Paul Allen is suing a company he said agreed to sell him a World War II German Panzer but failed to deliver it, according to a report in The Register.» Read More
CNBC's Robert Frank goes inside the vault at Patek Philippe headquarters in New York City to take a look at the one of the world's most expensive timepieces.
Russian President Vladimir Putin's reported income in 2012 was $187,000. CNBC's Robert Frank offers insight on a 32-page report from Boris Nemtsov which says his wristwatches are worth $700,000 alone.
Speculation about Russian President Vladimir Putin's net worth is rife, but getting a true estimate is very difficult. A look at why.
Although Russian President Putin warned of "American exceptionalism" in a NY Times op-ed piece, when it comes to Putin and the Russian people, it is his "exceptionalism" that is shrouded in mystery, reports CNBC's Robert Frank.
Talk of an art bubble has been ongoing, but has art become too highly priced? CNBC's Robert Frank has the story.
A growing number of investors warn that part of the art market is headed for a tumble, reports CNBC's Robert Frank. Jim Grant says "big hype and low interest rates are overinflating modern artists."
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.
Gen X faces retirement planning that will include no pension, a potential Social Security haircut and stagnant wages.
Some 15 percent of sandwich generation adults in their 40s and 50s are financially supporting both an aging parent and a child.
With 1 in 5 Americans a victim of credit-report errors, an annual financial checkup is just as important as a yearly physical.