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The world's club of ultrawealthy individuals added about 5,000 new members last year, according to the latest Wealth Report. The NYT reports.
A few supercar owners and companies have started building boats modeled after Ferraris, Lamborghinis and other supercars.
Two of the leading billionaire counters came up with wildly different results for the number of billionaires in China. What gives?
The world’s super-rich could soon switch from setting up home in the traditional property hot spots such as London to heading for outer space.
Richest people in the world are now worth a combined $6.4 trillion, according to Forbes. Record-breaking number up from $5.4 trillion last year.
Sotheby's said it acquired the "Pink Star" diamond, which had fetched a world-record price in November, after its buyer couldn't pay and defaulted.
It wasn't that long ago that the first $1 million car was news. Now, a two-wheel vehicle is about to hit seven figures.
A new ranking of the 100 richest neighborhoods in America finds a surprising concentration of wealth in one area, and it's not where you'd guess.
China continued minting billionaires, driven by technology, with a two-horse race developing in the country's internet sector, according to Hurun.
The U.K. plan to auction off visas, with bids starting at $4 million, may sound strange, but it's not too different from other schemes that give investors visas.
After a wave of anti-wealth protests in San Francisco, the nearby, posh town of Atherton is investigating graffiti and has brought in the FBI to help.
As President Obama focuses on the issue of income inequality, an unlikely constituency is looking for ways to close the nation's growing wealth gap.
Philip Seymour Hoffman's will was 10 years old, and experts say that was just one of the problems.
Singapore appears to have stage-managed an enviable feat in its latest budget: combining increased social spending while avoiding a tax hike for the wealthy.
Australia – one of the most expensive property markets in the world - is still a top choice for affluent Asian investors, despite bubble fears.
Billionaire hedge fund manager Kenneth C. Griffin announced that he was donating $150 million to Harvard. The NYT reports.
The countess of the English estate explains the business of keeping a 300-room castle in tip-top shape.
"Kissing Coppers," a mural removed from a building in Brighton, England, was purchased by an anonymous telephone buyer, Fine Art Auctions Miami says.
Despite being home to some of the poorest people in the world, financial wealth in emerging Asia is set to outpace that of the U.S. by 2015, HSBC analysts have found.
Flush with cash and wary of market volatility, wealthy investors increasingly are buying rare coins and other so-called treasure assets, say advisors.
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From the age we begin working, many of us live a spendthrift lifestyle that can't be maintained after we retire.
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