The sharp fall in global oil prices has had a deep impact not only on the global economy, but on the fortunes of Russian billionaires.» Read More
Here's why househunters in Miami, Chicago and... Lagos had better get ready for their dream homes to get pricier.
City dwellers can sit and sip on a $100 Champagne Cream Tea built for two at Manhattan's Peacock restaurant, according to a report.
On May 6, Christie's will auction a water lily painting by Claude Monet from the estate of Huguette Clark that has not been exhibited since 1926.
Sotheby's auctioned off a total of $44.3 million dollars in jewels Tuesday, including a record-breaking sapphire.
Marina developers in Southeast Asia are racing to build berths to address the latest problem vexing Asia's rapidly growing ranks of ultra-rich.
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.