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.» Read More
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.
The animal spirits are stirring again as the asset management industry grows to record levels, shrugs off the effects of the financial crisis. The Financial Times Reports.
The price of an Apple-1 computer sold at auction marks a huge increase from its 1976 sale price and shows how rare, highly prized vintage electronics are becoming a class of collectibles.
CNBC wealth reporter Robert Frank has all the details on the world's largest yacht.
The trappings of wealth have been increasingly visible in Singapore as the number of sports cars roaring down its streets has increased. The Financial Times reports.
Azzam, the largest yacht in the world at 590 feet, recently went through its first sea trials where it hit a staggering 31.5 knots making it the fastest yacht longer than 300 feet.
Many banks have a special women's outreach programs, to get a piece of the growing wealth controlled by women, but how much wealth will there be? That's the tough part.
CNBC's Mary Thompson reports on the rebound in the high-end boat market. Viking Yachts CEO Patrick Healey says his business' sales are back to about 75 percent of their peak.
The yacht business took a hit during the recession but sales have rebounded and Viking Yacht executive Patrick Healey sees "tremendous growth" heading into next year. Here's why.
Sales of high-end boats jumped 7 percent in May from over a year ago. CNBC's Mary Thompson speaks to Patrick Healey, Viking Yachts COO, about growth in the industry as well as how unrest in Egypt is affecting business.
Former Feng Shui master Peter Chan has been found guilty of forging a will supposedly left behind by his late lover, billionaire tycoon Nina Wang who was one of Asia's richest women.
Postnuptial agreements—similar to prenups, but for married couples—are on the rise, with growing acceptance and DOMA changing the marriage landscape.
You wouldn't know it from looking at all of the glass towers going up across Manhattan, but the city is running out of penthouses and other ultra-luxury apartments, and what's on the market may be overpriced.
Amazon is said to be making plans to sell pricey art online, a move that may shake the foundation of the art world and accelerate a sweeping shift already underway at the auction houses and some galleries.
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As the losses bond holders saw in 2013 may occur again when the Fed raises rates, bonds may not be a safe investment.
With interest rates apparently rising, CNBC takes a look at record-high rates from around the world in past decades.
ETFs enjoy record inflows and popularity as vehicles for higher yields and downside protection in a bond bear market.