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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.
The number of luxury goods buyers is set to rise to 500 million by 2030 as wealth grows in Asia, Latin America and Eastern Europe, a study has found.
An increasing number of pawn businesses catering to the wealthy offer fast liquidity in exchange for high-end luxury items. The NYT reports.
Financial advisors are building client relationships by tapping into emotional, social and other non-fiscal needs.
Retirees should incorporate their life goals into financial plans—it's the best way to achieve true wealth.
Few have the time, knowledge and luck to beat the market. Sell in a systematic, disciplined way to stay diversified.