The idyllic islands of the Maldives are receiving a lot of attention from wealthy real-estate entrepreneurs, property investment firms told CNBC.» Read More
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.
After the stock market sank in 2008, many investors lost money from their 401(k)s, leaving those who are looking to retire strapped for cash, the New York Times reports.
As many as 27 percent of the 37 million student-loan borrowers have past-due balances of 30 days or more, a Federal Reserve Bank of New York report showed. The New York Times reports.
Warren Buffett's live appearance on CNBC's Squawk Box on February 27, 2012 generated some headlines as he said single-family houses are a bargain right now, revealed Wells Fargo is his favorite bank stock, and recalled the advice he gave Steve Jobs a couple of years ago on what to do with Apple's cash. You can read the entire three-hour conversation in this downloadable PDF transcript.
With its relatively heavy taxes on labor, light taxes on unearned income and broad ranges of rates within the same income levels, the American tax code violates fundamental principles of income taxation. The New York Times reports.
Chinese shoppers have become a fixture of the luxury retail scene in the US and Europe, drawn by much cheaper prices than at home. But many upscale brands have yet to bond with China’s million millionaires. The Financial Times reports.
When it comes to liquid alternatives, research, moderation and patience are the keys to success with this asset class.
For financial advisors, succession planning is about protecting and ensuring that clients' needs are properly met.
Many people insure belongings but neglect to protect against a loss of income with disability insurance coverage.