recent years and disappointing returns relative to some rivals, is a shock...» Read More
The sticker shock is just the beginning—the cost to keep a mega-yacht afloat is pretty mega ,too, according to some experts and owners.
Check out this supercar once owned by Barbara Hutton, and visit the island where the super rich spend more than $50 million on classic cars in a weekend.
Twitter will get a public value of as much as $10 billion, but only one shareholder will become a billionaire—and he's no longer with the company.
If you can't buy it, build it. These 5 expensive replicas that may be even better than the real thing.
Sales of New York apartments priced at $10 million or more surged 75 percent in the third quarter, according to Brown Harris Stevens.
America's 100 largest individual landowners added 700,000 acres to their holdings, according to the Land Report 100, and now own 2 percent of the U.S. land mass.
A bitter fight between two of the New York area's wealthiest families is playing out in the modest trappings of a county courthouse.
It's simply known as "The Ski Home." This Aspen, Colo., megamansion is the largest home in town. CNBC cameras take you on a VIP tour with the owner.
Millionaires can be forgiven for feeling, well, a little average. There are millions of millionaires in the U.S. Here are some signs you're super rich.
It’s one of the most exclusive homes in America, but only CNBC's cameras granted access to tour this luxury manse.
George Soros, the 83-year-old billionaire investor, philanthropist and supporter of liberal political causes, married for a third time on Saturday, tying the knot with education consultant Tamiko Bolton.
A proposed settlement in the $300 million estate of heiress Huguette Clark would give more than $30 million to her relatives, most of whom never met her. NBC News reports.
We found the best kept secrets in luxury in some very unlikely places. You’ve probably never heard of these tiny towns unless you’re super rich.
Settlement efforts have delayed the trial of who will inherit the $300 million estate of copper mining heiress, Huguette M. Clark.
The wealthy should give less to charity and invest more of their money in start-ups, said Scott McNealy, the former CEO of Sun Microsystems.
The 400 richest Americans are now worth a combined $2 trillion, according to Forbes. That's more than the GDPs of many nations.
Newport's storied mansions were left behind in the 1990s and 2000s, but its oceanfront estates are regaining their shine as new buyers come to town.
President Barack Obama said government can and should shrink the gap between the rich and poor. Here are some reasons why that's wrong.
Speculation about Russian President Vladimir Putin's net worth is rife, but getting a true estimate is very difficult. A look at why.
Despite a deceleration in China's economic growth, the country is minting billionaires at an astonishing pace.