A rare, 1937 French Roadster sold for $6.6 million over the weekend, proving that rich car collectors are still spending.» Read More
According to a report by UBS, 70 percent of investors with more than $1 million in invest-able assets do not consider themselves wealthy. Mike Ryan, UBS, and CNBC's Robert Frank, discuss the definition of wealthy.
Everyone has their own definition of what it means to be rich, but a new study from UBS has a cold, hard answer: $5 million—with at least $1 million of that in cold, hard cash.
The art owned by Detroit is estimated to be worth at least $1 billion, reports CNBC's Robert Frank. Talk of a sale has sparked outrage from cultural groups.
Simon Light, head of property at EC Harris, comments on a report by the consultancy firm on how China could soon surpass the U.S. in total worth of infrastructure and property assets.
CNBC's Robert Frank reports that starting bids for the house, which a bankruptcy court recently approved for auction, are at $25 million.
Detroit's bankruptcy cites more than $18 billion in debts, but the city has one asset that could help its balance sheet considerably: its art collection.
Reserving a private jet could be as easy as picking up your smartphone and clicking a few buttons, reports CNBC's Robert Frank.
A new survey shows that a majority of families worth $30 million or more are focused on growth rather than preserving capital. That's up from last year's rate of 47 percent.
What your money can buy you in North Arlington, Virginia, with Coldwell Banker Residential Brokerage's Joseph Zorc. This week's power house is listed for $1.2 million, with $7749 in taxes.
Last month, a wealthy Middle Eastern family paid $500,000 to charter a private jet. What was unusual was the way the family booked: through an Iphone app.
CNBC's Robert Frank picks 3 billionaire toys we wish we had. Only 1 of them is real.
Summertime seems to bring out a rash of "fantasy" products for the super-rich—crazy trophy toys that are either too crazy or cutting-edge even for today's super-rich. A look at three of the best we've seen.
Greek workers are on strike today, rallying in front of the parliament, reports CNBC's Michelle Caruso-Cabrera. How are concerns in Europe impacting investment strategies? With David Bailin, Citi Private Bank. Bailin shares his top plays in hedge funds, real estate and private equity.
Pay raises for 2014 will average 2.9 percent, according to a new Mercer study. But that may not be enough to offset higher costs for some workers.
Brokers and real-estate analysts say there are now more than a dozen homes in the U.S. listed or quietly on the market for $100 million or more, that's more than during the peak of the housing boom in 2007.
The few who can afford to shell out tens of millions for an apartment in one of the new condominiums being built across New York City may find a perk in real estate tax breaks, the New York Times reports.
CNBC's Robert Frank reports on the most expensive car ever sold at an auction. A 1954 Mercedes-Benz Formula 1 racer sold for $29.6 million on Friday.
$1 million listings are back, reports CNBC's Robert Frank. One home on Martha's Vineyard, with a wine cellar that holds 12,000 bottles, is listed for $118 million.
A 1954 Mercedes Benz Formula One racer just became the most expensive car ever sold at auction, having fetched $29 million.
A new survey counting the all-in cost of college—tuition, room and board, fees and pizza—has a surprising school in the No. 1 slot.
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No matter your generation, there are steps pre-retirees can take to help build their 401(k).
The financial services industry can help investors paralyzed with indecision by offering fewer portfolio options.
Now could be the right time for investors to get in on Puerto Rico, says YPO member Francisco De Armas.