A new report finds that wealthy New York City residents don't leave New York City at a greater rate than the non-wealthy.» Read More
People who made fortunes in profitable industries define success in the winemaking business as breaking even.
Since the price of gold spacer has not ratcheted up in this latest Europe driven downturn, some say surely that must mean that the wisdom of owning gold is now null and void. I disagree; gold should still be a part of your investment plan.
A recent survey of 2,800 millionaires across the region, conducted by Scorpio Partnership, a global wealth-management consultancy, shows that high net worth individuals, especially those living in India and Indonesia, are the happiest, and most optimistic about growing their fortune.
According to Australia's BRW magazine, mining magnate Gina Rinehart’s net worth is now $28.5 billion. That tops WalMart heiress Christy Walton’s $26 billion pile.
Here in one of the richest corners of the country, the tech elite display an ambivalent, sometimes contradictory approach to wealth. Money is a measure of the power of the companies that entrepreneurs have built, rather than a thing to display.
New studies show that the wealthy are pulling back from stocks and stashing more of their money into real-estate, art and even diamonds.
In these tough market conditions, it could be said that no private jet model is 100 per cent safe. But this has not stopped new types of private jet travel emerging.
In making his case, says most major wealth creation comes from doing what other people consider insufferably boring.
Who wants their kid to be a millionaire? Ron Lieber of the New York Times looks at books advising upwardly mobile parents.
All six partners at Andreessen Horowitz are committing to donate at least half of their lifetime income from venture capital investments to charity.
Fifty percent of all wealthy Americans are now optimistic about the economy, up 12 percent this year and the highest in about a year, a new survey says.
High earners worried that this year’s Tax Day will be the last before their rates rise have more than the White House and Washington to blame. They can also look to two academically revered French economists whose work is the subtext for the battle over tax fairness.
While it’s generally accepted that John Jacob Astor IV was the richest man in the world when he went down with the ship, estimates of his personal fortune range wildly.
The world’s richest chief executives have all either founded or built companies from modest beginnings. Find out who are the world’s wealthiest billionaire-CEOs.
The hole in the pension plans of US labor unions now stands at $369 billion, Credit Suisse has calculated with the aid of new reporting standards. This raises the prospect of higher pension contributions for employers and deteriorating industrial relations. The Financial Times reports.
Public workers’ pension funds across the country are increasingly turning to riskier investments in private equity, real estate and hedge funds, and they aren't paying off, reports the New York Times.
I'm looking forward to winning tonight's Mega Millions lottery, now up to $640 million, with a cash option of $462 million. I'll take the cash. I've already started contemplating how to spend it in this life - and for the afterlife.
The grass really is greener on the other side of the fence in some places around the country. Here's where the biggest wealth gaps exist.
“Mad Men” plays to fantasies of louche living, but it also gives credibility to the liberal belief that high taxes won’t constrain the rich.
The 75 richest members of China's National People's Congress have an average net worth of $1.2 billion. Check out the list.
Advisors are using exchange-traded funds in clients' portfolios, citing transparency and a demand for lower-cost investments.
They may not be the most desirable client segment now, but advisors need to win over Gen X and Gen Y investors.
Home sales are surging, and summer is a big season for deals. Here are eight mistakes that homebuyers need to avoid.