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  • Another auction, another world record for Sotheby's Wednesday, 30 Apr 2014 | 3:31 PM ET
    Sotheby’s in New York City auctioned off a total of $44.3 million dollars in sales at its Magnificent Jewels auction. The big record breaker was a stunning 28.18 carat sapphire and diamond ring selling for $5 million dollars (L). The top seller of the evening was a 15 carat orangy pink diamond and diamond ring that sold for $6.1 million dollars.

    Sotheby's auctioned off a total of $44.3 million dollars in jewels Tuesday, including a record-breaking sapphire.

  • Why giving to charity will make you richer: Weill Wednesday, 30 Apr 2014 | 3:39 PM ET
    Sandy Weill, former CEO of Citigroup.

    Citigroup founder and philanthropist Sandy Weill said that young entrepreneurs and executives should start giving to charity as early as possible.

  • Rent-a-Rolex? Luxe watches go timeshare Monday, 28 Apr 2014 | 11:09 AM ET
    Audemars Piguet Royal Oak Offshore Chrono: $25,000.

    A start-up company called Eleven James has launched a timepiece timeshare that allows customers to get a new luxury watch every couple of months for an annual fee.

  • Self-made billionaire: The how-to guide Sunday, 27 Apr 2014 | 7:13 PM ET

    You don't have a buck to your name, but you'd like to have a billon of them and wonder how the Gates and Jobs of this world did it? Here's how!

  • Here's what's vexing the super rich in Asia Sunday, 27 Apr 2014 | 8:13 PM ET
    Luxury boats and yachts on display during the Singapore Yacht show at ONE°15 Marina Club at Sentosa cove.

    Marina developers in Southeast Asia are racing to build berths to address the latest problem vexing Asia's rapidly growing ranks of ultra-rich.

  • Come drive my Ferrari! That's what friends are for Friday, 25 Apr 2014 | 4:41 PM ET
    Ferrari 360 Modena

    Car enthusiast Doug DeMuro has a few words for his fellow supercar owners: "You should let other people drive your car."

  • Warhol's lost computer art recovered Friday, 25 Apr 2014 | 2:44 PM ET
    Andy Warhol in 1968.

    After being locked away on floppy disks for nearly three decades, works created by Andy Warhol on a Commodore Amiga computer in 1985 were recovered, the Andy Warhol Museum said.

  • Rich Russians say: Forget the yacht, we want income! Friday, 25 Apr 2014 | 12:52 PM ET
    Roman Abramovich's yacht "Eclipse" arrives in Bodrum, Turkey, on Nov. 1, 2013.

    When wealthy Russians shopped for assets in the West in the past decade, they usually looked for status. Now they're hunting for something else.

  • Real estate prices in Hamptons soar 40% Thursday, 24 Apr 2014 | 11:01 AM ET
    This Southampton home, located on 10 acres,  is currently listed for $45 million.

    The average sale price for real estate in the Hamptons soared by 40 percent, to $1.7 million, in the first quarter.

  • Will there be a trillionaire in the 21st century? Thursday, 24 Apr 2014 | 12:01 PM ET

    Income inequality is growing and the rich keep getting richer. In 25 years a serial entrepreneur with grand visions may cross the wealth threshold.

  • Vivien Leigh's European retreat for sale for $5.9M Wednesday, 23 Apr 2014 | 3:59 PM ET
    Tickerage Mill, East Sussex, UK

    The former country home of one of Hollywood's most famous actresses, Vivien Leigh, has hit the market for about $5.9 million, according to a report in the Daily Mail.

  • Moguls who won't leave wealth to their kids Thursday, 24 Apr 2014 | 5:34 AM ET
    Bill Gates

    See whose children will have to earn their own money for Lamborghinis and summer mansions.

  • This car's value just rose 525%...Here's how Wednesday, 23 Apr 2014 | 1:17 PM ET
    2002 Aston Martin Vanquish featuring 50 N.B.A. Hall of Fame athletes’ signatures

    When you're spending six-figures on a luxury sports car, most people inspect it for marks, but for this 2002 Aston Martin Vanquish, the more marks the better.

  • Book a room at the Four Seasons private jet Wednesday, 23 Apr 2014 | 9:32 AM ET

    Four Seasons has a new weapon in the luxury travel wars: its own Boeing 757.

  • Do the rich rule America? Not really Tuesday, 22 Apr 2014 | 1:02 PM ET
    The rich are a varied group with a range of opinions. While Thomas Steyer, founder of Farallon Capital Management, pictured here, opposes the Keystone Pipeline, other wealthy individuals such as T. Boone Pickens support it. That complicates studies about the wealthy's political views.

    The media have seized on a recent study that shows that a powerful "American elite" rules America. It's a scary finding. But a closer look suggests it's not that simple.

  • Italy: The next multibillion-dollar art market? Tuesday, 22 Apr 2014 | 7:30 AM ET
    A viewer admires the 'Birth of Venus' by Sandro Botticelli, at the Uffizi Gallery in Florence.

    As Italy's new government promises much-needed reforms to invigorate the country's economy, experts have flagged one area in dire need of change.

  • Is Miami the next Monaco? Thursday, 17 Apr 2014 | 1:20 PM ET
    This six-bedroom, seven-bath Miami mansion is currently on the market for $11.5 million.

    If Miami real estate is a bubble, it's still inflating fast, with the average sales price for Miami real estate up 19 percent in the first quarter.

  • Ex-Man United boss sells $5 million wine collection Wednesday, 16 Apr 2014 | 8:41 AM ET
    12 bottles of Sassicaia 2004

    Ex-Man United boss Alex Ferguson is auctioning thousands of bottles of vintage wine worth around £3 million ($5 million).

  • 5 steps the rich can take to try to avoid an audit Tuesday, 15 Apr 2014 | 12:32 PM ET
    Don’t audit me because I’m beautiful. Supermodel Gisele Bundchen recently told a Brazilian news site that she was audited by the IRS after she was listed on Forbes' Supermodel Rich List. The former Victoria's Secret model has been on the Forbes list for seven straight years.

    There are only two ways sure-fire ways to reduce your chances of getting audited by the IRS: keep your taxes simple, and don't make a lot of money.Rich people don't have that choice, of course.

  • The average tax bill for the 1% is how much?! Monday, 14 Apr 2014 | 1:07 PM ET

    For most Americans, the tax increases passed in January 2013 look like ancient history. But for the wealthy, the bill for those changes is now coming due.

 

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