The growing income gap is one of the top economic concerns for American millionaires, topping terrorism and the budget deficit.» Read More
Contrary to their austere image, millennials are a fairly wealthy generation, accounting for a quarter of America's millionaires, and they like their luxury.
Violas, which look like overgrown violins, are the butt of musician jokes, but hold the humor here.
In a bold statement regarding the crackdown on government waste in Italy, six state-owned luxury cars have been listed on internet auction site eBay.
According to a report, the U.K. was the number one destination for migrating millionaires over the past decade.
Luxury home-buying in the Caribbean is bouncing back this year, with real estate agents citing the improved economic picture in the U.K. and U.S.
A rare One-Cent Magenta postage stamp printed in British Guiana in 1856, and most recently owned by the estate of a DuPont chemical company heir convicted of murder, is expected to fetch a record price.
A new paper looks at the "hand-to-mouth" wealthy, and says there are 70 million such households in the U.S. This suggests that wealth today is far more precarious than many think.
A new report suggests that future growth for luxury will come from a new consumer. They're called YUMMY's—Young Urban Males.
The world's most famous secret agent's gadgets are coming to the London Film Museum. But if looking is not enough, all you need money—lots of it!
A new study says the wealthy are fleeing New Jersey for lower-tax states like Florida and Pennsylvania.
A golden-haired Tibetan mastiff puppy has reportedly been sold for a whopping $2 million in China, potentially making it the world's most expensive dog.
The family of Ethan Couch, the so-called affluenza teen, has settled lawsuits with some of the victims' families.
Pawn shops to the rich seem to be popping up faster than Starbucks stores, according to an article in Crain's New York Business.
Collections from New York's so-called mansion tax—a 1 percent levy on homes sold for $1 million—reached a record $259 million in 2012-2013.
The U.K.'s five richest families own more wealth than the poorest 20 percent of the country, according to new research.
A mystery tech billionaire has just purchased the most valuable life insurance policy ever. It's worth $201 million.
The number of millionaire households in America reached an all-time high in 2013.
While the broader private jet market has been slow to recover, demand and prices for the biggest, most expensive private planes are soaring.
Imagine the following help wanted ad. "Now Hiring: Candidate wanted to take a $1 million trip around the world—for free."
Vodka magnate Yuri Scheffler, visiting in New York, says he feels sorry for Ukraine. "There is only one law in Russia, and it's called 'Putin.'"
Clients keep advisors on their toes with questions about topics, from asset allocation to long-term health care.
Bob Johnson, president of The American College, dissects the decades-old Super Bowl stocks indicator theory.
Risk tolerance is comfort with market volatility, and when it comes to investing, it matters more than you think.