John Staluppi, one of the nation's largest private car dealers, has owned 18 yachts. He even makes money off some of them.» Read More
Car enthusiast Doug DeMuro has a few words for his fellow supercar owners: "You should let other people drive your car."
The average sale price for real estate in the Hamptons soared by 40 percent, to $1.7 million, in the first quarter.
The former country home of one of Hollywood's most famous actresses, Vivien Leigh, has hit the market for about $5.9 million, according to a report in the Daily Mail.
Four Seasons has a new weapon in the luxury travel wars: its own Boeing 757.
The media have seized on a recent study that shows that a powerful "American elite" rules America. It's a scary finding. But a closer look suggests it's not that simple.
The former Facebook and Napster executive is retaining advisers to bring new focus to his political enterprises, says Politico.
There are only two ways sure-fire ways to reduce your chances of getting audited by the IRS: keep your taxes simple, and don't make a lot of money.Rich people don't have that choice, of course.
For most Americans, the tax increases passed in January 2013 look like ancient history. But for the wealthy, the bill for those changes is now coming due.
The Fleur de Lys, the Westside mansion that recently sold for a Southern California record-breaking price of $102 million, is on the market for long-term lease at $400,000 a month, according to a report in the Los Angeles Times.
Wealthy sunseekers looking for a holiday home will head to New York next month for the auction of the Bahamas' largest private island.
The 650S is the starter McLaren, priced at around $280,000—about a quarter of the price of its flagship P1 model.
A new study finds that the richer you are, the more likely you are to support paying higher tax rates.
A look at some tech billionaire's wealth offers a lesson in tech stock volatility.
A change in New York's estate tax contains a hidden wrinkle that could leave some multimillionaires with a much bigger surprise tax upon their death.
China's rich have acquired many of the tastes of the Western rich, but Bill Gates says they haven't embraced one of the most important: philanthropy.
It can be tough being a rich kid in Aspen. You have to know when to show off your wealth and when to keep it under wraps, according to a story in aspenjournalism.org.
It's a perfect storm and everyone is buying, says Fredrik Eklund, Bravo's "Million Dollar Listing New York" star, discussing Manhattan's soaring luxury real estate market.
How do you know when you're rich? According to a survey, most people reckon it is when you are worth over £10 million ($17 million).
The average sales price for apartments in New York City jumped 15 percent in the first quarter to $1,773,523, putting the average price per square foot at $1,363.
CNBC's Robert Frank reports on the income gap among the wealthy.