Americans worth more than $25 million think of themselves as frugal but actually live large. You'll never guess what they're spending on.» Read More
The government paid $11.3m in farm subsidies to 50 billionaires or businesses in which they have some form of ownership. The New York Times reports.
A new report says the combined fortunes of the world’s billionaires have doubled since the financial crisis, but what do we know about them?
China's Dalian Wanda Group, founded by the country's richest man Wang Jianlin, snapped up a Picasso painting for $28.2 million at a Christie's auction.
Asia churned out the highest number of billionaires globally in 2013, a stark contrast to Europe - which saw a decline in its ultrawealthy population.
Lackluster sales at a recent Christie's auction may not be a sign that the frothy art market is finally breaking down.
Christie's Monday night auction racked up $92 million, less than half of the early top end estimates, reports CNBC's Robert Frank. Also, a look at a big find in Munich of art allegedly looted by the Nazis.
Wealthy Chinese may not be buying many big yachts. But they are buying up big yacht companies. A look at what's driving the trend.
CNBC's Robert Frank reports NYC Mayor-elect Bill de Blasio plans to pay for education programs by raising taxes on the wealthy by more than $500 million.
CNBC's Brian Sullivan looks at a few "knick knacks" Oprah Winfrey auctioned for her charity, which brought in more than $600,000. Robert Frank reports on some of the most expensive items up for auction this Fall season.
Calls to tax the rich are suddenly reaching higher volume, whether it's Bill Gross' “Scrooge McDuck” blog or a ballot measure in Colorado to make high earners pay for schools, or New York's Bill de Blasio’s tax proposal.
The most expensive luxury yachts are now the most hi-tech vessels on the seas. CNBC's Robert Frank showcases the most tech-advanced cruisers.
Americans buy most of the world's yachts but few are actually made here. One company in Louisiana is trying to change that, reports CNBC's Robert Frank.
CNBC's Diana Olick and Jackie DeAngelis tour two million-dollar homes with a spooky history. Broker Dolly Lenz takes a look at the mysterious real estate and weighs in on which home is the better buy.
CNBC's Josh Lipton and Mary Thompson tour two million-dollar homes with a spooky history. Broker Dolly Lenz takes a look at the mysterious real estate and weighs in on which home is the better buy.
OGX, the Brazilian oil company controlled by former billionaire Eike Batista, sought court protection from creditors on Wednesday.
CNBC's Tyler Mathisen and Michael Noer, Forbes, discuss the magazine rankings of the most powerful and influential leaders in the world.
Wealth-X has put together a list of all 50 states with their top wealth-holders. A look at how the states stack up.
Two new surveys find that the debt cliffhanger in Washington earlier this month left top investors badly shaken.
Brazilian oil tycoon Eike Batista set a record for wealth loss, reports CNBC's Robert Frank. Between 2012 and 2013, Batista lost over $33 billion in paper wealth.
Eike Batista declared in 2011 that he would soon become the richest man in the world. Instead, he may become known for the largest personal-wealth loss.
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Proper financial planning has the power to transform your life, so invest the time and energy to find the best financial advisor.
With 70 percent of newly wealthy people going broke within a year, advisors caution clients to manage new money wisely.