The donation comes from John Paulson, the billionaire money manager behind Paulson & Co., who graduated from Harvard Business School.» Read More
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 some tech billionaire's wealth offers a lesson in tech stock volatility.
A change in New York's estate tax contains a hidden wrinkle that could leave some multimillionaires with a much bigger surprise tax upon their death.
A rare Ming Dynasty cup dubbed the "Chicken cup" was sold to a collector for $36 million. It sets a new world record for Chinese porcelain.
China's rich have acquired many of the tastes of the Western rich, but Bill Gates says they haven't embraced one of the most important: philanthropy.
It can be tough being a rich kid in Aspen. You have to know when to show off your wealth and when to keep it under wraps, according to a story in aspenjournalism.org.
Hedge funder Jim Chanos sees a speculative bubble forming in the art market. And he said the best way to hedge is to short the stock of Sotheby's.
You'd think rich donors would be celebrating. But the Supreme Court's decision to lift limits on political giving is making some donors miserable.
Short-seller Jim Chanos tells CNBC that investors should watch the stock price of this company for proof of a speculative bubble.
The Coldwell Banker Previews International survey ranked Woodside, Calif., in the heart of Silicon Valley, as the nation's top luxury market.
How do you know when you're rich? According to a survey, most people reckon it is when you are worth over £10 million ($17 million).
The average sales price for apartments in New York City jumped 15 percent in the first quarter to $1,773,523, putting the average price per square foot at $1,363.
The driver of a Lamborghini Aventador faces a very hefty fine and repair bill after it was involved in a three-car crash.
Warren Buffett's sister, Doris, is offering a free online course on getting good value for the money you give away to charities.
An auction site is offering historic, one-of-a-kind, baseball memorabilia from some of the game's greatest of all time.
Although there's lots of noise about the growing wealth gap between the rich and the poor, that isn't the fastest-growing wealth gap in America.
London is the European city the world's billionaires like to call home, according to research published by Beauchamp Estates and Dataloft.
Contrary to their austere image, millennials are a fairly wealthy generation, accounting for a quarter of America's millionaires, and they like their luxury.
Bottom-up investing, which banks on individual securities bucking market trends, demands investors do their homework.
As digital natives become parents with greater financial complexity, will they still trust a robot to manage their money?
Mind maps, online organizational charts, help advisors boost revenue, reduce paperwork and manage client expectations.