Some of Hollywood's "A-list" celebrities have spent a night, or two, at this Mediterranean mansion. Take a look at some of the luxuries it offers.» Read More
Brazilian billionaire Eike Batista lost $6 billion in 48 hours in this summer. That may be a record for speed and dollar amount, even among today's High-Beta Rich.
The economy needs the kick-start of high-earners buying luxury goods, but a new survey says rich consumers are no more confident than the rest of us.
Those earning incomes in the top one percent (like many Americans) rank themselves much lower than their actual position, and worry that the wealthy have "too much influence."
A new survey shows that wealthy women are more likely than wealthy men to say that the rich don't pay their fair share.
It turns out, Mitt Romney may not have been the only American political figure to have a Swiss bank account. The difference is — he paid his taxes but some of the others may not have.
Inheriting money would seem like one of life’s unabashed blessings, yet the inheritors I spoke to said they were ill equipped emotionally or financially to handle the windfall.
A new report shows that the One Percenters lost more income and paid higher tax rates than the rest of the population.
Securitization of student loans led to more aggressive underwriting for borrowers who could not possibly afford the debt they took on.
In a speech last week, President Obama said that government, rather than self-determinism, creates the foundation of large wealth in America.
A growing number of wealthy homeowners are racing to sell before the fiscal cliff of 2013. That could weaken the important luxury home market.
Despite the populist rhetoric surrounding the election, polls show that Americans still have a largely positive view of the wealthy -- and that hasn't changed in years.
Hans Kristian Rausing, who inherited a fortune made from drink containers, is being held in a death called "unexplained."
The majority of Americans have higher incomes than their parents, but it is still not enough to move most of them into a higher bracket — especially those at the bottom, USA Today reports.
A new study says women who are the main breadwinners in their households feel more tension in their relationship those who make less than their man.
Traditionally it was poverty that caused social ills. But the evidence that wealth makes people callous is starting to mount.
Retirement experts say that even those hit by the Great Recession can retire comfortably if they are willing to work a few years longer than expected.
Samsung Electronics has emerged as the most valued brand by consumers in Asia, ending a four-year reign by Japanese competitor Sony and ahead of close rival Apple, according to a survey by research firm Nielsen and media magazine Campaign Asia-Pacific.
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.
Picking an advisor is key for business owners. A misstep can be the difference between reaching financial goals and falling short.
Serving younger clients now isn't likely to make or break your practice short-term, but it will spark profits down the road.
Only 30 percent of family businesses are successfully passed down, but financial advisors can help owners turn the odds around.