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Even as the broader real estate market softened, luxury home sales surged in the third quarter, according to Redfin.
Steve Cohen, whose firm SAC Capital settled criminal insider charges, bought a sculpture at auction last week for $101 million, according to people familiar with the transaction.
Sotheby’s battle with activist investor Dan Loeb resulted in a special charge of $20.1 million in the first nine months of 2014.
Having already conquered the music market, hip hop royalty Jay Z is entering the luxury end of the alcohol business.
The widening income gap between the world’s richest and poorest is leaders’ greatest concern for 2015, according a survey by the WEF.
The Beverly Hills, California, estate, called Palazzo di Amore, is set on 25 acres overlooking LA.
Swimming in cash: a year's compensation for a hedge fund manager is more than most will earn over the course of their lifetime.
The comedian sold his TriBeCa duplex for $17.5 million, three times what he paid for it, the Daily Mail reports.
Another strange wrinkle in oilman Harold Hamm's divorce case has emerged.
A Chinese tycoon dished out $61.8 million for a van Gogh masterpiece this week, the highest auction price for a painting by the artist in 16 years.
Indian Prime Minister Narendra Modi is the highest ranking newcomer on 'The World's 72 Most Powerful People' list compiled by Forbes.
Of the 10 congressional candidates who spent the most on their own races, six won and four lost.
The Billionaire Political Power Index tracks the wealthiest voters, whose votes count much more than yours does.
"Chariot" could help pull the increasingly top-heavy art market through another record-breaking auction season.
At $45,000 per night, the Four Seasons Ty Warner Penthouse suite is the king of all hotel rooms in New York City.
Million-dollar donations reached their highest level since 2008 last year, led by big name donors Bill Gates and Warren Buffett.
Home decorating is expected to nab about $2 billion this Halloween, and we're not talking scarecrows and a few pumpkins on the porch.
This billionaire really likes Halloween. Every year, hedge fund titan Marc Lasry turns his posh New York City home into an elaborate haunted house.
Looking for a little Halloween spirit? Top Ten Real Estate Deals has compiled of some of the most expensive—and often notorious—haunted mansions around. Take a peek.
Wealth managers, pay attention. Gay and lesbian CEOs may still be few in number—but the ranks of gay and lesbian millionaires and billionaires are growing rapidly.
Advisors recommend you reassess your financial plan after major life events to ensure you are shielded from financial curveballs.
MarketCounsel's Brian Hamburger points to the parts of the SEC's Form ADV that help consumers find a financial advisor.
More Americans are working past retirement age, either by necessity or choice—or, increasingly, a combination of both.