It could be the world's most expensive fake. A 1962 Ferrari GTO is being offered for $63 million on a German website.» Read More
Eike Batista declared in 2011 that he would soon become the richest man in the world. Instead, he may become known for the largest personal-wealth loss.
In a big twist, a recent survey of top luxury CEOs lists North America as the most important market for growth over the next five years.
The NBA legend had listed the property for $29 million, then $21 million.
Digging into news Barneys and the NYPD are being sued for racial profiling, as well as the story of a Slovakian car company that worked two decades to create the "Aeromobil." Pop culture commentator Chuck Nice, and CNBC's Robert Frank, share their opinions.
CNBC's Robert Frank reports on the Chicago estate that is set to go on the block Nov. 22.
CNBC's Robert Frank reports on the world's largest known vivid orange diamond. The megastone is 14.82 carats and is expected to auction for $17 million to $20 million.
The Hamptons saw the best Q3 since 2005, with total sales increasing a little over 31 percent year-to-date, reports CNBC's Robert Frank.
Real estate sales in the Hamptons posted the strongest third-quarter results in eight years.
Indian journalism appears bold while attacking the prime minister and subdued when it had to investigate a billionaire. The NYT reports.
Rachael Sacks, a New York college student, wrote she was rudely treated by a cashier in a grocery store because she looked wealthy. CNBC's Robert Frank has the details. Jack Welch, former GE CEO, weighs in.
Rachael Sacks wrote an article on Thought Catalog after a grocery store cashier gave her a dirty look because she looked wealthy. CNBC's Robert Frank has the details of the controversy.
USA Today reports CEO salaries are rising with the stock market with top payouts at a record $4.7 billion and are likely to get even fatter next year.
Rachael Sacks said she has no intention of apologizing or flip-flopping on her views about wealth discrimination. A person's a person, she seems to argue, no matter how rich.
The preppy designer is placing his luxurious penthouse on the market for $80 million, reports CNBC's Robert Frank.
Fashion tycoon Tommy Hilfiger is listing his duplex at the Plaza Hotel for $80 million, making it one of the most exclusive condo listings in Manhattan.
While the wealthy don't show any signs of worrying about the effects of tighter money, they should be, according to economist Marc Faber.
Wealthy young New York families are making up for the removal of Latin Americans as buyers of luxury digs, real estate pros say.
The CEO snapped up the Lotus body for $989,000, and confirmed plans to turn the prop into a real, working sub car using a Tesla electric drivetrain.
Deep-pocketed, high-profile individuals are pouring millions of dollars into these money-losing businesses, often without any goal of earning a return.
The violin famously played by the Titanic's bandmaster as the ship sank on its maiden voyage in 1912 sold for £900,000 ($1,454,400) at auction on Saturday.
Advisors often see clients' wealth squandered by children, but parents can in fact protect their legacy from irresponsible heirs.
As the market rises, now is the time to guard your portfolio against the volatility that can strike at any time.
Advisors are using exchange-traded funds in clients' portfolios, citing transparency and a demand for lower-cost investments.