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Wealth

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  • If the CEO Owns a Yacht, Should You Sell the Stock? Monday, 11 Jun 2012 | 1:43 PM ET

    In the past, investors rarely cared much about off-the-job spending by CEOs. But in the current climate, the yacht and Ferrari habits of CEOs may, indeed, be relevant to investors.

  • Manhattan's Five Best $30 Million-Plus Apartments Friday, 8 Jun 2012 | 1:00 PM ET
    One 57 Manhattan

    High-end New York brokers were asked: If your client were spending $30 million or more, what five apartments would you show them?

  • Rich Kids Worry Money Will Strain Family Ties Thursday, 7 Jun 2012 | 4:19 PM ET
    Child with money

    A new study finds that a top concern for both wealth parents and their kids was the impact of wealth on their relationships.

  • Two women look at a jewelry display in a luxury shopping mall in Shanghai. Following in the footsteps of Japan, China has become the world's second-largest consumer of high-end fashion, accessories and luxury goods.

    Economic growth in China has created a voracious appetite for luxury goods. Now wealthy shoppers there are shunning labels they see as tainted by the common touch.

  • Ultra-Wealthy Are Shunning Stocks Monday, 4 Jun 2012 | 11:59 AM ET

    Wealthy investors are shying away from U.S. stocks and putting more money into private companies, real-estate and commodities, according to a new study.

  • A Few Restaurant Tips for Mark Zuckerberg Friday, 1 Jun 2012 | 11:04 AM ET
    Mark Zuckerberg

    The Facebook billionaire raised Romans' ire when he failed to leave a tip at a posh restaurant.  But do Italians have different rules for Americans?

  • After two consecutive months of positive improvement, optimism of America’s wealthiest has dipped due to continued concerns about the economy and the job market.

  • America Lost 129,000 Millionaires in 2011 Thursday, 31 May 2012 | 11:59 AM ET

    A new report says America’s millionaire population declined last year for the first time since the 2008 crisis.

  • A Tale of Two Markets: Mega Homes Surge Thursday, 31 May 2012 | 10:07 AM ET
    Luxury Aspen Home

    From $16 million log mansions in Aspen to $90 million Manhattan penthouses, high-end real estate is defying the broader real-estate slump.

  • Income Gap Leads to a Luxury Gap Wednesday, 30 May 2012 | 11:34 AM ET
    Prada Shopper

    As Asia cools and Europe’s middling wealthy hunker down, the super-rich are expected to be the prime movers in the market for luxury goods.

  • The Mass Migration of the Super-Rich Tuesday, 29 May 2012 | 11:32 AM ET
    Switzerland

    Whether it’s wealthy French or Americans fleeing the prospect of higher taxes or wealthy Russians and Chinese trying to escape political uncertainty, millionaires and billionaires around the world are migrating like never before, according to government statistics and relocation experts.

  • Winemaking Lures the Wealthy, But Not With Profits Monday, 28 May 2012 | 9:08 AM ET
    The 2012 Premiere Napa Valley Trade Auction at The Culinary Institute of America at Greystone in Helena, CA.

    People who made fortunes in profitable industries define success in the winemaking business as breaking even.

  • Yoshikami: Four Things You Need to Know About Gold Now Friday, 25 May 2012 | 10:26 AM ET
    Gold

    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.

  • Where Do the Happiest Millionaires Live? Thursday, 24 May 2012 | 2:15 PM ET
    Malaysia skyline

    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.

  • Australian Becomes World’s Richest Woman, Mag Says Wednesday, 23 May 2012 | 12:45 PM ET
    Gina Rinehart, chairwoman of Hancock Prospecting Pty., attends the Commonwealth Business Forum in Perth, Australia, on Wednesday, Oct. 26, 2011.

    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.

  • Reticent Rich: Preferred Style in Silicon Valley Friday, 18 May 2012 | 2:57 PM ET
    Silicon Valley, California

    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.

  • For the Rich, Diamonds are the New Stocks Wednesday, 16 May 2012 | 11:55 AM ET
    The 35-carat pear-shaped diamond Marie de Medici wore at her coronation in 1610, one of the world's most famous gems.

    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.

  • Economic Warfare - Ziad K. Abdelnour

    In making his case, says most major wealth creation comes from doing what other people consider insufferably boring.

  • Child holding dollar currency notes

    Who wants their kid to be a millionaire? Ron Lieber of the New York Times looks at books advising upwardly mobile parents.

 

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