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  • Why American millionaires lag world in real estate Wednesday, 15 Jan 2014 | 2:54 PM ET

    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.

  • Sotheby's crowns its king of fine wines for 2013 Tuesday, 14 Jan 2014 | 2:00 PM ET
    Romanée-Conti, vintage 1990

    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.

  • Luxury consumer base to hit 500 million—study Tuesday, 14 Jan 2014 | 12:51 PM ET

    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.

  • Need cash? Own a Bentley? Take a pawn ticket Monday, 13 Jan 2014 | 5:50 AM ET

    An increasing number of pawn businesses catering to the wealthy offer fast liquidity in exchange for high-end luxury items. The NYT reports.

  • Luxury yacht makers sail into China Friday, 10 Jan 2014 | 7:00 AM ET

    The luxury yacht industry sailed some testing waters, but things are looking up as yacht builders cruise towards emerging markets.

  • Millionaires now have the majority in Congress Thursday, 9 Jan 2014 | 4:02 PM ET

    Do you need to be rich to get elected to Congress? Or does getting elected to Congress make you rich? Whatever the cause and effect, Congress is now the land of millionaires.

  • Luxury hot spots where 1 percent escape the cold Thursday, 9 Jan 2014 | 12:16 PM ET
    The beach at the Eden Rock in St. Barth’s.

    Dreaming of hot sun and sugary beaches? Here are some of the top destinations for the wealthy right now.

  • China tycoon sets sights on Wall Street Journal Thursday, 9 Jan 2014 | 2:08 AM ET
    Chinese billionaire and philanthropist Chen Guangbiao.

    Chinese tycoon Chen Guangbiao is interested in buying The Wall Street Journal, according to media reports.

  • Coming soon: Uber-luxury Rolls Royce SUV? Wednesday, 8 Jan 2014 | 10:01 PM ET

    Watch out SUV makers, super luxury carmaker Rolls-Royce is "intensely" looking into expanding its line up to include SUVs.

  • Super-luxury car sales fell in 2013. Blame China Wednesday, 8 Jan 2014 | 1:07 PM ET
    Bentley Continental GT Speed Convertible

    According to Bentley Motors, the world's sales of cars priced at $200,000 or more fell by 6 percent last year.

  • Millionaires placing their bets on Europe Wednesday, 8 Jan 2014 | 6:00 AM ET
    European Central Bank and Euro Symbol in Frankfurt, Germany.

    A study from Spectrem Group also found that 58 percent of the rich are unwilling to invest outside the U.S. this year.

  • The best place to invest in real estate is ... Tuesday, 7 Jan 2014 | 10:38 AM ET
    London, England.

    A new survey shows that while London was the best city among foreign real estate investors, the rest of the top five cities were in the U.S.

  • It's the one thing that Michael Jordan can't sell Monday, 6 Jan 2014 | 4:02 PM ET

    Michael Jordan is king when it comes to selling most products, but when it comes to selling his own house, Air Jordan is coming up short.

  • New York is running out of luxury condos Friday, 3 Jan 2014 | 12:48 PM ET
    144 Duane Street

    New York City's real estate market set records in the fourth quarter, but it is a tale of two real estate markets.

  • Ferrari-inspired smart bracelet: $189,000 Friday, 3 Jan 2014 | 7:28 AM ET

    Want to go to the world's best clubs, hit a button on your fabulously adorned wrist and have your favorite drink immediately hustled to your table?

  • High rollers in a buying mood Wednesday, 1 Jan 2014 | 10:37 PM ET

    Buoyed by a growing economy and a soaring stock market, buyers are entering showrooms and leaving with trophy cars. The NYT reports.

  • Eleven companies that had a great run in 2013 Wednesday, 1 Jan 2014 | 5:30 PM ET
    Elon Musk with a Tesla Model S

    Despite modest overall sales growth, it's been a banner year for U.S. businesses. These 11 firms were hot in 2013.

  • Wealthy party about to crash?   Tuesday, 31 Dec 2013 | 2:44 PM ET
    Wealthy party about to crash?

    Sharing his top predictions for the rich, CNBC's Robert Frank thinks millionaire investors will play it safe in 2014.

  • Luxury brand predictions for 2014   Tuesday, 31 Dec 2013 | 2:44 PM ET
    Luxury brand predictions for 2014

    Discussing what investors can expect from luxury brands in 2014, with Stella Bugbee, NYMag's The Cut editorial director. Bugbee thinks luxury brands will fully embrace Instagram in the New Year.

  • Catholicism and capitalism   Tuesday, 31 Dec 2013 | 1:23 PM ET
    Catholicism and capitalism

    Will the Pope's comments on capitalism and the "idolatry of money" hurt the church's drive to raise money for the restoration of St. Patrick's Cathedral? CNBC's Michelle Caruso-Cabrera reports roughly $100 million of the $180 million needed has been raised.

 

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