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  • There May Be More to Ferrari Cuts Than Status Wednesday, 8 May 2013 | 11:20 AM ET

    Ferrari is capping production this year. The stated reason: status protection. But what's the reality? Some experts think it may be a sign of lower demand for the luxury car.

  • Where the Millionaires Are Might Surprise You Tuesday, 7 May 2013 | 2:53 PM ET

    If you were looking for millionaires, you'd probably head to London or New York or Monaco. But you might be better off trying Tokyo.

  • Taxman Sends Message With Lauryn Hill Verdict Tuesday, 7 May 2013 | 1:59 PM ET
    Lauryn Hill leaves court in Newark, N.J. Hill pleaded guilty in June 2012 for failing to pay federal taxes on $1.8 million earned from 2005 to 2007.

    Tax attorneys say celebrities like Grammy Award winner Lauryn Hill are often sentenced and prosecuted more vigorously so that officials can send a message to the public.

  • Ralph Lauren’s New $700,000 Supercar Tuesday, 7 May 2013 | 11:19 AM ET
    The RUF CTR-3 pictured here is not Ralph Lauren’s actual vehicle, but he is driving a similar one in silver. RUF has sold 25 CTR-3’s since the product was launched in 2007, and only three of those were sold in the U.S.

    Ralph Lauren, the fashion mogul and vintage-car collector, recently took delivery of a new RUF CTR-3, according to people familiar with the deal.

  • UPDATE 1-Russian media magnate Lebedev goes on trial Tuesday, 7 May 2013 | 9:09 AM ET

    By Timothy Heritage and Maria Tsvetkova. MOSCOW, May 7- Russian media magnate Alexander Lebedev said as he went on trial on Tuesday that he expected to be jailed over a televised punch-up which he says is a pretext to punish him for criticising the Kremlin.

  • MOSCOW, May 7- Russian media magnate Alexander Lebedev goes on trial on Tuesday in a case he portrays as President Vladimir Putin's revenge for criticising the Kremlin and a warning to other rich businessmen.

  • Newer Art Works Expected to Lead Auction Boom Monday, 6 May 2013 | 2:48 PM ET
    Christie's Impressionist & Modern Art and Post-War & Contemporary sales preview.

    What are art lovers interested in this spring? A peek at the billion dollars worth of art on offer at Christie's and Sotheby's.

  • Countries Woo Rich Chinese With Foreign Visas Monday, 6 May 2013 | 1:47 PM ET

    Wealthy Chinese are on a global shopping spree. Along with handbags, art and condos, they're also buying foreign visas.

  • Bill Gates and Warren Buffett speak on CNBC's Squawk Box in Omaha, Nebraska.

    Billionaires Bill Gates and Warren Buffett said limits on charitable deductions could hurt giving—but only among the lesser rich.

  • Not So Great Gatsby for F. Scott Fitzgerald Friday, 3 May 2013 | 9:54 AM ET
    F. Scott Fitzgerald

    F. Scott Fitzgerald didn't get much for film payments Here's what he got in 1926.

  • Perelman: High Taxes for the Rich, but Not This One Thursday, 2 May 2013 | 2:08 PM ET
    Ron Perelman chairman and CEO of MacAndrews & Forbes

    Most of the wealthy have a binary view of taxes: less or more. But billionaire Ronald Perelman has a more nuanced view. He believes income taxes should be high for the wealthy, but the estate tax should be abolished.

  • HONG KONG, May 2- Gambling revenue in Macau, the world's biggest gaming destination, rose 13.2 percent in April year-on-year, buoyed by strong demand from wealthy Chinese punters. Macau, a Portuguese colony until 1999, is the only place in China where casino gambling is legal.

  • HONG KONG, May 2- Gambling revenue in Macau, the world's biggest gaming destination, rose 13.2 percent in April year-on-year, buoyed by strong demand from wealthy Chinese punters. Macau, a Portuguese colony until 1999, is the only place in China where casino gambling is legal.

  • Equestrian Estates Are Back in the Saddle Wednesday, 1 May 2013 | 12:59 PM ET
    This Tuscan-style equestrian estate in Santa Barbara, Calif., is currently listed for $14.95 million. The 8,725-square-foot main residence is located on 10 acres with outstanding ocean views, and the stable is large enough to accommodate six horses.

    From the rolling green pastures of Virginia to the palatial paddocks of California, equestrian estates are back in vogue.

  • Where to Study to Become a Millionaire   Wednesday, 1 May 2013 | 4:40 AM ET

    Mykolas Rambus, CEO of Wealth-X, discusses a study that reveals which universities produce the most multi-millionaires around the world.

  • App Helps Wealthy Hitch Rides on Private Jets Tuesday, 30 Apr 2013 | 10:35 AM ET

    Members of a new app-driven service can book a seat on any of 4,000 private jets that have extra room on their flights for about what it costs to fly first-class.

  • Why Rich Consumers Will Dominate Spending in 2013 Monday, 29 Apr 2013 | 1:42 PM ET

    Two new studies show that the wealthy plan to buy more, despite higher taxes and a dim view of economic growth and government.

  • Battle Over Empire State Building IPO Goes to Court Monday, 29 Apr 2013 | 9:32 AM ET

    The iconic Empire State Building has been at the center of battles for control by larger-than-life figures. A new one is coming to a head. The NY Times reports.

  • Kinariwala's Capveda Capital Advisory fund, which he runs from a modest office in a decrepit industrial estate in Mumbai, has returned 11.86 percent so far this year, outperforming average negative returns of 2 percent from India- focused foreign hedge funds.

  • Indian Hedge Funds Dare Where Others Fear to Tread Sunday, 28 Apr 2013 | 6:39 PM ET

    Indian hedge fund manager Kalpesh Kinariwala is so sure of his equity strategies in a country that has stumped foreign rivals that he sends a daily e-mail tracker of his performance - including to competitors.