New filings in the divorce of Ken Griffin show the hedge-fund manager makes $68.5 million per month—after taxes.» Read More
A 51-acre Greenwich, Conn., estate, known as Copper Beech Farm, sold for an eye-popping $120 million, the Greenwich Time reported.
This is the ninth year for the Woodford Reserve $1,000 Mint Julep, but each time the concoction features a different Derby-related theme.
A look at some of the most popular toys collected as investments, as well as some that, while popular, are losing propositions profit-wise.
Plans were revealed for Hilton Hotels' long-awaited Waldorf Astoria in Beverly Hills, Calif., which will be opened in 2017.
The Fleur de Lys, the Westside mansion that recently sold for a Southern California record-breaking price of $102 million, is on the market for long-term lease at $400,000 a month, according to a report in the Los Angeles Times.
Wealthy sunseekers looking for a holiday home will head to New York next month for the auction of the Bahamas' largest private island.
The 650S is the starter McLaren, priced at around $280,000—about a quarter of the price of its flagship P1 model.
A new study finds that the richer you are, the more likely you are to support paying higher tax rates.
National real estate brokerage Redfin put together a list of the top celebrity real estate sales of 2013.
With a little help from Francis Bacon, global art market sales last year rose to a record $64 billion, Sotheby's says.
David Hasselhoff, of "Knight Rider" and "Baywatch" fame, is set to auction his memorabilia, which spans decades in Hollywood.
A look at some tech billionaire's wealth offers a lesson in tech stock volatility.
A change in New York's estate tax contains a hidden wrinkle that could leave some multimillionaires with a much bigger surprise tax upon their death.
A rare Ming Dynasty cup dubbed the "Chicken cup" was sold to a collector for $36 million. It sets a new world record for Chinese porcelain.
China's rich have acquired many of the tastes of the Western rich, but Bill Gates says they haven't embraced one of the most important: philanthropy.
It can be tough being a rich kid in Aspen. You have to know when to show off your wealth and when to keep it under wraps, according to a story in aspenjournalism.org.
Hedge funder Jim Chanos sees a speculative bubble forming in the art market. And he said the best way to hedge is to short the stock of Sotheby's.
You'd think rich donors would be celebrating. But the Supreme Court's decision to lift limits on political giving is making some donors miserable.
Short-seller Jim Chanos tells CNBC that investors should watch the stock price of this company for proof of a speculative bubble.
The Coldwell Banker Previews International survey ranked Woodside, Calif., in the heart of Silicon Valley, as the nation's top luxury market.
Advisors can use social media to boost business but deploying it successfully means always repurposing unique content.
Craig Cowles of Cardinal Wealth Advisers tells CNBC which key considerations he relies on to gauge his clients' risk tolerance.
Observers say robo-advisors—yet to attract many assets—have failed to show they're a better alternative to human advice.