Which city has the highest percentage of millionaires? Monaco, where nearly one in three are millionaires.» Read More
New York lawyer William Zabel has helped settle high profile divorces in the past, and now Wendi Deng has hired Zabel for her divorce from Rupert Murdoch, with CNBC's Robert Frank. Peter Lattman of The New York Times, offers insight.
Wendi Deng has hired the well-known New York attorney William Zabel to represent her in her divorce from Rupert Murdoch, CNBC has learned.
From Steve Schwarzman to Sean Parker to Steve Cohen, billionaires who host ill-timed or ill-considered parties can quickly feel the PR pain.
Police are searching for a man who was wearing gloves, a cap and a scarf to mask his face while sneaking into the diamond show in a luxury Cannes hotel.
Survey data point to an increasingly globalized U.S. economy, the widening gap between rich and poor, and the loss of good-paying manufacturing jobs as reasons for the trend.
Actor James Gandolfini may have left too much of his money to the IRS. CNBC's Robert Frank details Gandolfini's will, and why a lot of his estate will be subject to taxes.
It's hot in the Hamptons this summer! Real estate sales shot up 23% in the second quarter, topping $1 billion.
Despite a tanking housing market, CNBC's Robert Frank reports the Hamptons heating up.
We look at the world's 10 richest diamond owners that consist of collectors, dealers, business owners as well as investors who have stakes in some of the world's biggest diamond mines.
Slowing economies in places like China and Brazil are weighing on the real estate market as foreign purchases of U.S. property slowed in the 12 months ended in March, a new report said.
A Long Island contractor decided to buy the contents of a storage container for about $100 and inside he found a rare car that was in the James Bond movie, "The Spy Who Loved Me." The car is now up for auction.
According to a report by UBS, 70 percent of investors with more than $1 million in invest-able assets do not consider themselves wealthy. Mike Ryan, UBS, and CNBC's Robert Frank, discuss the definition of wealthy.
Everyone has their own definition of what it means to be rich, but a new study from UBS has a cold, hard answer: $5 million—with at least $1 million of that in cold, hard cash.
The art owned by Detroit is estimated to be worth at least $1 billion, reports CNBC's Robert Frank. Talk of a sale has sparked outrage from cultural groups.
Simon Light, head of property at EC Harris, comments on a report by the consultancy firm on how China could soon surpass the U.S. in total worth of infrastructure and property assets.
CNBC's Robert Frank reports that starting bids for the house, which a bankruptcy court recently approved for auction, are at $25 million.
Detroit's bankruptcy cites more than $18 billion in debts, but the city has one asset that could help its balance sheet considerably: its art collection.
Reserving a private jet could be as easy as picking up your smartphone and clicking a few buttons, reports CNBC's Robert Frank.
A new survey shows that a majority of families worth $30 million or more are focused on growth rather than preserving capital. That's up from last year's rate of 47 percent.
What your money can buy you in North Arlington, Virginia, with Coldwell Banker Residential Brokerage's Joseph Zorc. This week's power house is listed for $1.2 million, with $7749 in taxes.
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.
It's time for members of Gen X, renegades and loners, to start looking to financial experts for help with their investments.