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Every spring hundreds of yachts migrate from the Caribbean to the Mediterranean and some of them do it by boat, reports CNBC's Robert Frank.
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Michael Novogratz of Fortress Investment Group said the art market is "100 percent a bubble," and he predicts it will be the next gold.
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Sales at Sotheby's contemporary art auction totaled $293,587,000, reports CNBC's Robert Frank.
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Wealthy Chinese looking for good real estate investments are finding them in vineyards, reports CNBC's Robert Frank.
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The world's wealthy are pouring more of their fortunes into prime vineyards, and brokers say demand is rising for raw acreage as well, prompting Christie's to start a new real estate service.
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CNBC's Rick Santelli worries that when it comes to Obamacare, the IRS will use political tests to determine who gets health care. (3:12)
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The Internal Revenue Service may be watching the very rich, reports CNBC's Robert Frank.
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News that the Internal Revenue Service scrutinized conservative political groups has put the spotlight on another IRS target: the wealthy.
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In Jay Gatsby's time, the mansions along Long Island's Gold Coast were famous for their excess and price tags. Now, they're more famous for their price cuts.
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CNBC's Robert Frank takes a look at how wealth has changed in America since the 1920s.
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CNBC's Robert Frank takes a look at a Long Island mansion that could have come straight off the pages of F. Scott Fitzgerald's famed book, "The Great Gatsby."
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Taxes paid by the nation's top earners are putting government back in the black, reports CNBC's Robert Frank.
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Taxes paid by the top earners are putting the U.S. back in the black, according to the Congressional Budget Office.
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Sotheby's impressionist and modern art evening sale pulled in $230 million Tuesday night, with CNBC's Robert Frank.
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Ferrari is capping production this year. The stated reason: status protection. But what's the reality? Some experts think it may be a sign of lower demand for the luxury car.
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If you were looking for millionaires, you'd probably head to London or New York or Monaco. But you might be better off trying Tokyo.
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Tax attorneys say celebrities like Grammy Award winner Lauryn Hill are often sentenced and prosecuted more vigorously so that officials can send a message to the public.
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Ralph Lauren, the fashion mogul and vintage-car collector, recently took delivery of a new RUF CTR-3, according to people familiar with the deal.
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What are art lovers interested in this spring? A peek at the billion dollars worth of art on offer at Christie's and Sotheby's.
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Wealthy Chinese are on a global shopping spree. Along with handbags, art and condos, they're also buying foreign visas.
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CNBC's Robert Frank has the inside scoop on a culinary painting that could fetch a whopping $22 million.