If Miami real estate is a bubble, it's still inflating fast, with the average sales price for Miami real estate up 19 percent in the first quarter.» Read More
A Morgan Stanley strategist has come up with a new yard-stick for national competitiveness: the billionaire indicator.
Why do 70 percent of family businesses fail to pass successfully to the next generation? The answer are more emotional than financial.
According to a new poll from Spectrem Group, a majority of millionaire voters are likely to go for Mitt Romney. But it wasn't taxes that swayed them.
Apple Stores stores take in more money per square foot than any other United States retailer. But most of Apple’s employees, who sell those iPhones and MacBooks enjoy little of that wealth. The New York Times reports.
Not only has standard inflation steadily eroded the real value of a $100,000 income, but the cost, of housing, health insurance and college tuition have risen dramatically in recent years.
The United States is still No. 1 when it comes to the number of millionaires in a single country, but global wealth is continuing its movement eastward.
A new study shows that charitable giving in America increased 4 percent last year, to $298.4 billion. But Americans gave only 1.9 percent of income to charity, down from previous levels.
No wonder tennis star Rafa Nadal was so sad about losing his watch this week. The company that makes it is totally sold out of the product.
Miami's high-end real-estate market is hot, but with wealthy foreign speculators providing the heat, a global stumble could cool it off in a hurry.
The wealthy have been turning to the concrete value of collectibles during the financial crisis. But some of the sector's stability is illusory.
In the past, investors rarely cared much about off-the-job spending by CEOs. But in the current climate, the yacht and Ferrari habits of CEOs may, indeed, be relevant to investors.
High-end New York brokers were asked: If your client were spending $30 million or more, what five apartments would you show them?
A new study finds that a top concern for both wealth parents and their kids was the impact of wealth on their relationships.
Economic growth in China has created a voracious appetite for luxury goods. Now wealthy shoppers there are shunning labels they see as tainted by the common touch.
Wealthy investors are shying away from U.S. stocks and putting more money into private companies, real-estate and commodities, according to a new study.
The Facebook billionaire raised Romans' ire when he failed to leave a tip at a posh restaurant. But do Italians have different rules for Americans?
After two consecutive months of positive improvement, optimism of America’s wealthiest has dipped due to continued concerns about the economy and the job market.
A new report says America’s millionaire population declined last year for the first time since the 2008 crisis.
From $16 million log mansions in Aspen to $90 million Manhattan penthouses, high-end real estate is defying the broader real-estate slump.
As Asia cools and Europe’s middling wealthy hunker down, the super-rich are expected to be the prime movers in the market for luxury goods.
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Rising rates will impact consumers beyond bond portfolios, affecting credit card bills, auto loans and more.
Scammers are exploiting Heartbleed fears, so purported fixes might be ploys to get access to financial information.
Lack of insurance literacy could result in a costly surprise when it comes time to make a claim. Some common oversights.