Feadship has created a hybrid megayacht, making megayachting a little more carbon-friendly.» Read More
Studies suggest the American wealthy could be even more generous than they already are, so why don't they give more? It depends who you ask.
The French Riviera hasn't lost its cachet, topping the list of prime residential enclaves for the ultra-wealthy, according to research from Savills.
Tamara Mellon, the co-founder of the luxury brand Jimmy Choo, told CNBC that her former business partner Choo did not have the "creative vision" to design shoes.
Drool over the Neiman Marcus catalog if you want, but the real question is whether the wealthy will spend this holiday season.
So you want to be rich? Stay stateside, home of 1.7 million of the 1.8 million millionaires created in the past year.
The anonymous graffiti artist, whose works have sold for as much as $1 million, is himself being vandalized.
As Mayor Michael Bloomberg's long reign draws to a close, some of New York's ealthiest expressed alarm at a future without the billionaire at the city's helm.
A peek inside Feadship, one of the world's most prestigious makers of megayachts, including those for Steve Jobs and Larry Ellison.
Inequality is all relative. It now takes at least $100 million to matter in New York, leaving many wealthy feeling disadvantaged.
CNBC's Robert Frank reports John Arnold pledged up to $10 million to fund head start programs that were closed because of the government shutdown.
A sky crane appeared to be raising a load of concrete when it failed at one of Manhattan's tallest residential towers. CNBC's Robert Frank reports the site of the incident is at the same building known for an infamous crane failure during Superstorm Sandy.
Diamond prices keep breaking records. The latest is a 118-carat, flawless D-diamond auctioned by Sotheby's for $30.6 million.
The most expensive white diamond ever sold at auction went for a record-breaking $30.6 million, reports CNBC's Robert Frank.
The megahome market continues to surge. Here's a look at the top markets.
A "stupid" law on cash transactions in Italy is killing the luxury fashion sector, the CEO of a luxury tailor told CNBC.
Jenny Koppelman Hutt, "Just Jenny" host, and CNBC's Robert Frank break down outrageous headlines from the week including the Panda Cam being furloughed due to the government shutdown and a $55 million necklace going on sale in Singapore.
Although Brad Pitt never lived in one of the most expensive homes currently on the market, CNBC's Robert Frank explains why he is impacting the sale of this Montana ranch.
In a Paris holdup an estimated 1 million euros worth of watches was stolen. CNBC's Robert Frank has the details.
Twitter will get a public value of as much as $10 billion, but only one shareholder will become a billionaire—and he's no longer with the company.
Activist investor Dan Loeb is pushing for changes at Sotheby's. CNBC's Robert Frank reports.
Risk tolerance is comfort with market volatility, and when it comes to investing, it matters more than you think.
Advisors sometimes find themselves steering clients away from odd investments, from strip clubs to marijuana farms.
Online wealth management brings financial advice to the masses, but retirement planning still requires the human touch.