Most car companies want to sell more cars. Ferrari wants to sell less. And so far, its strategy has been highly profitable.» Read More
The world’s super-rich could soon switch from setting up home in the traditional property hot spots such as London to heading for outer space.
CNBC's Robert Frank reveals a picture of a motorcycle called the "Goldfinger," which sold for $850,000.
It wasn't that long ago that the first $1 million car was news. Now, a two-wheel vehicle is about to hit seven figures.
The U.K. plan to auction off visas, with bids starting at $4 million, may sound strange, but it's not too different from other schemes that give investors visas.
After a wave of anti-wealth protests in San Francisco, the nearby, posh town of Atherton is investigating graffiti and has brought in the FBI to help.
Singapore appears to have stage-managed an enviable feat in its latest budget: combining increased social spending while avoiding a tax hike for the wealthy.
Australia – one of the most expensive property markets in the world - is still a top choice for affluent Asian investors, despite bubble fears.
Is success being vilified in America? The successful seem to think so. A poll finds that 1 percenters no longer like to be seen as such.
Nicole Miller CEO Bud Konheim has a message for all of the 99 percenters: you’re luckier than you think.
Last year, a record 2,999 Americans gave up their citizenship or terminated their long-term U.S. residency, according to new government data.
A new study suggests that the concept of the "Millionaire Next Door" may be coming back in vogue—at least psychologically.
Art often imitates stocks—at least when it comes to prices. But so far this year, stock markets are down and art is up.
The world's millionaires have vastly different ideas about what philanthropic causes to fund. A new study looks at where the money goes.
Robots stand guard over million-dollar Ferraris in this climate-controlled vault.
Countries are lining up to attract China's rich, creating a growing business and economy around selling them residency.
It's been a tough day for the wealthy. Stocks are plunging. And America is losing one of its patron saints of wealth creation—Ben Bernanke.
Along with Facebook shares, Mark Zuckerberg's wealth has shot up to $29.7 billion, begging the question: Is he the richest 20-something ever?
The president will take aim at the wealth gap in his State of the Union address, but he is likely to reinforce several myths about it.
A new poll from the Pew Research Center shows that the public has a more balanced view when it comes to the wealthy and inequality.
A new report shows that 64 percent of Chinese millionaires have either emigrated or plan to emigrate—taking their spending and fortunes with them.
U.S. investors are not likely to be heavily impacted, long term, by tensions in Ukraine and Russia.
Investors are concerned about rising rates and its effect on portfolios. One advisor details how to be prepared.
With inflation low and rates up, a run on TIPS isn't likely, but investors may think the low-priced bonds a good hedge.