We have our work cut out for us if we want to build a real economy, billionaire Jeff Greene said.» Read More
A look at some of the most popular toys collected as investments, as well as some that, while popular, are losing propositions profit-wise.
Plans were revealed for Hilton Hotels' long-awaited Waldorf Astoria in Beverly Hills, Calif., which will be opened in 2017.
The Fleur de Lys, the Westside mansion that recently sold for a Southern California record-breaking price of $102 million, is on the market for long-term lease at $400,000 a month, according to a report in the Los Angeles Times.
Wealthy sunseekers looking for a holiday home will head to New York next month for the auction of the Bahamas' largest private island.
The 650S is the starter McLaren, priced at around $280,000—about a quarter of the price of its flagship P1 model.
A new study finds that the richer you are, the more likely you are to support paying higher tax rates.
National real estate brokerage Redfin put together a list of the top celebrity real estate sales of 2013.
With a little help from Francis Bacon, global art market sales last year rose to a record $64 billion, Sotheby's says.
David Hasselhoff, of "Knight Rider" and "Baywatch" fame, is set to auction his memorabilia, which spans decades in Hollywood.
A look at some tech billionaire's wealth offers a lesson in tech stock volatility.
A change in New York's estate tax contains a hidden wrinkle that could leave some multimillionaires with a much bigger surprise tax upon their death.
A rare Ming Dynasty cup dubbed the "Chicken cup" was sold to a collector for $36 million. It sets a new world record for Chinese porcelain.
China's rich have acquired many of the tastes of the Western rich, but Bill Gates says they haven't embraced one of the most important: philanthropy.
It can be tough being a rich kid in Aspen. You have to know when to show off your wealth and when to keep it under wraps, according to a story in aspenjournalism.org.
Hedge funder Jim Chanos sees a speculative bubble forming in the art market. And he said the best way to hedge is to short the stock of Sotheby's.
You'd think rich donors would be celebrating. But the Supreme Court's decision to lift limits on political giving is making some donors miserable.
Short-seller Jim Chanos tells CNBC that investors should watch the stock price of this company for proof of a speculative bubble.
The Coldwell Banker Previews International survey ranked Woodside, Calif., in the heart of Silicon Valley, as the nation's top luxury market.
How do you know when you're rich? According to a survey, most people reckon it is when you are worth over £10 million ($17 million).
The average sales price for apartments in New York City jumped 15 percent in the first quarter to $1,773,523, putting the average price per square foot at $1,363.
Although pricey, long-term-care insurance can help defray the sky-high costs of medical care for many elderly patients.
A survey of the CNBC Financial Advisor Council is bullish on emerging markets as a hedge against market volatility.
Financial advisors are being particularly aggressive about managing their clients' income-tax liability.