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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.
If you ever wanted to live in a 13-bedroom house with Kid Rock and Michael Jordan as your closest neighbors, this could be the place for you, reports CNBC's Robert Frank.
A new survey finds good and bad news on the college savings front. Parents are saving more, but not enough. And a third are still paying off their own student loans.
Italian fashion house Versace has signed a deal to build a luxury hotel at a casino resort in Macau, Asia's gambling capital, it said on Tuesday.
Who are the richest members of Congress? CNBC's Eamon Javers reports the richest member of Congress is Rep. Darrell Issa with an estimated net worth of $355 million, while Sen. Marco Rubio's net worth is negative $190,000.
The investigation into whether JPMorgan Chase hired the children of powerful Chinese officials to help the bank win business is sending shudders through Wall Street.
Total sales for this weekend's auction at Concours D'Elegance Pebble Beach reached a record breaking $301 million, according to Hagerty.
The red Ferrari was one of only 10 ever built, and its single-family ownership reportedly increased interest in the sale.
CNBC's Phil LeBeau reports on the seventh-generation Chevrolet Corvette, which is expected to go on sale later this year. And CNBC's Robert Frank checks in from the auto show at Pebble Beach, Calif.
Women tend to be less confident about money than men, but advisors are helping them bridge the still-wide financial literacy gap.
Broker has become a dirty word in the financial advisor business, but the fee-based model isn't always the best approach.
When it comes to retirement planning and making savings a priority, we are truly a nation of procrastinators.