While Ferraris claimed all but one of the top 10 spots for the most expensive cars auctioned in 2014, Ferraris were not the biggest gainers in terms of price.» Read More
It seems that the world's rich are starting to take criticism personally—and overreacting in the process.
Take a look at some of the surprising ways the super rich turn their mansions into home sweet megahome.
The American dream of climbing the income ladder is alive and well, according to new research. But much depends on where you grow up.
Hong Kong business tycoon Cecil Chao may double the dowry for any man that can win the love of his lesbian daughter.
A new poll from the Pew Research Center shows that the public has a more balanced view when it comes to the wealthy and inequality.
The Hamptons real estate market cooled last quarter, prompting questions about whether a broader downturn in the luxury real estate market is ahead.
"America succeeds by raising everybody up. It doesn't succeed by tearing anybody down," Larry Summers tells CNBC.
The market for American muscle cars—which saw irrational run-ups in the mid-2000s—is back.
If you're like most wealthy male clients, it's all about that WOW factor; and nothing says WOW more than spectacular views, says Dolly Lenz.
With the global economy slowly getting back on its feet, 2,500 delegates gathered in Davos face a vexing question: How to spread the wealth.
A rare bottle of Macallan whisky has set a world record for the most expensive single malt whisky sold at an auction over the weekend.
The combined wealth of the world's richest 85 people is now equivalent to that owned by half of the world's population – or 3.5 billion of the poorest people – according to a new report from Oxfam.
The 6,000-square-foot presidential suite at the Fairmont in San Francisco is in a league of its own. Take a look inside this $20 million hotel room.
In luxury real estate, location doesn't count for much if it doesn't include spectacular views. Feast your eyes on a few that do.
A new report shows that 64 percent of Chinese millionaires have either emigrated or plan to emigrate—taking their spending and fortunes with them.
A rare 1967 Ferrari 330 GTS is rusted out, and the engine won't start, but it could fetch $2 million at auction this weekend.
The billionaire ex-wife of a U.S. casino magnate bought the world's most expensive painting sold at an auction, the Wall Street Journal reported.
How does your state stack up when it comes to millionaire households? A new study crunches the numbers.
A new report shows that American multimillionaires hold 7 percent of their wealth in personal real estate, less than their counterparts in Asia and Europe.
What was a favorite wine of the global wealthy last year? Here's a hint: It's from a vineyard in Burgundy that produces fewer than 500 cases annually.
Mexico's image as an emerging-market star has taken a pounding in recent weeks but here's why investors shouldn't give up, says UBS's Jorge Mariscal.
Contrary to stereotypes, millennials are a savvy generation to which advisors would be wise to tailor marketing efforts.
Want to avoid taxes on Roth IRA conversions? Choose a "backdoor" Roth or wait for a life event to lower your bracket.