It's one of a kind. Take a peek inside this Knightsbridge penthouse that rents for $99,000 a week.» Read More
CNBC's Robert Frank reports on the world's largest known vivid orange diamond. The megastone is 14.82 carats and is expected to auction for $17 million to $20 million.
The Hamptons saw the best Q3 since 2005, with total sales increasing a little over 31 percent year-to-date, reports CNBC's Robert Frank.
Real estate sales in the Hamptons posted the strongest third-quarter results in eight years.
Indian journalism appears bold while attacking the prime minister and subdued when it had to investigate a billionaire. The NYT reports.
Rachael Sacks, a New York college student, wrote she was rudely treated by a cashier in a grocery store because she looked wealthy. CNBC's Robert Frank has the details. Jack Welch, former GE CEO, weighs in.
Rachael Sacks wrote an article on Thought Catalog after a grocery store cashier gave her a dirty look because she looked wealthy. CNBC's Robert Frank has the details of the controversy.
USA Today reports CEO salaries are rising with the stock market with top payouts at a record $4.7 billion and are likely to get even fatter next year.
Rachael Sacks said she has no intention of apologizing or flip-flopping on her views about wealth discrimination. A person's a person, she seems to argue, no matter how rich.
The preppy designer is placing his luxurious penthouse on the market for $80 million, reports CNBC's Robert Frank.
Fashion tycoon Tommy Hilfiger is listing his duplex at the Plaza Hotel for $80 million, making it one of the most exclusive condo listings in Manhattan.
While the wealthy don't show any signs of worrying about the effects of tighter money, they should be, according to economist Marc Faber.
Wealthy young New York families are making up for the removal of Latin Americans as buyers of luxury digs, real estate pros say.
The CEO snapped up the Lotus body for $989,000, and confirmed plans to turn the prop into a real, working sub car using a Tesla electric drivetrain.
Deep-pocketed, high-profile individuals are pouring millions of dollars into these money-losing businesses, often without any goal of earning a return.
The violin famously played by the Titanic's bandmaster as the ship sank on its maiden voyage in 1912 sold for £900,000 ($1,454,400) at auction on Saturday.
Teaching charity is important, but taking your kids to work at a soup kitchen during the holidays is not the way to do it. Here's what works.
A new report from A.T. Kearney finds that just 2 percent of China's population accounts for about a third of all of the world's luxury consumption.
CNBC's Robert Frank shares a peak at Wednesday's season finale of "Secret Lives of the Super Rich."
Sara Blakely, founder and inventor of Spanx shares her father's parenting strategy of encouraging failure. CNBC's Robert Frank reports.
When Sara Blakely was growing up, her father would ask her: "What have you failed at this week?" That acceptance helped feed her later success.
Studies are revealing exponential growth rates for many advisory firms offering more personalized services.
Picking an advisor is key for business owners. A misstep can be the difference between reaching financial goals and falling short.
Serving younger clients now isn't likely to make or break your practice short-term, but it will spark profits down the road.