A new report finds that wealthy New York City residents don't leave New York City at a greater rate than the non-wealthy.» Read More
A new book, "Empty Mansions: The Mysterious Life of Huguette Clark and the Spending of a Great American Fortune," explores over-the-top wealth.
When Jay Z starts rapping about Basquiat and Art Basel, is it time to think we've reached the top of an art bubble? At least one observer thinks so.
Being a billionaire isn't so special anymore. A study finds that the number of billionaires has surged past 2,000.
CNBC's Robert Frank and John Carney discuss whether we're seeing a housing bubble. New data from RealtyTrac show 63 percent of people buying homes in the $1 million to $2 million range used a mortgage. That's up 49 percent from a year ago.
Even as the rest of America pulls back on mortgages, the wealthy are going on a borrowing binge for million-dollar homes, according to RealtyTrac.
Settlement negotiations have broken down in the battle for the $300 million estate of reclusive heiress Huguette Clark, according to NBC News.
James Bond's famous submarine car from "The Spy Who Loved Me" has just been sold for $967,120, a price that was below what many had expected.
CNBC's Brian Sullivan and Kayla Tausche reports on 2 homes worth $1 million. A pre-war condo in New York City goes against a home with colonial charm. Dolly Lenz, shares her pick.
With a son on the way, Simon Cowell is making it clear that his $350 million fortune will be given to charity rather than his children.
Sotheby's is planning to offer a giant D-color diamond next month that could well become the most expensive rock ever sold at auction.
The business of "around-the-world" private jet tours is taking off, reports CNBC's Robert Frank.
A global travel bug has bitten the wealthy, fueling a surge in private jet tours—hyperexclusive, month-long trips aboard custom-built jets that drop in on exotic countries.
Less than three months after filing for divorce from his wife of 14 years, Rupert Murdoch has listed the family's 184-foot sailing yacht, the Rosehearty, for $29.7 million.
Tennis great Rafael Nadal is one of the most obsessive, ritual-oriented players on the tour. And part of that ritual now includes a $690,000 watch.
CNBC's Robert Frank reports Roger Federer's net worth is $71 million according to Forbes, but he is falling in the rankings. Also, a look at Rafael Nadal's watch, the most expensive timepiece on the court.
A tax deal reached between Switzerland and the U.S. on Thursday effectively puts an end to the status of the small Alpine country as a tax haven for wealthy Americans.
Brent Handler, Inspirato founder & CEO, explains how his company is making exclusive vacation homes more accessible to a broader base of wealthy travelers.
Gail Roberts, Coldwell Banker Residential Brokerage agent discusses the current real estate environment in the Boston area. This week's power house is listed for $2,285,000. "Buyers should expect more inventory this fall," says Roberts.
CNBC's Andrea Day reports the Feds are fighting back against tax fraud. One pharmacy owner allegedly had customers bring in their prescriptions for cash.
The singer is cashing out of the mansion market, listing two of her trophy properties in Florida and Montreal for a total of more than $100 million.
Advisors are using exchange-traded funds in clients' portfolios, citing transparency and a demand for lower-cost investments.
They may not be the most desirable client segment now, but advisors need to win over Gen X and Gen Y investors.
Home sales are surging, and summer is a big season for deals. Here are eight mistakes that homebuyers need to avoid.