Billionaires often share common attributes, and one of those traits is eloquently explained by Justine Musk, the ex-wife of billionaire inventor Elon Musk.» Read More
See whose children will have to earn their own money for Lamborghinis and summer mansions.
When you're spending six-figures on a luxury sports car, most people inspect it for marks, but for this 2002 Aston Martin Vanquish, the more marks the better.
Four Seasons has a new weapon in the luxury travel wars: its own Boeing 757.
The media have seized on a recent study that shows that a powerful "American elite" rules America. It's a scary finding. But a closer look suggests it's not that simple.
As Italy's new government promises much-needed reforms to invigorate the country's economy, experts have flagged one area in dire need of change.
If Miami real estate is a bubble, it's still inflating fast, with the average sales price for Miami real estate up 19 percent in the first quarter.
Ex-Man United boss Alex Ferguson is auctioning thousands of bottles of vintage wine worth around £3 million ($5 million).
There are only two ways sure-fire ways to reduce your chances of getting audited by the IRS: keep your taxes simple, and don't make a lot of money.Rich people don't have that choice, of course.
For most Americans, the tax increases passed in January 2013 look like ancient history. But for the wealthy, the bill for those changes is now coming due.
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 the many ways financial advisors are incorporating insurance expertise into the services they offer clientele.
While many retirees opt to downsize to save money, a move should also be about location and quality of life.
Automated, algorithm-based robo-advisors are gaining a foothold with some traditional financial advisory firms.