New data from the IRS shows that tax filers with taxable incomes of $1 million or more were audited nearly 12 times more often than the population as a whole.
Zsolt Lavotha, chairman of Monaco Private Equity and Venture Capital Association, tells CNBC that Monaco is marketing itself as a breeding ground for young entrepreneurs through its 'Edge' networking program.
As the housing market rebounds, so do sales of home priced at $10 million and up. CNBC's Robert Frank lists the zip codes where sales are the hottest. (2:48)
CNBC's Robert Frank reports on the state of high-end luxury apartments in Manhattan, after a race to sell real estate at the end of 2012, in an effort to beat an increase in the capital gains tax.
Ocappi, an online diamond company launching Wednesday, aims to equip men with multiple rings to choose from. Each ring will require a $75 deposit and must be returned within five days.
Tax incentives to spur retirement-plan contributions lead only relatively wealthy, well educated Americans to save more, studies show. Automatic contributions work much better.
CNBC's Robert Frank reports why Steve Cohen did not buy a pricey home in the Hamptons and a Picasso piece, Le Reve, to protect his assets from any kind of litigation or claim.
The role of the Federal Reserve may be expanding, particularly as it comes to the wealth gap, with CNBC's Robert Frank and Lindsey Piegza, financial economist.
From early withdrawals from 401(k) accounts to how you handle gifts from Grandma, here are five pitfalls to avoid while applying for college financial aid.
Here's one sign of a global housing recovery: Every month seems to bring a new "world's most expensive" listing or sale. This month's offering is the penthouse of the Tour Odeon in Monaco.