Resentment over wealthy foreigners buying up real estate has created new calls for a "mansion tax" in the U.K., but some warn it could hurt the property market.» Read More
Luca Cordero di Montezemolo will step down as chairman of Ferrari, and will be replaced by Sergio Marchionne, who also serves as CEO of Fiat.
Shares in luxury watchmakers lost their shine on Wednesday after Apple released its hotly-anticipated smartwatch.
Today's globe-trotting rich are more likely to want pied-à-terres as second homes, which means you may not guess where the new 2nd-home hot spot is.
The home, believed to now be America's most expensive public listing, has set a new high-water mark for real estate.
The widening gap between the wealthy and the rest of America during the recovery can largely be explained in one word: stocks.
Cheryl Shuman hopes to change public perception about marijuana use and is asking high-net-worth circles to fund her efforts.
The widening gap between America's wealthiest and its middle and lower classes is "unsustainable," according to a Harvard Business School study.
America's millionaire population hasn't grown significantly in 10 years, according to new data, suggesting those at the top aren't benefiting from the recovery.
This multimillion-dollar midcentury Beverly Hills, California, megahome built by a famed architect is now for sale.
Once seen as symbols of the American dream, today's wealthy political candidates are trying desperately to deny their wealth to win over voters.
Prenups are supposed to be the ultimate divorce insurance for the wealthy. Yet like insurance, they're often challenged when there's a claim.
If the prenup remains, she will only be entitled to roughly 1 percent (an estimated $50 million) of her husband's worth, the NYT reports.
The fashion mogul Bernard Arnault’s LVMH and the Hermès luxury house have finally made peace, the companies say.
It's one of a kind. Take a peek inside this Knightsbridge penthouse that rents for $99,000 a week.
New data from Trulia show that private school enrollment is highest in the wealthier states as well as in states with strongly religious populations.
One company is putting the bling into university travel by offering a $41,500 deal to students wanting to arrive by private jet.
Some of Hollywood's "A-list" celebrities have spent a night, or two, at this Mediterranean mansion. Take a look at some of the luxuries it offers.
Vinod Khosla, a green energy billionaire with ties to President Obama, is fighting surfers over access to a beach south of San Francisco. NBC reports.
Babolat's Play, a smart racket that tracks a tennis player's performance, may take the tennis tech battle to a whole new level.
Wealthy investors have grown more pessimistic about the economy this summer, with many citing crises in the Middle East and Ukraine as potential hazards, a survey finds.
Most advisors are generalists, but some take it to the next level by focusing on specific niches, such as doctors or gay couples.
Control and certainty about asset transfers make trusts an attractive option for family businesses.
Naming the wrong people on the beneficiary form or failing to update financial documents can create a real mess for your heirs.